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Note 14 - The Financing and Warrant Liabilities (Tables)
3 Months Ended
Mar. 31, 2024
Notes Tables  
Schedule of Warrant Liabilities [Table Text Block]
   

As of

March 31, 2024

   

As of

December 31, 2023

   

Change in Fair Value

(Gain)/Loss

 
   

(US$’000)

   

(US$’000)

   

(US$’000)

 

Fair value of the Warrants:

                       
                         

Warrants issued in the 2021 Financing:

                       

--Investor Warrants

    -       -       -  

--Placement Agent Warrants

    -       -       -  

Warrants issued in the 2020 Financing*:

                       

--Investor Warrants

    -       -       -  

--Placement Agent Warrants

    -       -       -  

Warrant liabilities

    -       -       -  
   

As of

March 31, 2023

   

As of

December 31, 2022

   

Change in Fair Value

(Gain)/Loss

 
   

(US$’000)

   

(US$’000)

   

(US$’000)

 

Fair value of the Warrants:

                       
                         

Warrants issued in the 2021 Financing:

                       

--Investor Warrants

    49       86       (37 )

--Placement Agent Warrants

    5       9       (4 )

Warrants issued in the 2020 Financing*:

                       

--Investor Warrants

    25       76       (51 )

--Placement Agent Warrants

    5       14       (9 )

Warrant liabilities

    84       185       (101 )
Schedule of Warrant Activity [Table Text Block]
   

Warrant Outstanding

   

Warrant Exercisable

 
   

Number of underlying shares

   

Weighted
Average
Remaining
Contractual
Life (Years)

   

Weighted
Average
Exercise
Price

   

Number of underlying shares

   

Weighted
Average
Remaining
Contractual
Life (Years)

   

Weighted
Average
Exercise
Price

 
                                                 

Balance, January 1, 2024

    594,168       0.63     $ 18.50       594,168       0.63     $ 18.50  

Granted/Vested

    -                       -                  

Exercised

    -                       -                  

Balance, March 31, 2024 (Unaudited)

    594,168       0.38     $ 18.50       594,168       0.38     $ 18.50  
Warrant [Member]  
Notes Tables  
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]
   

2021 Investor Warrants

   

2021 Placement Agent Warrants

 
   

March 31, 2024

   

December 31, 2023

   

March 31, 2024

   

December 31, 2023

 
                                 

Stock price

  $ 1.02     $ 0.83     $ 1.02     $ 0.83  

Years to maturity

    0.4       0.6       0.4       0.6  

Risk-free interest rate

    5.39 %     5.13 %     5.39 %     5.13 %

Dividend yield

    -       -       -       -  

Expected volatility

    111 %     82 %     111 %     82 %

Exercise Price

  $ 17.95     $ 17.95     $ 22.4375     $ 22.4375  
                                 

Fair value of the warrant

  $ -     $ -     $ -     $ -  
                                 

Warrant liabilities (US$’000)

  $ -     $ -     $ -     $ -  
   

2021 Investor Warrants

   

2021 Placement Agent Warrants

 
   

March 31, 2023

   

December 31, 2022

   

March 31, 2023

   

December 31, 2022

 
                                 

Stock price

  $ 1.70    

$

0.46#     $ 1.70    

$

0.46#  

Years to maturity

    1.38       1.63       1.38       1.63  

Risk-free interest rate

    4.44 %     4.625 %     4.44 %     4.625 %

Dividend yield

    -       -       -       -  

Expected volatility

    113 %     99.74 %     113 %     99.74 %

Exercise Price

  $ 17.95    

$

3.59#     $ 22.4375    

$

4.4875#  
                                 

Fair value of the warrant

  $ 0.0937     $ 0.0329     $ 0.0727     $ 0.0256  
                                 

Warrant liabilities (US$’000)

  $ 49     $ 86     $ 5     $ 9