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Schedule I — Condensed Financial Information of Registrant - Condensed Statements of Cash Flows (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash flows from Operating activities:      
Net loss $ (334,620) $ (443,286) $ (704,471)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:      
Amortization of deferred income (3,383) (2,602) (521)
Share-based compensation 79,634 61,302 40,714
Loss from fair value changes of equity investment of readily determinable fair value (2,789) 8,952 14,617
Changes in operating assets and liabilities:      
Prepayments and other current assets 12,246 (19,258) (7,086)
Other current liabilities 19,810 7,392 30,142
Net cash provided by (used in) operating activities (198,178) (367,642) (549,231)
Cash flows from investing activities      
Purchase of short-term investments (134,000) (260,274) (445,000)
Proceeds from maturity of short-term investments 117,700 705,274 743,902
Purchase of investment in equity investee 0 0 (30,000)
Net cash (used in) provided by investing activities (10,776) 420,016 249,957
Cash flows from financing activities      
Proceeds from exercises of stock options 2,369 5,870 7,417
Proceeds from issuance of ordinary shares upon public offerings 0 0 818,875
Payment of public offering costs 0 0 (1,837)
Taxes paid related to settlement of equity awards (8,802) (7,600) (4,253)
Net cash (used in) provided by financing activities (6,433) (1,730) 820,202
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash (2,622) (6,274) 1,116
Net (decrease) increase in cash, cash equivalents and restricted cash (218,009) 44,370 522,044
Cash, cash equivalents and restricted cash — beginning of the year 1,009,273 964,903 442,859
Cash, cash equivalents and restricted cash — end of the year 791,264 1,009,273 964,903
Parent Company      
Cash flows from Operating activities:      
Net loss (334,620) (443,286) (704,471)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:      
Amortization of deferred income 0 (234) (312)
Share-based compensation 3,217 3,724 3,435
Equity in loss of subsidiaries 352,449 427,514 676,099
Loss from fair value changes of equity investment of readily determinable fair value (2,789) 8,952 14,617
Changes in operating assets and liabilities:      
Prepayments and other current assets 2,780 (7,839) (439)
Other current liabilities (379) 1,648 (376)
Net cash provided by (used in) operating activities 20,658 (9,521) (11,447)
Cash flows from investing activities      
Purchase of short-term investments 0 (260,274) (445,000)
Proceeds from maturity of short-term investments 0 705,274 743,902
Purchase of investment in equity investee 0 0 (30,000)
Investment in subsidiaries (392,893) (80,942) (884,342)
Net cash (used in) provided by investing activities (392,893) 364,058 (615,440)
Cash flows from financing activities      
Proceeds from exercises of stock options 2,369 5,870 7,418
Proceeds from issuance of ordinary shares upon public offerings 0 0 818,875
Payment of public offering costs 0 0 (1,692)
Taxes paid related to settlement of equity awards (8,802) (7,600) (4,253)
Net cash (used in) provided by financing activities (6,433) (1,730) 820,348
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash 0 0 773
Net (decrease) increase in cash, cash equivalents and restricted cash (378,668) 352,807 194,234
Cash, cash equivalents and restricted cash — beginning of the year 944,649 591,842 397,608
Cash, cash equivalents and restricted cash — end of the year $ 565,981 $ 944,649 $ 591,842