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FY2025
12 months to Dec 31, 2025
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FY2024
12 months to Dec 31, 2024
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FY2023
12 months to Dec 31, 2023
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|---|---|---|---|
| Revenues | |||
| Goods | |||
| Service | |||
| Total revenues | |||
| Cost of revenues | |||
| Goods | |||
| Service | |||
| Total cost of revenues | |||
| Gross profit | |||
| Operating expenses: | |||
| Research and development expenses (including related parties amounts of US$63,011, US$107,669 and US$135,334 for the years ended December 31, 2025, 2024 and 2023, respectively) | |||
| Selling and marketing expenses (including related parties amounts of US$20,125, US$52,636 and US$40,531 for the years ended December 31, 2025, 2024 and 2023, respectively) | |||
| General and administrative expenses (including related parties amounts of US$4,227, US$10,873 and US$13,085 for the years ended December 31, 2025, 2024 and 2023, respectively) | |||
| Other operating income | |||
| Impairment of long-lived assets | |||
| Total operating expenses | |||
| Operating loss | |||
| Interest expenses (including related parties amounts of US$39,109, US$19,504 and nil for the years ended December 31, 2025, 2024 and 2023, respectively) | |||
| Interest income (including related parties amounts of US$20,725, US$13,661 and US$122 for the years ended December 31, 2025, 2024 and 2023, respectively) | |||
| Investment income (loss), net | |||
| Foreign currency exchange gains (losses), net | |||
| Changes in fair values of liabilities, excluding impact of instrument-specific credit risk | |||
| Changes in fair values of put option liabilities | |||
| Loss before income taxes | |||
| Loss before income taxes and share of results of equity method investments | |||
| Income tax expense | |||
| Share of results of equity method investments | |||
| Net loss | |||
| Less: Net loss attributable to noncontrolling interests | |||
| Net loss attributable to ordinary shareholders | |||
| Accretion of redeemable convertible preferred shares | |||
| Net loss available to ordinary shareholders | |||
| Loss per ordinary share - Basic | |||
| Loss per ordinary share - Diluted | |||
| Weighted average number of ordinary shares outstanding used in computing net loss per ordinary share - Basic | |||
| Weighted average number of ordinary shares outstanding used in computing net loss per ordinary share - Diluted | |||
| Other comprehensive (loss) income: | |||
| Fair value changes of liabilities due to instrument-specific credit risk, net of nil income taxes | |||
| Foreign currency translation adjustment, net of nil income taxes | |||
| Total other comprehensive (loss) income | |||
| Total comprehensive loss | |||
| Less: Total comprehensive loss attributable to noncontrolling interests | |||
| Total comprehensive loss attributable to ordinary shareholders |
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