XML 46 R28.htm IDEA: XBRL DOCUMENT
v3.25.1

SEGMENT, PRODUCT, GEOGRAPHIC AND OTHER INFORMATION | 12 Months Ended
--- | ---
Dec. 31, 2024
Segment Reporting [Abstract] |
SEGMENT, PRODUCT, GEOGRAPHIC AND OTHER INFORMATION | NOTE 18. SEGMENT, PRODUCT, GEOGRAPHIC AND OTHER INFORMATION Segment Information We have only one segment, the digital entertainment business segment, which operates a portfolio of digital entertainment products, primarily targeting digital entertainment service users across Asia. Our Company uses the Net income (loss), as reported on our Consolidated Statements of Comprehensive Income (Loss) as the measurement for the basis of performance assessment. The basis for such measurement is the same as that for the preparation of consolidated financial statements. Please refer to the consolidated statements of operations and comprehensive income (loss) for the related segment revenue and operating results. Amounts of revenues and significant expense categories that are regularly provided to the CODM and included in reported segment profit or loss are summarized as follows:
(in US$ thousands) |  | 2024 |  |  | 2023 |  |  | 2022 |
Revenues from external customers |  | $ | 2,969 |  |  | $ | 4,292 |  |  | $ | 5,585 |
Personnel expenses |  |  | (2,860 | ) |  |  | (2,998 | ) |  |  | (3,443 | )
Licensing and royalty fees |  |  | (637 | ) |  |  | (952 | ) |  |  | (1,210 | )
Depreciation |  |  | (48 | ) |  |  | (43 | ) |  |  | (24 | )
Amortization |  |  | (10 | ) |  |  | (12 | ) |  |  | (9 | )
Interest income |  |  | 7 |  |  |  | 8 |  |  |  | 2 |
Interest expenses |  |  | (37 | ) |  |  | (38 | ) |  |  | (63 | )
Foreign exchange gain (loss) |  |  | 211 |  |  |  | (19 | ) |  |  | 255 |
Rent and utilities |  |  | (559 | ) |  |  | (569 | ) |  |  | (123 | )
Other expenses |  |  | (372 | ) |  |  | (575 | ) |  |  | (1,328 | )
Other non-operating income, net |  |  | 1 |  |  |  | 3 |  |  |  | 70 |
Digital Entertainment Segment Net Loss |  |  | (1,335 | ) |  |  | (903 | ) |  |  | (288 | )
Headquarters expenses |  |  | (871 | ) |  |  | (2,491 | ) |  |  | (2,277 | )
Reconciliation of profit or loss |  |  |  |  |  |  |  |  |
Adjustments and reconciling items |  |  | (90 | ) |  |  | (5 | ) |  |  | (187 | )
Consolidated Net Loss |  | $ | (2,296 | ) |  | $ | (3,399 | ) |  | $ | (2,752 | )
Reconciliations of reportable segment assets and other significant items to the consolidated totals are summarized as follows:
(in US$ thousands) |  |  |  | 2024 |  |  | 2023 |
Total assets for reportable segments |  |  |  | $ | 3,274 |  |  | $ | 4,216 |
Cash held in corporate headquarters |  |  |  |  | 33,856 |  |  |  | 37,040 |
Marketable securities - noncurrent |  |  |  |  | 5,441 |  |  |  | 5,777 |
Elimination of receivables from corporate headquarters |  |  |  |  | (605 | ) |  |  | (601 | )
Other unallocated amounts |  |  |  |  | 392 |  |  |  | 65 |
Consolidated Total |  |  |  | $ | 42,358 |  |  | $ | 46,497 |
(in US$ thousands) | Segment Totals |  |  | Adjustments |  |  | Consolidated Totals |
2024 |  |  |  |  |  |  |  |
Revenues from external customers | $ | 2,969 |  |  | $ | — |  |  | $ | 2,969 |
Interest income |  | 7 |  |  |  | 1,956 |  |  |  | 1,963 |
Interest expense |  | (37 | ) |  |  | 37 |  |  |  | — |
Depreciation and amortization |  | (58 | ) |  |  | — |  |  |  | (58 | )
2023 |  |  |  |  |  |  |  |
Revenues from external customers |  | 4,292 |  |  |  | — |  |  |  | 4,292 |
Interest income |  | 8 |  |  |  | 1,803 |  |  |  | 1,811 |
Interest expense |  | (38 | ) |  |  | 38 |  |  |  | — |
Depreciation and amortization |  | (55 | ) |  |  | — |  |  |  | (55 | )
2022 |  |  |  |  |  |  |  |
Revenues from external customers |  | 5,585 |  |  |  | — |  |  |  | 5,585 |
Interest income |  | 2 |  |  |  | 716 |  |  |  | 718 |
Interest expense |  | (63 | ) |  |  | 63 |  |  |  | — |
Depreciation and amortization |  | (33 | ) |  |  | — |  |  |  | (33 | )
Interest income and expense allocated from headquarter to the digital entertainment business segment is based on internally negotiated rates and the adjustments represent amounts related to headquarters. Major Product Lines Revenues from our Company’s major product lines are summarized as follows:
(in US$ thousands) |  | 2024 |  |  | 2023 |  |  | 2022 |
MahJong and casino casual games |  | $ | 1,051 |  |  | $ | 1,070 |  |  | $ | 1,308 |
PC-based online sports games |  |  | 1,539 |  |  |  | 2,696 |  |  |  | 3,395 |
Mobile role playing games |  |  | 338 |  |  |  | 464 |  |  |  | 801 |
Other games and game related revenues |  |  | 41 |  |  |  | 62 |  |  |  | 81 |
|  | $ | 2,969 |  |  | $ | 4,292 |  |  | $ | 5,585 |
Major Customers No single customer represented 10% or more of GigaMedia’s consolidated total net revenues in any period presented. Geographic Information Revenues by geographic area are attributed by country of the operating entity location. Revenue from by geographic region is as follows:
(in US$ thousands) |  |  |  |  |  |  |  |  |
Geographic region / country |  | 2024 |  |  | 2023 |  |  | 2022 |
Taiwan |  | $ | 1,602 |  |  | $ | 1,785 |  |  | $ | 2,427 |
Hong Kong |  |  | 1,367 |  |  |  | 2,507 |  |  |  | 3,158 |
|  | $ | 2,969 |  |  | $ | 4,292 |  |  | $ | 5,585 |
Geographic information for property, plant and equipment, intangible assets and operating lease right-of-use assets are as follows:
(in US$ thousands) |  | December 31, 2024 |  |  | December 31, 2023 |
Geographic region / country |  | Property, plant and equipment, net |  |  | Intangible assets, net |  |  | Operating lease right-of-use assets, net |  |  | Property, plant and equipment, net |  |  | Intangible assets, net |  |  | Operating lease right-of-use assets, net |
Taiwan |  | $ | 101 |  |  | $ | 7 |  |  | $ | 466 |  |  | $ | 111 |  |  | $ | 13 |  |  | $ | 869 |
Hong Kong |  |  | — |  |  |  | — |  |  |  | 18 |  |  |  | — |  |  |  | — |  |  |  | 75 |
|  | $ | 101 |  |  | $ | 7 |  |  | $ | 484 |  |  | $ | 111 |  |  | $ | 13 |  |  | $ | 944 |

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 48 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-48 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-32 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 270 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (i) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482964/270-10-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (ee) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-32 Reference 5: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-32 Reference 6: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 54 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-54 Reference 7: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 47 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-47 Reference 8: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 54 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-54 Reference 9: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 47 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-47 Reference 10: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 54 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-54 Reference 11: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 47 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-47 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-31 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 34 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-34 Reference 15: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 26C -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-26C Reference 16: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 26B -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-26B Reference 17: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-15 Reference 18: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 42 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-42 Reference 19: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-40 Reference 20: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/280/tableOfContent Reference 21: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 26 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-26 Reference 22: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-41 Reference 23: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-21 Reference 24: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-21 Reference 25: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-32 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration