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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
CURRENT ASSETS:    
Cash and cash equivalents $ 2,085 $ 7,102
Inventories 65 31
Other receivables   8,848
Due from related parties   8,848
Prepayment for vehicle purchase and other current assets, net 597 26,321
TOTAL CURRENT ASSETS 4,202 42,302
Property and equipment, net 403 49
Goodwill 38,201  
Intangible assets, net 24,438 12,903
Operating lease right-of-use assets 389 428
TOTAL NON-CURRENT ASSETS 63,431 13,380
TOTAL ASSETS 67,633 55,682
CURRENT LIABILITIES:    
Short-term borrowings   2,000
Short-term operating lease liabilities 126 119
Convertible notes 2,392 4,305
Income tax payable 764 776
Warrant liability 232 24
Payable for sales incentive 417 1,638
Accrued expenses and other current liabilities 8,903 9,379
TOTAL CURRENT LIABILITIES 15,115 19,868
Long-term operating lease liabilities 238 311
Deferred tax liabilities 3,263  
TOTAL LIABILITIES 18,616 20,179
COMMITMENT AND CONTINGENCIES
EQUITY    
Ordinary Shares (par value of $0.00075 per shares; 66,666,667 shares authorized, 49,806,556 and 15,891,257 shares issued as of December 31, 2023 and 2022, respectively. 49,806,556 and 15,216,681 shares outstanding as of December 31, 2023 and 2022, respectively)* [1] 37 11
Additional paid-in capital 399,117 312,831
Subscription receivable (17,900)  
Statutory reserve 8 8
Accumulated deficit (336,571) (283,008)
Accumulated other comprehensive income 890 1,470
TOTAL KAIXIN AUTO HOLDINGS' SHAREHOLDERS' EQUITY 45,583 31,315
Non-controlling interests 3,434 4,188
TOTAL EQUITY 49,017 35,503
TOTAL LIABILITIES AND EQUITY 67,633 55,682
Series D convertible preferred shares    
EQUITY    
Preferred Stock, Value, Issued 1 1
Series F convertible preferred shares    
EQUITY    
Preferred Stock, Value, Issued 1 2
Related Party    
CURRENT ASSETS:    
Other receivables 1,455  
Due from related parties 1,455  
CURRENT LIABILITIES:    
Accounts payable 2,187 $ 1,627
Nonrelated Party    
CURRENT LIABILITIES:    
Accounts payable $ 94  
[1] Retroactively restated to give effect to a share consolidation at a ratio of one-for-fifteenth ordinary shares effective on September 14, 2023.