Company: SDAWW
Filing Date: 2025-12-22
Form Type: 6-K
Source: 0001213900-25-124170
Chunk: 17

Company: SunCar Technology Group Inc.
Filing Date: 2025-12-22
Form: 6-K
Chunk 17
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 | ACCRUED EXPENSES AND OTHER LIABILITIES |

Accrued expenses and other liabilities consisted of the following:

|                                                             |     | 2024 |        As of 
 December 31, |     | 2025 |         As of 
 September 30, |
|:------------------------------------------------------------|:----|:-----|-------------:|:----|:-----|--------------:|
| Contingent liabilities of GEM dispute (i)                   |     | $    |            - |     | $    |         2,811 |
| Project deposits                                            |     |      |        3,904 |     |      |         1,831 |
| Payroll payable                                             |     |      |          717 |     |      |           769 |
| Value added taxes and other taxes payable                   |     |      |          370 |     |      |           708 |
| Subscription amount received for unvested restricted shares |     |      |          288 |     |      |             - |
| Other accrued expenses                                      |     |      |          513 |     |      |         1,490 |
| Total accrued expenses and other liabilities                |     | $    |        5,792 |     | $    |         7,609 |

| (i) | In                                                                                                                                                                  
 an arbitration proceeding held in New York involving GEM Global Yield LLC SCS and GEM Yield Bahamas Limited (collectively, “GEM”),                                  
 which sought monetary damages against Auto Services Group Limited (“ASGL”) concerning an alleged breach of contractual obligations, the arbitration tribunal issued 
 an award at the end of April 2025 (the “Award”). The Award requires ASGL to pay GEM $2.8 million plus simple interest at                                            
 9% per annum. GEM filed an application to convert the Award to a money judgment on May 9, 2025, which is currently pending enforcement.                             
 As of September 30, 2025 and the issuance date of the consolidated financial statements, this amount remains outstanding.                                           |

| 9. | LEASES |

The Group has entered into operating lease agreements
for certain offices, which are located in PRC. The Group determines if an arrangement is a lease, or contains a lease, at inception and
record the leases in the consolidated financial statements upon lease commencement, which is the date when the lessor makes the underlying
asset available for use by the lessee.

The balances