v3.25.0.1
Unaudited Condensed Consolidated Statements of Cash Flows
¥ in Thousands, $ in Thousands
6 Months Ended 12 Months Ended
Jun. 30, 2024
CNY (¥)
Jun. 30, 2024
USD ($)
Jun. 30, 2023
CNY (¥)
Dec. 31, 2023
CNY (¥)
Dec. 31, 2023
USD ($)
Dec. 31, 2022
CNY (¥)
Dec. 31, 2021
CNY (¥)
Cash flows from operating activities:              
Net Loss ¥ (40,675) $ (5,596) ¥ (30,698) ¥ (82,971) $ (11,687) ¥ (166,490) ¥ (101,945)
Adjustment to reconcile net loss to net cash used in operating activities:              
Impairment on long-term investment | ¥         700
Impairment of long-lived assets 300 41 1,515 1,515 213 19,743
Impairment of goodwill     69,853
Depreciation of property, equipment and software | ¥         2,140 3,298
Amortization of intangible assets | ¥         2,097 4,110
Share-based compensation | ¥       9,546   10,282 9,797
Allowance for doubtful accounts | ¥       4,768   8,143 17,796
Gain from long-term investments (427) (59) (95) (181) (26) (26) (258)
Loss on disposal of property and equipment, subsidiary | ¥         218 429
Recognition of deferred income | ¥         (513) (513)
Foreign exchange (gain)/ loss | ¥       259   (444) 149
Loss on changes in guarantee liabilities | ¥         1,542
Deferred income taxes | ¥         (5,451)
Change in fair value of warrant liability (2,338) (322) (11,551) (20,732) (2,920) (11,219)
Other income, net | ¥       (8,782)  
Changes in operating assets and liabilities:              
Accounts and notes receivable | ¥       20,439   (1,127) 6,504
Prepayment and other current assets | ¥       26,792   5,151 (4,177)
Accounts payable | ¥       (3,253)   (15,919) 7,782
Advance from customers | ¥       471   (11,706) (6,065)
Salary and welfare benefits payable | ¥       (15,914)   (6,926) (12,977)
Deferred revenue | ¥       (97)   (2,361)
Other taxes payable | ¥       (3,742)   2,905 (1,170)
Other current liabilities | ¥       (3,010)   (8,029) (17,257)
Net cash used in operating activities (11,088) (1,527) (52,408) (74,892)   (109,679) (92,255)
Cash flows from investing activities:              
Purchase of property, equipment and software, and other non-current assets (7) (1)   (212) (968)
Cash paid for long-term investments | ¥         (2,250)
Cash received from maturity of time deposits | ¥         45,674
Cash received from disposal of long-term investments | ¥         5,400
Net cash used in investing activity (7) (1)   (212) 47,856
Cash flows from financing activities:              
Cash received from borrowings 18,000 2,477 7,120 20,400   6,169 10,000
Repayments of short-term borrowings (10,787) (1,484) (3,685) (6,428)   (8,454) (3,000)
Proceeds of offering, net of listing fee | ¥         93,526
Net cash generated from financing activities 7,213 993 3,435 13,972   91,241 7,000
Effect of exchange rate changes on cash, cash equivalents and restricted cash (2,763) (380) 791 70   (1,805) (5,048)
Net decrease in cash, cash equivalents and restricted cash (6,645) (915) (48,182) (60,850)   (20,455) (42,447)
Cash, cash equivalents and restricted cash at beginning of the period 15,993 2,201 76,843 76,843   97,298 139,745
Including:              
Cash and cash equivalents at the beginning of the period 9,600 1,316 69,895 69,895   63,461 109,916
Restricted cash at the beginning of the period 6,429 885 6,948 6,948   33,837 29,829
Cash, cash equivalents and restricted cash at end of the period 9,348 1,286 28,661 15,993 2,201 76,843 97,298
Including:              
Cash and cash equivalents at the end of the period 5,000 689 21,941 9,600 1,316 69,895 63,461
Restricted cash at the end of the period 4,339 597 6,720 6,429 885 6,948 33,837
Supplemental disclosures of cash flow information:              
Cash paid for interest expense (465) (64) (84) (337)   (214) (182)
Supplemental schedule of non-cash investing and financing activities:              
Right-of-use assets obtained in exchange for new operating lease liabilities ¥ 191 26 ¥ 2,813 ¥ 2,813   ¥ 13,152
Previously Reported              
Cash flows from operating activities:              
Net Loss         (11,687)    
Adjustment to reconcile net loss to net cash used in operating activities:              
Impairment on long-term investment            
Impairment of long-lived assets         213    
Impairment of goodwill            
Depreciation of property, equipment and software            
Amortization of intangible assets            
Share-based compensation         1,345    
Allowance for doubtful accounts         672    
Gain from long-term investments         (26)    
Loss on disposal of property and equipment, subsidiary            
Recognition of deferred income            
Foreign exchange (gain)/ loss         37    
Loss on changes in guarantee liabilities            
Deferred income taxes            
Change in fair value of warrant liability         (2,920)    
Other income, net         (1,237)    
Changes in operating assets and liabilities:              
Accounts and notes receivable         2,879    
Prepayment and other current assets         3,774    
Accounts payable         (458)    
Advance from customers         66    
Salary and welfare benefits payable         (2,241)    
Deferred revenue         (14)    
Other taxes payable         (527)    
Other current liabilities         (426)    
Net cash used in operating activities         (10,550)    
Cash flows from investing activities:              
Purchase of property, equipment and software, and other non-current assets            
Cash paid for long-term investments            
Cash received from maturity of time deposits            
Cash received from disposal of long-term investments            
Net cash used in investing activity            
Cash flows from financing activities:              
Cash received from borrowings         2,873    
Repayments of short-term borrowings         (905)    
Proceeds of offering, net of listing fee            
Net cash generated from financing activities         1,968    
Effect of exchange rate changes on cash, cash equivalents and restricted cash         10    
Net decrease in cash, cash equivalents and restricted cash         (8,572)    
Cash, cash equivalents and restricted cash at beginning of the period   2,252     10,824    
Including:              
Cash and cash equivalents at the beginning of the period   1,347     9,845    
Restricted cash at the beginning of the period   $ 905     979    
Cash, cash equivalents and restricted cash at end of the period         2,252    
Including:              
Cash and cash equivalents at the end of the period         1,347    
Restricted cash at the end of the period         905    
Supplemental disclosures of cash flow information:              
Cash paid for interest expense         (47)    
Supplemental schedule of non-cash investing and financing activities:              
Right-of-use assets obtained in exchange for new operating lease liabilities         $ 396