10-Q Filing

ACM RESEARCH, INC. CIK: 1680062 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0001140361-21-036982`
Period End Date	20210930
Filing Date	20211108
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	brhc10030235_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 83 Income Statement 112 Cash Flow Statement 103 Stockholders Equity 36

Balance Sheet 83 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$65.04M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$71.77M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$92.20M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	-	USD	Point-in-time
Trading securities (note 16)	`MarketableSecuritiesCurrent`	$28.24M	USD	Point-in-time
Trading securities (note 16)	`MarketableSecuritiesCurrent`	$30.22M	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $0 as of September 30, 2021 and December 31, 2020 (note 4)	`AccountsReceivableNetCurrent`	$56.44M	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $0 as of September 30, 2021 and December 31, 2020 (note 4)	`AccountsReceivableNetCurrent`	$84.79M	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$13.16M	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$9.68M	USD	Point-in-time
Inventories (note 5)	`InventoryNet`	$88.64M	USD	Point-in-time
Inventories (note 5)	`InventoryNet`	$176.61M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$5.89M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$7.53M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$377.35M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$260.66M	USD	Point-in-time
Property, plant and equipment, net (note 6)	`PropertyPlantAndEquipmentNet`	$10.01M	USD	Point-in-time
Property, plant and equipment, net (note 6)	`PropertyPlantAndEquipmentNet`	$8.19M	USD	Point-in-time
Land use right, net (note 7)	`LandUseRightNet`	$9.56M	USD	Point-in-time
Land use right, net (note 7)	`LandUseRightNet`	$9.65M	USD	Point-in-time
Operating lease right-of-use assets, net (note 11)	`OperatingLeaseRightOfUseAsset`	$4.60M	USD	Point-in-time
Operating lease right-of-use assets, net (note 11)	`OperatingLeaseRightOfUseAsset`	$4.30M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$554.00K	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$556.00K	USD	Point-in-time
Deferred tax assets (note 21)	`DeferredIncomeTaxAssetsNet`	$15.79M	USD	Point-in-time
Deferred tax assets (note 21)	`DeferredIncomeTaxAssetsNet`	$11.08M	USD	Point-in-time
Long-term investments (note 14)	`Investments`	$7.41M	USD	Point-in-time
Long-term investments (note 14)	`Investments`	$6.34M	USD	Point-in-time
Other long-term assets (note 8)	`OtherAssetsNoncurrent`	$40.50M	USD	Point-in-time
Other long-term assets (note 8)	`OtherAssetsNoncurrent`	$44.24M	USD	Point-in-time
Total assets	`Assets`	$341.26M	USD	Point-in-time
Total assets	`Assets`	$469.51M	USD	Point-in-time
Short-term borrowings (note 9)	`ShortTermBorrowings`	$15.20M	USD	Point-in-time
Short-term borrowings (note 9)	`ShortTermBorrowings`	$26.15M	USD	Point-in-time
Current portion of long-term borrowings (note 12)	`LongTermDebtCurrent`	$1.59M	USD	Point-in-time
Current portion of long-term borrowings (note 12)	`LongTermDebtCurrent`	$2.35M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$35.60M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$92.83M	USD	Point-in-time
Advances from customers	`ContractWithCustomerLiabilityCurrent`	$52.68M	USD	Point-in-time
Advances from customers	`ContractWithCustomerLiabilityCurrent`	$17.89M	USD	Point-in-time
Deferred revenue	`DeferredIncomeCurrent`	$1.34M	USD	Point-in-time
Deferred revenue	`DeferredIncomeCurrent`	$2.40M	USD	Point-in-time
Income taxes payable (note 21)	`AccruedIncomeTaxesCurrent`	$31.00K	USD	Point-in-time
Income taxes payable (note 21)	`AccruedIncomeTaxesCurrent`	$1.23M	USD	Point-in-time
FIN-48 payable (note 21)	`IncomeTaxesCurrentPayableAndDeferredTaxLiabilities`	$83.00K	USD	Point-in-time
FIN-48 payable (note 21)	`IncomeTaxesCurrentPayableAndDeferredTaxLiabilities`	$83.00K	USD	Point-in-time
Other payables and accrued expenses (note 10)	`OtherAccountsPayableAndAccruedLiabilities`	$25.95M	USD	Point-in-time
Other payables and accrued expenses (note 10)	`OtherAccountsPayableAndAccruedLiabilities`	$18.80M	USD	Point-in-time
Current portion of operating lease liability (note 11)	`OperatingLeaseLiabilityCurrent`	$2.48M	USD	Point-in-time
Current portion of operating lease liability (note 11)	`OperatingLeaseLiabilityCurrent`	$1.42M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$195.21M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$102.91M	USD	Point-in-time
Long-term borrowings (note 12)	`LongTermDebtNoncurrent`	$17.98M	USD	Point-in-time
Long-term borrowings (note 12)	`LongTermDebtNoncurrent`	$23.08M	USD	Point-in-time
Long-term operating lease liability (note 11)	`OperatingLeaseLiabilityNoncurrent`	$2.12M	USD	Point-in-time
Long-term operating lease liability (note 11)	`OperatingLeaseLiabilityNoncurrent`	$2.88M	USD	Point-in-time
Deferred tax liability (note 21)	`DeferredIncomeTaxLiabilitiesNet`	$1.29M	USD	Point-in-time
Deferred tax liability (note 21)	`DeferredIncomeTaxLiabilitiesNet`	$1.29M	USD	Point-in-time
Other long-term liabilities (note 13)	`OtherLiabilitiesNoncurrent`	$5.30M	USD	Point-in-time
Other long-term liabilities (note 13)	`OtherLiabilitiesNoncurrent`	$8.03M	USD	Point-in-time
Total liabilities	`Liabilities`	$227.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$133.09M	USD	Point-in-time
Commitments and contingencies (note 21)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (note 21)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$102.00M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$110.78M	USD	Point-in-time
Accumulated surplus	`RetainedEarningsAccumulatedDeficit`	$34.29M	USD	Point-in-time
Accumulated surplus	`RetainedEarningsAccumulatedDeficit`	$56.48M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$5.76M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$4.86M	USD	Point-in-time
Total ACM Research, Inc. stockholders' equity	`StockholdersEquity`	$173.02M	USD	Point-in-time
Total ACM Research, Inc. stockholders' equity	`StockholdersEquity`	$141.15M	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$67.02M	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$69.49M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$150.99M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$229.56M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$190.72M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$242.51M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$208.17M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$97.32M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$341.26M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$469.51M	USD	Point-in-time

Income Statement 112 line items

Line Item	Tag	Value	Unit	Period
Revenue (note 3)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$111.06M	USD	3 Qtrs
Revenue (note 3)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$67.01M	USD	1 Quarter
Revenue (note 3)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$164.61M	USD	3 Qtrs
Revenue (note 3)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$47.66M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$61.14M	USD	3 Qtrs
Cost of revenue	`CostOfRevenue`	$95.20M	USD	3 Qtrs
Cost of revenue	`CostOfRevenue`	$27.32M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$37.33M	USD	1 Quarter
Gross profit	`GrossProfit`	$20.34M	USD	1 Quarter
Gross profit	`GrossProfit`	$69.41M	USD	3 Qtrs
Gross profit	`GrossProfit`	$29.68M	USD	1 Quarter
Gross profit	`GrossProfit`	$49.92M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$3.92M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$6.36M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$11.52M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$17.46M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$13.24M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$7.86M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$21.29M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$4.34M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$3.67M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$9.10M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$4.57M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$11.08M	USD	3 Qtrs
Total operating expenses, net	`OperatingExpenses`	$17.89M	USD	1 Quarter
Total operating expenses, net	`OperatingExpenses`	$33.87M	USD	3 Qtrs
Total operating expenses, net	`OperatingExpenses`	$49.83M	USD	3 Qtrs
Total operating expenses, net	`OperatingExpenses`	$12.84M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$16.06M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$19.58M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$7.51M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$11.79M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$33.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$834.00K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$113.00K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$179.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$191.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$272.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$574.00K	USD	3 Qtrs
Interest expense	`InterestExpense`	$611.00K	USD	3 Qtrs
Change in fair value of financial liability	`IncreaseDecreaseInFinancialLiabilityCarriedAtFairValue`	-	USD	1 Quarter
Change in fair value of financial liability	`IncreaseDecreaseInFinancialLiabilityCarriedAtFairValue`	$6.53M	USD	1 Quarter
Change in fair value of financial liability	`IncreaseDecreaseInFinancialLiabilityCarriedAtFairValue`	$11.96M	USD	3 Qtrs
Change in fair value of financial liability	`IncreaseDecreaseInFinancialLiabilityCarriedAtFairValue`	-	USD	3 Qtrs
Unrealized gain (loss) on trading securities	`MarketableSecuritiesUnrealizedGainLoss`	$-919.00K	USD	1 Quarter
Unrealized gain (loss) on trading securities	`MarketableSecuritiesUnrealizedGainLoss`	$8.97M	USD	3 Qtrs
Unrealized gain (loss) on trading securities	`MarketableSecuritiesUnrealizedGainLoss`	$8.97M	USD	1 Quarter
Unrealized gain (loss) on trading securities	`MarketableSecuritiesUnrealizedGainLoss`	$1.82M	USD	3 Qtrs
Other income (expenses), net	`OtherNonoperatingIncomeExpense`	$-1.76M	USD	1 Quarter
Other income (expenses), net	`OtherNonoperatingIncomeExpense`	$-933.00K	USD	3 Qtrs
Other income (expenses), net	`OtherNonoperatingIncomeExpense`	$-255.00K	USD	1 Quarter
Other income (expenses), net	`OtherNonoperatingIncomeExpense`	$-683.00K	USD	3 Qtrs
Equity income in net income of affiliates	`IncomeLossFromEquityMethodInvestments`	$182.00K	USD	1 Quarter
Equity income in net income of affiliates	`IncomeLossFromEquityMethodInvestments`	$1.04M	USD	3 Qtrs
Equity income in net income of affiliates	`IncomeLossFromEquityMethodInvestments`	$539.00K	USD	3 Qtrs
Equity income in net income of affiliates	`IncomeLossFromEquityMethodInvestments`	$421.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$8.27M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$10.88M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$21.29M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$12.89M	USD	3 Qtrs
Income tax benefit (expense) (note 21)	`IncomeTaxExpenseBenefit`	$-3.02M	USD	3 Qtrs
Income tax benefit (expense) (note 21)	`IncomeTaxExpenseBenefit`	$416.00K	USD	3 Qtrs
Income tax benefit (expense) (note 21)	`IncomeTaxExpenseBenefit`	$-1.75M	USD	1 Quarter
Income tax benefit (expense) (note 21)	`IncomeTaxExpenseBenefit`	$-266.00K	USD	1 Quarter
Net income	`ProfitLoss`	$12.48M	USD	3 Qtrs
Net income	`ProfitLoss`	$11.15M	USD	1 Quarter
Net income	`ProfitLoss`	$24.31M	USD	3 Qtrs
Net income	`ProfitLoss`	$10.02M	USD	1 Quarter
Less: Net income attributable to non-controlling interests and redeemable non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.23M	USD	3 Qtrs
Less: Net income attributable to non-controlling interests and redeemable non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.11M	USD	3 Qtrs
Less: Net income attributable to non-controlling interests and redeemable non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.39M	USD	1 Quarter
Less: Net income attributable to non-controlling interests and redeemable non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$995.00K	USD	1 Quarter
Net income available to common stockholders, basic and diluted	`NetIncomeLoss`	$8.63M	USD	1 Quarter
Net income available to common stockholders, basic and diluted	`NetIncomeLoss`	$10.25M	USD	3 Qtrs
Net income available to common stockholders, basic and diluted	`NetIncomeLoss`	$22.19M	USD	3 Qtrs
Net income available to common stockholders, basic and diluted	`NetIncomeLoss`	$10.15M	USD	1 Quarter
Net income	`ProfitLoss`	$11.15M	USD	1 Quarter
Net income	`ProfitLoss`	$24.31M	USD	3 Qtrs
Net income	`ProfitLoss`	$10.02M	USD	1 Quarter
Net income	`ProfitLoss`	$12.48M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.26M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-409.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$4.10M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$5.76M	USD	1 Quarter
Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$16.58M	USD	3 Qtrs
Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$25.57M	USD	3 Qtrs
Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$15.78M	USD	1 Quarter
Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$10.74M	USD	1 Quarter
Less: Comprehensive income attributable to non-controlling interests and redeemable non-controlling interests	`ComprehensiveIncomeLossAttributableToNonControllingInterestsAndRedeemableNonControllingInterests`	$757.00K	USD	1 Quarter
Less: Comprehensive income attributable to non-controlling interests and redeemable non-controlling interests	`ComprehensiveIncomeLossAttributableToNonControllingInterestsAndRedeemableNonControllingInterests`	$3.61M	USD	3 Qtrs
Less: Comprehensive income attributable to non-controlling interests and redeemable non-controlling interests	`ComprehensiveIncomeLossAttributableToNonControllingInterestsAndRedeemableNonControllingInterests`	$2.70M	USD	1 Quarter
Less: Comprehensive income attributable to non-controlling interests and redeemable non-controlling interests	`ComprehensiveIncomeLossAttributableToNonControllingInterestsAndRedeemableNonControllingInterests`	$2.47M	USD	3 Qtrs
Comprehensive income attributable to ACM Research, Inc.	`ComprehensiveIncomeNetOfTax`	$9.98M	USD	1 Quarter
Comprehensive income attributable to ACM Research, Inc.	`ComprehensiveIncomeNetOfTax`	$13.08M	USD	1 Quarter
Comprehensive income attributable to ACM Research, Inc.	`ComprehensiveIncomeNetOfTax`	$23.09M	USD	3 Qtrs
Comprehensive income attributable to ACM Research, Inc.	`ComprehensiveIncomeNetOfTax`	$12.96M	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.16	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.57	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.52	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.47	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.48	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.46	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.02	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.40	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	19.42M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	19.11M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	18.20M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	18.12M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	21.56M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	21.26M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	21.73M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	22.04M	shares	1 Quarter

Cash Flow Statement 103 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$24.31M	USD	3 Qtrs
Net income	`ProfitLoss`	$10.02M	USD	1 Quarter
Net income	`ProfitLoss`	$12.48M	USD	3 Qtrs
Net income	`ProfitLoss`	$11.15M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$774.00K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$1.60M	USD	3 Qtrs
Loss on disposals of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	3 Qtrs
Loss on disposals of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-1.00K	USD	3 Qtrs
Equity income in net income of affiliates	`IncomeLossFromEquityMethodInvestments`	$539.00K	USD	3 Qtrs
Equity income in net income of affiliates	`IncomeLossFromEquityMethodInvestments`	$421.00K	USD	1 Quarter
Equity income in net income of affiliates	`IncomeLossFromEquityMethodInvestments`	$182.00K	USD	1 Quarter
Equity income in net income of affiliates	`IncomeLossFromEquityMethodInvestments`	$1.04M	USD	3 Qtrs
Unrealized gain on trading securities	`MarketableSecuritiesUnrealizedGainLoss`	$1.82M	USD	3 Qtrs
Unrealized gain on trading securities	`MarketableSecuritiesUnrealizedGainLoss`	$8.97M	USD	1 Quarter
Unrealized gain on trading securities	`MarketableSecuritiesUnrealizedGainLoss`	$-919.00K	USD	1 Quarter
Unrealized gain on trading securities	`MarketableSecuritiesUnrealizedGainLoss`	$8.97M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-4.63M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-4.67M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$4.32M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$3.82M	USD	3 Qtrs
Change in fair value of financial liability	`ChangeInFairValueOfFinancialLiability`	$11.96M	USD	3 Qtrs
Change in fair value of financial liability	`ChangeInFairValueOfFinancialLiability`	-	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$28.14M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$27.57M	USD	3 Qtrs
Other receivables	`IncreaseDecreaseInOtherReceivables`	$3.51M	USD	3 Qtrs
Other receivables	`IncreaseDecreaseInOtherReceivables`	$3.23M	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$18.36M	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$87.61M	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$1.62M	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$3.37M	USD	3 Qtrs
Other long-term assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$839.00K	USD	3 Qtrs
Other long-term assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$3.75M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$57.28M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$22.02M	USD	3 Qtrs
Advances from customers	`IncreaseDecreaseInContractWithCustomerLiability`	$34.88M	USD	3 Qtrs
Advances from customers	`IncreaseDecreaseInContractWithCustomerLiability`	$-1.14M	USD	3 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$1.20M	USD	3 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$389.00K	USD	3 Qtrs
Other payables and accrued expenses	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$5.96M	USD	3 Qtrs
Other payables and accrued expenses	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$5.94M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$819.00K	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$2.40M	USD	3 Qtrs
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$2.17M	USD	3 Qtrs
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-3.40M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-3.82M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-8.04M	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.06M	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.58M	USD	3 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$418.00K	USD	3 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$81.00K	USD	3 Qtrs
Purchase of land-use-right	`PaymentsToAcquireOfLandUseRight`	$9.33M	USD	3 Qtrs
Purchase of land-use-right	`PaymentsToAcquireOfLandUseRight`	-	USD	3 Qtrs
Prepayment for property	`PrePaymentForProperty`	$6.98M	USD	3 Qtrs
Prepayment for property	`PrePaymentForProperty`	-	USD	3 Qtrs
Purchase of trading securities	`PaymentsToAcquireMarketableSecurities`	-	USD	3 Qtrs
Purchase of trading securities	`PaymentsToAcquireMarketableSecurities`	$14.68M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-34.65M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-5.48M	USD	3 Qtrs
Proceeds from short-term borrowings	`ProceedsFromShortTermDebt`	$31.07M	USD	3 Qtrs
Proceeds from short-term borrowings	`ProceedsFromShortTermDebt`	$17.99M	USD	3 Qtrs
Repayments of short-term borrowings	`RepaymentsOfLinesOfCredit`	$16.88M	USD	3 Qtrs
Repayments of short-term borrowings	`RepaymentsOfLinesOfCredit`	$28.99M	USD	3 Qtrs
Proceeds from long-term borrowings	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	3 Qtrs
Proceeds from long-term borrowings	`ProceedsFromIssuanceOfLongTermDebt`	$6.94M	USD	3 Qtrs
Repayments of long-term borrowings	`RepaymentsOfLongTermBorrowing`	$1.19M	USD	3 Qtrs
Repayments of long-term borrowings	`RepaymentsOfLongTermBorrowing`	-	USD	3 Qtrs
Repayments of notes payable	`RepaymentsOfNotesPayable`	$1.82M	USD	3 Qtrs
Repayments of notes payable	`RepaymentsOfNotesPayable`	-	USD	3 Qtrs
Proceeds from stock option exercise to common stock	`ProceedsFromStockOptionsExercised`	$2.19M	USD	3 Qtrs
Proceeds from stock option exercise to common stock	`ProceedsFromStockOptionsExercised`	$3.13M	USD	3 Qtrs
Proceeds from warrant exercise to common stock	`ProceedsFromWarrantExercises`	-	USD	3 Qtrs
Proceeds from warrant exercise to common stock	`ProceedsFromWarrantExercises`	$1.82M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-305.00K	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$14.56M	USD	3 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.48M	USD	3 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.87M	USD	3 Qtrs
Net (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-6.73M	USD	3 Qtrs
Net (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-25.66M	USD	3 Qtrs
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$71.77M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$65.04M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$117.86M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$92.20M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$71.77M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$65.04M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$117.86M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$92.20M	USD	Point-in-time
Interest paid, net of capitalized interest	`InterestPaidNet`	$611.00K	USD	3 Qtrs
Interest paid, net of capitalized interest	`InterestPaidNet`	$574.00K	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$4.61M	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$606.00K	USD	3 Qtrs
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$65.04M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$71.77M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$92.20M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	-	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	-	USD	Point-in-time
Warrant conversion to common stock	`WarrantConversionToCommonStock`	-	USD	3 Qtrs
Warrant conversion to common stock	`WarrantConversionToCommonStock`	$399.00K	USD	3 Qtrs
Share cancellation	`ShareCancellation`	$9.71M	USD	3 Qtrs
Share cancellation	`ShareCancellation`	-	USD	3 Qtrs
Cashless exercise of stock options	`CashlessExerciseOfStockOptions`	-	USD	3 Qtrs
Cashless exercise of stock options	`CashlessExerciseOfStockOptions`	$118.00K	USD	3 Qtrs
Issuance of warrant for settlement of financial liability and cancellation of note receivable	`IssuanceOfWarrantForSettlementOfFinancialLiability`	$19.86M	USD	3 Qtrs
Issuance of warrant for settlement of financial liability and cancellation of note receivable	`IssuanceOfWarrantForSettlementOfFinancialLiability`	-	USD	3 Qtrs

Stockholders Equity 36 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$150.99M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$229.56M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$190.72M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$242.51M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$208.17M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$97.32M	USD	Point-in-time
Net income	`NetIncomeExcludingRedeemableNonControllingInterest`	$24.31M	USD	3 Qtrs
Net income	`NetIncomeExcludingRedeemableNonControllingInterest`	$11.15M	USD	1 Quarter
Net income	`NetIncomeExcludingRedeemableNonControllingInterest`	$10.02M	USD	1 Quarter
Net income	`NetIncomeExcludingRedeemableNonControllingInterest`	$11.84M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-409.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$5.76M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$1.26M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$4.95M	USD	3 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.19M	USD	3 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.13M	USD	3 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.32M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$932.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.78M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.32M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.82M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.28M	USD	1 Quarter
Conversion of class B common stock to Class A common stock	`StockIssuedDuringPeriodValueConversionOfUnits`	-	USD	3 Qtrs
Conversion of class B common stock to Class A common stock	`StockIssuedDuringPeriodValueConversionOfUnits`	-	USD	3 Qtrs
Share cancellation	`StockRepurchasedAndRetiredDuringPeriodValue`	$9.71M	USD	3 Qtrs
Issuance of warrants (note 15)	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$19.86M	USD	1 Quarter
Issuance of warrants (note 15)	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$19.86M	USD	3 Qtrs
Exercise of stock warrants	`StockIssuedDuringPeriodValueCommonStockWarrantExercised`	$1.82M	USD	3 Qtrs
Exercise of stock warrants	`StockIssuedDuringPeriodValueCommonStockWarrantExercised`	-	USD	3 Qtrs
Reclassification of redeemable non-controlling interest	`ReclassificationOfRedeemableNonControllingInterest`	$59.96M	USD	3 Qtrs
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$150.99M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$229.56M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$190.72M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$242.51M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$208.17M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$97.32M	USD	Point-in-time

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