v3.26.1
Consolidated Balance Sheets
¥ in Thousands, $ in Thousands
Dec. 31, 2025
CNY (¥)
Dec. 31, 2025
USD ($)
Dec. 31, 2024
CNY (¥)
Current assets:      
Cash and cash equivalents ¥ 478,392 $ 68,409 ¥ 519,849
Restricted cash 2,696 386 2,313
Accounts receivable (net of allowance of RMB45,867 and RMB59,254 (US$8,473) as of December 31, 2024 and 2025, respectively) 169,611 24,254 152,013
Contract assets (net of allowance of RMB61,856 and RMB65,651 (US$9,388) as of December 31, 2024 and 2025, respectively) 12,301 1,759 13,855
Inventories, net 48,576 6,946 53,763
Contract costs 8,399 1,201 8,862
Prepayments and other current assets 18,611 2,661 25,963
Total current assets 738,586 105,616 776,618
Non-current assets:      
Property and equipment, net 31,099 4,447 47,152
Intangible assets, net 284 41 421
Operating right-of-use assets 42,774 6,117 53,188
Other non-current assets 7,632 1,091 7,926
Total non-current assets 81,789 11,696 108,687
TOTAL ASSETS 820,375 117,312 885,305
Current liabilities (including amounts of the consolidated VIE and its subsidiaries without recourse to the primary beneficiary of RMB216,696 and RMB212,161 (US$30,338) as of December 31, 2024 and 2025, respectively):      
Accounts payable 40,744 5,826 33,747
Deferred revenue 107,819 15,418 117,895
Accrued liabilities and other current liabilities 80,861 11,563 89,498
Customer deposits 592 85 592
Current portion of long-term borrowings 200 29 0
Current portion of operating lease liabilities 16,762 2,397 24,567
Total current liabilities 246,978 35,318 266,299
Non-current liabilities (including amounts of the consolidated VIE and its subsidiaries without recourse to the primary beneficiary of RMB36,840 and RMB24,687 (US$3,530) as of December 31, 2024 and 2025, respectively):      
Long-term borrowings 1,700 243 0
Other non-current liabilities 11,975 1,712 10,425
Non-current portion of operating lease liabilities 24,458 3,497 27,754
Total non-current liabilities 38,133 5,452 38,179
TOTAL LIABILITIES 285,111 40,770 304,478
Commitments and contingencies
Shareholders' equity:      
Treasury stock (57,193) (8,178) (63,264)
Additional paid-in capital 5,010,060 716,429 5,002,255
Accumulated deficits (4,255,607) (608,544) (4,200,261)
Accumulated other comprehensive loss (162,137) (23,185) (158,048)
Total shareholders' equity 535,264 76,542 580,827
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 820,375 117,312 885,305
Common Class A [Member]      
Shareholders' equity:      
Ordinary shares 120 17 124
Common Class B [Member]      
Shareholders' equity:      
Ordinary shares ¥ 21 $ 3 ¥ 21