| Segment Reporting Disclosure [Text Block] |
The Company follows ASC Topic 280 “Segment Reporting”, which requires that companies disclose segment data based on how management makes decisions about allocating resources to segments and evaluating their performance. Reportable operating segments include components of an entity about which separate financial information is available and which operating results are regularly reviewed by the chief operating decision maker (“CODM”), the Company’s Chief Executive Officer, to make decisions about resources to be allocated to the segment and assess each operating segment’s performance.
For the Year Ended December 31, 2025
| |
|
Internet Ad.
and data
service
|
|
|
IP Services
|
|
|
Blockchain
technology
|
|
|
Corporate
|
|
|
Inter-
segment and
reconciling
item
|
|
|
Total
|
|
| |
|
US$(’000)
|
|
|
US$(’000)
|
|
|
US$(’000)
|
|
|
US$(’000)
|
|
|
US$(’000)
|
|
|
US$(’000)
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Revenues
|
|
|
3,738 |
|
|
|
260 |
|
|
|
616 |
|
|
|
- |
|
|
|
- |
|
|
|
4,614 |
|
|
Cost of revenues
|
|
|
3,510 |
|
|
|
191 |
|
|
|
560 |
|
|
|
- |
|
|
|
- |
|
|
|
4,261 |
|
|
Total operating expenses
|
|
|
126 |
|
|
|
- |
|
|
|
- |
|
|
|
2,180 |
(1) |
|
|
- |
|
|
|
2,306 |
|
|
Depreciation and amortization expenses included in cost of revenues and operating expenses
|
|
|
21 |
|
|
|
191 |
|
|
|
- |
|
|
|
20 |
|
|
|
- |
|
|
|
232 |
|
|
Impairment on intangible assets included in operating expenses
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
Loss from operations
|
|
|
102 |
|
|
|
69 |
|
|
|
56 |
|
|
|
(2,180 |
) |
|
|
- |
|
|
|
(1,953 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Impairment on long-term investments
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gain on disposal of subsidiaries
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net loss
|
|
|
97 |
|
|
|
69 |
|
|
|
56 |
|
|
|
(1,993 |
) |
|
|
- |
|
|
|
(1,771 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total assets-December 31, 2025
|
|
|
8,553 |
|
|
|
516 |
|
|
|
55 |
|
|
|
34,324 |
|
|
|
(33,770 |
) |
|
|
9,678 |
|
(1) Including approximately US$0.35 million share-based compensation expenses.
For the Year Ended December 31, 2024
| |
|
Internet Ad.
and data
service
|
|
|
IP Services
|
|
|
Blockchain
technology
|
|
|
Corporate(2)
|
|
|
Inter-
segment and
reconciling
item
|
|
|
Total
|
|
| |
|
US$(’000)
|
|
|
US$(’000)
|
|
|
US$(’000)
|
|
|
US$(’000)
|
|
|
US$(’000)
|
|
|
US$(’000)
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Revenues
|
|
|
14,689 |
|
|
|
- |
|
|
|
750 |
|
|
|
|
|
|
|
- |
|
|
|
15,439 |
|
|
Cost of revenues
|
|
|
14,152 |
|
|
|
- |
|
|
|
841 |
|
|
|
|
|
|
|
- |
|
|
|
14,993 |
|
|
Total operating expenses
|
|
|
1,727 |
|
|
|
- |
|
|
|
- |
|
|
|
2,476 |
(1) |
|
|
- |
|
|
|
4,203 |
|
|
Depreciation and amortization expenses included in cost of revenues and operating expenses
|
|
|
29 |
|
|
|
- |
|
|
|
841 |
|
|
|
67 |
|
|
|
- |
|
|
|
937 |
|
|
Impairment on intangible assets included in operating expenses
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
Loss from operations
|
|
|
(1,190 |
) |
|
|
- |
|
|
|
(91 |
) |
|
|
(2,476 |
) |
|
|
- |
|
|
|
(3,757 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Impairment on long-term investments
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
(2 |
) |
|
|
- |
|
|
|
(2 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gain on disposal of subsidiaries
|
|
|
22 |
|
|
|
- |
|
|
|
- |
|
|
|
1 |
|
|
|
- |
|
|
|
23 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net loss
|
|
|
(1,491 |
) |
|
|
- |
|
|
|
(91 |
) |
|
|
(2,187 |
) |
|
|
- |
|
|
|
(3,769 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total assets-December 31, 2024
|
|
|
7,627 |
|
|
|
- |
|
|
|
- |
|
|
|
34,405 |
|
|
|
(32,346 |
) |
|
|
9,686 |
|
| |
(1)
|
Including approximately US$0.68 million share-based compensation expenses.
|
| |
(2)
|
Since our Ecommerce O2O Ad and marketing services segment has been dormant and historical amounts were immaterial, the operations of this segment have been combined with the corporate segment for financial reporting purposes. Accordingly, the segment information for the year ended December 31, 2024, has been reclassified to conform to the presentation for the year ended December 31, 2025.
|
|