v3.26.3
Unaudited Condensed Consolidated Balance Sheet
¥ in Thousands, $ in Thousands
Jun. 30, 2026
USD ($)
Jun. 30, 2026
CNY (¥)
Dec. 31, 2025
CNY (¥)
Current assets:      
Cash and cash equivalents $ 2,938 ¥ 19,937 ¥ 976
Accounts receivable, net 748 5,074 6,522
Prepayment and other current assets, net 40,036 271,649 165,379
Total current assets 43,724 296,674 172,877
Non-current assets:      
Property, equipment and software, net 8 57
Right-of-use assets 346 2,346
Other non-current assets 28 190
Total non-current assets 382 2,593
Total assets 44,106 299,267 172,877
Current liabilities:      
Accounts payable 90 610 6,499
Contract liabilities 1,100 7,463 189
Salary and welfare benefits payable 327 2,216 2,017
Other taxes payable 5 32 4
Lease liabilities- current portion 246 1,668
Other current liabilities 142 958 906
Total current liabilities 2,871 19,470 16,220
Warrant liability 2,294 15,558 24,377
Lease liabilities- non current portion 151 1,023
Total non-current liabilities 5,987 40,614 24,377
Total liabilities 8,858 60,084 40,597
Commitments and contingencies
Shareholders’ equity:      
Treasury stock (8,548,547 treasury stock as of December 31, 2025; 8,548,547 treasury stock as of June 30, 2026) (1,933) (13,113) (13,113)
Additional paid-in capital 376,659 2,555,672 1,501,288
Stock subscription receivable (121,671) (825,542)
Accumulated deficit (237,243) (1,609,713) (1,418,827)
Accumulated other comprehensive income 8,756 59,414 56,998
Total shareholders’ equity 35,248 239,183 132,280
TOTAL LIABILITIES AND EQUITY 44,106 299,267 172,877
Class A Ordinary Shares      
Shareholders’ equity:      
Ordinary shares value 10,675 72,430 5,899
Class B Ordinary Shares      
Shareholders’ equity:      
Ordinary shares value 5 35 35
Related party      
Current assets:      
Receivables due from related parties 2 14
Current liabilities:      
Payables due to related parties 88 597 397
Third Party      
Current liabilities:      
Payable third-party loans 873 5,926 6,208
Payable third-party loans $ 3,542 ¥ 24,033