| 6. | Prepaid Expenses and Other Current Assets, Net |
Prepaid expenses and other current assets, net,
consisted of the following:
| | |
As of December 31 | |
| | |
2023
(RMB) | | |
2024
(RMB) | |
| Deductible Input Tax | |
| 5,960 | | |
| 4,355 | |
| Prepaid expenses (1) | |
| 3,807 | | |
| 1,504 | |
| Deposits | |
| 217 | | |
| 106 | |
| receivable from third party | |
| - | | |
| 5,490 | |
| Others | |
| 131 | | |
| 160 | |
| Subtotal | |
| 10,115 | | |
| 11,615 | |
| Less: Allowance for credit losses (2) | |
| (536 | ) | |
| (546 | ) |
| Total prepaid expenses and other current assets, net | |
| 9,579 | | |
| 11,069 | |
| (1) | Prepayments primarily consist of advance payments for promotion telecommunications, repair and maintenance expenses, and other operating costs related to daily business activities. |
| (2) | The credit loss provision primarily includes advertising expenses that cannot be recovered and compensation claims. As of December 31, 2023, and December 31, 2024, credit loss provisions of RMB 536 thousand and RMB 546 thousand were recognized, respectively. |
| | |
As of December 31 |
| | |
2023 | |
2024 |
| Balance at beginning of the year | |
| (536 | ) | |
| (536 | ) |
| Addition in bad debt allowance | |
| - | | |
| (10 | ) |
| Reversal | |
| - | | |
| - | |
| Written off | |
| - | | |
| - | |
| Balance at end of the year | |
| (536 | ) | |
| (546 | ) |
|