Note 5 - Accounts Receivable, Net

12 Months Ended

Dec. 31, 2024

Notes to Financial Statements

Accounts Receivable Disclosure [Text Block]

5. Accounts receivable, net

	As of December 31,
	2024			2023
	US$(’000)			US$(’000)
Accounts receivable		6,431			4,831
Allowance for doubtful accounts		(4,817	)		(3,987	)
Accounts receivable, net		1,614			844

All of the accounts receivable are non-interest bearing. Based on the assessment of the collectability of the accounts receivable as of December 31, 2024 and 2023, the Company provided approximately US$4.82 million and US$3.99 million allowance for doubtful accounts, respectively, which were primarily related to the accounts receivable of the Company’s Internet advertising and related services business segment with an aging over six months. The Company evaluates its accounts receivable with an aging over six months and determines the allowance based on aging data, historical collection experience, customer specific facts and economic conditions. During the years ended December 31, 2024 and 2023, approximately US$0.89 million and US$0.25 million allowance for doubtful accounts was provided, respectively.