Note 21 - Segment Reporting

12 Months Ended

Dec. 31, 2024

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

21. Segment reporting

The Company follows ASC Topic 280 “Segment Reporting”, which requires that companies disclose segment data based on how management makes decisions about allocating resources to segments and evaluating their performance. Reportable operating segments include components of an entity about which separate financial information is available and which operating results are regularly reviewed by the chief operating decision maker (“CODM”), the Company’s Chief Executive Officer, to make decisions about resources to be allocated to the segment and assess each operating segment’s performance.

For the Year Ended December 31, 2024

	Internet Ad. and data service			Ecommerce O2O Ad and marketing services			Blockchain technology			Corporate			Inter- segment and reconciling item			Total
	US$(’000)			US$(’000)			US$(’000)			US$(’000)			US$(’000)			US$(’000)
Revenues		14,689			-			750						-			15,439
Cost of revenues		14,152			-			841						-			14,993
Total operating expenses		1,727			14			-			2,462	(1)		-			4,203
Depreciation and amortization expenses included in cost of revenues and operating expenses		29			-			841			67			-			937
Impairment on intangible assets included in operating expenses		-			-			-			-			-			-
Loss from operations		(1,190	)		(14	)		(91	)		(2,462	)		-			(3,757	)
Impairment on long-term investments		-			-			-			(2	)		-			(2	)
Gain on disposal of subsidiaries		22			-			-			1			-			23
Net loss		(1,491	)		(12	)		(91	)		(2,175	)		-			(3,769	)
Total assets-December 31, 2023		7,627			145			-			34,260			(32,346	)		9,686

(1) Including approximately US$0.68 million share-based compensation expenses.

For the Year Ended December 31, 2023

	Internet Ad. and data service			Ecommerce O2O Ad and marketing services			Blockchain technology			Corporate			Inter- segment and reconciling item			Total
	US$(’000)			US$(’000)			US$(’000)			US$(’000)			US$(’000)			US$(’000)
Revenues		30,510			-			75						-			30,585
Cost of revenues		30,180			-			841						-			31,021
Total operating expenses		2,388			11			-			3,177	(1)		-			5,576
Depreciation and amortization expenses included in cost of revenues and operating expenses		366			-			841			81			-			1,288
Impairment on intangible assets included in operating expenses		1,231			-			-			-			-			1,231
Loss from operations		(2,058	)		(11	)		(766	)		(3,177	)		-			(6,012	)
Impairment on long-term investments		-			-			-			(433	)		-			(433	)
Change in fair value of warrant liabilities		-			-			-			185			-			185
Net loss		(2,085	)		(6	)		(766	)		(3,117	)		-			(5,974	)
Total assets-December 31, 2023		7,966			144			841			34,867			(32,585	)		11,233

(1) Including approximately US$0.11 million share-based compensation expenses.