ZW Data Action (CNET) 10-Q 17 Aug 18 2018 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2018	Aug. 17, 2018
Document Information [Line Items]
Entity Registrant Name	ChinaNet Online Holdings, Inc.
Entity Central Index Key	1,376,321
Trading Symbol	cnet
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Common Stock, Shares Outstanding (in shares)		16,132,543
Document Type	10-Q
Document Period End Date	Jun. 30, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q2
Amendment Flag	false

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) ¥ in Thousands, $ in Thousands		Jun. 30, 2018USD ($)		Dec. 31, 2017USD ($)
Current assets:
Cash and cash equivalents		$ 5,086		$ 2,952
Accounts receivable, net		6,600		7,215
Other receivables, net		165		2,646
Prepayment and deposit to suppliers		2,579		4,073
Due from related parties, net				14
Total current assets		14,430		16,900
Long-term investments		453		918
Property and equipment, net		213		299
Intangible assets, net		1,628		3,808
Prepayment for blockchain and other software applications development		3,738
Goodwill				5,277
Deferred tax assets, net		677		1,358
Total Assets		21,139		28,560
Current liabilities:
Short-term bank loan *	[1]	756		765
Accounts payable *	[1]	1,465		2,851
Advances from customers *	[1]	1,399		3,559
Accrued payroll and other accruals *	[1]	401		559
Payable for acquisition of noncontrolling interest *		756
Due to investors related to terminated security purchase agreements				938
Payable for purchasing of software technology *			[1]	436
Taxes payable *	[1]	3,054		3,168
Other payables *	[1]	145		687
Total current liabilities		7,976		12,963
Long-term liabilities:
Long-term borrowing from a director		132		134
Warrant liabilities		1,327
Total Liabilities		9,435		13,097
Commitments and contingencies
Equity:
Common stock (US$0.001 par value; authorized 50,000,000 shares; issued and outstanding 16,132,543 shares and 13,982,542 shares at June 30, 2018 and December 31, 2017, respectively)		16		14
Additional paid-in capital		37,853		31,554
Statutory reserves		2,607		2,607
Accumulated deficit		(30,556)		(20,487)
Accumulated other comprehensive income		1,786		1,598
Total ChinaNet Online Holdings, Inc.’s stockholders’ equity		11,706		15,286
Noncontrolling interests		(2)		177
Total equity		11,704		15,463
Total Liabilities and Equity		$ 21,139		$ 28,560
[1]	All of the VIEs' assets can be used to settle obligations of their primary beneficiary. Liabilities recognized as a result of consolidating these VIEs do not represent additional claims on the Company's general assets (Note 2).

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - $ / shares	Jun. 30, 2018	Dec. 31, 2017
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized (in shares)	50,000,000	50,000,000
Common stock, shares issued (in shares)	16,132,543	13,982,542
Common stock, shares outstanding (in shares)	16,132,543	13,982,542

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Revenues
Revenues	$ 22,520,000	$ 10,500,000	$ 30,780,000	$ 17,764,000
Cost of revenues	21,552,000	8,800,000	29,211,000	14,792,000
Gross profit	968,000	1,700,000	1,569,000	2,972,000
Operating expenses
Sales and marketing expenses	280,000	825,000	844,000	1,659,000
General and administrative expenses	1,478,000	992,000	2,867,000	2,084,000
Research and development expenses	240,000	305,000	433,000	700,000
Impairment on intangible assets	1,878,000		1,878,000
Impairment on goodwill	5,412,000		5,412,000
Total operating expenses	9,288,000	2,122,000	11,434,000	4,443,000
Loss from operations	(8,320,000)	(422,000)	(9,865,000)	(1,471,000)
Other income (expenses)
Impairment on long-term investments			(471,000)
Interest expense, net	(9,000)	(19,000)	(19,000)	(36,000)
Other expenses	(6,000)	(203,000)	(28,000)	(206,000)
Change in fair value of warrant liabilities	(526,000)		948,000
Total other income/(expenses)	(541,000)	(222,000)	430,000	(242,000)
Loss before income tax expense and noncontrolling interests	(8,861,000)	(644,000)	(9,435,000)	(1,713,000)
Income tax expense	(693,000)	(113,000)	(689,000)	(113,000)
Net loss	(9,554,000)	(757,000)	(10,124,000)	(1,826,000)
Net loss/(income) attributable to noncontrolling interests	50,000	(32,000)	55,000	(50,000)
Net loss attributable to ChinaNet Online Holdings, Inc.	(9,504,000)	(789,000)	(10,069,000)	(1,876,000)
Net (loss)/income	(9,554,000)	(757,000)	(10,124,000)	(1,826,000)
Foreign currency translation gain/(loss)	(280,000)	326,000	194,000	432,000
Comprehensive loss	(9,834,000)	(431,000)	(9,930,000)	(1,394,000)
Comprehensive loss/(income) attributable to noncontrolling interests	52,000	(34,000)	49,000	(15,000)
Comprehensive loss attributable to ChinaNet Online Holdings, Inc.	$ (9,782,000)	$ (465,000)	$ (9,881,000)	$ (1,409,000)
Loss per share
Basic and diluted (in dollars per share)	$ (0.60)	$ (0.07)	$ (0.64)	$ (0.16)
Weighted average number of common shares outstanding:
Basic and diluted (in shares)	15,866,305	11,999,304	15,676,249	11,990,950
Unrelated Parties [Member]
Revenues
Revenues	$ 22,520,000	$ 10,417,000	$ 30,780,000	$ 17,662,000
Related Parties [Member]
Revenues
Revenues		$ 83,000		$ 102,000

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Cash flows from operating activities
Net (loss)/income	$ (10,124,000)	$ (1,826,000)
Adjustments to reconcile net loss to net cash used in operating activities
Depreciation and amortization	427,000	707,000
Share-based compensation expenses	151,000	348,000
Provision for allowances for doubtful accounts	794,000	(29,000)
Impairment on long-term investments	471,000
Impairment on intangible assets	1,878,000
Impairment on goodwill	5,412,000
Change in fair value of warrant liabilities	(948,000)
Deferred taxes	689,000	113,000
Changes in operating assets and liabilities
Accounts receivable	(257,000)	(1,666,000)
Other receivables	(16,000)	(19,000)
Prepayment and deposit to suppliers	1,504,000	136,000
Due from related parties	23,000	(10,000)
Accounts payable	(1,402,000)	24,000
Advances from customers	(2,197,000)	1,050,000
Accrued payroll and other accruals	154,000	225,000
Other payables	(495,000)	86,000
Taxes payable	(77,000)	38,000
Net cash used in operating activities	(4,321,000)	(1,273,000)
Cash flows from investing activities
Purchase of office equipment	(6,000)	(2,000)
Short-term loan to unrelated parties	(2,111,000)
Repayment of short-term loan from unrelated parties	4,668,000
Payment for acquisition of noncontrolling interest	(1,177,000)
Prepayment for blockchain and other software applications development	(3,752,000)
Purchase of software technology	(447,000)
Net cash used in investing activities	(2,825,000)	(2,000)
Cash flows from financing activities
Proceeds from issuance of common stock and warrant (net of cash issuance cost of US$809)	10,263,000
Repayment to investors related to terminated security purchase agreements	(957,000)
Net cash provided by financing activities	9,306,000
Effect of exchange rate fluctuation on cash and cash equivalents	(26,000)	56,000
Net increase/(decrease) in cash and cash equivalents	2,134,000	(1,219,000)
Cash and cash equivalents at beginning of the period	2,952,000	3,035,000
Cash and cash equivalents at end of the period	5,086,000	1,816,000
Supplemental disclosure of cash flow information
Income tax paid
Interest expense paid	130,000	19,000
Non-cash transaction disclosure
Payable for acquisition of noncontrolling interest	$ 756,000

Note 1 - Organization and Natur

Note 1 - Organization and Nature of Operations	6 Months Ended
	Jun. 30, 2018
Notes to Financial Statements
Nature of Operations [Text Block]	1. Organization and nature of operations ChinaNet Online Holdings, Inc. (the “Company”) was incorporated in the State of Texas in April 2006 October 2006. June 26, 2009, O2O January 2018, As of June 30, 2018, 10 December 31, 2017, “2017 10 April 16, 2018. On January 17, 2018, 2,150,001 $5.15 645,000 $6.60 30 $11.1 20 In May 2018, three RMB10 US$1.5 51%

Note 2 - Variable Interest Enti

Note 2 - Variable Interest Entities	6 Months Ended
	Jun. 30, 2018
Notes to Financial Statements
Variable Interest Entities Disclosure [Text Block]	2. Variable interest entities Summarized below is the information related to the VIEs’ assets and liabilities reported in the Company’s condensed consolidated balance sheets as of June 30, 2018 December 31, 2017, June 30, December 31, 2017 US$(’000) US$(’000) (Unaudited) Assets Current assets: Cash and cash equivalents $ 1,130 $ 2,904 Accounts receivable, net 6,600 7,215 Other receivables, net 47 2,629 Prepayment and deposit to suppliers 2,392 4,009 Due from related parties, net - 14 Total current assets 10,169 16,771 Property and equipment, net 123 177 Intangible assets, net 52 2,112 Goodwill - 5,277 Deferred tax assets, net 609 975 Total Assets $ 10,953 $ 25,312 Liabilities Current liabilities: Short-term bank loan $ 756 $ 765 Accounts payable 1,464 2,848 Advances from customers 1,398 3,559 Accrued payroll and other accruals 178 159 Due to Control Group 11 11 Payable for acquisition of noncontrolling interest 756 - Payable for purchasing of software technology - 436 Taxes payable 2,603 2,711 Other payables 84 155 Total current liabilities 7,250 10,644 Total Liabilities $ 7,250 $ 10,644 All of the VIEs' assets can be used to settle obligations of their primary beneficiary. Liabilities recognized as a result of consolidating these VIEs do not 21 23. Summarized below is the information related to the financial performance of the VIEs reported in the Company’s condensed consolidated statements of operations and comprehensive loss for the six three June 30, 2018 2017, Six Months Ended June 30, 2018 2017 US$(’000) US$(’000) (Unaudited) (Unaudited) Revenues 30,773 17,733 Cost of revenues (29,211 ) (14,792 ) Total operating expenses (10,025 ) (3,159 ) Net loss before allocation to noncontrolling interests (8,861 ) (516 ) Three Months Ended June 30, 2018 2017 US$(’000) US$(’000) (Unaudited) (Unaudited) Revenues 22,520 10,469 Cost of revenues (21,552 ) (8,800 ) Total operating expenses (8,763 ) (1,526 ) Net loss before allocation to noncontrolling interests (8,183 ) (163 )

Note 3 - Summary of Significant

Note 3 - Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2018
Notes to Financial Statements
Significant Accounting Policies [Text Block]	3. Summary of significant accounting policies a) Basis of presentation The unaudited condensed consolidated interim financial statements are prepared and presented in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). The unaudited condensed consolidated interim financial information as of June 30, 2018 six three June 30, 2018 2017 2017 10 In the opinion of management, all adjustments (which include normal recurring adjustments) necessary to present a fair statement of the Company’s condensed consolidated financial position as of June 30, 2018, six three June 30, 2018 2017, six June 30, 2018 2017, not b) Principles of consolidation The condensed consolidated interim financial statements include the financial statements of all the subsidiaries and VIEs of the Company. All accounts and balances between the Company and its subsidiaries and VIEs have been eliminated upon consolidation. c) Use of estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the related disclosure of contingent assets and liabilities at the date of these condensed consolidated financial statements, and the reported amounts of revenue and expenses during the reporting period. The Company continually evaluates these estimates and assumptions based on the most recently available information, historical experience and various other assumptions that the Company believes to be reasonable under the circumstances. Since the use of estimates is an integral component of the financial reporting process, actual results could differ from those estimates. d) Foreign currency translation The exchange rates used to translate amounts in RMB into US$ for the purposes of preparing the condensed consolidated financial statements are as follows: June 30, 2018 December 31, 2017 Balance sheet items, except for equity accounts 6.6166 6.5342 Six Months Ended June 30, 2018 2017 Items in the statements of operations and comprehensive loss, and statements of cash flows 6.3711 6.8697 Three Months Ended June 30, 2018 2017 Items in the statements of operations and comprehensive loss, and statements of cash flows 6.3789 6.8536 No e) Advertising costs Advertising costs for the Company’s own brand building are not six June 30, 2018 2017, US$411,000 US$1,103,000, three June 30, 2018 2017, US$22,000 US$593,000, f) Research and development expenses The Company accounts for the cost of developing and upgrading technologies and platforms and intellectual property that are used in its daily operations in research and development cost. Research and development costs are charged to expense when incurred. Expenses for research and development for the six June 30, 2018 2017 US$433,000 US$700,000, three June 30, 2018 2017 US$240,000 US$305,000, g) Revenue recognition On January 1, 2018, 606, January 1, 2018. In accordance with ASC Topic 606, five 1 2 3 4 5 The Company’s contracts with customers do not The Company does not 606 Online advertising placement service/TV advertising service For online advertising placement service contracts and TV advertising service contracts that are established based on a fixed price scheme with the related advertisement placements obligation, the Company provides advertisement placements in specified locations on the Company’s advertising portals for agreed periods and/or place the advertisements onto the Company’s purchased advertisement time during specific TV programs for agreed periods. Revenue is recognized ratably over the period the advertising is provided and, as such, the Company considers the services to have been delivered (“over time”). Sales of effective sales lead information For advertising contracts related to purchase of effective sales lead information, revenue is recognized based on a fixed price per sales lead and the quantity of effective sales lead, when information is delivered and accepted by customers (“point in time”). Search engine marketing and data service Revenue from search engine marketing and data services is recognized on a monthly basis based on the direct cost consumed through search engines for providing such services with a premium (“over time”). The Company recognizes the revenue on a gross basis, because the Company determines that it is a principle in the transaction who control the goods or services before they are transferred to the customers. All of the Company’s revenues are generated from the PRC. The following tables present the Company’s revenues disaggregated by products and services and timing of revenue recognition: Six Months Ended June 30 Three Months Ended June 30, 2018 2017 2018 2017 US$(’000) US$(’000) US$(’000) US$(’000) (Unaudited) (Unaudited) (Unaudited) (Unaudited) Internet advertising and data service --online advertising placement 4,551 3,933 2,954 2,031 --sales of effective sales lead information 283 813 161 423 Search engine marketing and data service 25,848 12,987 19,405 8,015 TV advertising service 91 - - - Others 7 31 - 31 Total revenues 30,780 17,764 22,520 10,500 Six Months Ended June 30 Three Months Ended June 30, 2018 2017 2018 2017 US$(’000) US$(’000) US$(’000) US$(’000) (Unaudited) (Unaudited) (Unaudited) (Unaudited) Revenue recognized over time 30,497 16,951 22,359 10,077 Revenue recognized at a point in time 283 813 161 423 Total revenues 30,780 17,764 22,520 10,500 Contract costs For the six three June 30, 2018, not 606, Contract balances The Company evaluates overall economic conditions, its working capital status and customer specific credit and negotiates the payment terms of a contract with individual customer on a case by case basis in its normal course of business. Advances received from customers related to unsatisfied performance obligations are recoded as contract liabilities (advance from customers), which will be realized as revenues upon the satisfaction of performance obligations through the transfer of related promised goods and services to customers. For contracts without a full or any advance payments required, the Company bills the customers any unpaid contract price immediately upon satisfaction of the related performance obligations when revenue is recognized, and the Company normally receives payment from customers within 90 The Company does not not The Company’s contract liabilities consist of advance from customers related to unsatisfied performance obligations in relation to internet adverting service, search engine marketing service, as well as TV advertising service. The Company’s contract liabilities are reported in a net position on a customer-by-customer basis at the end of each reporting period. All contract liabilities are expected to be recognized as revenue within one six June 30, 2018: Advance from customers US$(’000) Balance as of January 1, 2018 3,559 Revenue recognized from beginning contract liability balance (3,248 ) Advances received from customers related to unsatisfied performance obligations 1,132 Exchange translation adjustment (44 ) Balance as of June 30, 2018 (Unaudited) 1,399 For the six three June 30, 2018, no Transaction price allocated to remaining performance obligation The Company has elected to apply the practical expedient in paragraph ASC Topic 606 10 50 14 not June 30, 2018, one h) Fair value measurement Liabilities measured at fair value on a recurring basis by level within the fair value hierarchy as of June 30, 2018 Fair value measurement at reporting date using As of Quoted Prices Significant Significant US$(’000) US$(’000) US$(’000) US$(’000) Warrant liabilities (Note 20) 1,327 - - 1,327 The fair value of goodwill was determined using income approach (Note 12 3 June 30, 2018: Valuation technique(s) Unobservable inputs Value of inputs Goodwill Discounted Cash Flow Base projection period (years) 5 Discount rate 20% Terminal growth rate 3.5% i) Impact of recently issued accounting pronouncements In February 2016, No. 2016 02, 842 12 not December 15, 2018, first 2019 no No. 2016 02 2018. In February 2018, 2018 02: 220 not December 15, 2018, In June 2018, 2018 07: 718 718 718 718 718 not 1 2 606, December 15, 2018, December 15, 2019, December 15, 2020. no 606. not not not

Note 4 - Accounts Receivable, N

Note 4 - Accounts Receivable, Net	6 Months Ended
	Jun. 30, 2018
Notes to Financial Statements
Accounts Receivable Disclosure [Text Block]	4. Accounts receivable, net June 30, December 31, US$(’000) US$(’000) (Unaudited) Accounts receivable 10,131 10,008 Allowance for doubtful accounts (3,531 ) (2,793 ) Accounts receivable, net 6,600 7,215 All of the accounts receivable are non-interest bearing. Based on the assessment of the collectability of the accounts receivable as of June 30, 2018 December 31, 2017, US$3,531,000 US$2,793,000 six six six three June 30, 2018, US$0.80 US$0.33 six three June 30, 2017, no

Note 5 - Other Receivables, Net

Note 5 - Other Receivables, Net	6 Months Ended
	Jun. 30, 2018
Notes to Financial Statements
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	5. Other receivables, net Other receivables as of June 30, 2018 RMB0.70 US$0.11 RMB0.50 US$0.08 June 1, 2018 August 31, 2018, RMB0.20 US$0.03 June 25, 2018 August 24, 2018. 12% Other receivables as of December 31, 2017 first 2018. As of June 30, 2018 December 31, 2017, RMB5.8 US$0.9 no June 30, 2018 December 31, 2017, For the six three June 30, 2018, no six June 30, 2017, US$0.03 three June 30, 2017, no

Note 6 - Prepayments and Deposi

Note 6 - Prepayments and Deposit to Suppliers	6 Months Ended
	Jun. 30, 2018
Notes to Financial Statements
Prepayments and Deposits to Suppliers Disclosure [Text Block]	6. Prepayments and deposit to suppliers June 30, December 31, US$(’000) US$(’000) (Unaudited) Deposits to internet and TV resources providers 1,579 1,870 Prepayments to internet and TV resources providers 769 1,331 Deposits to other services providers - 765 Other deposits and prepayments 231 107 2,579 4,073

Note 7 - Due From Related Parti

Note 7 - Due From Related Parties, Net	6 Months Ended
	Jun. 30, 2018
Notes to Financial Statements
Due from Related Parties Disclosure [Text Block]	7. Due from related parties, net June 30, December 31, US$(’000) US$(’000) (Unaudited) Chuangshi Meiwei (Beijing) International Investment Management Co., Ltd. 151 156 Guohua Shiji (Beijing) Communication Co., Ltd. 209 184 Beijing Saimeiwei Food Equipment Technology Co., Ltd. - 33 ChinaNet Chuang Tou (Shenzhen) Co., Ltd. - 14 360 387 Allowance for doubtful accounts (360 ) (373 ) Due from related parties, net - 14 The above related parties of the Company represented the Company’s direct or indirect unconsolidated investee companies. As of June 30, 2018 December 31, 2017, RMB2.38 US$0.36 RMB2.2 US$0.34 one As of December 31, 2017, 9 2017 10 For the six three June 30, 2018, US$0.01 US$0.02 six three June 30, 2017, no

Note 8 - Long-term Investments

Note 8 - Long-term Investments	6 Months Ended
	Jun. 30, 2018
Notes to Financial Statements
Equity Method Investments and Joint Ventures Disclosure [Text Block]	8. Long-term investments June 30, December 31, US$(’000) US$(’000) (Unaudited) Equity method investments: Investment in equity method investees 744 753 Advance to equity method investees 79 80 Impairment on equity method investments (823 ) (833 ) Total equity method investments - - Cost method investments: Investment in cost method investees 1,111 1,125 Impairment on cost method investments (658 ) (207 ) Total cost method investments 453 918 Total long-term investments 453 918 Equity method investments As of June 30, 2018 December 31, 2017, 23.18% 25.5% 2015, two zero December 31, 2015. Cost method investments As of June 30, 2018 December 31, 2017, 19% 10% 15% 2016 01 not As of December 31, 2017, six June 30, 2018: ChinaNet Chuang Tou US$(’000) Balance as of January 1, 2018 918 Impairment on cost method investments (453 ) Exchange translation adjustment (12 ) Balance as of June 30, 2018 (Unaudited) 453 The shareholders of ChinaNet Chuang Tou have decided to terminate the operation of this investee company within 2018. US$0.47 six June 30, 2018, not August 2018, RMB3.0 US$0.45

Note 9 - Property and Equipment

Note 9 - Property and Equipment, Net	6 Months Ended
	Jun. 30, 2018
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	9. Property and equipment, net June 30, December 31, US$(’000) US$(’000) (Unaudited) Leasehold improvement 333 337 Vehicles 800 810 Office equipment 1,398 1,410 Electronic devices 1,149 1,164 Property and equipment, cost 3,680 3,721 Less: accumulated depreciation (3,305 ) (3,258 ) Less: impairment loss on idle fixed assets (162 ) (164 ) Property and equipment, net 213 299 Depreciation expenses in the aggregate for the six June 30, 2018 2017 US$91,000 US$100,000, three June 30, 2018 2017 US$43,000 US$49,000,

Note 10 - Intangible Assets, Ne

Note 10 - Intangible Assets, Net	6 Months Ended
	Jun. 30, 2018
Notes to Financial Statements
Intangible Assets Disclosure [Text Block]	10. Intangible assets, net As of June 30, 2018 (Unaudited) Items Gross Accumulated Impairment Net US$(’000) US$(’000) US$(’000) US$(’000) Intangible assets not subject to amortization: Domain name 1,460 - (1,460 ) - Intangible assets subject to amortization: Customer relationship 2,013 (2,013 ) - - Non-compete agreements 1,108 (602 ) (506 ) - Software technologies 310 (310 ) - - Cloud compute software technology 1,403 (921 ) (430 ) 52 Intelligent marketing data service platform 4,880 (1,977 ) (2,903 ) - Internet safety, information exchange security and data encryption software 1,965 (393 ) - 1,572 Cloud video management system 1,436 (356 ) (1,080 ) - Other computer software 118 (114 ) - 4 Total $ 14,693 $ (6,686 ) $ (6,379 ) $ 1,628 As of December 31, 2017 Items Gross Accumulated Impairment Net US$(’000) US$(’000) US$(’000) US$(’000) Intangible assets not subject to amortization: Domain name 1,478 - (1,478 ) - Intangible assets subject to amortization: Customer relationship 2,038 (2,038 ) - - Non-compete agreements 1,122 (610 ) (512 ) - Software technologies 314 (314 ) - - Cloud compute software technology 1,420 (923 ) (435 ) 62 Intelligent marketing data service platform 4,942 (1,853 ) (1,600 ) 1,489 Internet safety, information exchange security and data encryption software 1,990 (299 ) - 1,691 Cloud video management system 1,454 (291 ) (602 ) 561 Other computer software 120 (115 ) - 5 Total $ 14,878 $ (6,443 ) $ (4,627 ) $ 3,808 Amortization expenses in aggregate for the six June 30, 2018 2017 US$336,000 US$607,000, three June 30, 2018 2017 US$168,000 US$304,000, Due to shifting business development strategy focus to blockchain related technology and applications, for the six three June 30, 2018, US$1.88 not Based on the adjusted carrying value of the finite-lived intangible assets after the deduction of the impairment losses, which has a weighted average remaining useful life of 7.83 June 30, 2018, no US$108,000 six December 31, 2018, US$215,000 December 31, 2019 2020, US$206,000 December 31, 2021 US$196,000 December 31, 2022.

Note 11 - Prepayment for Blockc

Note 11 - Prepayment for Blockchain and Other Software Applications Development	6 Months Ended
	Jun. 30, 2018
Notes to Financial Statements
Research, Development, and Computer Software Disclosure [Text Block]	11. Prepayment for blockchain and other software applications development In February 2018, US$4.5 June 30, 2018, US$3.38 December 2018, June 2019. In March 2018, RMB3.0 US$0.45 June 30, 2018, RMB2.4 US$0.36 October 2018, December 2018.

Note 12 - Goodwill

Note 12 - Goodwill	6 Months Ended
	Jun. 30, 2018
Notes to Financial Statements
Goodwill Disclosure [Text Block]	12. Goodwill Amount US$(’000) Balance as of January 1, 2018 5,277 Impairment on goodwill (5,211 ) Exchange translation adjustment (66 ) Balance as of June 30, 2018 (unaudited) - The Company’s goodwill was attributable to its internet advertising and data service reporting unit. The Company performed goodwill impairment test as of June 30, 2018 3 2017 04, January 1, 2018, US$5.41 six three June 30, 2018.

Note 13 - Short-term Bank Loan

Note 13 - Short-term Bank Loan	6 Months Ended
	Jun. 30, 2018
Notes to Financial Statements
Short-term Debt [Text Block]	13. Short-term bank loan Short-term bank loan as of June 30, 2018 December 31, 2017 RMB5.0 US$0.8 one RMB3.0 US$0.5 August 16, 2017 August 15, 2018, RMB2.0 US$0.3 October 23, 2017 October 22, 2018. On July 13, 2018, RMB3.0 US$0.5 January 12, 2019. The interest rate of these short-term bank loans was 5.655% June 30, 2018 December 31, 2017, 30%

Note 14 - Accrued Payroll and O

Note 14 - Accrued Payroll and Other Accruals	6 Months Ended
	Jun. 30, 2018
Notes to Financial Statements
Accounts Payable and Accrued Liabilities Disclosure [Text Block]	14. Accrued payroll and other accruals June 30, December 31, US$(’000) US$(’000) (Unaudited) Accrued payroll and staff welfare 239 203 Accrued operating expenses 162 356 401 559

Note 15 - Payable For Acquisiti

Note 15 - Payable For Acquisition of Noncontrolling Interest	6 Months Ended
	Jun. 30, 2018
Notes to Financial Statements
Noncontrolling Interest Disclosure [Text Block]	15. Payable for acquisition of noncontrolling interest In March 2018, 49% RMB15 US$2.3 50% 50% June 30, 2018, RMB7.5 US$1.1 In May 2018, 49% 49% In early July 2018, two RMB15 RMB12.5 RMB5.0 US$0.76 RMB3.5 US$0.53 July 31, 2018 RMB1.5 US$0.23 August 31, 2018. The Company accounted for this transaction as an equity transaction with no

Note 16 - Due to New Investors

Note 16 - Due to New Investors Related to Terminated Security Purchase Agreements	6 Months Ended
	Jun. 30, 2018
Notes to Financial Statements
Guarantee Payment and Prepayment from New Investors [Text Block]	16. Due to new investors related to terminated security purchase agreements In May 2015, December 31, 2017, 10% 15% US$819,000 10% US$119,000 Due to certain restriction stipulated in the “Measures for Overseas Investment Management” issued by the Ministry of Commerce of the PRC (the “MOFCOM”), the Company and its investors experienced difficulties in obtaining approval for the transactions from the MOFCOM. As a result, on May 12, 2016, two not 2016 2017. January 1, 2017, 12% no December 31, 2017. As of June 30, 2018, December 31, 2017. not 2018.

Note 17 - Payable for Purchasin

Note 17 - Payable for Purchasing of Software Technology	6 Months Ended
	Jun. 30, 2018
Notes to Financial Statements
Accounts Payable and Accrued Liabilities for Software Disclosure [Text Block]	17. Payable for purchasing of software technology As of December 31, 2017, RMB2.85 US$0.4 fourth 2016. March 2018.

Note 18 - Taxation

Note 18 - Taxation	6 Months Ended
	Jun. 30, 2018
Notes to Financial Statements
Income Tax Disclosure [Text Block]	18. Taxation 1 Income tax The entities within the Company file separate tax returns in the respective tax jurisdictions in which they operate. i). a. On December 22, 2017, not 35% 21% 2018, one December 31, 2017. i). b. The Company is incorporated in the state of Nevada. Under the current law of Nevada, the Company is not not No no six three June 30, 2018, not i). c. On December 22, 2017, No. 118 118” 118 not one 740 118, 740 i). d. As disclosed in Note 17 2017 10 no one December 31, 2017. January 1, 2018, 50 no six three June 30, 2018. not not not 2018 may no fourth 2018. ii). China Net BVI was incorporated in the British Virgin Islands (“BVI”). Under the current law of the BVI, China Net BVI is not no iii). China Net HK was incorporated in Hong Kong and does not No no six three June 30, 2018 no iv). The Company’s PRC operating subsidiaries and VIEs, being incorporated in the PRC, are governed by the income tax law of the PRC and is subject to PRC enterprise income tax (“EIT”). The EIT rate of PRC is 25%, l In November 2015, 15% November 2018. six three June 30, 2018 2017, 15%. l The applicable income tax rate for other PRC operating entities of the Company was 25% six three June 30, 2018 2017. l The current EIT law also imposed a 10% 5% For the six three June 30, 2018 2017, not 2 Turnover taxes and the relevant surcharges Service revenues provided by the Company’s PRC operating subsidiaries and VIEs were subject to Value Added Tax (“VAT”). VAT rate for provision of modern services (other than lease of corporeal movables) is 6% 3%. six three June 30, 2018 2017, 6%, 3% 12% 14% As of June 30, 2018 December 31, 2017, June 30, December 31, US$(’000) US$(’000) (Unaudited) Turnover tax and surcharge payable 1,205 1,295 Enterprise income tax payable 1,849 1,873 Total taxes payable 3,054 3,168 Reconciliations of the income tax benefit determined at the U.S. federal corporate income tax rate to the Company’s effective income tax expense for each of the period presented are as follows: Six Months Ended June 30, Three Months Ended June 30, 2018 2017 2018 2017 US$(’000) US$(’000) US$(’000) US$(’000) (Unaudited) (Unaudited) (Unaudited) (Unaudited) Pre-tax loss (9,435 ) (1,713 ) (8,861 ) (644 ) U.S. federal rate 21 % 35 % 21 % 35 % Income tax benefit computed at U.S. federal rate 1,981 600 1,861 225 Reconciling items: Rate differential for PRC earnings 398 (135 ) 324 (42 ) Preferential tax treatment effect (107 ) 26 (55 ) 42 Tax effect on non-taxable change in fair value of warrant liabilities 199 - (111 ) - Tax effect on non-deductible impairment on goodwill (1,353 ) - (1,353 ) - Valuation allowance on deferred tax assets (1,167 ) (622 ) (1,311 ) (350 ) Expired tax attribute carryforwards (556) - - - Others (84 ) 18 (48 ) 12 Effective income tax expense (689 ) (113 ) (693 ) (113 ) For the six three June 30, 2018 2017, Six Months Ended June 30, Three Months Ended June 30, 2018 2017 2018 2017 US$(’000) US$(’000) US$(’000) US$(’000) (Unaudited) (Unaudited) (Unaudited) (Unaudited) Current-PRC - - - - Deferred-PRC (689 ) (113 ) (693 ) (113 ) Income tax expense (689 ) (113 ) (693 ) (113 ) The Company’s deferred tax assets at June 30, 2018 December 31, 2017 June 30, December 31, US$(’000) US$(’000) (Unaudited) Tax effect of net operating losses carried forward 7,882 7,657 Bad debts provision 1,045 879 Valuation allowance (8,250 ) (7,178 ) Total deferred tax assets, net 677 1,358 The U.S. holding company has incurred aggregate net operating losses (“NOLs”) of approximately US$13,716,660 US$13,275,660 June 30, 2018 December 31, 2017, December 31, 2017 2037. December 31, 2017 no 80% December 31, 2017. not The NOLs carried forward incurred by the Company’s PRC subsidiaries and VIEs were approximately US$23,263,000 US$23,959,000 June 30, 2018 December 31, 2017, 2023. The Company recorded approximately US$8,250,000 US$7,178,000 June 30, 2018 December 31, 2017, not not For the six June 30, 2018 2017, US$1,167,000 US$622,000 three June 30, 2018 2017, US$1,311,000 US$350,000

Note 19 - Long-term Borrowing F

Note 19 - Long-term Borrowing From a Director	6 Months Ended
	Jun. 30, 2018
Notes to Financial Statements
Long-Term Borrowing from Director Disclosure [Text Block]	19. Long-term borrowing from a director Long-term borrowing from a director is a non-interest bearing loan from a director of the Company relating to the original paid-in capital contribution in the Company’s wholly-owned subsidiary Rise King WFOE, which is not one

Note 20 - The Financing and War

Note 20 - The Financing and Warrants Liabilities	6 Months Ended
	Jun. 30, 2018
Notes to Financial Statements
Warrants Disclosure [Text Block]	20. The Financing and warrant liabilities On January 17, 2018 ( 2,150,001 $5.15 645,000 $6.60 30 $11.1 The placement agent of the Financing received (i) a placement fee in the amount equal to 6% 129,000 US$6.60 three not six one The Warrants have an initial exercise price of USS6.60 may The Warrants may not 4.99% may no 9.99% not 61 st Accounting for securities issued in the Financing The Company determined that common stock issued in the Financing should be classified as permanent equity as there was no not The Company analyzed the Warrants issued in the Financing in accordance with ASC Topic 815 815, not not 815, Fair value of the warrants The Company used Binomial model to determine the fair value of the Warrants based on the assumptions summarized as below: Investors warrants Placement agent warrants January 17, March 31, June 30, January 17, March 31, June 30, Stock price $ 3.98 $ 1.67 $ 2.52 $ 3.98 $ 1.67 $ 2.52 Years to maturity 2.5 2.3 2.1 3.0 2.8 2.55 Risk-free interest rate 2.22 % 2.35 % 2.53 % 2.39 % 2.50 % 2.56 % Dividend yield - - - - - - Expected volatility 158 % 164 % 174 % 147 % 152 % 159 % Exercise Price $ 6.60 $ 6.60 $ 6.60 $ 6.60 $ 6.60 $ 6.60 Fair value of the warrant $ 2.93 $ 1.03 $ 1.71 $ 2.99 $ 1.06 $ 1.74 Stock price is the closing bid price of the Company’s common stock at the respective valuation date. Years to maturity is the respective remaining contract life of the warrants. Yield-to-maturities in continuous compounding of the United States Government Bonds with the time-to-maturities same as the respective warrant are adopted as the risk-free rate. Annualized historical stock price volatility of the Company at the respective valuation date is deemed to be appropriate to serve as the expected volatility of the stock price of the Company. The dividend yield is calculated based on management’s estimate of dividends to be paid on the underlying stock. Exercise price of the Warrants is the contractual exercise price of the Warrants. Allocation of gross proceeds from the Financing The Company allocated the total proceeds from the Financing as summarized below: Initial measurement (USD’000) Investor warrants 1,890 Common Stock (par value and additional paid in capital) 9,183 Total proceeds from the Financing 11,073 Investor warrants issued in the Financing was initially measurement at fair value. The residual amount, representing difference between the total proceeds and the fair value of the Investor warrants as of the Closing Date was assigned as the carrying value of the common stock issued in the Financing. Offering costs Offering costs in the amount of approximately US$1.2 US$0.66 US$0.15 US$0.39 Warrant Liabilities The Company accounted for the Warrants issuing in the Financing as derivative liabilities which were measured at fair value with changes in fair value be recorded in earnings in each reporting period. Change in Fair Value (gain)/loss As of As of As of Six Months Ended Three Months Ended Fair value of the Warrants: Investor warrants 1,103 664 1,890 (787 ) 439 Placement agent warrants 224 137 385 (161 ) 87 Warrant liabilities 1,327 801 2,275 (948 ) 526 Warrants issued and outstanding at June 30, 2018 six Warrants Outstanding Warrants Exercisable Number of Weighted Average Number of Weighted Average Balance, January 1, 2018 - - Granted/Vested 774,000 $ 6.60 2.58 645,000 $ 6.60 2.50 Forfeited - - Exercised - - Balance, June 30, 2018 (Unaudited) 774,000 $ 6.60 2.13 645,000 $ 6.60 2.05

Note 21 - Restricted Net Assets

Note 21 - Restricted Net Assets	6 Months Ended
	Jun. 30, 2018
Notes to Financial Statements
Restricted Assets Disclosure [Text Block]	21. Restricted net assets As most of the Company’s operations are conducted through its PRC subsidiaries and VIEs, the Company’s ability to pay dividends is primarily dependent on receiving distributions of funds from its PRC subsidiaries and VIEs. Relevant PRC statutory laws and regulations permit payments of dividends by its PRC subsidiaries and VIEs only out of their retained earnings, if any, as determined in accordance with PRC accounting standards and regulations and after it has met the PRC requirements for appropriation to statutory reserves. Paid in capital of the PRC subsidiaries and VIEs included in the Company’s consolidated net assets are also non-distributable for dividend purposes. In accordance with the PRC regulations on Enterprises with Foreign Investment, a WFOE established in the PRC is required to provide certain statutory reserves, namely general reserve fund, the enterprise expansion fund and staff welfare and bonus fund which are appropriated from net profit as reported in the enterprise’s PRC statutory accounts. A WFOE is required to allocate at least 10% 50% not 10% 50% not As a result of these PRC laws and regulations, the Company’s PRC subsidiaries and VIEs are restricted in their ability to transfer a portion of their net assets to the Company. As of June 30, 2018 December 31, 2017, US$12.0 US$8.3 The current PRC Enterprise Income Tax (“EIT”) Law also imposed a 10% 5% The ability of the Company’s PRC subsidiaries and VIEs to make dividends and other payments to the Company may Foreign currency exchange regulation in China is primarily governed by the following rules: l Foreign Exchange Administration Rules ( 1996 August 2008, l Administration Rules of the Settlement, Sale and Payment of Foreign Exchange ( 1996 Currently, under the Administration Rules, Renminbi is freely convertible for current account items, including the distribution of dividends, interest payments, trade and service related foreign exchange transactions, but not may Although the current Exchange Rules allow the convertibility of Renminbi into foreign currency for current account items, conversion of Renminbi into foreign exchange for capital items, such as foreign direct investment, loans or securities, requires the approval of SAFE, which is under the authority of the People’s Bank of China. These approvals, however, do not not may As of June 30, 2018 December 31, 2017, US$9.2 US$2.6 June 30, 2018 December 31, 2017, may may US$12.0 US$8.3 June 30, 2018 December 31, 2017,

Note 22 - Employee Defined Cont

Note 22 - Employee Defined Contribution Plan	6 Months Ended
	Jun. 30, 2018
Notes to Financial Statements
Pension and Other Postretirement Benefits Disclosure [Text Block]	22. Employee defined contribution plan Full time employees of the Company in the PRC participate in a government mandated defined contribution plan, pursuant to which certain pension benefits, medical care, employee housing fund and other welfare benefits are provided to employees. Chinese labor regulations require that the PRC subsidiaries of the Company make contributions to the government for these benefits based on certain percentages of the employees’ salaries. The employee benefits were expensed as incurred. The Company has no US$183,000 US$226,000 six June 30, 2018 2017, US$95,000 US$97,000 three June 30, 2018 2017,

Note 23 - Concentration of Risk

Note 23 - Concentration of Risk	6 Months Ended
	Jun. 30, 2018
Notes to Financial Statements
Concentration Risk Disclosure [Text Block]	23. Concentration of risk Credit risk Financial instruments that potentially subject the Company to significant concentrations of credit risk consist primarily of cash and cash equivalents, accounts receivable and other receivables. As of June 30, 2018, 43% 57% third Risk arising from operations in foreign countries All of the Company’s operations are conducted within the PRC. The Company’s operations in the PRC are subject to various political, economic, and other risks and uncertainties inherent in the PRC. Among other risks, the Company’s operations in the PRC are subject to the risks of restrictions on transfer of funds, changing taxation policies, foreign exchange restrictions; and political conditions and governmental regulations. Currency convertibility risk Significant part of the Company’s businesses is transacted in Renminbi, which is not may Concentration of customers For the six June 30, 2018, two 14% 14% three June 30, 2018, one two 19% 11% For the six June 30, 2017, one 21% three June 30, 2017, one 21% As of June 30, 2018, three 54%, 16% 11% December 31, 2017, two three 30% 16% 20% Concentration of suppliers For the six June 30, 2018, two 83% 13% three June 30, 2018, two 87% 10% For the six June 30, 2017, two 75% 16% three June 30, 2017, two 81% 11%

Note 24 - Commitments and Conti

Note 24 - Commitments and Contingencies	6 Months Ended
	Jun. 30, 2018
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	24. Commitments and contingencies The following table sets forth the Company’s operating lease commitment as of June 30, 2018: Office Rental US$(’000) (Unaudited) Six months ending December 31, -2018 177 Year ending December 31, -2019 87 Total $ 264 For the six June 30, 2018 2017, US$206,000 US$191,000, three June 30, 2018 2017, US$98,000 US$93,000, The Company is currently not not may

Note 25 - Segment Reporting

Note 25 - Segment Reporting	6 Months Ended
	Jun. 30, 2018
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	25. Segment reporting The Company follows ASC Topic 280 Six Months Ended June 30, 2018 ( Internet Ad. TV Ad. Blockchain technology Corporate Inter- Total US$ US$ US$ US$ US$ US$ Revenues 30,689 91 - 371 (371 ) 30,780 Cost of revenues 29,173 38 - - - 29,211 Total operating expenses 10,388 47 4 1,366 (1) (371 ) 11,434 Depreciation and amortization expense included in total operating expenses 389 - - 38 - 427 Impairment on goodwill included in total operating expenses 5,412 - - - - 5,412 Impairment on intangible assets included in total operating expenses 1,878 - - - - 1,878 Impairment on long-term investments included in total operating expenses - - - 471 - 471 Operating (loss)/income (8,872 ) 6 (4 ) (995 ) - (9,865 ) Change in fair value of warrant liabilities - - - 948 - 948 Net (loss)/income (9,271 ) 6 (4 ) (855 ) - (10,124 ) Expenditure for long-term assets 448 - 3,378 379 - 4,205 Total assets – June 30, 2018 12,518 335 3,447 19,524 (14,685 ) 21,139 Total assets – December 31, 2017 28,524 402 - 11,013 (11,379 ) 28,560 ( 1 Including approximately US$151,000 Three Months Ended June 30, 2018 ( Internet Ad. TV Ad. Blockchain technology Corporate Inter- segment and reconciling item Total US$ US$ US$ US$ US$ US$ Revenues 22,520 - - - - 22,520 Cost of revenues 21,552 - - - - 21,552 Total operating expenses 8,766 25 4 493 (1) - 9,288 Depreciation and amortization expense included in total operating expenses 192 - - 19 - 211 Impairment on goodwill included in total operating expenses 5,412 - - - - 5,412 Impairment on intangible assets included in total operating expenses 1,878 - - - - 1,878 Operating loss (7,798 ) (25 ) (4 ) (493 ) - (8,320 ) Change in fair value of warrant liabilities - - - (526 ) - (526 ) Net loss (8,198 ) (14 ) (4 ) (1,338 ) - (9,554 ) Expenditure for long-term assets - - 2,178 378 - 2,556 ( 1 Including approximately US$76,000 Six Months Ended June 30, 2017 ( Internet Ad. TV Ad. Corporate Inter- segment and reconciling item Total US$ US$ US$ US$ US$ Revenues 17,764 - - - 17,764 Cost of revenues 14,792 - - - 14,792 Total operating expenses 3,182 56 1,205 (1) - 4,443 Depreciation and amortization expense included in total operating expenses 658 1 48 - 707 Operating loss (210 ) (56 ) (1,205 ) - (1,471 ) Expenditure for long-term assets - - 2 - 2 Net loss (563 ) (56 ) (1,207 ) - (1,826 ) ( 1 Including approximately US$348,000 Three Months Ended June 30, 2017 ( Internet Ad. TV Ad. Corporate Inter- segment and reconciling item Total US$ US$ US$ US$ US$ Revenues 10,500 - - - 10,500 Cost of revenues 8,800 - - - 8,800 Total operating expenses 1,621 28 473 (1) - 2,122 Depreciation and amortization expense included in total operating expenses 329 1 23 - 353 Operating loss 79 (28 ) (473 ) - (422 ) Expenditure for long-term assets - - 2 - 2 Net loss (254 ) (28 ) (475 ) - (757 ) ( 1 Including approximately US$137,000

Note 26 - Loss Per Share

Note 26 - Loss Per Share	6 Months Ended
	Jun. 30, 2018
Notes to Financial Statements
Earnings Per Share [Text Block]	26. Loss per share Basic and diluted loss per share for each of the periods presented are calculated as follows (All amounts, except number of shares and per share data, are presented in thousands of U.S. dollars): Six Months Ended June 30, Three Months Ended June 30, 2018 2017 2018 2017 (Unaudited) (Unaudited) (Unaudited) (Unaudited) Net loss attributable to ChinaNet Online Holdings, Inc. (numerator for basic and diluted loss per share) $ (10,069 ) $ (1,876 ) $ (9,504 ) $ (789 ) Weighted average number of common shares outstanding -Basic and diluted 15,676,249 11,990,950 15,866,305 11,999,304 Loss per share-Basic and diluted $ (0.64 ) $ (0.16 ) $ (0.60 ) $ (0.07 ) For the six three June 30, 2018, not 774,000 not 835,216 266,238 For the six three June 30, 2017, not 835,21 266,238

Note 27 - Share-based Compensat

Note 27 - Share-based Compensation Expenses	6 Months Ended
	Jun. 30, 2018
Notes to Financial Statements
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	27. Share-based compensation expenses In January 2017, 75,000 December 31, 2017. US$1.02 US$38,250 US$19,125 six three June 30, 2017, In February 2017, 20,000 one US$1.12 six three June 30, 2017 US$22,400 nil In July 2017, 75,000 two 12 July 1, 2017. US$1.67 six three June 30, 2018 US$62,600 US$31,300, On April 1, 2016, 16,000 two 12 April 1, 2016. US$1.73 six three June 30, 2017 US$6,900 nil The Company granted 140,000 24 May 1, 2015. US$3.93 six three June 30, 2017 US$91,600 US$22,900, On June 14, 2015, 2015 266,238 third US$2.10 5% six June 30, 2018 2017 US$87,720 three June 30, 2018 2017 US$44,100 On September 14, 2015, 2015 5 477,240 US$2.10 159,080 159,080 September 14, 2016 159,080 September 14, 2017. US$1.03 US$1.39 six three June 30, 2017 US$101,940 US$51,250, Options issued and outstanding at June 30, 2018 six Option Outstanding Option Exercisable Number of underlying shares Weighted Weighted Number of underlying shares Weighted Weighted Balance, January 1, 2018 835,216 3.04 $ 2.49 835,216 3.04 $ 2.49 Granted/Vested - - Forfeited - - Exercised - - Balance, June 30, 2018 (unaudited) 835,216 2.54 $ 2.49 835,216 2.54 $ 2.49 The table below summarized share-based compensation expenses recorded for the six three June 30, 2018 2017, Six Months Ended June 30, Three Months Ended June 30, 2018 2017 2018 2017 US$(’000) US$(’000) US$(’000) US$(’000) (Unaudited) (Unaudited) (Unaudited) (Unaudited) Sales and marketing expenses 27 50 14 22 General and administrative expenses 102 262 51 97 Research and development expenses 22 36 11 18 Total 151 348 76 137 The aggregate unrecognized share-based compensation expenses as of June 30, 2018 2017 US$64,000 US$294,000 June 30, 2018 December 31, 2018.

Note 28 - Subsequent Event

Note 28 - Subsequent Event	6 Months Ended
	Jun. 30, 2018
Notes to Financial Statements
Subsequent Events [Text Block]	28. Subsequent event The Company has performed an evaluation of subsequent events through the date the financial statements were issued, and has determined that there are no In July 2018, 15 RMB3.5 US$0.53 49% As discussed in Note 8 August 2018, RMB3.0 US$0.45

Significant Accounting Policies

Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2018
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	a) Basis of presentation The unaudited condensed consolidated interim financial statements are prepared and presented in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). The unaudited condensed consolidated interim financial information as of June 30, 2018 six three June 30, 2018 2017 2017 10 In the opinion of management, all adjustments (which include normal recurring adjustments) necessary to present a fair statement of the Company’s condensed consolidated financial position as of June 30, 2018, six three June 30, 2018 2017, six June 30, 2018 2017, not
Consolidation, Policy [Policy Text Block]	b) Principles of consolidation The condensed consolidated interim financial statements include the financial statements of all the subsidiaries and VIEs of the Company. All accounts and balances between the Company and its subsidiaries and VIEs have been eliminated upon consolidation.
Use of Estimates, Policy [Policy Text Block]	c) Use of estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the related disclosure of contingent assets and liabilities at the date of these condensed consolidated financial statements, and the reported amounts of revenue and expenses during the reporting period. The Company continually evaluates these estimates and assumptions based on the most recently available information, historical experience and various other assumptions that the Company believes to be reasonable under the circumstances. Since the use of estimates is an integral component of the financial reporting process, actual results could differ from those estimates.
Foreign Currency Transactions and Translations Policy [Policy Text Block]	d) Foreign currency translation The exchange rates used to translate amounts in RMB into US$ for the purposes of preparing the condensed consolidated financial statements are as follows: June 30, 2018 December 31, 2017 Balance sheet items, except for equity accounts 6.6166 6.5342 Six Months Ended June 30, 2018 2017 Items in the statements of operations and comprehensive loss, and statements of cash flows 6.3711 6.8697 Three Months Ended June 30, 2018 2017 Items in the statements of operations and comprehensive loss, and statements of cash flows 6.3789 6.8536 No
Advertising Costs, Policy [Policy Text Block]	e) Advertising costs Advertising costs for the Company’s own brand building are not six June 30, 2018 2017, US$411,000 US$1,103,000, three June 30, 2018 2017, US$22,000 US$593,000,
Research and Development Expense, Policy [Policy Text Block]	f) Research and development expenses The Company accounts for the cost of developing and upgrading technologies and platforms and intellectual property that are used in its daily operations in research and development cost. Research and development costs are charged to expense when incurred. Expenses for research and development for the six June 30, 2018 2017 US$433,000 US$700,000, three June 30, 2018 2017 US$240,000 US$305,000,
Revenue Recognition, Policy [Policy Text Block]	g) Revenue recognition On January 1, 2018, 606, January 1, 2018. In accordance with ASC Topic 606, five 1 2 3 4 5 The Company’s contracts with customers do not The Company does not 606 Online advertising placement service/TV advertising service For online advertising placement service contracts and TV advertising service contracts that are established based on a fixed price scheme with the related advertisement placements obligation, the Company provides advertisement placements in specified locations on the Company’s advertising portals for agreed periods and/or place the advertisements onto the Company’s purchased advertisement time during specific TV programs for agreed periods. Revenue is recognized ratably over the period the advertising is provided and, as such, the Company considers the services to have been delivered (“over time”). Sales of effective sales lead information For advertising contracts related to purchase of effective sales lead information, revenue is recognized based on a fixed price per sales lead and the quantity of effective sales lead, when information is delivered and accepted by customers (“point in time”). Search engine marketing and data service Revenue from search engine marketing and data services is recognized on a monthly basis based on the direct cost consumed through search engines for providing such services with a premium (“over time”). The Company recognizes the revenue on a gross basis, because the Company determines that it is a principle in the transaction who control the goods or services before they are transferred to the customers. All of the Company’s revenues are generated from the PRC. The following tables present the Company’s revenues disaggregated by products and services and timing of revenue recognition: Six Months Ended June 30 Three Months Ended June 30, 2018 2017 2018 2017 US$(’000) US$(’000) US$(’000) US$(’000) (Unaudited) (Unaudited) (Unaudited) (Unaudited) Internet advertising and data service --online advertising placement 4,551 3,933 2,954 2,031 --sales of effective sales lead information 283 813 161 423 Search engine marketing and data service 25,848 12,987 19,405 8,015 TV advertising service 91 - - - Others 7 31 - 31 Total revenues 30,780 17,764 22,520 10,500 Six Months Ended June 30 Three Months Ended June 30, 2018 2017 2018 2017 US$(’000) US$(’000) US$(’000) US$(’000) (Unaudited) (Unaudited) (Unaudited) (Unaudited) Revenue recognized over time 30,497 16,951 22,359 10,077 Revenue recognized at a point in time 283 813 161 423 Total revenues 30,780 17,764 22,520 10,500 Contract costs For the six three June 30, 2018, not 606, Contract balances The Company evaluates overall economic conditions, its working capital status and customer specific credit and negotiates the payment terms of a contract with individual customer on a case by case basis in its normal course of business. Advances received from customers related to unsatisfied performance obligations are recoded as contract liabilities (advance from customers), which will be realized as revenues upon the satisfaction of performance obligations through the transfer of related promised goods and services to customers. For contracts without a full or any advance payments required, the Company bills the customers any unpaid contract price immediately upon satisfaction of the related performance obligations when revenue is recognized, and the Company normally receives payment from customers within 90 The Company does not not The Company’s contract liabilities consist of advance from customers related to unsatisfied performance obligations in relation to internet adverting service, search engine marketing service, as well as TV advertising service. The Company’s contract liabilities are reported in a net position on a customer-by-customer basis at the end of each reporting period. All contract liabilities are expected to be recognized as revenue within one six June 30, 2018: Advance from customers US$(’000) Balance as of January 1, 2018 3,559 Revenue recognized from beginning contract liability balance (3,248 ) Advances received from customers related to unsatisfied performance obligations 1,132 Exchange translation adjustment (44 ) Balance as of June 30, 2018 (Unaudited) 1,399 For the six three June 30, 2018, no Transaction price allocated to remaining performance obligation The Company has elected to apply the practical expedient in paragraph ASC Topic 606 10 50 14 not June 30, 2018, one
Fair Value Measurement, Policy [Policy Text Block]	h) Fair value measurement Liabilities measured at fair value on a recurring basis by level within the fair value hierarchy as of June 30, 2018 Fair value measurement at reporting date using As of Quoted Prices Significant Significant US$(’000) US$(’000) US$(’000) US$(’000) Warrant liabilities (Note 20) 1,327 - - 1,327 The fair value of goodwill was determined using income approach (Note 12 3 June 30, 2018: Valuation technique(s) Unobservable inputs Value of inputs Goodwill Discounted Cash Flow Base projection period (years) 5 Discount rate 20% Terminal growth rate 3.5%
New Accounting Pronouncements, Policy [Policy Text Block]	i) Impact of recently issued accounting pronouncements In February 2016, No. 2016 02, 842 12 not December 15, 2018, first 2019 no No. 2016 02 2018. In February 2018, 2018 02: 220 not December 15, 2018, In June 2018, 2018 07: 718 718 718 718 718 not 1 2 606, December 15, 2018, December 15, 2019, December 15, 2020. no 606. not not not

Note 2 - Variable Interest En35

Note 2 - Variable Interest Entities (Tables)	6 Months Ended
	Jun. 30, 2018
Notes Tables
Schedule of Variable Interest Entities [Table Text Block]	June 30, December 31, 2017 US$(’000) US$(’000) (Unaudited) Assets Current assets: Cash and cash equivalents $ 1,130 $ 2,904 Accounts receivable, net 6,600 7,215 Other receivables, net 47 2,629 Prepayment and deposit to suppliers 2,392 4,009 Due from related parties, net - 14 Total current assets 10,169 16,771 Property and equipment, net 123 177 Intangible assets, net 52 2,112 Goodwill - 5,277 Deferred tax assets, net 609 975 Total Assets $ 10,953 $ 25,312 Liabilities Current liabilities: Short-term bank loan $ 756 $ 765 Accounts payable 1,464 2,848 Advances from customers 1,398 3,559 Accrued payroll and other accruals 178 159 Due to Control Group 11 11 Payable for acquisition of noncontrolling interest 756 - Payable for purchasing of software technology - 436 Taxes payable 2,603 2,711 Other payables 84 155 Total current liabilities 7,250 10,644 Total Liabilities $ 7,250 $ 10,644
Financial Performance of VIEs [Table Text Block]	Six Months Ended June 30, 2018 2017 US$(’000) US$(’000) (Unaudited) (Unaudited) Revenues 30,773 17,733 Cost of revenues (29,211 ) (14,792 ) Total operating expenses (10,025 ) (3,159 ) Net loss before allocation to noncontrolling interests (8,861 ) (516 ) Three Months Ended June 30, 2018 2017 US$(’000) US$(’000) (Unaudited) (Unaudited) Revenues 22,520 10,469 Cost of revenues (21,552 ) (8,800 ) Total operating expenses (8,763 ) (1,526 ) Net loss before allocation to noncontrolling interests (8,183 ) (163 )

Note 3 - Summary of Significa36

Note 3 - Summary of Significant Accounting Policies (Tables)	6 Months Ended
	Jun. 30, 2018
Notes Tables
Foreign Currency Exchange Rates [Table Text Block]	June 30, 2018 December 31, 2017 Balance sheet items, except for equity accounts 6.6166 6.5342 Six Months Ended June 30, 2018 2017 Items in the statements of operations and comprehensive loss, and statements of cash flows 6.3711 6.8697 Three Months Ended June 30, 2018 2017 Items in the statements of operations and comprehensive loss, and statements of cash flows 6.3789 6.8536
Disaggregation of Revenue [Table Text Block]	Six Months Ended June 30 Three Months Ended June 30, 2018 2017 2018 2017 US$(’000) US$(’000) US$(’000) US$(’000) (Unaudited) (Unaudited) (Unaudited) (Unaudited) Internet advertising and data service --online advertising placement 4,551 3,933 2,954 2,031 --sales of effective sales lead information 283 813 161 423 Search engine marketing and data service 25,848 12,987 19,405 8,015 TV advertising service 91 - - - Others 7 31 - 31 Total revenues 30,780 17,764 22,520 10,500 Six Months Ended June 30 Three Months Ended June 30, 2018 2017 2018 2017 US$(’000) US$(’000) US$(’000) US$(’000) (Unaudited) (Unaudited) (Unaudited) (Unaudited) Revenue recognized over time 30,497 16,951 22,359 10,077 Revenue recognized at a point in time 283 813 161 423 Total revenues 30,780 17,764 22,520 10,500
Contract with Customer, Asset and Liability [Table Text Block]	Advance from customers US$(’000) Balance as of January 1, 2018 3,559 Revenue recognized from beginning contract liability balance (3,248 ) Advances received from customers related to unsatisfied performance obligations 1,132 Exchange translation adjustment (44 ) Balance as of June 30, 2018 (Unaudited) 1,399
Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]	Fair value measurement at reporting date using As of Quoted Prices Significant Significant US$(’000) US$(’000) US$(’000) US$(’000) Warrant liabilities (Note 20) 1,327 - - 1,327
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]	Valuation technique(s) Unobservable inputs Value of inputs Goodwill Discounted Cash Flow Base projection period (years) 5 Discount rate 20% Terminal growth rate 3.5%

Note 4 - Accounts Receivable,37

Note 4 - Accounts Receivable, Net (Tables)	6 Months Ended
	Jun. 30, 2018
Notes Tables
Schedule of Accounts Receivable [Table Text Block]	June 30, December 31, US$(’000) US$(’000) (Unaudited) Accounts receivable 10,131 10,008 Allowance for doubtful accounts (3,531 ) (2,793 ) Accounts receivable, net 6,600 7,215

Note 6 - Prepayments and Depo38

Note 6 - Prepayments and Deposit to Suppliers (Tables)	6 Months Ended
	Jun. 30, 2018
Notes Tables
Schedule of Prepayments and Deposit to Suppliers [Table Text Block]	June 30, December 31, US$(’000) US$(’000) (Unaudited) Deposits to internet and TV resources providers 1,579 1,870 Prepayments to internet and TV resources providers 769 1,331 Deposits to other services providers - 765 Other deposits and prepayments 231 107 2,579 4,073

Note 7 - Due From Related Par39

Note 7 - Due From Related Parties, Net (Tables)	6 Months Ended
	Jun. 30, 2018
Due From Related Parties [Member]
Notes Tables
Schedule of Related Party Transactions [Table Text Block]	June 30, December 31, US$(’000) US$(’000) (Unaudited) Chuangshi Meiwei (Beijing) International Investment Management Co., Ltd. 151 156 Guohua Shiji (Beijing) Communication Co., Ltd. 209 184 Beijing Saimeiwei Food Equipment Technology Co., Ltd. - 33 ChinaNet Chuang Tou (Shenzhen) Co., Ltd. - 14 360 387 Allowance for doubtful accounts (360 ) (373 ) Due from related parties, net - 14

Note 8 - Long-term Investments

Note 8 - Long-term Investments (Tables)	6 Months Ended
	Jun. 30, 2018
Notes Tables
Schedule of Investment In and Advance to Equity Investment Affiliates [Table Text Block]	June 30, December 31, US$(’000) US$(’000) (Unaudited) Equity method investments: Investment in equity method investees 744 753 Advance to equity method investees 79 80 Impairment on equity method investments (823 ) (833 ) Total equity method investments - - Cost method investments: Investment in cost method investees 1,111 1,125 Impairment on cost method investments (658 ) (207 ) Total cost method investments 453 918 Total long-term investments 453 918
Schedule of Cost Method Investments [Table Text Block]	ChinaNet Chuang Tou US$(’000) Balance as of January 1, 2018 918 Impairment on cost method investments (453 ) Exchange translation adjustment (12 ) Balance as of June 30, 2018 (Unaudited) 453

Note 9 - Property and Equipme41

Note 9 - Property and Equipment, Net (Tables)	6 Months Ended
	Jun. 30, 2018
Notes Tables
Schedule of Property and Equipment [Table Text Block]	June 30, December 31, US$(’000) US$(’000) (Unaudited) Leasehold improvement 333 337 Vehicles 800 810 Office equipment 1,398 1,410 Electronic devices 1,149 1,164 Property and equipment, cost 3,680 3,721 Less: accumulated depreciation (3,305 ) (3,258 ) Less: impairment loss on idle fixed assets (162 ) (164 ) Property and equipment, net 213 299

Note 10 - Intangible Assets, 42

Note 10 - Intangible Assets, Net (Tables)	6 Months Ended
	Jun. 30, 2018
Notes Tables
Schedule of Finite and Indefinite-Lived Intangible Assets [Table Text Block]	As of June 30, 2018 (Unaudited) Items Gross Accumulated Impairment Net US$(’000) US$(’000) US$(’000) US$(’000) Intangible assets not subject to amortization: Domain name 1,460 - (1,460 ) - Intangible assets subject to amortization: Customer relationship 2,013 (2,013 ) - - Non-compete agreements 1,108 (602 ) (506 ) - Software technologies 310 (310 ) - - Cloud compute software technology 1,403 (921 ) (430 ) 52 Intelligent marketing data service platform 4,880 (1,977 ) (2,903 ) - Internet safety, information exchange security and data encryption software 1,965 (393 ) - 1,572 Cloud video management system 1,436 (356 ) (1,080 ) - Other computer software 118 (114 ) - 4 Total $ 14,693 $ (6,686 ) $ (6,379 ) $ 1,628 As of December 31, 2017 Items Gross Accumulated Impairment Net US$(’000) US$(’000) US$(’000) US$(’000) Intangible assets not subject to amortization: Domain name 1,478 - (1,478 ) - Intangible assets subject to amortization: Customer relationship 2,038 (2,038 ) - - Non-compete agreements 1,122 (610 ) (512 ) - Software technologies 314 (314 ) - - Cloud compute software technology 1,420 (923 ) (435 ) 62 Intelligent marketing data service platform 4,942 (1,853 ) (1,600 ) 1,489 Internet safety, information exchange security and data encryption software 1,990 (299 ) - 1,691 Cloud video management system 1,454 (291 ) (602 ) 561 Other computer software 120 (115 ) - 5 Total $ 14,878 $ (6,443 ) $ (4,627 ) $ 3,808

Note 12 - Goodwill (Tables)

Note 12 - Goodwill (Tables)	6 Months Ended
	Jun. 30, 2018
Notes Tables
Schedule of Goodwill [Table Text Block]	Amount US$(’000) Balance as of January 1, 2018 5,277 Impairment on goodwill (5,211 ) Exchange translation adjustment (66 ) Balance as of June 30, 2018 (unaudited) -

Note 14 - Accrued Payroll and44

Note 14 - Accrued Payroll and Other Accruals (Tables)	6 Months Ended
	Jun. 30, 2018
Notes Tables
Schedule of Accrued Liabilities [Table Text Block]	June 30, December 31, US$(’000) US$(’000) (Unaudited) Accrued payroll and staff welfare 239 203 Accrued operating expenses 162 356 401 559

Note 18 - Taxation (Tables)

Note 18 - Taxation (Tables)	6 Months Ended
	Jun. 30, 2018
Notes Tables
Schedule Of Taxes Payable [Table Text Block]	June 30, December 31, US$(’000) US$(’000) (Unaudited) Turnover tax and surcharge payable 1,205 1,295 Enterprise income tax payable 1,849 1,873 Total taxes payable 3,054 3,168
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	Six Months Ended June 30, Three Months Ended June 30, 2018 2017 2018 2017 US$(’000) US$(’000) US$(’000) US$(’000) (Unaudited) (Unaudited) (Unaudited) (Unaudited) Pre-tax loss (9,435 ) (1,713 ) (8,861 ) (644 ) U.S. federal rate 21 % 35 % 21 % 35 % Income tax benefit computed at U.S. federal rate 1,981 600 1,861 225 Reconciling items: Rate differential for PRC earnings 398 (135 ) 324 (42 ) Preferential tax treatment effect (107 ) 26 (55 ) 42 Tax effect on non-taxable change in fair value of warrant liabilities 199 - (111 ) - Tax effect on non-deductible impairment on goodwill (1,353 ) - (1,353 ) - Valuation allowance on deferred tax assets (1,167 ) (622 ) (1,311 ) (350 ) Expired tax attribute carryforwards (556) - - - Others (84 ) 18 (48 ) 12 Effective income tax expense (689 ) (113 ) (693 ) (113 )
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	Six Months Ended June 30, Three Months Ended June 30, 2018 2017 2018 2017 US$(’000) US$(’000) US$(’000) US$(’000) (Unaudited) (Unaudited) (Unaudited) (Unaudited) Current-PRC - - - - Deferred-PRC (689 ) (113 ) (693 ) (113 ) Income tax expense (689 ) (113 ) (693 ) (113 )
Schedule Of Deferred Tax Assets [Table Text Block]	June 30, December 31, US$(’000) US$(’000) (Unaudited) Tax effect of net operating losses carried forward 7,882 7,657 Bad debts provision 1,045 879 Valuation allowance (8,250 ) (7,178 ) Total deferred tax assets, net 677 1,358

Note 20 - The Financing and W46

Note 20 - The Financing and Warrants Liabilities (Tables)	6 Months Ended
	Jun. 30, 2018
Notes Tables
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]	Valuation technique(s) Unobservable inputs Value of inputs Goodwill Discounted Cash Flow Base projection period (years) 5 Discount rate 20% Terminal growth rate 3.5%
Allocation of Proceeds from Issuance of Equity [Table Text Block]	Initial measurement (USD’000) Investor warrants 1,890 Common Stock (par value and additional paid in capital) 9,183 Total proceeds from the Financing 11,073
Schedule of Warrant Liabilities [Table Text Block]	Change in Fair Value (gain)/loss As of As of As of Six Months Ended Three Months Ended Fair value of the Warrants: Investor warrants 1,103 664 1,890 (787 ) 439 Placement agent warrants 224 137 385 (161 ) 87 Warrant liabilities 1,327 801 2,275 (948 ) 526
Schedule of Warrant Activity [Table Text Block]	Warrants Outstanding Warrants Exercisable Number of Weighted Average Number of Weighted Average Balance, January 1, 2018 - - Granted/Vested 774,000 $ 6.60 2.58 645,000 $ 6.60 2.50 Forfeited - - Exercised - - Balance, June 30, 2018 (Unaudited) 774,000 $ 6.60 2.13 645,000 $ 6.60 2.05
Warrant [Member]
Notes Tables
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]	Investors warrants Placement agent warrants January 17, March 31, June 30, January 17, March 31, June 30, Stock price $ 3.98 $ 1.67 $ 2.52 $ 3.98 $ 1.67 $ 2.52 Years to maturity 2.5 2.3 2.1 3.0 2.8 2.55 Risk-free interest rate 2.22 % 2.35 % 2.53 % 2.39 % 2.50 % 2.56 % Dividend yield - - - - - - Expected volatility 158 % 164 % 174 % 147 % 152 % 159 % Exercise Price $ 6.60 $ 6.60 $ 6.60 $ 6.60 $ 6.60 $ 6.60 Fair value of the warrant $ 2.93 $ 1.03 $ 1.71 $ 2.99 $ 1.06 $ 1.74

Note 24 - Commitments and Con47

Note 24 - Commitments and Contingencies (Tables)	6 Months Ended
	Jun. 30, 2018
Notes Tables
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]	Office Rental US$(’000) (Unaudited) Six months ending December 31, -2018 177 Year ending December 31, -2019 87 Total $ 264

Note 25 - Segment Reporting (Ta

Note 25 - Segment Reporting (Tables)	6 Months Ended
	Jun. 30, 2018
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Internet Ad. TV Ad. Blockchain technology Corporate Inter- Total US$ US$ US$ US$ US$ US$ Revenues 30,689 91 - 371 (371 ) 30,780 Cost of revenues 29,173 38 - - - 29,211 Total operating expenses 10,388 47 4 1,366 (1) (371 ) 11,434 Depreciation and amortization expense included in total operating expenses 389 - - 38 - 427 Impairment on goodwill included in total operating expenses 5,412 - - - - 5,412 Impairment on intangible assets included in total operating expenses 1,878 - - - - 1,878 Impairment on long-term investments included in total operating expenses - - - 471 - 471 Operating (loss)/income (8,872 ) 6 (4 ) (995 ) - (9,865 ) Change in fair value of warrant liabilities - - - 948 - 948 Net (loss)/income (9,271 ) 6 (4 ) (855 ) - (10,124 ) Expenditure for long-term assets 448 - 3,378 379 - 4,205 Total assets – June 30, 2018 12,518 335 3,447 19,524 (14,685 ) 21,139 Total assets – December 31, 2017 28,524 402 - 11,013 (11,379 ) 28,560 Internet Ad. TV Ad. Blockchain technology Corporate Inter- segment and reconciling item Total US$ US$ US$ US$ US$ US$ Revenues 22,520 - - - - 22,520 Cost of revenues 21,552 - - - - 21,552 Total operating expenses 8,766 25 4 493 (1) - 9,288 Depreciation and amortization expense included in total operating expenses 192 - - 19 - 211 Impairment on goodwill included in total operating expenses 5,412 - - - - 5,412 Impairment on intangible assets included in total operating expenses 1,878 - - - - 1,878 Operating loss (7,798 ) (25 ) (4 ) (493 ) - (8,320 ) Change in fair value of warrant liabilities - - - (526 ) - (526 ) Net loss (8,198 ) (14 ) (4 ) (1,338 ) - (9,554 ) Expenditure for long-term assets - - 2,178 378 - 2,556 Internet Ad. TV Ad. Corporate Inter- segment and reconciling item Total US$ US$ US$ US$ US$ Revenues 17,764 - - - 17,764 Cost of revenues 14,792 - - - 14,792 Total operating expenses 3,182 56 1,205 (1) - 4,443 Depreciation and amortization expense included in total operating expenses 658 1 48 - 707 Operating loss (210 ) (56 ) (1,205 ) - (1,471 ) Expenditure for long-term assets - - 2 - 2 Net loss (563 ) (56 ) (1,207 ) - (1,826 ) Internet Ad. TV Ad. Corporate Inter- segment and reconciling item Total US$ US$ US$ US$ US$ Revenues 10,500 - - - 10,500 Cost of revenues 8,800 - - - 8,800 Total operating expenses 1,621 28 473 (1) - 2,122 Depreciation and amortization expense included in total operating expenses 329 1 23 - 353 Operating loss 79 (28 ) (473 ) - (422 ) Expenditure for long-term assets - - 2 - 2 Net loss (254 ) (28 ) (475 ) - (757 )

Note 26 - Loss Per Share (Table

Note 26 - Loss Per Share (Tables)	6 Months Ended
	Jun. 30, 2018
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Six Months Ended June 30, Three Months Ended June 30, 2018 2017 2018 2017 (Unaudited) (Unaudited) (Unaudited) (Unaudited) Net loss attributable to ChinaNet Online Holdings, Inc. (numerator for basic and diluted loss per share) $ (10,069 ) $ (1,876 ) $ (9,504 ) $ (789 ) Weighted average number of common shares outstanding -Basic and diluted 15,676,249 11,990,950 15,866,305 11,999,304 Loss per share-Basic and diluted $ (0.64 ) $ (0.16 ) $ (0.60 ) $ (0.07 )

Note 27 - Share-based Compens50

Note 27 - Share-based Compensation Expenses (Tables)	6 Months Ended
	Jun. 30, 2018
Notes Tables
Share-based Compensation, Stock Options, Activity [Table Text Block]	Option Outstanding Option Exercisable Number of underlying shares Weighted Weighted Number of underlying shares Weighted Weighted Balance, January 1, 2018 835,216 3.04 $ 2.49 835,216 3.04 $ 2.49 Granted/Vested - - Forfeited - - Exercised - - Balance, June 30, 2018 (unaudited) 835,216 2.54 $ 2.49 835,216 2.54 $ 2.49
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]	Six Months Ended June 30, Three Months Ended June 30, 2018 2017 2018 2017 US$(’000) US$(’000) US$(’000) US$(’000) (Unaudited) (Unaudited) (Unaudited) (Unaudited) Sales and marketing expenses 27 50 14 22 General and administrative expenses 102 262 51 97 Research and development expenses 22 36 11 18 Total 151 348 76 137

Note 1 - Organization and Nat51

Note 1 - Organization and Nature of Operations (Details Textual) $ / shares in Units, $ in Thousands, ¥ in Millions	Jan. 17, 2018USD ($)$ / sharesshares	May 31, 2018USD ($)	May 31, 2018CNY (¥)	Jun. 30, 2018USD ($)
Business Opportunity Chain [Member]
Noncontrolling Interest, Ownership Percentage by Parent		51.00%	51.00%
Business Opportunity Chain [Member]
Registered Capital		$ 1,500	¥ 10
Investor Warrants [Member]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights | shares	645,000
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ / shares	$ 6.60
Class of Warrant or Right, Term	2 years 180 days
Private Placement [Member]
Stock Issued During Period, Shares, New Issues | shares	2,150,001
Shares Issued, Price Per Share | $ / shares	$ 5.15
Proceeds from Issuance or Sale of Equity, Total | $	$ 11,100			$ 11,073

Note 2 - Variable Interest En52

Note 2 - Variable Interest Entities - Consolidated VIEs' Assets and Liabilities (Details) ¥ in Thousands, $ in Thousands		Jun. 30, 2018USD ($)		Dec. 31, 2017USD ($)	Dec. 31, 2017CNY (¥)	Jun. 30, 2017USD ($)	Dec. 31, 2016USD ($)	Dec. 31, 2016CNY (¥)
Cash and cash equivalents		$ 5,086		$ 2,952		$ 1,816	$ 3,035
Accounts receivable, net		6,600		7,215
Other receivables, net		165		2,646
Prepayment and deposit to suppliers		2,579		4,073
Due from Related Parties, Current, Total				14
Total current assets		14,430		16,900
Property and equipment, net		213		299
Intangible assets, net		1,628		3,808
Goodwill				5,277
Deferred tax assets, net		677		1,358
Total Assets		21,139		28,560
Short-term Bank Loans and Notes Payable	[1]	756		765
Accounts payable	[1]	1,465		2,851
Advances from customers	[1]	1,399		3,559
Accrued payroll and other accruals	[1]	401		559
Payable for acquisition of noncontrolling interest		756
Payable for Purchasing of Software Technology			[1]	436	¥ 2,850		$ 400	¥ 2,850
Taxes payable	[1]	3,054		3,168
Other payables	[1]	145		687
Total current liabilities		7,976		12,963
Total Liabilities		9,435		13,097
VIEs [Member]
Cash and cash equivalents		1,130		2,904
Accounts receivable, net		6,600		7,215
Other receivables, net		47		2,629
Prepayment and deposit to suppliers		2,392		4,009
Due from Related Parties, Current, Total				14
Total current assets		10,169		16,771
Property and equipment, net		123		177
Intangible assets, net		52		2,112
Goodwill				5,277
Deferred tax assets, net		609		975
Total Assets		10,953		25,312
Short-term Bank Loans and Notes Payable		756		765
Accounts payable		1,464		2,848
Advances from customers		1,398		3,559
Accrued payroll and other accruals		178		159
Due to Control Group		11		11
Payable for acquisition of noncontrolling interest		756
Payable for Purchasing of Software Technology				436
Taxes payable		2,603		2,711
Other payables		84		155
Total current liabilities		7,250		10,644
Total Liabilities		$ 7,250		$ 10,644
[1]	All of the VIEs' assets can be used to settle obligations of their primary beneficiary. Liabilities recognized as a result of consolidating these VIEs do not represent additional claims on the Company's general assets (Note 2).

Note 2 - Variable Interest En53

Note 2 - Variable Interest Entities - Consolidated VIEs' Financial Performance (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Revenues	$ 22,520	$ 10,500	$ 30,780	$ 17,764
Cost of revenues	(21,552)	(8,800)	(29,211)	(14,792)
Total operating expenses	(9,288)	(2,122)	(11,434)	(4,443)
Net loss	(9,554)	(757)	(10,124)	(1,826)
VIEs [Member]
Revenues	22,520	10,469	30,773	17,733
Cost of revenues	(21,552)	(8,800)	(29,211)	(14,792)
Total operating expenses	(8,763)	(1,526)	(10,025)	(3,159)
Net loss	$ (8,183)	$ (163)	$ (8,861)	$ (516)

Note 3 - Summary of Significa54

Note 3 - Summary of Significant Accounting Policies (Details Textual) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Advertising Expense	$ 22,000	$ 593,000	$ 411,000	$ 1,103,000
Research and Development Expense, Total	240,000	$ 305,000	433,000	$ 700,000
Contract with Customer, Asset, Net, Total	0		0
Contract with Customer, Performance Obligation Satisfied in Previous Period	$ 0		$ 0

Note 3 - Summary of Significa55

Note 3 - Summary of Significant Accounting Policies- Exchange Rates Used to Translate Amounts In RMB Into US$ (Details) - Balance Sheet Items, Except Equity Accounts [Member]	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Balance sheet items, except for equity accounts	6.6166		6.6166		6.5342
Items in the statements of operations and comprehensive loss, and statements of cash flows	6.3789	6.8536	6.3711	6.8697

Note 3 - Summary of Significa56

Note 3 - Summary of Significant Accounting Policies - Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Revenues	$ 22,520	$ 10,500	$ 30,780	$ 17,764
Online Advertising Placement [Member]
Revenues	2,954	2,031	4,551	3,933
Sales of Effective Sales Lead Information [Member]
Revenues	161	423	283	813
Search Engine Marketing and Data Service [Member]
Revenues	19,405	8,015	25,848	12,987
TV Advertising Service [Member]
Revenues			91
Product and Service, Other [Member]
Revenues		31	7	31
Transferred over Time [Member]
Revenues	22,359	10,077	30,497	16,951
Transferred at Point in Time [Member]
Revenues	$ 161	$ 423	$ 283	$ 813

Note 3 - Summary of Significa57

Note 3 - Summary of Significant Accounting Policies - Contract liabilities (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2018USD ($)
Balance as of January 1, 2018	$ 3,559
Revenue recognized from beginning contract liability balance	(3,248)
Advances received from customers related to unsatisfied performance obligations	1,132
Exchange translation adjustment	(44)
Balance as of June 30, 2018 (Unaudited)	$ 1,399

Note 3 - Summary of Significa58

Note 3 - Summary of Significant Accounting Policies - Summary of Assets and Liabilities Measured at Fair Value on a Recurring and Nonrecurring Basis (Details) - Fair Value, Measurements, Recurring [Member] $ in Thousands	Jun. 30, 2018USD ($)
Warrant liabilities (Note 20)	$ 1,327
Fair Value, Inputs, Level 1 [Member]
Warrant liabilities (Note 20)
Fair Value, Inputs, Level 2 [Member]
Warrant liabilities (Note 20)
Fair Value, Inputs, Level 3 [Member]
Warrant liabilities (Note 20)	$ 1,327

Note 3 - Summary of Significa59

Note 3 - Summary of Significant Accounting Policies - Quantitative Information About Level 3 Fair Value Measurements (Details) - Fair Value, Inputs, Level 3 [Member] - Fair Value, Measurements, Nonrecurring [Member] - Valuation Technique, Discounted Cash Flow [Member]	Jun. 30, 2018
Measurement Input, Expected Term [Member]
Goodwill	5
Measurement Input, Discount Rate [Member]
Goodwill	0.2
Measurement Input, Terminal Growth Rate [Member]
Goodwill	0.035

Note 4 - Accounts Receivable,60

Note 4 - Accounts Receivable, Net (Details Textual) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Allowance for Doubtful Accounts Receivable, Current, Ending Balance	$ 3,531,000		$ 3,531,000		$ 2,793,000
Provision for Doubtful Accounts			794,000	$ (29,000)
Internet Advertising and TV Advertising [Member]
Allowance for Doubtful Accounts Receivable, Current, Ending Balance	3,531,000		$ 3,531,000		$ 2,793,000
Number of Months Past Due			180 days
Provision for Doubtful Accounts	$ 330,000	$ 0	$ 800,000	0
Provision for Doubtful Accounts Reversal		$ 0		$ 0

Note 4 - Accounts Receivable,61

Note 4 - Accounts Receivable, Net - Accounts Receivable, Net (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Accounts receivable	$ 10,131	$ 10,008
Allowance for doubtful accounts	(3,531)	(2,793)
Accounts receivable, net	$ 6,600	$ 7,215

Note 5 - Other Receivables, N62

Note 5 - Other Receivables, Net (Details Textual) $ in Thousands, ¥ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018USD ($)	Jun. 30, 2017USD ($)	Jun. 30, 2018USD ($)	Jun. 30, 2017USD ($)	Jun. 30, 2018CNY (¥)	Dec. 31, 2017USD ($)	Dec. 31, 2017CNY (¥)
Provision for Doubtful Accounts			$ 794	$ (29)
Internet Advertising And TV Advertising Contractual Deposit [Member]
Allowance for Doubtful Accounts Receivable, Ending Balance	$ 900		900		¥ 5.8	$ 900	¥ 5.8
Provision for Doubtful Accounts	0	$ 0	0
Provision for Doubtful Accounts Reversal	0	$ 0	0	$ 30
Short-term Working Capital Loan in US Dollars to an Unrelated Third Party [Member]
Loans Receivable, Net, Total	$ 110		$ 110		¥ 0.7
Loans Receivable, Interest Rate	12.00%		12.00%		12.00%
Short-term Working Capital Loan in US Dollars to an Unrelated Third Party Maturing on August 31, 2018 [Member]
Loans Receivable, Net, Total	$ 80		$ 80		¥ 0.5
Short-term Working Capital Loan in US Dollars to an Unrelated Third Party, Maturing August 24, 2018 [Member]
Loans Receivable, Net, Total	$ 30		$ 30		¥ 0.2

Note 6 - Prepayments and Depo63

Note 6 - Prepayments and Deposit to Suppliers - Prepayments and Deposit to Suppliers (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Prepayment and deposit to suppliers	$ 2,579	$ 4,073
Deposits to TV Ad and Internet Ad Resources Providers [Member]
Prepayment and deposit to suppliers	1,579	1,870
Prepayment to TV Ad and Internet Ad Resources Providers [Member]
Prepayment and deposit to suppliers	769	1,331
Deposits to Other Service Providers [Member]
Prepayment and deposit to suppliers		765
Other Deposits and Prepayments [Member]
Prepayment and deposit to suppliers	$ 231	$ 107

Note 7 - Due From Related Par64

Note 7 - Due From Related Parties, Net (Details Textual) ¥ in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018USD ($)	Jun. 30, 2017USD ($)	Jun. 30, 2018USD ($)	Jun. 30, 2017USD ($)	Jun. 30, 2018CNY (¥)	Dec. 31, 2017USD ($)	Dec. 31, 2017CNY (¥)
Due from Related Parties, Current, Total						$ 14
Allowance for Doubtful Accounts Receivable, Related Party, Current	360		360			373
Related-party Working Capital Loans [Member] | Chuangshi Meiwei and Guoshua Shiji [Member]
Due from Related Parties, Current, Total	360		360		¥ 2,380	$ 340	¥ 2,200
Allowance for Doubtful Accounts, Related Party, Reversal	$ 20	$ 0	$ 10	$ 0
Allowance for Doubtful Accounts Receivable, Related Party, Current		$ 0		$ 0

Note 7 - Due From Related Par65

Note 7 - Due From Related Parties, Net - Due From Related Parties (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Due from related parties, gross	$ 360	$ 387
Allowance for doubtful accounts	(360)	(373)
Due from related parties, net		14
Chuangshi Meiwei [Member]
Due from related parties, gross	151	156
Guohua Shiji [Member]
Due from related parties, gross	209	184
Beijing Saimeiwei Food Equipment Technology [Member]
Due from related parties, gross		33
ChinaNet Chuang Tou [Member]
Due from related parties, gross		$ 14

Note 8 - Long-term Investment66

Note 8 - Long-term Investments (Details Textual) $ in Thousands, ¥ in Millions	1 Months Ended		6 Months Ended
	Aug. 19, 2018USD ($)	Aug. 19, 2018CNY (¥)	Jun. 30, 2018USD ($)	Dec. 31, 2017USD ($)	Dec. 31, 2015USD ($)
Equity Method Investments			$ 744	$ 753
Shenzhen Mingshan [Member]
Equity Method Investment, Ownership Percentage			23.18%	23.18%
Zhao Shang Ke Hubei [Member]
Equity Method Investment, Ownership Percentage			25.50%	25.50%
Shenzhen Mingshan and Zhao Shang Ke Hubei [Member]
Equity Method Investments					$ 0
ChinaNet Chuang Tou [Member]
Cost Method Investment Ownership Percentage			19.00%	19.00%
Cost-method Investments, Other than Temporary Impairment			$ 470
ChinaNet Chuang Tou [Member] | Subsequent Event [Member]
Cost Method Investments, Cash Returned	$ 450	¥ 3
Chuangshi Meiwei [Member]
Cost Method Investment Ownership Percentage			10.00%	10.00%
ChinaNet Korea [Member]
Cost Method Investment Ownership Percentage			15.00%	15.00%
Guohua Shiji [Member]
Cost Method Investment Ownership Percentage			19.00%	19.00%
Beijing Saturday [Member]
Cost Method Investment Ownership Percentage			10.00%	10.00%

Note 8 - Long-term Investment67

Note 8 - Long-term Investments - Summary of Investment in and Advance to Equity Investment Affiliates (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Investment in equity method investees	$ 744	$ 753
Advance to equity method investees	79	80
Impairment on equity method investments	(823)	(833)
Total equity method investments
Investment in cost method investees	1,111	1,125
Impairment on cost method investments	(658)	(207)
Total cost method investments	453	918
Total long-term investments	$ 453	$ 918

Note 8 - Long-term Investment68

Note 8 - Long-term Investments - Movement in Cost Method Investments (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2018USD ($)
Cost method investments, balance	$ 918
Cost method investments, balance	453
ChinaNet Korea [Member]
Cost method investments, balance	918
Impairment on cost method investments	(453)
Exchange translation adjustment	(12)
Cost method investments, balance	$ 453

Note 9 - Property and Equipme69

Note 9 - Property and Equipment, Net (Details Textual) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Depreciation, Total	$ 43,000	$ 49,000	$ 91,000	$ 100,000

Note 9 - Property and Equipme70

Note 9 - Property and Equipment, Net - Property and Equipment, Net (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Property and equipment, gross	$ 3,680	$ 3,721
Less: accumulated depreciation	(3,305)	(3,258)
Less: impairment loss on idle fixed assets	(162)	(164)
Property and equipment, net	213	299
Leaseholds and Leasehold Improvements [Member]
Property and equipment, gross	333	337
Vehicles [Member]
Property and equipment, gross	800	810
Office Equipment [Member]
Property and equipment, gross	1,398	1,410
Electronic Devices [Member]
Property and equipment, gross	$ 1,149	$ 1,164

Note 10 - Intangible Assets, 71

Note 10 - Intangible Assets, Net (Details Textual) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Amortization of Intangible Assets, Total	$ 168,000	$ 304,000	$ 336,000	$ 607,000
Impairment of Intangible Assets, Finite-lived	1,878,000		$ 1,878,000
Finite-Lived Intangible Asset, Useful Life			7 years 302 days
Finite-Lived Intangible Assets, Amortization Expense, Remainder of Fiscal Year	108,000		$ 108,000
Finite-Lived Intangible Assets, Amortization Expense, Year Two	215,000		215,000
Finite-Lived Intangible Assets, Amortization Expense, Year Four	206,000		206,000
Finite-Lived Intangible Assets, Amortization Expense, Year Five	196,000		196,000
Finite-Lived Intangible Assets, Amortization Expense, Year Three	215,000		215,000
Intelligent Marketing Data Service Platform and Cloud Video Management System [Member]
Impairment of Intangible Assets, Finite-lived	$ 1,880,000		$ 1,880,000

Note 10 - Intangible Assets, 72

Note 10 - Intangible Assets, Net - Intangible Assets, Net (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Finite-lived intangible assets, Impairment	$ (6,379)	$ (4,627)
Finite-lived intangible assets	14,693	14,878
Finite-lived intangible assets, Accumulated amortization	(6,686)	(6,443)
Intangible assets, net	1,628	3,808
Customer Relationships [Member]
Finite-lived intangible assets, Impairment
Finite-lived intangible assets	2,013	2,038
Finite-lived intangible assets, Accumulated amortization	(2,013)	(2,038)
Intangible assets, net
Noncompete Agreements [Member]
Finite-lived intangible assets, Impairment	(506)	(512)
Finite-lived intangible assets	1,108	1,122
Finite-lived intangible assets, Accumulated amortization	(602)	(610)
Intangible assets, net
Software Technologies [Member]
Finite-lived intangible assets, Impairment
Finite-lived intangible assets	310	314
Finite-lived intangible assets, Accumulated amortization	(310)	(314)
Intangible assets, net
Cloud-Computing Based Software Platforms [Member]
Finite-lived intangible assets, Impairment	(430)	(435)
Finite-lived intangible assets	1,403	1,420
Finite-lived intangible assets, Accumulated amortization	(921)	(923)
Intangible assets, net	52	62
Intelligent Marketing Data Service Platform [Member]
Finite-lived intangible assets, Impairment	(2,903)	(1,600)
Finite-lived intangible assets	4,880	4,942
Finite-lived intangible assets, Accumulated amortization	(1,977)	(1,853)
Intangible assets, net		1,489
Internet Safety, Information Exchange Security and Data Encryption Software [Member]
Finite-lived intangible assets, Impairment
Finite-lived intangible assets	1,965	1,990
Finite-lived intangible assets, Accumulated amortization	(393)	(299)
Intangible assets, net	1,572	1,691
Computer Software, Cloud Video Management System [Member]
Finite-lived intangible assets, Impairment	(1,080)	(602)
Finite-lived intangible assets	1,436	1,454
Finite-lived intangible assets, Accumulated amortization	(356)	(291)
Intangible assets, net		561
Other Computer Software [Member]
Finite-lived intangible assets, Impairment
Finite-lived intangible assets	118	120
Finite-lived intangible assets, Accumulated amortization	(114)	(115)
Intangible assets, net	4	5
Domain Name [Member]
Domain name	1,460	1,478
Finite-lived intangible assets, Impairment	$ (1,460)	$ (1,478)

Note 11 - Prepayment for Bloc73

Note 11 - Prepayment for Blockchain and Other Software Applications Development (Details Textual) $ in Thousands, ¥ in Millions	6 Months Ended
	Jun. 30, 2018USD ($)	Jun. 30, 2018CNY (¥)	Jun. 30, 2017USD ($)	Mar. 31, 2018USD ($)	Mar. 31, 2018CNY (¥)	Feb. 28, 2018USD ($)
Payment for Application Development Contracts	$ 3,752
Contract to Develop Blockchain Technology Based Applications [Member]
Application Development Contracts, Contract Amount						$ 4,500
Payment for Application Development Contracts	3,380
Contract to Develop Social Network Based Applications [Member]
Application Development Contracts, Contract Amount				$ 450	¥ 3
Payment for Application Development Contracts	$ 360	¥ 2.4

Note 12 - Goodwill (Details Tex

Note 12 - Goodwill (Details Textual) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Goodwill, Impairment Loss	$ 5,412		$ 5,412

Note 12 - Goodwill - Goodwill (

Note 12 - Goodwill - Goodwill (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2018USD ($)
Balance as of January 1, 2018	$ 5,277
Impairment on goodwill	(5,211)
Exchange translation adjustment	(66)
Balance

Note 13 - Short-term Bank Loan

Note 13 - Short-term Bank Loan (Details Textual) $ in Thousands, ¥ in Millions		Jul. 13, 2018USD ($)	Jul. 13, 2018CNY (¥)	Jun. 30, 2018USD ($)	Jun. 30, 2018CNY (¥)	Dec. 31, 2017USD ($)	Dec. 31, 2017CNY (¥)
Short-term Bank Loans and Notes Payable	[1]			$ 756		$ 765
Short-term Debt, Weighted Average Interest Rate, at Point in Time				5.655%	5.655%	5.655%	5.655%
Debt Instrument, Basis Spread on Variable Rate				30.00%
VIEs [Member]
Short-term Bank Loans and Notes Payable				$ 756		$ 765
VIEs [Member] | Loans Payable [Member]
Short-term Bank Loans and Notes Payable				800	¥ 5	800	¥ 5
VIEs [Member] | Loan Payable Maturing on August 15, 2018 [Member]
Short-term Bank Loans and Notes Payable				500	3	500	3
VIEs [Member] | Loan Payable Maturing on August 15, 2018 [Member] | Subsequent Event [Member]
Repayments of Bank Debt		$ 500	¥ 3
Proceeds from Bank Debt		$ 500
VIEs [Member] | Loan Payable Maturing on October 22, 2018 [Member]
Short-term Bank Loans and Notes Payable				$ 300	¥ 2	$ 300	¥ 2
VIEs [Member] | Loan Payable, Maturing on January 12, 2019 [Member] | Subsequent Event [Member]
Proceeds from Bank Debt | ¥			¥ 3
[1]	All of the VIEs' assets can be used to settle obligations of their primary beneficiary. Liabilities recognized as a result of consolidating these VIEs do not represent additional claims on the Company's general assets (Note 2).

Note 14 - Accrued Payroll and77

Note 14 - Accrued Payroll and Other Accruals - Accrued Payroll and Other Accruals (Details) - USD ($) $ in Thousands		Jun. 30, 2018	Dec. 31, 2017
Accrued payroll and other accruals *	[1]	$ 401	$ 559
Accrued Payroll and Staff Welfare [Member]
Accrued payroll and other accruals *		239	203
Accrued Operating Expenses [Member]
Accrued payroll and other accruals *		$ 162	$ 356
[1]	All of the VIEs' assets can be used to settle obligations of their primary beneficiary. Liabilities recognized as a result of consolidating these VIEs do not represent additional claims on the Company's general assets (Note 2).

Note 15 - Payable For Acquisi78

Note 15 - Payable For Acquisition of Noncontrolling Interest (Details Textual) - Acquisition of Chuang Fu Tian Xi [Member] $ in Thousands, ¥ in Millions	1 Months Ended						6 Months Ended
	Aug. 31, 2018USD ($)	Aug. 31, 2018CNY (¥)	Jul. 31, 2018USD ($)	Jul. 31, 2018CNY (¥)	Mar. 31, 2018USD ($)	Mar. 31, 2018CNY (¥)	Jun. 30, 2018USD ($)	Jun. 30, 2018CNY (¥)
Business Acquisition, Percentage of Voting Interests Acquired					49.00%	49.00%
Business Combination, Consideration Transferred, Total					$ 2,300	¥ 15
Business Combination, Percentage of Consideration Paid in Cash					50.00%	50.00%
Business Combination, Percentage of Consideration Paid in Common Stock					50.00%	50.00%
Payments to Acquire Businesses, Gross							$ 1,100	¥ 7.5
Scenario, Forecast [Member]
Payments to Acquire Businesses, Gross	$ 230	¥ 1.5
Subsequent Event [Member]
Business Acquisition, Percentage of Voting Interests Acquired			49.00%	49.00%
Business Combination, Consideration Transferred, Total				¥ 12.5
Payments to Acquire Businesses, Gross			$ 530	3.5
Business Combination, Consideration Transferred, Change of Unpaid Consideration from Common Stock to Cash			$ 760	¥ 5

Note 16 - Due to New Investor79

Note 16 - Due to New Investors Related to Terminated Security Purchase Agreements (Details Textual)	6 Months Ended		12 Months Ended
	Jun. 30, 2018USD ($)	Jun. 30, 2017USD ($)	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)	May 12, 2016
Number of Investors Security Purchase Agreement Terminated					2
Repayment for Security Purchase Agreement	$ 957,000		$ 0	$ 0
Security Purchase Agreement Termination Failure to Refund Amounts Annualized Interest Rate for Unpaid Amounts			12.00%
Jinrun Fangzhou [Member]
Common Stock Purchase Agreement Guarantee Payments Initial Payment Due Within Five Days Percentage			10.00%
Common Stock Purchase Agreement Guarantee Payment Due Within Thirty Days, Percentage			15.00%
Common Stock Purchase Agreement Guarantee Payment			$ 819,000
Dongsys Innovation [Member]
Common Stock Purchase Agreement Guarantee Payments Initial Payment Due Within Five Days Percentage			10.00%
Common Stock Purchase Agreement Guarantee Payment			$ 119,000

Note 17 - Payable for Purchas80

Note 17 - Payable for Purchasing of Software Technology (Details Textual) ¥ in Thousands, $ in Thousands	Jun. 30, 2018USD ($)		Dec. 31, 2017USD ($)	Dec. 31, 2017CNY (¥)	Dec. 31, 2016USD ($)	Dec. 31, 2016CNY (¥)
Payable for Purchasing of Software Technology		[1]	$ 436	¥ 2,850	$ 400	¥ 2,850
[1]	All of the VIEs' assets can be used to settle obligations of their primary beneficiary. Liabilities recognized as a result of consolidating these VIEs do not represent additional claims on the Company's general assets (Note 2).

Note 18 - Taxation (Details Tex

Note 18 - Taxation (Details Textual) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2018	Dec. 31, 2017	Nov. 30, 2015
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	21.00%	35.00%	21.00%	35.00%		35.00%
Income Tax Withholding Rate Pursuant to EIT Law	10.00%		10.00%
Operating Loss Carryforwards, Total	$ 13,716,660		$ 13,716,660			$ 13,275,660
Operating Loss Carryforwards, Taxable Income Deduction Limitations	80.00%		80.00%
Deferred Tax Assets, Valuation Allowance, Total	$ 8,250,000		$ 8,250,000			7,178,000
Deferred Tax Assets, Bad Debts Provision [Member]
Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount	$ 1,311,000	$ 350,000	$ 1,167,000	$ 622,000
Minimum [Member]
PRC Value Added Tax Surcharge Rate	12.00%		12.00%
Maximum [Member]
PRC Value Added Tax Surcharge Rate	14.00%		14.00%
PRC Subsidiary And VIE's [Member]
Operating Loss Carryforwards, Total	$ 23,263,000		$ 23,263,000			23,959,000
Deferred Tax Assets, Valuation Allowance, Total	$ 8,250,000		8,250,000			$ 7,178,000
British Virgin Islands [Member]
Other Tax Expense (Benefit)			0
Hong Kong [Member]
Other Tax Expense (Benefit)			0
Federal Income Tax Expense (Benefit), Continuing Operations, Total			0
Profits Assessable			$ 0
PRC [Member]
PRC Value Added Tax Rate for Modern Service Provided	6.00%	6.00%	6.00%	6.00%
PRC [Member] | Provision of Modern Services Small Scale Tax Payer [Member]
PRC Value Added Tax Rate for Modern Service Provided Small Scale Tax Payer	3.00%	3.00%	3.00%	3.00%
PRC [Member] | Other PRC Operating Entities [Member]
Applicable Income Tax Rate	25.00%	25.00%	25.00%	25.00%
PRC [Member] | Business Opportunity Online [Member]
Applicable Income Tax Rate	15.00%	15.00%	15.00%	15.00%
PRC [Member] | Business Opportunity Online [Member] | Minimum [Member]
Enterprise Income Tax Rate In PRC							15.00%
Tax Treaty Agreement [Member]
Income Tax Withholding Rate Pursuant to EIT Law	5.00%		5.00%
Scenario, Forecast [Member]
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent					21.00%

Note 18 - Taxation - Taxes Paya

Note 18 - Taxation - Taxes Payable (Details) - USD ($) $ in Thousands		Jun. 30, 2018	Dec. 31, 2017
Turnover tax and surcharge payable		$ 1,205	$ 1,295
Enterprise income tax payable		1,849	1,873
Total taxes payable	[1]	$ 3,054	$ 3,168
[1]	All of the VIEs' assets can be used to settle obligations of their primary beneficiary. Liabilities recognized as a result of consolidating these VIEs do not represent additional claims on the Company's general assets (Note 2).

Note 18 - Taxation - Reconcilia

Note 18 - Taxation - Reconciliation of the Income Tax (Expense)/Benefit (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Pre-tax loss	$ (8,861)	$ (644)	$ (9,435)	$ (1,713)
U.S. federal rate	21.00%	35.00%	21.00%	35.00%	35.00%
Income tax benefit computed at U.S. federal rate	$ 1,861	$ 225	$ 1,981	$ 600
Rate differential for PRC earnings	324	(42)	398	(135)
Preferential tax treatment effect	(55)	42	(107)	26
Tax effect on non-taxable change in fair value of warrant liabilities	(111)		199
Tax effect on non-deductible impairment on goodwill	(1,353)		(1,353)
Valuation allowance on deferred tax assets	(1,311)	(350)	(1,167)	(622)
Expired tax attribute carryforwards			(556)
Others	(48)	12	(84)	18
Effective income tax expense	$ (693)	$ (113)	$ (689)	$ (113)

Note 18 - Taxation - Income Tax

Note 18 - Taxation - Income Tax Expense (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Current-PRC
Deferred-PRC	(693)	(113)	(689)	(113)
Effective income tax expense	$ (693)	$ (113)	$ (689)	$ (113)

Note 18 - Taxation - Deferred T

Note 18 - Taxation - Deferred Tax Assets (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Tax effect of net operating losses carried forward	$ 7,882	$ 7,657
Bad debts provision	1,045	879
Valuation allowance	(8,250)	(7,178)
Total deferred tax assets, net	$ 677	$ 1,358

Note 20 - The Financing and W86

Note 20 - The Financing and Warrants Liabilities (Details Textual) - USD ($) $ / shares in Units, $ in Thousands	Jan. 17, 2018	Jun. 30, 2018	Mar. 31, 2018
Warrants and Rights Outstanding	$ 2,275	$ 1,327	$ 801
Investor Warrants [Member]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights	645,000
Class of Warrant or Right, Exercise Price of Warrants or Rights	$ 6.60
Class of Warrant or Right, Term	2 years 180 days
Warrants and Rights Outstanding	$ 1,890	1,103	664
Placement Agent Warrants [Member]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights	129,000
Class of Warrant or Right, Exercise Price of Warrants or Rights	$ 6.60
Class of Warrant or Right, Term	3 years
Warrants and Rights Outstanding	$ 385	224	$ 137
The Warrants [Member]
Class of Warrant or Right, Exercise Price of Warrants or Rights	$ 6.60
Private Placement [Member]
Stock Issued During Period, Shares, New Issues	2,150,001
Shares Issued, Price Per Share	$ 5.15
Proceeds from Issuance or Sale of Equity, Total	$ 11,100	$ 11,073
Placement Agent Fee, Percent of Gross Proceeds	6.00%
Adjustments to Additional Paid in Capital, Stock Issued, Issuance Costs	$ 1,200
Placement Agent Fee	660
Direct Legal Fees	$ 150

Note 20 - The Financing and W87

Note 20 - The Financing and Warrants Liabilities - Fair Value of Warrants (Details)	Jun. 30, 2018yr	Mar. 31, 2018yr	Jan. 17, 2018yr
Measurement Input, Share Price [Member] | Investor Warrants [Member]
Fair value of the warrants	2.52	1.67	3.98
Measurement Input, Share Price [Member] | Placement Agent Warrants [Member]
Fair value of the warrants	2.52	1.67	3.98
Measurement Input, Expected Term [Member] | Investor Warrants [Member]
Fair value of the warrants	2.1	2.3	2.5
Measurement Input, Expected Term [Member] | Placement Agent Warrants [Member]
Fair value of the warrants	2.55	2.8	3
Measurement Input, Risk Free Interest Rate [Member] | Investor Warrants [Member]
Fair value of the warrants	0.0253	0.0235	0.0222
Measurement Input, Risk Free Interest Rate [Member] | Placement Agent Warrants [Member]
Fair value of the warrants	0.0256	0.025	0.0239
Measurement Input, Expected Dividend Rate [Member] | Investor Warrants [Member]
Fair value of the warrants
Measurement Input, Expected Dividend Rate [Member] | Placement Agent Warrants [Member]
Fair value of the warrants
Measurement Input, Price Volatility [Member] | Investor Warrants [Member]
Fair value of the warrants	1.74	1.64	1.58
Measurement Input, Price Volatility [Member] | Placement Agent Warrants [Member]
Fair value of the warrants	1.59	1.52	1.47
Measurement Input, Exercise Price [Member] | Investor Warrants [Member]
Fair value of the warrants	6.6	6.6	6.6
Measurement Input, Exercise Price [Member] | Placement Agent Warrants [Member]
Fair value of the warrants	6.6	6.6	6.6
Measurement Input, Quoted Price [Member] | Investor Warrants [Member]
Fair value of the warrants	1.71	1.03	2.93
Measurement Input, Quoted Price [Member] | Placement Agent Warrants [Member]
Fair value of the warrants	1.74	1.06	2.99

Note 20 - The Financing and W88

Note 20 - The Financing and Warrants Liabilities - Allocation of Gross Proceeds From the Financing (Details) - Private Placement [Member] - USD ($) $ in Thousands	Jan. 17, 2018	Jun. 30, 2018
Investor warrants		$ 1,890
Common Stock (par value and additional paid in capital)		9,183
Total proceeds from the Financing	$ 11,100	$ 11,073

Note 20 - The Financing and W89

Note 20 - The Financing and Warrants Liabilities - Warrant Liabilities (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Mar. 31, 2018	Jan. 17, 2018
Fair value of the Warrants	$ 1,327		$ 1,327		$ 801	$ 2,275
Change in fair value of warrants	526		(948)
Investor Warrants [Member]
Fair value of the Warrants	1,103		1,103		664	1,890
Change in fair value of warrants	439		(787)
Placement Agent Warrants [Member]
Fair value of the Warrants	224		224		$ 137	$ 385
Change in fair value of warrants	$ 87		$ (161)

Note 20 - The Financing and W90

Note 20 - The Financing and Warrants Liabilities - Warrant Activity (Details)	6 Months Ended
	Jun. 30, 2018$ / sharesshares
Balance, January 1, 2018 (in shares)
Balance, January 1, 2018 (in shares)
Granted/Vested (in shares)	774,000
Granted/Vested, weighted average exercise price (in dollars per share) | $ / shares	$ 6.60
Granted/Vested, weighted average remaining contractual life (Year)	2 years 211 days
Granted/Vested, exercisable (in shares)	645,000
Granted/Vested, exercisable, weighted average exercise price (in dollars per share) | $ / shares	$ 6.60
Granted/Vested, exercisable, weighted average remaining contractual life (Year)	2 years 182 days
Forfeited (in shares)
Forfeited (in dollars per share) | $ / shares
Exercised (in shares)
Exercised (in dollars per share) | $ / shares
Balance, June 30, 2018 (Unaudited) (in shares)	774,000
Balance, June 30, 2018 (Unaudited), weighted average exercise price (in dollars per share) | $ / shares	$ 6.60
Balance, March 31, 2018 (Unaudited), weighted average remaining contractual life (Year)	2 years 47 days
Balance, March 31, 2018 (Unaudited), exercisable (in shares)	645,000
Balance, March 31, 2018 (Unaudited), exercisable, weighted average exercise price (in dollars per share) | $ / shares	$ 6.60
Balance, March 31, 2018 (Unaudited), exercisable, weighted average remaining contractual life (Year)	2 years 18 days

Note 21 - Restricted Net Asse91

Note 21 - Restricted Net Assets (Details Textual) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2018	Dec. 31, 2017
Amount of Restricted Net Assets for Consolidated and Unconsolidated Subsidiaries	$ 12,000	$ 8,300
Withholding Tax Rate Pursuant To EIT Law	10.00%
Preferential Withholding Tax Rate	5.00%
Statutory Accounting Practices, Retained Earnings Not Available for Dividends	$ 2,607	2,607
PRC Subsidiary And VIE's [Member]
Amount of Restricted Net Assets for Consolidated and Unconsolidated Subsidiaries		9,200
Statutory Accounting Practices, Retained Earnings Not Available for Dividends	$ 2,600	$ 2,600
WFOE [Member]
Minimum Percentage Of Annual After-tax Profit For General Reserve	10.00%
Minimum Required Reserve As Percent Of Registered Capital	50.00%
Domestic Enterprise [Member]
Minimum Percentage Of Annual After-tax Profit For General Reserve	10.00%
Minimum Required Reserve As Percent Of Registered Capital	50.00%

Note 22 - Employee Defined Co92

Note 22 - Employee Defined Contribution Plan (Details Textual) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Defined Contribution Plan, Cost	$ 95,000	$ 97,000	$ 183,000	$ 226,000

Note 23 - Concentration of Ri93

Note 23 - Concentration of Risk (Details Textual)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Sales Revenue, Net [Member] | Customer Concentration Risk [Member]
Number of Customers	2	1	2	1
Sales Revenue, Net [Member] | Customer Concentration Risk [Member] | Customer 1 [Member]
Concentration Risk, Percentage	19.00%		14.00%	21.00%
Sales Revenue, Net [Member] | Customer Concentration Risk [Member] | Customer 2 [Member]
Concentration Risk, Percentage	11.00%		14.00%
Sales Revenue, Net [Member] | Customer Concentration Risk [Member] | One Customer [Member]
Concentration Risk, Percentage		21.00%
Accounts Receivable [Member] | Customer Concentration Risk [Member]
Number of Customers			3		2
Accounts Receivable [Member] | Customer Concentration Risk [Member] | Customer 1 [Member]
Concentration Risk, Percentage			54.00%		30.00%
Accounts Receivable [Member] | Customer Concentration Risk [Member] | Customer 2 [Member]
Concentration Risk, Percentage			16.00%		16.00%
Accounts Receivable [Member] | Customer Concentration Risk [Member] | Customer 3 [Member]
Concentration Risk, Percentage			11.00%		20.00%
Cost Of Sales Total [Member] | Supplier Concentration Risk [Member]
Number of Suppliers	2	2	2	2
Cost Of Sales Total [Member] | Supplier Concentration Risk [Member] | Supplier 1 [Member]
Concentration Risk, Percentage	87.00%	81.00%	83.00%	75.00%
Cost Of Sales Total [Member] | Supplier Concentration Risk [Member] | Supplier 2 [Member]
Concentration Risk, Percentage	10.00%	11.00%	13.00%	16.00%
CHINA
Percent of Cash and Cash Equivalents Held by Major Financial Institutions	43.00%		43.00%
UNITED STATES
Percent of Cash and Cash Equivalents Held by Major Financial Institutions	57.00%		57.00%

Note 24 - Commitments and Con94

Note 24 - Commitments and Contingencies (Details Textual) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Operating Leases, Rent Expense, Net, Total	$ 98,000	$ 93,000	$ 206,000	$ 191,000

Note 24 - Commitments and Con95

Note 24 - Commitments and Contingencies - Contractual Obligations (Details) - Office Rental [Member] $ in Thousands	Jun. 30, 2018USD ($)
(2,018)	$ 177
(2,019)	87
Total	$ 264

Note 25 - Segment Reporting (De

Note 25 - Segment Reporting (Details Textual) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Allocated Share-based Compensation Expense, Total	$ 76,000	$ 137,000	$ 151,000	$ 348,000

Note 25 - Segment Reporting - S

Note 25 - Segment Reporting - Summary of Segment Reporting Information (Details) - USD ($) $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2018		Jun. 30, 2017		Jun. 30, 2018		Jun. 30, 2017		Dec. 31, 2017
Revenues	$ 22,520		$ 10,500		$ 30,780		$ 17,764
Cost of revenues	21,552		8,800		29,211		14,792
Total operating expenses	9,288		2,122		11,434		4,443
Depreciation and amortization expense included in total operating expenses	211		353		427		707
Impairment on goodwill included in total operating expenses	5,412				5,412
Impairment on intangible assets included in total operating expenses	1,878				1,878
Impairment on long-term investments included in total operating expenses					471
Operating (loss)/income	(8,320)		(422)		(9,865)		(1,471)
Change in fair value of warrant liabilities	(526)				948
Net (loss)/income	(9,554)		(757)		(10,124)		(1,826)
Expenditure for long-term assets	2,556		2		4,205		2
Total assets	21,139				21,139				$ 28,560
Revenues	22,520		10,500		30,780		17,764
Depreciation and amortization expense included in total operating expenses	211		353		427		707
Intersegment Eliminations [Member]
Revenues					(371)
Cost of revenues
Total operating expenses					(371)
Depreciation and amortization expense included in total operating expenses
Impairment on goodwill included in total operating expenses
Impairment on intangible assets included in total operating expenses
Impairment on long-term investments included in total operating expenses
Operating (loss)/income
Change in fair value of warrant liabilities
Net (loss)/income
Expenditure for long-term assets
Total assets	(14,685)				(14,685)				(11,379)
Revenues					(371)
Depreciation and amortization expense included in total operating expenses
Internet Ad [Member] | Operating Segments [Member]
Revenues	22,520		10,500		30,689		17,764
Cost of revenues	21,552		8,800		29,173		14,792
Total operating expenses	8,766		1,621		10,388		3,182
Depreciation and amortization expense included in total operating expenses	192		329		389		658
Impairment on goodwill included in total operating expenses	5,412				5,412
Impairment on intangible assets included in total operating expenses	1,878				1,878
Impairment on long-term investments included in total operating expenses
Operating (loss)/income	(7,798)		79		(8,872)		(210)
Change in fair value of warrant liabilities
Net (loss)/income	(8,198)		(254)		(9,271)		(563)
Expenditure for long-term assets					448
Total assets	12,518				12,518				28,524
Revenues	22,520		10,500		30,689		17,764
Depreciation and amortization expense included in total operating expenses	192		329		389		658
TV Ad [Member] | Operating Segments [Member]
Revenues					91
Cost of revenues					38
Total operating expenses	25		28		47		56
Depreciation and amortization expense included in total operating expenses			1				1
Impairment on goodwill included in total operating expenses
Impairment on intangible assets included in total operating expenses
Impairment on long-term investments included in total operating expenses
Operating (loss)/income	(25)		(28)		6		(56)
Change in fair value of warrant liabilities
Net (loss)/income	(14)		(28)		6		(56)
Expenditure for long-term assets
Total assets	335				335				402
Revenues					91
Depreciation and amortization expense included in total operating expenses			1				1
Blockchain Technology [Member] | Operating Segments [Member]
Revenues
Cost of revenues
Total operating expenses	4				4
Depreciation and amortization expense included in total operating expenses
Impairment on goodwill included in total operating expenses
Impairment on intangible assets included in total operating expenses
Impairment on long-term investments included in total operating expenses
Operating (loss)/income	(4)				(4)
Change in fair value of warrant liabilities
Net (loss)/income	(4)				(4)
Expenditure for long-term assets	2,178				3,378
Total assets	3,447				3,447
Revenues
Depreciation and amortization expense included in total operating expenses
Others [Member] | Operating Segments [Member]
Revenues					371
Cost of revenues
Total operating expenses	493	[1]	473	[2]	1,366	[3]	1,205	[4]
Depreciation and amortization expense included in total operating expenses	19		23		38		48
Impairment on goodwill included in total operating expenses
Impairment on intangible assets included in total operating expenses
Impairment on long-term investments included in total operating expenses					471
Operating (loss)/income	(493)		(473)		(995)		(1,205)
Change in fair value of warrant liabilities	(526)				948
Net (loss)/income	(1,338)		(475)		(855)		(1,207)
Expenditure for long-term assets	378		2		379		2
Total assets	19,524				19,524				$ 11,013
Revenues					371
Depreciation and amortization expense included in total operating expenses	$ 19		$ 23		$ 38		$ 48
[1]	Including approximately US$76,000 share-based compensation expenses.
[2]	Including approximately US$137,000 share-based compensation expenses.
[3]	Including approximately US$151,000 share-based compensation expenses.
[4]	Including approximately US$348,000 share-based compensation expenses.

Note 26 - Loss Per Share (Detai

Note 26 - Loss Per Share (Details Textual) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Warrant [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	774,000		774,000
Employee Stock Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	835,216	835,216	835,216	835,216
Restricted Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	266,238	266,238	266,238	266,238

Note 26 - Loss Per Share - Basi

Note 26 - Loss Per Share - Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Net loss attributable to ChinaNet Online Holdings, Inc. (numerator for basic and diluted loss per share)	$ (9,504)	$ (789)	$ (10,069)	$ (1,876)
Basic and diluted (in shares)	15,866,305	11,999,304	15,676,249	11,990,950
Basic and diluted (in dollars per share)	$ (0.60)	$ (0.07)	$ (0.64)	$ (0.16)

Note 27 - Share-based Compen100

Note 27 - Share-based Compensation Expenses (Details Textual) - USD ($)	Apr. 01, 2016	Sep. 14, 2015	Jun. 14, 2015	May 01, 2015	Jul. 31, 2017	Feb. 28, 2017	Jan. 31, 2017	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Allocated Share-based Compensation Expense, Total								$ 76,000	$ 137,000	$ 151,000	$ 348,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Total								64,000	294,000	64,000	294,000
Employees and Directors [Member] | The 2015 Omnibus Securities and Incentive Plan [Member]
Share Price		$ 2.10
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Net of Forfeitures, Total		477,240
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested, Number of Shares		159,080
Employees and Directors [Member] | The 2015 Omnibus Securities and Incentive Plan [Member] | Vesting on September 14, 2016 [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested, Number of Shares		159,080
Employees and Directors [Member] | The 2015 Omnibus Securities and Incentive Plan [Member] | Vesting on September 14, 2017 [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested, Number of Shares		159,080
Restricted Stock [Member] | Director 1 [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period						20,000
Share Price						$ 1.12
Allocated Share-based Compensation Expense, Total									0		22,400
Restricted Stock [Member] | Two Management Consulting Service Providers [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period					75,000
Share Price					$ 1.67
Allocated Share-based Compensation Expense, Total								31,300		62,600
Management Consulting Service Term					1 year
Restricted Stock [Member] | Two Marketing Service Providers [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	16,000
Share Price	$ 1.73
Allocated Share-based Compensation Expense, Total									0		6,900
Marketing Service Term	1 year
Restricted Stock [Member] | Management Consulting Service Provider [Member]
Share Price				$ 3.93
Allocated Share-based Compensation Expense, Total									22,900		91,600
Management Consulting Service Term				2 years
Share-based Goods and Nonemployee Services Transaction, Quantity of Securities Issued				140,000
Restricted Stock [Member] | Employees and Directors [Member] | The 2015 Omnibus Securities and Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period			266,238
Share Price			$ 2.10
Allocated Share-based Compensation Expense, Total								$ 44,100	44,100	$ 87,720	87,720
Share-based Compensation Arrangement by Share-based Payment Award Forfeiture Rate			5.00%
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period		5 years
Employee Stock Option [Member] | Employees and Directors [Member] | The 2015 Omnibus Securities and Incentive Plan [Member]
Allocated Share-based Compensation Expense, Total									51,250		101,940
Employee Stock Option [Member] | Employees and Directors [Member] | The 2015 Omnibus Securities and Incentive Plan [Member] | Minimum [Member]
Share Price		$ 1.03
Employee Stock Option [Member] | Employees and Directors [Member] | The 2015 Omnibus Securities and Incentive Plan [Member] | Maximum [Member]
Share Price		$ 1.39
Investor Relations Services Provider [Member] | Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period							75,000
Share Price							$ 1.02
Allocated Share-based Compensation Expense, Total									$ 19,125		$ 38,250

Note 27 - Share-based Compen101

Note 27 - Share-based Compensation Expenses - Options Issued and Outstanding (Details) - $ / shares	6 Months Ended	12 Months Ended
	Jun. 30, 2018	Dec. 31, 2017
Options outstanding, number of underlying shares (in shares)	835,216
Options outstanding, weighted average remaining contractual life (Year)	2 years 197 days	3 years 14 days
Options outstanding, weighted average exercise price (in dollars per share)	$ 2.49
Balance, January 1, 2018 (in shares)	835,216
Option exercisable, weighted average remaining contractual life (Year)	2 years 197 days	3 years 14 days
Option exercisable, weighted average exercise price (in dollars per share)	$ 2.49
Options outstanding, granted/vested shares (in shares)	0
Options outstanding, granted/vested, weighted average exercise price (in dollars per share)	$ 0
Option exercisable, granted/vested shares (in shares)
Option exercisable, granted/vested, weighted average exercise price (in dollars per share)
Options outstanding, forfeited (in shares)	0
Options outstanding, forfeited, weighted average exercise price (in dollars per share)	$ 0
Options outstanding, exercised (in shares)	0
Options outstanding, exercised, weighted average exercise price (in dollars per share)	$ 0
Options outstanding, number of underlying shares (in shares)	835,216	835,216
Options outstanding, weighted average exercise price (in dollars per share)	$ 2.49	$ 2.49
Option exercisable, number of underlying shares (in shares)	835,216	835,216
Option exercisable, weighted average exercise price (in dollars per share)	$ 2.49	$ 2.49

Note 27 - Share-based Compen102

Note 27 - Share-based Compensation Expenses - Share-based Compensation Expenses (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Share-based Compensation expenses	$ 76,000	$ 137,000	$ 151,000	$ 348,000
Selling and Marketing Expense [Member]
Share-based Compensation expenses	14,000	22,000	27,000	50,000
General and Administrative Expense [Member]
Share-based Compensation expenses	51,000	97,000	102,000	262,000
Research and Development Expense [Member]
Share-based Compensation expenses	$ 11,000	$ 18,000	$ 22,000	$ 36,000

Note 28 - Subsequent Event (Det

Note 28 - Subsequent Event (Details Textual) $ in Thousands, ¥ in Millions	1 Months Ended				6 Months Ended
	Aug. 19, 2018USD ($)	Aug. 19, 2018CNY (¥)	Jul. 31, 2018USD ($)	Jul. 31, 2018CNY (¥)	Jun. 30, 2018USD ($)	Jun. 30, 2018CNY (¥)	Mar. 31, 2018
Acquisition of Chuang Fu Tian Xi [Member]
Payments to Acquire Businesses, Gross					$ 1,100	¥ 7.5
Business Acquisition, Percentage of Voting Interests Acquired							49.00%
Subsequent Event [Member] | ChinaNet Chuang Tou [Member]
Cost Method Investments, Cash Returned	$ 450	¥ 3
Subsequent Event [Member] | Acquisition of Chuang Fu Tian Xi [Member]
Payments to Acquire Businesses, Gross			$ 530	¥ 3.5
Business Acquisition, Percentage of Voting Interests Acquired			49.00%	49.00%