XML 27 R6.htm IDEA: XBRL DOCUMENT v3.23.1
Consolidated Statements of Cash Flow
¥ in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2022
CNY (¥)
Dec. 31, 2022
USD ($)
Dec. 31, 2021
CNY (¥)
Dec. 31, 2020
CNY (¥)
CASH FLOWS FROM OPERATING ACTIVITIES        
Net loss ¥ (329,331) $ (47,748) ¥ (313,896) ¥ (92,041)
Adjustments to reconcile net loss to net cash used in operating activities:        
Depreciation of property and equipment 8,478 1,229 7,427 5,785
Amortization of intangible assets 439 64 346 407
Amortization of right-of-use assets 11,976 1,736    
Deferred income tax expense       184
Share-based compensation 96,898 14,049 121,131 54,857
Clawback of shares under share incentive plan (383) (56)    
Loss on disposal of intangible assets       72
Loss (gains) on disposal of property and equipment (103) (15) 820 456
Gain on disposal of long-term investment       (288)
Amortization of debt discounts 1,674 243    
Interest and investment income (3,131) (454) (1,367)  
Loss (income) from an equity method investment (196) (28) 276 52
Impairment of long-lived assets     1,627  
Allowance for doubtful accounts 47,784 6,928 56,517 13,313
Write-downs of inventories 956 139 2,640  
Foreign exchange loss 1,488 216 827  
Changes in operating assets and liabilities:        
Accounts receivable (10,072) (1,460) 39,336 (134,678)
Unbilled revenue     2,800 4,281
Cost and estimated earnings in excess of billings       13,495
Inventories (3,257) (473) (38,607) (29,269)
Prepayments and other current assets (22,942) (3,326) (12,972) (5,001)
Amounts due from a related party 1,360 197 1,279 (2,639)
Other non-current assets       (16,155)
Accounts payable (10,104) (1,465) (7,748) 26,611
Contract liabilities 4,490 651 7,051 (2,426)
Accrued expenses and other liabilities 36,252 5,256 11,370 7,667
Lease liabilities (8,783) (1,273)    
Deferred income 1,521 221 (60) 3,720
Deferred government subsidies 1,525 221 (430) (80)
Income taxes payable 3   4 (5)
Unrecognized tax benefits       (14)
Net cash flow used in operating activities (173,458) (25,148) (121,629) (151,696)
CASH FLOWS FROM INVESTING ACTIVITIES        
Deconsolidation of a subsidiary       (54)
Purchase of short-term investments (76,807) (11,136) (157,761) (115,364)
Proceeds from maturities of short-term investments 151,388 21,949 140,756 71,996
Purchase of property and equipment (12,166) (1,764) (15,645) (8,742)
Proceeds from disposal of property and equipment 188 27   192
Acquisition of intangible assets (1,653) (240) (51) (337)
Cash paid for long-term investment (4,550) (660) (700)  
Loans to third parties       (53,900)
Repayment of loan to a third party       40,000
Net cash flow (used in) provided by investing activities 56,400 8,176 (33,401) (66,209)
CASH FLOWS FROM FINANCING ACTIVITIES        
Proceeds from short-term bank loans 49,794 7,219 10,000 15,000
Repayment of short-term bank loans (10,000) (1,450) (15,000) (5,000)
Proceeds from long-term bank loans     20,000  
Repayment of a Long-term bank loan (3,000) (435)    
Repayment of loans from third parties     (5,000) (2,000)
Proceeds from the private placement 69,861 10,129    
Proceeds from mandatorily redeemable non-controlling interests of a subsidiary       40,000
Proceeds from issuance of a subsidiary's equity to a non-controlling interest holder 85 12   2,023
Shares issued upon vesting of restricted share units     2  
Proceeds from issuance of Class A ordinary shares, net of issuance costs     256,945 7,313
Payment of underwriters' exercise of over-allotment option's issuance costs       (750)
Payment of issuance costs for IPO       (13,906)
Net cash provided by financing activities 106,740 15,475 266,947 42,680
Effect of exchange rate changes on cash, cash equivalents and restricted cash 12,605 1,828 (5,067) (6,264)
Net (decrease) increase in cash, cash equivalents and restricted cash 2,287 332 106,850 (181,489)
Cash, cash equivalents and restricted cash at the beginning of the year 247,023 35,815 140,173 321,662
Cash, cash equivalents and restricted cash at the end of the year 249,310 36,147 247,023 140,173
Supplemental disclosures of cash flow information:        
Interest paid 1,502 218 1,178 342
Income taxes paid 79 11 342 40
Non-cash investing and financing activities:        
Long-term loan from a third party settled by accounts receivable     25,000  
Purchase of property and equipment included in Accrued expenses and other liabilities 3,327 482 1,228 4,967
Unpaid issuance costs for issuance of Class A ordinary shares pursuant to underwriters' exercise of overallotment option included in Accrued expenses and other liabilities       812
Reconciliation of cash, cash equivalents and restricted cash:        
Cash and cash equivalents at the end of year 249,310 36,147 246,863 137,840
Restricted cash     160 2,333
Cash, cash equivalents and restricted cash at the end of the year ¥ 249,310 $ 36,147 ¥ 247,023 140,173
Series C Convertible Redeemable Preferred Stock [Member]        
Non-cash investing and financing activities:        
Issuance costs       48
IPO [Member]        
Non-cash investing and financing activities:        
Issuance costs       ¥ 821