Consolidated Statements of Comprehensive Loss - USD ($)
$ in Thousands |
12 Months Ended |
Dec. 31, 2022 |
Dec. 31, 2021 |
Dec. 31, 2020 |
| Total revenues |
$ 160,670
|
$ 167,982
|
$ 133,564
|
| Cost of revenues |
(61,247)
|
(63,975)
|
(47,199)
|
| Gross profit |
99,423
|
104,007
|
86,365
|
| Operating expenses: |
|
|
|
| Research and development expenses |
(114,502)
|
(110,666)
|
(49,494)
|
| Sales and marketing expenses |
(53,769)
|
(46,276)
|
(25,724)
|
| General and administrative expenses |
(38,671)
|
(30,326)
|
(18,010)
|
| Total operating expenses |
(206,942)
|
(187,268)
|
(93,228)
|
| Other operating income |
3,697
|
2,568
|
1,672
|
| Impairment of goodwill |
(11,941)
|
|
|
| Loss from operations |
(115,763)
|
(80,693)
|
(5,191)
|
| Exchange (loss) gain |
(5,021)
|
558
|
(66)
|
| Interest income |
9,636
|
8,353
|
2,704
|
| Investment loss (including impairment) |
(8,813)
|
(1,659)
|
|
| Other Income |
|
1,597
|
|
| Loss before income taxes |
(119,961)
|
(71,844)
|
(2,553)
|
| Income taxes |
(663)
|
(840)
|
(562)
|
| Equity in income of affiliates |
244
|
329
|
|
| Net loss |
(120,380)
|
(72,355)
|
(3,115)
|
| Less: cumulative undeclared dividends on convertible redeemable preferred shares |
0
|
0
|
(6,715)
|
| Less: accretion on convertible redeemable preferred shares to redemption value |
0
|
0
|
(193,466)
|
| Net loss attributable to Agora, Inc.'s ordinary shareholders |
(120,380)
|
(72,355)
|
(203,296)
|
| Other comprehensive loss: |
|
|
|
| Foreign currency translation adjustments |
(9,857)
|
1,307
|
2,929
|
| Unrealized gain on debt securities |
(1,286)
|
(99)
|
|
| Total comprehensive loss attributable to Agora, Inc.'s ordinary shareholders |
$ (131,523)
|
$ (71,147)
|
$ (200,367)
|
| Net loss per share attributable to Agora, Inc.'s ordinary shareholders-basic |
$ (0.27)
|
$ (0.16)
|
$ (0.76)
|
| Net loss per share attributable to Agora, Inc.'s ordinary shareholders-diluted |
$ (0.27)
|
$ (0.16)
|
$ (0.76)
|
| Weighted average number of ordinary shares-basic |
446,426,914
|
440,864,190
|
268,849,967
|
| Weighted average number of ordinary shares-diluted |
446,426,914
|
440,864,190
|
268,849,967
|
| Share-based compensation expenses included in: |
|
|
|
| Share-based compensation |
$ 32,363
|
$ 31,481
|
$ 11,974
|
| Cost of revenues |
|
|
|
| Share-based compensation expenses included in: |
|
|
|
| Share-based compensation |
906
|
879
|
357
|
| Research and development expenses |
|
|
|
| Share-based compensation expenses included in: |
|
|
|
| Share-based compensation |
18,055
|
19,737
|
5,312
|
| Sales and marketing expenses |
|
|
|
| Share-based compensation expenses included in: |
|
|
|
| Share-based compensation |
6,140
|
4,843
|
2,061
|
| General and administrative expenses |
|
|
|
| Share-based compensation expenses included in: |
|
|
|
| Share-based compensation |
7,262
|
6,022
|
4,244
|
| Real-time engagement service revenues |
|
|
|
| Total revenues |
152,886
|
159,943
|
131,149
|
| Other revenues |
|
|
|
| Total revenues |
$ 7,784
|
$ 8,039
|
$ 2,415
|