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Related Party Balances and Transactions (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2022
Dec. 31, 2021
Related Party Transactions [Abstract]    
Schedule of relationship with the group

Name

 

Relationship with the Group

Ochem Chemical Co., Ltd (“Ochem”)

 

Controlled by CEO

Ochemate Material Technologies Co., Ltd (“Ochemate”)

 

Controlled by CEO

(1)    Related party transaction

Name

 

Relationship with
the Group

Ochem Chemical Co., Ltd (“Ochem”)

 

Controlled by CEO

Ochemate Material Technologies Co., Ltd (“Ochemate”)

 

Controlled by CEO

(1)    Related party transaction

Schedule of related party transactions

 

Three Months Ended
March 31,

   

2021

 

2022

Raw material sold to Ochem

 

$

155

 

$

(2)    Interest-free loans

MPS received certain interest-free loans from related parties, Ochemate and Ochem, for the three months ended March 31, 2021 and 2022 with accumulative amounts of $1,874 and $0, respectively.

The outstanding balance for the amount due from Ochem was $85 as of December 31, 2021 and $0 as of March 31, 2022, respectively.

 

Year Ended December 31,

   

2019

 

2020

 

2021

Raw material sold to Ochem

 

$

 

$

167

 

$

390

(2)    Interest-free loans