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UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Statement of Cash Flows [Abstract]    
Net income $ 41 $ 1,334
Adjustments:    
Depreciation and amortization 28 48
Unrealized gain on derivative contract at fair value (244) (59)
(Reversal)/provision of allowance for credit loss 240 (314)
Interest expense 55 86
Interest expense on finance lease 0 2
Interest expense on operating lease liability 0 2
Interest income (192) (181)
Changes in operating assets:    
Decrease in inventories 196 385
Change in margin deposits and margin call 167 (48)
Decrease/(increase) of accounts receivable, prepaid expenses and other current assets (19,949) 1,378
(Decrease)/increase in accounts payable, accruals and other current liabilities 17,376 (1,979)
Decrease in income tax payable (19) (428)
Decrease in operating lease liabilities and right-of-use asset 0 [1] 0
Cash provided by/(used in) operating activities (2,301) 226
Purchase of property, plant and equipment (1) (5)
Cash used in investing activities (1) (5)
Proceeds from a related party 356 0
Repayment of amount due to a related party (597) 0
Repayment of bank borrowings (9,108) (104)
Proceeds from bank borrowings 12,640 0
Interest paid 0 (48)
Principal payment of finance lease (6) (14)
Principal payment of lease liabilities 0 (18)
Payment of interest on finance lease 0 (2)
Payment of interest on lease liabilities 0 (2)
Cash (used in)/provided by financing activities 3,285 (188)
Net change in cash and cash equivalents 983 33
Cash and cash equivalents as of beginning of the period 678 1,330
Cash and cash equivalents as of the end of the period 1,661 1,363
Supplementary Cash Flows Information    
Cash paid for taxes 19 719
Interest expense paid 138 0
Interest income received [1]
[1] Denotes amount less than US$1,000