Note 6 - Prepayments and Deposit to Suppliers

9 Months Ended

Sep. 30, 2022

Notes to Financial Statements

Prepayments and Deposits to Suppliers Disclosure [Text Block]

6. Prepayments and deposit to suppliers

	September 30, 2022		December 31, 2021
	US$(’000)		US$(’000)
	(Unaudited)
Deposits to advertising resources providers		1,066		934
Prepayments to advertising resources providers		5,019		5,185
Deposit and prepayment for other investing contracts		1,000		1,000
Other deposits and prepayments		508		440
		7,593		7,559

As of September 30, 2022, deposit and prepayment for other investing contracts represented a US$1.0 million refundable deposit paid for a potential acquisition transaction, which will be refunded if no definitive agreement is reached among the parties before the expected closing date, i.e., December 31, 2022. As of the date hereof, the Company is in the process of the due diligence process of the target company.