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Note 23 - Segment Reporting
 9 Months Ended
Sep. 30, 2019
Notes to Financial Statements  
Segment Reporting Disclosure [Text Block]
23.
 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.
 
Nine Months Ended
September 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    
39,528
      
-
      
-
      
-
 
    
-
      
39,528
  
Cost of revenues    
37,828
      
-
      
-
      
-
 
    
-
      
37,828
  
Total operating expenses    
2,525
      
42
      
18
      
1,350
(1)
    
-
      
3,935
  
Depreciation and amortization expense included in total operating expenses    
47
      
-
      
2
      
17
 
    
-
      
66
  
Operating loss    
(825
 )    
(42
 )    
(18
 )    
(1,350
)
    
-
      
(2,235
 )
                                                 
Change in fair value of warrant liabilities    
-
      
-
      
-
      
351
 
    
-
      
351
  
                                                 
Net loss    
(854
 )    
(42
 )    
(18
 )    
(999
)
    
-
      
(1,913
 )
                                                 
Expenditure for long-term assets    
760
      
-
      
-
      
-
 
    
-
      
760
  
                                                 
Total assets-September 30, 2019    
16,256
      
223
      
3,383
      
18,088
 
    
(18,990
 )    
18,960
  
Total assets-December 31, 2018    
12,756
      
207
      
3,396
      
17,155
 
    
(16,546
 )    
16,968
  
 
(
1
)
Including approximately
US$307,000
share-based compensation expenses.
 
 
Three Months Ended
September 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    
15,508
      
-
      
-
      
-
 
    
-
      
15,508
  
Cost of revenues    
14,616
      
-
      
-
      
-
 
    
-
      
14,616
  
Total operating expenses    
675
      
6
      
7
      
479
(1)
    
-
      
1,167
  
Depreciation and amortization expense included in total operating expenses    
12
      
-
      
-
      
1
 
    
-
      
14
  
Operating income/(loss)    
217
      
(6
 )    
(7
 )    
(479
)
    
-
      
(275
 )
                                                 
Change in fair value of warrant liabilities    
-
      
-
      
-
      
(120
)
    
-
      
(120
 )
                                                 
Expenditure for long-term assets    
760
      
-
      
-
      
-
 
    
-
      
760
  
                                                 
Net income/(loss)    
221
      
(6
 )    
(7
 )    
(599
)
    
-
      
(391
 )
 
(
1
)
Including approximately
US$104,000
share-based compensation expenses.
 
Nine Months Ended
September 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    
47,731
      
91
      
-
      
362
 
    
(362
 )    
47,822
  
Cost of revenues    
45,822
      
38
      
-
      
-
 
    
-
      
45,860
  
Total operating expenses    
13,440
      
75
      
47
      
1,854
(1)
    
(362
 )    
15,054
  
Depreciation and amortization expense included in total operating expenses    
452
      
1
      
-
      
55
 
    
-
      
508
  
Impairment on goodwill included in total operating expenses    
5,289
      
-
      
-
      
-
 
    
-
      
5,289
  
Impairment on intangible assets included in total operating expenses    
3,380
      
-
      
-
      
-
 
    
-
      
3,380
  
Operating (loss)/income    
(11,531
 )    
(22
 )    
(47
 )    
(1,492
)
    
-
      
(13,092
 )
                                                 
Impairment on long-term investments    
-
      
-
      
-
      
(460
)
    
-
      
(460
 )
                                                 
Change in fair value of warrant liabilities    
-
      
-
      
-
      
1,449
 
    
-
      
1,449
  
                                                 
Net loss    
(11,995
 )    
(22
 )    
(47
 )    
(899
)
    
-
      
(12,963
 )
                                                 
Expenditure for long-term assets    
437
      
-
      
3,751
      
3
 
    
-
      
4,191
  
 
(
1
)
Including approximately
US$215,000
share-based compensation expenses
 
 
Three Months Ended
September 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    
17,042
      
-
      
-
      
(9
)
    
9
      
17,042
  
Cost of revenues    
16,649
      
-
      
-
      
-
 
    
-
      
16,649
  
Total operating expenses    
3,175
      
28
      
43
      
488
(1)
    
9
      
3,743
  
Depreciation and amortization expense included in total operating expenses    
63
      
1
      
-
      
17
 
    
-
      
81
  
Impairment on intangible assets included in total operating expenses    
1,502
      
-
      
-
      
-
 
    
-
      
1,502
  
Operating loss    
(2,782
 )    
(28
 )    
(43
 )    
(497
)
    
-
      
(3,350
 )
                                                 
Change in fair value of warrant liabilities    
-
      
-
      
-
      
501
 
    
-
      
501
  
                                                 
Net loss    
(2,847
 )    
(28
 )    
(43
 )    
(55
)
    
-
      
(2,973
 )
 
(
1
)
Including approximately
US$64,000
share-based compensation expenses.