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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (DEFICIT) - USD ($)
$ in Thousands
Ordinary shares
Additional paid-in capital
[1]
Accumulated deficit
Statutory reserves
Accumulated other comprehensive income (loss)
Total Kaixin Auto Holdings' shareholders' equity (deficit)
Non-controlling interest
Total
Balance at beginning at Dec. 31, 2017 $ 2 [1] $ 18,652 $ (56,858) $ 4,004 $ 978 $ (33,222) $ 34,653 $ 1,431
Balance at beginning (in shares) at Dec. 31, 2017 [1] 24,984,300              
CHANGES IN EQUITY (DEFICIT)                
Other comprehensive income         2,553 2,553 (2,149) 404
Noncontrolling interest arising from acquisitions         (2,588) (2,588) 6,048 3,460
Disposal of subsidiaries   2,039     439 2,478 (10,621) (8,143)
Capital contribution from noncontrolling interest shareholders   6,346       6,346 4,792 11,138
Foreign currency translation adjustments               404
Contribution from Renren Inc.   2,476       2,476   2,476
Stock-based compensation   9,046       9,046   9,046
Net loss     (89,215)     (89,215) (317) (89,532)
Balance at ending at Dec. 31, 2018 $ 2 [1] 38,559 (146,073) 4,004 1,382 (102,126) 32,406 (69,720)
Balance at ending (in shares) at Dec. 31, 2018 [1] 24,984,300              
CHANGES IN EQUITY (DEFICIT)                
Other comprehensive income         (4,222) (4,222) (327) (4,549)
Noncontrolling interest arising from acquisitions               1,512
Reverse recapitalization $ 3 [1] (5,050)       (5,047)   (5,047)
Reverse recapitalization (Shares) [1] 28,719,425              
Issuance of units and conversion of rights to ordinary shares   7,500       7,500   7,500
Issuance of units and conversion of rights to ordinary shares (in shares) [1] 825,000              
Beneficial conversion feature of a convertible loan   2,128       2,128   2,128
Conversion of convertible loans to units and ordinary shares   21,219       21,219   21,219
Conversion of convertible loans to units and ordinary shares (in shares) [1] 2,300,000              
Conversion of rights to ordinary shares upon the reverse recapitalization (in shares) [1] 2,116,401              
Liabilities waived by Renren Inc.   76,007       76,007   76,007
Issuance of restricted shares (in shares) [1] 205,215              
Foreign currency translation adjustments               (4,549)
Contingent liabilities assumed by Renren Inc.   42,542       42,542   42,542
Disposal of a dealership   81       81 701 782
Acquisition of interest in a dealership held by noncontrolling shareholders   (187)       (187) (1,325) (1,512)
Contribution from Renren Inc.   109       109   109
Stock-based compensation   3,704       3,704   3,704
Net loss     (46,116)     (46,116) (22,952) (69,068)
Balance at ending at Dec. 31, 2019 $ 5 [1] 186,450 (192,189) 4,004 (2,840) (4,570) 7,101 2,531
Balance at ending (in shares) at Dec. 31, 2019 [1] 59,150,341              
CHANGES IN EQUITY (DEFICIT)                
Other comprehensive income               408
Liabilities waived by Renren Inc.               (4,213)
Loan from Shareholder Value Fund ("SVF") convertedinto ordinary shares $ 1 [1] 4,213       4,214   4,214
Loan from Shareholder Value Fund ("SVF") convertedinto ordinary shares (in shares) [1] 4,213,629              
Issuance of ordinary shares to EarlyBird Capital   1,000       1,000   1,000
Issuance of ordinary shares to EarlyBird Capital (in shares) [1] 450,000              
Issuance of ordinary shares to KX Venturas 4 LLC (in shares) [1] 4,000              
Issuance of ordinary shares for ESOP shares (in shares) [1] 294,885              
Foreign currency translation adjustments         (68) (68) 476 408
Beneficial conversion feature of preferred shares   1,310       1,310   1,310
Stock-based compensation   3,362       3,362   3,362
Net loss     (5,303)     (5,303) (17) (5,320)
Balance at ending at Dec. 31, 2020 $ 6 [1] $ 196,335 $ (197,492) $ 4,004 $ (2,908) $ (55) $ 7,560 $ 7,505
Balance at ending (in shares) at Dec. 31, 2020 [1] 64,112,855              
[1] Par value of ordinary shares, additional paid-in capital and share data have been retroactively restated to give effect to the reverse recapitalization discussed in Note 1(a)