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Note 6 - Due From Related Parties, Net | 6 Months Ended
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Jun. 30, 2019
Notes to Financial Statements |
Due from Related Parties Disclosure [Text Block] |
6. | Due from related parties, net
|  | June 30, 2019 |  | December 31, 2018
|  | US$(’000) |  | US$(’000)
|  | (Unaudited) |  |
An officer of the Company |  |  | - |  |  |  | 200 |
Guohua Shiji (Beijing) Communication Co., Ltd. |  |  | 175 |  |  |  | 201 |
|  |  | 175 |  |  |  | 401 |
Allowance for doubtful accounts |  |  | (175 | ) |  |  | (175 | )
Due from related parties, net |  |  | - |  |  |  | 226 |
Related parties of the Company represented the Company’s direct or indirect unconsolidated investee companies, entities that the Company’s officers or directors can exercise significant influence, as well as an officer of the Company. Due from an officer of the Company as of December 31, 2018 represented a US$0.20 million fund advanced to one of the Company’s officers during the third fiscal quarter of 2018 for the purpose of setting up and providing finance to a proposed business entity in Taiwan. The Company intended to set up and expand its business in Taiwan through establishing the VIE arrangements with this Taiwan entity. This Taiwan entity was incorporated in September 2017 and is wholly-owned by the officer referred above, and has no fund and business activities since incorporation. Based on the fact that there are still legal obstacles to establish the VIE agreements between an entity that is ultimately controlled by the PRC citizens with an entity duly organized under the law of Taiwan, the Company terminated the plan, and the US$0.2 million fund advanced was fully returned to the Company in April 2019. As of June 30, 2019 and December 31, 2018, due from related parties also included a short-term working capital loan to Guohua Shiji (Beijing) Communication Co., Ltd. (“Guohua Shiji”). As of December 31, 2018, the outstanding amount of the loan was RMB1.38 million (approximately US$0.20 million), of which RMB0.18 million (approximately US$0.03 million) was collected by the Company during the first fiscal quarter of 2019, and the Company had provided full allowance to against the remaining amount of this loan as of June 30, 2019 and December 31, 2018, as the business activities of Guohua Shiji had significantly declined in recent years.

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