XML 41 R31.htm IDEA: XBRL DOCUMENT v3.25.3
Note 4 - Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2025
Notes Tables  
Foreign Currency Exchange Rates [Table Text Block]
   

September 30, 2025

   

December 31, 2024

 
                 

Balance sheet items, except for equity accounts

    7.1055       7.1884  
   

Nine Months Ended September 30,

 
   

2025

   

2024

 
                 

Items in the statements of operations and comprehensive loss

    7.1642       7.1092  
   

Three Months Ended September 30,

 
   

2025

   

2024

 
                 

Items in the statements of operations and comprehensive loss

    7.1292       7.1169  
Financing Receivable, Current, Allowance for Credit Loss [Table Text Block]
   

Nine Months Ended September 30,

   

Three Months Ended September 30,

 
   

2025

   

2024

   

2025

   

2024

 
   

US$(’000)

   

US$(’000)

   

US$(’000)

   

US$(’000)

 
   

(Unaudited)

   

(Unaudited)

   

(Unaudited)

   

(Unaudited)

 

Credit loss for accounts receivable:

                               
                                 

Balance as of beginning of the period

    4,817       3,987       5,145       4,657  

Provision for/(reverse of) credit loss during the period

    306       800       (3 )     106  

Written off during the period

    -       -       -       -  

Exchange translation adjustments

    52       52       33       76  

Balance as of end of the period

    5,175       4,839       5,175       4,839  
   

Nine Months Ended September 30,

   

Three Months Ended September 30,

 
   

2025

   

2024

   

2025

   

2024

 
   

US$(’000)

   

US$(’000)

   

US$(’000)

   

US$(’000)

 
   

(Unaudited)

   

(Unaudited)

   

(Unaudited)

   

(Unaudited)

 

Credit loss for other current assets:

                               
                                 

Balance as of beginning of the period

    1,513       1,559       1,890       1,512  

Provision for/(reverse of) credit loss during the period

    380       (35 )     3       12  

Written off during the period

    -       -       -       -  

Exchange translation adjustments

    -       -       -       -  

Balance as of end of the period

    1,893       1,524       1,893       1,524  
Disaggregation of Revenue [Table Text Block]
   

Nine Months Ended September 30,

   

Three Months Ended September 30,

 
   

2025

   

2024

   

2025

   

2024

 
   

US$(’000)

   

US$(’000)

   

US$(’000)

   

US$(’000)

 
   

(Unaudited)

   

(Unaudited)

   

(Unaudited)

   

(Unaudited)

 
                                 

Internet advertising and related services

                               

--distribution of the right to use search engine marketing service

    50       12,440       1       3,239  

--Internet advertising and related marketing service

    3,073       -       1,634       -  

Blockchain-based SaaS services

    615       750       -       -  

IP Services

    179               82          

Total revenues

  $ 3,917     $ 13,190     $ 1,717     $ 3,239  
   

Nine Months Ended September 30,

   

Three Months Ended September 30,

 
   

2025

   

2024

   

2025

   

2024

 
   

US$(’000)

   

US$(’000)

   

US$(’000)

   

US$(’000)

 
   

(Unaudited)

   

(Unaudited)

   

(Unaudited)

   

(Unaudited)

 
                                 

Revenue recognized over time

    229       12,440       83       3,239  

Revenue recognized at a point in time

    3,688       750       1,634       -  

Total revenues

  $ 3,917     $ 13,190     $ 1,717     $ 3,239  
Contract with Customer, Contract Asset, Contract Liability, and Receivable [Table Text Block]
   

Contract liabilities

 
   

US$(’000)

 
         

Balance as of January 1, 2025

    489  

Exchange translation adjustment

    6  

Revenue recognized from beginning contract liability balances

    (38 )

Advances received from customers related to unsatisfied performance obligations

    142  

Balance as of September 30, 2025(Unaudited)

    599  
Asset Acquisition [Table Text Block]
   

As of March 7, 2025

 
   

US$(’000)

 
   

(Unaudited)

 

Rahula Group intangible asset recorded on acquisition date:

       

Intangible asset acquired (a)

    707  

Deferred tax liability generated from the Rahula asset

    (107 )

Total consideration paid

    600  
Lessee, Operating Lease, Liability, to be Paid, Maturity [Table Text Block]
     

Operating leases

 
     

US$(’000)

 
     

(Unaudited)

 
           

Three months ending December 31, 2025

      13  

Year ending December 31,

-2026

      50  

Total undiscounted lease payments

      63  

Less: imputed interest

      (2 )

Total operating lease liabilities as of September 30, 2025

      61  
           

Including:

         

Operating lease liabilities

      48  

Operating lease liabilities-Non current

      13  
        61  
Lease, Cost [Table Text Block]
   

Nine Months Ended September 30,

   

Three Months Ended September 30,

 
   

2025

   

2024

   

2025

   

2024

 
   

US$(’000)

   

US$(’000)

   

US$(’000)

   

US$(’000)

 
   

(Unaudited)

   

(Unaudited)

   

(Unaudited)

   

(Unaudited)

 
                                 

Long-term operating lease contracts

    37       22       12       -  

Short-term operating lease contracts

    4       34       2       4  

Total

  $ 41     $ 56     $ 14     $ 4  
   

Nine Months Ended September 30,

 
   

2025

   

2024

 
   

US$(’000)

   

US$(’000)

 
   

(Unaudited)

   

(Unaudited)

 
                 

Operating cash flows used for operating leases (US$’000)

    36       25  

Right-of-use assets obtained in exchange for new lease liabilities (US$’000)

    87       -  

Weighted-average remaining lease term (years)

    1.25       -  

Weighted-average discount rate

    6 %     -