Unaudited Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2025	Dec. 31, 2024
Current assets
Cash and cash equivalents	$ 732,159	$ 449,667
Restricted cash, current	100,111	100,000
Short-term investments	0	330,000
Accounts receivable (net of allowance for credit losses of $26 and $25 as of June 30, 2025 and December 31, 2024, respectively)	88,499	85,178
Notes receivable	10,843	4,233
Inventories, net	61,700	39,875
Prepayments and other current assets	40,750	41,527
Total current assets	1,034,062	1,050,480
Restricted cash, non-current	1,114	1,114
Property and equipment, net	50,160	47,961
Operating lease right-of-use assets	16,787	21,496
Land use rights, net	2,860	2,907
Intangible assets, net	56,519	56,027
Other non-current assets	2,599	5,768
Total assets	1,164,101	1,185,753
Current liabilities
Accounts payable	107,357	100,906
Current operating lease liabilities	5,584	8,048
Short-term debt	174,509	131,711
Other current liabilities	44,051	58,720
Total current liabilities	331,501	299,385
Deferred income	29,233	31,433
Non-current operating lease liabilities	11,307	13,712
Other non-current liabilities	325	325
Total liabilities	372,366	344,855
Commitments and contingencies (Note 17)
Shareholders’ equity
Ordinary shares (par value of $0.000006 per share; 5,000,000,000 shares authorized; 1,104,032,910 and 1,082,614,740 shares issued as of June 30, 2025 and December 31, 2024, respectively; 1,099,112,890 and 1,077,702,540 shares outstanding as of June 30, 2025 and December 31, 2024, respectively)	7	7
Additional paid-in capital	3,308,491	3,264,295
Accumulated deficit	(2,542,248)	(2,453,083)
Accumulated other comprehensive income	46,348	50,515
Treasury Stock (at cost, 4,920,020 and 4,912,200 shares as of June 30, 2025 and December 31, 2024, respectively)	(20,863)	(20,836)
Total shareholders’ equity	791,735	840,898
Total liabilities and shareholders’ equity	$ 1,164,101	$ 1,185,753