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Leases
6 Months Ended
Jun. 30, 2022
Presentation of leases for lessee [abstract]  
Leases

12. Lease

 

Amounts recognized in the condensed consolidated balance sheets are as follows:

(i)
Right-of-use assets


During the six months ended June 30, 2022, the Group entered into an office lease in San Diego for facilities being used as the Group’s executive headquarters and office for U.S. employees.

 

(ii)
Lease liabilities

 

 

Land use rights

 

 

Office rental

 

 

Total

 

 

 

 

RMB’000

 

 

RMB’000

 

 

RMB’000

 

 

Opening net book amount-as of January 1, 2022

 

 

21,987

 

 

 

834

 

 

 

22,821

 

 

Additions

 

-

 

 

 

3,451

 

 

 

3,451

 

 

Depreciation

 

 

(222

)

 

 

(696

)

 

 

(918

)

 

Closing net book amount-as of June 30, 2022

 

 

21,765

 

 

 

3,589

 

 

 

25,354

 

 

 

 

 

 

 

 

 

 

 

 

 

As of June 30, 2022

 

 

 

 

 

 

 

 

 

 

Cost

 

 

22,284

 

 

 

6,058

 

 

 

28,342

 

 

Accumulated depreciation

 

 

(519

)

 

 

(2,469

)

 

 

(2,988

)

 

Net book value

 

 

21,765

 

 

 

3,589

 

 

 

25,354

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amounts recognized in the interim condensed consolidated statements of loss in addition to depreciation were as follows:

 

 

December 31,

 

 

June 30,

 

 

 

 

2021

 

 

2022

 

 

 

 

RMB’000

 

 

RMB’000

 

 

Non-current

 

 

163

 

 

 

2,248

 

 

Current

 

 

630

 

 

 

1,518

 

 

 

 

 

793

 

 

 

3,766

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended June 30,

 

 

 

 

2021

 

 

2022

 

 

 

 

RMB’000

 

 

RMB’000

 

 

Interest expense

 

 

22

 

 

 

57

 

 

Expense relating to short-term leases

 

 

17

 

 

-

 

 

Expense relating to leases of low-value assets that are not shown above as short-term leases

 

 

15

 

 

-

 

 

 

 

 

 

 

 

 

 

The total cash outflow for leases for the six months ended June 30, 2021 and 2022 was RMB 0.5 million and RMB 0.5 million, respectively.