v3.25.2
Consolidated Statements of Changes in Shareholders’ Equity - USD ($)
$ in Thousands
Ordinary shares
​Additional paid-in capital ​
Treasury shares
Deferred share compensation
Accumulated deficits
Accumulated other comprehensive income (loss)
Total AirNet Technology Inc. shareholders’ equity
Noncontrolling interests
Total
Balance at Dec. 31, 2023 $ 181 $ 298,750 $ (1,148) $ (318,813) $ 32,879 $ 11,849 $ (32,936) $ (21,087)
Balance (in Shares) at Dec. 31, 2023 4,474,836                
Share-based compensation $ 48 1,284 (1,147) 185 185
Share-based compensation (in Shares) 1,200,000                
Sales of ordinary shares $ 135 5,565 5,700 5,700
Sales of ordinary shares (in Shares) 3,372,788                
Issuance of ordinary shares to repay debts $ 260 7,293 7,553 7,553
Issuance of ordinary shares to repay debts (in Shares) 6,567,431                
Repurchase of ordinary shares for subsidiary disposal $ (52) (1,518) (1,570) (1,570)
Repurchase of ordinary shares for subsidiary disposal (in Shares) (1,307,229)                
Additional ordinary shares of round-up adjustment due to equipment purchase cancellation
Additional ordinary shares of round-up adjustment due to equipment purchase cancellation (in Shares) 4                
Foreign currency translation adjustment 597 597 597
Net (loss) income         19,895   19,895 3 19,898
Balance at Jun. 30, 2024 $ 572 312,892 (2,666) (1,147) (298,918) 33,476 44,209 (32,933) 11,276
Balance (in Shares) at Jun. 30, 2024 14,307,830                
Balance at Dec. 31, 2024 $ 575 311,740 (1,517) (814) (332,464) 33,407 10,927 (32,933) (22,006)
Balance (in Shares) at Dec. 31, 2024 14,332,648                
Amortization of share-based compensation 333 333 333
Sales of ordinary shares $ 622 6,378 7,000 7,000
Sales of ordinary shares (in Shares) 15,555,600                
Foreign currency translation adjustment (919) (919) (919)
Net (loss) income (1,998) (1,998) 3 (1,995)
Balance at Jun. 30, 2025 $ 1,197 $ 318,118 $ (1,517) $ (481) $ (334,462) $ 32,488 $ 15,343 $ (32,930) $ (17,587)
Balance (in Shares) at Jun. 30, 2025 29,888,248