Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)		Sep. 30, 2020		Dec. 31, 2019
Current assets
Cash and cash equivalents *		$ 500,000	[1]	$ 1,603,000
Accounts receivable, net of allowance for doubtful accounts of $3,996 and $3,148, respectively *	[1]	2,282,000		3,260,000
Prepayment and deposit to suppliers *	[1]	6,301,000		6,980,000
Due from related parties, net *	[1]	58,000		81,000
Other current assets, net *	[1]	961,000		11,000
Total current assets		10,102,000		11,935,000
Long-term investments *	[1]	64,000		35,000
Operating lease right-of-use assets *	[1]	4,000		12,000
Property and equipment, net *	[1]	74,000		78,000
Intangible assets, net *	[1]	1,288,000		1,899,000
Blockchain platform applications development costs		4,189,000		3,879,000
Long-term prepayments		474,000
Deferred tax assets, net *	[1]	815,000		713,000
Total Assets		17,010,000		18,551,000
Current liabilities:
Short-term bank loan	[1]			430,000
Accounts payable	[1]	552,000		408,000
Advance from customers	[1]	2,822,000		2,006,000
Accrued payroll and other accruals	[1]	442,000		491,000
Taxes payable	[1]	3,290,000		3,214,000
Lease payment liability related to short-term leases	[1]	222,000		136,000
Other current liabilities	[1]	325,000		221,000
Warrant liabilities		103,000		107,000
Total current liabilities		7,756,000		7,013,000
Long-term liabilities:
Long-term borrowing from a director		129,000		125,000
Total Liabilities		7,885,000		7,138,000
Commitments and contingencies
Equity:
Common stock (US$0.001 par value; authorized 50,000,000 shares; issued and outstanding 21,741,926 shares and 19,629,403 shares at September 30, 2020 and December 31, 2019, respectively)		22,000		20,000
Additional paid-in capital		45,569,000		43,111,000
Statutory reserves		2,607,000		2,607,000
Accumulated deficit		(40,384,000)		(35,773,000)
Accumulated other comprehensive income		1,371,000		1,505,000
Total ZW Data Action Technologies Inc.’s stockholders’ equity		9,185,000		11,470,000
Noncontrolling interests		(60,000)		(57,000)
Total equity		9,125,000		11,413,000
Total Liabilities and Equity		$ 17,010,000		$ 18,551,000

[1] All of the VIEs' assets can be used to settle obligations of their primary beneficiary. Furthermore, liabilities recognized as a result of consolidating these VIEs do not represent additional claims on the Company's general assets (Note 2).