XML 55 R40.htm IDEA: XBRL DOCUMENT v3.24.0.1
Condensed financial information (Parent Company only) (Tables)
12 Months Ended
Dec. 31, 2023
Condensed Financial Information Disclosure [Abstract]  
Condensed balance sheet
December 31,
20232022
Assets
Current assets:
Cash and cash equivalents$— $— 
Total current assets— — 
Investment in subsidiaries717,547 701,338 
Total assets$717,547 $701,338 
Liabilities and stockholders’ equity
Current liabilities:
Accrued liabilities
$— $— 
Total current liabilities— — 
Other liabilities— — 
Total liabilities— — 
Commitments and contingencies
Stockholders’ equity:
Preferred stock, $0.001 par value, 50,000,000 shares authorized at December 31, 2023 and 2022; no shares issued and outstanding at December 31, 2023 and 2022
— — 
Common stock, $0.001 par value, 500,000,000 shares authorized at December 31, 2023 and 2022; 126,938,102 and 123,170,172 shares issued and outstanding at December 31, 2023 and 2022, respectively
126 123 
Additional paid-in capital1,162,993 1,049,875 
Accumulated other comprehensive loss(26,777)(39,951)
Accumulated deficit(418,795)(308,709)
Total stockholders’ equity717,547 701,338 
Total liabilities and stockholders’ equity$717,547 $701,338 
Condensed income statement
Years Ended December 31,
202320222021
Revenue$— $— $— 
Operating expenses— — — 
Loss from operations— — — 
Other income, net— — — 
Loss before income tax (provision) benefit and equity in net loss of subsidiaries
— — — 
Income tax (provision) benefit
— — — 
Equity in net loss of subsidiaries(110,086)(141,301)(75,189)
Net loss$(110,086)$(141,301)$(75,189)
Condensed statement of comprehensive loss
Years Ended December 31,
202320222021
Net loss$(110,086)$(141,301)$(75,189)
Other comprehensive income (loss):
Subsidiaries’ other comprehensive income (loss)
13,174 (32,085)(7,866)
Total other comprehensive income (loss)
13,174 (32,085)(7,866)
Comprehensive loss$(96,912)$(173,386)$(83,055)