XML 49 R35.htm IDEA: XBRL DOCUMENT v3.22.1
Note 3 - Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2021
Notes Tables  
Foreign Currency Exchange Rates [Table Text Block]
  

As of December 31,

 
  

2021

  

2020

 
         

Balance sheet items, except for equity accounts

  6.3757   6.5249 
         
  

Year Ended December 31,

 
  

2021

  

2020

 
       

Items in the statements of operations and comprehensive loss

  6.4515   6.8976 
Property, Plant and Equipment, Useful Life [Table Text Block]
Leasehold improvements (years)3
Vehicles (years)5
Office equipment (years)3-5
Electronic devices (years)5
Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]
      

Fair value measurement at reporting date using

 
  

As of

December 31, 2021

  

Quoted Prices
in Active Markets
for Identical Assets/Liabilities
(Level 1)

  

Significant
Other
Observable Inputs
(Level 2)

  

Significant
Unobservable
Inputs
(Level 3)

 
  

US$(000)

  

US$(000)

  

US$(000)

  

US$(000)

 
                 

Warrant liabilities

  2,039   -   -   2,039 
      Fair value measurement at reporting date using 
  

As of

December 31, 2020

  

Quoted Prices
in Active Markets
for Identical Assets/Liabilities
(Level 1)

  

Significant
Other
Observable Inputs
(Level 2)

  

Significant
Unobservable
Inputs
(Level 3)

 
  

US$(000)

  

US$(000)

  

US$(000)

  

US$(000)

 
                 

Warrant liabilities

  1,505   -   -   1,505 
Disaggregation of Revenue [Table Text Block]
  

Year Ended December 31,

 
  

2021

  

2020

 
  

US$(000)

  

US$(000)

 

Internet advertising and related service

        

--distribution of the right to use search engine marketing service

  39,224   25,997 

--online advertising placements

  7,442   8,421 

--data and technical services

  -   1,200 

Ecommerce O2O advertising and marketing services

  662   1,545 

Technical solution services

  -   1,245 

Total revenues

 $47,328  $38,408 
  

Year Ended December 31,

 
  

2021

  

2020

 
  

US$(000)

  

US$(000)

 
         

Revenue recognized over time

  47,328   37,163 

Revenue recognized at a point in time

  -   1,245 

Total revenues

 $47,328  $38,408 
Contract with Customer, Contract Asset, Contract Liability, and Receivable [Table Text Block]
  

Contract liabilities

 
  

US$(000)

 
     

Balance as of January 1, 2020

  2,006 

Exchange translation adjustment

  139 

Revenue recognized from beginning contract liability balance

  (2,032)

Advances received from customers related to unsatisfied performance obligations

  1,323 

Balance as of December 31, 2020

  1,436 

Exchange translation adjustment

  34 

Revenue recognized from beginning contract liability balance

  (1,390)

Advances received from customers related to unsatisfied performance obligations

  1,165 

Balance as of December 31, 2021

  1,245 
Lessee, Operating Lease, Liability, Maturity [Table Text Block]
   

Operating leases

 
   

US$(000)

 

Year ending December 31,

     
-2022   320 
-2023   335 
-2024   342 
-2025   359 
-2026   377 

  -thereafter

   881 

Total undiscounted lease payments

   2,614 

Less: imputed interest

   (505)

Operating lease liabilities as of December 31, 2021

  $2,109 
      

Including:

     

Operating lease liabilities

   202 

Operating lease liabilities-Non current

   1,907 
   $2,109 
Lease, Cost [Table Text Block]
  

Year Ended December 31,

 
  

2021

  

2020

 
  

US$(000)

  

US$(000)

 
         

Long-term operating lease contracts

  302   14 

Short-term operating lease contracts

  60   138 

Total

  362   152 
  

2021

  

2020

 
         

Operating cash flows used for operating leases (US$’000)

  210   9 

Right-of-use assets obtained in exchange for new lease liabilities (US$’000)

  2,186   47 

Weighted-average remaining lease term (years)

  7.12   2.75 

Weighted-average discount rate

  6%  6%