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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities    
Net loss $ (1,082) $ (2,546)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation and amortization 476 645
Amortization of operating lease right-of-use assets 22 208
Share-based compensation expenses 0 83
Impairment on long-term investments 2 209
Loss on disposal of fixed assets 3 3
Provision for allowances for credit losses 647 455
Change in fair value of warrant liabilities (0) (172)
Deferred Taxes (4) (2)
Other non-operating (income)/losses (167) (150)
Changes in operating assets and liabilities    
Accounts receivable (1,032) 588
Prepayment and deposit to suppliers (379) 86
Other current assets (5) 0
Accounts payable 138 6
Advance from customers 138 208
Accrued payroll and other accruals (186) (303)
Other current liabilities 420 23
Taxes payable 3 (7)
Operating lease liabilities (24) (196)
Net cash used in operating activities (1,030) (862)
Cash flows from investing activities    
Purchases of vehicles and office equipment (3) 0
Investment and advance to ownership investee entities (2) (43)
Net proceeds from disposal of long-term investments 147 433
Cash acquired during the period 9 0
Deposit for other investing contracts (401) 0
Short-term loans to unrelated parties 0 (2,000)
Repayment of short-term loans and interest income from unrelated parties 901 148
Net cash provided by/(used in) investing activities 651 (1,462)
Cash flows from financing activities    
Capital contribution from noncontrolling interest 70 0
Net cash provided by financing activities 70 0
Effect of exchange rate fluctuation on cash and cash equivalents 2 (67)
Net decrease in cash and cash equivalents (307) (2,391)
Cash and cash equivalents at beginning of the period 817 4,391
Cash and cash equivalents at end of the period 510 2,000
Supplemental disclosure of cash flow information    
Income taxes paid 0 0
Interest expense paid $ 0 $ 0