Prepaid Expenses and Other Current Assets

12 Months Ended

Dec. 31, 2024

Prepaid Expense and Other Assets, Current [Abstract]

Prepaid Expenses and Other Current Assets

7. PREPAID EXPENSES AND OTHER CURRENT ASSETS

Prepaid expenses and other current assets consist of the following:


	As of December 31,
	2023		2024
	RMB		RMB
Current assets
Prepaid bandwidth costs		4,773		2,542
Deposits		1,447		2,829
Prepaid travel expense		1,308		1,449
Prepaid office software service fee		927		1,270
VAT recoverable (1)		686		992
Prepaid content rental expenses		154		82
Prepaid marketing expenses (2)		125		25,648
Prepaid consulting service fee		27		27
Receivables from third-party payment settlement platform (3)		20		340
Other miscellaneous prepaid expenses		2,561		612

		12,028		35,791

Non-current assets
Prepaid marketing expenses (2)		—		18,672
Deferred initial public offering related costs		16,252		—
Deposits for lease		5,940		1,604
Prepaid content rental expenses		73		73

		22,265		20,349

(1)	VAT recoverable represented the balances that the Group can utilize to deduct its VAT liabilities.

(2)

The Company entered marketing and promotion service agreements with total contract price of RMB 46,410 and service terms of two years. The Group

recorded

the marketing and promotion expenses when actual services are provided and fulfilled. The portion of prepaid marketing expenses is expected to be utilized within the next 12 months is classified as prepaid expenses and other current assets, while the remaining balance is included in other

non-current

assets on the Consolidated Balance Sheets.

(3)	Receivables from third-party payment settlement platform represent cash due from the third-party on-line payment service providers in relation to their processing of payments to the Group.

As of December 31, 2023 and 2024, the Group’s allowance for expected credit losses for prepaid expenses and other current assets were RMB 373 and nil, respectively.