UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 99,721	$ 73,007
Restricted cash, current	39,099	36,572
Accounts receivable (net of allowance for credit losses of $6,406 and $5,090 as of June 30, 2025 and December 31, 2024, respectively)	125,920	120,626
Notes receivable	4,206	7,579
Inventories, net	141,749	143,327
Prepaid expenses and other current assets	19,896	27,019
Assets held for sale	4,000	19,896
Total Current Assets	434,591	428,026
Restricted cash, non-current	0	22
Property, plant and equipment, net	521,951	478,189
Land use rights, net	11,440	11,371
Acquired intangible assets, net	2,394	2,607
Operating lease right-of-use assets	18,967	17,628
Other non-current assets	15,349	14,024
Total Assets	1,004,692	951,867
Current liabilities:
Accounts payable	72,497	64,940
Notes payable	43,827	51,756
Accrued expenses and other current liabilities	101,502	98,456
Advance from customers	41,542	43,678
Convertible loan measured at fair value	181,475	0
Short-term bank borrowings	83,166	70,666
Income tax payables	654	652
Total Current Liabilities	524,663	330,153
Long-term bonds payable	41,693	43,157
Long-term bank borrowings	34,181	41,062
Warrant liability	434	290
Share-based compensation liability	98	98
Operating lease liabilities	15,656	14,596
Convertible loan measured at fair value	0	104,613
Other non-current liabilities	31,837	30,003
Total Liabilities	648,562	563,972
Commitments and contingencies (Note 16)
Stockholders’ Equity
Common Stock (par value of U.S. Dollar $0.0001 per share, 750,000,000 and 750,000,000 shares authorized as of June 30, 2025 and December 31, 2024; 325,354,111 and 324,831,634 shares issued, and 323,666,611 and 323,144,134 shares outstanding as of June 30, 2025 and December 31, 2024)	33	33
Additional paid-in capital	1,514,531	1,512,982
Statutory reserves	6,032	6,032
Accumulated deficit	(1,137,226)	(1,092,958)
Accumulated other comprehensive loss	(27,240)	(38,194)
Total Equity	356,130	387,895
Total Liabilities and Equity	1,004,692	951,867
Related Party
Current liabilities:
Other current liabilities	$ 0	$ 5