Note 12 - Taxation (Tables)

12 Months Ended

Dec. 31, 2024

Notes Tables

Schedule Of Taxes Payable [Table Text Block]

	As of December 31,
	2024		2023
	US$(’000)		US$(’000)
Turnover tax and surcharge payable		1,247		1,264
Enterprise income tax payable		1,905		1,930
Taxes payable		3,152		3,194

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

	Year Ended December 31,
	2024			2023
	US$(’000)			US$(’000)
Pre-tax loss		(3,370	)		(5,976	)
U.S. federal rate		21	%		21	%
Income tax benefit computed at U.S. federal rate		708			1,255
Reconciling items:
Rate differential for foreign earnings		110			(55	)
Tax effect on non-taxable change in fair value of warrant liabilities		-			39
(Provision for) / reversal of valuation allowance on deferred tax assets		(888	)		353
Expired tax attribute carryforwards		(323	)		(1,583	)
Tax effect on other (non-deductible expenses)/non-taxable income		(6	)		(7	)
Effective income tax benefit/(expense)		(399	)		2

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

	Year Ended December 31,
	2024			2023
	US$(’000)			US$(’000)
Current		-			-
Deferred		(399	)		2
Income tax benefit/(expense)		(399	)		2

Schedule Of Deferred Tax Assets [Table Text Block]

	As of December 31,
	2024			2023
	US$(’000)			US$(’000)
Tax effect of net operating losses carried forward		11,035			10,745
Operating lease cost		-			1
Impairment on long-term investments		104			161
Impairment on intangible assets		570			571
Bad debts provision		1,427			1,226
Valuation allowance		(13,136	)		(12,303	)
Deferred tax assets, net		-			401