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CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Class A
Ordinary shares
Registered Direct Offering
Class A
Ordinary shares
Cumulative Effect, Period of Adoption, Adjusted Balance
Class A
Ordinary shares
Class A
Class B
Ordinary shares
Cumulative Effect, Period of Adoption, Adjusted Balance
Class B
Ordinary shares
Class B
Treasury stocks
Cumulative Effect, Period of Adoption, Adjusted Balance
Treasury stocks
Additional paid-in capital
At-the-Market Offering Agreements
Additional paid-in capital
Registered Direct Offering
Additional paid-in capital
Cumulative Effect, Period of Adoption, Adjusted Balance
Additional paid-in capital
Statutory reserves
Cumulative Effect, Period of Adoption, Adjusted Balance
Statutory reserves
Accumulated other comprehensive loss
Cumulative Effect, Period of Adoption, Adjusted Balance
Accumulated other comprehensive loss
Retained earnings (accumulated deficit)
Cumulative Effect, Period of Adoption, Adjustment
Retained earnings (accumulated deficit)
Cumulative Effect, Period of Adoption, Adjusted Balance
Retained earnings (accumulated deficit)
At-the-Market Offering Agreements
Registered Direct Offering
Cumulative Effect, Period of Adoption, Adjustment
Cumulative Effect, Period of Adoption, Adjusted Balance
Total
Beginning balance at Dec. 31, 2022                 $ (57,055)       $ 492,220   $ 14,892   $ (36,913)     $ 194,522         $ 607,666
Beginning balance (in shares) at Dec. 31, 2022     2,184,377,313     311,624,444                                      
Treasury stocks, beginning (in shares) at Dec. 31, 2022                 308,136,735                                
Repurchase of vested employee restricted share units for tax withholding                 $ (2,420)                               (2,420)
Repurchase of vested employee restricted share units for tax withholding (in shares)     (13,904,625)           13,904,625                                
Resale of vested employee restricted share units for tax withholding                 $ 2,420                               2,420
Resale of vested employee restricted share units for tax withholding (in shares)     13,904,625           (13,904,625)                                
Issuance of ordinary shares                         65,430                       65,430
Issuance of ordinary shares (in shares)     493,188,945                                            
Issuance of ordinary shares pursuant to preferred shares financing, net of offering cost                         53,625                       53,625
Issuance of ordinary shares pursuant to preferred shares financing, net of offering cost (in shares)     354,751,230                                            
Issuance of ordinary shares pursuant to share lending arrangement                         511                       511
Issuance of ordinary shares pursuant to share lending arrangement (in shares)     120,000,000                                            
Share-based compensation expense                         42,074                       42,074
Vesting of restricted share units (in shares)     51,031,395           (51,031,395)                                
Foreign currency translation                                 (6,966)               (6,966)
Net loss                                       (414,153)         (414,153)
Ending balance at Dec. 31, 2023               $ (57,055) $ (57,055)     $ 653,860 653,860 $ 14,892 14,892 $ (43,879) (43,879) $ 18,893 $ (200,738) (219,631)     $ 18,893 $ 367,080 348,187
Ending balance (in shares) at Dec. 31, 2023   3,203,348,883 3,203,348,883   311,624,444 311,624,444                                      
Treasury stocks, ending (in shares) at Dec. 31, 2023               257,105,340 257,105,340                                
Repurchase of vested employee restricted share units for tax withholding                 $ (768)                               (768)
Repurchase of vested employee restricted share units for tax withholding (in shares)     (8,532,915)           8,532,915                                
Resale of vested employee restricted share units for tax withholding                 $ 768                               768
Resale of vested employee restricted share units for tax withholding (in shares)     8,532,915           (8,532,915)                                
Issuance of ordinary shares as a reserve for the at-the-market offering (in shares)     750,000,000                                            
Issuance of ordinary shares pursuant to preferred shares financing, net of offering cost                         131,351                       131,351
Issuance of ordinary shares pursuant to preferred shares financing, net of offering cost (in shares)     1,049,543,865                                            
Issuance of ordinary shares pursuant to share lending arrangement                         236                       236
Issuance of ordinary shares pursuant to share lending arrangement (in shares)     42,000,000                                            
Return of ordinary shares under share lending arrangements (in shares)     (42,000,000)           42,000,000                                
Cancel of ordinary shares under share lending arrangements (in shares)                 (20,178,045)                                
Share-based compensation expense                         30,916                       30,916
Vesting of restricted share units (in shares)     49,645,830           (49,645,830)                                
Foreign currency translation                                 (13,577)               (13,577)
Net loss                                       (249,752)         (249,752)
Ending balance at Dec. 31, 2024                 $ (57,055)       816,363   14,892   (57,456)     (450,490)         $ 266,254
Ending balance (in shares) at Dec. 31, 2024     5,052,538,578 4,302,538,578   311,624,444 311,624,444                                    
Treasury stocks, ending (in shares) at Dec. 31, 2024                 229,281,465                               229,281,465
Share Repurchase                 $ (4,948)                               $ (4,948)
Share Repurchase (in shares)     (98,796,195)           98,796,195                                
Repurchase of vested employee restricted share units for tax withholding                 $ (1,609)                               (1,609)
Repurchase of vested employee restricted share units for tax withholding (in shares)     (25,633,335)           25,633,335                                
Resale of vested employee restricted share units for tax withholding                 $ 1,609                               1,609
Resale of vested employee restricted share units for tax withholding (in shares)     25,633,335           (25,633,335)                                
Issuance of ordinary shares                   $ 49,470 $ 70,730                   $ 49,470 $ 70,730      
Issuance of ordinary shares (in shares) 954,907,155                                                
Issuance of ordinary shares pursuant to preferred shares financing, net of offering cost     $ 1                   241,582                       241,583
Issuance of ordinary shares pursuant to preferred shares financing, net of offering cost (in shares)     4,089,755,775                                            
Issuance of ordinary shares pursuant to share lending arrangement                         944                       944
Issuance of ordinary shares pursuant to share lending arrangement (in shares)     105,000,000                                            
Return of ordinary shares under share lending arrangements (in shares)     (225,000,000)           225,000,000                                
Share-based compensation expense                         22,799                       22,799
Vesting of restricted share units                 $ 24,831       (24,831)                        
Vesting of restricted share units (in shares)     186,096,045           (186,096,045)                                
Foreign currency translation                                 803               803
Net loss                                       (210,267)         (210,267)
Ending balance at Dec. 31, 2025     $ 1           $ (37,172)       $ 1,177,057   $ 14,892   $ (56,653)     $ (660,757)         $ 437,368
Ending balance (in shares) at Dec. 31, 2025     10,064,501,358 9,703,445,043   311,624,444 311,624,444                                    
Treasury stocks, ending (in shares) at Dec. 31, 2025       366,981,615         366,981,615                               366,981,615