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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ 26,440 $ 35,352 $ 48,959
Adjustments to reconcile net income to net cash provided by operating activities:      
(Reversal of allowance) Allowance for doubtful accounts 440 (268) (1,136)
Depreciation and amortization 2,884 2,090 2,910
Amortization of right-of-use assets 454 426 447
Deferred income (benefit) tax expense (53) 713 (181)
Share based compensation for employees   4 5,381
Share based compensation for non-employees 391 181 1,779
Gains on disposal of a subsidiary   (26)
Amortization of loan origination fees 76 104 93
Change in fair value of warrant liability 63 (809) (19,714)
Changes in assets and liabilities      
Accounts receivable (42,105) 19,904 (24,043)
Prepayment and other assets 16,872 (10,681) (19,340)
Unamortized produced content 940 (537) 442
Accounts payable (5,576) 4,750 2,827
Advances from customers (356) (87) (39)
Accrued liabilities and other payables 564 (9,236) 5,177
Other taxes payable 7,346 4,964 5,555
Lease liabilities (641) (389) (376)
Net cash provided by operating activities 7,739 46,455 8,741
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchase of property, plant and equipment (25) (72) (59)
Prepayments for acquisition of intangible assets (7,964) (2,718) (2,722)
Cash disposed for sales of subsidiaries   (12)
(Payments) Return for short term investment   1,751 (1,637)
Net cash used in investing activities (7,989) (1,051) (4,418)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from bank loans 6,096 5,114 6,228
Repayments of bank loans (6,244) (6,818) (724)
Payment of loan origination fees (87) (68) (146)
Contribution from shareholders 743  
Repayments to related Parties   (232)
Cash acquired from the acquisition of TKK   23
Proceeds from equity finance   15,290
Net cash provided by financing activities 508 13,286 5,381
Effect of exchange rate changes (7,078) 881 1,108
Net increase (decrease) in cash and cash equivalents (6,820) 59,571 10,812
Cash and cash equivalents, at beginning of year 77,302 17,731 6,919
Cash and cash equivalents, at end of year 70,482 77,302 17,731
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:      
Interests paid $ 247 $ 336 $ 239