XML 23 R5.htm IDEA: XBRL DOCUMENT v3.24.1
Consolidated Statements of Convertible Preferred Stock and Equity - USD ($)
$ in Thousands
Total
Convertible Preferred Stock
Common Stock
Additional Paid-In Capital
Statutory Reserve
Retained Earnings (Accumulated Deficit)
Accumulated Other Comprehensive Income (Loss)
Total Gyre Stockholders' Equity (Deficit)
Non-controlling Interest
Balance at Dec. 31, 2021 $ 59,465   $ 64 $ 25,315 $ 1,413 $ 6,340 $ 2,366 $ 35,498 $ 23,967
Balance (in shares) at Dec. 31, 2021     63,588,119            
Appropriation of statutory reserve         1,247 (1,247)      
Stock-based compensation expense $ 13,366     7,480       7,480 5,886
Stock options exercised (in shares) 0                
Foreign currency translation adjustments $ (4,928)           (2,758) (2,758) (2,170)
Net (loss) income 4,314         2,302   2,302 2,012
Balance at Dec. 31, 2022 72,217   $ 64 32,795 2,660 7,395 (392) 42,522 29,695
Balance (in shares) at Dec. 31, 2022     63,588,119            
Temporary Equity, Balance (in shares) at Dec. 31, 2022                
Deemed issuance of common stock and Convertible Preferred Stock to former stockholders of Catalyst upon the GNI USA Contributions 21,249   $ 3 21,246       21,249  
Deemed issuance of common stock and Convertible Preferred Stock to former stockholders of Catalyst upon the GNI USA Contributions (in shares)     2,531,851            
Deemed issuance of common stock and Convertible Preferred Stock to former stockholders of Catalyst upon the GNI USA Contributions   $ 63,099              
Deemed issuance of common stock and Convertible Preferred Stock to former stockholders of Catalyst upon the GNI USA Contributions (in shares)   12,340              
Acquisition of minority interest     $ 10 7,845 438   (415) 7,878 (7,878)
Acquisition of minority interest (in shares)     10,463,627            
Issuance of Preferred Stock upon Private Placement   $ 1,426              
Issuance of Preferred Stock upon Private Placement (in shares)   811              
Stock-based compensation expense 7,281     6,127       6,127 1,154
Stock options exercised $ 166     166       166  
Stock options exercised (in shares) 12,059   12,019            
Foreign currency translation adjustments $ (1,484)           (837) (837) (647)
Net (loss) income (85,480)         (92,933)   (92,933) 7,453
Balance at Dec. 31, 2023 $ 13,949   $ 77 $ 68,179 $ 3,098 $ (85,538) $ (1,644) $ (15,828) $ 29,777
Balance (in shares) at Dec. 31, 2023     76,595,616            
Temporary Equity, Balance at Dec. 31, 2023   $ 64,525              
Temporary Equity, Balance (in shares) at Dec. 31, 2023   13,151