XML 15 R5.htm IDEA: XBRL DOCUMENT v3.24.3
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities    
Net loss $ (2,987) $ (4,066)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation and amortization 713 966
Amortization of operating lease right-of-use assets 22 310
Share-based compensation expenses 1,642 95
Gain on disposal of subsidiaries (23) 0
Impairment on long-term investments 2 207
Loss on disposal of fixed assets 3 7
Provision for allowances for credit losses 765 1,347
Change in fair value of warrant liabilities (0) (185)
Deferred Taxes (4) 0
Other non-operating (income)/losses (233) (229)
Changes in operating assets and liabilities    
Accounts receivable (1,433) 655
Prepayment and deposit to suppliers (18) (389)
Other current assets 0 0
Accounts payable 296 (3)
Advance from customers (89) 425
Accrued payroll and other accruals (246) (304)
Other current liabilities 383 (78)
Taxes payable 3 (1)
Operating lease liabilities (24) (293)
Net cash used in operating activities (1,228) (1,536)
Cash flows from investing activities    
Purchases of vehicles and office equipment (3) (52)
Investment and advance to ownership investee entities (2) (43)
Net proceeds from disposal of long-term investments 147 428
Cash acquired during the period 9 0
Cash deconsolidated during the period (6) 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 901 168
Net cash provided by/(used in) investing activities 645 (1,499)
Cash flows from financing activities    
Advance from investors 806 0
Capital contribution from noncontrolling interest 70 0
Net cash provided by financing activities 876 0
Effect of exchange rate fluctuation on cash and cash equivalents 13 (42)
Net decrease in cash and cash equivalents 306 (3,077)
Cash and cash equivalents at beginning of the period 817 4,391
Cash and cash equivalents at end of the period 1,123 1,314
Supplemental disclosure of cash flow information    
Income taxes paid 0 0
Interest expense paid $ 0 $ 0