Company: SDAWW
Filing Date: 2025-12-22
Form Type: 6-K
Source: 0001213900-25-124170
Chunk: 13

Company: SunCar Technology Group Inc.
Filing Date: 2025-12-22
Form: 6-K
Chunk 13
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621 | ) |
| Accounts receivable, net    |     | $    |       75,605 |   |     | $    |        75,338 |   |

The Group recognized credit losses of $ and
$ for the nine months ended September 30, 2024 and 2025.

The movement of allowance for credit losses for
the nine months ended September 30, 2024 and 2025 were as following:

|                                        |     | For the nine months ended 
 September 30,             |   2024 |     |   |   2025 |
|:---------------------------------------|:----|:--------------------------|-------:|:----|:--|-------:|
| Balance at the beginning of the period |     | $                         | 21,144 |     | $ | 21,862 |
| Additions                              |     |                           |  2,359 |     |   |  5,133 |
| Foreign currency translation           |     |                           |    309 |     |   |    626 |
| Balance at the end of the period       |     | $                         | 23,812 |     | $ | 27,621 |

F-14 SUNCAR TECHNOLOGY GROUP INC NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (In U.S. Dollar thousands, except share and per share data)

| 5. | PREPAID EXPENSES AND OTHER CURRENT ASSETS, NET |

Prepayments and other current assets, net consisted of the following:

|                                                |     | 2024 |        As of 
 December 31, |   |     | 2025 |         As of 
 September 30, |   |
|:-----------------------------------------------|:----|:-----|-------------:|:--|:----|:-----|--------------:|:--|
| Advances to suppliers                          |     | $    |       65,753 |   |     | $    |        87,413 |   |
| Securities margin (1)                          |     |      |            - |   |     |      |         4,068 |   |
| Value-added tax (“VAT”) receivables            |     |      |        2,301 |   |     |      |         2,725 |   |
| Receivables from third parties (2)             |     |      |        1,000 |