CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Thousands |
Class A Ordinary shares
Ordinary shares
|
Class A Ordinary shares |
Class B Ordinary shares
Ordinary shares
|
Treasury stock |
Additional paid-in capital |
Accumulated deficit |
Statutory reserves |
Accumulated other comprehensive (loss) income |
Total Moatable Inc.'s Equity |
Non-controlling interest |
Total |
| Balance at Dec. 31, 2023 |
|
$ 608
|
|
$ 170
|
$ (2,002)
|
$ 782,365
|
$ (718,673)
|
$ 6,712
|
$ (8,778)
|
$ 60,402
|
$ (14,689)
|
$ 45,713
|
| Balance (in shares) at Dec. 31, 2023 |
|
607,424,941
|
|
170,258,970
|
|
|
|
|
|
|
|
|
| Balance (shares) at Dec. 31, 2023 |
|
|
|
|
(57,192,165)
|
|
|
|
|
|
|
|
| Increase (Decrease) in Shareholders' Equity |
|
|
|
|
|
|
|
|
|
|
|
|
| Stock-based compensation |
|
|
|
|
|
555
|
|
|
|
555
|
117
|
672
|
| Repurchase of Class A ordinary shares |
|
|
|
|
$ (155)
|
|
|
|
|
(155)
|
|
(155)
|
| Repurchase of Class A ordinary shares (in shares) |
|
|
|
|
(7,991,370)
|
|
|
|
|
|
|
|
| Other comprehensive (loss) income |
|
|
|
|
|
|
|
|
(47)
|
(47)
|
(1)
|
(48)
|
| Net income (loss) |
|
|
|
|
|
|
(3,103)
|
|
|
(3,103)
|
(27)
|
(3,130)
|
| Exercise of share option and restricted shares vesting |
|
$ 96
|
|
|
|
944
|
|
|
|
1,040
|
|
1,040
|
| Exercise of share option and restricted shares vesting (in shares) |
|
96,104,340
|
|
|
|
|
|
|
|
|
|
|
| Balance at Mar. 31, 2024 |
|
$ 704
|
|
$ 170
|
$ (2,157)
|
783,864
|
(721,776)
|
6,712
|
(8,825)
|
58,692
|
(14,600)
|
44,092
|
| Balance (shares) at Mar. 31, 2024 |
|
|
|
|
(65,183,535)
|
|
|
|
|
|
|
|
| Balance (in shares) at Mar. 31, 2024 |
|
703,529,281
|
|
170,258,970
|
|
|
|
|
|
|
|
|
| Balance at Dec. 31, 2023 |
|
$ 608
|
|
$ 170
|
$ (2,002)
|
782,365
|
(718,673)
|
6,712
|
(8,778)
|
60,402
|
(14,689)
|
$ 45,713
|
| Balance (in shares) at Dec. 31, 2023 |
|
607,424,941
|
|
170,258,970
|
|
|
|
|
|
|
|
|
| Balance (shares) at Dec. 31, 2023 |
|
|
|
|
(57,192,165)
|
|
|
|
|
|
|
|
| Increase (Decrease) in Shareholders' Equity |
|
|
|
|
|
|
|
|
|
|
|
|
| Repurchase of Class A ordinary shares (in shares) |
|
|
|
|
|
|
|
|
|
|
|
231,019
|
| Other comprehensive (loss) income |
|
|
|
|
|
|
|
|
|
|
|
$ (24)
|
| Exercise of share option and restricted shares vesting (in shares) |
|
101,824,155
|
|
|
|
|
|
|
|
|
|
|
| Balance at Sep. 30, 2024 |
|
$ 710
|
|
$ 170
|
$ (2,863)
|
784,570
|
(721,084)
|
6,712
|
(8,919)
|
59,296
|
(14,276)
|
45,020
|
| Balance (shares) at Sep. 30, 2024 |
|
|
|
|
(75,388,140)
|
|
|
|
|
|
|
|
| Balance (in shares) at Sep. 30, 2024 |
|
709,249,096
|
|
170,258,970
|
|
|
|
|
|
|
|
|
| Balance at Dec. 31, 2023 |
|
$ 608
|
|
$ 170
|
$ (2,002)
|
782,365
|
(718,673)
|
6,712
|
(8,778)
|
60,402
|
(14,689)
|
45,713
|
| Balance (in shares) at Dec. 31, 2023 |
|
607,424,941
|
|
170,258,970
|
|
|
|
|
|
|
|
|
| Balance (shares) at Dec. 31, 2023 |
|
|
|
|
(57,192,165)
|
|
|
|
|
|
|
|
| Increase (Decrease) in Shareholders' Equity |
|
|
|
|
|
|
|
|
|
|
|
|
| Change of shares withheld for payroll taxes on restricted shares into treasury stock |
|
|
|
|
|
|
|
|
|
|
|
(674)
|
| Change of shares withheld for payroll taxes on restricted shares into treasury stock (in shares) |
|
|
7,809,660
|
|
|
|
|
|
|
|
|
|
| Balance at Dec. 31, 2024 |
|
$ 711
|
|
$ 170
|
$ (2,929)
|
784,598
|
(720,810)
|
6,712
|
(9,199)
|
59,253
|
(14,492)
|
44,761
|
| Balance (shares) at Dec. 31, 2024 |
|
|
|
|
(77,519,745)
|
|
|
|
|
|
|
|
| Balance (in shares) at Dec. 31, 2024 |
|
710,414,011
|
|
170,258,970
|
|
|
|
|
|
|
|
|
| Balance at Mar. 31, 2024 |
|
$ 704
|
|
$ 170
|
$ (2,157)
|
783,864
|
(721,776)
|
6,712
|
(8,825)
|
58,692
|
(14,600)
|
44,092
|
| Balance (in shares) at Mar. 31, 2024 |
|
703,529,281
|
|
170,258,970
|
|
|
|
|
|
|
|
|
| Balance (shares) at Mar. 31, 2024 |
|
|
|
|
(65,183,535)
|
|
|
|
|
|
|
|
| Increase (Decrease) in Shareholders' Equity |
|
|
|
|
|
|
|
|
|
|
|
|
| Stock-based compensation |
|
|
|
|
|
542
|
|
|
|
542
|
111
|
653
|
| Repurchase of Class A ordinary shares |
|
|
|
|
$ (32)
|
|
|
|
|
(32)
|
|
(32)
|
| Repurchase of Class A ordinary shares (in shares) |
|
|
|
|
(2,404,485)
|
|
|
|
|
|
|
|
| Other comprehensive (loss) income |
|
|
|
|
|
|
|
|
(111)
|
(111)
|
117
|
6
|
| Net income (loss) |
|
|
|
|
|
|
(472)
|
|
|
(472)
|
(20)
|
(492)
|
| Exercise of share option and restricted shares vesting |
|
$ 5
|
|
|
|
|
|
|
|
5
|
|
5
|
| Exercise of share option and restricted shares vesting (in shares) |
|
5,207,580
|
|
|
|
|
|
|
|
|
|
|
| Balance at Jun. 30, 2024 |
|
$ 709
|
|
$ 170
|
$ (2,189)
|
784,406
|
(722,248)
|
6,712
|
(8,936)
|
58,624
|
(14,392)
|
44,232
|
| Balance (shares) at Jun. 30, 2024 |
|
|
|
|
(67,588,020)
|
|
|
|
|
|
|
|
| Balance (in shares) at Jun. 30, 2024 |
|
708,736,861
|
|
170,258,970
|
|
|
|
|
|
|
|
|
| Increase (Decrease) in Shareholders' Equity |
|
|
|
|
|
|
|
|
|
|
|
|
| Stock-based compensation |
|
|
|
|
|
164
|
|
|
|
164
|
110
|
$ 274
|
| Repurchase of Class A ordinary shares (in shares) |
|
|
|
|
|
|
|
|
|
|
|
0
|
| Other comprehensive (loss) income |
|
|
|
|
|
|
|
|
17
|
17
|
1
|
$ 18
|
| Change of shares withheld for payroll taxes on restricted shares into treasury stock |
|
|
|
|
$ (674)
|
|
|
|
|
(674)
|
|
(674)
|
| Change of shares withheld for payroll taxes on restricted shares into treasury stock (in shares) |
|
|
|
|
(7,800,120)
|
|
|
|
|
|
|
|
| Net income (loss) |
|
|
|
|
|
|
1,164
|
|
|
1,164
|
5
|
1,169
|
| Exercise of share option and restricted shares vesting |
|
$ 1
|
|
|
|
|
|
|
|
1
|
|
1
|
| Exercise of share option and restricted shares vesting (in shares) |
|
512,235
|
|
|
|
|
|
|
|
|
|
|
| Balance at Sep. 30, 2024 |
|
$ 710
|
|
$ 170
|
$ (2,863)
|
784,570
|
(721,084)
|
6,712
|
(8,919)
|
59,296
|
(14,276)
|
45,020
|
| Balance (shares) at Sep. 30, 2024 |
|
|
|
|
(75,388,140)
|
|
|
|
|
|
|
|
| Balance (in shares) at Sep. 30, 2024 |
|
709,249,096
|
|
170,258,970
|
|
|
|
|
|
|
|
|
| Balance at Dec. 31, 2024 |
|
$ 711
|
|
$ 170
|
$ (2,929)
|
784,598
|
(720,810)
|
6,712
|
(9,199)
|
59,253
|
(14,492)
|
44,761
|
| Balance (in shares) at Dec. 31, 2024 |
|
710,414,011
|
|
170,258,970
|
|
|
|
|
|
|
|
|
| Balance (shares) at Dec. 31, 2024 |
|
|
|
|
(77,519,745)
|
|
|
|
|
|
|
|
| Increase (Decrease) in Shareholders' Equity |
|
|
|
|
|
|
|
|
|
|
|
|
| Stock-based compensation |
|
|
|
|
|
28
|
|
|
|
28
|
101
|
129
|
| Repurchase of Class A ordinary shares |
|
|
|
|
$ (57)
|
|
|
|
|
(57)
|
|
(57)
|
| Repurchase of Class A ordinary shares (in shares) |
|
|
|
|
(1,517,400)
|
|
|
|
|
|
|
|
| Other comprehensive (loss) income |
|
|
|
|
|
|
|
|
163
|
163
|
|
163
|
| Change of shares withheld for payroll taxes on restricted shares into treasury stock (in shares) |
[1] |
|
|
|
(9,675)
|
|
|
|
|
|
|
|
| Cash dividend payments ($0.01346 per ordinary share) |
|
|
|
|
|
(11,106)
|
|
|
|
(11,106)
|
|
(11,106)
|
| Net income (loss) |
|
|
|
|
|
|
(818)
|
|
|
(818)
|
(276)
|
(1,094)
|
| Exercise of share option and restricted shares vesting (in shares) |
[2] |
256,545
|
|
|
|
|
|
|
|
|
|
|
| Balance at Mar. 31, 2025 |
|
$ 711
|
|
$ 170
|
$ (2,986)
|
773,520
|
(721,628)
|
6,712
|
(9,036)
|
47,463
|
(14,667)
|
32,796
|
| Balance (shares) at Mar. 31, 2025 |
|
|
|
|
(79,046,820)
|
|
|
|
|
|
|
|
| Balance (in shares) at Mar. 31, 2025 |
|
710,670,556
|
|
170,258,970
|
|
|
|
|
|
|
|
|
| Balance at Dec. 31, 2024 |
|
$ 711
|
|
$ 170
|
$ (2,929)
|
784,598
|
(720,810)
|
6,712
|
(9,199)
|
59,253
|
(14,492)
|
$ 44,761
|
| Balance (in shares) at Dec. 31, 2024 |
|
710,414,011
|
|
170,258,970
|
|
|
|
|
|
|
|
|
| Balance (shares) at Dec. 31, 2024 |
|
|
|
|
(77,519,745)
|
|
|
|
|
|
|
|
| Increase (Decrease) in Shareholders' Equity |
|
|
|
|
|
|
|
|
|
|
|
|
| Repurchase of Class A ordinary shares (in shares) |
|
|
|
|
|
|
|
|
|
|
|
73,339
|
| Other comprehensive (loss) income |
|
|
|
|
|
|
|
|
|
|
|
$ 389
|
| True-up adjustment of ordinary shares (in shares) |
|
|
15,418,167
|
|
|
|
|
|
|
|
|
|
| True-up adjustment of treasury stock (in shares) |
|
|
|
|
|
|
|
|
|
|
|
7,816,005
|
| Exercise of share option and restricted shares vesting (in shares) |
|
763,335
|
|
|
|
|
|
|
|
|
|
|
| Balance at Sep. 30, 2025 |
|
$ 726
|
|
$ 170
|
$ (2,359)
|
772,889
|
(722,412)
|
6,712
|
(8,810)
|
46,916
|
(14,626)
|
$ 32,290
|
| Balance (shares) at Sep. 30, 2025 |
|
|
|
|
(73,034,100)
|
|
|
|
|
|
|
|
| Balance (in shares) at Sep. 30, 2025 |
|
726,595,513
|
|
170,258,970
|
|
|
|
|
|
|
|
|
| Balance at Mar. 31, 2025 |
|
$ 711
|
|
$ 170
|
$ (2,986)
|
773,520
|
(721,628)
|
6,712
|
(9,036)
|
47,463
|
(14,667)
|
32,796
|
| Balance (in shares) at Mar. 31, 2025 |
|
710,670,556
|
|
170,258,970
|
|
|
|
|
|
|
|
|
| Balance (shares) at Mar. 31, 2025 |
|
|
|
|
(79,046,820)
|
|
|
|
|
|
|
|
| Increase (Decrease) in Shareholders' Equity |
|
|
|
|
|
|
|
|
|
|
|
|
| Stock-based compensation |
|
|
|
|
|
30
|
|
|
|
30
|
215
|
245
|
| Repurchase of Class A ordinary shares |
|
|
|
|
$ (29)
|
|
|
|
|
(29)
|
|
(29)
|
| Repurchase of Class A ordinary shares (in shares) |
|
|
|
|
(1,235,655)
|
|
|
|
|
|
|
|
| Other comprehensive (loss) income |
|
|
|
|
|
|
|
|
325
|
325
|
|
325
|
| Change of shares withheld for payroll taxes on restricted shares into treasury stock (in shares) |
[1] |
|
|
|
(9,450)
|
|
|
|
|
|
|
|
| Net income (loss) |
|
|
|
|
|
|
507
|
|
|
507
|
(72)
|
435
|
| True-up adjustment of shares |
|
$ 15
|
|
|
|
(15)
|
|
|
|
|
|
|
| True-up adjustment of ordinary shares (in shares) |
|
15,418,167
|
|
|
|
|
|
|
|
|
|
|
| Exercise of share option and restricted shares vesting (in shares) |
[2] |
251,370
|
|
|
|
|
|
|
|
|
|
|
| Balance at Jun. 30, 2025 |
|
$ 726
|
|
$ 170
|
$ (3,015)
|
773,535
|
(721,121)
|
6,712
|
(8,711)
|
48,296
|
(14,524)
|
33,772
|
| Balance (shares) at Jun. 30, 2025 |
|
|
|
|
(80,291,925)
|
|
|
|
|
|
|
|
| Balance (in shares) at Jun. 30, 2025 |
|
726,340,093
|
|
170,258,970
|
|
|
|
|
|
|
|
|
| Increase (Decrease) in Shareholders' Equity |
|
|
|
|
|
|
|
|
|
|
|
|
| Stock-based compensation |
|
|
|
|
|
28
|
|
|
|
28
|
137
|
165
|
| Repurchase of Class A ordinary shares |
|
|
|
|
$ (18)
|
|
|
|
|
(18)
|
|
$ (18)
|
| Repurchase of Class A ordinary shares (in shares) |
|
|
|
|
(547,200)
|
|
|
|
|
|
|
12,160
|
| Other comprehensive (loss) income |
|
|
|
|
|
|
|
|
(99)
|
(99)
|
|
$ (99)
|
| Change of shares withheld for payroll taxes on restricted shares into treasury stock (in shares) |
[1] |
|
|
|
(10,980)
|
|
|
|
|
|
|
|
| Net income (loss) |
|
|
|
|
|
|
(1,291)
|
|
|
(1,291)
|
(239)
|
(1,530)
|
| True-up adjustment of shares |
|
|
|
|
$ 674
|
(674)
|
|
|
|
|
|
|
| True-up adjustment of treasury stock (in shares) |
|
|
|
|
7,816,005
|
|
|
|
|
|
|
|
| Exercise of share option and restricted shares vesting (in shares) |
[2] |
255,420
|
|
|
|
|
|
|
|
|
|
|
| Balance at Sep. 30, 2025 |
|
$ 726
|
|
$ 170
|
$ (2,359)
|
$ 772,889
|
$ (722,412)
|
$ 6,712
|
$ (8,810)
|
$ 46,916
|
$ (14,626)
|
$ 32,290
|
| Balance (shares) at Sep. 30, 2025 |
|
|
|
|
(73,034,100)
|
|
|
|
|
|
|
|
| Balance (in shares) at Sep. 30, 2025 |
|
726,595,513
|
|
170,258,970
|
|
|
|
|
|
|
|
|
|
|