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CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (DEFICIT) - USD ($)
Total
Ordinary shares
Ordinary shares
Class A ordinary shares
Ordinary shares
Class B ordinary shares
Treasury stock purchases
Additional paid in capital
Statutory Reserves
Accumulated other comprehensive income (loss)
Accumulated deficit
Non-controlling interests
Redeemable non-controlling interest of sponsored fund
Beginning balance at Dec. 31, 2019 $ 211,941,612   $ 17,772 $ 3,376   $ 285,767,622 $ 724,008 $ (866,421) $ (73,704,745)   $ 3,084,122
Beginning balance (in shares) at Dec. 31, 2019     1,777,218,449 337,611,722              
Changes in equity                      
Issuance of Class A ordinary shares upon settlement of share-based awards (in shares)     17,138,985                
Issuance of Class A ordinary shares upon settlement of share-based awards 5,317   $ 172     5,145          
Share-based compensation 6,054,612         6,054,612          
Treasury stock purchases (in shares)         10,429,305            
Treasury stock purchases (2,172,819)       $ (2,172,819)            
Provision of statutory reserve             1,939,543   (1,939,543)    
Foreign currency translation adjustment 3,752,464             3,752,464      
Unrealized gain (loss) on available-for-sale securities 41,149             41,149      
Investment in sponsored fund from non-controlling shareholders                     4,251,549
Disposal of sponsored fund from non-controlling shareholders                     10,450,123
Net income (loss) 16,064,793               16,064,793   $ 3,114,452
Ending balance at Dec. 31, 2020 235,687,128   $ 17,944 $ 3,376 $ (2,172,819) 291,827,379 2,663,551 2,927,192 (59,579,495)    
Ending balance (in shares) at Dec. 31, 2020     1,794,357,434 337,611,722 10,429,305            
Changes in equity                      
Issuance of Class A ordinary shares upon settlement of share-based awards (in shares)     38,004,705                
Issuance of Class A ordinary shares upon settlement of share-based awards 549,984   $ 379     549,605          
Class B ordinary shares converted into Class A ordinary shares (in shares)     115,500,000 (115,500,000)              
Class B ordinary shares converted into Class A ordinary shares     $ 1,155 $ (1,155)              
Issuance of ordinary shares upon follow-on public offering (in shares)     112,125,000                
Issuance of ordinary shares upon follow-on public offering 175,421,594   $ 1,121     175,420,473          
Share-based compensation 13,370,377         13,370,377          
Provision of statutory reserve             899,337   (899,337)    
Foreign currency translation adjustment 1,839,022             1,839,022      
Unrealized gain (loss) on available-for-sale securities 1,899,605             1,899,605      
Equity component of convertible bonds 3,167,457         3,167,457          
Net income (loss) 14,690,701               14,690,701    
Ending balance at Dec. 31, 2021 446,625,868   $ 20,599 $ 2,221 $ (2,172,819) 484,335,291 3,562,888 6,665,819 (45,788,131)    
Ending balance (ASU 2020-06) at Dec. 31, 2021 (3,009,656)         (3,167,457)     157,801    
Ending balance (in shares) at Dec. 31, 2021     2,059,987,139 222,111,722 10,429,305            
Changes in equity                      
Issuance of Class A ordinary shares upon settlement of share-based awards (in shares)     36,915,928                
Issuance of Class A ordinary shares upon settlement of share-based awards 366,537   $ 369     366,168          
Class B ordinary shares converted into Class A ordinary shares (in shares)     124,500,000 (124,500,000)              
Class B ordinary shares converted into Class A ordinary shares     $ 1,245 $ (1,245)              
Share-based compensation 14,213,841         14,212,067       $ 1,774  
Provision of statutory reserve             2,608,739   (2,608,739)    
Foreign currency translation adjustment (8,130,208)             (8,128,640)   (1,568)  
Unrealized gain (loss) on available-for-sale securities (768,590)             (768,590)      
Accretion of redeemable non-controlling interests (61,870)         (58,776)       (3,094)  
Capital contribution from non-controlling interests 7,850         18,391       (10,541)  
Net income (loss) (2,256,880)               (2,127,665) (129,215)  
Ending balance at Dec. 31, 2022 $ 446,986,892 $ 22,213   $ 976 $ (2,172,819) $ 495,705,684 $ 6,171,627 $ (2,231,411) $ (50,366,734) $ (142,644)  
Ending balance (in shares) at Dec. 31, 2022   2,221,403,067   97,611,722 10,429,305