Note 4 - Accounts Receivable, Net

12 Months Ended

Dec. 31, 2018

Notes to Financial Statements

Accounts Receivable Disclosure [Text Block]

4. Accounts receivable, net

	As of December 31,
	2018			2017
	US$(’000)			US$(’000)
Accounts receivable		9,752			10,008
Allowance for doubtful accounts		(3,393	)		(2,793	)
Accounts receivable, net		6,359			7,215

All of the accounts receivable are non-interest bearing. Based on the assessment of the collectability of the accounts receivable as of

December 31, 2018

and

2017,

the Company provided approximately

US$3,393,000

and

US$2,793,000

allowance for doubtful accounts, respectively, which were primarily related to the accounts receivable of the Company’s internet advertising and TV advertising business segment with an aging over

six

months. The Company evaluates its accounts receivable with an aging over

six

months and determines the allowance based on aging data, historical collection experience, customer specific facts and economic conditions. For the years ended

December 31, 2018

and

2017,

approximately

US$0.76

million and

US$1.28

million allowance for doubtful accounts was provided. For the years ended

December 31, 2018

and

2017,

the Company also charged off approximately US$

nil

and

US$1.41

million account receivable balances against the related allowance for doubtful accounts, respectively, as all means of collection of these balances have been exhausted and the potential for recovery is considered remote.