Exhibit 99.2

TROOPS, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEETS

AS OF JUNE 30, 2024, AND DECEMBER 31, 2023

(In thousands of U.S. dollars except share and per share data)

	As of
	June 30, 2024			December 31, 2023
		(Unaudited)
ASSETS
CURRENT ASSETS
Cash	$	1,504		$	3,113
Accounts receivable, net		648			2
Loans receivable, net of provision for loan losses of $1,537 and $1,532, respectively		10,460			7,195
Interest receivable		97			41
Other receivables, prepayments and deposits, net of provision for credit losses of $8 and $8, respectively		539			319
Other receivables - related parties		121			—
Total current assets		13,369			10,670
NON-CURRENT ASSETS
Plant and equipment, net		45,784			46,773
Operating lease right-of-use assets, net		37			4
Intangible assets, net		1,449			29
Long-term loans receivable, net of $486 and $491 provision for loan losses		10,604			12,484
Goodwill		12,348			385
Total non-current assets		70,222			59,675
Total assets	$	83,591		$	70,345
LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES
Amount due to a s shareholder	$	2,308		$	1,923
Accounts payable		1,201			39
Other payables and accrued liabilities		1,745			2,239
Operating lease liability, current		22			4
Customer deposits		30			5
Taxes payable		501			513
Total current liabilities		5,807			4,723
LONG-TERM LIABILITIES
Operating lease liability, non-current		15			—
Convertible notes - non-current		13,400			—
Non-current deferred tax liabilities		5,150			5,043
Total non-current liabilities		18,565			5,043
Total liabilities		24,372			9,766
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS’ EQUITY
Preferred stock, $0.001 par value, 1,000,000 shares authorized, nil and nil issued and outstanding as of June 30, 2024 and December 31, 2023, respectively		—			—
Ordinary shares, $0.004 par value, 500,000,000 shares authorized, 101,597,998 and 101,597,998 issued and outstanding as of June 30, 2024 and December 31, 2023, respectively		406			406
Additional paid-in-capital		135,768			135,768
Retained earnings (deficit)		(76,954	)		(75,598	)
Accumulated other comprehensive income (loss)		(1	)		3
Total TROOPS, Inc. shareholders’ equity		59,219			60,579
Total liabilities and shareholders’ equity	$	83,591		$	70,345

TROOPS, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS

FOR THE SIX MONTHS ENDED JUNE 30, 2024 AND 2023

(In thousands of U.S. dollars except share and per share data)

	2024			2023
	(Unaudited)			(Unaudited)
REVENUES	$	2,609		$	1,834
COST OF REVENUES		1,911			1,424
GROSS PROFIT		698			410
OPERATING EXPENSES:
General and administrative expenses		2,183			1,469
Total operating expenses		2,183			1,469
OPERATING LOSS		(1,485	)		(1,059	)
OTHER (EXPENSES) INCOME:
Interest income		5			7
Interest expense		—			(32	)
Other income (expense), net		(2	)		(3	)
Total other income (expense), net		3			(28	)
LOSS BEFORE PROVISION FOR INCOME TAXES		(1,482	)		(1,087	)
INCOME TAX BENEFIT		126			49
NET LOSS	$	(1,356	)	$	(1,038	)
OTHER COMPREHENSIVE LOSS:
Foreign currency translation adjustment		(4	)		(2	)
COMPREHENSIVE LOSS	$	(1,360	)	$	(1,040	)
LOSS PER SHARE:
Basic	$	(0.01	)	$	(0.01	)
Diluted	$	(0.01	)	$	(0.01	)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES:
Basic		101,597,998			101,597,998
Diluted		101,597,998			101,597,998