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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, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows from Operating activities:      
Net loss $ (257,103) $ (334,620) $ (443,286)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:      
Amortization of deferred income (3,520) (3,383) (2,602)
Share-based compensation 70,651 79,634 61,302
Loss from fair value changes of equity investment of readily determinable fair value 6,105 (2,789) 8,952
Changes in operating assets and liabilities:      
Prepayments and other current assets (18,729) 12,246 (19,258)
Other current liabilities (22,022) 19,810 7,392
Net cash used in operating activities (214,869) (198,178) (367,642)
Cash flows from investing activities      
Purchases of short-term investments (330,000) (134,000) (260,274)
Proceeds from maturity of short-term investments 16,300 117,700 705,274
Net cash (used in) provided by investing activities (375,193) (10,776) 420,016
Cash flows from financing activities      
Proceeds from exercises of stock options 3,200 2,369 5,870
Proceeds from issuance of ordinary shares upon public offerings 217,350 0 0
Payment of public offering costs (1,283) 0 0
Employee taxes paid related to settlement of equity awards 0 (8,802) (7,600)
Net cash provided by (used in) financing activities 349,889 (6,433) (1,730)
Effect of foreign exchange rate changes on cash and cash equivalent (310) (2,622) (6,274)
Net (decrease) increase in cash, cash equivalents and restricted cash (240,483) (218,009) 44,370
Cash, cash equivalents and restricted cash — beginning of the year 791,264 1,009,273 964,903
Cash, cash equivalents and restricted cash — end of the year 550,781 791,264 1,009,273
Parent Company      
Cash flows from Operating activities:      
Net loss (257,103) (334,620) (443,286)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:      
Amortization of deferred income 0 0 (234)
Share-based compensation 4,759 3,217 3,724
Equity in loss of subsidiaries 259,558 352,449 427,514
Loss from fair value changes of equity investment of readily determinable fair value 6,105 (2,789) 8,952
Changes in operating assets and liabilities:      
Prepayments and other current assets 2,266 2,780 (7,839)
Other current liabilities (248) (379) 1,648
Net cash used in operating activities 15,337 20,658 (9,521)
Cash flows from investing activities      
Purchases of short-term investments (330,000) 0 (260,274)
Proceeds from maturity of short-term investments 0 0 705,274
Investment in subsidiaries (271,830) (392,893) (80,942)
Net cash (used in) provided by investing activities (601,830) (392,893) 364,058
Cash flows from financing activities      
Proceeds from exercises of stock options 3,200 2,369 5,870
Proceeds from issuance of ordinary shares upon public offerings 217,350 0 0
Payment of public offering costs (1,283) 0 0
Employee taxes paid related to settlement of equity awards 0 (8,802) (7,600)
Net cash provided by (used in) financing activities 219,267 (6,433) (1,730)
Effect of foreign exchange rate changes on cash and cash equivalent 0 0 0
Net (decrease) increase in cash, cash equivalents and restricted cash (367,226) (378,668) 352,807
Cash, cash equivalents and restricted cash — beginning of the year 565,981 944,649 591,842
Cash, cash equivalents and restricted cash — end of the year $ 198,755 $ 565,981 $ 944,649