Note 9 - Property and Equipment, Net

12 Months Ended

Dec. 31, 2019

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

9. Property and equipment, net

	As of December 31,
	2019			2018
	US$(’000)			US$(’000)
Leasehold improvement		-			321
Vehicles		758			771
Office equipment		1,331			1,353
Electronic devices		937			952
Property and equipment, cost		3,026			3,397
Less: accumulated depreciation		(2,948	)		(3,255	)
Property and equipment, net		78			142

Depreciation expenses in the aggregate for the years ended

December 31, 2019

and

2018

were approximately

US$0.06

million and

US$0.16

million, respectively. Leasehold improvement related to the Company’s previous principle executive office in Beijing, which had been fully depreciated, was disposed upon completion of the relocation with

no

gain or loss recognized for the year ended

December 31, 2019.