Unaudited Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2026	Dec. 31, 2025
Current assets
Cash and cash equivalents	$ 549,658	$ 679,573
Restricted cash, current	100,000	100,000
Short-term investments	10,000	10,000
Accounts receivable (net of allowance for credit losses of $19 and $31 as of September 30, 2026 and December 31, 2025, respectively)	65,295	106,116
Notes receivable	10,102	12,169
Inventories, net	85,292	74,745
Prepayments and other current assets	44,051	36,683
Total current assets	864,398	1,019,286
Restricted cash, non-current	1,119	1,116
Property and equipment, net	46,084	47,389
Operating lease right-of-use assets	14,897	19,152
Land use rights, net	2,884	2,853
Intangible assets, net	85,295	76,144
Deferred tax assets	6,481	3,390
Other non-current assets	2,738	3,054
Total assets	1,023,896	1,172,384
Current liabilities
Accounts payable	120,246	141,608
Current operating lease liabilities	5,528	6,344
Short-term debt	252,365	204,530
Other current liabilities	46,110	63,684
Total current liabilities	424,249	416,166
Deferred income	26,242	27,333
Non-current operating lease liabilities	9,556	13,385
Other non-current liabilities	570	0
Total liabilities	460,617	456,884
Commitments and contingencies (Note 16)
Shareholders’ equity
Ordinary shares (par value of $0.000006 per share; 5,000,000,000 shares authorized; 1,134,218,030 and 1,113,822,550 shares issued as of September 30, 2026 and December 31, 2025, respectively; 1,124,322,530 and 1,106,389,340 shares outstanding as of September 30, 2026 and December 31, 2025, respectively)	7	7
Additional paid-in capital	3,384,485	3,343,469
Accumulated deficit	(2,776,597)	(2,628,620)
Accumulated other comprehensive (loss) income	(10,861)	29,697
Treasury Stock (at cost, 9,895,500 and 7,433,210 shares as of September 30, 2026 and December 31, 2025, respectively)	(33,755)	(29,053)
Total shareholders’ equity	563,279	715,500
Total liabilities and shareholders’ equity	$ 1,023,896	$ 1,172,384