| Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | ||
|---|---|---|---|---|---|---|
Assets | ||||||
Current assets | ||||||
Cash and cash equivalents | ||||||
685,827 | 257,564 | 169,469 | 450,968 | 55,374 | ||
Term deposits | ||||||
373,794 | 393,759 | 300,000 | - | - | ||
Accounts receivable, net of allowance for doubtful accounts of $nil and $90 as of December 31, 2016 and 2017 respectively | ||||||
39,597 | 36,078 | 14,896 | 7,038 | 1,935 | ||
Amount due from related parties | ||||||
5,143 | 88 | 1,175 | - | 198 | ||
Prepaid expenses and other current assets | ||||||
82,717 | 32,592 | 18,297 | 8,009 | 1,204 | ||
Deferred tax assets, current | ||||||
- | 72 | - | - | - | ||
Short-term investment | ||||||
1,614 | - | - | - | - | ||
Total current assets | ||||||
1,188,692 | 720,153 | 503,837 | 466,015 | 58,711 | ||
Property and equipment, net | ||||||
39,762 | 13,932 | 16,259 | 9,936 | 3,363 | ||
Intangible assets | ||||||
7,462 | - | - | - | - | ||
Rental deposits | ||||||
2,651 | 920 | 743 | 793 | - | ||
Long term investments | ||||||
44,337 | 31,932 | 19,318 | 1,760 | 951 | ||
Other non-current assets | ||||||
8,495 | 2,593 | 2,000 | - | - | ||
Deferred tax assets, non-current | ||||||
7,197 | 208 | - | - | - | ||
Goodwill | ||||||
3,401 | - | - | - | - | ||
Total assets | ||||||
1,301,997 | 769,738 | 542,157 | 478,504 | 63,025 | ||
Liabilities and equity | ||||||
Current liabilities | ||||||
Accounts payable (including accounts payable of the consolidated VIE without recourse to the Company of $36,812 and $54,937 as of December 31, 2016 and 2017, respectively) | ||||||
74,535 | 40,457 | 10,445 | 5,900 | 344 | ||
Deferred revenue (including deferred revenue of the consolidated VIE without recourse to the Company of $41,277 and $64,788 as of December 31, 2016 and 2017, respectively) | ||||||
64,865 | 41,277 | 28,274 | 16,348 | 3,714 | ||
Accrued expenses and other current liabilities (including accrued expenses and other current liabilities of the consolidated VIE without recourse to the Company of $6,632 and $30,802 as of December 31, 2016 and 2017, respectively) | ||||||
87,809 | 39,965 | 26,694 | 9,415 | 1,508 | ||
Amount due to related parties (including amount due to related parties of the consolidated VIE without recourse to the Company of $1,510 and $29 as of December 31, 2016 and 2017, respectively) | ||||||
5,804 | 8,117 | 6,532 | 6,450 | - | ||
Income tax payable (including income tax payable of the consolidated VIE without recourse to the Company of $3,881 and $11,765 as of December 31, 2016 and 2017, respectively) | ||||||
27,033 | 3,881 | - | - | - | ||
Total current liabilities | ||||||
260,046 | 133,697 | 71,945 | 38,113 | 5,566 | ||
Deferred tax liabilities, non-current | ||||||
1,866 | - | - | - | - | ||
Other non-current liabilities | ||||||
2,305 | 2,022 | 1,826 | - | - | ||
Total liabilities | ||||||
264,217 | 135,719 | 73,771 | 38,113 | 5,566 | ||
Commitments and contingencies (Note14) | ||||||
0 | 0 | 0 | 0 | 0 | ||
Equity | ||||||
Treasury stock | ||||||
64,494 | 64,494 | 64,494 | 64,494 | - | ||
Additional paid-in capital | ||||||
713,721 | 663,498 | 631,474 | 613,678 | 1,710 | ||
Subscription receivable | ||||||
- | - | - | - | 15 | ||
Retained earnings | ||||||
369,707 | 51,141 | -94,109 | -107,806 | -24,728 | ||
Accumulated other comprehensive (loss)/ income | ||||||
15,954 | -16,168 | -4,526 | -1,027 | 158 | ||
Noncontrolling interest | ||||||
2,849 | - | - | - | - | ||
Total equity | ||||||
1,037,780 | 634,019 | 468,386 | 440,391 | -22,860 | ||
Total liabilities and equity | ||||||
1,301,997 | 769,738 | 542,157 | 478,504 | 63,025 | ||