Note 6 - Due From Related Parties

12 Months Ended

Dec. 31, 2021

Notes to Financial Statements

Due from Related Parties Disclosure [Text Block]

6. Due from related parties

	As of December 31,
	2021		2020
	US$(’000)		US$(’000)
Zhongwang Xiyue Technology (Beijing) Co., Ltd. (“Zhongwang Xiyue”)		62		61
Guangzhou Gong Xiang Technology Co., Ltd. (“Gong Xiang Technology”)		28		-
Due from related parties		90		61

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

As of December 31, 2021 and 2020, due from Zhongwang Xiyue represented the outstanding receivables for the 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 December 31, 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 within one year.