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Organization and Principal Activities (Tables) | 12 Months Ended
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Dec. 31, 2022
Organization and Principal Activities |
Schedule of Major Subsidiaries Consolidated Vies and Vies Subsidiaries | As of December 31, 2022, the Company’s consolidated subsidiaries, the VIEs and subsidiaries of the VIEs are as follows:
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Place and | ​ | Percentage of | ​ | ​
​ | ​ | year of | ​ | direct or indirect | ​ | ​
Major Subsidiaries |  | incorporation |  | economic ownership |  | Principal activities
Lizhi Inc. (“Lizhi BVI”) |  | British Virgin Islands, Y2010 |  | 100 |  | Investment holding
Lizhi Holding Limited (“Lizhi HK”) |  | Hong Kong, China Y2010 |  | 100 |  | Investment holding
Beijing Hongyiyichuang Information Technology Co., Ltd. (“Hongyi Technology”) |  | Beijing, China Y2011 |  | 100 |  | Technical support and consulting services, advertising service
Tiya Inc. (“Tiya Cayman”) | ​ | Cayman Islands, Y2019 | ​ | 100 | ​ | Investment holding
VOCAL BEATS Inc. (“Vocal Beats”) | ​ | British Virgin Islands, Y2019 | ​ | 100 | ​ | Investment holding
TIYA INC. (“Tiya BVI”) |  | British Virgin Islands, Y2019 |  | 100 |  | Investment holding
Tiya Holding Limited (“Tiya HK”) |  | Hong Kong, China Y2019 |  | 100 |  | Investment holding
TIYA PTE. LTD. |  | Singapore Y2019 |  | 100 |  | Audio entertainment business and others
NASHOR PTE. LTD. |  | Singapore Y2019 |  | 100 |  | Audio entertainment business and others
Guangzhou Tiya Information Technology Co., Ltd. (“Guangzhou Tiya”) |  | Guangzhou, China Y2019 |  | 100 |  | Technical support and consulting services
Tiya Inc. (“Tiya USA”) |  | USA Y2020 |  | 100 |  | Audio entertainment business and others
Guangzhou QingYin Information Technology Co., Ltd. (“Guangzhou QingYin”) | ​ | Guangzhou, China Y2022 | ​ | 100 | ​ | Technical support and consulting services
Guangzhou Yuyin Information Technology Co., Ltd. | ​ | Guangzhou, China Y2022 | ​ | 100 | ​ | Technical support and consulting services
Guangzhou Yuechuang Information Technology Co., Ltd. | ​ | Guangzhou, China Y2022 | ​ | 100 | ​ | Technical support and consulting services
​
1. | Organization and Principal Activities (Continued)
​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Place and |  | ​ |  | ​
​ | ​ | year of | ​ | Percentage of | ​ | ​
​ | ​ | incorporation/ | ​ | direct or indirect | ​ | ​
Major VIEs | ​ | acquisition |  | economic ownership | ​ | Principal activities
Guangzhou Lizhi Network Technology Co., Ltd. (“Guangzhou Lizhi”) |  | Guangzhou, China Y2007 |  | 100 |  | Audio entertainment and podcast business
Guangzhou Huanliao Network Technology Co., Ltd. (“Guangzhou Huanliao”) |  | Guangzhou, China Y2016 |  | 100 |  | Audio entertainment business and others
​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Place and |  | Percentage of |  | ​
​ | ​ | year of | ​ | direct or indirect | ​ | ​
Major subsidiaries of VIEs | ​ | incorporation |  | economic ownership | ​ | Principal activities
Changsha Limang Interaction Entertainment Co., Ltd. |  | Changsha, China Y2015 |  | 100 |  | Audio entertainment business and others
Huai’an Lizhi Network Technology Co., Ltd. |  | Huai’an, China Y2015 |  | 100 |  | Audio entertainment business and others
Wuhan Lizhi Network Technology Co., Ltd. |  | Wuhan, China Y2017 |  | 100 |  | Audio entertainment business and others
Wuhan Yuyinliaorao Network Technology Co., Ltd. |  | Wuhan, China Y2019 |  | 100 |  | Audio entertainment business and others
Wuhan Zhiyin Network Technology Co., Ltd. | ​ | Wuhan, China Y2019 | ​ | 100 | ​ | Audio entertainment business and others
​ ​
Schedule of Variable Interest Entities | The following combined financial information of the VIEs as of December 31, 2021 and 2022 and for the years ended December 31, 2020, 2021 and 2022 was included in the accompanying consolidated financial statements of the Group as follows:
​ | ​ | ​ | ​ | ​
​ |  | As of December 31, |  | As of December 31,
​ |  | 2021 |  | 2022
​ |  | RMB |  | RMB
ASSETS |  |  |  |
Current assets: |  |  |  |
Cash and cash equivalents |  | 191,549 |  | 302,103
Restricted cash |  | 3,023 |  | —
Accounts receivable, net |  | 1 |  | 902
Prepayments and other current assets |  | 20,245 |  | 21,365
Amount due from the subsidiaries of the Group |  | 197 |  | 781
Total current assets |  | 215,015 |  | 325,151
Non-current assets: |  | ​ |  | ​
Property, equipment and leasehold improvement, net |  | 28,580 |  | 18,390
Intangible assets, net |  | 2,245 |  | 1,104
Right-of-use assets, net |  | 9,653 |  | 7,087
Other non-current assets |  | 799 |  | —
Total non-current assets | ​ | 41,277 | ​ | 26,581
TOTAL ASSETS |  | 256,292 |  | 351,732
Current liabilities: |  | ​ |  | ​
Accounts payable |  | 70,639 |  | 50,735
Deferred revenue |  | 19,118 |  | 27,718
Salary and welfare payable |  | 116,204 |  | 120,563
Taxes payable |  | 4,940 |  | 4,112
Short-term loans |  | 68,999 |  | 66,800
Lease liabilities due within one year |  | 5,767 |  | 7,021
Accrued expenses and other current liabilities |  | 42,803 |  | 42,770
Amount due to the subsidiaries of the Group |  | 377,331 |  | 379,306
Total current liabilities |  | 705,801 |  | 699,025
Non-current liabilities: |  | ​ |  | ​
Lease liabilities |  | 4,132 |  | 160
Total non-current liabilities |  | 4,132 |  | 160
TOTAL LIABILITIES | ​ | 709,933 | ​ | 699,185
​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the year ended
​ | ​ | December 31, | ​ | December 31, | ​ | December 31,
​ |  | 2020 |  | 2021 |  | 2022
​ | ​ | RMB | ​ | RMB | ​ | RMB
Net revenues |  | 1,456,190 | ​ | 1,975,758 | ​ | 2,155,620
Net (loss)/income |  | (84,441) | ​ | (81,551) | ​ | 106,188
​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | For the year ended
​ | ​ | December 31, | ​ | December 31, | ​ | December 31,
​ |  | 2020 |  | 2021 |  | 2022
​ | ​ | RMB | ​ | RMB | ​ | RMB
Net cash generated from/(used in) operating activities | ​ | 17,425 | ​ | (17,723) | ​ | 147,067
Net cash (used in)/generated from investing activities | ​ | (94,559) | ​ | 52,323 | ​ | (5,576)
Net cash generated from/(used in) financing activities | ​ | 187,752 | ​ | 7,298 | ​ | (33,960)
Net increase in cash, cash equivalents and restricted cash | ​ | 110,618 | ​ | 41,898 | ​ | 107,531
​

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- Definition Tabular disclosure of the significant judgments and assumptions made in determining whether a variable interest (as defined) held by the entity requires the variable interest entity (VIE) (as defined) to be consolidated and (or) disclose information about its involvement with the VIE, individually or in aggregate (as applicable); the nature of restrictions, if any, on the consolidated VIE's assets and on the settlement of its liabilities reported by an entity in its statement of financial position, including the carrying amounts of such assets and liabilities; the nature of, and changes in, the risks associated with involvement in the VIE; how involvement with the VIE affects the entity's financial position, financial performance, and cash flows; the lack of recourse if creditors (or beneficial interest holders) of the consolidated VIE have no recourse to the general credit of the primary beneficiary (if applicable); the terms of arrangements, giving consideration to both explicit arrangements and implicit variable interests, if any, that could require the entity to provide financial support to the VIE, including events or circumstances that could expose the entity to a loss; the methodology used by the entity for determining whether or not it is the primary beneficiary of the variable interest entity; the significant factors considered and judgments made in determining that the power to direct the activities of a VIE that most significantly impact the VIE's economic performance are shared (as defined); the carrying amounts and classification of assets and liabilities of the VIE included in the statement of financial position; the entity's maximum exposure to loss, if any, as a result of its involvement with the VIE, including how the maximum exposure is determined and significant sources of the entity's exposure to the VIE; a comparison of the carrying amounts of the assets and liabilities and the entity's maximum exposure to loss; information about any liquidity arrangements, guarantees, and (or) other commitments by third parties that may affect the fair value or risk of the entity's variable interest in the VIE; whether or not the entity has provided financial support or other support (explicitly or implicitly) to the VIE that it was not previously contractually required to provide or whether the entity intends to provide that support, including the type and amount of the support and the primary reasons for providing the support; and supplemental information the entity determines necessary to provide. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 5A -URI https://asc.fasb.org/extlink&oid=123419778&loc=SL6759159-111685 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 6 -URI https://asc.fasb.org/extlink&oid=123419778&loc=d3e5747-111685 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 9 -URI https://asc.fasb.org/extlink&oid=123419778&loc=SL6228884-111685 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=123419778&loc=d3e5710-111685 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 4 -URI https://asc.fasb.org/extlink&oid=123419778&loc=d3e5728-111685 + Details
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