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Taxation (Tables)
12 Months Ended
Dec. 31, 2022
Income Tax Disclosure [Abstract]  
Schedule of loss before income taxes
   Years ended December 31, 
(In thousands)  2020   2021   2022 
Non-PRC   (54,627)   (28,212)   (15,397)
PRC   (8,603)   (17,872)   (4,367)
Total   (63,230)   (46,084)   (19,764)

 

Schedule of reconciliations of the income tax expenses
   Years ended December 31, 
(In thousands)  2020   2021   2022 
Loss before income tax   (63,230)   (46,084)   (19,764)
Income tax computed at statutory PRC income tax rate (25%)(i)   (15,808)   (11,521)   (4,941)
Differential income tax rates applicable to certain entities comprising the Group   13,121    4,061    1,791 
Effect of tax holiday   824    1,786    469 
Permanent differences(ii)   451    1,826    2,100 
Change in valuation allowance   2,735    5,405    1,569 
Accelerated deductions on research and development expenses(iii)   (1,138)   (1,313)   (827)
Income tax expenses   185    244    161 

 

(i)The PRC statutory income tax rate was used because the majority of the Group’s operations are based in the PRC.

 

(ii)Permanent differences primarily represent non-deductible expenses.

 

(iii)This amount represents tax incentives relating to the research and development expenses of certain major operating subsidiaries in the PRC.

 

Schedule of per share effect of the tax holiday
   Years ended December 31, 
(In thousands)  2020   2021   2022 
Effect of tax holiday   824    1,786    469 
Per share effect – basic and diluted
   (0.00)   (0.01)   (0.00)

 

Schedule of components of deferred tax assets
   Years ended December 31, 
(In thousands)  2020   2021   2022 
Deferred tax assets            
Net operating loss carryforwards   9,416    14,808    19,814 
Accrued expenses and others   414    427    (3,010)
Less: valuation allowance   (9,830)   (15,235)   (16,804)
Net deferred tax assets   
    
    
 

 

Schedule of movement of valuation allowance
   Years ended December 31, 
(In thousands)  2020   2021   2022 
Balance at beginning of the year   7,095    9,830    15,235 
Change of valuation allowance   2,735    5,405    1,569 
Balance at end of the year   9,830    15,235    16,804