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Note 22 - Segment Reporting
 6 Months Ended
Jun. 30, 2019
Notes to Financial Statements  
Segment Reporting Disclosure [Text Block]
22.
 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.
 
Six Months Ended
June 30, 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    
24,020
      
-
      
-
      
-
 
    
-
      
24,020
  
Cost of revenues    
23,212
      
-
      
-
      
-
 
    
-
      
23,212
  
Total operating expenses    
1,850
      
36
      
11
      
871
(1)
    
-
      
2,768
  
Depreciation and amortization expense included in total operating expenses    
35
      
-
      
1
      
16
 
    
-
      
52
  
Operating loss    
(1,042
 )    
(36
 )    
(11
 )    
(871
)
    
-
      
(1,960
 )
                                                 
Change in fair value of warrant liabilities    
-
      
-
      
-
      
471
 
    
-
      
471
  
                                                 
Net loss    
(1,075
 )    
(36
 )    
(11
 )    
(400
)
    
-
      
(1,522
 )
                                                 
Total assets-June 30, 2019    
11,550
      
229
      
3,389
      
16,143
 
    
(16,640
 )    
14,671
  
Total assets-December 31, 2018    
12,756
      
207
      
3,396
      
17,155
 
    
(16,546
 )    
16,968
  
 
(
1
)
Including approximately
US$203,000
share-based compensation expenses.
 
Three Months Ended
June 30, 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    
15,453
      
-
      
-
      
-
 
    
-
      
15,453
  
Cost of revenues    
15,087
      
-
      
-
      
-
 
    
-
      
15,087
  
Total operating expenses    
1,145
      
18
      
6
      
419
(1)
    
-
      
1,588
  
Depreciation and amortization expense included in total operating expenses    
12
      
-
      
1
      
1
 
    
-
      
14
  
Operating loss    
(779
 )    
(18
 )    
(6
 )    
(419
)
    
-
      
(1,222
 )
                                                 
Change in fair value of warrant liabilities    
-
      
-
      
-
      
821
 
    
-
      
821
  
                                                 
Net (loss)/income    
(760
 )    
(17
 )    
(6
 )    
401
 
    
-
      
(382
 )
 
(
1
)
Including approximately
US$102,000
share-based compensation expenses.
 
Six Months Ended
June 30, 2018
 
    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    
30,689
      
91
      
-
      
371
 
    
(371
 )    
30,780
  
Cost of revenues    
29,173
      
38
      
-
      
-
 
    
-
      
29,211
  
Total operating expenses    
10,388
      
47
      
4
      
1,366
(1)
    
(371
 )    
11,434
  
Depreciation and amortization expense included in total operating expenses    
389
      
-
      
-
      
38
 
    
-
      
427
  
Impairment on goodwill included in total operating expenses    
5,412
      
-
      
-
      
-
 
    
-
      
5,412
  
Impairment on intangible assets included in total operating expenses    
1,878
      
-
      
-
      
-
 
    
-
      
1,878
  
Operating (loss)/income    
(8,872
 )    
6
      
(4
 )    
(995
)
    
-
      
(9,865
 )
                                                 
Impairment on long-term investments    
-
      
-
      
-
      
(471
)
    
-
      
(471
 )
                                                 
Change in fair value of warrant liabilities    
-
      
-
      
-
      
948
 
    
-
      
948
  
                                                 
Net (loss)/income    
(9,271
 )    
6
      
(4
 )    
(855
)
    
-
      
(10,124
 )
                                                 
Expenditure for long-term assets    
448
      
-
      
3,755
      
2
 
    
-
      
4,205
  
 
(
1
)
Including approximately
US$151,000
share-based compensation expenses.
 
 
Three Months Ended
June 30, 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    
22,520
      
-
      
-
      
-
 
    
-
      
22,520
  
Cost of revenues    
21,552
      
-
      
-
      
-
 
    
-
      
21,552
  
Total operating expenses    
8,766
      
25
      
4
      
493
(1)
    
-
      
9,288
  
Depreciation and amortization expense included in total operating expenses    
192
      
-
      
-
      
19
 
    
-
      
211
  
Impairment on goodwill included in total operating expenses    
5,412
      
-
      
-
      
-
 
    
-
      
5,412
  
Impairment on intangible assets included in total operating expenses    
1,878
      
-
      
-
      
-
 
    
-
      
1,878
  
Operating loss    
(7,798
 )    
(25
 )    
(4
 )    
(493
)
    
-
      
(8,320
 )
                                                 
Change in fair value of warrant liabilities    
-
      
-
      
-
      
(526
)
    
-
      
(526
 )
                                                 
Net loss    
(8,198
 )    
(14
 )    
(4
 )    
(1,338
)
    
-
      
(9,554
 )
                                                 
Expenditure for long-term assets    
-
      
-
      
2,555
      
1
 
    
-
      
2,556
  
 
(
1
)
Including approximately
US$76,000
share-based compensation expenses.