v3.8.0.1
Segment information (Tables)
12 Months Ended
Dec. 31, 2017
Segment Reporting [Abstract]  
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
 
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