v3.21.2

Discontinued Operations (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2020
Century Skyway Limited |
Schedule of disposal groups, discontinued operations | The following table presents the components of discontinued operations reported in the consolidated balance sheets:
|  | As of
|  | December 31,
|  | 2018
Cash |  | $ | 5
Advances to suppliers |  |  | 45
Goodwill |  |  | 12,831
Intangible assets |  |  | 16,402
Long-live asset subtotal |  |  | 16,402
Assets held for sale |  |  | 29,283
Classified as: |  |  |
— Current |  |  | 12,881
— Non-current |  |  | 16,402
Other payables, accrued liabilities and customer deposits |  | $ | 182
Deferred tax liabilities |  |  | 4,100
Liabilities held for sale |  |  | 4,282
Classified as: |  |  |
— Current |  |  | 182
— Non-current |  |  | 4,100
The following table presents the components of discontinued operations reported in the consolidated statements of comprehensive loss:
|  | Year ended December 31,
|  | 2020 |  | 2019 |  | 2018
Revenues |  | $ | — |  | $ | — |  | $ | —
Cost of revenues |  |  | — |  |  | — |  |  | —
Operating expenses |  |  | — |  |  | (7) |  |  | (8,005)
Loss before provision for income taxes |  |  | — |  |  | (7) |  |  | (8,005)
Income tax credit |  |  | — |  |  | — |  |  | 492
Loss from discontinued operations, net of income taxes |  |  | — |  |  | (7) |  |  | (7,513)
The following table summarizes the net assets of CSL at the date of disposal:
|  | Date of disposal |
|  | of 51% equity |
|  | interest in CSL |
|  | (December 31, 2019) |
Cash |  | $ | 2 |
Advances to suppliers |  |  | 44 |
Goodwill |  |  | 12,831 |
Intangible assets |  |  | 16,402 |
Long-live asset subtotal |  |  | 16,402 |
Other payables, accrued liabilities and customer deposits |  |  | (185) |
Deferred tax liabilities |  |  | (4,100) |
Net assets of CSL upon disposal |  |  | 24,994 |
|  |  | 51 | %
Interests in net assets of CSL being disposed of |  |  | 12,747 |
Consideration |  |  | 12,750 |
Gain on disposal of subsidiary |  |  | 3 |
Boca International Limited |
Schedule of disposal groups, discontinued operations | The following table presents the components of discontinued operations reported in the consolidated balance sheets:
|  | As of
|  | December 31,
|  | 2019
Cash |  | $ | 35
Accounts receivable, net |  |  | 25
Operating lease right-of-use assets, net |  |  | 95
Other receivables and prepayments |  |  | 37
Equipment |  |  | 2,799
Intangible assets |  |  | 2,377
Long-live asset subtotal |  |  | 5,271
Assets held for sale |  |  | 5,368
Classified as: |  |  |
— Current |  |  | 97
— Non-current |  |  | 5,271
Other payables and accrued liabilities |  | $ | 4,274
Operating lease liability, current |  |  | 68
Operating lease liability, non-current |  |  | 29
Deferred tax liabilities |  |  | 594
Liabilities held for sale |  |  | 4,965
Classified as: |  |  |
— Current |  |  | 4,342
— Non-current |  |  | 623
The following table presents the components of discontinued operations reported in the consolidated statements of comprehensive loss:
|  | For eight months ended |  |  |  |  |  |
|  | August 31, |  | Year ended December 31,
|  | 2020 |  | 2019 |  | 2018
Revenues |  | $ | 812 |  | $ | 410 |  | $ | 10
Cost of revenues |  |  | (523) |  |  | (1,738) |  |  | (1,378)
Operating expenses |  |  | (363) |  |  | (39,613) |  |  | (10,489)
Other income (expenses) |  |  | — |  |  | (218) |  |  | (140)
Loss before provision for income taxes |  |  | (74) |  |  | (41,159) |  |  | (11,997)
Income tax credit |  |  | 79 |  |  | 5,050 |  |  | 327
Gain (Loss) from discontinued operations, net of income taxes |  |  | 5 |  |  | (36,109) |  |  | (11,670)
The following table summarizes the net assets of Boca at the date of disposal:
|  | Date of disposal |
|  | of 51% equity |
|  | interest in Boca |
|  | (August 31, 2020) |
Cash |  | $ | 2 |
Accounts receivable |  |  | 186 |
Operating lease right-of-use assets, net |  |  | 95 |
Other receivables and prepayments |  |  | 37 |
Plant and equipment, net |  |  | 2,837 |
Intangible assets, net |  |  | 2,063 |
Long-live asset subtotal |  |  | 4,900 |
Other payables and accrued liabilities |  |  | (4,235) |
Operating lease liabilities |  |  | (97) |
Deferred tax liabilities |  |  | (516) |
Net assets of Boca upon disposal |  |  | 372 |
|  |  | 51 | %
Interests in net assets of Boca being disposed of |  |  | 189 |
Consideration |  |  | 187 |
Loss on disposal of subsidiary |  |  | (2) |

X
- Definition Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=109226691&loc=SL51724579-110230 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109222650&loc=d3e1474-107760 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5D -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721677-107760 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=109222160&loc=SL51721533-107759 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721659-107760 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721665-107760 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109226691&loc=d3e2941-110230 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5C -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721675-107760 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721683-107760 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=109222650&loc=d3e1361-107760 Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5A -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721671-107760 Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5B -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721673-107760 Reference 13: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 4A -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721663-107760 + Details
Name: | us-gaap_ScheduleOfDisposalGroupsIncludingDiscontinuedOperationsIncomeStatementBalanceSheetAndAdditionalDisclosuresTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis=sgoc_CenturySkywayLimitedMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis=sgoc_BocaInternationalLimitedMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |