SEGMENT, PRODUCT, GEOGRAPHIC AND OTHER INFORMATION

12 Months Ended

Dec. 31, 2024

Segment Reporting [Abstract]

SEGMENT, PRODUCT, GEOGRAPHIC AND OTHER INFORMATION

NOTE 18. SEGMENT, PRODUCT, GEOGRAPHIC AND OTHER INFORMATION

Segment Information

We have only one segment, the digital entertainment business segment, which operates a portfolio of digital entertainment products, primarily targeting digital entertainment service users across Asia.

Our Company uses the Net income (loss), as reported on our Consolidated Statements of Comprehensive Income (Loss) as the measurement for the basis of performance assessment. The basis for such measurement is the same as that for the preparation of consolidated financial statements. Please refer to the consolidated statements of operations and comprehensive income (loss) for the related segment revenue and operating results.

Amounts of revenues and significant expense categories that are regularly provided to the CODM and included in reported segment profit or loss are summarized as follows:

(in US$ thousands)	2024			2023			2022
Revenues from external customers	$	2,969		$	4,292		$	5,585
Personnel expenses		(2,860	)		(2,998	)		(3,443	)
Licensing and royalty fees		(637	)		(952	)		(1,210	)
Depreciation		(48	)		(43	)		(24	)
Amortization		(10	)		(12	)		(9	)
Interest income		7			8			2
Interest expenses		(37	)		(38	)		(63	)
Foreign exchange gain (loss)		211			(19	)		255
Rent and utilities		(559	)		(569	)		(123	)
Other expenses		(372	)		(575	)		(1,328	)
Other non-operating income, net		1			3			70
Digital Entertainment Segment Net Loss		(1,335	)		(903	)		(288	)
Headquarters expenses		(871	)		(2,491	)		(2,277	)
Reconciliation of profit or loss
Adjustments and reconciling items		(90	)		(5	)		(187	)
Consolidated Net Loss	$	(2,296	)	$	(3,399	)	$	(2,752	)

Reconciliations of reportable segment assets and other significant items to the consolidated totals are summarized as follows:

(in US$ thousands)	2024			2023
Total assets for reportable segments	$	3,274		$	4,216
Cash held in corporate headquarters		33,856			37,040
Marketable securities - noncurrent		5,441			5,777
Elimination of receivables from corporate headquarters		(605	)		(601	)
Other unallocated amounts		392			65
Consolidated Total	$	42,358		$	46,497

(in US$ thousands)	Segment Totals			Adjustments		Consolidated Totals
2024
Revenues from external customers	$	2,969		$	—	$	2,969
Interest income		7			1,956		1,963
Interest expense		(37	)		37		—
Depreciation and amortization		(58	)		—		(58	)
2023
Revenues from external customers		4,292			—		4,292
Interest income		8			1,803		1,811
Interest expense		(38	)		38		—
Depreciation and amortization		(55	)		—		(55	)
2022
Revenues from external customers		5,585			—		5,585
Interest income		2			716		718
Interest expense		(63	)		63		—
Depreciation and amortization		(33	)		—		(33	)

Interest income and expense allocated from headquarter to the digital entertainment business segment is based on internally negotiated rates and the adjustments represent amounts related to headquarters.

Major Product Lines

Revenues from our Company’s major product lines are summarized as follows:

(in US$ thousands)	2024		2023		2022
MahJong and casino casual games	$	1,051	$	1,070	$	1,308
PC-based online sports games		1,539		2,696		3,395
Mobile role playing games		338		464		801
Other games and game related revenues		41		62		81
	$	2,969	$	4,292	$	5,585

Major Customers

No single customer represented 10% or more of GigaMedia’s consolidated total net revenues in any period presented.

Geographic Information

Revenues by geographic area are attributed by country of the operating entity location. Revenue from by geographic region is as follows:

(in US$ thousands)
Geographic region / country	2024		2023		2022
Taiwan	$	1,602	$	1,785	$	2,427
Hong Kong		1,367		2,507		3,158
	$	2,969	$	4,292	$	5,585

Geographic information for property, plant and equipment, intangible assets and operating lease right-of-use assets are as follows:

(in US$ thousands)	December 31, 2024						December 31, 2023
Geographic region / country	Property, plant and equipment, net		Intangible assets, net		Operating lease right-of-use assets, net		Property, plant and equipment, net		Intangible assets, net		Operating lease right-of-use assets, net
Taiwan	$	101	$	7	$	466	$	111	$	13	$	869
Hong Kong		—		—		18		—		—		75
	$	101	$	7	$	484	$	111	$	13	$	944