| Summary of Enterprise-wide geographic reporting |
During 2017, after the acquisition of CSL and Giant Credit, there are two additional segments, consisting of the VR service and products and money lending. | For the year ended December 31, 2017 | | LCD/LED products | | Green energy products and services | | VR products and services | | Money lending services | | Corporate unallocated (note) | | Consolidated | | | Revenues | | $ | 42 | | $ | 9 | | $ | - | | $ | - | | $ | - | | $ | 51 | | | Gross (loss) profit | | | 16 | | | (1,308) | | | - | | | - | | | - | | | (1,292) | | | Operating expenses | | | (1,052) | | | (6,009) | | | (2,740) | | | - | | | (773) | | | (10,574) | | | Loss from operations | | | (1,036) | | | (7,317) | | | (2,740) | | | - | | | (773) | | | (11,866) | | | Other income (expenses) | | | 136 | | | (13) | | | - | | | - | | | (150) | | | (27) | | | Loss before provision for income taxes | | | (900) | | | (7,330) | | | (2,740) | | | - | | | (923) | | | (11,893) | | | Income tax benefit | | | - | | | 350 | | | 329 | | | - | | | - | | | 679 | | | Net loss | | | (900) | | | (6,980) | | | (2,411) | | | - | | | (923) | | | (11,214) | | | | | | | | | | | | | | | | | | | | | | | | As of December 31, 2017 | | | | | | | | | | | | | | | | | | | | | Identifiable long-lived assets | | | 3 | | | 23,888 | | | 18,370 | | | 508 | | | - | | | 42,769 | | | Total assets | | | 2,085 | | | 56,696 | | | 37,287 | | | 2,376 | | | 9 | | | 98,453 | | | | | | | | Green energy | | Corporate | | | | | | | LCD/LED | | products | | unallocated | | | | | For the year ended December 31, 2016 | | products | | and services | | (note) | | Consolidated | | | Revenues | | $ | 5,067 | | $ | 2 | | $ | | | $ | 5,069 | | | Gross profit | | | 200 | | | 2 | | | | | | 202 | | | Operating expenses | | | 1,281 | | | 1,272 | | | 1,617 | | | 4,170 | | | Loss from operations | | | (1,081) | | | (1,270) | | | (1,617) | | | (3,968) | | | Other income (expenses) | | | 137 | | | (9) | | | (1,522) | | | (1,394) | | | Loss before provision for income taxes | | | (944) | | | (1,279) | | | (3,139) | | | (5,362) | | | Income tax benefit | | | - | | | 315 | | | - | | | 315 | | | Net loss | | | (944) | | | (964) | | | (3,139) | | | (5,047) | | | | | | | | | | | | | | | | | | As of December 31, 2016 | | | | | | | | | | | | | | | Identifiable long-lived assets | | | 5 | | | 25,290 | | | - | | | 25,295 | | | Total assets | | | 1,965 | | | 61,794 | | | 36,513 | | | 100,272 | |
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| Schedule of Segment Reporting Information, by Segment |
Geographic area data is based on product shipment destination. In accordance with the enterprise-wide disclosure requirements of the accounting standard, the Company’s net revenue from external customers by geographic areas is as follows: | | | For the year ended December 31, | | | | | 2017 | | 2016 | | 2015 | | | | | | | | | | | | | | | Mainland China | | $ | 42 | | $ | 751 | | $ | 1,184 | | | Hong Kong | | | 9 | | | 4,318 | | | 737 | | | | | | | | | | | | | | | Total | | $ | 51 | | $ | 5,069 | | $ | 1,921 | |
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