v3.25.1
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues      
Revenues $ 50,015 $ 80,481 $ 158,333
Cost of services (7,909) (12,267) (17,799)
Gross profit 42,106 68,214 140,534
Operating income (expenses)      
Selling expenses (19,603) (30,783) (56,499)
General and administrative expenses (81,958) (77,509) (99,911)
Impairment of long-lived assets (151,097)    
Other income, net 4,633 103 5,040
Operating loss (205,919) (39,975) (10,836)
Foreign exchange gain 126 1,222 2,667
Interest income 5,958 6,854 11,925
Interest expense (8,081) (10,765) (16,679)
Change in fair value of securities (1,523) 828 (19,142)
Government grants 254 1,523 1,732
Investment income, net 2,100 523 34,253
Income (loss) before income taxes (207,085) (39,790) 3,920
Income tax benefit (expense) 27,364 (35,772) (23,504)
Net loss (179,721) (75,562) (19,584)
Comprehensive income (loss)      
Net Income (Loss) (179,721) (75,562) (19,584)
Foreign currency translation adjustments (27,872) (47,413) 34,089
Gain (loss) on intra-entity foreign transactions of long-term investment nature (505) (2,794) 756
Total comprehensive income (loss) $ (208,098) $ (125,769) $ 15,261
Net loss per share for Class A and Class B ordinary shares      
Basic $ (1.99) $ (0.84) $ (0.22)
Diluted $ (1.99) $ (0.84) $ (0.22)
Weighted average number of Class A and Class B ordinary shares outstanding:      
Basic 90,357,329 90,357,275 90,162,557
Diluted 90,357,329 90,357,275 90,162,557
Marketing services      
Revenues      
Revenues $ 16,722 $ 37,187 $ 70,426
Listing services      
Revenues      
Revenues 7,749 13,105 31,128
Leads generation services      
Revenues      
Revenues 13,499 15,760 36,654
Financial services      
Revenues      
Revenues 4,572 9,716 13,290
Other services      
Revenues      
Revenues $ 7,473 $ 4,713 $ 6,835