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Share-based compensation (Tables)
12 Months Ended
Dec. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Share Option Activities
The following table summarizes the Company's share option and RSU activity for the twelve months ended December 31, 2025:
Share OptionsRSUs
Number of
Options
Weighted
Average
Exercise
Price
Weighted
Average
Grant Date
Fair
Value
Weighted
Average
Remaining
Contractual
Term
Average
Intrinsic
Value
Number of RSUsWeighted
Average
Grant Date
Fair
Value
USDUSDYearsUSDUSD
Beginning of period234,283$9.10 $4.81 117,912$13.53 
Granted208,640$3.79 $2.75 166,766$4.05 
Canceled(105,927)$7.50 $4.22 
Exercised or released(12,444)$19.40 
End of period336,996$6.32 $3.72 8.39$397,909 272,234$8.34 
Vested and exercisable109,979$10.99 $5.50 6.82$— 
Schedule of Assumptions Used to Value Options Granted
The Company used the Black-Scholes simplified method for the twelve months ended December 31, 2025 and 2024. The assumptions used to value the options granted to employees were as follows:
April 2025March 2025April 2024March 2024
Risk-free interest rate (%)4.24 4.05 4.54 4.21 
Expected volatility range (%)83.92 82.15 55.32 55.11 
Fair market value per ordinary share as at grant dates$2.45 $4.05 $6.60 $7.50 
Disclosure of Share-Based Compensation Arrangements by Share-Based Payment Award
The following table sets forth the amount of share-based compensation expense included in each of the relevant financial statement line items:
For the Year Ended
December 31,
20252024
USDUSD
Selling and distribution expenses$88,590 $190,864 
General and administrative expenses244,593 210,352 
Total share-based compensation expenses$333,183 $401,216