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REVENUE AND OTHER INCOME (Tables) | 12 Months Ended
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Dec. 31, 2024
Revenue And Other Income |
SCHEDULE OF ANALYSIS ABOUT COMPANY'S REVENUE AND OTHER INCOME | Revenue comprises the fair value of the consideration received or receivable for the sale of goods. An analysis of the Company’s revenue and other income is as follows: SCHEDULE OF ANALYSIS ABOUT COMPANY'S REVENUE AND OTHER INCOME
|  | 2024 |  |  | 2023 |  |  | 2022 |
|  | For the years ended December 31, |
|  | 2024 |  |  | 2023 |  |  | 2022 |
|  | USD’000 |  |  | USD’000 |  |  | USD’000 |
Revenue |  |  |  |  |  |  |  |  |  |  |  |
Continuing operations |  |  |  |  |  |  |  |  |  |  |  |
Business management and consulting |  |  | 164 |  |  |  | 1,009 |  |  |  | 1,882 |
Livestreaming ecommerce |  |  | 98,609 |  |  |  | 71,093 |  |  |  | 40,672 |
Discontinued operations |  |  |  |  |  |  |  |  |  |  |  |
Sale of goods (Note 26) |  |  | - |  |  |  | 381 |  |  |  | 5,602 |
Total revenue |  |  | 98,773 |  |  |  | 72,483 |  |  |  | 48,156 |
Other income |  |  |  |  |  |  |  |  |  |  |  |
Continuing operations |  |  |  |  |  |  |  |  |  |  |  |
Interest income |  |  | 844 |  |  |  | 302 |  |  |  | 2 |
Foreign exchange gain |  |  | - |  |  |  | - |  |  |  | 11 |
Government grant |  |  | 1,250 |  |  |  | 42 |  |  |  | - |
Other |  |  | 8 |  |  |  | 182 |  |  |  | 428 |
Discontinued operations |  |  |  |  |  |  |  |  |  |  |  |
Other income (Note 26) |  |  | - |  |  |  | 808 |  |  |  | 2,117 |
Total other income |  |  | 2,102 |  |  |  | 1,334 |  |  |  | 2,558 |
SCHEDULE OF OPERATIONS BY BUSINESS SEGMENT | The following table shows the Company’s operations by business segment for the years ended December 31, 2024, 2023 and 2022. SCHEDULE OF OPERATIONS BY BUSINESS SEGMENT
|  | 2024 |  |  | 2023 |  |  | 2022 |
|  | For the years ended December 31, |
|  | 2024 |  |  | 2023 |  |  | 2022 |
|  | USD’000 |  |  | USD’000 |  |  | USD’000 |
Revenues |  |  |  |  |  |  |  |  |  |  |  |
Discontinued operations |  |  |  |  |  |  |  |  |  |  |  |
Sales of tile products |  |  | - |  |  |  | 381 |  |  |  | 5,602 |
Continuing operations |  |  |  |  |  |  |  |  |  |  |  |
Consulting income / software |  |  | 164 |  |  |  | 1,009 |  |  |  | 1,882 |
Livestreaming ecommerce |  |  | 98,609 |  |  |  | 71,093 |  |  |  | 40,672 |
Total revenues |  |  | 98,773 |  |  |  | 72,483 |  |  |  | 48,156 |
Cost of revenues |  |  |  |  |  |  |  |  |  |  |  |
Discontinued operations |  |  |  |  |  |  |  |  |  |  |  |
Sales of tile products |  |  | - |  |  |  | 1,068 |  |  |  | 6,129 |
Continuing operations |  |  |  |  |  |  |  |  |  |  |  |
Consulting income / software |  |  | 189 |  |  |  | 1,958 |  |  |  | 1,905 |
Livestreaming ecommerce |  |  | 98,710 |  |  |  | 62,651 |  |  |  | 36,501 |
Total cost of revenues |  |  | 98,899 |  |  |  | 65,677 |  |  |  | 44,535 |
Other income |  |  |  |  |  |  |  |  |  |  |  |
Discontinued operations |  |  |  |  |  |  |  |  |  |  |  |
Sales of tile products |  |  | - |  |  |  | 808 |  |  |  | 2,117 |
Continuing operations |  |  |  |  |  |  |  |  |  |  |  |
Consulting income / software |  |  | 545 |  |  |  | 12 |  |  |  | 18 |
Livestreaming ecommerce |  |  | 1,256 |  |  |  | 50 |  |  |  | 338 |
Other |  |  | 301 |  |  |  | 464 |  |  |  | 104 |
Total other income |  |  | 2,102 |  |  |  | 1,334 |  |  |  | 2,577 |
Operating costs and expenses |  |  |  |  |  |  |  |  |  |  |  |
Discontinued operations |  |  |  |  |  |  |  |  |  |  |  |
Sales of tile products |  |  | - |  |  |  | 458 |  |  |  | 3,763 |
Continuing operations |  |  |  |  |  |  |  |  |  |  |  |
Consulting income / software |  |  | 303 |  |  |  | 1,035 |  |  |  | 686 |
Livestreaming ecommerce |  |  | 1,236 |  |  |  | 8,514 |  |  |  | 3,740 |
Other |  |  | 11,004 |  |  |  | 10,564 |  |  |  | 1,394 |
Total operating costs and expenses |  |  | 12,543 |  |  |  | 20,571 |  |  |  | 9,583 |
Bad debt (reversal) expense |  |  |  |  |  |  |  |  |  |  |  |
Discontinued operations |  |  |  |  |  |  |  |  |  |  |  |
Sales of tile products |  |  | - |  |  |  | (141) |  |  |  | 4,959 |
Continuing operations |  |  |  |  |  |  |  |  |  |  |  |
Consulting income / software |  |  | - |  |  |  | - |  |  |  | 148 |
Livestreaming ecommerce |  |  | - |  |  |  | - |  |  |  | (557) |
Total bad debt (reversal) expense |  |  | - |  |  |  | (141 | ) |  |  | 4,550 |
Other expense |  |  |  |  |  |  |  |  |  |  |  |
Discontinued operations |  |  |  |  |  |  |  |  |  |  |  |
Sales of tile products |  |  | - |  |  |  | - |  |  |  | - |
Continuing operations |  |  |  |  |  |  |  |  |  |  |  |
Consulting income / software |  |  | 9 |  |  |  | - |  |  |  | 5 |
Livestreaming ecommerce |  |  | - |  |  |  | - |  |  |  | 1 |
Other |  |  | - |  |  |  | 170 |  |  |  | - |
Total other expense |  |  | 9 |  |  |  | 170 |  |  |  | 6 |
Loss from operations |  |  |  |  |  |  |  |  |  |  |  |
Discontinued operations |  |  |  |  |  |  |  |  |  |  |  |
Sales of tile products |  |  | - |  |  |  | (196 | ) |  |  | (7,132 | )
Continuing operations |  |  |  |  |  |  |  |  |  |  |  |
Consulting income / software |  |  | 208 |  |  |  | (1,972 | ) |  |  | (847 | )
Livestreaming ecommerce |  |  | (80 | ) |  |  | (23) |  |  |  | 1,327 |
Other |  |  | (10,704 | ) |  |  | (10,269 | ) |  |  | (1,289 | )
Loss from operations |  |  | (10,576 | ) |  |  | (12,460 | ) |  |  | (7,940 | )
|  | As of |  |  | As of |
|  | December 31, |  |  | December 31, |
|  | 2024 |  |  | 2023 |
Segment assets |  |  |  |  |  |  |  |
Discontinued operations |  |  |  |  |  |  |  |
Sale of tile products |  |  | - |  |  |  | - |
Continuing operations |  |  |  |  |  |  |  |
Business management and consulting |  |  | 19,544 |  |  |  | 7,231 |
Livestreaming ecommerce |  |  | 4,514 |  |  |  | 1,903 |
Others |  |  | 13,948 |  |  |  | 7,980 |
Total assets |  |  | 38,006 |  |  |  | 17,114 |

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