Consolidated Statements of Comprehensive Income (Loss) - USD ($)
|
12 Months Ended |
Dec. 31, 2020 |
Dec. 31, 2019 |
Dec. 31, 2018 |
| Total revenues |
$ 133,563,921
|
$ 64,428,690
|
$ 43,656,954
|
| Cost of revenues |
(47,199,851)
|
(20,417,464)
|
(12,634,565)
|
| Gross profit |
86,364,070
|
44,011,226
|
31,022,389
|
| Operating expenses: |
|
|
|
| Research and development expenses |
(49,494,413)
|
(23,622,830)
|
(14,425,536)
|
| Sales and marketing expenses |
(25,723,472)
|
(19,408,377)
|
(11,986,444)
|
| General and administrative expenses |
(18,010,124)
|
(7,176,816)
|
(5,372,990)
|
| Total operating expenses |
(93,228,009)
|
(50,208,023)
|
(31,784,970)
|
| Other operating income |
1,672,241
|
107,852
|
1,025,148
|
| Income (loss) from operations |
(5,191,698)
|
(6,088,945)
|
262,567
|
| Exchange gain (loss) |
(65,400)
|
86,874
|
(20,549)
|
| Interest income |
2,704,032
|
625,970
|
239,176
|
| Income (loss) before income taxes |
(2,553,066)
|
(5,376,101)
|
481,194
|
| Income taxes |
(561,794)
|
(801,337)
|
(105,078)
|
| Net income (loss) |
(3,114,860)
|
(6,177,438)
|
376,116
|
| Less: cumulative undeclared dividends on convertible redeemable preferred shares |
(6,714,852)
|
(9,961,473)
|
(9,961,473)
|
| Less: accretion on convertible redeemable preferred shares to redemption value |
(193,465,743)
|
(50,714,953)
|
(33,234,811)
|
| Net loss attributable to Agora, Inc.’s ordinary shareholders |
(203,295,455)
|
(66,853,864)
|
(42,820,168)
|
| Other comprehensive income (loss): |
|
|
|
| Foreign currency translation adjustments |
2,929,387
|
(358,083)
|
(749,030)
|
| Total comprehensive loss attributable to Agora, Inc.’s ordinary shareholders |
$ (200,366,068)
|
$ (67,211,947)
|
$ (43,569,198)
|
| Net loss per share attributable to Agora, Inc.’s ordinary shareholders—basic and diluted (in dollars per share) |
$ (0.76)
|
$ (0.58)
|
$ (0.39)
|
| Weighted average number of ordinary shares—basic and diluted (in shares) |
268,849,967
|
115,716,392
|
109,141,311
|
| Share-based compensation expenses included in: |
|
|
|
| Share-based compensation |
$ 11,975,159
|
$ 4,252,169
|
$ 2,850,352
|
| Cost of revenues |
|
|
|
| Share-based compensation expenses included in: |
|
|
|
| Share-based compensation |
357,053
|
79,552
|
49,893
|
| Research and development expenses |
|
|
|
| Share-based compensation expenses included in: |
|
|
|
| Share-based compensation |
5,312,704
|
1,472,528
|
919,773
|
| Sales and marketing expenses |
|
|
|
| Share-based compensation expenses included in: |
|
|
|
| Share-based compensation |
2,060,523
|
1,653,717
|
975,297
|
| General and administrative expenses |
|
|
|
| Share-based compensation expenses included in: |
|
|
|
| Share-based compensation |
4,244,879
|
1,046,372
|
905,389
|
| Real-time engagement service revenues |
|
|
|
| Total revenues |
131,148,297
|
63,925,303
|
43,199,085
|
| Other revenues |
|
|
|
| Total revenues |
$ 2,415,624
|
$ 503,387
|
$ 457,869
|