v3.26.3
Segment reporting (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of single reportable segment
The following table presents financial information with respect to the Group’s single reportable segment:

Six Months Ended June 30,
20252026
Total revenues323,281 356,682 
Total cost of revenues(273,280)(283,969)
Gross profit50,001 72,713 
Operating expenses excluding share-based compensation expense1
(108,649)(90,416)
Share-based compensation expense(6,504)(1,467)
Total operating expenses(115,153)(91,883)
Loss from operation(65,152)(19,170)
Interest income1,554 2,509 
Interest expense(10,239)(17,982)
Gain from equity method investments, net113 14,161 
Other non-operating (expenses) income3,137 (1,478)
Loss before income taxes(70,587)(21,960)
Income tax expenses(2,052)(1,041)
Net loss(72,639)(23,001)

1 This measure is not in accordance with, or an alternative to GAAP. The Group excludes share-based compensation expense since it is non-cash in nature and its valuation and measurement depend on factors such as volatility not reflective of the Group’s operating performance.