XML 40 R23.htm IDEA: XBRL DOCUMENT v3.24.1
Other income, net
 12 Months Ended
Dec. 31, 2023
Component of Operating Income [Abstract]  
Other income, net
16.
Other income, net
 
 
  
For the year ended December 31,
 
 
  
2021
 
  
2022
 
  
2023
 
 
  
(in thousands)
 
Government grants (Note a)
      661        29,799        13,201  
Interest expense and guarantee fee
      (197 )       (73 )       (62 ) 
Change in fair value of short-term investments
      —         —         174  
Others
      79        —         (122 ) 
  
 
 
     
 
 
     
 
 
  
     543        29,726        13,191  
  
 
 
     
 
 
     
 
 
  
Note a: The government grants are provided by local government to support the qualified projects of IC industry with no repayment obligations. The amount recognized represents conditions for meeting grants are fulfilled for the years ended December 31, 2021, 2022 and 2023.