| Intangible Asset [Text Block] |
| |
10.
|
Intangible assets, net
|
| |
|
As of March 31, 2026 (Unaudited)
|
|
|
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
|
|
|
1,341 |
|
|
|
(930 |
) |
|
|
(411 |
) |
|
|
- |
|
|
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 |
|
|
|
(249 |
) |
|
|
- |
|
|
|
458 |
|
|
Blockchain Integrated Framework
|
|
|
4,038 |
|
|
|
(3,028 |
) |
|
|
(1,010 |
) |
|
|
- |
|
|
Bo!News application
|
|
|
347 |
|
|
|
(116 |
) |
|
|
(231 |
) |
|
|
- |
|
|
Other computer software
|
|
|
113 |
|
|
|
(113 |
) |
|
|
- |
|
|
|
- |
|
|
Total
|
|
$ |
10,410 |
|
|
$ |
(6,194 |
) |
|
$ |
(3,758 |
) |
|
$ |
458 |
|
| |
|
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 |
|
Amortization expenses for the three months ended March 31, 2026 and 2025 were approximately US$0.06 million and US$0.01 million, respectively.
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 1.95 years as of March 31, 2026, and assuming no further subsequent impairment of the underlying intangible assets, the estimated future amortization expenses is approximately US$0.18 million for the year ending December 31, 2026, approximately US$0.24 million for the year ending December 31, 2027, and approximately US$0.05 million for the year ending December 31, 2028.
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