XML 61 R43.htm IDEA: XBRL DOCUMENT v3.23.1

Share-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2022

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Summary of Share Option Activity

The following table summarizes the share option activity for the year ended December 31, 2022:

Options Granted to Employees and Directors		Number of Options				Weighted- Average Exercise Price				Weighted- Average grant-date Fair Value per Option				Weighted Average Remaining Contractual Term (Years)				Aggregate Intrinsic Value
						RMB				RMB								RMB
Outstanding, December 31, 2021			7,367,194				8.18				18.66				6.09				48,464
Granted			2,900,248				6.18				6.41				—				—
Forfeited			632,534				9.53				22.70				—				—
Expired			—				—				—				—				—
Exercised			758,442				0.23				10.62				—				—
Cancelled			—				—				—				—				—
Outstanding, December 31, 2022			8,876,466				8.11				15.06				6.23				31,347
Vested and expected to vest at December 31, 2022			8,876,466				8.11				15.06				6.23				31,347
Vested at December 31, 2022			7,251,013				9.66				15.50				5.71				21,844

Schedule of Assumptions Used to Estimate Fair Values of Share Options Granted

The following table presents assumptions used to estimate the fair values of share options granted for the years ended December 31, 2020, 2021 and 2022:

		2020		2021		2022
Risk-free interest rate		0.63% - 1.88%		0.94% - 1.70%		1.87%-3.75%
Dividend yield		0%		0%		0%
Expected volatility		44.37% - 47.83%		47.45% - 56.62%		55.99%-56.79%
Weighted average expected volatility		46.37%		50.26%		56.15%
Expected exercise multiple		2.5 - 2.8		2.2 - 2.8		2.2-2.8

Summary of Restricted Share Units

A summary of the restricted share units for the year ended December 31, 2022 was stated below:

Restricted Share Units Granted to Employees and Directors		Number of Share Units				Weighted- Average grant-date Fair Value per Restricted Share				Weighted Average Remaining Contractual Term (Years)				Aggregate Intrinsic Value
						RMB								RMB
Outstanding, December 31, 2021			119,566				14.94				9.88				1,189
Granted			199,965				9.55				—				—
Forfeited			—				—				—				—
Expired			—				—				—				—
Vested			119,568				14.52				—				—
Cancelled			—				—				—				—
Outstanding, December 31, 2022			199,963				9.81				9.80				1,337
Vested and expected to vest at December 31, 2022			199,963				9.81				9.80				1,337
Exercisable at December 31, 2022			—				—				—				—

Summary of Total Compensation Costs Recognized

Total compensation costs recognized for the years ended December 31, 2020, 2021 and 2022 were as follows:

		Year ended December 31,
		2020				2021				2022
		RMB				RMB				RMB				US$
Cost of revenue			4				41				2				—
Research and development			7,176				13,801				368				53
Sales and marketing			3,965				2,609				1,188				172
General and administrative			17,713				13,761				13,957				2,024
Total			28,858				30,212				15,515				2,249

X

- References

No definition available.

+ Details

Name:	us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(1)
-URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationRestrictedStockUnitsAwardActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (d)
-URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (e)
-URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (f)(2)
-URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration