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Taxation (Tables) | 12 Months Ended
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Dec. 31, 2021
Taxation |
Schedule of Current and Deferred Portions of Income Tax Expense | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Years ended December 31,
(In thousands) |  | 2019 |  | 2020 |  | 2021
Current income tax expenses |  | 315 |  | 183 |  | 53
Deferred income tax expenses/(benefits) |  | 4,361 |  | 966 |  | (178)
Income tax expenses/(benefits) |  | 4,676 |  | 1,149 |  | (125)
Summary of Aggregate Amount and Per Share Effect of Tax Holiday | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Years ended December 31,
​ |  | 2019 |  | 2020 |  | 2021
Aggregate dollar effect (in thousands) |  | (3,856) |  | 197 |  | 4,100
Per share effect—basic |  | (0.01) |  | (0.00) |  | 0.01
Per share effect—diluted |  | (0.01) |  | (0.00) |  | 0.01
Reconciliation of Total Tax (Benefits)/Expenses | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Years ended December 31,
(In thousands) |  | 2019 |  | 2020 |  | 2021
Income tax (benefits)/expenses at PRC statutory rate (based on statutory tax rate applicable to enterprises in China) |  | (11,886) |  | (3,736) | ​ | 246
Effects of differences in tax rates in different jurisdictions applicable to entities of the Group outside of the PRC |  | 788 |  | 787 | ​ | 2,571
Non-deductible expenses |  | 228 |  | 101 | ​ | 47
Effect of Super Deduction |  | (1,920) |  | (733) | ​ | (2,262)
Effect of tax holidays and tax concessions |  | 3,856 |  | (197) | ​ | (4,100)
Change in valuation allowance of deferred tax assets |  | 13,180 |  | 4,704 | ​ | 3,507
Expiration of tax loss |  | 400 |  | 84 | ​ | —
Others |  | 30 |  | 139 | ​ | (134)
Income tax expenses/(benefits) |  | 4,676 |  | 1,149 | ​ | (125)
Summary of Changes in Deferred Tax Asset and Liability Balances | ​
​ | ​ | ​ | ​ | ​
(In thousands) |  | December 31, 2020 |  | December 31, 2021
Deferred tax assets: |  |  |  |
Net operating losses carried forward (note a) |  | 32,458 |  | 39,188
Impairment of long-term equity investments |  | 4,233 |  | 4,245
Impairment of other receivables |  | 1,858 |  | 1,536
Impairment of accounts receivable |  | 1,451 |  | 402
Impairment of inventories |  | 540 |  | 70
Allowance for advances to suppliers |  | 369 |  | 137
Impairment of property and equipment |  | 15 |  | 2
Valuation allowance |  | (40,924) |  | (45,580)
Deferred tax assets, net (note b) |  | — |  | —
​ | ​ | ​ | ​ | ​
Deferred tax liabilities: |  | ​ |  | ​
Deferred credit arising from an asset acquisition |  | (1,085) |  | (930)
​ Notes:
(a) | As of December 31, 2021, the accumulated net operating loss of USD 5,875,000 of the Group’s subsidiaries incorporated in Hong Kong can be carried forward indefinitely to offset future taxable income, the remaining accumulated net operating loss of USD 221,906,000 mainly arose from the Company’s subsidiaries, VIE and VIE’s subsidiaries established in the PRC, which can be carried forward to offset future taxable income and will expire during the period from 2022 to 2030.
Schedule of Deferred Tax Assets and Liabilities Balances | Deferred tax liabilities
​ | ​ | ​ | ​ | ​
(In thousands) |  | 2020 |  | 2021
Within one year |  | 176 |  | 180
After one year |  | 909 |  | 750
​ |  | 1,085 |  | 930
Schedule of Movement of Valuation Allowance | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Years ended December 31,
(In thousands) |  | 2019 |  | 2020 |  | 2021
Beginning balance |  | 20,181 |  | 34,257 |  | 40,924
Additions |  | 13,180 |  | 4,704 |  | 3,507
Exchange difference | ​ | 896 | ​ | 1,963 | ​ | 1,149
Ending balance |  | 34,257 |  | 40,924 |  | 45,580

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