XML 40 R26.htm IDEA: XBRL DOCUMENT v3.22.0.1
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2021
Accounting Policies [Abstract]  
Useful Lives of Property, Plant and Equipment Depreciation is calculated using the straight-line method over the estimated useful lives of the respective assets as follows:
Estimated Useful Life
Computers3 years
Capitalized internal-use software3 years
Office equipment, furniture and fixtures5 years
Motor vehicles5 years
Leasehold improvements
Lesser of lease term or 5 years
The following table summarizes property and equipment, net as of December 31, 2021 and 2020 (in thousands):
December 31,
20212020
Computers$13,041 $9,249 
Capitalized internal-use software14,178 10,041 
Office equipment3,375 2,770 
Furniture and fixtures8,395 9,472 
Motor vehicles1,421 2,423 
Leasehold improvements4,274 4,274 
Construction in progress— 322 
Total property and equipment44,684 38,551 
Less: accumulated depreciation and amortization(23,206)(17,767)
Property and equipment, net$21,478 $20,784 
Schedule of Unrealized Gains or Losses Within Accumulated Other Comprehensive Income (Loss)
The following tables shows the change in unrealized gains or losses within accumulated other comprehensive (loss) income:
December 31,
202120202019
Beginning balance$411 $139 $1,141 
Add: Unrealized (losses) gains on available-for-sale debt securities
(1,152)405 — 
Less: Adjustment for the adoption of ASU 2016-01
— — (981)
Less: Reclassification of unrealized gains to interest and other income, net, in the consolidated statements of operations(6)(133)(21)
Net impact to other comprehensive (loss) income in current period
(1,158)272 (1,002)
Ending balance$(747)$411 $139