20-F Filing

GIGACLOUD TECHNOLOGY INC CIK: 1857816 FY 2022

Filing Information

Form Type	20-F
Accession Number	`0001193125-23-112830`
Period End Date	20221231
Filing Date	20230424
Fiscal Year	2022
Fiscal Period	FY
XBRL Instance	d353289d20f_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 86 Income Statement 78 Cash Flow Statement 104 Stockholders Equity 26

Balance Sheet 86 line items

Line Item	Tag	Value	Unit	Period
Cash	`CashAndCashEquivalentsAtCarryingValue`	$143.53M	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$63.20M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$664.00K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$1.54M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$25.14M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$31.57M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$2.00M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$3.69M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$27.14M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$18.04M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$27.65M	USD	Point-in-time
Inventories	`InventoryNet`	$81.44M	USD	Point-in-time
Inventories	`InventoryNet`	$78.34M	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxes`	$8.15M	USD	Point-in-time
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$9.08M	USD	Point-in-time
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$7.57M	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxes`	$4.14M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$258.12M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherCurrentLiabilities`	$37.06M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherCurrentLiabilities`	$19.72M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$172.42M	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$116.56M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$144.17M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$11.07M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$13.05M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$75.00K	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$72.00K	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$3.21M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$3.18M	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$14.36M	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$160.48M	USD	Point-in-time
Total assets	`Assets`	$186.78M	USD	Point-in-time
Total assets	`Assets`	$418.60M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.05	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.05	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	38.57M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	38.57M	shares	Point-in-time
Current portion of long-term borrowings	`DebtCurrent`	$207.00K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	11.08M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	9.50M	shares	Point-in-time
Current portion of long-term borrowings	`DebtCurrent`	$345.00K	USD	Point-in-time
Accounts payable (including accounts payable of VIEs without recourse to the Company of US$1,433 and US$4,185 as of December 31, 2021 and 2022, respectively)	`AccountsPayableCurrent`	$31.57M	USD	Point-in-time
Accounts payable (including accounts payable of VIEs without recourse to the Company of US$1,433 and US$4,185 as of December 31, 2021 and 2022, respectively)	`AccountsPayableCurrent`	$25.14M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	9.50M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	11.08M	shares	Point-in-time
Contract liabilities (including contract liabilities of VIEs without recourse to the Company of US$394 and US$385 as of December 31, 2021 and 2022, respectively)	`ContractWithCustomerLiabilityCurrent`	$2.00M	USD	Point-in-time
Contract liabilities (including contract liabilities of VIEs without recourse to the Company of US$394 and US$385 as of December 31, 2021 and 2022, respectively)	`ContractWithCustomerLiabilityCurrent`	$3.69M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	4.62M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	0.00	shares	Point-in-time
Current operating lease liabilities (including current operating lease liabilities of VIEs without recourse to the Company of nil and US$1,864 as of December 31, 2021 and December 31, 2022, respectively)	`OperatingLeaseLiabilityCurrent`	$27.65M	USD	Point-in-time
Income tax payable (including income tax payable of VIEs without recourse to the Company of US$78 and US$280 as of December 31, 2021 and 2022, respectively)	`AccruedIncomeTaxes`	$8.15M	USD	Point-in-time
Income tax payable (including income tax payable of VIEs without recourse to the Company of US$78 and US$280 as of December 31, 2021 and 2022, respectively)	`AccruedIncomeTaxes`	$4.14M	USD	Point-in-time
Accrued expenses and other current liabilities (including accrued expenses and other current liabilities of VIEs without recourse to the Company of US$341 and US$442 as of December 31, 2021 and 2022, respectively)	`AccruedLiabilitiesAndOtherCurrentLiabilities`	$19.72M	USD	Point-in-time
Accrued expenses and other current liabilities (including accrued expenses and other current liabilities of VIEs without recourse to the Company of US$341 and US$442 as of December 31, 2021 and 2022, respectively)	`AccruedLiabilitiesAndOtherCurrentLiabilities`	$37.06M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$102.64M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$57.04M	USD	Point-in-time
Long-term borrowings	`LongTermDebtNoncurrent`	-	USD	Point-in-time
Long-term borrowings	`LongTermDebtNoncurrent`	$237.00K	USD	Point-in-time
Operating lease liabilities, non-current (including operating lease liabilities, non-current of VIEs without recourse to the Company of nil and US$3,322 as of December 31, 2021 and December 31, 2022, respectively)	`OperatingLeaseLiabilityNoncurrent`	$116.56M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$472.00K	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$286.00K	USD	Point-in-time
Finance lease obligations, non-current	`FinanceLeaseLiabilityNoncurrent`	$867.00K	USD	Point-in-time
Finance lease obligations, non-current	`FinanceLeaseLiabilityNoncurrent`	$2.35M	USD	Point-in-time
Non-current income tax payable	`AccruedIncomeTaxesNoncurrent`	$2.89M	USD	Point-in-time
Non-current income tax payable	`AccruedIncomeTaxesNoncurrent`	$1.03M	USD	Point-in-time
Total non-current liabilities	`LiabilitiesNoncurrent`	$3.90M	USD	Point-in-time
Total non-current liabilities	`LiabilitiesNoncurrent`	$120.80M	USD	Point-in-time
Total liabilities	`Liabilities`	$60.95M	USD	Point-in-time
Total liabilities	`Liabilities`	$223.44M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Total mezzanine equity	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$26.65M	USD	Point-in-time
Ordinary shares	`CommonStockValue`	$554.00K	USD	Point-in-time
Treasury shares, at cost (nil and 4,624,039 shares held as of December 31, 2021 and December 31, 2022, respectively)	`TreasuryStockValue`	$231.00K	USD	Point-in-time
Subscription receivable from ordinary shares	`CommonStockShareSubscribedButUnissuedSubscriptionsReceivable`	$79.00K	USD	Point-in-time
Subscription receivable from ordinary shares	`CommonStockShareSubscribedButUnissuedSubscriptionsReceivable`	$81.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$37.44M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$109.05M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-165.00K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$804.00K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$83.59M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$60.56M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$99.18M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$195.16M	USD	Point-in-time
Total liabilities, mezzanine equity and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$418.60M	USD	Point-in-time
Total liabilities, mezzanine equity and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$186.78M	USD	Point-in-time

Income Statement 78 line items

Line Item	Tag	Value	Unit	Period
Other Comprehensive Income (Loss), Tax	`OtherComprehensiveIncomeLossTax`	-	USD	Annual
Other Comprehensive Income (Loss), Tax	`OtherComprehensiveIncomeLossTax`	-	USD	Annual
Other Comprehensive Income (Loss), Tax	`OtherComprehensiveIncomeLossTax`	-	USD	Annual
Revenues	`Revenues`	$275.48M	USD	Annual
Revenues	`Revenues`	$414.20M	USD	Annual
Revenues	`Revenues`	$490.07M	USD	Annual
Cost of revenues	`CostOfRevenues`	$324.60M	USD	Annual
Cost of revenues	`CostOfRevenues`	$406.96M	USD	Annual
Cost of revenues	`CostOfRevenues`	$200.36M	USD	Annual
Gross profit	`GrossProfit`	$89.60M	USD	Annual
Gross profit	`GrossProfit`	$83.11M	USD	Annual
Gross profit	`GrossProfit`	$75.12M	USD	Annual
Selling and marketing expenses	`SellingAndMarketingExpense`	$25.73M	USD	Annual
Selling and marketing expenses	`SellingAndMarketingExpense`	$22.21M	USD	Annual
Selling and marketing expenses	`SellingAndMarketingExpense`	$24.04M	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$24.52M	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$22.63M	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$8.72M	USD	Annual
Research and development expenses	`ResearchAndDevelopmentExpense`	-	USD	Annual
Research and development expenses	`ResearchAndDevelopmentExpense`	-	USD	Annual
Research and development expenses	`ResearchAndDevelopmentExpense`	$1.43M	USD	Annual
Total operating expenses	`OperatingExpenses`	$50.24M	USD	Annual
Total operating expenses	`OperatingExpenses`	$48.09M	USD	Annual
Total operating expenses	`OperatingExpenses`	$30.93M	USD	Annual
Operating income	`OperatingIncomeLoss`	$35.02M	USD	Annual
Operating income	`OperatingIncomeLoss`	$39.35M	USD	Annual
Operating income	`OperatingIncomeLoss`	$44.18M	USD	Annual
Interest expense	`InterestExpense`	$309.00K	USD	Annual
Interest expense	`InterestExpense`	$568.00K	USD	Annual
Interest expense	`InterestExpense`	$46.00K	USD	Annual
Interest income	`GainLossOnInvestments`	$472.00K	USD	Annual
Interest income	`GainLossOnInvestments`	$58.00K	USD	Annual
Interest income	`GainLossOnInvestments`	$537.00K	USD	Annual
Foreign currency exchange gains (losses), net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-2.01M	USD	Annual
Foreign currency exchange gains (losses), net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-4.85M	USD	Annual
Foreign currency exchange gains (losses), net	`ForeignCurrencyTransactionGainLossBeforeTax`	$1.02M	USD	Annual
Government grants	`IncomeFromGovernmentGrants`	-	USD	Annual
Government grants	`IncomeFromGovernmentGrants`	$1.08M	USD	Annual
Government grants	`IncomeFromGovernmentGrants`	-	USD	Annual
Others, net	`OtherNonoperatingIncomeExpense`	$56.00K	USD	Annual
Others, net	`OtherNonoperatingIncomeExpense`	$156.00K	USD	Annual
Others, net	`OtherNonoperatingIncomeExpense`	$6.00K	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$45.27M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$37.73M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$31.16M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$7.19M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$8.47M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$7.82M	USD	Annual
Net income	`NetIncomeLoss`	$37.45M	USD	Annual
Net income	`NetIncomeLoss`	$23.97M	USD	Annual
Net income	`NetIncomeLoss`	$29.26M	USD	Annual
Accretion of Redeemable Convertible Preferred Shares	`TemporaryEquityAccretionToRedemptionValueAdjustment`	$152.00K	USD	Annual
Accretion of Redeemable Convertible Preferred Shares	`TemporaryEquityAccretionToRedemptionValueAdjustment`	$941.00K	USD	Annual
Accretion of Redeemable Convertible Preferred Shares	`TemporaryEquityAccretionToRedemptionValueAdjustment`	$1.50M	USD	Annual
Net income attributable to ordinary shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$37.30M	USD	Annual
Net income attributable to ordinary shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$27.76M	USD	Annual
Net income attributable to ordinary shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$23.03M	USD	Annual
Foreign currency translation adjustment, net of nil income taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-364.00K	USD	Annual
Foreign currency translation adjustment, net of nil income taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$969.00K	USD	Annual
Foreign currency translation adjustment, net of nil income taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$123.00K	USD	Annual
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$969.00K	USD	Annual
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-364.00K	USD	Annual
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$123.00K	USD	Annual
Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$37.09M	USD	Annual
Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$29.38M	USD	Annual
Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$24.94M	USD	Annual
Net income per ordinary share, Basic	`EarningsPerShareBasic`	$0.88	USD	Annual
Net income per ordinary share, Basic	`EarningsPerShareBasic`	$1.36	USD	Annual
Net income per ordinary share, Basic	`EarningsPerShareBasic`	$0.60	USD	Annual
Net income per ordinary share, Diluted	`EarningsPerShareDiluted`	$0.60	USD	Annual
Net income per ordinary share, Diluted	`EarningsPerShareDiluted`	$1.36	USD	Annual
Net income per ordinary share, Diluted	`EarningsPerShareDiluted`	$0.88	USD	Annual
Weighted average number of ordinary shares outstanding used in computing net income per ordinary share, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	24.41M	shares	Annual
Weighted average number of ordinary shares outstanding used in computing net income per ordinary share, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	10.25M	shares	Annual
Weighted average number of ordinary shares outstanding used in computing net income per ordinary share, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	9.50M	shares	Annual
Weighted average number of ordinary shares outstanding used in computing net income per ordinary share, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	9.50M	shares	Annual
Weighted average number of ordinary shares outstanding used in computing net income per ordinary share, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.41M	shares	Annual
Weighted average number of ordinary shares outstanding used in computing net income per ordinary share, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	10.25M	shares	Annual

Cash Flow Statement 104 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$37.45M	USD	Annual
Net income	`NetIncomeLoss`	$23.97M	USD	Annual
Net income	`NetIncomeLoss`	$29.26M	USD	Annual
Allowance for doubtful accounts	`ProvisionForDoubtfulAccounts`	$86.00K	USD	Annual
Allowance for doubtful accounts	`ProvisionForDoubtfulAccounts`	$11.00K	USD	Annual
Allowance for doubtful accounts	`ProvisionForDoubtfulAccounts`	$87.00K	USD	Annual
Inventory write-down	`InventoryWriteDown`	$1.28M	USD	Annual
Inventory write-down	`InventoryWriteDown`	$48.00K	USD	Annual
Inventory write-down	`InventoryWriteDown`	$318.00K	USD	Annual
Deferred tax	`DeferredIncomeTaxExpenseBenefit`	$131.00K	USD	Annual
Deferred tax	`DeferredIncomeTaxExpenseBenefit`	$618.00K	USD	Annual
Deferred tax	`DeferredIncomeTaxExpenseBenefit`	$183.00K	USD	Annual
Share-based compensation	`ShareBasedCompensation`	$9.20M	USD	Annual
Share-based compensation	`ShareBasedCompensation`	-	USD	Annual
Share-based compensation	`ShareBasedCompensation`	$9.68M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$227.00K	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$775.00K	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.39M	USD	Annual
Loss from disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-4.00K	USD	Annual
Loss from disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	Annual
Loss from disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-17.00K	USD	Annual
Lease expense to reduce right-of-use assets	`OperatingLeaseExpenseIncome`	-	USD	Annual
Lease expense to reduce right-of-use assets	`OperatingLeaseExpenseIncome`	$-6.40M	USD	Annual
Lease expense to reduce right-of-use assets	`OperatingLeaseExpenseIncome`	-	USD	Annual
Unrealized foreign currency exchange losses (gains)	`ForeignCurrencyTransactionGainLossUnrealized`	$-2.01M	USD	Annual
Unrealized foreign currency exchange losses (gains)	`ForeignCurrencyTransactionGainLossUnrealized`	$-2.13M	USD	Annual
Unrealized foreign currency exchange losses (gains)	`ForeignCurrencyTransactionGainLossUnrealized`	$1.02M	USD	Annual
Interest expense of capital lease	`InterestExpenseOfCapitalLease`	$198.00K	USD	Annual
Interest expense of capital lease	`InterestExpenseOfCapitalLease`	$27.00K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-5.90M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$9.16M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$10.12M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$47.15M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$13.86M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-2.79M	USD	Annual
Prepayments and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.72M	USD	Annual
Prepayments and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$5.24M	USD	Annual
Prepayments and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.38M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$6.62M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$4.14M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$6.31M	USD	Annual
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$266.00K	USD	Annual
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$3.06M	USD	Annual
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$-1.69M	USD	Annual
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$1.31M	USD	Annual
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$5.92M	USD	Annual
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-1.53M	USD	Annual
Accrued expenses and other current liabilities	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$208.00K	USD	Annual
Accrued expenses and other current liabilities	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$14.36M	USD	Annual
Accrued expenses and other current liabilities	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$12.00M	USD	Annual
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	-	USD	Annual
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-4.01M	USD	Annual
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	-	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$49.66M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$33.28M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$8.56M	USD	Annual
Cash paid for purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$709.00K	USD	Annual
Cash paid for purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.82M	USD	Annual
Cash paid for purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$654.00K	USD	Annual
Cash received from disposal of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	Annual
Cash received from disposal of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	Annual
Cash received from disposal of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$7.00K	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-709.00K	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-647.00K	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.82M	USD	Annual
Proceeds from issuance of Series E Preferred Shares	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	$25.00M	USD	Annual
Repayment of finance lease obligations	`FinanceLeasePrincipalPayments`	$307.00K	USD	Annual
Repayment of finance lease obligations	`FinanceLeasePrincipalPayments`	$2.53M	USD	Annual
Repayment of finance lease obligations	`FinanceLeasePrincipalPayments`	$3.62M	USD	Annual
Repurchase of vested share-based awards	`PaymentsForRepurchaseOfEquity`	$2.44M	USD	Annual
Repayment of bank loans	`RepaymentsOfBankDebt`	$96.00K	USD	Annual
Repayment of bank loans	`RepaymentsOfBankDebt`	$312.00K	USD	Annual
Repayment of bank loans	`RepaymentsOfBankDebt`	$430.00K	USD	Annual
Repayment of borrowings from a related party	`RepaymentsOfRelatedPartyDebt`	$89.00K	USD	Annual
Proceeds from bank loans	`ProceedsFromBankDebt`	$1.20M	USD	Annual
Proceeds from prepaid consideration of restricted shares	`ProceedsFromPrepaidConsiderationOfRestrictedShares`	$1.58M	USD	Annual
Proceeds from initial public offering, net of IPO costs	`ProceedsFromIssuanceInitialPublicOffering`	$34.24M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.96M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$31.89M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$23.27M	USD	Annual
Effect of foreign currency exchange rate changes on cash and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$735.00K	USD	Annual
Effect of foreign currency exchange rate changes on cash and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-2.11M	USD	Annual
Effect of foreign currency exchange rate changes on cash and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$380.00K	USD	Annual
Net increase in cash and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.67M	USD	Annual
Net increase in cash and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$56.64M	USD	Annual
Net increase in cash and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$81.21M	USD	Annual
Cash and restricted cash at the beginning of the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$63.86M	USD	Point-in-time
Cash and restricted cash at the beginning of the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$62.20M	USD	Point-in-time
Cash and restricted cash at the beginning of the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$145.08M	USD	Point-in-time
Cash and restricted cash at the beginning of the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.55M	USD	Point-in-time
Cash and restricted cash at the end of the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$63.86M	USD	Point-in-time
Cash and restricted cash at the end of the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.55M	USD	Point-in-time
Cash and restricted cash at the end of the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$145.08M	USD	Point-in-time
Cash and restricted cash at the end of the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$62.20M	USD	Point-in-time
Interest expense paid	`InterestPaidNet`	$309.00K	USD	Annual
Interest expense paid	`InterestPaidNet`	$46.00K	USD	Annual
Interest expense paid	`InterestPaidNet`	$568.00K	USD	Annual
Income taxes paid	`IncomeTaxesPaid`	$1.66M	USD	Annual
Income taxes paid	`IncomeTaxesPaid`	$8.54M	USD	Annual
Income taxes paid	`IncomeTaxesPaid`	$7.02M	USD	Annual
Purchase of property and equipment under finance leases	`FairValueOfAssetsAcquired`	$4.09M	USD	Annual
Purchase of property and equipment under finance leases	`FairValueOfAssetsAcquired`	$2.72M	USD	Annual
Purchase of property and equipment under finance leases	`FairValueOfAssetsAcquired`	$2.93M	USD	Annual
Share based awards attributable to the IPO where no cash payment is required	`ShareBasedAwardsAttributableToTheIpoWhereNoCashPaymentIsRequired`	$807.00K	USD	Annual

Stockholders Equity 26 line items

Line Item	Tag	Value	Unit	Period
Other Comprehensive Income (Loss), Tax	`OtherComprehensiveIncomeLossTax`	-	USD	Annual
Other Comprehensive Income (Loss), Tax	`OtherComprehensiveIncomeLossTax`	-	USD	Annual
Other Comprehensive Income (Loss), Tax	`OtherComprehensiveIncomeLossTax`	-	USD	Annual
Begining Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$99.18M	USD	Point-in-time
Begining Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$61.62M	USD	Point-in-time
Begining Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$195.16M	USD	Point-in-time
Begining Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$27.11M	USD	Point-in-time
Net income	`NetIncomeLoss`	$37.45M	USD	Annual
Net income	`NetIncomeLoss`	$23.97M	USD	Annual
Net income	`NetIncomeLoss`	$29.26M	USD	Annual
Repurchase of vested share-based awards	`AdjustmentsToAdditionalPaidInCapitalOther`	$-2.44M	USD	Annual
Accretion of Series E Preferred Shares	`IncreaseInCarryingAmountOfRedeemablePreferredStock`	$1.50M	USD	Annual
Accretion of Series E Preferred Shares	`IncreaseInCarryingAmountOfRedeemablePreferredStock`	$941.00K	USD	Annual
Accretion of Series E Preferred Shares	`IncreaseInCarryingAmountOfRedeemablePreferredStock`	$152.00K	USD	Annual
Foreign currency translation adjustment, net of nil income taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$969.00K	USD	Annual
Foreign currency translation adjustment, net of nil income taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$123.00K	USD	Annual
Foreign currency translation adjustment, net of nil income taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-364.00K	USD	Annual
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$9.89M	USD	Annual
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$9.68M	USD	Annual
Excise of vested share-based awards (Shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	1.59M	shares	Annual
Excise of vested share-based awards	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.06M	USD	Annual
Issuance of Class A ordinary shares upon the IPO	`StockIssuedDuringPeriodValueNewIssues`	$33.44M	USD	Annual
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$99.18M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$61.62M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$195.16M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$27.11M	USD	Point-in-time

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