XML 12 R2.htm IDEA: XBRL DOCUMENT v3.25.3
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 1,761 $ 812
Accounts receivable, net of allowance for credit loss of $5,175 and $4,817, respectively 1,102 1,614
Prepayment and deposit to suppliers 4,727 4,508
Other current assets, net 878 2,239
Total current assets 8,468 9,173
Long-term investments 397 397
Operating lease right-of-use assets 59 0
Property and equipment, net 150 116
Intangible assets, net 576 0
Total Assets 9,650 9,686
Current liabilities:    
Accounts payable * 206 93
Advance from customers * 599 489
Accrued payroll and other accruals * 155 557
Taxes payable * 3,208 3,152
Operating lease liabilities * 48 0
Advance from investors * 1,278 1,075
Other current liabilities * 524 480
Total current liabilities 6,018 5,846
Long-term liabilities:    
Operating lease liabilities non-current portion 13 0
Deferred tax liability-non current portion 87 0
Total Liabilities 6,241 5,968
Commitments and Contingencies  
Equity:    
Common stock (US$0.001 par value; authorized 12,500,000 shares; issued and outstanding 2,659,629 shares and 2,301,205 shares at September 30, 2025 and December 31, 2024, respectively) 3 2
Additional paid-in capital 64,176 63,102
Statutory reserves 2,598 2,598
Accumulated deficit (64,727) (63,451)
Accumulated other comprehensive income 1,297 1,407
Total shareholders’ equity 3,347 3,658
Noncontrolling interests 62 60
Total equity 3,409 3,718
Total Liabilities and Equity 9,650 9,686
Related Party [Member]    
Long-term liabilities:    
Long-term borrowing from a related party $ 123 $ 122