Note 6 - Due From Related Parties

6 Months Ended

Jun. 30, 2021

Notes to Financial Statements

Due from Related Parties Disclosure [Text Block]

6. Due from related parties

	June 30, 2021		December 31, 2020
	US$(’000)		US$(’000)
	(Unaudited)
Zhongwang Xiyue Technology (Beijing) Co., Ltd. (“Zhongwang Xiyue”)		61		61
Guangzhou Gong Xiang Technology Co., Ltd. (“Gong Xiang Technology”)		43		-
Due from related parties		104		61

Related parties of the Company represented the Company’s direct or indirect unconsolidated investee companies and entities that the Company’s officers or directors can exercise significant influence.

As of June 30, 2021 and December 31, 2020, due from Zhongwang Xiyue represented the outstanding receivable for advertising and marketing service that the Company provided to this related party in its normal course of business, which is on the same terms as those provided to its unrelated clients.

As of June 30, 2021, due from Gong Xiang Technology was a short-term working capital loan provided to this investee entity, which is expected to be repaid to the Company for the year ending December 31, 2021.