v3.26.1
Note 6 - Prepayment and Deposit to Suppliers
12 Months Ended
Dec. 31, 2025
Notes to Financial Statements  
Prepayments and Deposits to Suppliers Disclosure [Text Block]

6.

Prepayments and deposit to suppliers

 

   

As of December 31,

 
   

2025

   

2024

 
   

US$(’000)

   

US$(’000)

 
                 

Deposits to advertising resources providers

    529       612  

Prepayments to advertising resources providers

    4,257       2,996  

Deposit for investing activities

    -       152  

Other deposits and prepayments

    425       748  
      5,211       4,508  

 

As of December 31, 2025 and 2024, contractual deposits were primarily paid to the Company’s major Internet advertising resources suppliers and other advertising resource suppliers. The contractual deposits will be refunded to the Company upon expiration of the contracts, which are generally for a one-year period.

 

According to the contracts signed between the Company and its suppliers, the Company is required to pay certain of the contract amounts in advance. These prepayments will be recognized as cost of revenues when the related services are delivered by the suppliers. As of December 31, 2025 and 2024, prepayments were primarily paid for purchasing Internet resources from the Company’s major Internet advertising resources suppliers.

 

Deposits for investing activities as of December 31, 2024 represented deposits made to acquire businesses to help further develop and broaden our online marketing channels and reinforce our industry competitive advantage.

 

Other deposits and prepayments as of December 31, 2025 and 2024 represented deposits and prepayments to the Company’s other services providers, which primarily included deposits for office lease contracts, prepayment for various kinds of professional services, etc.