XML 54 R42.htm IDEA: XBRL DOCUMENT v3.21.1
LONG TERM INVESTMENT (Tables)
 3 Months Ended
Mar. 31, 2021
LONG TERM INVESTMENT [Abstract]  
Components of Long-Term Investment
The Company treats the equity investment in the consolidated financial statements under the equity method. Under the equity method, the investment is initially recorded at cost, adjusted for any excess of the Company’s share of the incorporated-date fair values of the investee’s identifiable net assets over the cost of the investment (if any). Thereafter, the investment is adjusted for the post incorporation change in the Company’s share of the investee’s net assets and any impairment loss relating to the investment.

 
  
March 31,
2021
    
December 31,
2020
  
Ninebell
  
$
1,988
    
$
1,666
  
Shengyi
    
157
      
134
  
Hefei Shixi
    
4,487
      
4,540
  
Total
  
$
6,632
    
$
6,340