v3.25.3
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenues:        
Total revenues $ 20,425 $ 16,686 $ 57,701 $ 45,998
Cost of revenues:        
Total cost of revenues 5,282 4,053 14,851 10,869
Gross profit 15,143 12,633 42,850 35,129
Operating expenses        
Selling and marketing 5,476 4,964 15,639 13,926
Research and development 6,663 4,779 18,493 13,792
General and administrative 4,456 3,461 10,698 9,995
Impairment of intangible assets       207
Total operating expenses 16,595 13,204 44,830 37,920
Loss from operations (1,452) (571) (1,980) (2,791)
Other income (expense), net (15) 431 18 413
Gain (Loss) from fair value change of a long-term investment (9) 147 (30) (1,474)
Interest income, net 155 393 608 1,164
Income (Loss) before provision of income tax and income (loss) in equity method investments and non-controlling interest, net of tax (1,321) 400 (1,384) (2,688)
Income tax benefits (expenses) (464) 604 (1,305) 368
Income (Loss) before loss in equity method investments and non-controlling interest, net of tax (1,785) 1,004 (2,689) (2,320)
Impairment on and income (loss) in equity method investments, net of tax 255 165 500 (133)
Net income (loss) (1,530) 1,169 (2,189) (2,453)
Less: Net income (loss) attributable to non-controlling interests (239) 5 (587) (42)
Net income (loss) attributable to Moatable, Inc. $ (1,291) $ 1,164 $ (1,602) $ (2,411)
Net income (loss) per share attributable to Moatable, Inc. shareholders:        
Basic (in dollars per share) $ (0.002) $ 0.001 $ (0.002) $ (0.003)
Diluted (in dollars per share) $ (0.002) $ 0.001 $ (0.002) $ (0.003)
Weighted average number of shares used in calculating net loss per share attributable to Moatable, Inc. shareholders:        
Basic (in shares) 823,855,963 811,518,063 814,467,454 780,018,704
Diluted (in shares) 823,855,963 811,518,330 814,467,454 780,018,704
SaaS revenue        
Revenues:        
Total revenues $ 20,388 $ 16,641 $ 57,583 $ 45,872
Cost of revenues:        
Total cost of revenues 5,249 4,017 14,748 10,761
Other services        
Revenues:        
Total revenues 37 45 118 126
Cost of revenues:        
Total cost of revenues $ 33 $ 36 $ 103 $ 108