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Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Consolidated Statements of Operations and Comprehensive Income [Abstract]      
Revenue (note 3) $ 259,751 $ 156,624 $ 107,524
Cost of revenue 144,895 87,025 56,870
Gross profit 114,856 69,599 50,654
Operating expenses:      
Sales and marketing 26,733 16,773 11,902
Research and development 34,207 19,119 12,900
General and administrative 15,214 12,215 8,061
Total operating expenses, net 76,154 48,107 32,863
Income from operations 38,702 21,492 17,791
Interest income 505 897 333
Interest expense (765) (982) (745)
Change in fair value of financial liability 0 (11,964) 0
Unrealized gain on trading securities 607 12,574 0
Other income (expenses), net (631) (3,377) 1,393
Equity income in net income of affiliates 4,637 655 168
Income before income taxes 43,055 19,295 18,940
Income tax benefit (expense) (note 21) (134) 2,382 518
Net income 42,921 21,677 19,458
Less: Net income attributable to non-controlling interests and redeemable non-controlling interests 5,164 2,897 564
Net income attributable to ACM Research, Inc. 37,757 18,780 18,894
Comprehensive income:      
Net income 42,921 21,677 19,458
Foreign currency translation adjustment 4,695 10,493 (899)
Comprehensive Income 47,616 32,170 18,559
Less: Comprehensive income attributable to non-controlling interests and redeemable non-controlling interests 5,607 6,858 483
Comprehensive income attributable to ACM Research, Inc. $ 42,009 $ 25,312 $ 18,076
Net income attributable to ACM Research, Inc. per common share (note 2):      
Basic (in dollars per share) $ 1.96 $ 1.03 $ 1.12
Diluted (in dollars per share) $ 1.73 $ 0.89 $ 0.99
Weighted average common shares outstanding used in computing per share amounts (note 2):      
Basic (in shares) 19,218,236 18,233,361 16,800,623
Diluted (in shares) 21,785,572 21,183,469 19,135,497