Consolidated Balance Sheets ¥ in Thousands, $ in Thousands		Dec. 31, 2018 USD ($)		Dec. 31, 2017 USD ($)
Current assets
Cash and cash equivalents		$ 3,742		$ 2,952
Accounts receivable, net of allowance for doubtful accounts of $3,393 and $2,793, respectively		6,359		7,215
Other receivables, net		19		2,646
Prepayment and deposit to suppliers		2,154		4,073
Due from related parties, net		226		14
Total current assets		12,500		16,900
Long-term investments				918
Property and equipment, net		142		299
Intangible assets, net		45		3,808
Blockchain application platform development costs		3,725
Goodwill				5,277
Deferred tax assets, net		556		1,358
Total Assets		16,968		28,560
Current liabilities
Short-term bank loan *	[1]	874		765
Accounts payable *	[1]	2,869		2,851
Advances from customers *	[1]	1,061		3,559
Accrued payroll and other accruals *	[1]	521		559
Due to investors related to terminated security purchase agreements				938
Payable for purchasing of software technology *			[1]	436
Taxes payable *	[1]	2,997		3,168
Other payables *	[1]	118		687
Total current liabilities		8,440		12,963
Long-term liabilities:
Long-term borrowing from a director		128		134
Warrant liabilities		606
Total Liabilities		9,174		13,097
Commitments and contingencies
Equity:
Common stock (US$0.001 par value; authorized 50,000,000 shares; issued and outstanding 16,382,543 shares and 13,982,542 shares at December 31, 2018 and 2017, respectively)		16		14
Additional paid-in capital		38,275		31,554
Statutory reserves		2,607		2,607
Accumulated deficit		(34,512)		(20,487)
Accumulated other comprehensive income		1,457		1,598
Total ChinaNet Online Holdings, Inc.’s stockholders’ equity		7,843		15,286
Noncontrolling interests		(49)		177
Total equity		7,794		15,463
Total Liabilities and Equity		$ 16,968		$ 28,560

[1] All of the VIEs' assets can be used to settle obligations of their primary beneficiary. Liabilities recognized as a result of consolidating these VIEs do not represent additional claims on the Company's general assets (Note 2).