XML 54 R38.htm IDEA: XBRL DOCUMENT v3.23.1
Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2022
Organization Consolidation And Presentation Of Financial Statements [Abstract]  
Schedule of assets and liabilities of the former VIEs
   As of December 31, 
   2021   2022 
   (in thousands of US$) 
Cash and cash equivalents   293    1,951 
Accounts receivable, net   1,333    474 
Amounts due from subsidiaries   8,067    12,766 
Property and equipment and intangible assets   1,195    775 
Others   9,602    5,536 
Total assets   20,490    21,502 
Short term borrowings   941    574 
Amounts due to parent and subsidiaries   55,623    60,029 
Accounts payable, accrued expenses and other liabilities   16,458    12,690 
Contract liabilities   89    62 
Others   18    80 
Total liabilities   73,129    73,435 
Total shareholders’ deficit   (52,639)   (51,933)

 
Schedule of results of operations and changes in cash and cash equivalents of the former VIEs
   Years ended December 31, 
   2020   2021   2022 
   (in thousands of US$) 
Revenue (note a)   55,014    30,979    30,371 
Net loss (note a)   (3,528)   (16,244)   (4,349)
Net cash (used in)/generated from operating activities   (4,933)   (6,553)   858 
Net cash used in investing activities   (1,196)   (178)   (430)
Net cash generated from financing activities   2,988    5,290    1,230 

 
Schedule of cash and cash equivalents
   December 31,   December 31, 
(In thousands)  2021   2022 
Cash and cash equivalents   7,868    14,921 

 
Schedule of depreciation using straight-line method to allocate their cost to their residual values over their estimated useful lives
Computers, server & switch and office equipment  5 years
Wi-Fi terminals for data connectivity services  2 years
Leasehold improvement  Over the shorter of lease term or 3 years

 
Schedule of amortization of finite-lived intangible assets estimated useful lives
Trademark   10 years
Software   10 years
Licensed copyrights   10 years