2022 Q4 Form 20-F Financial Statement

#000110465923052057 Filed on April 28, 2023

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q1 2022
Revenue $595.6M $737.1M $411.5M
YoY Change -28.77% -12.97% -88.52%
Cost Of Revenue $141.0M $127.6M $80.75M
YoY Change -8.48% 2.35% -85.51%
Gross Profit $454.7M $609.5M $330.8M
YoY Change -33.34% -15.61% -89.08%
Gross Profit Margin 76.34% 82.69% 80.38%
Selling, General & Admin $662.3M $687.1M $2.825B
YoY Change -9.99% -0.21% -7.99%
% of Gross Profit 145.66% 112.72% 854.02%
Research & Development $15.60M $27.06M $13.14M
YoY Change -33.93% 31.19% -86.0%
% of Gross Profit 3.43% 4.44% 3.97%
Depreciation & Amortization $421.3M
YoY Change 6.16%
% of Gross Profit 127.39%
Operating Expenses $688.5M $708.8M $13.14M
YoY Change -8.39% 1.49% -99.58%
Operating Profit -$233.8M -$99.32M -$90.07M
YoY Change 236.84% -516.61% -17.36%
Interest Expense $13.90M $2.905M $24.90M
YoY Change 1399.46% -161.43% -261.42%
% of Operating Profit
Other Income/Expense, Net $0.00 $0.00 -$60.00K
YoY Change -100.0% -100.0% -68.42%
Pretax Income -$220.1M -$96.41M -$610.0M
YoY Change 221.41% -609.87% 389.49%
Income Tax $114.5M $0.00 $16.60M
% Of Pretax Income
Net Earnings -$334.5M -$96.41M -$711.2M
YoY Change 388.46% -738.65% 470.75%
Net Earnings / Revenue -56.16% -13.08% -172.84%
Basic Earnings Per Share -$1.37
Diluted Earnings Per Share -$0.65 -$186.3K -$0.20
COMMON SHARES
Basic Shares Outstanding 518.3M
Diluted Shares Outstanding 518.3M

Balance Sheet

Concept 2022 Q4 2022 Q1 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.040B $2.738B $3.040B
YoY Change 11.94% 24.26% 11.94%
Cash & Equivalents $948.8M $957.1M $948.8M
Short-Term Investments $2.091B $1.780B $2.091B
Other Short-Term Assets $243.3M $401.0M $232.8M
YoY Change -52.03% 28.29% -45.82%
Inventory $152.0K $3.223M $1.100M
Prepaid Expenses $9.577M
Receivables $2.390M $16.77M $16.50M
Other Receivables $0.00 $0.00 $10.40M
Total Short-Term Assets $478.6M $3.159B $3.301B
YoY Change -85.26% 24.47% 1.63%
LONG-TERM ASSETS
Property, Plant & Equipment $886.5M $907.6M $898.9M
YoY Change -6.22% -2.14% -4.9%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $35.90M $177.6M $88.00M
YoY Change -82.49% 98.59% -57.08%
Total Long-Term Assets $143.1M $1.085B $986.8M
YoY Change -87.56% 6.72% -14.21%
TOTAL ASSETS
Total Short-Term Assets $478.6M $3.159B $3.301B
Total Long-Term Assets $143.1M $1.085B $986.8M
Total Assets $621.6M $4.244B $4.288B
YoY Change -85.87% 19.39% -2.51%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $810.2M $533.9M $802.5M
YoY Change 48.08% 35.36% 46.67%
Accrued Expenses $389.0M $360.9M $121.0M
YoY Change 222.97% 19.07% 0.46%
Deferred Revenue $229.4M
YoY Change 8.22%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $76.30M $89.57M $76.30M
YoY Change -29.0% -11.19% -29.0%
Total Short-Term Liabilities $206.3M $992.8M $1.423B
YoY Change -79.94% 23.57% 38.37%
LONG-TERM LIABILITIES
Long-Term Debt $33.30M $74.05M $33.30M
YoY Change -61.57% -60.33% -61.57%
Other Long-Term Liabilities $27.45M $19.22M $190.2M
YoY Change 66.47% 1053.5%
Total Long-Term Liabilities $32.40M $93.27M $223.5M
YoY Change -68.59% -50.03% 116.68%
TOTAL LIABILITIES
Total Short-Term Liabilities $206.3M $992.8M $1.423B
Total Long-Term Liabilities $32.40M $93.27M $223.5M
Total Liabilities $238.7M $1.120B $1.646B
YoY Change -79.53% -90.59% 41.2%
SHAREHOLDERS EQUITY
Retained Earnings -$1.351B $0.00
YoY Change -84.3%
Common Stock $1.709B
YoY Change -85.52%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $383.0M $3.123B $2.641B
YoY Change
Total Liabilities & Shareholders Equity $621.6M $4.244B $4.288B
YoY Change -85.87% 19.39% -2.51%

Cashflow Statement

Concept 2022 Q4 2022 Q1 2022
OPERATING ACTIVITIES
Net Income -$334.5M -$96.41M -$711.2M
YoY Change 388.46% -738.65% 470.75%
Depreciation, Depletion And Amortization $421.3M
YoY Change 6.16%
Cash From Operating Activities $102.7M
YoY Change -54.73%
INVESTING ACTIVITIES
Capital Expenditures $442.9M
YoY Change -193.76%
Acquisitions
YoY Change
Other Investing Activities -$581.1M
YoY Change -53.21%
Cash From Investing Activities -$148.5M
YoY Change -91.34%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -11.37M
YoY Change -100.73%
NET CHANGE
Cash From Operating Activities 102.7M
Cash From Investing Activities -148.5M
Cash From Financing Activities -11.37M
Net Change In Cash -51.07M
YoY Change -167.29%
FREE CASH FLOW
Cash From Operating Activities $102.7M
Capital Expenditures $442.9M
Free Cash Flow -$340.2M
YoY Change -148.66%

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5932000
CY2022 em Repayments Of Treasure Stock
RepaymentsOfTreasureStock
19738000
CY2022 em Repayments Of Treasure Stock
RepaymentsOfTreasureStock
2862000
CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
4000
CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1000
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
654571000
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1563397000
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2020 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-6234000
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-42794000
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
42095000
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
6103000
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
922968000
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
33094000
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-352214000
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-51066000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
380533000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1303501000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1336595000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
193788000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1303501000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1336595000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
984381000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
142722000
CY2020 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
5728000
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
5383000
CY2020 em Cash Paid For Interest To Third Parties
CashPaidForInterestToThirdParties
24238000
CY2021 em Cash Paid For Interest To Third Parties
CashPaidForInterestToThirdParties
20646000
CY2022 em Cash Paid For Interest To Third Parties
CashPaidForInterestToThirdParties
9260000
CY2022 em Cash Paid For Interest To Third Parties
CashPaidForInterestToThirdParties
1343000
CY2020 em Cash Paid For Interest To Related Party
CashPaidForInterestToRelatedParty
1032000
CY2020 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
3206324000
CY2021 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
4729719000
CY2021 em Noncash Conversion Of Convertible Redeemable Preferred Shares To Ordinary Shares
NoncashConversionOfConvertibleRedeemablePreferredSharesToOrdinaryShares
10880708000
CY2020 em Noncash Changes In Property Equipment And Software In Accounts And Notes Payable
NoncashChangesInPropertyEquipmentAndSoftwareInAccountsAndNotesPayable
-18875000
CY2021 em Noncash Changes In Property Equipment And Software In Accounts And Notes Payable
NoncashChangesInPropertyEquipmentAndSoftwareInAccountsAndNotesPayable
-33473000
CY2022 em Noncash Changes In Property Equipment And Software In Accounts And Notes Payable
NoncashChangesInPropertyEquipmentAndSoftwareInAccountsAndNotesPayable
43788000
CY2022 em Noncash Changes In Property Equipment And Software In Accounts And Notes Payable
NoncashChangesInPropertyEquipmentAndSoftwareInAccountsAndNotesPayable
6349000
CY2020 em Noncash Changes In Property Equipment And Software In Other Noncurrent Assets
NoncashChangesInPropertyEquipmentAndSoftwareInOtherNoncurrentAssets
9032000
CY2021 em Noncash Changes In Property Equipment And Software In Other Noncurrent Assets
NoncashChangesInPropertyEquipmentAndSoftwareInOtherNoncurrentAssets
14727000
CY2022 em Noncash Changes In Property Equipment And Software In Other Noncurrent Assets
NoncashChangesInPropertyEquipmentAndSoftwareInOtherNoncurrentAssets
4882000
CY2022 em Noncash Changes In Property Equipment And Software In Other Noncurrent Assets
NoncashChangesInPropertyEquipmentAndSoftwareInOtherNoncurrentAssets
708000
CY2020 em Noncash Changes In Property Equipment And Software In Amounts Due To Related Party
NoncashChangesInPropertyEquipmentAndSoftwareInAmountsDueToRelatedParty
-115341000
CY2021 em Noncash Changes In Property Equipment And Software In Amounts Due To Related Party
NoncashChangesInPropertyEquipmentAndSoftwareInAmountsDueToRelatedParty
54649000
CY2022 em Noncash Changes In Property Equipment And Software In Amounts Due To Related Party
NoncashChangesInPropertyEquipmentAndSoftwareInAmountsDueToRelatedParty
-23290000
CY2022 em Noncash Changes In Property Equipment And Software In Amounts Due To Related Party
NoncashChangesInPropertyEquipmentAndSoftwareInAmountsDueToRelatedParty
-3377000
CY2020 em Noncash Changes In Property Equipment And Software In Long Term Prepayment To Related Party
NoncashChangesInPropertyEquipmentAndSoftwareInLongTermPrepaymentToRelatedParty
65817000
CY2021 em Noncash Changes In Property Equipment And Software In Long Term Prepayment To Related Party
NoncashChangesInPropertyEquipmentAndSoftwareInLongTermPrepaymentToRelatedParty
-3554000
CY2022 em Noncash Changes In Property Equipment And Software In Long Term Prepayment To Related Party
NoncashChangesInPropertyEquipmentAndSoftwareInLongTermPrepaymentToRelatedParty
19965000
CY2022 em Noncash Changes In Property Equipment And Software In Long Term Prepayment To Related Party
NoncashChangesInPropertyEquipmentAndSoftwareInLongTermPrepaymentToRelatedParty
2895000
CY2021 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
3445000
CY2022 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
1758000
CY2020 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
32097000
CY2021 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
37806000
CY2022 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
31196000
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-weight:bold;text-indent:18pt;margin:0pt 0pt 12pt 18pt;"><span style="font-style:italic;">(c)    Use of estimates</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">The preparation of consolidated financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, measurement and disclosure of contingent assets and liabilities at the dates of the consolidated financial statements and the reported amount of expenses during the reporting periods. Actual results could differ from those estimates. On an ongoing basis, the Group’s management reviews these estimates based on information that is currently available. Changes in facts and circumstances may cause the Group to revise its estimates. Significant accounting estimates reflected in the Group’s consolidated financial statements include, allowance for doubtful accounts, useful lives of property, equipment and software, impairment of long-lived assets, inventory write-downs, impairment of prepayments to location partners, internal rate of return associated with the finance lease, valuation and recognition of share-based compensation arrangements, convertible redeemable preferred shares and warrant liabilities, capitalized software development cost, valuation allowance of deferred tax assets.</p>
CY2022Q4 us-gaap Foreign Currency Exchange Rate Translation1
ForeignCurrencyExchangeRateTranslation1
6.8972
CY2020 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
45489000
CY2021 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
115569000
CY2020 us-gaap Dividends
Dividends
0
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1296924000
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
948773000
CY2021Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
19671000
CY2022Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
14608000
CY2021Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
20000000
CY2022Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
21000000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1336595000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
984381000
CY2022 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
69738000
CY2022Q4 em Derecognition Of Financing Payables
DerecognitionOfFinancingPayables
-24496000
CY2020 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
5302000
CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
3206000
CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
3435000
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
5025000
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
3268000
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
5986000
CY2020 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
5302000
CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
3206000
CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
3435000
CY2020 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
7059000
CY2021 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
488000
CY2022 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
4335000
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
3268000
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
5986000
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
5086000
CY2020 us-gaap Inventory Write Down
InventoryWriteDown
0
CY2021 us-gaap Inventory Write Down
InventoryWriteDown
0
CY2022 us-gaap Inventory Write Down
InventoryWriteDown
9273000
CY2020Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
244151000
CY2021Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
169833000
CY2020 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
115387000
CY2022 us-gaap Property Plant And Equipment Estimated Useful Lives
PropertyPlantAndEquipmentEstimatedUsefulLives
three
CY2020 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
0
CY2021 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
7922000
CY2022 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
5677000
CY2020 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
0
CY2021 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
1280000
CY2022 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
3679000
CY2021Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
6642000
CY2022Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
8640000
CY2020 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2021 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2022 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
21560000
CY2020Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.23
CY2021Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.24
CY2022Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.21
CY2019Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
142156000
CY2020Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
244151000
CY2021Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
169833000
CY2022Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
108553000
CY2021Q4 em Cumulative Upfront Fees
CumulativeUpfrontFees
158176000
CY2022Q4 em Cumulative Upfront Fees
CumulativeUpfrontFees
433404000
CY2021 em Cumulative Upfront Fees Amortized
CumulativeUpfrontFeesAmortized
14586000
CY2022 em Cumulative Upfront Fees Amortized
CumulativeUpfrontFeesAmortized
73554000
CY2022Q4 em Derecognition Of Related Equipment On Business Winding Ups
DerecognitionOfRelatedEquipmentOnBusinessWindingUps
2785000
CY2022Q4 em Derecognition Of Outstanding Upfront Fee Payable
DerecognitionOfOutstandingUpfrontFeePayable
6917000
CY2022 em Net Gains Recognized On Business Winding Ups
NetGainsRecognizedOnBusinessWindingUps
4132000
CY2021Q4 us-gaap Capitalized Contract Cost Amortization Period
CapitalizedContractCostAmortizationPeriod
P1Y
CY2022Q4 us-gaap Capitalized Contract Cost Amortization Period
CapitalizedContractCostAmortizationPeriod
P6Y
CY2020 em Capitalized Contract Cost Weighted Average Term
CapitalizedContractCostWeightedAverageTerm
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CY2021 em Capitalized Contract Cost Weighted Average Term
CapitalizedContractCostWeightedAverageTerm
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CY2022 em Capitalized Contract Cost Weighted Average Term
CapitalizedContractCostWeightedAverageTerm
P2Y3M18D
CY2020Q4 us-gaap Capitalized Contract Cost Accumulated Amortization
CapitalizedContractCostAccumulatedAmortization
1576565000
CY2021Q4 us-gaap Capitalized Contract Cost Accumulated Amortization
CapitalizedContractCostAccumulatedAmortization
2112774000
CY2022Q4 us-gaap Capitalized Contract Cost Accumulated Amortization
CapitalizedContractCostAccumulatedAmortization
2069102000
CY2020 us-gaap Advertising Expense
AdvertisingExpense
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CY2021 us-gaap Advertising Expense
AdvertisingExpense
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CY2022 us-gaap Advertising Expense
AdvertisingExpense
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CY2022Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
25807000
CY2020 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
53266000
CY2021 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
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CY2022 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
151499000
CY2021Q4 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
31384000
CY2022Q4 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
58478000
CY2020 em Government Grants
GovernmentGrants
24790000
CY2021 em Government Grants
GovernmentGrants
29956000
CY2022 em Government Grants
GovernmentGrants
17636000
CY2022Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
31132000
CY2022Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
22132000
CY2022Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
0
CY2022Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
209078000
CY2022Q4 em Threshold To Measure Uncertain Tax Position Percent
ThresholdToMeasureUncertainTaxPositionPercent
0.50
CY2022Q4 em Threshold Reserve Fund Percent Of After Tax Profits
ThresholdReserveFundPercentOfAfterTaxProfits
0.10
CY2022Q4 em Threshold Percentage Of Registered Capital Negating Reserve Appropriation
ThresholdPercentageOfRegisteredCapitalNegatingReserveAppropriation
0.50
CY2022Q4 em Threshold Reserve Fund Percent Of After Tax Profits
ThresholdReserveFundPercentOfAfterTaxProfits
0.10
CY2022Q4 em Threshold Percentage Of Registered Capital Negating Reserve Appropriation
ThresholdPercentageOfRegisteredCapitalNegatingReserveAppropriation
0.50
CY2020 em Amount Appropriated To Statutory Surplus Fund
AmountAppropriatedToStatutorySurplusFund
4678000
CY2021 em Amount Appropriated To Statutory Surplus Fund
AmountAppropriatedToStatutorySurplusFund
0
CY2022 em Amount Appropriated To Statutory Surplus Fund
AmountAppropriatedToStatutorySurplusFund
0
CY2021 us-gaap Dividends
Dividends
0
CY2022 us-gaap Dividends
Dividends
0
CY2021Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
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CY2021Q3 em Share Repurchase Program Duration
ShareRepurchaseProgramDuration
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CY2022Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
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CY2022 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1
CY2021Q2 us-gaap Preferred Stock Convertible Conversion Ratio
PreferredStockConvertibleConversionRatio
1
CY2021Q4 em Prepayment To Location Partners
PrepaymentToLocationPartners
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CY2022Q4 em Prepayment To Location Partners
PrepaymentToLocationPartners
74301000
CY2021Q4 us-gaap Value Added Tax Receivable Current
ValueAddedTaxReceivableCurrent
77527000
CY2022Q4 us-gaap Value Added Tax Receivable Current
ValueAddedTaxReceivableCurrent
10450000
CY2021Q4 em Prepayment To Service Providers
PrepaymentToServiceProviders
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CY2022Q4 em Prepayment To Service Providers
PrepaymentToServiceProviders
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CY2021Q4 us-gaap Deposits Assets Current
DepositsAssetsCurrent
14553000
CY2022Q4 us-gaap Deposits Assets Current
DepositsAssetsCurrent
14400000
CY2021Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
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CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
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CY2021Q4 em Advance Payment Of Income Tax
AdvancePaymentOfIncomeTax
5383000
CY2021Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
10131000
CY2022Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
3602000
CY2021Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
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CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
228672000
CY2021 em Impairments For Prepaid Commissions To Location Partners
ImpairmentsForPrepaidCommissionsToLocationPartners
0
CY2022 em Impairments For Prepaid Commissions To Location Partners
ImpairmentsForPrepaidCommissionsToLocationPartners
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CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1872419000
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2198443000
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
927193000
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1291203000
CY2022Q4 em Finance Lease Right Of Use Asset Accumulated Impairment
FinanceLeaseRightOfUseAssetAccumulatedImpairment
20780000
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
945226000
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
886460000
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
343381000
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
396906000
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
421345000
CY2020 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0
CY2021 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0
CY2022 us-gaap Asset Impairment Charges
AssetImpairmentCharges
21560000
CY2021Q4 em Prepaid Entry Fees To Location Partners Non Current
PrepaidEntryFeesToLocationPartnersNonCurrent
133887000
CY2022Q4 em Prepaid Entry Fees To Location Partners Non Current
PrepaidEntryFeesToLocationPartnersNonCurrent
11649000
CY2021Q4 em Prepayment For Purchase Of Property Equipment And Software
PrepaymentForPurchaseOfPropertyEquipmentAndSoftware
19920000
CY2022Q4 em Prepayment For Purchase Of Property Equipment And Software
PrepaymentForPurchaseOfPropertyEquipmentAndSoftware
15038000
CY2021Q4 us-gaap Deposits Assets Noncurrent
DepositsAssetsNoncurrent
8467000
CY2022Q4 us-gaap Deposits Assets Noncurrent
DepositsAssetsNoncurrent
7790000
CY2021Q4 em Prepayments To Location Partners Non Current
PrepaymentsToLocationPartnersNonCurrent
2712000
CY2022Q4 em Prepayments To Location Partners Non Current
PrepaymentsToLocationPartnersNonCurrent
1421000
CY2021Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
164986000
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
35898000
CY2021 em Impairment Of Non Current Prepaid Commissions To Location Partners
ImpairmentOfNonCurrentPrepaidCommissionsToLocationPartners
0
CY2022 em Impairment Of Non Current Prepaid Commissions To Location Partners
ImpairmentOfNonCurrentPrepaidCommissionsToLocationPartners
87069000
CY2022 us-gaap Lease Cost
LeaseCost
34243000
CY2022 us-gaap Short Term Lease Cost
ShortTermLeaseCost
4143000
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
22850000
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
10034000
CY2021Q4 em Entry Fees Payable To Location Partners
EntryFeesPayableToLocationPartners
62135000
CY2022Q4 em Entry Fees Payable To Location Partners
EntryFeesPayableToLocationPartners
46359000
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
12442000
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
9761000
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
854000
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.047
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
10452000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
323000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
10775000
CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
160000
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
10615000
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
23457000
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
5349000
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
173000
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
28979000
CY2020 us-gaap Operating Lease Expense
OperatingLeaseExpense
34682000
CY2021 us-gaap Operating Lease Expense
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