Note 4 - Summary of Significant Accounting Policies (Tables)
|
12 Months Ended |
Dec. 31, 2025 |
|---|
| Notes Tables |
|
| Foreign Currency Exchange Rates [Table Text Block] |
| |
|
As of December 31,
|
|
| |
|
2025
|
|
|
2024
|
|
| |
|
|
|
|
|
|
|
Balance sheet items, except for equity accounts
|
|
7.0288 |
|
|
7.1884 |
|
| |
|
Year Ended December 31,
|
|
| |
|
2025
|
|
|
2024
|
|
|
Items in the statements of operations and comprehensive loss
|
|
7.1429 |
|
|
7.1217 |
|
|
| Property, Plant and Equipment, Useful Life [Table Text Block] |
|
Leasehold improvements
|
3 years
|
|
Vehicles
|
5 years
|
|
Office equipment
|
3-5 years
|
|
Electronic devices
|
5 years
|
|
| Disaggregation of Revenue [Table Text Block] |
| |
|
Year Ended December 31,
|
|
| |
|
2025
|
|
|
2024
|
|
| |
|
US$(’000)
|
|
|
US$(’000)
|
|
|
Internet advertising and related service
|
|
|
|
|
|
|
|
|
|
--distribution of the right to use search engine marketing service
|
|
|
50 |
|
|
|
9,909 |
|
|
--Internet advertising and related data service
|
|
|
3,688 |
|
|
|
4,780 |
|
|
IP Services
|
|
|
260 |
|
|
|
- |
|
|
Blockchain-based SaaS services
|
|
|
616 |
|
|
|
750 |
|
|
Total revenues
|
|
$ |
4,614 |
|
|
$ |
15,439 |
|
| |
|
Year Ended December 31,
|
|
| |
|
2025
|
|
|
2024
|
|
| |
|
US$(’000)
|
|
|
US$(’000)
|
|
| |
|
|
|
|
|
|
|
|
|
Revenue recognized over time
|
|
|
310 |
|
|
|
9,909 |
|
|
Revenue recognized at a point in time
|
|
|
4,304 |
|
|
|
5,530 |
|
|
Total revenues
|
|
$ |
4,614 |
|
|
$ |
15,439 |
|
|
| Contract with Customer, Contract Asset, Contract Liability, and Receivable [Table Text Block] |
| |
|
Contract liabilities
|
|
| |
|
US$(’000)
|
|
| |
|
|
|
|
|
Balance as of January 1, 2024
|
|
|
843 |
|
|
Exchange translation adjustment
|
|
|
(13 |
) |
|
Revenue recognized from beginning contract liability balance
|
|
|
(527 |
) |
|
Advances received from customers related to unsatisfied performance obligations
|
|
|
186 |
|
|
Balance as of December 31, 2024
|
|
|
489 |
|
|
Exchange translation adjustment
|
|
|
11 |
|
|
Revenue recognized from beginning contract liability balance
|
|
|
(39 |
) |
|
Advances received from customers related to unsatisfied performance obligations
|
|
|
61 |
|
|
Balance as of December 31, 2025
|
|
|
522 |
|
|
| Lessee, Operating Lease, Liability, to be Paid, Maturity [Table Text Block] |
| |
|
Operating leases
|
|
| |
|
US$(’000)
|
|
|
Year ending December 31,
|
|
|
|
|
|
-2026
|
|
|
51 |
|
|
Total undiscounted lease payments
|
|
|
51 |
|
|
Less: imputed interest
|
|
|
(2 |
) |
|
Operating lease liabilities as of December 31, 2025
|
|
$ |
49 |
|
| |
|
|
|
|
|
Including:
|
|
|
|
|
|
Operating lease liabilities
|
|
|
49 |
|
|
Operating lease liabilities-Non current
|
|
|
- |
|
| |
|
$ |
49 |
|
|
| Lease, Cost [Table Text Block] |
| |
|
Year Ended December 31,
|
|
| |
|
2025
|
|
|
2024
|
|
| |
|
US$(’000)
|
|
|
US$(’000)
|
|
| |
|
|
|
|
|
|
|
|
|
Long-term operating lease contracts
|
|
|
50 |
|
|
|
22 |
|
|
Short-term operating lease contracts
|
|
|
5 |
|
|
|
34 |
|
|
Total
|
|
|
55 |
|
|
|
56 |
|
| |
|
Year Ended December 31,
|
|
| |
|
2025
|
|
|
2024
|
|
| |
|
|
|
|
|
|
|
|
|
Operating cash flows used for operating leases (US$’000)
|
|
|
53 |
|
|
|
25 |
|
|
Right-of-use assets obtained in exchange for new lease liabilities (US$’000)
|
|
|
87 |
|
|
|
- |
|
|
Weighted-average remaining lease term (years)
|
|
|
- |
|
|
|
- |
|
|
Weighted-average discount rate
|
|
|
6 |
% |
|
|
6 |
% |
|
| Asset Acquisition [Table Text Block] |
| |
|
As of March 7, 2025
|
|
| |
|
US$(’000)
|
|
| |
|
(Unaudited)
|
|
|
Rahula Group intangible asset recorded on acquisition date:
|
|
|
|
|
|
Intangible asset acquired (a)
|
|
|
707 |
|
|
Deferred tax liability generated from the Rahula asset
|
|
|
(107 |
) |
|
Total consideration paid
|
|
|
600 |
|
|
| Financing Receivable, Current, Allowance for Credit Loss [Table Text Block] |
| |
|
Year Ended December 31,
|
|
| |
|
2025
|
|
|
2024
|
|
| |
|
US$(’000)
|
|
|
US$(’000)
|
|
| |
|
(Unaudited)
|
|
|
(Unaudited)
|
|
|
Credit loss for accounts receivable:
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
Balance as of beginning of the period
|
|
|
4,817 |
|
|
|
3,987 |
|
|
Provision for/(reverse of) credit loss during the period
|
|
|
217 |
|
|
|
892 |
|
|
Exchange translation adjustments
|
|
|
103 |
|
|
|
(62 |
) |
|
Balance as of end of the period
|
|
|
5,137 |
|
|
|
4,817 |
|
| |
|
Year Ended December 31,
|
|
| |
|
2025
|
|
|
2024
|
|
| |
|
US$(’000)
|
|
|
US$(’000)
|
|
| |
|
(Unaudited)
|
|
|
(Unaudited)
|
|
|
Credit loss for other current assets:
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
Balance as of beginning of the period
|
|
|
1,513 |
|
|
|
1,559 |
|
|
Provision for/(reverse of) for credit loss during the period
|
|
|
476 |
|
|
|
(46 |
) |
|
Written off during the period
|
|
|
- |
|
|
|
- |
|
|
Exchange translation adjustments
|
|
|
- |
|
|
|
- |
|
|
Balance as of end of the period
|
|
|
1,989 |
|
|
|
1,513 |
|
|