Note 14 - Taxation (Tables)

12 Months Ended

Dec. 31, 2019

Notes Tables

Schedule Of Taxes Payable [Table Text Block]

	As of December 31,
	2019		2018
	US$(’000)		US$(’000)
PRC turnover tax and surcharge payable		1,244		1,215
PRC enterprise income tax payable		1,970		1,782
Taxes payable		3,214		2,997

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

	Year Ended December 31,
	2019			2018
	US$(’000)			US$(’000)
Pre-tax loss		(1,221	)		(13,363	)
U.S. federal rate		21	%		21	%
Income tax benefit computed at U.S. federal rate		256			2,806
Reconciling items:
Rate differential for foreign earnings		137			561
Preferential tax treatment effect		(109	)		(231	)
Tax effect on non-taxable change in fair value of warrant liabilities		105			350
Tax effect on non-deductible impairment on goodwill		-			(1,303	)
Tax effect on change of net operating loss treatment		-			1,130
Tax effect on adjustment to provisional amount of toll charge income from the Act		-			(96	)
Provision of valuation allowance on deferred tax assets		(177	)		(3,504	)
Expired tax attribute carryforwards		(253	)		(365	)
Tax effect on other non-deductible expenses/non-taxable income		(8	)		(112	)
Effective income tax expense		(49	)		(764	)

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

	Year Ended December 31,
	2019			2018
	US$(’000)			US$(’000)
Current-PRC		(217	)		-
Deferred-PRC		168			(764	)
Income tax expense		(49	)		(764	)

Schedule Of Deferred Tax Assets [Table Text Block]

	As of December 31,
	2019			2018
	US$(’000)			US$(’000)
Tax effect of net operating losses carried forward		9,160			9,243
Bad debts provision		743			1,188
Valuation allowance		(9,190	)		(9,875	)
Total net deferred tax assets		713			556