| Dec'17 | Jun'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | |
|---|---|---|---|---|---|---|
ASSETS | ||||||
Current assets: | ||||||
Cash and cash equivalents | ||||||
1,000,953 | 224,080 | 364,766 | 237,440 | 284,865 | 246,436 | |
Short-term investments | ||||||
791,730 | 385,105 | 31,188 | 98,439 | 166,414 | 252,342 | |
Accounts receivable due | ||||||
170,100 | 134,673 | 116,054 | 120,230 | 120,210 | 47,304 | |
Prepaid expenses and other current assets | ||||||
69,233 | 70,485 | 66,664 | 42,295 | 18,357 | 5,693 | |
Amount due from SINA | ||||||
16,356 | - | 18,565 | - | - | - | |
Total current assets | ||||||
2,048,372 | 875,703 | 597,237 | 498,404 | 589,846 | 551,775 | |
Property and equipment, net | ||||||
33,793 | 25,924 | 22,816 | 22,850 | 30,874 | 35,702 | |
Intangible assets, net | ||||||
517 | 811 | 1,100 | 1,966 | 3,539 | 3,071 | |
Goodwill | ||||||
13,420 | 10,662 | 10,266 | 11,117 | 11,652 | 7,517 | |
Long-term investments | ||||||
452,337 | 419,711 | 399,933 | 294,679 | 63,777 | 5,500 | |
Other assets | ||||||
13,380 | 10,553 | 5,592 | 10,173 | 3,826 | 3,369 | |
Total assets | ||||||
2,561,819 | 1,343,364 | 1,036,944 | 839,189 | 703,514 | 606,934 | |
LIABILITIES AND SHAREHOLDERS' EQUITY | ||||||
Current liabilities (including amounts of the consolidated VIE without recourse to the primary beneficiaries of $137,256 and $217,602 as of December 31, 2016 and 2017, respectively.) | ||||||
Accounts payable | ||||||
134,950 | 86,565 | 48,997 | 40,456 | 2,420 | 824 | |
Accrued and other liabilities | ||||||
268,615 | 220,980 | 180,142 | 117,040 | - | - | |
Accrued liabilities due to third parties and employees | ||||||
- | - | - | - | 81,809 | 52,907 | |
Accrued liabilities due to related parties (Note 10) | ||||||
- | - | - | - | 5,786 | 3,507 | |
Deferred revenues | ||||||
81,311 | 58,971 | 48,964 | 39,091 | 20,957 | 15,031 | |
Amount due to SINA | ||||||
- | - | - | 12,188 | 24,279 | 267,722 | |
Investor option liability | ||||||
- | - | - | - | - | 29,504 | |
Total current liabilities | ||||||
484,876 | 430,232 | 278,103 | 208,775 | 135,251 | 369,495 | |
Long-term liabilities | ||||||
Convertible debt | ||||||
879,983 | - | - | - | - | - | |
Long-term deferred revenues | ||||||
286 | 476 | 666 | 1,047 | - | - | |
Other long-term liabilities | ||||||
- | 758 | - | 1,338 | 873 | - | |
Deferred tax liability | ||||||
1,880 | - | 817 | - | - | 768 | |
Total long-term liabilities | ||||||
882,149 | 1,234 | 1,483 | 2,385 | 873 | 768 | |
Total liabilities | ||||||
1,367,025 | 431,466 | 279,586 | 211,160 | 136,124 | 370,263 | |
Commitments and contingencies (Note 16) | ||||||
0 | 0 | 0 | 0 | 0 | 0 | |
Total mezzanine equity | ||||||
- | - | - | - | - | 479,612 | |
Shareholders' equity: | ||||||
Ordinary shares: $0.00025 par value; 2,400,000 and 2,400,000 shares (including 1,800,000 Class A ordinary shares, 200,000 Class B ordinary shares and 400,000 shares to be designated) authorized; 218,076 and 222,706 shares (including 120,927 Class A ordinary shares and 101,779 Class B ordinary shares) issued and outstanding as of December 31, 2016 and 2017, respectively. | ||||||
56 | 56 | 55 | 53 | 51 | 37 | |
Additional paid-in capital | ||||||
1,030,048 | 1,003,823 | 979,805 | 938,922 | 904,402 | 31,352 | |
Accumulated other comprehensive income (loss) | ||||||
9,534 | -16,310 | -26,994 | -10,635 | -2,836 | 521 | |
Retained earnings (Accumulated deficit) | ||||||
152,949 | -79,162 | -199,641 | -307,668 | -342,413 | -274,851 | |
Total Weibo shareholders' equity | ||||||
1,192,587 | 908,407 | 753,225 | 620,672 | 559,204 | -242,941 | |
Non-controlling interests | ||||||
2,207 | 3,491 | 4,133 | 7,357 | 8,186 | - | |
Total shareholders' equity | ||||||
1,194,794 | 911,898 | 757,358 | 628,029 | 567,390 | -242,941 | |
Total liabilities and shareholders' equity | ||||||
2,561,819 | 1,343,364 | 1,036,944 | 839,189 | 703,514 | 606,934 | |