v3.23.1

INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2022

INCOME TAXES

Schedule of income tax expenses

​

​	​	​	​	​	​	​	​	​	​
​	​	For the years ended December 31,
​		2020			2021			2022
Income tax expenses (benefits):		​			​			​
Current	​	$	830	​	$	284	​	$	17
Deferred	​	​	—	​	​	—	​	​	—
Income tax benefit due to reverse of UTP	​		(11,065)	​		—	​		—
​	​	$	(10,235)	​	$	284	​	$	17

​

Schedule of reconciliation between the provision for income taxes computed by applying the PRC EIT rate of 25% to income before income taxes and the actual provision of income taxes

Reconciliation between the provision for income taxes computed by applying the PRC EIT rate of 25% to income before income taxes and the actual provision of income taxes is as follows:

​	​	​	​	​	​	​	​	​	​	​
​	​	For the years ended December 31,
​		2020			2021			2022
​	​	​	​	​	​	​	​	​	​	​
Net loss before provision for income taxes	​	$	(3,787)	​	$	(17,503)	​	$	(12,294)	​
PRC statutory tax rate	​		25	%		25	%		25	%
Income tax at statutory tax rate	​		(947)	​		(4,376)	​		(3,074)	​
​	​			​			​		​	​
Expenses not deductible for tax purpose	​			​			​		​	​
Entertainment expenses exceeded the tax limit	​		48	​		42	​		28	​
Tax effect of impairment loss on property and equipment and intangible assets	​		—	​		—	​		668	​
Tax effect of unrealized net operating loss	​	​	4,481	​	​	5,575	​	​	7,780	​
Tax effect of other permanent differences	​		19	​		—	​		—	​
Non-taxable gain from subsidiaries disposal	​	​	(14,323)	​	​	—	​	​	—	​
Effect of income tax benefit due to reverse of UTP	​	​	(11,065)	​	​	—	​	​	—	​
Changes in valuation allowance	​		10,282	​		(763)	​		(4,326)	​
Effect of preferential tax rates granted to PRC entities	​		1,599	​		121	​		—	​
Effect of income tax rate change	​	​	(396)	​	​	(391)	​	​	(1,026)	​
Effect of income tax rate difference in other jurisdictions	​		67	​		76	​		(33)	​
Income tax (benefits) expenses	​	$	(10,235)	​	$	284	​	$	17	​
Effective tax rates	​		270.3	%		(1.6)	%		(0.1)	%

​

Schedule of deferred income tax assets and liabilities

​

​	​	​	​	​	​	​
​	​	As of December 31,
​		2021			2022
Deferred tax assets:		​			​
Allowance for doubtful accounts	​	$	10,456	​	$	10,391
Amortization of intangible assets	​		589	​		141
Net operating loss carry forwards	​		44,878	​		57,172
Excess marketing and advertising expense (15%)	​		42	​		28
Impairment on equipment	​		—	​		668
Recognized cost of non-deductible VAT-input that generated in prior years	​	​	521	​	​	28
Total deferred tax assets	​		56,486	​		68,427
Valuation allowance	​		(56,486)	​		(68,427)
Total deferred tax assets, net	​	$	—	​	$	—

​

X

- References

No definition available.

+ Details

Name:	us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
-URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32639-109319

+ Details

Name:	us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 2
-URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32537-109319

+ Details

Name:	us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 12
-URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32687-109319

+ Details

Name:	us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration