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Share-based payment (Tables)
12 Months Ended
Dec. 31, 2021
Share-based Payment Arrangement [Abstract]  
Schedule of modification date fair value of the stock options was determined using the Binomial-Lattice Model
    After
modification
 
Exercise price (1) $ 4.37-$6.28  
Expected lives (years) (2)     4.5-9.4  
Volatility (3)     47.6%-53.1 %
Risk-free interest rate (4)     1.26%-1.87 %
Expected dividend yield (5)     0.00 %
Weighted average fair value of options modified   $ 4.70-$5.36  

  

   

Year

Ended December 31,
2021

 
Expected term (years) (1)     2.18-2.35  
Volatility (2)     63.06%-64.31 %
Average correlation coefficient of peer companies (3)     0.7960-0.8120  
Risk-free interest rate (4)     0.31%-0.55 %
Expected dividend yield (5)     0.00 %

 

(3)Average correlation coefficient of peer companies

 

(4)Risk-free interest rate

 

(5)Expected dividend yield

 

Schedule of share options activity
Share options life  Number of Shares   Weighted Average Exercise Price (US$)   Weighted Average Grant Date Fair Value (US$)   Weighted Average Remaining Contractual 
Outstanding as of January 1, 2019   8,810,178    5.55    2.16    8.1 
Forfeited   (1,231,675)   5.83    2.27      
Outstanding as of December 31, 2019   7,578,503    5.50    2.14    7.1 
Expected to vest and exercisable as of December 31, 2019   7,578,503    5.50    2.14    7.1 
                     
Outstanding as of January 1, 2020   7,578,503    5.50    2.14    7.1 
Grant   28,350,160    6.28    3.09      
Forfeited   (1,190,696)   3.89    2.04      
Outstanding as of December 31, 2020   34,737,967    6.19    2.92    9.0 
Expected to vest and exercisable as of December 31, 2020   34,737,967    6.19    2.92    9.0 
                     
Outstanding as of January 1, 2021   34,737,967    6.19    2.92    9.0 
Granted   
-
    
-
    
-
      
Forfeited   (1,234,310)   6.28    3.20      
Outstanding as of December 31, 2021   33,503,657    6.19    4.95(a)   7.9 
Expected to vest and exercisable as of December 31, 2021   33,503,657    6.19    4.95(a)   7.9 

 

Schedule non-vested shares activity
   Number on
Non-Vested
Shares
   Weighted Average Grant
Date Fair Value
per Share (US$)
 
Outstanding as of January 1, 2019   17,291,560    0.96 
Forfeited   (772,341)   1.60 
Transfer from non-vested shares   3,289,837    0.64 
Outstanding as of December 31, 2019   19,809,056    0.90 
Forfeited   (71,494)   1.42 
Transfer from non-vested shares   3,289,837    1.14 
Outstanding as of December 31, 2020   23,027,399    0.93 
Forfeited   
-
    
-
 
Outstanding as of December 31, 2021   23,027,399    8.74(a)

 

   Number of
Non-Vested
Shares
   Weighted
Average Grant
Date Fair Value
Per Share (US$)
 
Outstanding as of January 1, 2019   5,578,012    0.93 
Transfer to capped non-vested share units   (2,288,175)   0.64 
Outstanding as of December 31, 2019   3,289,837    1.14 
           
Transfer to capped non-vested share units   (3,289,837)   1.14 
Outstanding as of December 31, 2020   
-
    
-
 
Grant   727,600    9.07 
Vested   (14,279)   8.52 
Forfeited   (41,880)   9.05 
Outstanding as of December 31, 2021   671,441    9.08 

 

Schedule of classification of stock-based compensation
   Year Ended December 31, 
   2019   2020   2021 
Cost of revenues  $
      -
   $
       -
   $4,309 
General and administrative expenses   
-
    
-
    59,492 
Research and development expenses   
-
    
-
    13,064 
Selling and marketing expenses   
-
    
-
    6,029 
Construction in process   
-
    
-
    237 
Total  $
-
   $
-
   $83,131