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Equity Method Investment - Variable Interest Entity (Tables)
12 Months Ended
Dec. 31, 2023
Acquisition And Variable Interest Entity [Abstract]  
Summary of Equity Method Investment

The Company’s equity method investment in Falikang was as follows for the year ended December 31, 2023 (in thousands):

 

Entity

 

Ownership Percentage

 

 

Balance at
December 31, 2022

 

 

Share of Net Income

 

 

Dividend Received

 

 

Currency
Translation

 

 

Balance at
December 31, 2023

 

Falikang

 

 

51.1

%

 

$

5,061

 

 

$

2,638

 

 

$

(2,255

)

 

$

(154

)

 

$

5,290