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Consolidated Statements of Operations and Comprehensive (Loss) Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
NET REVENUES      
Total net revenues $ 9,392 $ 9,163 $ 14,840
COST OF REVENUES      
Educational programs and services (4,405) (6,669) (14,556)
GROSS PROFIT 4,987 2,494 284
OPERATING EXPENSES      
Selling and marketing (1,013) (1,051) (1,487)
General and administrative (4,258) (5,264) (7,628)
Research and development (438) (484)
Impairment loss (657)
Total operating expenses (5,709) (6,799) (9,772)
OPERATING LOSS (722) (4,305) (9,488)
OTHER INCOME (EXPENSE)      
Interest expenses (63) (57) (101)
Other income (expenses), net 255 (199) 500
Loss on disposal of subsidiaries (163)
Gain on disposal of assets 1,400
Total other income, net 192 1,144 236
LOSS BEFORE INCOME TAX AND NON-CONTROLLING INTERESTS (530) (3,161) (9,252)
Income tax (expenses) benefit 839 (14)
LOSS FROM CONTINUING OPERATIONS 309 (3,175) (9,252)
Loss from and on sale of discontinued operations, net of income tax (5,056)
NET (LOSS) INCOME 309 (3,175) (14,308)
Less: Net loss attributable to noncontrolling interests from continuing operations
Less: Net loss attributable to noncontrolling interests from discontinued operations (235)
NET (LOSS) INCOME ATTRIBUTABLE TO ORDINARY SHAREHOLDERS FROM CONTINUING OPERATIONS 309 (3,175) (9,252)
NET LOSS ATTRIBUTABLE TO ORDINARY SHAREHOLDERS FROM DISCONTINUED OPERATIONS (4,821)
NET (LOSS) INCOME ATTRIBUTABLE TO ORDINARY SHAREHOLDERS 309 (3,175) (14,073)
OTHER COMPREHENSIVE LOSS, NET OF TAX      
Foreign translation adjustments (339)
Other comprehensive loss (339)
TOTAL COMPREHENSIVE (LOSS) INCOME $ 309 $ (3,175) $ (14,647)
Basic (loss) income from continuing operations per share (in Dollars per share) $ 0.0054 $ (0.06) $ (0.19)
Diluted (loss) income from continuing operations per share (in Dollars per share) 0.0054 (0.06) (0.19)
Basic loss from discontinued operations per share (in Dollars per share) (0.1)
Diluted loss from discontinued operations per share (in Dollars per share) $ (0.1)
Weighted average shares used in calculating basic net income (loss) per share (in Shares) 57,127,524 56,333,003 49,458,266
Weighted average shares used in calculating diluted net income (loss) per share (in Shares) 57,127,524 56,333,003 49,458,266
Educational programs and services      
NET REVENUES      
Total net revenues $ 7,468 $ 9,163 $ 14,840
HybriU licensing      
NET REVENUES      
Total net revenues 1,924
Selling and Marketing      
Share-based compensation expense from continuing operations included in:      
Share based compensation
General and Administrative      
Share-based compensation expense from continuing operations included in:      
Share based compensation 1,083
Research and Development      
Share-based compensation expense from continuing operations included in:      
Share based compensation
ADS      
OTHER COMPREHENSIVE LOSS, NET OF TAX      
Basic (loss) income from continuing operations per share (in Dollars per share) $ 0.108 $ (1.2) $ (3.8)
Diluted (loss) income from continuing operations per share (in Dollars per share) 0.108 (1.2) (3.8)
Basic loss from discontinued operations per share (in Dollars per share) (2)
Diluted loss from discontinued operations per share (in Dollars per share) $ (2)