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Consolidated Statements of Changes in Shareholders' Equity - USD ($)
$ in Thousands
Total
Ordinary share
Treasury stock
Additional paid-in capital
Accumulated other comprehensive income (loss)
Accumulated deficit
Beginning balance at Dec. 31, 2021 $ 715,147 $ 18   $ 1,371,577 $ 28,579 $ (685,027)
Beginning balance (in shares) at Dec. 31, 2021   183,826,753        
Foreign currency translation adjustments 5,587       5,587  
Net loss (371,053)         (371,053)
Share-based compensation of I-Mab 52,854     52,854    
Exercise of stock options $ 6,918 $ 1   6,917    
Exercise of stock options (Shares) 6,845,888 6,845,888        
Issuance of ordinary shares for restricted share units (shares) 1,859,819 1,859,819        
Repurchase of shares $ (3,006)   $ (3,006)      
Repurchase of shares (in shares)     (1,652,541)      
Proportionate share of share-based compensation expenses recorded in an equity method affiliate 11,366     11,366    
Ending balance at Dec. 31, 2022 417,813 $ 19 $ (3,006) 1,442,714 34,166 (1,056,080)
Ending balance (in shares) at Dec. 31, 2022   192,532,460        
Ending balance (in shares) at Dec. 31, 2022   (1,652,541) (1,652,541)      
Foreign currency translation adjustments 5,605       5,605  
Net loss (207,729)         (207,729)
Share-based compensation of I-Mab 27,348     27,348    
Exercise of stock options $ 407   $ 120 287    
Exercise of stock options (Shares) 280,568 280,568 126,874      
Issuance of ordinary shares for restricted share units     $ 3,523 (3,523)    
Issuance of ordinary shares for restricted share units (shares) 1,260,701 1,260,701 3,722,394      
Repurchase of shares $ (8,644)   $ (8,644)      
Repurchase of shares (in shares)     (10,656,794)      
Proportionate share of share-based compensation expenses recorded in an equity method affiliate 7,784     7,784    
Ending balance at Dec. 31, 2023 242,584 $ 19 $ (8,007) 1,474,610 39,771 (1,263,809)
Ending balance (in shares) at Dec. 31, 2023   194,073,729        
Ending balance (in shares) at Dec. 31, 2023   (8,460,067) (8,460,067)      
Foreign currency translation adjustments 1,781       1,781  
Net loss (22,230)         (22,230)
Unrealized loss on available-for-sale debt securities (8,168)       (8,168)  
Share-based compensation of I-Mab $ (13,510)     (13,510)    
Exercise of stock options (Shares) 0          
Issuance of ordinary shares for restricted share units     $ 2,117 (2,117)    
Issuance of ordinary shares for restricted share units (shares) 0   2,252,047      
Repurchase of shares $ (335)   $ (335)      
Repurchase of shares (in shares)     (413,214)      
Proportionate share of share-based compensation expenses recorded in an equity method affiliate 1,038     1,038    
Ending balance at Dec. 31, 2024 $ 201,160 $ 19 $ (6,225) $ 1,460,021 $ 33,384 $ (1,286,039)
Ending balance (in shares) at Dec. 31, 2024   194,073,729        
Ending balance (in shares) at Dec. 31, 2024   (6,621,234) (6,621,234)