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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:      
NET LOSS $ (2,296) $ (3,399) $ (2,752)
Adjustments to reconcile net income (loss) to net cash used in operating activities:      
Depreciation 48 43 24
Amortization 10 12 9
Provision for expected credit losses 1 7 2
Gain on disposal or receipt of principal repayment from investment in securities   (76)  
Changes in the fair value of investment in equity securities recognized at fair value 161 2,110 (409)
Unrealized foreign exchange (gain) loss 601 (85) 1,022
Other     3
Net changes in:      
Accounts receivable 85 (35) 64
Prepaid expenses (16) 7 341
Prepaid licensing and royalty fees (122) 152 (142)
Prepaid pension assets (37) 9 (59)
Other assets (284) 272 (141)
Accounts payable (6) (9) (66)
Accrued expenses (437) 31 (284)
Other liabilities (41) (232) (121)
Net cash used in operating activities (2,333) (1,193) (2,509)
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchase of investment in securities (1,063) (105)  
Purchases of property, plant and equipment (46) (52) (52)
Increase in intangible assets (4) (6) (18)
Proceeds from disposal or receipt of principal repayment from investment in securities   1,000  
Net cash provided by (used in) investing activities (1,113) 837 (70)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Net foreign currency exchange differences on cash, cash equivalents and restricted cash (243) 32 (75)
NET DECREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH (3,689) (324) (2,654)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT BEGINNING OF YEAR 38,783 39,107 41,761
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF YEAR $ 35,094 $ 38,783 $ 39,107