Note 10 - Intangible Assets, Net

12 Months Ended

Dec. 31, 2025

Notes to Financial Statements

Intangible Assets Disclosure [Text Block]

10.

Intangible assets, net

		As of December 31, 2025
Items		Gross Carrying Value				Accumulated Amortization				Impairment				Net Carrying Value
		US$(’000)				US$(’000)				US$(’000)				US$(’000)
Intangible assets subject to amortization:
--10 years life:
Cloud compute software technology			1,321				(916	)			(405	)			-
Licensed products use right			1,204				(496	)			(708	)			-

--5 years life:
Internet Ad tracking system			1,160				(637	)			(523	)			-
Live streaming technology			1,500				(625	)			(875	)			-

--3 years life:
Rahula’s Intellectual Property			707				(192	)			-				515
Blockchain Integrated Framework			4,038				(3,028	)			(1,010	)			-
Bo!News application			341				(114	)			(227	)			-
Other computer software			111				(111	)			-				-
Total		$	10,382			$	(6,119	)		$	(3,748	)		$	515

		As of December 31, 2024
Items		Gross Carrying Value				Accumulated Amortization				Impairment				Net Carrying Value
		US$(’000)				US$(’000)				US$(’000)				US$(’000)
Intangible assets subject to amortization:
--10 years life:
Cloud compute software technology			1,291				(895	)			(396	)			-
Licensed products use right			1,204				(496	)			(708	)			-

--5 years life:
Internet Ad tracking system			1,160				(637	)			(523	)			-
Live streaming technology			1,500				(625	)			(875	)			-

--3 years life:
Blockchain Integrated Framework			4,038				(3,028	)			(1,010	)			-
Bo!News application			334				(111	)			(223	)			-
Other computer software			109				(109	)			-				-
Total		$	9,636			$	(5,901	)		$	(3,735	)		$	-

Amortization expenses in the aggregate for the years ended December 31, 2025 and 2024 were approximately US$0.19 million and US$0.84 million, respectively.

Intangible assets of the Company are tested for impairment when events or circumstances occur that could indicate that the carrying amount of an asset may not be recoverable. For the year ended December 31, 2025 and 2024, the Company recorded no impairment loss associated with its intangible assets, due to insufficient estimated future cash flows expected to be generated by these assets.

Based on the adjusted carrying value of the finite-lived intangible assets after the deduction of the impairment losses, which has a weighted average remaining useful life of 2.19 years as of December 31, 2025, and assuming no further subsequent impairment of the underlying intangible assets, the estimated future amortization expenses is approximately US$0.24 million for the year ending December 31, 2026, approximately US$0.24 million for the year ending December 31, 2027 and approximately US$0.04 million for the year ending December 31, 2028.