10-Q Filing

ACM RESEARCH, INC. CIK: 1680062 Q3 2019

Filing Information

Form Type	10-Q
Accession Number	`0001140361-19-020461`
Period End Date	20190930
Filing Date	20191113
Fiscal Year	2019
Fiscal Period	Q3
XBRL Instance	acmr-20190930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 70 Income Statement 104 Cash Flow Statement 84 Stockholders Equity 39

Balance Sheet 70 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$27.12M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$18.24M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$47.26M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	-	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	-	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$26.58M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	-	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $0 as of September 30, 2019 and $0 as of December 31, 2018 (note 3)	`AccountsReceivableNetCurrent`	$43.14M	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $0 as of September 30, 2019 and $0 as of December 31, 2018 (note 3)	`AccountsReceivableNetCurrent`	$24.61M	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$2.15M	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$3.55M	USD	Point-in-time
Inventories (note 4)	`InventoryNet`	$38.76M	USD	Point-in-time
Inventories (note 4)	`InventoryNet`	$43.51M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$1.01M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$1.99M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$163.65M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$96.03M	USD	Point-in-time
Property, plant and equipment, net (note 5)	`PropertyPlantAndEquipmentNet`	$3.57M	USD	Point-in-time
Property, plant and equipment, net (note 5)	`PropertyPlantAndEquipmentNet`	$3.71M	USD	Point-in-time
Operating lease right-of-use assets, net (note 8)	`OperatingLeaseRightOfUseAsset`	-	USD	Point-in-time
Operating lease right-of-use assets, net (note 8)	`OperatingLeaseRightOfUseAsset`	$4.21M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$274.00K	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$285.00K	USD	Point-in-time
Deferred tax assets (note 16)	`DeferredTaxAssetsNetNoncurrent`	$1.64M	USD	Point-in-time
Deferred tax assets (note 16)	`DeferredTaxAssetsNetNoncurrent`	$2.31M	USD	Point-in-time
Long-term investments (note 10)	`Investments`	$1.36M	USD	Point-in-time
Long-term investments (note 10)	`Investments`	$5.97M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$40.00K	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$222.00K	USD	Point-in-time
Total assets	`Assets`	$180.22M	USD	Point-in-time
Total assets	`Assets`	$103.05M	USD	Point-in-time
Short-term borrowings (note 6)	`ShortTermBorrowings`	$15.66M	USD	Point-in-time
Short-term borrowings (note 6)	`ShortTermBorrowings`	$9.45M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$15.44M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$16.67M	USD	Point-in-time
Advances from customers	`ContractWithCustomerLiabilityCurrent`	$8.40M	USD	Point-in-time
Advances from customers	`ContractWithCustomerLiabilityCurrent`	$8.42M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$1.19M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$1.33M	USD	Point-in-time
Other payables and accrued expenses (note 7)	`OtherAccountsPayableAndAccruedLiabilities`	$13.97M	USD	Point-in-time
Other payables and accrued expenses (note 7)	`OtherAccountsPayableAndAccruedLiabilities`	$10.41M	USD	Point-in-time
Current portion of operating lease liability (note 8)	`OperatingLeaseLiabilityCurrent`	-	USD	Point-in-time
Current portion of operating lease liability (note 8)	`OperatingLeaseLiabilityCurrent`	$1.35M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$56.15M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$46.14M	USD	Point-in-time
Long-term operating lease liability (note 8)	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Long-term operating lease liability (note 8)	`OperatingLeaseLiabilityNoncurrent`	$2.85M	USD	Point-in-time
Other long-term liabilities (note 9)	`OtherLiabilitiesNoncurrent`	$2.98M	USD	Point-in-time
Other long-term liabilities (note 9)	`OtherLiabilitiesNoncurrent`	$4.58M	USD	Point-in-time
Total liabilities	`Liabilities`	$50.72M	USD	Point-in-time
Total liabilities	`Liabilities`	$61.98M	USD	Point-in-time
Commitments and contingencies (note 17)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (note 17)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable non-controlling interests (note 14)	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$26.89M	USD	Point-in-time
Redeemable non-controlling interests (note 14)	`RedeemableNoncontrollingInterestEquityCarryingAmount`	-	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$82.86M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$56.57M	USD	Point-in-time
Accumulated surplus (deficit)	`RetainedEarningsAccumulatedDeficit`	$-3.39M	USD	Point-in-time
Accumulated surplus (deficit)	`RetainedEarningsAccumulatedDeficit`	$11.56M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-3.08M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-857.00K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$49.33M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$39.86M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$45.60M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$91.34M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$52.32M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$59.72M	USD	Point-in-time
Total liabilities, redeemable non-controlling interests, and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$180.22M	USD	Point-in-time
Total liabilities, redeemable non-controlling interests, and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$103.05M	USD	Point-in-time

Income Statement 104 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$23.18M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$33.43M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$82.92M	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$53.80M	USD	3 Qtrs
Cost of revenue	`CostOfRevenue`	$29.66M	USD	3 Qtrs
Cost of revenue	`CostOfRevenue`	$17.17M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$12.89M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$44.70M	USD	3 Qtrs
Gross profit	`GrossProfit`	$10.29M	USD	1 Quarter
Gross profit	`GrossProfit`	$16.25M	USD	1 Quarter
Gross profit	`GrossProfit`	$24.13M	USD	3 Qtrs
Gross profit	`GrossProfit`	$38.21M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$8.68M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$3.23M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$3.89M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$7.77M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$3.49M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$9.60M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$6.22M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$2.26M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$6.31M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$5.99M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$1.39M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$1.85M	USD	1 Quarter
Total operating expenses, net	`OperatingExpenses`	$20.30M	USD	3 Qtrs
Total operating expenses, net	`OperatingExpenses`	$9.22M	USD	1 Quarter
Total operating expenses, net	`OperatingExpenses`	$24.27M	USD	3 Qtrs
Total operating expenses, net	`OperatingExpenses`	$6.88M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$3.83M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$3.40M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$7.03M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$13.94M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$3.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$128.00K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$95.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$20.00K	USD	3 Qtrs
Interest expense	`InterestExpense`	$205.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$112.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$538.00K	USD	3 Qtrs
Interest expense	`InterestExpense`	$364.00K	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$1.85M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$2.13M	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$902.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$1.21M	USD	3 Qtrs
Equity income (loss) in net income (loss) of affiliates	`IncomeLossFromEquityMethodInvestments`	$235.00K	USD	3 Qtrs
Equity income (loss) in net income (loss) of affiliates	`IncomeLossFromEquityMethodInvestments`	$117.00K	USD	1 Quarter
Equity income (loss) in net income (loss) of affiliates	`IncomeLossFromEquityMethodInvestments`	$-9.00K	USD	1 Quarter
Equity income (loss) in net income (loss) of affiliates	`IncomeLossFromEquityMethodInvestments`	$260.00K	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$4.93M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$15.92M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$8.76M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$4.31M	USD	1 Quarter
Income tax (expense) benefit (note 16)	`IncomeTaxExpenseBenefit`	$667.00K	USD	3 Qtrs
Income tax (expense) benefit (note 16)	`IncomeTaxExpenseBenefit`	$647.00K	USD	3 Qtrs
Income tax (expense) benefit (note 16)	`IncomeTaxExpenseBenefit`	$-328.00K	USD	1 Quarter
Income tax (expense) benefit (note 16)	`IncomeTaxExpenseBenefit`	$461.00K	USD	1 Quarter
Net income	`ProfitLoss`	$9.09M	USD	1 Quarter
Net income	`ProfitLoss`	$3.85M	USD	1 Quarter
Net income	`ProfitLoss`	$4.29M	USD	3 Qtrs
Net income	`ProfitLoss`	$15.26M	USD	3 Qtrs
Less: Net income attributable to redeemable non-controlling interests	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	-	USD	1 Quarter
Less: Net income attributable to redeemable non-controlling interests	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$307.00K	USD	1 Quarter
Less: Net income attributable to redeemable non-controlling interests	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	-	USD	3 Qtrs
Less: Net income attributable to redeemable non-controlling interests	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$307.00K	USD	3 Qtrs
Net income attributable to ACM Research, Inc.	`NetIncomeLoss`	$3.85M	USD	1 Quarter
Net income attributable to ACM Research, Inc.	`NetIncomeLoss`	$14.95M	USD	3 Qtrs
Net income attributable to ACM Research, Inc.	`NetIncomeLoss`	$4.29M	USD	3 Qtrs
Net income attributable to ACM Research, Inc.	`NetIncomeLoss`	$8.78M	USD	1 Quarter
Net income	`ProfitLoss`	$9.09M	USD	1 Quarter
Net income	`ProfitLoss`	$3.85M	USD	1 Quarter
Net income	`ProfitLoss`	$4.29M	USD	3 Qtrs
Net income	`ProfitLoss`	$15.26M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-746.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.08M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.59M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.90M	USD	3 Qtrs
Comprehensive Income (note 2)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$6.50M	USD	1 Quarter
Comprehensive Income (note 2)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$3.21M	USD	3 Qtrs
Comprehensive Income (note 2)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$3.11M	USD	1 Quarter
Comprehensive Income (note 2)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$12.36M	USD	3 Qtrs
Less: Comprehensive income attributable to redeemable non-controlling interests	`ComprehensiveIncomeLossAttributableToRedeemableNonControllingInterests`	$307.00K	USD	1 Quarter
Less: Comprehensive income attributable to redeemable non-controlling interests	`ComprehensiveIncomeLossAttributableToRedeemableNonControllingInterests`	-	USD	1 Quarter
Less: Comprehensive income attributable to redeemable non-controlling interests	`ComprehensiveIncomeLossAttributableToRedeemableNonControllingInterests`	-	USD	3 Qtrs
Less: Comprehensive income attributable to redeemable non-controlling interests	`ComprehensiveIncomeLossAttributableToRedeemableNonControllingInterests`	$307.00K	USD	3 Qtrs
Comprehensive income attributable to ACM Research, Inc.	`ComprehensiveIncomeNetOfTax`	$3.21M	USD	3 Qtrs
Comprehensive income attributable to ACM Research, Inc.	`ComprehensiveIncomeNetOfTax`	$6.19M	USD	1 Quarter
Comprehensive income attributable to ACM Research, Inc.	`ComprehensiveIncomeNetOfTax`	$12.05M	USD	3 Qtrs
Comprehensive income attributable to ACM Research, Inc.	`ComprehensiveIncomeNetOfTax`	$3.11M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.91	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.27	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.52	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.24	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.80	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.24	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.45	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.21	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	15.71M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	15.92M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	17.00M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	16.38M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	18.70M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	17.82M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	18.17M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	19.35M	shares	1 Quarter

Cash Flow Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$9.09M	USD	1 Quarter
Direct issuance expenses	`ProceedsFromIssuanceOfNetOfDirectExpenses`	$2.29M	USD	3 Qtrs
Net income	`ProfitLoss`	$3.85M	USD	1 Quarter
Net income	`ProfitLoss`	$4.29M	USD	3 Qtrs
Net income	`ProfitLoss`	$15.26M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$380.00K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$586.00K	USD	3 Qtrs
Loss on disposals of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	3 Qtrs
Loss on disposals of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-296.00K	USD	3 Qtrs
Equity income in net income of affiliates	`IncomeLossFromEquityMethodInvestments`	$-9.00K	USD	1 Quarter
Equity income in net income of affiliates	`IncomeLossFromEquityMethodInvestments`	$260.00K	USD	3 Qtrs
Equity income in net income of affiliates	`IncomeLossFromEquityMethodInvestments`	$235.00K	USD	3 Qtrs
Equity income in net income of affiliates	`IncomeLossFromEquityMethodInvestments`	$117.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-757.00K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-1.44M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$2.92M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$2.77M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$5.53M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$19.63M	USD	3 Qtrs
Other receivables	`IncreaseDecreaseInOtherReceivables`	$-781.00K	USD	3 Qtrs
Other receivables	`IncreaseDecreaseInOtherReceivables`	$-1.19M	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$15.16M	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$5.89M	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$1.65M	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-323.00K	USD	3 Qtrs
Other long-term assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-12.00K	USD	3 Qtrs
Other long-term assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$182.00K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$5.17M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-417.00K	USD	3 Qtrs
Advances from customers	`IncreaseDecreaseInContractWithCustomerLiability`	$746.00K	USD	3 Qtrs
Advances from customers	`IncreaseDecreaseInContractWithCustomerLiability`	$3.82M	USD	3 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$645.00K	USD	3 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$162.00K	USD	3 Qtrs
Other payables and accrued expenses	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$2.35M	USD	3 Qtrs
Other payables and accrued expenses	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$2.66M	USD	3 Qtrs
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-1.44M	USD	3 Qtrs
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-680.00K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-4.75M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-2.73M	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.60M	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$832.00K	USD	3 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$114.00K	USD	3 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$350.00K	USD	3 Qtrs
Investments in unconsolidated affiliates	`PaymentsToAcquireInterestInSubsidiariesAndAffiliates`	$4.35M	USD	3 Qtrs
Investments in unconsolidated affiliates	`PaymentsToAcquireInterestInSubsidiariesAndAffiliates`	-	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-5.29M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.95M	USD	3 Qtrs
Proceeds from short-term borrowings	`ProceedsFromShortTermDebt`	$18.27M	USD	3 Qtrs
Proceeds from short-term borrowings	`ProceedsFromShortTermDebt`	$13.06M	USD	3 Qtrs
Repayments of short-term borrowings	`RepaymentsOfShortTermDebt`	$11.77M	USD	3 Qtrs
Repayments of short-term borrowings	`RepaymentsOfShortTermDebt`	$7.96M	USD	3 Qtrs
Proceeds from stock option exercise to common stock	`ProceedsFromStockOptionsExercised`	$511.00K	USD	3 Qtrs
Proceeds from stock option exercise to common stock	`ProceedsFromStockOptionsExercised`	$312.00K	USD	3 Qtrs
Proceeds from issuance of Class A common stock in connection with public offering, net of direct issuance expenses of $2,287	`ProceedsFromIssuanceOfCommonStock`	$26.46M	USD	3 Qtrs
Proceeds from issuance of Class A common stock in connection with public offering, net of direct issuance expenses of $2,287	`ProceedsFromIssuanceOfCommonStock`	-	USD	3 Qtrs
Payment for repurchase of Class A common stock	`PaymentsForRepurchaseOfCommonStock`	$785.00K	USD	3 Qtrs
Payment for repurchase of Class A common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	3 Qtrs
Payment for cancellation of stock option	`PaymentForCancellationOfStockOptions`	$576.00K	USD	3 Qtrs
Payment for cancellation of stock option	`PaymentForCancellationOfStockOptions`	-	USD	3 Qtrs
Proceeds from issuance of common stock to redeemable Non-controlling interest	`ProceedsFromMinorityShareholders`	-	USD	3 Qtrs
Proceeds from issuance of common stock to redeemable Non-controlling interest	`ProceedsFromMinorityShareholders`	$27.26M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$59.17M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$5.61M	USD	3 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-376.00K	USD	3 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-2.41M	USD	3 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$557.00K	USD	3 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$46.72M	USD	3 Qtrs
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$73.85M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$18.24M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$17.68M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$27.12M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$27.12M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$17.68M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$73.85M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$18.24M	USD	Point-in-time
Interest paid	`InterestPaidNet`	$538.00K	USD	3 Qtrs
Interest paid	`InterestPaidNet`	$364.00K	USD	3 Qtrs
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$18.24M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$27.12M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$47.26M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$26.58M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	-	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	-	USD	Point-in-time

Stockholders Equity 39 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$49.33M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$39.86M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$45.60M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$91.34M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$52.32M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$59.72M	USD	Point-in-time
Net income attributable to ACM Research, Inc.	`NetIncomeLoss`	$8.78M	USD	1 Quarter
Net income attributable to ACM Research, Inc.	`NetIncomeLoss`	$4.29M	USD	3 Qtrs
Net income attributable to ACM Research, Inc.	`NetIncomeLoss`	$3.85M	USD	1 Quarter
Net income attributable to ACM Research, Inc.	`NetIncomeLoss`	$14.95M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-1.08M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-2.22M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-746.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-1.91M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$312.00K	USD	3 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$217.00K	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$140.00K	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$512.00K	USD	3 Qtrs
Cancellation of stock options	`StockIssuedDuringPeriodValueShareBasedCompensationForfeited`	$576.00K	USD	1 Quarter
Cancellation of stock options	`StockIssuedDuringPeriodValueShareBasedCompensationForfeited`	$576.00K	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.92M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$411.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.56M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.77M	USD	3 Qtrs
Issuance of Class A common stock in connection with public offering	`StockIssuedDuringPeriodValueNewIssues`	$26.46M	USD	3 Qtrs
Issuance of Class A common stock in connection with public offering	`StockIssuedDuringPeriodValueNewIssues`	$26.46M	USD	1 Quarter
Share repurchase	`StockRepurchasedDuringPeriodValue`	$2.83M	USD	3 Qtrs
Share repurchase	`StockRepurchasedDuringPeriodValue`	$2.83M	USD	1 Quarter
Conversion of Class B common shares to Class A common stock	`StockIssuedDuringPeriodValueConversionOfClassBStockToClassAStock`	-	USD	1 Quarter
Conversion of Class B common shares to Class A common stock	`StockIssuedDuringPeriodValueConversionOfClassBStockToClassAStock`	-	USD	1 Quarter
Conversion of Class B common shares to Class A common stock	`StockIssuedDuringPeriodValueConversionOfClassBStockToClassAStock`	-	USD	3 Qtrs
Conversion of Class B common shares to Class A common stock	`StockIssuedDuringPeriodValueConversionOfClassBStockToClassAStock`	-	USD	3 Qtrs
Exercise of common stock warrant issued to SMC	`StockIssuedDuringPeriodValueCommonStockWarrantExercised`	$2.98M	USD	3 Qtrs
Ending balance	`StockholdersEquity`	$91.34M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$45.60M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$52.32M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$49.33M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$39.86M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$59.72M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.