$AMBO
Ambow Education Holding Ltd.
CIK:0001494558|SEC Filings
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands |
6 Months Ended | |
|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
|
| Cash flows from operating activities | ||
| Net cash provided by/ (used in) operating activities | $ (122) | $ 978 |
| Cash flows from investing activities | ||
| Net cash used in investing activities | (800) | (299) |
| Cash flows from financing activities | ||
| Net cash provided by financing activities | 2,204 | |
| Effects of exchange rate changes on cash, cash equivalents and restricted cash | ||
| Net change in cash, cash equivalents and restricted cash | (922) | 2,883 |
| Cash, cash equivalents and restricted cash at beginning of periods | 8,091 | 8,441 |
| Cash, cash equivalents and restricted cash at end of periods | 7,169 | 11,324 |
| Supplemental disclosure of cash flow information | ||
| Income tax paid | (13) | |
| Interest paid | (90) | (93) |
| Supplemental disclosure of non-cash investing and financing activities: | ||
| Operating lease right-of-use assets obtained in exchange for new operating lease liabilities | $ 5,977 | |
Condensed Consolidated Balance Sheets - USD ($) $ in Thousands |
Jun. 30, 2026 |
Dec. 31, 2025 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalent | $ 4,469 | $ 831 |
| Restricted cash | 2,700 | 7,260 |
| Accounts receivable, net | 1,297 | 2,288 |
| Inventory | 380 | 80 |
| Prepaid and other current assets, net | 518 | 410 |
| Total current assets | 9,364 | 10,869 |
| Non-current assets: | ||
| Property and equipment, net | 1,774 | 1,984 |
| Intangible assets, net | 2,379 | 1,662 |
| Other non-current assets, net | 879 | 969 |
| Operating lease right-of-use asset | 4,794 | 5,312 |
| Total non-current assets | 9,826 | 9,927 |
| Total assets | 19,190 | 20,796 |
| Current liabilities: | ||
| Short-term borrowings | 500 | 500 |
| Accounts payable | 559 | 1,609 |
| Accrued and other liabilities | 1,281 | 1,542 |
| Income taxes payable, current | 1 | 1 |
| Operating lease liability, current | 1,495 | 1,285 |
| Total current liabilities | 3,836 | 4,937 |
| Non-current liabilities: | ||
| Long-term borrowings | 2,700 | 2,700 |
| Other non-current liabilities | 167 | |
| Operating lease liability, non-current | 4,063 | 4,742 |
| Total non-current liabilities | 6,763 | 7,609 |
| Total liabilities | 10,599 | 12,546 |
| Commitments and contingencies | ||
| EQUITY | ||
| Additional paid-in capital | 517,248 | 517,185 |
| Accumulated deficit | (508,688) | (508,966) |
| Accumulated other comprehensive loss | (128) | (128) |
| Total equity | 8,591 | 8,250 |
| Total liabilities and equity | 19,190 | 20,796 |
| Class A Ordinary Shares | ||
| EQUITY | ||
| Ordinary shares, value | 146 | 146 |
| Class C Ordinary Shares | ||
| EQUITY | ||
| Ordinary shares, value | $ 13 | $ 13 |