v3.26.1
CONSOLIDATED STATEMENTS OF CASH FLOWS
¥ in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2025
CNY (¥)
Dec. 31, 2025
USD ($)
Dec. 31, 2024
CNY (¥)
Dec. 31, 2023
CNY (¥)
Cash flows from operating activities:        
Net (loss)/income ¥ 2,574 $ 369 ¥ (6,769) ¥ (62,668)
Adjustments to reconcile net (loss)/income to net cash used in operating activities:        
Depreciation of property and equipment 931 133 1,309 5,301
Amortization of intangible assets 4,225 604 4,648 6,223
Lease expense to reduce right-of-use assets 5,113 731 5,910 8,029
Deferred tax (benefits)/expenses (1,052) (150) 6 (1,889)
Credit losses for accounts receivable 3,320 475 1,362 636
Share of loss from equity method investment       450
Disposal loss of long-term investment       10,754
Impairment of long-term investments 0   0 8,505
Credit losses for loans receivable       6,660
Loss/ (gain) on disposal of property and equipment 729 104 3 (8,129)
Unrealized fair value change from short-term investment (90) (13)    
Share-based compensation expenses 3,684 527 4,225 11,574
Changes in operating assets and liabilities:        
Accounts and notes receivable 4,256 609 (17,821) (5,855)
Prepayments and other current assets 704 101 5,962 6,076
Amounts due from related parties       255
Other non-current assets 232 33 (1,048) (3,181)
Accounts payable 6,713 960 11,618 2,904
Deferred revenue and customer deposits 31,539 4,510 5,593 (871)
Tax payable 770 110 55 3
Accrued liabilities and other current liabilities 6,616 946 (739) (858)
Operating lease liabilities (5,262) (752) (5,777) 1,860
Other non-current liabilities (117) (17) 4 (3,686)
Net cash (used in)/provided by operating activities 64,885 9,280 8,541 (17,907)
Cash flows from investing activities:        
Purchase of short-term investments (185,000) (26,455) (197,000) (30,000)
Proceeds from maturities of short-term investments 180,000 25,740 197,000 30,000
Payment for acquisitions, net of cash acquired (2,150) (307) (450)  
Proceeds from disposal of long-term investments       10,279
Investment in loans granted to investees       (1,000)
Purchase of property and equipment (252) (36) (4,506) (306)
Proceeds from disposal of property and equipment 368 53 55 16,371
Purchase of intangible assets (423) (60) (474) (218)
Net cash provided by/ (used in) investing activities (7,457) (1,065) (5,375) 25,126
Cash flows from financing activities:        
Proceeds from short-term bank loans     3,000  
Repayment of short-term bank loans (3,000) (429)   (5,000)
Repurchase of common shares (7,602) (1,087) (2,588) (3,709)
Proceeds from ATM offering 1,502 215    
Prepayment for stock issuance cost (1,845) (264)    
Proceeds from exercise of share options 2,898 414 813 58
Net cash (used in)/ provided by financing activities (8,047) (1,151) 1,225 (8,651)
Effect of exchange rate on cash and cash equivalents and restricted cash (589) (86) 149 179
Net (decrease)/increase in cash and cash equivalents and restricted cash 48,792 6,978 4,540 (1,253)
Cash, cash equivalents and restricted cash at the beginning of year 119,547 17,094 115,007 116,260
Cash, cash equivalents and restricted cash at the end of year 168,339 24,072 119,547 115,007
Cash and cash equivalents at the end of the year 167,955 24,017 119,171 114,521
Restricted cash at the end of the year 384 55 376 486
Supplemental disclosures of cash flow information:        
Income tax paid [1] 273 39 131 18
Interest expense paid 40 6 109 212
Non-cash investing and financing activities:        
Acquisition of long-term investments       ¥ 450
Unpaid offering expenses 1,406 201    
Unpaid cash for repurchase of common shares ¥ 1,608 $ 230 ¥ 1,681  
[1] For the year ended December 31, 2025, income taxes paid amounted to RMB 269 (US$38) in Chinese mainland, and RMB 4 (US$1) in jurisdictions outside Chinese mainland.