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Note 7 - Other Current Assets, Net
3 Months Ended
Mar. 31, 2020
Notes to Financial Statements  
Other Current Assets [Text Block]
7.
Other current assets, net
 
    March 31, 2020   December 31,2019
      Gross       Allowance for doubtful accounts       Net       Gross       Allowance for doubtful accounts       Net  
   
US$(’000)
 
US$(’000)
 
US$(’000)
 
US$(’000)
 
US$(’000)
 
US$(’000)
    (Unaudited)   (Unaudited)   (Unaudited)            
                         
Staff advances for business operations    
16
 
   
-
 
   
16
 
   
11
 
   
-
 
   
11
 
Short-term loan to an unrelated party    
815
 
   
-
 
   
815
 
   
-
 
   
-
 
   
-
 
Overdue deposits    
706
 
   
(706
)
   
-
 
   
717
 
   
(717
)
   
-
 
Total    
1,537
 
   
(706
)
   
831
 
   
728
 
   
(717
)
   
11
 
 
As of
March 31, 2020,
other current assets primarily include a temporary working capital loan that the Company lent to an unrelated party during the
first
fiscal quarter of
2020.
This loan is unsecured, interest free and payment on demand.
 
As of
March 31, 2020
and
December 31, 2019,
other current assets also included an approximately
RMB5
million (approximately
US$0.7
million) overdue contractual deposit related to an advertising resources purchase contract that had been completed with
no
further cooperation. Based on the assessment of the collectability of this overdue deposit as of
March 31, 2020
and
December 31, 2019,
the Company had provided full allowance to against this doubtful account.