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Unaudited Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities:    
Net loss $ (1,435) $ (1,115)
Adjustments to reconcile net income/(loss) to net cash generated from operating activities:    
Depreciation and amortization 1,781 1,674
Realized gain on exchange of digital assets (256) (34)
Equity income on equity method investments (25) (1)
Share-based compensation expenses 571 138
(Increase)/decrease in accounts receivable 5,044 3,417
(Increase)/decrease in prepayments and other current assets (2,270) 1,531
Change of Digital assets (123) 51
Increase in accrued expenses and other payables   50
Decrease in accounts payable (38) (3,300)
Increase in deferred revenue 420
Net cash flow generated from operating activities 3,669 2,411
Cash flows from investing activities:    
Purchases of property and equipment (4,025) (1,827)
Repayment of advances from related parties (647)
Advances from related parties 390
Net cash generated from/(used in) investing activities (4,282) (1,827)
Cash flows from financing activities:    
Proceeds from Short term loans 721
Repayment of Short term loans (336) (417)
Proceeds from issuance of ordinary shares for private placement 472
Net cash generated from/(used in) financing activities 857 (417)
Net increase/(decrease) in cash and cash equivalents and restricted cash 244 167
Cash and cash equivalents and restricted cash at the beginning of the period 43 48
Cash and cash equivalents and restricted cash at the end of the period 287 215
Supplemental disclosure of cash flow information:    
Interest paid $ 15 $ 50