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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 92,203 $ 58,261
Restricted cash 0 59,598
Trading securities (note 11) 23,888 0
Accounts receivable, less allowance for doubtful accounts of $0 as of September 30, 2020 and December 31, 2019 (note 3) 59,796 31,091
Other receivables 6,177 2,603
Inventories (note 4) 64,182 44,796
Prepaid expenses 5,531 2,047
Total current assets 251,777 198,396
Property, plant and equipment, net (note 5) 5,974 3,619
Land use right, net (note 2) 9,284 0
Operating lease right-of-use assets, net (note 8) 4,568 3,887
Intangible assets, net 335 344
Deferred tax assets (note 17) 10,093 5,331
Long-term investments (note 10) 6,580 5,934
Other long-term assets 8,008 192
Total assets 296,619 217,703
Current liabilities:    
Short-term borrowings (note 6) 28,327 13,753
Accounts payable 35,639 13,262
Advances from customers 8,011 9,129
Income taxes payable 3,589 3,129
Other payables and accrued expenses (note 7) 18,494 12,874
Current portion of operating lease liability (note 8) 1,388 1,355
Deferred revenue 819 0
Total current liabilities 96,267 53,502
Long-term operating lease liability (note 8) 3,180 2,532
Other long-term liabilities (note 9) 6,454 4,186
Total liabilities 105,901 60,220
Commitments and contingencies (note 18)
Redeemable non-controlling interests (note 15) 0 60,162
Stockholders' equity:    
Additional paid in capital 100,145 83,487
Accumulated surplus 25,758 15,507
Accumulated other comprehensive income (loss) 1,037 (1,675)
Total ACM Research, Inc. stockholders' equity 126,942 97,321
Non-controlling interests 63,776 0
Total stockholders' equity 190,718 97,321
Total liabilities, redeemable non-controlling interests, and stockholders' equity 296,619 217,703
Class A Common Stock [Member]    
Stockholders' equity:    
Common stock 2 2
Class B Common Stock [Member]    
Stockholders' equity:    
Common stock $ 0 $ 0