Consolidated Statements of Comprehensive Loss - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Total revenues $ 167,982 $ 133,564 $ 64,428
Cost of revenues (63,975) (47,199) (20,417)
Gross profit 104,007 86,365 44,011
Operating expenses:      
Research and development expenses (110,666) (49,494) (23,623)
Sales and marketing expenses (46,276) (25,724) (19,408)
General and administrative expenses (30,326) (18,010) (7,177)
Total operating expenses (187,268) (93,228) (50,208)
Other operating income 2,568 1,672 108
(Loss) from operations (80,693) (5,191) (6,089)
Exchange gain (loss) 558 (66) 87
Interest income 8,353 2,704 626
Investment loss (including impairment) (1,659) 0 0
Other Income 1,597 0 0
Loss before income taxes (71,844) (2,553) (5,376)
Income taxes (840) (562) (801)
Equity in income of affiliates 329 0 0
Net loss (72,355) (3,115) (6,177)
Less: cumulative undeclared dividends on convertible redeemable preferred shares 0 (6,715) (9,962)
Less: accretion on convertible redeemable preferred shares to redemption value 0 (193,466) (50,715)
Net loss attributable to Agora, Inc.'s ordinary shareholders (72,355) (203,296) (66,854)
Other comprehensive income (loss):      
Foreign currency translation adjustments 1,307 2,929 (358)
Unrealized gain on debt securities (99) 0 0
Total comprehensive loss attributable to Agora, Inc.'s ordinary shareholders $ (71,147) $ (200,367) $ (67,212)
Net loss per share attributable to Agora, Inc.'s ordinary shareholders—basic and diluted (in dollars per share) $ (0.16) $ (0.76) $ (0.58)
Weighted average number of ordinary shares—basic and diluted 440,864,190 268,849,967 115,716,392
Share-based compensation expenses included in:      
Share-based compensation $ 31,481 $ 11,974 $ 4,253
Cost of revenues      
Share-based compensation expenses included in:      
Share-based compensation 879 357 80
Research and development expenses      
Share-based compensation expenses included in:      
Share-based compensation 19,737 5,312 1,473
Sales and marketing expenses      
Share-based compensation expenses included in:      
Share-based compensation 4,843 2,061 1,654
General and administrative expenses      
Share-based compensation expenses included in:      
Share-based compensation 6,022 4,244 1,046
Real-time engagement service revenues      
Total revenues 159,943 131,149 63,925
Other revenues      
Total revenues $ 8,039 $ 2,415 $ 503