XML 18 R4.htm IDEA: XBRL DOCUMENT v3.25.1
Consolidated Statements of Comprehensive Loss - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Total revenues $ 133,256 $ 141,538 $ 160,670
Cost of revenues (47,809) (52,063) (61,247)
Gross profit 85,447 89,475 99,423
Operating expenses:      
Research and development expenses (80,344) (77,666) (114,502)
Sales and marketing expenses (27,220) (33,958) (53,769)
General and administrative expenses (32,772) (34,976) (38,671)
Total operating expenses (140,336) (146,600) (206,942)
Other operating income 1,578 1,729 3,697
Impairment of goodwill   (31,928) (11,941)
Loss from operations (53,311) (87,324) (115,763)
Exchange (loss) gain 168 (151) (5,021)
Interest income 16,941 18,836 9,636
Interest expense (253) (20)  
Losses from extinguishment of convertible note   (1,230)  
Investment loss (3,328) (18,526) (8,813)
Other Income 793 1,649  
Loss before income taxes (38,990) (86,766) (119,961)
Income taxes (258) (422) (663)
Equity in income (loss) of affiliates (3,479) (31) 244
Net loss (42,727) (87,219) (120,380)
Net loss attributable to Agora, Inc.'s ordinary shareholders (42,727) (87,219) (120,380)
Other comprehensive loss:      
Foreign currency translation adjustments (2,230) (3,418) (9,857)
Unrealized gain on debt securities   1,385 (1,286)
Total comprehensive loss attributable to Agora, Inc.'s ordinary shareholders $ (44,957) $ (89,252) $ (131,523)
Net loss per share attributable to Agora, Inc.'s ordinary shareholders-basic $ (0.11) $ (0.22) $ (0.27)
Net loss per share attributable to Agora, Inc.'s ordinary shareholders-diluted $ (0.11) $ (0.22) $ (0.27)
Weighted average number of ordinary shares-basic 373,122,317 398,384,385 446,426,914
Weighted average number of ordinary shares-diluted 373,122,317 398,384,385 446,426,914
Share-based compensation expenses included in:      
Share-based compensation $ 22,737 $ 24,612 $ 32,363
Cost of revenues      
Share-based compensation expenses included in:      
Share-based compensation 212 621 906
Research and development expenses      
Share-based compensation expenses included in:      
Share-based compensation 17,062 12,696 18,055
Sales and marketing expenses      
Share-based compensation expenses included in:      
Share-based compensation 778 4,145 6,140
General and administrative expenses      
Share-based compensation expenses included in:      
Share-based compensation 4,685 7,150 7,262
Real-time engagement service revenues      
Total revenues 127,624 133,098 152,886
Real-time engagement on-premise solution and other revenues      
Total revenues $ 5,632 $ 8,440 $ 7,784