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Note 21 - Segment Reporting
3 Months Ended
Mar. 31, 2019
Notes to Financial Statements  
Segment Reporting Disclosure [Text Block]
21.
Segment reporting
 
The Company follows ASC Topic
280
“Segment Reporting”, which requires that companies disclose segment data based on how management makes decisions about allocating resources to segments and evaluating their performance. Reportable operating segments include components of an entity about which separate financial information is available and which operating results are regularly reviewed by the chief operating decision maker (“CODM”), the Company’s Chief Executive Officer, to make decisions about resources to be allocated to the segment and assess each operating segment’s performance.
 
Three Months Ended
March 31, 2019 (
Unaudited)
 
     
Internet Ad.
and data
service
      TV Ad.      
Blockchain
technology
      Corporate      
Inter-
segment and
reconciling
item
      Total  
   
US$

(‘000)
 
US$

(‘000)
 
US$

(‘000)
 
US$

(‘000)
 
US$

(‘000)
 
US$

(‘000)
                         
Revenues    
8,567
 
   
-
 
   
-
 
   
-
 
   
-
 
   
8,567
 
Cost of revenues    
8,125
 
   
-
 
   
-
 
   
-
 
   
-
 
   
8,125
 
Total operating expenses    
705
 
   
18
 
   
5
 
   
452
(1)
   
-
 
   
1,180
 
Depreciation and amortization expense included in total operating expenses    
23
 
   
-
 
   
-
 
   
15
 
   
-
 
   
38
 
Operating loss    
(263
)
   
(18
)
   
(5
)
   
(452
)
   
-
 
   
(738
)
                                                 
Change in fair value of warrant liabilities    
-
 
   
-
 
   
-
 
   
(350
)
   
-
 
   
(350
)
                                                 
Net loss    
(315
)
   
(19
)
   
(5
)
   
(801
)
   
-
 
   
(1,140
)
                                                 
Total assets-March 31, 2019    
11,587
 
   
242
 
   
3,391
 
   
16,695
 
   
(16,840
)
   
15,075
 
Total assets-December 31, 2018    
12,756
 
   
207
 
   
3,396
 
   
17,155
 
   
(16,546
)
   
16,989
 
 
(
1
)
Including approximately
US$101,000
share-based compensation expenses.
 
Three Months Ended
March 31, 2018 (
Unaudited)
 
     
Internet Ad.
and data
service
      TV Ad.      
Blockchain
technology
      Corporate      
Inter-
segment and
reconciling
item
      Total  
     
US$
(‘000)
     
US$
(‘000)
     
US$
(‘000)
     
US$
(‘000)
 
   
US$
(‘000)
     
US$
(‘000)
 
                                                 
Revenues    
8,169
     
91
     
-
     
371
 
   
(371
)    
8,260
 
Cost of revenues    
7,621
     
38
     
-
     
-
 
   
-
     
7,659
 
Total operating expenses    
1,622
     
22
     
-
     
873
(1)
   
(371
)    
2,146
 
Depreciation and amortization expense included in total operating expenses    
197
     
-
     
-
     
19
 
   
-
     
216
 
Operating (loss)/income    
(1,074
)    
31
     
-
     
(502
)
   
-
     
(1,545
)
                                                 
Impairment on long-term investments    
-
     
-
     
-
     
(471
)
   
-
     
(471
)
                                                 
Change in fair value of warrant liabilities    
-
     
-
     
-
     
1,474
 
   
-
     
1,474
 
                                                 
Net (loss)/income    
(1,073
)    
20
     
-
     
483
 
   
-
     
(570
)
                                                 
Expenditure for long-term assets    
448
     
-
     
1,200
     
1
 
   
-
     
1,649
 
 
(
1
)
Including approximately
US$75,000
share-based compensation expenses.