Note 7 - Due From Related Parties

9 Months Ended

Sep. 30, 2022

Notes to Financial Statements

Due from Related Parties Disclosure [Text Block]

7. Due from related parties

	September 30, 2022		December 31, 2021
	US$(’000)		US$(’000)
	(Unaudited)
Zhongwang Xiyue Technology (Beijing) Co., Ltd. (“Zhongwang Xiyue”)		1		62
Guangzhou Gong Xiang Technology Co., Ltd. (“Gong Xiang Technology”)		14		28
Due from related parties		15		90

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 September 30, 2022 and December 31, 2021, 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 September 30, 2022 and 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 fully repaid to the Company by December 31, 2022.