Accounts receivable, net of allowance for credit losses of $614 and $211, respectively
Related Party
Total accounts receivable, net of allowance for credit losses of $614 and $211, respectively
Accounts receivable - related parties (net of allowance for doubtful accounts of $nil and $nil as of December 31,2021 and 2022, respectively)
Inventories
Prepaid expenses and other current assets
Due from related parties
Related Party
Total due from related parties
Loan receivable, related party
Amounts due from related parties
Prepaid subscriptions
Current assets of discontinued operations
Total current assets
Non-current assets:
Restricted cash
Goodwill
Property, plant, and equipment, net
Intangible assets, net
Long-term investments
Deferred tax assets
Right-of-use assets, net
Deferred tax assets, net
Other non-current assets
Loan receivables - non-current
Non-current assets of discontinued operations
Total non-current assets
Total assets
LIABILITIES AND SHAREHOLDERS' EQUITY (DEFICIT)
Current liabilities:
Prepayments from customers, current portion (including prepayments from customers of the consolidated VIE without recourse to the Group of $16,570 and $11,962 as of December 31, 2016 and 2017, respectively)
Prepayments from customers - third parties, current portion (including prepayments from customers of the consolidated VIEs without recourse to the Group of $843 and $440 as of December 31, 2021 and 2022, respectively)
Accrued expenses and other current liabilities (including accrued expenses and other current liabilities of the consolidated VIEs without recourse to the Group of $42,703 and $41,790 as of December 31, 2020 and 2021, respectively)
Prepayments from customers - related parties, current portion (including prepayments from customers of the consolidated VIEs without recourse to the Group of $nil and $nil as of December 31, 2021 and 2022, respectively)
Accrued expenses and other current liabilities (including accrued expenses and other current liabilities of the consolidated VIEs without recourse to the Group of $1,637 and $1,215 as of December 31, 2021 and 2022, respectively)
Income tax payable (including income tax payable of the consolidated VIEs without recourse to the Group of $nil and $nil as of December 31, 2021 and 2022, respectively)
Deferred revenue, current portion (including deferred revenue of the consolidated VIE without recourse to the Group of $20,446 and $22,327 as of December 31, 2016 and 2017, respectively)
Accounts payable, current
Related Party
Nonrelated Party
Total accounts payable, current
Accrued expenses and other current liabilities
Loans payable, current
Nonrelated Party
Total loans payable, current
Amounts due to related parties (including amounts due to related parties of the consolidated VIEs without recourse to the Group of $124 and $nil as of December 31, 2019 and 2020, respectively)
Contract liabilities
Accrued warranties
Lease liabilities, current
Due to related parties
Related Party
Total due to related parties
Current liabilities of discontinued operations
Total current liabilities
Non-current liabilities:
Prepayments from customers, non-current portion (including prepayments from customers of the consolidated VIE without recourse to the Group of $5,908, and $8,542 as of December 31, 2016 and 2017, respectively)
Deferred revenue, non-current portion (including deferred revenue of the consolidated VIE without recourse to the Group of $6,742, and $8,505 as of December 31, 2016 and 2017, respectively)
Prepayments from customers, non-current portion (including prepayments from customers of the consolidated VIEs without recourse to the Group of $nil and $200 as of December 31, 2021 and 2022, respectively)
Loans payable, non-current
Related Party
Nonrelated Party
Total loans payable, non-current
Loans payable, related parties, non-current
Contract liabilities, non-current
Lease liabilities, non-current
Other non-current liabilities
Deferred tax liabilities
Disposal Group, Including Discontinued Operation, Liabilities, Noncurrent
Total non-current liabilities
Total liabilities
Redeemable non-controlling interests
Shareholders’ equity (deficit):
Ordinary shares par value of $0.001; 990,000,000 shares authorized. 465,868,720 shares issued and 462,192,400 shares outstanding as of December 31, 2025. 456,477,820 shares issued and 454,958,590 shares outstanding as of December 31, 2024. 10,000,000 shares, $0.001 par value, without designation; none authorized, issued and outstanding as of December 31, 2025 and 2024.
Treasury shares, at cost, 3,676,320 and 1,519,230 shares, respectively
