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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net loss $ (84,619) $ (195,928) $ (166)
Adjustments to reconcile net loss to net cash used in operating activities of continuing operations:      
Depreciation and amortization 1,681 787 5
Impairment of goodwill   143,655  
Loss from the disposal of property and equipment   8  
Fair value change of warrants (316) (1,995)  
Share-based compensation 39,310 41,589  
Foreign currency exchange (gain) loss (139) 432 (86)
Impairment of prepaid expenses and other current assets 22,921 4,216  
Provision for dealership settlement 15,134 11,142  
Provision for sales incentive 1,638    
Gain on disposal of subsidiaries (1,578)    
Financial expenses 1,103    
Interest expenses of convertible note in interest method 683 22  
Changes in operating assets and liabilities:      
Inventories 373 (404)  
Prepayment for vehicle purchase and other current assets 355 (6,121) (437)
Amount due from related parties   326 (509)
Accounts payable (38) (111)  
Advances from customers (390) (318) 326
Accrued expenses and other current liabilities 1,984 1,287 1
Short-term lease liabilities (98) (31)  
Amount due to related parties   25 (269)
Income tax payable (398) (684)  
Net cash used in operating activities (2,394) (2,103) (1,135)
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchase of property and equipment, net 59    
Purchase of intangible assets   (32) (290)
Cash acquired on reverse acquisition   4,299  
Cash disposed on disposal of subsidiaries (97)    
Net cash (used in) provided by investing activities (156) 4,267 (290)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from issuance of ordinary shares and warrant 4,717    
Proceeds from convertible note 2,000 2,000  
Cash paid for offering cost (1,976)    
Capital contribution 665   8,095
Capital divestment     (5,963)
Net cash provided by financing activities 5,406 2,000 2,132
Effect of exchange rate changes on cash and cash equivalents (1,017) 492 (104)
Net changes in cash and cash equivalents 1,839 4,656 603
Cash and cash equivalents at beginning of year 5,263 607 4
Cash and cash equivalents at end of year 7,102 5,263 $ 607
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:      
Interest expense paid (362) (23)  
Income tax paid (26)    
NON-CASH ACTIVITIES:      
Net assets acquired on reverse acquisition   161,760  
Issuance of Series F preferred shares in connection a disposal of subsidiaries $ (24,593)    
Vesting of restricted shares award   1  
Obtaining right-of-use assets in exchange for operating lease liabilities   $ 515