Note 13 - Taxation (Tables)

12 Months Ended

Dec. 31, 2023

Notes Tables

Schedule Of Taxes Payable [Table Text Block]

	As of December 31,
	2023		2022
	US$(’000)		US$(’000)
Turnover tax and surcharge payable		1,264		1,288
Enterprise income tax payable		1,930		1,960
Taxes payable		3,194		3,248

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

	Year Ended December 31,
	2023			2022
	US$(’000)			US$(’000)
Pre-tax loss		(5,976	)		(9,794	)
U.S. federal rate		21	%		21	%
Income tax benefit computed at U.S. federal rate		1,255			2,057
Reconciling items:
Rate differential for foreign earnings		(55	)		(4	)
Tax effect on non-taxable change in fair value of warrant liabilities		39			389
Provision of valuation allowance on deferred tax assets		353			(833	)
Expired tax attribute carryforwards		(1,583	)		(1,528	)
Tax effect on other (non-deductible expenses)/non-taxable income		(7	)		(78	)
Effective income tax benefit/(expense)		2			3

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

	Year Ended December 31,
	2023		2022
	US$(’000)		US$(’000)
Current		-		-
Deferred		2		3
Income tax benefit/(expense)		2		3

Schedule Of Deferred Tax Assets [Table Text Block]

	As of December 31,
	2023			2022
	US$(’000)			US$(’000)
Tax effect of net operating losses carried forward		10,745			11,537
Operating lease cost		1			30
Impairment on long-term investments		161			144
Impairment on intangible assets		571			368
Bad debts provision		1,226			1,018
Valuation allowance		(12,303	)		(12,691	)
Deferred tax assets, net		401			406