51TALK ONLINE EDUCATION GROUP - Annual Financials - Balance Sheet (SEC)

Updated on January 3, 2026.

Related Topics: SEC Topic List.

Data Source: SEC.

See details in table below.

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51TALK ONLINE EDUCATION GROUP - Annual Balance Sheet (In Thousands of USD, Except Per Share Amounts)

Breakdown	2024-12-31	2023-12-31	2022-12-31
Cash and cash equivalents	27758	3605
Time deposits	1430	1000
Prepaid expenses and other current assets	10906	6394
Total current assets	40094	29783
Property and equipment, net	363	10
Intangible assets, net	80	92
Right-of-use assets	2657	723
Deferred tax assets	57	72
Other non-current assets	460	348
Total non-current assets	3848	1373
Total assets	43942	31156
Advances from students	45064	27214
Accrued expenses and other current liabilities	243	6189
Lease liabilities	1242	590
Taxes payable	1100	1060
Amount due to related parties	2853	4077
Total current liabilities	243	473
Lease liabilities	1242	590
Other non-current liabilities	310	176
Total non-current liabilities	1751	217
Total liabilities	32907	39347
Commitments and contingencies	0	0
Ordinary shares	10	10
Additional paid-in capital	339249	338316
Surplus reserves	1	1
Accumulated other comprehensive loss	-685	-326
Accumulated deficit	-353600	-346365
Total shareholders' deficit	-15000	-8340
Noncontrolling interest	288	149
Total deficit	-14712	338316	303
Total liabilities and shareholders' deficit	43942	19365
Ordinary shares, par value (in dollars per share)	0.0001	0.0001
Ordinary shares, issued (in shares)	350794.377	103606.98
Ordinary shares, outstanding (in shares)	247187.397	343300.197