v3.21.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
CURRENT ASSETS    
Cash $ 3,028 $ 5,126
Accounts receivable, net 8 12
Loans receivable, net of provision for loan losses of $2,174 and $194, respectively 22,096 33,886
Interest receivable 286 1,342
Other receivables and prepayments, net of provision for credit losses of $39 and $nil, respectively 232 5,904
Current assets held for sale 0 97
Total current assets 25,650 46,367
Deposits for acquisition of subsidiaries 4,966 21,795
Plant and equipment, net 52,141 55,085
Operating lease right-of-use assets, net 199 0
Intangible assets 446 0
Long-term loans receivable, net of $nil provision for loan losses 1,621 7,293
Goodwill 5,107 3,906
Non-current assets held for sale   5,271
Total assets 90,130 139,717
CURRENT LIABILITIES    
Short-term bank loan 201 155
Accounts payable, trade 0 1
Other payables and accrued liabilities 946 1,255
Operating lease liability, current 160 0
Unsecured promissory note due to shareholder 5,192 0
Customer deposits   1
Taxes payable 657 693
Warrant derivative liability 249 0
Convertible notes - current 42 46
Current liabilities held for sale   4,342
Total current liabilities 7,447 6,493
LONG-TERM LIABILITIES    
Long-term bank loan 6,040 6,255
Operating lease liability, non-current 39 0
Convertible notes - non-current 118 145
Warrant derivative liability - non- current   253
Non-current Deferred tax liabilities 5,859 6,183
Non-current liabilities held for sale   623
Total liabilities 19,503 19,952
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS' EQUITY    
Preferred stock, $0.001 par value, 1,000,000 shares authorized, nil and nil issued and outstanding as of December 31, 2020 and 2019, respectively
Ordinary shares, $0.004 par value, 500,000,000 shares authorized, 101,158,228 and 80,026,647 issued and outstanding as of December 31, 2020 and December 31, 2019, respectively 405 320
Additional paid-in-capital 135,347 116,943
Retained earnings (deficit) (65,120) 2,316
Accumulated other comprehensive income (loss) (5) (10)
Total SGOCO Group, Ltd. shareholders' equity 70,627 119,569
Non-controlling interests   196
Total shareholders' equity 70,627 119,765
Total liabilities and shareholders' equity $ 90,130 $ 139,717