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Subsequent Events
9 Months Ended
Sep. 30, 2022
Subsequent Events [Abstract]  
Subsequent Events

23. Subsequent Events

 

In November 2022, the Company's wholly-owned subsidiary, Cytek Biosciences (Wuxi) Co., Ltd. ("Cytek Wuxi"), entered into an agreement to purchase a building, comprised of approximately 769,800 square feet, in Wuxi, China to expand the operations at the location. The purchase price is approximately $5.8 million. Cytek Wuxi entered into a loan agreement on November 7, 2022, to finance approximately $2.8 million for this purchase. The loan term is 60 months from receiving of principal amount. The loan bears interest at a fixed annual rate of 4.5%.