v3.25.1
CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS      
REVENUES $ 10,073 $ 3,569 $ 3,875
COST OF REVENUES (8,132) (2,793) (3,053)
GROSS PROFIT 1,941 776 822
OPERATING EXPENSES:      
General and administrative expenses (3,956) (2,754) (2,189)
Reversal of impairment loss (impairment loss) of trade receivables (243)    
Reversal of impairment loss (impairment loss) of loan and interest receivables (3,468) 49 973
Reversal of impairment loss (impairment loss) of other receivables, prepayments and deposits (2) 127 (3)
Impairment loss of property, plant and equipment     (139)
Total operating expenses (7,669) (2,578) (1,358)
OPERATING LOSS (5,728) (1,802) (536)
OTHER INCOME (EXPENSES):      
Interest income 10 14 2
Interest expense   (62) (59)
Other income (expense), net 22 (9) 191
Loss on change in fair value of convertible note (7,690)    
Total other income (expenses), net (7,658) (57) 134
LOSS BEFORE PROVISION FOR INCOME TAXES AND NON-CONTROLLING INTERESTS (13,386) (1,859) (402)
INCOME TAX (EXPENSE) BENEFIT (27) 140 56
NET LOSS (13,413) (1,719) (346)
OTHER COMPREHENSIVE INCOME (LOSS):      
Foreign currency translation adjustment (8)   (5)
COMPREHENSIVE LOSS $ (13,421) $ (1,719) $ (351)
LOSS PER SHARE:      
Basic $ (0.13) $ (0.02) $ (0.01)
Diluted $ (0.13) $ (0.02) $ (0.01)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES:      
Basic 102,240,818 101,597,998 101,597,998
Diluted 102,240,818 101,597,998 101,597,998