v3.26.1
Consolidated Statements of Changes in Equity - CNY (¥)
¥ in Thousands
Ordinary Shares
Class A
Ordinary Shares
Class B
Treasury stock
Additional paid-in capital
Accumulated deficit
Accumulated other comprehensive loss
Token Cat Limited shareholders’ equity
Balance at Dec. 31, 2022 ¥ 235 ¥ 35 ¥ (45,886) ¥ 1,296,951 ¥ (1,150,135) ¥ (8,416) ¥ 92,784
Balance (in Shares) at Dec. 31, 2022 342,329,496 55,260,580          
Balance (in Shares) at Dec. 31, 2022     (14,907,047)        
Shares issuance for vested restricted shares ¥ 1 (1)
Shares issuance for vested restricted shares (in Shares) 20,593,750          
Share-based compensation 9,546 9,546
Net income (loss) from continuing operations (3,160) (3,160)
Net loss from discontinued operations (79,811) (79,811)
Foreign currency translation adjustment 125 125
Balance at Dec. 31, 2023 ¥ 236 ¥ 35 ¥ (45,886) 1,306,496 (1,233,106) (8,291) 19,484
Balance (in Shares) at Dec. 31, 2023 362,923,246 55,260,580          
Balance (in Shares) at Dec. 31, 2023     (14,907,047)        
Shares issuance for vested restricted shares ¥ 102 (102)
Shares issuance for vested restricted shares (in Shares) 139,375,000          
Issuance of common shares and Pre-funded warrants, net of issuance costs ¥ 142 (147) (5)
Issuance of common shares and Pre-funded warrants, net of issuance costs (in Shares) 198,812,640          
Share-based compensation ¥ 11,360 17,034 28,394
Share-based compensation (in Shares)     2,141,498        
Net income (loss) from continuing operations (94,272) (94,272)
Net loss from discontinued operations (93,719) (93,719)
Foreign currency translation adjustment (689) (689)
Balance at Dec. 31, 2024 ¥ 480 ¥ 35 ¥ (34,526) 1,323,281 (1,421,097) (8,980) (140,807)
Balance (in Shares) at Dec. 31, 2024 701,110,886 55,260,580          
Balance (in Shares) at Dec. 31, 2024     (12,765,549)        
Shares issuance for vested restricted shares ¥ 18 (18)
Shares issuance for vested restricted shares (in Shares) 25,905,000          
Disposal of subsidiaries 56,748 56,748
Issuance of common shares and Pre-funded warrants, net of issuance costs ¥ 5,270 159,769 165,039
Issuance of common shares and Pre-funded warrants, net of issuance costs (in Shares) 7,357,500,000          
Cashless exercise of common stock warrants exercise ¥ 131 15,109 15,240
Cashless exercise of common stock warrants exercise (in Shares) 183,801,600          
Share-based compensation ¥ 21,413 3,147 24,560
Share-based compensation (in Shares)     4,217,002        
Net income (loss) from continuing operations 42,535 42,535
Net loss from discontinued operations (40,265) (40,265)
Foreign currency translation adjustment 9,230 9,230
Balance at Dec. 31, 2025 ¥ 5,899 ¥ 35 ¥ (13,113) ¥ 1,501,288 ¥ (1,418,827) ¥ 56,998 ¥ 132,280
Balance (in Shares) at Dec. 31, 2025 8,268,317,486 55,260,580          
Balance (in Shares) at Dec. 31, 2025     (8,548,547)