Note 2 - Variable Interest Entities (Tables)

12 Months Ended

Dec. 31, 2021

Notes Tables

Schedule of Variable Interest Entities [Table Text Block]

	As of December 31,
	2021		2020
	US$(’000)		US$(’000)
Assets
Current assets:
Cash and cash equivalents	$	181	$	277
Accounts receivable, net		2,796		1,142
Prepayment and deposit to suppliers		5,287		2,818
Due from related parties		90		61
Other current assets		4		10
Total current assets		8,358		4,308
Long-term investments		496		67
Operating lease right-of-use assets		21		48
Property and equipment, net		168		32
Intangible assets, net		-		9
Deferred tax assets		441		536
Total Assets	$	9,484	$	5,000
Liabilities
Current liabilities:
Accounts payable	$	1,119	$	270
Advances from customers		1,113		1,436
Accrued payroll and other accruals		83		168
Taxes payable		2,849		2,755
Operating lease liabilities		9		18
Lease payment liabilities related to short-term leases		110		108
Other current liabilities		53		213
Total current liabilities		5,336		4,968
Operating lease liabilities-Non current		10		32
Total Liabilities	$	5,346	$	5,000

Financial Performance of VIEs [Table Text Block]

	Year Ended December 31,
	2021		2020
	US$(’000)		US$(’000)
Revenues	$	42,136	$	34,418
Cost of revenues		45,730		34,637
Total operating expenses		1,409		1,723
Net loss before allocation to noncontrolling interests		5,182		2,180