Prepaid Expenses and Other Current Assets, Net

12 Months Ended

Dec. 31, 2021

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Prepaid Expenses and Other Current Assets, Net

9. Prepaid Expenses and Other Current Assets, Net

Prepaid expenses and other current assets, net as of December 31, 2021 and 2020 consist of the following:  

	December 31, 2021		December 31, 2020
Value-added tax recoverable, current	$	–	$	268
Deposit and prepayment for acquisitions, net of provision of $9,916 and $11,069, respectively		52		56
Other deposit and prepayment, net of provision of $648 and $841, respectively (a)		7,674		2,891
Other receivable, net of provision of $2,306 and $2,466, respectively (b)		1,858		1,803
Total prepaid expenses and other current assets, net	$	9,584	$	5,018

(a) Other Deposit and Prepayment

Other deposit and prepayment as of December 31, 2021 primarily include: i) purchase deposit and rent deposit of $2,506 (December 31, 2020: $1,018); ii) prepayment made to vendors to purchase PV modules, raw materials and prepaid insurance expense of $5,166 (December 31, 2020: $1,088); iii) deposit made for PDI asset purchase of nil (December 31, 2020: $785).

(b) Other receivable

Other receivable as of December 31, 2021 mainly included: operational fund lent to a third party, Tocoo Corporation with no interest bearing of $1,389 (December 31, 2020: $1,686).