v3.26.3
Unaudited Condensed Consolidated Statements of Cash Flows
¥ in Thousands, $ in Thousands
6 Months Ended
Jun. 30, 2026
USD ($)
Jun. 30, 2026
CNY (¥)
Jun. 30, 2025
CNY (¥)
Cash flows from operating activities      
Net income $ 2,768 ¥ 18,786 ¥ 9,749
Adjustments to reconcile net income to net cash provided by operating activities      
Depreciation of property and equipment 84 570 724
Amortization of intangible assets 3,480
Allowance for (reversal of) credit losses (107) (724) 1,400
Loss from disposal of property and equipment 1
Deferred tax (benefit) expense 1 8 (831)
Change in fair value of investment in marketable security 773 5,242 31,092
Investments loss 10 70 971
Share-based compensation 346 2,348 5,897
Amortization of right-of-use assets-operating lease 442 2,997 3,492
Changes in operating assets and liabilities      
Accounts receivable (528) (3,582) 1,956
Prepaid expense and other current assets (779) (5,286) (3)
Long term deposits and other assets (46) (310) 67
Accounts payable 1,560 10,584 3,028
Deferred revenue 301 2,045 9,012
Accrued salary and employee benefits (754) (5,119) (12,132)
Accrued expenses and other current liabilities 76 518 (3,338)
Income tax payable (125) (845) 1,079
Lease liabilities-operating lease (464) (3,146) (4,672)
Net cash provided by operating activities 3,558 24,156 50,972
Cash flows from investing activities      
Cash acquired from acquisition 28
Payment for (receipts from) long term investments 93 632 (6,000)
Purchase of property and equipment and intangible assets (41) (276) (261)
Net cash (used in) provided by investing activities 52 356 (6,233)
Cash flows from financing activities      
(Advance to) proceeds from related parties 15 100 (100)
Share repurchase (68) (459)
Net cash used in financing activities (53) (359) (100)
Effect of foreign exchange rate changes on cash and cash equivalents (274) (1,876) 1,311
Net increase in cash and cash equivalents 3,283 22,277 45,950
Cash and cash equivalents at beginning of the period 45,342 307,650 252,540
Cash and cash equivalents at end of the period 48,625 329,927 298,490
Supplemental disclosures of cash flow information:      
Income taxes paid 196 1,333 2,210
Supplemental non-cash investing and financing information:      
Right-of-use assets-operating lease obtained in exchange for lease liabilities-operating lease 1,410 9,564 16,442
Issuance of Class A ordinary shares for acquisition $ 3,068 ¥ 20,817