XML 23 R5.htm IDEA: XBRL DOCUMENT v3.25.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities    
Net loss $ (3,769) $ (5,974)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation and amortization 938 1,288
Amortization of operating lease right-of-use assets 22 364
Share-based compensation expenses 684 107
Loss on disposal of fixed assets 3 6
Impairment on long-term investments 2 433
Impairment on intangible assets 0 1,231
Provision of allowances for doubtful accounts 846 1,033
Change in fair value of warrant liabilities (0) (185)
Deferred taxes 399 (2)
Gain on disposal of subsidiaries (23) (10)
Effect of termination of an operating lease contract 0 (138)
Other non-operating (income)/losses (397) (300)
Changes in operating assets and liabilities    
Accounts receivable (1,667) 593
Prepayment and deposit to suppliers 616 36
Other current assets (3) 3
Accounts payable (106) (1)
Advances from customers (284) 115
Accrued payroll and other accruals 211 (80)
Other current liabilities 492 (184)
Taxes payable 2 (4)
Operating lease liabilities (24) (343)
Net cash used in operating activities (2,058) (2,012)
Cash flows from investing activities    
Purchase of vehicles, furniture and office equipment (3) (81)
Net proceeds from disposal of fixed assets 0 14
Cash effect of deconsolidation of subsidiaries (6) (3)
Investment and advances to ownership investee entities (2) (64)
Net proceeds from disposal of subsidiaries 0 3
Net proceeds from disposal of long-term investments 147 426
Cash acquired during the period 9 0
Short-term loans to unrelated parties 0 (2,000)
Repayment of short-term loans and interest income from unrelated parties 901 168
Deposit for other investing contracts (151) 0
Net cash provided by/(used in) investing activities 895 (1,537)
Cash flows from financing activities    
Advance from investors 1,075 0
Capital contribution from noncontrolling interest 70 0
Net cash provided by financing activities 1,145 0
Effect of exchange rate fluctuation on cash and cash equivalents 13 (25)
Net (decrease)/increase in cash and cash equivalents (5) (3,574)
Cash and cash equivalents, at beginning of the year 817 4,391
Cash and cash equivalents, at end of the year 812 817
Supplemental disclosure of cash flow information    
Income taxes paid 0 0
Interest expense paid $ 0 $ 0