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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Operating Activities    
Net income (loss) from operations $ 17,898 $ (85,480)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Acquired in-process research and development   83,104
Stock-based compensation 831 7,281
Depreciation and amortization 1,549 1,074
Noncash Lease Expense 672 355
Amortization of land use rights 39 40
Deferred income taxes, net (1,002) (1,160)
Bad debt expense and other non-cash items 170 (61)
Accrued interest on bank deposit (1,046) (633)
Change in fair value of receivables from GCBP (239) (39)
Change in fair value of derivative liabilities 239 39
Less: Change in fair value of warrant liability (7,167) 9,261
Equity loss of unconsolidated affiliates 37 1,314
Divestiture losses   2,711
Loss on disposal of property and equipment 66 628
Changes in operating assets and liabilities:    
Notes receivable (4,028) 1,113
Accounts receivable (5,257) 285
Other receivables from GNI   (96)
Inventories (2,139) 1,747
Prepaid and other assets 520 (82)
Income tax payable (2,166) 3,003
Accounts payable (245) 192
Other noncurrent liabilities 23 (102)
Due to related parties (83) 425
Accrued expenses and other liabilities (1,497) 1,446
Operating lease liabilities (816) (473)
Net cash (used) provided by operating activities (3,641) 25,892
Investing Activities    
Acquisition of intangible assets (813) (69)
Purchase of certificates of deposit (15,471) (15,735)
Purchases of property and equipment (2,315) (8,517)
Proceeds from sale of equipment 401 664
Purchase of equity method investment (1,686) (1,000)
Cash and cash equivalents acquired in connection with the GNI USA Contributions   5,587
Payments made for acquisition costs   (124)
Cash balance in a disposed subsidiary   (566)
Net cash used in investing activities (19,884) (19,760)
Financing Activities    
Deferred offering costs (536)  
Proceeds from the issuance of common stock in ATM program 773  
Proceeds from the exercise of stock options 1,865 0
Proceeds from issuance of Convertible Preferred Stock and Preferred Stock Warrants under the Private Placement   2,500
Net cash provided by financing activities 2,102 2,500
Effect of exchange rate changes on cash and cash equivalents (273) (298)
Net (decrease) increase in cash and cash equivalents (21,696) 8,334
Cash and cash equivalents at beginning of the period 33,509 25,175
Cash and cash equivalents at end of period 11,813 33,509
Supplemental Disclosure of Non-Cash Financing and Investing Activities:    
Deemed issuance of common stock and Convertible Preferred Stock to former stockholders of Catalyst upon the GNI USA Contributions   84,348
Advance payment for Convertible Preferred Stock and Preferred Stock Warrants acquired upon the GNI USA Contributions   2,500
Disposal consideration in other receivables from GNI   768
Acquisition costs in due to related parties   535
Right-of-use asset obtained in exchange for operating lease liabilities 2,017 277
Proceeds from the exercise of stock options included in other receivable   166
Convertible preferred stock conversion 64,525  
Supplemental disclosure of cash flow information    
Cash paid for income taxes $ 8,518 $ 6,346