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Note 7 - Other Current Assets, Net
 6 Months Ended
Jun. 30, 2020
Notes to Financial Statements  
Other Current Assets [Text Block]
7.
 Other current assets, net
 
    June 30, 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    
15
      
-
      
15
      
11
      
-
      
11
  
Short-term loan to an unrelated party    
944
      
-
      
944
      
-
      
-
      
-
  
Overdue deposits    
706
      
(706
 )    
-
      
717
      
(717
 )    
-
  
Total    
1,665
      
(706
 )    
959
      
728
      
(717
 )    
11
  
 
As of
June 30, 2020,
other current assets primarily include a temporary working capital loan that the Company lent to an unrelated party during the
six
months ended
June 30, 2020.
This loan is unsecured, interest free and payment on demand.
 
As of
June 30, 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
June 30, 2020
and
December 31, 2019,
the Company had provided full allowance to against this doubtful account.