v3.26.1
Note 12 - Taxation (Tables)
12 Months Ended
Dec. 31, 2025
Notes Tables  
Schedule Of Taxes Payable [Table Text Block]
   

As of December 31,

 
   

2025

   

2024

 
   

US$(’000)

   

US$(’000)

 
                 

Turnover tax and surcharge payable

    1,276       1,247  

Enterprise income tax payable

    1,973       1,905  

Taxes payable

    3,249       3,152  
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]
    Year Ended December 31,  
   

2025

    2024  
   

US$(’000)

   

US$(’000)

 
                                 

Pre-tax loss

    (1,770 )             (3,370 )        

Income tax benefit computed at U.S. federal rate

    372       21.0 %     708       21.0 %

Reconciling items:

                               

Rate differential for foreign earnings

    (9 )     -0.5 %     110       3.3 %

(Provision for) / reversal of valuation allowance on deferred tax assets

    117       6.6 %     (888 )     -26.4 %

Expired tax attribute carryforwards

    (513 )     -29.0 %     (323 )     -9.6 %

Tax effect on other (non-deductible expenses)/non-taxable income

    32       1.80 %     (6 )     -0.2 %

Effective income tax benefit/(expense)

    (1 )     -0.1 %     (399 )     -11.9 %
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]
   

Year Ended December 31,

 
   

2025

   

2024

 
   

US$(’000)

   

US$(’000)

 
                 

Current

    -       -  

Deferred

    (1 )     (399 )

Income tax benefit/(expense)

    (1 )     (399 )
Schedule Of Deferred Tax Assets [Table Text Block]
   

As of December 31,

 
   

2025

   

2024

 
   

US$(’000)

   

US$(’000)

 
                 

Tax effect of net operating losses carried forward

    10,853       11,035  

Operating lease cost

    -       -  

Impairment on long-term investments

    105       104  

Impairment on intangible assets

    571       570  

Bad debts provision

    1,569       1,427  

Valuation allowance

    (13,098 )     (13,136 )

Deferred tax assets, net

    -       -