Note 1 - Organization and nature of operations |
3 Months Ended | |||
|---|---|---|---|---|
Mar. 31, 2026 | ||||
| Notes to Financial Statements | ||||
| Nature of Operations [Text Block] |
ZW Data Action Technologies Inc. (the “Company”) was incorporated in the State of Texas in April 2006 and re-domiciled to become a Nevada corporation in October 2006. On June 26, 2009, the Company consummated a share exchange transaction with China Net Online Media Group Limited (the “Share Exchange”), a company organized under the laws of British Virgin Islands (“China Net BVI”). As a result of the Share Exchange, China Net BVI became a wholly owned subsidiary of the Company and the Company is now a holding company, which, through certain contractual arrangements with operating companies in the People’s Republic of China (the “PRC”) and its other subsidiaries outside of mainland China, is engaged in providing Internet advertising, precision marketing, influencer marketing services as well as the related data and technical services to small and medium enterprises (SMEs). The Company also develops blockchain enabled web/mobile applications and provides software solutions, i.e., Software-as-a-Service (“SaaS”) services for clients, engages in intellectual property (“IP”) licensing services and also artificial intelligence (“AI”) consulting services. As part of an ongoing strategic shift, the Company’s operations are now primarily conducted outside mainland China. |