ZW Data Action (CNET) 10-Q 15 Nov 21 2021 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Sep. 30, 2021	Nov. 15, 2021
Document Information [Line Items]
Entity Central Index Key	0001376321
Entity Registrant Name	ZW Data Action Technologies Inc.
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2021
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2021
Document Transition Report	false
Entity File Number	001-34647
Entity Incorporation, State or Country Code	NV
Entity Tax Identification Number	20-4672080
Entity Address, Address Line One	Room 1106, Xinghuo Keji Plaza, No. 2 Fufeng Road, Fengtai District
Entity Address, City or Town	Beijing
Entity Address, Country	CN
Entity Address, Postal Zip Code	100070
City Area Code	10
Local Phone Number	6084-6616
Title of 12(b) Security	Common Stock, par value $0.001
Trading Symbol	CNET
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		35,332,677

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands		Sep. 30, 2021	Dec. 31, 2020
Current assets
Cash and cash equivalents *		$ 8,731	$ 4,297
Accounts receivable, net of allowance for doubtful accounts of $2,198 and $4,247, respectively *		2,669	2,407
Prepayment and deposit to suppliers *		8,673	4,657
Due from related parties *		96	61
Other current assets *		1,658	1,462
Total current assets		21,827	12,884
Long-term investments *		1,911	67
Operating lease right-of-use assets *		2,042	48
Property and equipment, net *		190	60
Intangible assets, net *		3,275	2,557
Blockchain platform applications development costs		4,408	4,406
Long-term deposits and prepayments *		481	39
Deferred tax assets, net *		781	606
Total Assets		34,915	20,667
Current liabilities:
Accounts payable		750	608
Advance from customers		1,311	1,436
Accrued payroll and other accruals		350	489
Taxes payable		3,414	3,430
Operating lease liabilities		193	18
Lease payment liability related to short-term leases		150	203
Other current liabilities		136	333
Warrant liabilities		3,686	1,505
Total current liabilities		9,990	8,022
Long-term liabilities:
Operating lease liabilities-Non current *	[1]	1,923	32
Long-term borrowing from a related party		135	134
Total Liabilities		12,048	8,188
Commitments and contingencies
Equity:
Common stock (US$0.001 par value; authorized 100,000,000 and 50,000,000 shares at September 30, 2021 and December 31, 2020, respectively; issued and outstanding 35,332,677 shares and 26,062,915 shares at September 30, 2021 and December 31, 2020, respectively)		35	26
Additional paid-in capital		61,761	49,772
Statutory reserves		2,598	2,598
Accumulated deficit		(42,566)	(40,980)
Accumulated other comprehensive income		1,104	1,129
Total ZW Data Action Technologies Inc.’s stockholders’ equity		22,932	12,545
Noncontrolling interests		(65)	(66)
Total equity		22,867	12,479
Total Liabilities and Equity		$ 34,915	$ 20,667
[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 Balanc_2

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Accounts receivable, allowance for doubtful account	$ 2,198	$ 4,247
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized (in shares)	100,000,000	50,000,000
Common stock, shares issued (in shares)	35,332,677	26,062,915
Common stock, shares outstanding (in shares)	35,332,677	26,062,915

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Revenues	$ 11,900	$ 12,304	$ 34,847	$ 27,104
Cost of revenues	11,857	12,945	35,739	26,548
Gross (loss)/profit	43	(641)	(892)	556
Operating expenses
Sales and marketing expenses	58	58	159	293
General and administrative expenses	1,471	592	10,366	4,520
Research and development expenses	88	113	251	443
Total operating expenses	1,617	763	10,776	5,256
Loss from operations	(1,574)	(1,404)	(11,668)	(4,700)
Other income/(expenses)
Interest income/(expense), net	1	1	3	0
Other income/(expenses), net	(37)	(21)	265	(4)
Loss on disposal of long-term investments	0	0	(38)	0
Change in fair value of warrant liabilities	2,853	(64)	9,682	4
Total other income/(expenses)	2,817	(84)	9,912	0
(Loss)/income before income tax benefit and noncontrolling interests	1,243	(1,488)	(1,756)	(4,700)
Income tax benefit	131	155	171	87
Net (loss)/income	1,374	(1,333)	(1,585)	(4,613)
Net (income)/loss attributable to noncontrolling interests	1	0	(1)	2
Net (loss)/income attributable to ZW Data Action Technologies Inc.	1,375	(1,333)	(1,586)	(4,611)
Net (loss)/income	1,374	(1,333)	(1,585)	(4,613)
Foreign currency translation loss	(2)	(203)	(25)	(135)
Comprehensive (loss)/income	1,372	(1,536)	(1,610)	(4,748)
Comprehensive (income)/loss attributable to noncontrolling interests	0	2	(1)	3
Comprehensive (loss)/income attributable to ZW Data Action Technologies Inc.	$ 1,372	$ (1,534)	$ (1,611)	$ (4,745)
(Loss)/earnings per common share
Basic and diluted (in dollars per share)	$ 0.04	$ (0.06)	$ (0.05)	$ (0.22)
Weighted average number of common shares outstanding:
Basic and diluted (in shares)	35,332,220	21,720,259	32,279,304	21,271,301
Unrelated Parties [Member]
Revenues	$ 11,896	$ 12,300	$ 34,843	$ 27,086
Related Parties [Member]
Revenues	$ 4	$ 4	$ 4	$ 18

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Cash flows from operating activities
Net (loss)/income	$ (1,585)	$ (4,613)
Adjustments to reconcile net loss to net cash (used in)/provided by operating activities
Depreciation and amortization	450	622
Amortization of operating lease right-of-use assets	149	7
Share-based compensation expenses	6,945	2,066
Provision for allowances for doubtful accounts	0	751
Loss on disposal of long-term investments	38	0
Deferred taxes	(171)	(87)
Change in fair value of warrant liabilities	(9,682)	(4)
Other losses	24	0
Changes in operating assets and liabilities
Accounts receivable	(257)	254
Prepayment and deposit to suppliers	(1,698)	1,077
Due from related parties	0	24
Other current assets	6	(5)
Long-term deposits and prepayments	(314)	(375)
Accounts payable	142	137
Advance from customers	(133)	754
Accrued payroll and other accruals	126	55
Other current liabilities	(230)	(38)
Taxes payable	(31)	8
Lease payment liability related to short-term leases	(54)	81
Operating lease liabilities	(73)	(9)
Net cash (used in)/provided by operating activities	(6,600)	595
Cash flows from investing activities
Payment for leasehold improvements and purchase of vehicles, furniture and office equipment	(306)	0
Cash effect of deconsolidation of VIEs’ subsidiaries	(8)	0
Investments and advances to ownership investee entities	(1,919)	(27)
Short-term loan to an unrelated party	(1,507)	(944)
Repayment of short-term loan from an unrelated party	1,303	0
Payment for purchase of software technologies	(1,160)	0
Deposit and prepayment paid for contracts of other investing activities	(2,500)	0
Payment for blockchain platform applications development costs	0	(302)
Net cash used in investing activities	(6,097)	(1,273)
Cash flows from financing activities
Proceeds from issuance of common stock and warrant (net of cash offering cost of US$1,600)	17,111
Repayment of short-term bank loan	0	(429)
Net cash provided by/(used in) financing activities	17,111	(429)
Effect of exchange rate fluctuation on cash and cash equivalents	20	4
Net increase/(decrease) in cash and cash equivalents	4,434	(1,103)
Cash and cash equivalents at beginning of the period	4,297	1,603
Cash and cash equivalents at end of the period	8,731	500
Supplemental disclosure of cash flow information
Income taxes paid	0	0
Interest expense paid	$ 0	$ 2

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Changes in Equity (Unaudited) - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Statutory Reserves [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Noncontrolling Interest [Member]	Total
Balance (in shares) at Dec. 31, 2019	19,629,403
Balance at Dec. 31, 2019	$ 20	$ 43,111	$ 2,607	$ (35,773)	$ 1,505	$ (57)	$ 11,413
Share-based compensation in exchange for services from employees and directors (in shares)	1,632,523
Share-based compensation in exchange for services from employees and directors	$ 2	1,905	0	0	0	0	1,907
Net income (loss) for the period	0	0	0	(3,278)	0	(2)	(3,280)
Foreign currency translation adjustment	0	0	0	0	67	1	68
Net (loss)/income	$ 0	0	0	(3,278)	0	(2)	(3,280)
Share-based compensation in exchange for services from nonemployees (in shares)	430,000
Share-based compensation in exchange for services from nonemployees	$ 0	477	0	0	0	0	477
Balance (in shares) at Jun. 30, 2020	21,691,926
Balance at Jun. 30, 2020	$ 22	45,493	2,607	(39,051)	1,572	(58)	10,585
Balance (in shares) at Dec. 31, 2019	19,629,403
Balance at Dec. 31, 2019	$ 20	43,111	2,607	(35,773)	1,505	(57)	11,413
Net income (loss) for the period							(4,613)
Foreign currency translation adjustment							(135)
Net (loss)/income							(4,613)
Balance (in shares) at Sep. 30, 2020	21,741,926
Balance at Sep. 30, 2020	$ 22	45,569	2,607	(40,384)	1,371	(60)	9,125
Balance (in shares) at Jun. 30, 2020	21,691,926
Balance at Jun. 30, 2020	$ 22	45,493	2,607	(39,051)	1,572	(58)	10,585
Net income (loss) for the period	0	0	0	(1,333)	0	0	(1,333)
Foreign currency translation adjustment	0	0	0	0	(201)	(2)	(203)
Net (loss)/income	$ 0	0	0	(1,333)	0	0	(1,333)
Share-based compensation in exchange for services from nonemployees (in shares)	50,000
Share-based compensation in exchange for services from nonemployees	$ 0	76	0	0	0	0	76
Balance (in shares) at Sep. 30, 2020	21,741,926
Balance at Sep. 30, 2020	$ 22	45,569	2,607	(40,384)	1,371	(60)	9,125
Balance (in shares) at Dec. 31, 2020	26,062,915
Balance at Dec. 31, 2020	$ 26	49,772	2,598	(40,980)	1,129	(66)	12,479
Issuance of common stock for private placement, net of $10.48 million proceeds allocated to investor warrants labilities and $3.05 million direct offering costs (including $1.45 million proceeds allocated to placement agent warrants liabilities), respectively (in shares)	5,212,000
Issuance of common stock for private placement, net of $10.48 million proceeds allocated to investor warrants labilities and $3.05 million direct offering costs (including $1.45 million proceeds allocated to placement agent warrants liabilities), respectively	$ 5	5,185	0	0	0	0	5,190
Share-based compensation in exchange for services from employees and directors (in shares)	4,015,735
Share-based compensation in exchange for services from employees and directors	$ 4	6,699	0	0	0	0	6,703
Net income (loss) for the period	0	0	0	(2,961)	0	2	(2,959)
Foreign currency translation adjustment	0	0	0	0	(22)	(1)	(23)
Net (loss)/income	$ 0	0	0	(2,961)	0	2	(2,959)
Balance (in shares) at Jun. 30, 2021	35,290,650
Balance at Jun. 30, 2021	$ 35	61,656	2,598	(43,941)	1,107	(65)	21,390
Balance (in shares) at Dec. 31, 2020	26,062,915
Balance at Dec. 31, 2020	$ 26	49,772	2,598	(40,980)	1,129	(66)	12,479
Net income (loss) for the period							(1,585)
Foreign currency translation adjustment							(25)
Net (loss)/income							(1,585)
Balance (in shares) at Sep. 30, 2021	35,332,677
Balance at Sep. 30, 2021	$ 35	61,761	2,598	(42,566)	1,104	(65)	22,867
Balance (in shares) at Jun. 30, 2021	35,290,650
Balance at Jun. 30, 2021	$ 35	61,656	2,598	(43,941)	1,107	(65)	21,390
Share-based compensation in exchange for services from employees and directors (in shares)	0
Share-based compensation in exchange for services from employees and directors	$ 0	23	0	0	0	0	23
Net income (loss) for the period	0	0	0	1,375	0	(1)	1,374
Foreign currency translation adjustment	$ 0	0	0	0	(3)	1	(2)
Cashless exercise of warrants (in shares)	42,027
Cashless exercise of warrants	$ 0	82	0	0	0	0	82
Net (loss)/income	$ 0	0	0	1,375	0	(1)	1,374
Balance (in shares) at Sep. 30, 2021	35,332,677
Balance at Sep. 30, 2021	$ 35	$ 61,761	$ 2,598	$ (42,566)	$ 1,104	$ (65)	$ 22,867

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Changes in Equity (Unaudited) (Parentheticals)	6 Months Ended
	Jun. 30, 2021USD ($)
Investor Warrants [Member] | Private Placement [Member]
Proceeds allocated to warrant liabilities	$ 10,480,000
Investor Warrants [Member]
Proceeds allocated to warrant liabilities	3,257,000
Private Placement Agent Costs [Member] | Private Placement [Member]
Proceeds allocated to warrant liabilities	1,450,000
Investor Costs [Member]
Direct offering costs	3,050,000
Proceeds allocated to warrant liabilities	$ 6,597

Note 1 - Organization and Natur

Note 1 - Organization and Nature of Operations	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Nature of Operations [Text Block]	1. Organization and nature of operations ZW Data Action Technologies Inc. (f/k/a ChinaNet Online Holdings, Inc.) (the “Company”) was incorporated in the State of Texas in April 2006 October 2006. June 26, 2009, O2O

Note 2 - Variable Interest Enti

Note 2 - Variable Interest Entities	9 Months Ended
	Sep. 30, 2021
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 September 30, 2021 December 31, 2020, September 30, 2021 December 31, US$( 000) US$( 000) (Unaudited) Assets Current assets: Cash and cash equivalents $ 143 $ 277 Accounts receivable, net 2,155 1,142 Prepayment and deposit to suppliers 4,233 2,818 Due from related parties 96 61 Other current assets 3 10 Total current assets 6,630 4,308 Long-term investments 449 67 Operating lease right-of-use assets 23 48 Property and equipment, net 86 32 Intangible assets, net - 9 Long-term deposits and prepayments 88 - Deferred tax assets, net 436 536 Total Assets $ 7,712 $ 5,000 Liabilities Current liabilities: Accounts payable $ 750 $ 270 Advance from customers 1,108 1,436 Accrued payroll and other accruals 75 168 Taxes payable 2,737 2,755 Operating lease liabilities 9 18 Lease payment liability related to short-term leases 109 108 Other current liabilities 73 213 Total current liabilities 4,861 4,968 Operating lease liabilities-Non current 10 32 Total Liabilities $ 4,871 $ 5,000 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 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 nine three September 30, 2021 2020, Nine Months Ended September 30, Three Months Ended September 30, 2021 2020 2021 2020 US$( 000) US$( 000) US$( 000) US$( 000) (Unaudited) (Unaudited) (Unaudited) (Unaudited) Revenues $ 30,932 $ 23,683 $ 10,314 $ 11,135 Cost of revenues (34,614 ) (24,051 ) (11,482 ) (11,729 ) Total operating expenses (1,184 ) (1,515 ) (472 ) (123 ) Net loss before allocation to noncontrolling interests (5,062 ) (1,802 ) (1,655 ) (642 )

Note 3 - Summary of Significant

Note 3 - Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2021
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 September 30, 2021 nine three September 30, 2021 2020 10 December 31, 2020, “2020 10 April 13, 2021. 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 September 30, 2021, nine three September 30, 2021 2020, nine September 30, 2021 2020, not b) Principles of consolidation The unaudited condensed consolidated interim financial statements include the accounts of all the subsidiaries and VIEs of the Company. All transactions 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 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: September 30, 2021 December 31, 2020 Balance sheet items, except for equity accounts 6.4854 6.5249 Nine Months Ended September 30, 2021 2020 Items in the statements of operations and comprehensive loss 6.4714 6.9917 Three Months Ended September 30, 2021 2020 Items in the statements of operations and comprehensive loss 6.4707 6.9205 No e) Fair value measurement Liabilities measured at fair value on a recurring basis by level within the fair value hierarchy as of September 30, 2021 December 31, 2020 Fair value measurement at reporting date using As of September 30, 2021 Quoted Prices in Active Markets for Identical Assets/Liabilities (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) US$( 000) US$( 000) US$( 000) US$( 000) (Unaudited) Warrant liabilities (Note 16) 3,686 - - 3,686 Fair value measurement at reporting date using As of December 31, 2020 Quoted Prices in Active Markets for Identical Assets/Liabilities (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) US$( 000) US$( 000) US$( 000) US$( 000) Warrant liabilities (Note 16) 1,505 - - 1,505 f) Revenue recognition The following tables present the Company’s revenues disaggregated by products and services and timing of revenue recognition: Nine Months Ended September 30, Three Months Ended September 30, 2021 2020 2021 2020 US$( 000) US$( 000) US$( 000) US$( 000) (Unaudited) (Unaudited) (Unaudited) (Unaudited) Internet advertising and related services --distribution of the right to use search engine marketing service 28,613 18,004 9,648 8,706 --online advertising placements 5,720 5,679 2,125 2,429 --data and technical services - 900 - 300 Ecommerce O2O advertising and marketing services 514 1,276 127 269 Technical solution services - 1,245 - 600 Total revenues $ 34,847 $ 27,104 $ 11,900 $ 12,304 Nine Months Ended September 30, Three Months Ended September 30, 2021 2020 2021 2020 US$( 000) US$( 000) US$( 000) US$( 000) (Unaudited) (Unaudited) (Unaudited) (Unaudited) Revenue recognized over time 34,847 25,859 11,900 11,704 Revenue recognized at a point in time - 1,245 - 600 Total revenues $ 34,847 $ 27,104 $ 11,900 $ 12,304 Contract costs For the nine three September 30, 2021 2020, not Contract liabilities The table below summarized the movement of the Company’s contract liabilities for the nine September 30, 2021: Contract liabilities US$( 000) Balance as of January 1, 2021 1,436 Exchange translation adjustment 9 Revenue recognized from beginning contract liability balances (1,305 ) Advances received from customers related to unsatisfied performance obligations 1,171 Balance as of September 30, 2021 (Unaudited) $ 1,311 Advance from customers related to unsatisfied performance obligations are generally refundable. Refund of advance from customers were insignificant for the nine three September 30, 2021 2020. For the nine three September 30, 2021 2020, g) Research and development expenses The Company accounts for expenses for the enhancement, maintenance and technical support to the Company’s Internet platforms and intellectual properties that are used in its daily operations in research and development expenses. Research and development costs are charged to expense when incurred. Expenses for research and development for the nine September 30, 2021 2020 US$0.25 US$0.44 three September 30, 2021 2020 US$0.09 US$0.11 h) Lease As of September 30, 2021, US$2.04 US$2.12 Maturity of operating lease liabilities Operating leases US$( 000) (Unaudited) Three months ending December 31, 2021 73 Year ending December 31, -2022 315 -2023 330 -2024 336 -2025 353 -2026 370 -thereafter 866 Total undiscounted lease payments 2,643 Less: imputed interest (527 ) Total operating lease liabilities as of September 30, 2021 $ 2,116 Including: Operating lease liabilities 193 Operating lease liabilities-Non current 1,923 $ 2,116 Operating lease expenses: Nine Months Ended September 30, Three Months Ended September 30, 2021 2020 2021 2020 US$( 000) US$( 000) US$( 000) US$( 000) (Unaudited) (Unaudited) (Unaudited) (Unaudited) Long-term operating lease contracts 212 7 88 2 Short-term operating lease contracts 45 114 15 35 Total $ 257 $ 121 $ 103 $ 37 Supplemental information related to operating leases : Nine Months Ended September 30, 2021 (Unaudited) Operating cash flows used for operating leases (US$’000) 136 Right-of-use assets obtained in exchange for new lease liabilities (US$’000) 2,179 Weighted-average remaining lease term (years) 7.38 Weighted-average discount rate 6 %

Note 4 - Accounts Receivable, N

Note 4 - Accounts Receivable, Net	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Accounts Receivable Disclosure [Text Block]	4. Accounts receivable, net September 30, 2021 December 31, 2020 US$( 000) US$( 000) (Unaudited) Accounts receivable 4,867 6,654 Allowance for doubtful accounts (2,198 ) (4,247 ) Accounts receivable, net 2,669 2,407 All of the accounts receivable are non-interest bearing. Based on the assessment of the collectability of the accounts receivable as of September 30, 2021 December 31, 2020, US$2.20 US$4.25 six six nine three September 30, 2021, nine three September 30, 2020, US$0.75 nine September 30, 2021, US$2.08

Note 5 - Prepayments and Deposi

Note 5 - Prepayments and Deposit to Suppliers	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Prepayments and Deposits to Suppliers Disclosure [Text Block]	5. Prepayments and deposit to suppliers September 30, 2021 December 31, 2020 US$( 000) US$( 000) (Unaudited) Deposits to advertising resources providers 620 307 Prepayments to advertising resources providers 5,111 3,696 Deposit and prepayment for other investing contracts 2,500 - Other deposits and prepayments 442 654 8,673 4,657 As of September 30, 2021, US$1.0 no December 31, 2021, US$1.5 As of the date hereof, the Company is in the due diligence process for the potential merge and acquisition transaction. Due to the recent policies promulgated by the Chinese government which ban cryptocurrency mining business commencing in May 2021, US$1.5 2021.

Note 6 - Due From Related Parti

Note 6 - Due From Related Parties	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Due from Related Parties Disclosure [Text Block]	6. Due from related parties September 30, 2021 December 31, 2020 US$( 000) US$( 000) (Unaudited) Zhongwang Xiyue Technology (Beijing) Co., Ltd. (“Zhongwang Xiyue”) 61 61 Business Opportunity Chain (Guangzhou) Technology Co., Ltd. (“Business Opportunity Chain Guangzhou”) 8 - Guangzhou Gong Xiang Technology Co., Ltd. (“Gong Xiang Technology”) 27 - Due from related parties 96 61 Related parties of the Company represented the Company’s direct or indirect unconsolidated investee companies and entities that the Company’s officers or directors can exercise significant influence. As of September 30, 2021 December 31, 2020, As of September 30, 2021, December 31, 2021.

Note 7 - Other Current Assets

Note 7 - Other Current Assets	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Other Current Assets [Text Block]	7. Other current assets September 30, 2021 December 31,2020 Gross Allowance for doubtful accounts Net Gross Allowance for doubtful accounts Net US$( 000) US$( 000) US$( 000) US$( 000) US$( 000) US$( 000) (Unaudited) (Unaudited) (Unaudited) Staff advances for business operations 10 - 10 18 - 18 Short-term loan to an unrelated party 1,648 - 1,648 1,444 - 1,444 Total 1,658 - 1,658 1,462 - 1,462 As of September 30, 2021, March 2022.

Note 8 - Long-term Investments

Note 8 - Long-term Investments	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Equity Method Investments and Joint Ventures Disclosure [Text Block]	8. Long-term investments Amount US$( 000) Balance as of January 1, 2021 67 Cash investments during the year 1,882 Disposed during the year (38 ) Balance as of September 30, 2021 (Unaudited) 1,911 As of September 30, 2021, The Company measures these investments which do not For the nine September 30, 2021, US$1.0 US$0.46 US$0.23 US$0.11 US$0.08 In May 2021, US$0.04 nine September 30, 2021.

Note 9 - Property and Equipment

Note 9 - Property and Equipment, Net	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	9. Property and equipment, net September 30, 2021 December 31, 2020 US$( 000) US$( 000) (Unaudited) Vehicles 918 811 Office equipment 928 894 Electronic devices 618 615 Property and equipment, cost 2,464 2,320 Less: accumulated depreciation (2,274 ) (2,260 ) Property and equipment, net 190 60 Depreciation expenses for the nine September 30, 2021 2020 US$0.009 US$0.006 three September 30, 2021 2020 US$0.005 US$0.002

Note 10 - Intangible Assets, Ne

Note 10 - Intangible Assets, Net	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Intangible Assets Disclosure [Text Block]	10. Intangible assets, net As of September 30, 2021 (Unaudited) Items Gross Carrying Value Accumulated Amortization Impairment Net Carrying Value US$( 000) US$( 000) US$( 000) US$( 000) Intangible assets subject to amortization: Cloud compute software technology 1,431 (992 ) (439 ) - Internet Ad tracking system 1,161 (116 ) - 1,045 Live streaming technology 1,500 (250 ) - 1,250 Licensed products use right 1,206 (226 ) - 980 Other computer software 121 (121 ) - - Total $ 5,419 $ (1,705 ) $ (439 ) $ 3,275 As of December 31, 2020 Items Gross Carrying Value Accumulated Amortization Impairment Net Carrying Value US$( 000) US$( 000) US$( 000) US$( 000) Intangible assets subject to amortization: Cloud compute software technology 1,423 (978 ) (436 ) 9 Live streaming technology 1,500 (25 ) - 1,475 Licensed products use right 1,208 (135 ) - 1,073 Other computer software 120 (120 ) - - Total $ 4,251 $ (1,258 ) $ (436 ) $ 2,557 Amortization expenses for the nine September 30, 2021 2020 US$0.44 US$0.62 three September 30, 2021 2020 US$0.16 US$0.21 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 5.45 years as of September 30, 2021, no US$0.16 December 31, 2021, US $0.65 December 31, 2022 2024, US$0.63 December 31, 2025, US$0.18 December 31, 2026.

Note 11 - Blockchain Software A

Note 11 - Blockchain Software Application Platform Development Costs	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Research, Development, and Computer Software Disclosure [Text Block]	11. Blockchain software application platform development costs In 2018, two two US$4.50 RMB3.0 US$0.46 two September 30, 2021, 350 40 US$4.41 two 2020, September 30, 2021, fourth 2021,

Note 12 - Long-term Deposits an

Note 12 - Long-term Deposits and Prepayments	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Long-term Prepayments [Text Block]	12. Long-term deposits and prepayments As of September 30, 2021, US$0.31 not one September 30, 2021, US$0.17 October 2021.

Note 13 - Accrued Payroll and O

Note 13 - Accrued Payroll and Other Accruals	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Accounts Payable and Accrued Liabilities Disclosure [Text Block]	13. Accrued payroll and other accruals September 30, 2021 December 31, 2020 US$( 000) US$( 000) (Unaudited) Accrued payroll and staff welfare 174 229 Accrued operating expenses 176 260 350 489

Note 14 - Taxation

Note 14 - Taxation	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Income Tax Disclosure [Text Block]	14. Taxation As of September 30, 2021 December 31, 2020, September 30, 2021 December 31, 2020 US$( 000) US$( 000) (Unaudited) Turnover tax and surcharge payable 1,326 1,353 Enterprise income tax payable 2,088 2,077 Total taxes payable 3,414 3,430 For the nine three September 30, 2021 2020, Nine Months Ended September 30, Three Months Ended September 30, 2021 2020 2021 2020 US$( 000) US$( 000) US$( 000) US$( 000) (Unaudited) (Unaudited) (Unaudited) (Unaudited) Current - - - 57 Deferred 171 87 131 98 Income tax benefit 171 87 131 155 The Company’s deferred tax assets as of September 30, 2021 December 31, 2020 September 30, 2021 December 31, 2020 US$( 000) US$( 000) (Unaudited) Tax effect of net operating losses carried forward 12,457 10,123 Operating lease cost 20 - Bad debts provision 330 728 Valuation allowance (12,026 ) (10,245 ) Deferred tax assets, net 781 606 The U.S. holding company has incurred aggregate NOLs of approximately US$30.7 US$23.3 September 30, 2021 December 31, 2020, December 31, 2017 2037. December 31, 2017 no December 31, 2017. not The NOLs carried forward incurred by the Company’s PRC subsidiaries and VIEs were approximately US$24.9 US$22.5 September 30, 2021 December 31, 2020, 2031 The Company recorded approximately US$12.0 US$10.2 September 30, 2021 December 31, 2020, not not For the nine three September 30, 2021, US$2.15 US$0.19 nine three September 30, 2020, US$0.90 US$0.14

Note 15 - Long-term Borrowing f

Note 15 - Long-term Borrowing from a Related Party	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Long-Term Borrowing from Director Disclosure [Text Block]	15. Long-term borrowing from a related party Long-term borrowing from a related party is a non-interest bearing loan from a related party of the Company relating to the original paid-in capital contribution in the Company’s wholly-owned subsidiary Rise King Century Technology Development (Beijing) Co., Ltd. (“Rise King WFOE”), which is not one

Note 16 - The Financing and War

Note 16 - The Financing and Warrant Liabilities	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Warrants Disclosure [Text Block]	16. The Financing and warrant liabilities The February 2021 On February 18, 2021 ( US$3.59 “February 2021 US$3.59 “2021 2021 February 18, 2021 August 18, 2024 ( third one US$18.7 February 2021 The placement agent of the February 2021 US$4.4875 “2021 2021 “2021 2021 August 18, 2021 ( six August 18, 2024 ( third one The initial exercise prices of the 2021 may 2021 2021 The 2021 may not 2021 may no not 61 st Accounting for securities issued in the February 2021 The Company determined that the Company’s common stock issued in the February 2021 no not The Company analyzed the 2021 February 2021 815 815, 2021 not 2021 2021 not 815, Fair value of the warrants The Company used Binomial model to determine the fair value of the 2021 As of February 18, 2021 2021 Investor 2021 Placement Agent Stock price $ 4.48 $ 4.48 Years to maturity 3.50 3.50 Risk-free interest rate 0.26 % 0.26 % Dividend yield - - Expected volatility 168 % 168 % Exercise Price $ 3.59 $ 4.4875 Fair value of the warrant $ 4.02 $ 3.96 Warrant liabilities (US$’000) $ 10,476 $ 1,445 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 is the contractual exercise price of the 2021 Allocation of gross proceeds from the February 2021 The Company allocated the total proceeds from the February 2021 Initial measurement (USD 000) Investor Warrants 10,476 Common Stock (par value and additional paid in capital) 8,235 Total proceeds from the Financing 18,711 The 2021 February 2021 2021 February 2021 Offering costs Offering costs in the amount of approximately US$3.05 US$1.31 US$0.29 2021 US$1.45 Subsequent measurement and changes in fair value of the warrant liabilities The Company issued warrants to certain institutional investors and the Company’s placement agent in the registered direct offerings consummated in February 2021, December 2020 January 2018, For the nine three September 30, 2021: Warrants issued in the February 2021 2021 Investor Warrants 2021 Placement Agent Warrants September 30, 2021 June 30, 2021 September 30, 2021 June 30, 2021 Stock price $ 1.26 $ 2.00 $ 1.26 $ 2.00 Years to maturity 2.88 3.14 2.88 3.14 Risk-free interest rate 0.50 % 0.48 % 0.50 % 0.48 % Dividend yield - - - - Expected volatility 115 % 114 % 115 % 114 % Exercise Price $ 3.59 $ 3.59 $ 4.4875 $ 4.4875 Fair value of the warrant $ 0.70 $ 1.25 $ 0.65 $ 1.18 Warrant liabilities (US$’000) $ 1,824 $ 3,257 $ 237 $ 431 Warrants issued in the 2020 On December 14, 2020, US$1.62 “2020 U$$2.03 “2020 2020 “2020 2020 “2020 2020 June 14, 2021 December 14, 2023. 2020 Investor Warrants and 2020 Placement Agent Warrants September 30, 2021 June 30, 2021 December 31, 2020 Stock price $ 1.26 $ 2.00 $ 1.35 Years to maturity 2.20 2.45 2.95 Risk-free interest rate 0.34 % 0.34 % 0.17 % Dividend yield - - - Expected volatility 122 % 120 % 102 % Exercise Price $ 2.03 $ 2.03 $ 2.03 Fair value of the warrant $ 0.80 $ 1.40 $ 0.74 Investor warrants liabilities (US$’000) $ 1,383 $ 2,420 $ 1,279 Placement agent warrants liabilities (US$’000) $ 242 $ 423 $ 224 Warrants issued in the 2018 On January 17, 2018, US$5.15 2018 “2018 2018 July 18, 2020. 2018 US$6.60 three “2018 2018 “2018 September 25, 2019, 2018 US$1.4927. January 18, 2021, 2018 July 18, 2021. 2018 Placement Agent Warrants July 2, 2021 * June 30, 2021 December 31, 2020 Stock price $ 1.94 $ 2.00 $ 1.35 Years to maturity 0.04 0.05 0.05 Risk-free interest rate 0.05 % 0.04 % 0.08 % Dividend yield - - - Expected volatility 75 % 74 % 59 % Exercise Price $ 1.4927 $ 1.4927 $ 1.4927 Fair value of the warrant $ 0.45 $ 0.51 $ 0.02 Warrant liabilities (US$’000) $ 58 $ 66 $ 2 * 2018 July 2, 2021. US$0.02 For the nine three September 30, 2020: Warrants issued in the 2018 2018 Investors warrants 2018 Placement agent warrants September 30, 2020 # June 30, 2020 December 31, 2019 September 30, 2020 June 30, 2020 December 31, 2019 Stock price $ 1.00 $ 1.17 $ 2.02 $ 1.00 $ 1.17 Years to maturity 0.05 0.55 0.30 0.55 1.05 Risk-free interest rate 0.19 % 1.58 % 0.13 % 0.18 % 1.57 % Dividend yield - - - - - Expected volatility 143 % 60 % 133 % 112 % 80 % Exercise Price $ 1.4927 $ 1.4927 $ 1.4927 $ 1.4927 $ 1.4927 Fair value of the warrant $ - $ 0.02 $ 0.11 $ 0.80 $ 0.20 $ 0.28 Warrant Liabilities (US$’000) $ - $ 13 $ 71 $ 103 $ 26 $ 36 # The 2018 three September 30, 2020. Changes in fair value of warrant liabilities Nine and Three Months Ended September 30, 2021 ( Change in Fair Value (gain)/loss As of September 30, 2021 As of July 2, 2021 As of June 30, 2021 As of February 18, 2021 As of December 31, 2020 Nine Months Ended September 30, 2021 Three Months Ended September 30, 2021 (US$ 000) (US$ 000) (US$ 000) (US$ 000) (US$ 000) (US$ 000) (US$ 000) Warrants issued in the February 2021 Financing: --Investor Warrants 1,824 * 3,257 10,476 * (8,652 ) (1,433 ) --Placement Agent Warrants 237 * 431 1,445 * (1,208 ) (194 ) Warrants issued in the 2020 Financing: --Investor Warrants 1,383 * 2,420 * 1,279 104 (1,037 ) --Placement Agent Warrants 242 * 423 * 224 18 (181 ) Warrants issued in the 2018 Financing: --Placement Agent Warrants - 58 66 * 2 56 (8 ) 3,686 58 6,597 11,921 1,505 (9,682 ) (2,853 ) Nine and Three Months Ended September 30, 2020 ( Change in Fair Value (gain)/loss As of September 30, 2020 As of June 30, 2020 As of December 31, 2019 Nine Months Ended September 30, 2020 Three Months Ended September 30, 2020 (US$ 000) (US$ 000) (US$ 000) (US$ 000) (US$ 000) Warrants issued in the 2018 Financing: --Investor Warrants - 13 71 (71 ) (13 ) --Placement Agent Warrants 103 26 36 67 77 103 39 107 (4 ) 64 Warrants issued and outstanding as of September 30, 2021 nine Warrant Outstanding Warrant Exercisable Number of underlying shares Weighted Weighted Number of underlying shares Weighted Weighted Balance, January 1, 2021 2,159,865 2.78 $ 2.00 129,000 0.05 $ 1.4927 Granted/Vested 2,970,840 2.88 $ 3.70 5,001,705 2.61 $ 3.02 Forfeited - - Exercised (129,000 ) $ 1.4927 (129,000 ) $ 1.4927 Balance, September 30, 2021 (Unaudited) 5,001,705 2.61 $ 3.02 5,001,705 2.61 $ 3.02

Note 17 - Restricted Net Assets

Note 17 - Restricted Net Assets	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Restricted Assets Disclosure [Text Block]	17. Restricted net assets As substantially all 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% of its annual after-tax profit to the general reserve until such reserve has reached 50% of its registered capital based on the enterprise’s PRC statutory accounts. Appropriations to the enterprise expansion fund and staff welfare and bonus fund are at the discretion of the board of directors. The aforementioned reserves can only be used for specific purposes and are not not In accordance with 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 September 30, 2021 December 31, 2020, US$13.2 US$8.2 The current PRC Enterprise Income Tax (“EIT”) Law also imposes a 10% withholding income tax for dividends distributed by a foreign invested enterprise to its immediate holding company outside China. A lower withholding tax rate will be applied if there is a tax treaty arrangement between mainland China and the jurisdiction of the foreign holding company. 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: ● Foreign Exchange Administration Rules ( 1996 August 2008, ● 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 converting of Chinese Renminbi into foreign currency for current account items, conversion of Chinese 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

Note 18 - Employee Defined Cont

Note 18 - Employee Defined Contribution Plan	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Retirement Benefits [Text Block]	18. 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$0.17 US$0.08 nine September 30, 2021 2020, US$0.07 US$0.03 three September 30, 2021 2020,

Note 19 - Concentration of Risk

Note 19 - Concentration of Risk	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Concentration Risk Disclosure [Text Block]	19. 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 deposits and loans to unrelated parties. As of September 30, 2021, Concentration of customers The following tables summarized the information about the Company’s concentration of customers for the nine three September 30, 2021 2020, Customer A Customer B Customer C Customer D Customer E Customer F Customer G Nine Months Ended September 30, 2021 Revenues, customer concentration risk 13% 11% * * * - - Three Months Ended September 30, 2021 Revenues, customer concentration risk 26% * * * * - - Nine Months Ended September 30, 2020 Revenues, customer concentration risk 16% - * - * * * Three Months Ended September 30, 2020 Revenues, customer concentration risk 21% - * - * * * As of September 30, 2021 Accounts receivable, customer concentration risk * - 24% 36% 19% - - As of December 31, 2020 Accounts receivable, customer concentration risk * - 28% - - 27% 21% * Less than 10%. - No Concentration of suppliers The following tables summarized the information about the Company’s concentration of suppliers for the nine three September 30, 2021 2020, Supplier A Supplier B Nine Months Ended September 30, 2021 Cost of revenues, supplier concentration risk 77% * Three Months Ended September 30, 2021 Cost of revenues, supplier concentration risk 85% * Nine Months Ended September 30, 2020 Cost of revenues, supplier concentration risk - 78% Three Months Ended September 30, 2020 Cost of revenues, supplier concentration risk - 78% * Less than 10%. - No

Note 20 - Commitments and Conti

Note 20 - Commitments and Contingencies	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	20. Commitments and contingencies In September 2021, RMB5.0 US$0.77 November 2021, first RMB2.0 US$0.31 June 30, 2022. In 2018, two third two US$4.96 September 30, 2021, US$4.41 December 31, 2021. The Company is currently not not may

Note 21 - Segment Reporting

Note 21 - Segment Reporting	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	21. Segment reporting The Company follows ASC Topic 280 Nine Months Ended September 30, 2021 ( Internet Ad and related service Ecommerce Blockchain technology Corporate Inter-segment and reconciling item Total US$ (‘000) US$ (‘000) US$ (‘000) US$ (‘000) US$ (‘000) US$ (‘000) Revenues 34,333 514 - - - 34,847 Cost of revenues 34,614 1,125 - - - 35,739 Total operating expenses 1,129 1,113 1 8,533 (1) - 10,776 Depreciation and amortization expense included in total operating expenses 223 225 1 1 - 450 Operating loss (1,410 ) (1,724 ) (1 ) (8,533 ) - (11,668 ) Change in fair value of warrant liabilities - - - 9,682 - 9,682 Net (loss)/income (1,230 ) (1,724 ) (2 ) 1,371 - (1,585 ) Expenditure for long-term assets 1,220 - - 246 - 1,466 Total assets-September 30, 2021 11,146 3,890 4,408 46,409 (30,938 ) 34,915 Total assets-December 31, 2020 8,310 3,206 4,409 27,766 (23,024 ) 20,667 ( 1 Including approximately US$6.95 Three Months Ended September 30, 2021 ( Internet Ad. and related service Ecommerce Blockchain technology Corporate Inter-segment and reconciling item Total US$ (‘000) US$ (‘000) US$ (‘000) US$ (‘000) US$ (‘000) US$ (‘000) Revenues 11,773 127 - - - 11,900 Cost of revenues 11,482 375 - - - 11,857 Total operating expenses 539 455 - 623 (1) - 1,617 Depreciation and amortization expense included in total operating expenses 93 75 - - - 168 Operating loss (248 ) (703 ) - (623 ) - (1,574 ) Change in fair value of warrant liabilities - - - 2,853 - 2,853 Net (loss)/income (264 ) (703 ) - 2,341 - 1,374 Expenditure for long-term assets - - - 85 - 85 ( 1 Including approximately US$0.09 Nine Months Ended September 30, 2020 ( Internet Ad and related service Ecommerce Blockchain technology Corporate Inter-segment and reconciling item Total US$ (‘000) US$ (‘000) US$ (‘000) US$ (‘000) US$ (‘000) US$ (‘000) Revenues 24,583 1,276 - 1,245 - 27,104 Cost of revenues 24,847 1,125 - 576 - 26,548 Total operating expenses 2,361 15 5 2,875 (1) - 5,256 Depreciation and amortization expense included in total operating expenses 617 - 2 3 - 622 Operating (loss)/income (2,625 ) 136 (5 ) (2,206 ) - (4,700 ) Change in fair value of warrant liabilities - - - 4 - 4 Expenditure for long-term assets - - 302 - - 302 Net (loss)/income (2,543 ) 110 (5 ) (2,175 ) - (4,613 ) ( 1 Including approximately US$2.07 Three Months Ended September 30, 2020 ( Internet Ad. and related service Ecommerce Blockchain technology Corporate Inter-segment and reconciling item Total US$ (‘000) US$ (‘000) US$ (‘000) US$ (‘000) US$ (‘000) US$ (‘000) Revenues 11,435 269 - 600 - 12,304 Cost of revenues 11,994 375 - 576 - 12,945 Total operating expenses 409 6 1 347 (1) - 763 Depreciation and amortization expense included in total operating expenses 205 - 1 1 - 207 Operating loss (968 ) (112 ) (1 ) (323 ) - (1,404 ) Change in fair value of warrant liabilities - - - (64 ) - (64 ) Net loss (893 ) (94 ) (1 ) (345 ) - (1,333 ) ( 1 Including approximately US$0.08

Note 22 - (Loss) Earnings Per S

Note 22 - (Loss) Earnings Per Share	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Earnings Per Share [Text Block]	22. (Loss)/earnings per share Basic and diluted (loss)/earnings 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): Nine Months Ended September 30, Three Months Ended September 30, 2021 2020 2021 2020 (Unaudited) (Unaudited) (Unaudited) (Unaudited) Net (loss)/income attributable to ZW Data Action Technologies Inc. (numerator for basic and diluted loss per share) $ (1,586 ) $ (4,611 ) $ 1,375 $ (1,333 ) Weighted average number of common shares outstanding -Basic and diluted 32,279,304 21,271,301 35,332,220 21,720,259 (Loss)/earnings per share-Basic and diluted $ (0.05 ) $ (0.22 ) $ 0.04 $ (0.06 ) For the nine three September 30, 2021 2020, not

Note 23 - Share-based Compensat

Note 23 - Share-based Compensation Expenses	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Share-based Payment Arrangement [Text Block]	23. Share-based compensation expenses In May 2021, 2020 US$1.67 US$6.66 nine September 30, 2021. In March 2021, 2020 one December 31, 2021. US$3.13 nine three September 30, 2021 US$0.07 US$0.02 For the nine three September 30, 2021, US$0.22 US$0.07 two March 2020 August 2020, During the first nine 2020, 2015 US$1.92 US$0.01 nine three September 30, 2020, During the first nine 2020, two not nine three September 30, 2020 US$0.15 US$0.07 The table below summarized share-based compensation expenses recorded for the nine three September 30, 2021 2020, Nine Months Ended September 30, Three Months Ended September 30, 2021 2020 2021 2020 US$( 000) US$( 000) US$( 000) US$( 000) (Unaudited) (Unaudited) (Unaudited) (Unaudited) Sales and marketing expenses - 122 - - General and administrative expenses 6,945 1,798 88 79 Research and development expenses - 146 - - Total 6,945 2,066 88 79 The aggregate unrecognized share-based compensation expenses as of September 30, 2021 US$0.12 US$0.08 December 31, 2021 US$0.04 December 31, 2022. Options issued and outstanding as of September 30, 2021 nine Option Outstanding Option Exercisable Number of underlying shares Weighted Weighted Number of underlying shares Weighted Weighted Balance, January 1, 2021 277,976 0.91 $ 3.00 277,976 0.91 $ 3.00 Granted/Vested - - Expired - - Exercised - - Balance, September 30, 2021 (Unaudited) 277,976 0.16 $ 3.00 277,976 0.16 $ 3.00

Note 24 - Subsequent Events

Note 24 - Subsequent Events	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Subsequent Events [Text Block]	24. Subsequent events The Company primarily conducts its operations in the PRC. In January 2020, 19 first 2020. 19 19 19 may may 19 second 2020, no 19 Except for the above mentioned matters, no

Significant Accounting Policies

Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2021
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 September 30, 2021 nine three September 30, 2021 2020 10 December 31, 2020, “2020 10 April 13, 2021. 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 September 30, 2021, nine three September 30, 2021 2020, nine September 30, 2021 2020, not
Consolidation, Policy [Policy Text Block]	b) Principles of consolidation The unaudited condensed consolidated interim financial statements include the accounts of all the subsidiaries and VIEs of the Company. All transactions 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 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: September 30, 2021 December 31, 2020 Balance sheet items, except for equity accounts 6.4854 6.5249 Nine Months Ended September 30, 2021 2020 Items in the statements of operations and comprehensive loss 6.4714 6.9917 Three Months Ended September 30, 2021 2020 Items in the statements of operations and comprehensive loss 6.4707 6.9205 No
Fair Value Measurement, Policy [Policy Text Block]	e) Fair value measurement Liabilities measured at fair value on a recurring basis by level within the fair value hierarchy as of September 30, 2021 December 31, 2020 Fair value measurement at reporting date using As of September 30, 2021 Quoted Prices in Active Markets for Identical Assets/Liabilities (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) US$( 000) US$( 000) US$( 000) US$( 000) (Unaudited) Warrant liabilities (Note 16) 3,686 - - 3,686 Fair value measurement at reporting date using As of December 31, 2020 Quoted Prices in Active Markets for Identical Assets/Liabilities (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) US$( 000) US$( 000) US$( 000) US$( 000) Warrant liabilities (Note 16) 1,505 - - 1,505
Revenue from Contract with Customer [Policy Text Block]	f) Revenue recognition The following tables present the Company’s revenues disaggregated by products and services and timing of revenue recognition: Nine Months Ended September 30, Three Months Ended September 30, 2021 2020 2021 2020 US$( 000) US$( 000) US$( 000) US$( 000) (Unaudited) (Unaudited) (Unaudited) (Unaudited) Internet advertising and related services --distribution of the right to use search engine marketing service 28,613 18,004 9,648 8,706 --online advertising placements 5,720 5,679 2,125 2,429 --data and technical services - 900 - 300 Ecommerce O2O advertising and marketing services 514 1,276 127 269 Technical solution services - 1,245 - 600 Total revenues $ 34,847 $ 27,104 $ 11,900 $ 12,304 Nine Months Ended September 30, Three Months Ended September 30, 2021 2020 2021 2020 US$( 000) US$( 000) US$( 000) US$( 000) (Unaudited) (Unaudited) (Unaudited) (Unaudited) Revenue recognized over time 34,847 25,859 11,900 11,704 Revenue recognized at a point in time - 1,245 - 600 Total revenues $ 34,847 $ 27,104 $ 11,900 $ 12,304 Contract costs For the nine three September 30, 2021 2020, not Contract liabilities The table below summarized the movement of the Company’s contract liabilities for the nine September 30, 2021: Contract liabilities US$( 000) Balance as of January 1, 2021 1,436 Exchange translation adjustment 9 Revenue recognized from beginning contract liability balances (1,305 ) Advances received from customers related to unsatisfied performance obligations 1,171 Balance as of September 30, 2021 (Unaudited) $ 1,311 Advance from customers related to unsatisfied performance obligations are generally refundable. Refund of advance from customers were insignificant for the nine three September 30, 2021 2020. For the nine three September 30, 2021 2020,
Research and Development Expense, Policy [Policy Text Block]	g) Research and development expenses The Company accounts for expenses for the enhancement, maintenance and technical support to the Company’s Internet platforms and intellectual properties that are used in its daily operations in research and development expenses. Research and development costs are charged to expense when incurred. Expenses for research and development for the nine September 30, 2021 2020 US$0.25 US$0.44 three September 30, 2021 2020 US$0.09 US$0.11
Lessee, Leases [Policy Text Block]	h) Lease As of September 30, 2021, US$2.04 US$2.12 Maturity of operating lease liabilities Operating leases US$( 000) (Unaudited) Three months ending December 31, 2021 73 Year ending December 31, -2022 315 -2023 330 -2024 336 -2025 353 -2026 370 -thereafter 866 Total undiscounted lease payments 2,643 Less: imputed interest (527 ) Total operating lease liabilities as of September 30, 2021 $ 2,116 Including: Operating lease liabilities 193 Operating lease liabilities-Non current 1,923 $ 2,116 Operating lease expenses: Nine Months Ended September 30, Three Months Ended September 30, 2021 2020 2021 2020 US$( 000) US$( 000) US$( 000) US$( 000) (Unaudited) (Unaudited) (Unaudited) (Unaudited) Long-term operating lease contracts 212 7 88 2 Short-term operating lease contracts 45 114 15 35 Total $ 257 $ 121 $ 103 $ 37 Supplemental information related to operating leases : Nine Months Ended September 30, 2021 (Unaudited) Operating cash flows used for operating leases (US$’000) 136 Right-of-use assets obtained in exchange for new lease liabilities (US$’000) 2,179 Weighted-average remaining lease term (years) 7.38 Weighted-average discount rate 6 %

Note 2 - Variable Interest En_2

Note 2 - Variable Interest Entities (Tables)	9 Months Ended
	Sep. 30, 2021
Notes Tables
Schedule of Variable Interest Entities [Table Text Block]	September 30, 2021 December 31, US$( 000) US$( 000) (Unaudited) Assets Current assets: Cash and cash equivalents $ 143 $ 277 Accounts receivable, net 2,155 1,142 Prepayment and deposit to suppliers 4,233 2,818 Due from related parties 96 61 Other current assets 3 10 Total current assets 6,630 4,308 Long-term investments 449 67 Operating lease right-of-use assets 23 48 Property and equipment, net 86 32 Intangible assets, net - 9 Long-term deposits and prepayments 88 - Deferred tax assets, net 436 536 Total Assets $ 7,712 $ 5,000 Liabilities Current liabilities: Accounts payable $ 750 $ 270 Advance from customers 1,108 1,436 Accrued payroll and other accruals 75 168 Taxes payable 2,737 2,755 Operating lease liabilities 9 18 Lease payment liability related to short-term leases 109 108 Other current liabilities 73 213 Total current liabilities 4,861 4,968 Operating lease liabilities-Non current 10 32 Total Liabilities $ 4,871 $ 5,000
Financial Performance of VIEs [Table Text Block]	Nine Months Ended September 30, Three Months Ended September 30, 2021 2020 2021 2020 US$( 000) US$( 000) US$( 000) US$( 000) (Unaudited) (Unaudited) (Unaudited) (Unaudited) Revenues $ 30,932 $ 23,683 $ 10,314 $ 11,135 Cost of revenues (34,614 ) (24,051 ) (11,482 ) (11,729 ) Total operating expenses (1,184 ) (1,515 ) (472 ) (123 ) Net loss before allocation to noncontrolling interests (5,062 ) (1,802 ) (1,655 ) (642 )

Note 3 - Summary of Significa_2

Note 3 - Summary of Significant Accounting Policies (Tables)	9 Months Ended
	Sep. 30, 2021
Notes Tables
Foreign Currency Exchange Rates [Table Text Block]	September 30, 2021 December 31, 2020 Balance sheet items, except for equity accounts 6.4854 6.5249 Nine Months Ended September 30, 2021 2020 Items in the statements of operations and comprehensive loss 6.4714 6.9917 Three Months Ended September 30, 2021 2020 Items in the statements of operations and comprehensive loss 6.4707 6.9205
Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]	Fair value measurement at reporting date using As of September 30, 2021 Quoted Prices in Active Markets for Identical Assets/Liabilities (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) US$( 000) US$( 000) US$( 000) US$( 000) (Unaudited) Warrant liabilities (Note 16) 3,686 - - 3,686 Fair value measurement at reporting date using As of December 31, 2020 Quoted Prices in Active Markets for Identical Assets/Liabilities (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) US$( 000) US$( 000) US$( 000) US$( 000) Warrant liabilities (Note 16) 1,505 - - 1,505
Disaggregation of Revenue [Table Text Block]	Nine Months Ended September 30, Three Months Ended September 30, 2021 2020 2021 2020 US$( 000) US$( 000) US$( 000) US$( 000) (Unaudited) (Unaudited) (Unaudited) (Unaudited) Internet advertising and related services --distribution of the right to use search engine marketing service 28,613 18,004 9,648 8,706 --online advertising placements 5,720 5,679 2,125 2,429 --data and technical services - 900 - 300 Ecommerce O2O advertising and marketing services 514 1,276 127 269 Technical solution services - 1,245 - 600 Total revenues $ 34,847 $ 27,104 $ 11,900 $ 12,304 Nine Months Ended September 30, Three Months Ended September 30, 2021 2020 2021 2020 US$( 000) US$( 000) US$( 000) US$( 000) (Unaudited) (Unaudited) (Unaudited) (Unaudited) Revenue recognized over time 34,847 25,859 11,900 11,704 Revenue recognized at a point in time - 1,245 - 600 Total revenues $ 34,847 $ 27,104 $ 11,900 $ 12,304
Contract with Customer, Contract Asset, Contract Liability, and Receivable [Table Text Block]	Contract liabilities US$( 000) Balance as of January 1, 2021 1,436 Exchange translation adjustment 9 Revenue recognized from beginning contract liability balances (1,305 ) Advances received from customers related to unsatisfied performance obligations 1,171 Balance as of September 30, 2021 (Unaudited) $ 1,311
Lessee, Operating Lease, Liability, Maturity [Table Text Block]	Operating leases US$( 000) (Unaudited) Three months ending December 31, 2021 73 Year ending December 31, -2022 315 -2023 330 -2024 336 -2025 353 -2026 370 -thereafter 866 Total undiscounted lease payments 2,643 Less: imputed interest (527 ) Total operating lease liabilities as of September 30, 2021 $ 2,116 Including: Operating lease liabilities 193 Operating lease liabilities-Non current 1,923 $ 2,116
Lease, Cost [Table Text Block]	Nine Months Ended September 30, Three Months Ended September 30, 2021 2020 2021 2020 US$( 000) US$( 000) US$( 000) US$( 000) (Unaudited) (Unaudited) (Unaudited) (Unaudited) Long-term operating lease contracts 212 7 88 2 Short-term operating lease contracts 45 114 15 35 Total $ 257 $ 121 $ 103 $ 37 Nine Months Ended September 30, 2021 (Unaudited) Operating cash flows used for operating leases (US$’000) 136 Right-of-use assets obtained in exchange for new lease liabilities (US$’000) 2,179 Weighted-average remaining lease term (years) 7.38 Weighted-average discount rate 6 %

Note 4 - Accounts Receivable,_2

Note 4 - Accounts Receivable, Net (Tables)	9 Months Ended
	Sep. 30, 2021
Notes Tables
Schedule of Accounts Receivable [Table Text Block]	September 30, 2021 December 31, 2020 US$( 000) US$( 000) (Unaudited) Accounts receivable 4,867 6,654 Allowance for doubtful accounts (2,198 ) (4,247 ) Accounts receivable, net 2,669 2,407

Note 5 - Prepayments and Depo_2

Note 5 - Prepayments and Deposit to Suppliers (Tables)	9 Months Ended
	Sep. 30, 2021
Notes Tables
Schedule of Prepayments and Deposit to Suppliers [Table Text Block]	September 30, 2021 December 31, 2020 US$( 000) US$( 000) (Unaudited) Deposits to advertising resources providers 620 307 Prepayments to advertising resources providers 5,111 3,696 Deposit and prepayment for other investing contracts 2,500 - Other deposits and prepayments 442 654 8,673 4,657

Note 6 - Due From Related Par_2

Note 6 - Due From Related Parties (Tables)	9 Months Ended
	Sep. 30, 2021
Due From Related Parties [Member]
Notes Tables
Schedule of Related Party Transactions [Table Text Block]	September 30, 2021 December 31, 2020 US$( 000) US$( 000) (Unaudited) Zhongwang Xiyue Technology (Beijing) Co., Ltd. (“Zhongwang Xiyue”) 61 61 Business Opportunity Chain (Guangzhou) Technology Co., Ltd. (“Business Opportunity Chain Guangzhou”) 8 - Guangzhou Gong Xiang Technology Co., Ltd. (“Gong Xiang Technology”) 27 - Due from related parties 96 61

Note 7 - Other Current Assets (

Note 7 - Other Current Assets (Tables)	9 Months Ended
	Sep. 30, 2021
Notes Tables
Schedule of Other Receivables [Table Text Block]	September 30, 2021 December 31,2020 Gross Allowance for doubtful accounts Net Gross Allowance for doubtful accounts Net US$( 000) US$( 000) US$( 000) US$( 000) US$( 000) US$( 000) (Unaudited) (Unaudited) (Unaudited) Staff advances for business operations 10 - 10 18 - 18 Short-term loan to an unrelated party 1,648 - 1,648 1,444 - 1,444 Total 1,658 - 1,658 1,462 - 1,462

Note 8 - Long-term Investments

Note 8 - Long-term Investments (Tables)	9 Months Ended
	Sep. 30, 2021
Notes Tables
Other Investments Not Readily Marketable [Table Text Block]	Amount US$( 000) Balance as of January 1, 2021 67 Cash investments during the year 1,882 Disposed during the year (38 ) Balance as of September 30, 2021 (Unaudited) 1,911

Note 9 - Property and Equipme_2

Note 9 - Property and Equipment, Net (Tables)	9 Months Ended
	Sep. 30, 2021
Notes Tables
Schedule of Property and Equipment [Table Text Block]	September 30, 2021 December 31, 2020 US$( 000) US$( 000) (Unaudited) Vehicles 918 811 Office equipment 928 894 Electronic devices 618 615 Property and equipment, cost 2,464 2,320 Less: accumulated depreciation (2,274 ) (2,260 ) Property and equipment, net 190 60

Note 10 - Intangible Assets, _2

Note 10 - Intangible Assets, Net (Tables)	9 Months Ended
	Sep. 30, 2021
Notes Tables
Schedule of Finite and Indefinite-Lived Intangible Assets [Table Text Block]	As of September 30, 2021 (Unaudited) Items Gross Carrying Value Accumulated Amortization Impairment Net Carrying Value US$( 000) US$( 000) US$( 000) US$( 000) Intangible assets subject to amortization: Cloud compute software technology 1,431 (992 ) (439 ) - Internet Ad tracking system 1,161 (116 ) - 1,045 Live streaming technology 1,500 (250 ) - 1,250 Licensed products use right 1,206 (226 ) - 980 Other computer software 121 (121 ) - - Total $ 5,419 $ (1,705 ) $ (439 ) $ 3,275 As of December 31, 2020 Items Gross Carrying Value Accumulated Amortization Impairment Net Carrying Value US$( 000) US$( 000) US$( 000) US$( 000) Intangible assets subject to amortization: Cloud compute software technology 1,423 (978 ) (436 ) 9 Live streaming technology 1,500 (25 ) - 1,475 Licensed products use right 1,208 (135 ) - 1,073 Other computer software 120 (120 ) - - Total $ 4,251 $ (1,258 ) $ (436 ) $ 2,557

Note 13 - Accrued Payroll and_2

Note 13 - Accrued Payroll and Other Accruals (Tables)	9 Months Ended
	Sep. 30, 2021
Notes Tables
Schedule of Accrued Liabilities [Table Text Block]	September 30, 2021 December 31, 2020 US$( 000) US$( 000) (Unaudited) Accrued payroll and staff welfare 174 229 Accrued operating expenses 176 260 350 489

Note 14 - Taxation (Tables)

Note 14 - Taxation (Tables)	9 Months Ended
	Sep. 30, 2021
Notes Tables
Schedule Of Taxes Payable [Table Text Block]	September 30, 2021 December 31, 2020 US$( 000) US$( 000) (Unaudited) Turnover tax and surcharge payable 1,326 1,353 Enterprise income tax payable 2,088 2,077 Total taxes payable 3,414 3,430
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	Nine Months Ended September 30, Three Months Ended September 30, 2021 2020 2021 2020 US$( 000) US$( 000) US$( 000) US$( 000) (Unaudited) (Unaudited) (Unaudited) (Unaudited) Current - - - 57 Deferred 171 87 131 98 Income tax benefit 171 87 131 155
Schedule Of Deferred Tax Assets [Table Text Block]	September 30, 2021 December 31, 2020 US$( 000) US$( 000) (Unaudited) Tax effect of net operating losses carried forward 12,457 10,123 Operating lease cost 20 - Bad debts provision 330 728 Valuation allowance (12,026 ) (10,245 ) Deferred tax assets, net 781 606

Note 16 - The Financing and W_2

Note 16 - The Financing and Warrant Liabilities (Tables)	9 Months Ended
	Sep. 30, 2021
Notes Tables
Allocation of Proceeds from Issuance of Equity [Table Text Block]	Initial measurement (USD 000) Investor Warrants 10,476 Common Stock (par value and additional paid in capital) 8,235 Total proceeds from the Financing 18,711
Schedule of Warrant Liabilities [Table Text Block]	Change in Fair Value (gain)/loss As of September 30, 2021 As of July 2, 2021 As of June 30, 2021 As of February 18, 2021 As of December 31, 2020 Nine Months Ended September 30, 2021 Three Months Ended September 30, 2021 (US$ 000) (US$ 000) (US$ 000) (US$ 000) (US$ 000) (US$ 000) (US$ 000) Warrants issued in the February 2021 Financing: --Investor Warrants 1,824 * 3,257 10,476 * (8,652 ) (1,433 ) --Placement Agent Warrants 237 * 431 1,445 * (1,208 ) (194 ) Warrants issued in the 2020 Financing: --Investor Warrants 1,383 * 2,420 * 1,279 104 (1,037 ) --Placement Agent Warrants 242 * 423 * 224 18 (181 ) Warrants issued in the 2018 Financing: --Placement Agent Warrants - 58 66 * 2 56 (8 ) 3,686 58 6,597 11,921 1,505 (9,682 ) (2,853 ) Change in Fair Value (gain)/loss As of September 30, 2020 As of June 30, 2020 As of December 31, 2019 Nine Months Ended September 30, 2020 Three Months Ended September 30, 2020 (US$ 000) (US$ 000) (US$ 000) (US$ 000) (US$ 000) Warrants issued in the 2018 Financing: --Investor Warrants - 13 71 (71 ) (13 ) --Placement Agent Warrants 103 26 36 67 77 103 39 107 (4 ) 64
Schedule of Warrant Activity [Table Text Block]	Warrant Outstanding Warrant Exercisable Number of underlying shares Weighted Weighted Number of underlying shares Weighted Weighted Balance, January 1, 2021 2,159,865 2.78 $ 2.00 129,000 0.05 $ 1.4927 Granted/Vested 2,970,840 2.88 $ 3.70 5,001,705 2.61 $ 3.02 Forfeited - - Exercised (129,000 ) $ 1.4927 (129,000 ) $ 1.4927 Balance, September 30, 2021 (Unaudited) 5,001,705 2.61 $ 3.02 5,001,705 2.61 $ 3.02
Warrant [Member]
Notes Tables
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]	As of February 18, 2021 2021 Investor 2021 Placement Agent Stock price $ 4.48 $ 4.48 Years to maturity 3.50 3.50 Risk-free interest rate 0.26 % 0.26 % Dividend yield - - Expected volatility 168 % 168 % Exercise Price $ 3.59 $ 4.4875 Fair value of the warrant $ 4.02 $ 3.96 Warrant liabilities (US$’000) $ 10,476 $ 1,445 2021 Investor Warrants 2021 Placement Agent Warrants September 30, 2021 June 30, 2021 September 30, 2021 June 30, 2021 Stock price $ 1.26 $ 2.00 $ 1.26 $ 2.00 Years to maturity 2.88 3.14 2.88 3.14 Risk-free interest rate 0.50 % 0.48 % 0.50 % 0.48 % Dividend yield - - - - Expected volatility 115 % 114 % 115 % 114 % Exercise Price $ 3.59 $ 3.59 $ 4.4875 $ 4.4875 Fair value of the warrant $ 0.70 $ 1.25 $ 0.65 $ 1.18 Warrant liabilities (US$’000) $ 1,824 $ 3,257 $ 237 $ 431 2020 Investor Warrants and 2020 Placement Agent Warrants September 30, 2021 June 30, 2021 December 31, 2020 Stock price $ 1.26 $ 2.00 $ 1.35 Years to maturity 2.20 2.45 2.95 Risk-free interest rate 0.34 % 0.34 % 0.17 % Dividend yield - - - Expected volatility 122 % 120 % 102 % Exercise Price $ 2.03 $ 2.03 $ 2.03 Fair value of the warrant $ 0.80 $ 1.40 $ 0.74 Investor warrants liabilities (US$’000) $ 1,383 $ 2,420 $ 1,279 Placement agent warrants liabilities (US$’000) $ 242 $ 423 $ 224 2018 Placement Agent Warrants July 2, 2021 * June 30, 2021 December 31, 2020 Stock price $ 1.94 $ 2.00 $ 1.35 Years to maturity 0.04 0.05 0.05 Risk-free interest rate 0.05 % 0.04 % 0.08 % Dividend yield - - - Expected volatility 75 % 74 % 59 % Exercise Price $ 1.4927 $ 1.4927 $ 1.4927 Fair value of the warrant $ 0.45 $ 0.51 $ 0.02 Warrant liabilities (US$’000) $ 58 $ 66 $ 2 2018 Investors warrants 2018 Placement agent warrants September 30, 2020 # June 30, 2020 December 31, 2019 September 30, 2020 June 30, 2020 December 31, 2019 Stock price $ 1.00 $ 1.17 $ 2.02 $ 1.00 $ 1.17 Years to maturity 0.05 0.55 0.30 0.55 1.05 Risk-free interest rate 0.19 % 1.58 % 0.13 % 0.18 % 1.57 % Dividend yield - - - - - Expected volatility 143 % 60 % 133 % 112 % 80 % Exercise Price $ 1.4927 $ 1.4927 $ 1.4927 $ 1.4927 $ 1.4927 Fair value of the warrant $ - $ 0.02 $ 0.11 $ 0.80 $ 0.20 $ 0.28 Warrant Liabilities (US$’000) $ - $ 13 $ 71 $ 103 $ 26 $ 36

Note 19 - Concentration of Ri_2

Note 19 - Concentration of Risk (Tables)	9 Months Ended
	Sep. 30, 2021
Notes Tables
Schedules of Concentration of Risk, by Risk Factor [Table Text Block]	Customer A Customer B Customer C Customer D Customer E Customer F Customer G Nine Months Ended September 30, 2021 Revenues, customer concentration risk 13% 11% * * * - - Three Months Ended September 30, 2021 Revenues, customer concentration risk 26% * * * * - - Nine Months Ended September 30, 2020 Revenues, customer concentration risk 16% - * - * * * Three Months Ended September 30, 2020 Revenues, customer concentration risk 21% - * - * * * As of September 30, 2021 Accounts receivable, customer concentration risk * - 24% 36% 19% - - As of December 31, 2020 Accounts receivable, customer concentration risk * - 28% - - 27% 21% Supplier A Supplier B Nine Months Ended September 30, 2021 Cost of revenues, supplier concentration risk 77% * Three Months Ended September 30, 2021 Cost of revenues, supplier concentration risk 85% * Nine Months Ended September 30, 2020 Cost of revenues, supplier concentration risk - 78% Three Months Ended September 30, 2020 Cost of revenues, supplier concentration risk - 78%

Note 21 - Segment Reporting (Ta

Note 21 - Segment Reporting (Tables)	9 Months Ended
	Sep. 30, 2021
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Internet Ad and related service Ecommerce Blockchain technology Corporate Inter-segment and reconciling item Total US$ (‘000) US$ (‘000) US$ (‘000) US$ (‘000) US$ (‘000) US$ (‘000) Revenues 34,333 514 - - - 34,847 Cost of revenues 34,614 1,125 - - - 35,739 Total operating expenses 1,129 1,113 1 8,533 (1) - 10,776 Depreciation and amortization expense included in total operating expenses 223 225 1 1 - 450 Operating loss (1,410 ) (1,724 ) (1 ) (8,533 ) - (11,668 ) Change in fair value of warrant liabilities - - - 9,682 - 9,682 Net (loss)/income (1,230 ) (1,724 ) (2 ) 1,371 - (1,585 ) Expenditure for long-term assets 1,220 - - 246 - 1,466 Total assets-September 30, 2021 11,146 3,890 4,408 46,409 (30,938 ) 34,915 Total assets-December 31, 2020 8,310 3,206 4,409 27,766 (23,024 ) 20,667 Internet Ad. and related service Ecommerce Blockchain technology Corporate Inter-segment and reconciling item Total US$ (‘000) US$ (‘000) US$ (‘000) US$ (‘000) US$ (‘000) US$ (‘000) Revenues 11,773 127 - - - 11,900 Cost of revenues 11,482 375 - - - 11,857 Total operating expenses 539 455 - 623 (1) - 1,617 Depreciation and amortization expense included in total operating expenses 93 75 - - - 168 Operating loss (248 ) (703 ) - (623 ) - (1,574 ) Change in fair value of warrant liabilities - - - 2,853 - 2,853 Net (loss)/income (264 ) (703 ) - 2,341 - 1,374 Expenditure for long-term assets - - - 85 - 85 Internet Ad and related service Ecommerce Blockchain technology Corporate Inter-segment and reconciling item Total US$ (‘000) US$ (‘000) US$ (‘000) US$ (‘000) US$ (‘000) US$ (‘000) Revenues 24,583 1,276 - 1,245 - 27,104 Cost of revenues 24,847 1,125 - 576 - 26,548 Total operating expenses 2,361 15 5 2,875 (1) - 5,256 Depreciation and amortization expense included in total operating expenses 617 - 2 3 - 622 Operating (loss)/income (2,625 ) 136 (5 ) (2,206 ) - (4,700 ) Change in fair value of warrant liabilities - - - 4 - 4 Expenditure for long-term assets - - 302 - - 302 Net (loss)/income (2,543 ) 110 (5 ) (2,175 ) - (4,613 ) Internet Ad. and related service Ecommerce Blockchain technology Corporate Inter-segment and reconciling item Total US$ (‘000) US$ (‘000) US$ (‘000) US$ (‘000) US$ (‘000) US$ (‘000) Revenues 11,435 269 - 600 - 12,304 Cost of revenues 11,994 375 - 576 - 12,945 Total operating expenses 409 6 1 347 (1) - 763 Depreciation and amortization expense included in total operating expenses 205 - 1 1 - 207 Operating loss (968 ) (112 ) (1 ) (323 ) - (1,404 ) Change in fair value of warrant liabilities - - - (64 ) - (64 ) Net loss (893 ) (94 ) (1 ) (345 ) - (1,333 )

Note 22 - (Loss) Earnings Per_2

Note 22 - (Loss) Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2021
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Nine Months Ended September 30, Three Months Ended September 30, 2021 2020 2021 2020 (Unaudited) (Unaudited) (Unaudited) (Unaudited) Net (loss)/income attributable to ZW Data Action Technologies Inc. (numerator for basic and diluted loss per share) $ (1,586 ) $ (4,611 ) $ 1,375 $ (1,333 ) Weighted average number of common shares outstanding -Basic and diluted 32,279,304 21,271,301 35,332,220 21,720,259 (Loss)/earnings per share-Basic and diluted $ (0.05 ) $ (0.22 ) $ 0.04 $ (0.06 )

Note 23 - Share-based Compens_2

Note 23 - Share-based Compensation Expenses (Tables)	9 Months Ended
	Sep. 30, 2021
Notes Tables
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Table Text Block]	Nine Months Ended September 30, Three Months Ended September 30, 2021 2020 2021 2020 US$( 000) US$( 000) US$( 000) US$( 000) (Unaudited) (Unaudited) (Unaudited) (Unaudited) Sales and marketing expenses - 122 - - General and administrative expenses 6,945 1,798 88 79 Research and development expenses - 146 - - Total 6,945 2,066 88 79
Share-based Payment Arrangement, Option, Activity [Table Text Block]	Option Outstanding Option Exercisable Number of underlying shares Weighted Weighted Number of underlying shares Weighted Weighted Balance, January 1, 2021 277,976 0.91 $ 3.00 277,976 0.91 $ 3.00 Granted/Vested - - Expired - - Exercised - - Balance, September 30, 2021 (Unaudited) 277,976 0.16 $ 3.00 277,976 0.16 $ 3.00

Note 2 - Variable Interest En_3

Note 2 - Variable Interest Entities - Consolidated VIEs' Assets and Liabilities (Details) - USD ($) $ in Thousands		Sep. 30, 2021	Dec. 31, 2020
Cash and cash equivalents		$ 8,731	$ 4,297
Accounts receivable, net		2,669	2,407
Prepayment and deposit to suppliers		8,673	4,657
Due from related parties		96	61
Other current assets		1,658	1,462
Total current assets		21,827	12,884
Long-term investments		1,911	67
Operating Lease, Right-of-Use Asset		2,042	48
Property and equipment, net *		190	60
Intangible assets, net		3,275	2,557
Long-term deposits and prepayments		481	39
Deferred tax assets, net		781	606
Total Assets		34,915	20,667
Accounts payable		750	608
Advance from customers		1,311	1,436
Accrued payroll and other accruals		350	489
Taxes payable		3,414	3,430
Operating lease liabilities		193	18
Lease payment liability related to short-term leases		150	203
Other current liabilities		136	333
Total current liabilities		9,990	8,022
Operating lease liabilities-Non current	[1]	1,923	32
Total Liabilities		12,048	8,188
Variable Interest Entity, Primary Beneficiary [Member]
Cash and cash equivalents		143	277
Accounts receivable, net		2,155	1,142
Prepayment and deposit to suppliers		4,233	2,818
Due from related parties		96	61
Other current assets		3	10
Total current assets		6,630	4,308
Long-term investments		449	67
Operating Lease, Right-of-Use Asset		23	48
Property and equipment, net *		86	32
Intangible assets, net		0	9
Long-term deposits and prepayments		88	0
Deferred tax assets, net		436	536
Total Assets		7,712	5,000
Accounts payable		750	270
Advance from customers		1,108	1,436
Accrued payroll and other accruals		75	168
Taxes payable		2,737	2,755
Operating lease liabilities		9	18
Lease payment liability related to short-term leases		109	108
Other current liabilities		73	213
Total current liabilities		4,861	4,968
Operating lease liabilities-Non current		10	32
Total Liabilities		$ 4,871	$ 5,000
[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 En_4

Note 2 - Variable Interest Entities - Consolidated VIEs' Financial Performance (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Revenues	$ 11,900	$ 12,304			$ 34,847	$ 27,104
Cost of revenues	(11,857)	(12,945)			(35,739)	(26,548)
Total operating expenses	(1,617)	(763)			(10,776)	(5,256)
Net (loss)/income	1,374	(1,333)	$ (2,959)	$ (3,280)	(1,585)	(4,613)
Variable Interest Entity, Primary Beneficiary [Member]
Revenues	10,314	11,135			30,932	23,683
Cost of revenues	(11,482)	(11,729)			(34,614)	(24,051)
Total operating expenses	(472)	(123)			(1,184)	(1,515)
Net (loss)/income	$ (1,655)	$ (642)			$ (5,062)	$ (1,802)

Note 3 - Summary of Significa_3

Note 3 - Summary of Significant Accounting Policies (Details Textual) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Contract with Customer, Performance Obligation Satisfied in Previous Period	$ 0	$ 0	$ 0	$ 0
Research and Development Expense, Total	88	$ 113	251	$ 443
Operating Lease, Right-of-Use Asset	2,042		2,042		$ 48
Operating Lease, Liability, Total	$ 2,116		$ 2,116

Note 3 - Summary of Significa_4

Note 3 - Summary of Significant Accounting Policies - Exchange Rates Used to Translate Amounts In RMB Into US$ (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Balance sheet items, except for equity accounts	6.4854		6.4854		6.5249
Items in the statements of operations and comprehensive loss	6.4707	6.9205	6.4714	6.9917

Note 3 - Summary of Significa_5

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, Recurring [Member] - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Warrant liabilities (Note 16)	$ 3,686	$ 1,505
Fair Value, Inputs, Level 1 [Member]
Warrant liabilities (Note 16)	0	0
Fair Value, Inputs, Level 2 [Member]
Warrant liabilities (Note 16)	0	0
Fair Value, Inputs, Level 3 [Member]
Warrant liabilities (Note 16)	$ 3,686	$ 1,505

Note 3 - Summary of Significa_6

Note 3 - Summary of Significant Accounting Policies - Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Revenues	$ 11,900	$ 12,304	$ 34,847	$ 27,104
Search Engine Marketing and Data Service [Member]
Revenues	9,648	8,706	28,613	18,004
Online Advertising Placement [Member]
Revenues	2,125	2,429	5,720	5,679
Data and Technical Services [Member]
Revenues	0	300	0	900
Offline Advertising and Marketing Services [Member]
Revenues	127	269	514	1,276
Technical Solution Services [Member]
Revenues	0	600	0	1,245
Transferred over Time [Member]
Revenues	11,900	11,704	34,847	25,859
Transferred at Point in Time [Member]
Revenues	$ 0	$ 600	$ 0	$ 1,245

Note 3 - Summary of Significa_7

Note 3 - Summary of Significant Accounting Policies - Contract liabilities (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2021USD ($)
Balance	$ 1,436
Exchange translation adjustment	9
Revenue recognized from beginning contract liability balances	(1,305)
Advances received from customers related to unsatisfied performance obligations	1,171
Balance	$ 1,311

Note 3 - Summary of Significa_8

Note 3 - Summary of Significant Accounting Policies - Maturity of Operating Lease Liabilities (Details) - USD ($) $ in Thousands		Sep. 30, 2021	Dec. 31, 2020
Three months ending December 31, 2021		$ 73
-2022		315
-2023		330
-2024		336
-2025		353
-2026		370
-thereafter		866
Total undiscounted lease payments		2,643
Less: imputed interest		(527)
Total operating lease liabilities as of September 30, 2021		2,116
Operating lease liabilities		193	$ 18
Operating lease liabilities-Non current	[1]	$ 1,923	$ 32
[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 3 - Summary of Significa_9

Note 3 - Summary of Significant Accounting Policies - Operating Lease Expenses and Supplemental Information (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Long-term operating lease contracts	$ 88	$ 2	$ 212	$ 7
Short-term operating lease contracts	15	35	45	114
Total	$ 103	$ 37	257	$ 121
Operating cash flows used for operating leases (US$’000)			136
Right-of-use assets obtained in exchange for new lease liabilities (US$’000)			$ 2,179
Weighted-average remaining lease term (Year)	7 years 4 months 17 days		7 years 4 months 17 days
Weighted-average discount rate	6.00%		6.00%

Note 4 - Accounts Receivable,_3

Note 4 - Accounts Receivable, Net (Details Textual) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Accounts Receivable, Allowance for Credit Loss, Current	$ 2,198		$ 2,198		$ 4,247
Accounts Receivable, Credit Loss Expense (Reversal)			0	$ 751
Internet Advertising and TV Advertising [Member]
Accounts Receivable, Allowance for Credit Loss, Current	2,200		$ 2,200		$ 4,250
Number of Months Past Due (Month)			6 months
Accounts Receivable, Credit Loss Expense (Reversal)	$ 0	$ 0	$ 0	$ 750
Accounts Receivable, Allowance for Credit Loss, Writeoff			$ 2,080

Note 4 - Accounts Receivable,_4

Note 4 - Accounts Receivable, Net - Accounts Receivable, Net (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Accounts receivable	$ 4,867	$ 6,654
Allowance for doubtful accounts	(2,198)	(4,247)
Accounts receivable, net	$ 2,669	$ 2,407

Note 5 - Prepayments and Depo_3

Note 5 - Prepayments and Deposit to Suppliers (Details Textual) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2021USD ($)	Sep. 30, 2021USD ($)
Cryptocurrency Mining Machine Purchase [Member]
Purchase Agreement Prepayment		$ 1.5
Purchase Agreement, Expected Refund	$ 1.5
Potential Merger and Acquisition [Member]
Business Combination, Nonrefundable Deposit	$ 1	$ 1

Note 5 - Prepayments and Depo_4

Note 5 - Prepayments and Deposit to Suppliers - Prepayments and Deposit to Suppliers (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Prepayment and deposit to suppliers *	$ 8,673	$ 4,657
Deposits to TV Ad and Internet Ad Resources Providers [Member]
Prepayment and deposit to suppliers *	620	307
Prepayment to TV Ad and Internet Ad Resources Providers [Member]
Prepayment and deposit to suppliers *	5,111	3,696
Deposits and Prepayments for Other Investing Contracts [Member]
Prepayment and deposit to suppliers *	2,500	0
Other Deposits and Prepayments [Member]
Prepayment and deposit to suppliers *	$ 442	$ 654

Note 6 - Due From Related Par_3

Note 6 - Due From Related Parties - Due From Related Parties (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Due from related parties	$ 96	$ 61
Zhong Wang Xi Yue Technology (Beijing) Co. Ltd [Member]
Due from related parties, gross	61	61
Business Opportunity Chain (Guangzhou) Technology Co., Ltd. [Member]
Due from related parties, gross	8	0
Guangzhou Gong Xiang Technology Co. [Member]
Due from related parties, gross	$ 27	$ 0

Note 7 - Other Current Assets -

Note 7 - Other Current Assets - Summary of Other Receivables (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Other receivables, gross	$ 1,658	$ 1,462
Allowance for doubtful accounts	0	0
Other receivables, net	1,658	1,462
Staff Advances for Business Operations [Member]
Other receivables, gross	10	18
Allowance for doubtful accounts	0	0
Other receivables, net	10	18
Loan to Unrelated Party [Member]
Other receivables, gross	1,648	1,444
Allowance for doubtful accounts	0	0
Other receivables, net	$ 1,648	$ 1,444

Note 8 - Long-term Investment_2

Note 8 - Long-term Investments (Details Textual) - USD ($) $ in Thousands	1 Months Ended	9 Months Ended
	May 31, 2021	Sep. 30, 2021	Dec. 31, 2020
Equity Securities without Readily Determinable Fair Value, Amount		$ 1,911	$ 67
New Business Holdings Limited [Member]
Equity Securities without Readily Determinable Fair Value, Percent		15.38%
Equity Securities without Readily Determinable Fair Value, Amount		$ 1,000
Guang Dong WeFriend Co., Ltd [Member]
Equity Securities without Readily Determinable Fair Value, Percent		10.00%
Equity Securities without Readily Determinable Fair Value, Amount		$ 460
Guangzhou Gong Xiang Technology Co. [Member]
Equity Securities without Readily Determinable Fair Value, Percent		15.00%
Equity Securities without Readily Determinable Fair Value, Amount		$ 230
Xiao Peng Education [Member]
Equity Securities without Readily Determinable Fair Value, Percent		17.00%
Equity Securities without Readily Determinable Fair Value, Amount		$ 80
Business Opportunity Chain [Member]
Equity Securities without Readily Determinable Fair Value, Percent		19.00%
Equity Securities without Readily Determinable Fair Value, Amount		$ 110
Local Chain Xi’an [Member]
Equity Securities without Readily Determinable Fair Value, Percent, Disposed Of	4.90%
Gain (Loss) on Investments, Total		$ (40)

Note 8 - Long-term Investment_3

Note 8 - Long-term Investments - Summary of Long-term Investments (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2021USD ($)
Balance	$ 67
Cash investments during the year	1,882
Disposed during the year	(38)
Balance	$ 1,911

Note 9 - Property and Equipme_3

Note 9 - Property and Equipment, Net (Details Textual) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Depreciation, Total	$ 5	$ 2	$ 9	$ 6

Note 9 - Property and Equipme_4

Note 9 - Property and Equipment, Net - Property and Equipment, Net (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Property and equipment, gross	$ 2,464	$ 2,320
Less: accumulated depreciation	(2,274)	(2,260)
Property and equipment, net *	190	60
Vehicles [Member]
Property and equipment, gross	918	811
Office Equipment [Member]
Property and equipment, gross	928	894
Electronic Devices [Member]
Property and equipment, gross	$ 618	$ 615

Note 10 - Intangible Assets, _3

Note 10 - Intangible Assets, Net (Details Textual) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Amortization of Intangible Assets, Total	$ 160	$ 210	$ 440	$ 620
Finite-Lived Intangible Asset, Useful Life (Year)			5 years 5 months 12 days
Finite-Lived Intangible Asset, Expected Amortization, Remainder of Fiscal Year	160		$ 160
Finite-Lived Intangible Asset, Expected Amortization, Year One	650		650
Finite-Lived Intangible Asset, Expected Amortization, Year Four	630		630
Finite-Lived Intangible Asset, Expected Amortization, Year Five	180		180
Finite-Lived Intangible Asset, Expected Amortization, Year Two	650		650
Finite-Lived Intangible Asset, Expected Amortization, Year Three	$ 650		$ 650

Note 10 - Intangible Assets, _4

Note 10 - Intangible Assets, Net - Intangible Assets, Net (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Finite-lived intangible assets	$ 5,419	$ 4,251
Finite-lived intangible assets, Accumulated amortization	(1,705)	(1,258)
Finite-lived intangible assets, Impairment	(439)	(436)
Intangible assets, net *	3,275	2,557
Cloud-Computing Based Software Platforms [Member]
Finite-lived intangible assets	1,431	1,423
Finite-lived intangible assets, Accumulated amortization	(992)	(978)
Finite-lived intangible assets, Impairment	(439)	(436)
Intangible assets, net *	0	9
Internet Ad Tracking System [Member]
Finite-lived intangible assets	1,161
Finite-lived intangible assets, Accumulated amortization	(116)
Finite-lived intangible assets, Impairment	0
Intangible assets, net *	1,045
Livestreaming Technology [Member]
Finite-lived intangible assets	1,500	1,500
Finite-lived intangible assets, Accumulated amortization	(250)	(25)
Finite-lived intangible assets, Impairment	0	0
Intangible assets, net *	1,250	1,475
Licensing Agreements [Member]
Finite-lived intangible assets	1,206	1,208
Finite-lived intangible assets, Accumulated amortization	(226)	(135)
Finite-lived intangible assets, Impairment	0	0
Intangible assets, net *	980	1,073
Other Computer Software [Member]
Finite-lived intangible assets	121	120
Finite-lived intangible assets, Accumulated amortization	(121)	(120)
Finite-lived intangible assets, Impairment	0	0
Intangible assets, net *	$ 0	$ 0

Note 11 - Blockchain Software_2

Note 11 - Blockchain Software Application Platform Development Costs (Details Textual) $ in Thousands, ¥ in Millions	Sep. 30, 2021USD ($)	Dec. 31, 2018USD ($)	Mar. 31, 2018USD ($)	Mar. 31, 2018CNY (¥)
Capitalized Cost of Blockchain Technology Based Applications Development Costs	$ 4,410
Contract to Develop Blockchain Technology Based Applications [Member]
Application Development Contracts, Contract Amount		$ 4,960	$ 4,500
Contract to Develop Social Network Based Applications [Member]
Application Development Contracts, Contract Amount			$ 460	¥ 3

Note 12 - Long-term Deposits _2

Note 12 - Long-term Deposits and Prepayments (Details Textual) $ in Thousands	Sep. 30, 2021USD ($)
Long-term Deposits and Prepayments	$ 310
Prepayments for Leasehold Improvements	$ 170

Note 13 - Accrued Payroll and_3

Note 13 - Accrued Payroll and Other Accruals - Accrued Payroll and Other Accruals (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Accrued payroll and other accruals	$ 350	$ 489
Accrued Payroll and Staff Welfare [Member]
Accrued payroll and other accruals	174	229
Accrued Operating Expenses [Member]
Accrued payroll and other accruals	$ 176	$ 260

Note 14 - Taxation (Details Tex

Note 14 - Taxation (Details Textual) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Operating Loss Carryforwards, Total	$ 30,700		$ 30,700		$ 23,300
Operating Loss Carryforwards, Taxable Income Deduction Limitations	80.00%		80.00%
Deferred Tax Assets, Valuation Allowance, Total	$ 12,026		$ 12,026		10,245
Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount	190	$ 140	2,150	$ 900
PRC Subsidiary And VIE's [Member]
Operating Loss Carryforwards, Total	$ 24,900		$ 24,900		$ 22,500

Note 14 - Taxation - Taxes Paya

Note 14 - Taxation - Taxes Payable (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Turnover tax and surcharge payable	$ 1,326	$ 1,353
Enterprise income tax payable	2,088	2,077
Total taxes payable	$ 3,414	$ 3,430

Note 14 - Taxation - Income Tax

Note 14 - Taxation - Income Tax Expense (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Current	$ 0	$ 57	$ 0	$ 0
Deferred	131	98	171	87
Income tax benefit	$ 131	$ 155	$ 171	$ 87

Note 14 - Taxation - Deferred T

Note 14 - Taxation - Deferred Tax Assets (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Tax effect of net operating losses carried forward	$ 12,457	$ 10,123
Operating lease cost	20	0
Bad debts provision	330	728
Valuation allowance	(12,026)	(10,245)
Deferred tax assets, net	$ 781	$ 606

Note 16 - The Financing and W_3

Note 16 - The Financing and Warrant Liabilities (Details Textual) - USD ($)	Jul. 02, 2021	Feb. 18, 2021	Dec. 14, 2020	Jan. 17, 2018	Sep. 30, 2021	Jun. 30, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Dec. 31, 2019
Warrants and Rights Outstanding	$ 58	$ 11,921			$ 3,686	$ 6,597	$ 1,505	$ 103,000	$ 39,000	$ 107,000
Investor Warrants [Member]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in shares)		2,606,000	1,728,396	645,000
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share)		$ 3.59	$ 2.03
Warrants and Rights Outstanding		$ 10,476,000			1,824,000	3,257,000		0	13,000	71,000
Placement Agent Warrants [Member]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in shares)		364,840	302,469
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share)		$ 4.4875		$ 6.60
Warrants and Rights Outstanding		$ 1,445,000			237,000	431,000		$ 103,000	$ 26,000	$ 36,000
Warrants and Rights Outstanding, Term (Year)				3 years
Stock Issued During Period, Shares, Cashless Warrants Exercised (in shares)	40,000
Placement Agent Warrants [Member] | Other Nonoperating Income (Expense) [Member]
Gain (Loss), Exercise of Cashless Warrants	$ (20,000)
The Warrants [Member] | Minimum [Member]
Class of Warrant or Right, Beneficial Ownership Percentage		4.99%
The Warrants [Member] | Maximum [Member]
Class of Warrant or Right, Beneficial Ownership Percentage		9.99%
Warrants Issued January 17, 2018 Containing Full Ratchet Price Protection [Member]
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share)				$ 1.4927
Private Placement [Member]
Stock Issued During Period, Shares, New Issues (in shares)		5,212,000	4,320,989	2,150,001
Shares Issued, Price Per Share (in dollars per share)		$ 3.59	$ 1.62	$ 5.15
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in shares)				129,000
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share)				$ 6.60
Proceeds from Issuance or Sale of Equity, Total		$ 18,700,000			$ 18,711,000
Sale of Equity, Placement Fee, Percent		7.00%
Adjustments to Additional Paid in Capital, Stock Issued, Issuance Costs		$ 3,050,000
Placement Agent Fee		1,310,000
Stock Issuance Costs, Other Offering Costs		$ 290,000
Private Placement [Member] | Investor Warrants [Member]
Warrants and Rights Outstanding						$ 10,480,000

Note 16 - The Financing and W_4

Note 16 - The Financing and Warrant Liabilities - Fair Value of Warrants (Details)	Sep. 30, 2021USD ($)yr	Jul. 02, 2021USD ($)	Jun. 30, 2021USD ($)yr	Feb. 18, 2021USD ($)	Dec. 31, 2020USD ($)yr	Sep. 30, 2020USD ($)yr	Jun. 30, 2020USD ($)yr	Dec. 31, 2019USD ($)yr
Proceeds allocated to warrant liabilities	$ 3,686	$ 58	$ 6,597	$ 11,921	$ 1,505	$ 103,000	$ 39,000	$ 107,000
Investor Warrants [Member]
Proceeds allocated to warrant liabilities	$ 1,824,000		$ 3,257,000	$ 10,476,000		0	13,000	71,000
Investor Warrants [Member] | Measurement Input, Share Price [Member]
Fair value of the warrants	1.26		2	4.48
Investor Warrants [Member] | Measurement Input, Expected Term [Member]
Fair value of the warrants	2.88		3.14	3.50
Investor Warrants [Member] | Measurement Input, Risk Free Interest Rate [Member]
Fair value of the warrants	0.0050		0.0048	0.0026
Investor Warrants [Member] | Measurement Input, Expected Dividend Rate [Member]
Fair value of the warrants	0		0	0
Investor Warrants [Member] | Measurement Input, Price Volatility [Member]
Fair value of the warrants	1.15		1.14	1.68
Investor Warrants [Member] | Measurement Input, Exercise Price [Member]
Fair value of the warrants	3.59		3.59	3.59
Investor Warrants [Member] | Measurement Input, Quoted Price [Member]
Fair value of the warrants	0.70		1.25	4.02
Placement Agent Warrants [Member]
Proceeds allocated to warrant liabilities	$ 237,000		$ 431,000	$ 1,445,000		103,000	26,000	36,000
Placement Agent Warrants [Member] | Measurement Input, Share Price [Member]
Fair value of the warrants	1.26		2	4.48
Placement Agent Warrants [Member] | Measurement Input, Expected Term [Member]
Fair value of the warrants	2.88		3.14	3.50
Placement Agent Warrants [Member] | Measurement Input, Risk Free Interest Rate [Member]
Fair value of the warrants	0.0050		0.0048	0.0026
Placement Agent Warrants [Member] | Measurement Input, Expected Dividend Rate [Member]
Fair value of the warrants	0		0	0
Placement Agent Warrants [Member] | Measurement Input, Price Volatility [Member]
Fair value of the warrants	1.15		1.14	1.68
Placement Agent Warrants [Member] | Measurement Input, Exercise Price [Member]
Fair value of the warrants	4.4875		4.4875	4.4875
Placement Agent Warrants [Member] | Measurement Input, Quoted Price [Member]
Fair value of the warrants	0.65		1.18	3.96
Warrants Issued in Connection with the 2020 Financing [Member] | Measurement Input, Share Price [Member]
Fair value of the warrants	1.26		2		1.35
Warrants Issued in Connection with the 2020 Financing [Member] | Measurement Input, Expected Term [Member]
Fair value of the warrants | yr	2.20		2.45		2.95
Warrants Issued in Connection with the 2020 Financing [Member] | Measurement Input, Risk Free Interest Rate [Member]
Fair value of the warrants	0.0034		0.0034		0.0017
Warrants Issued in Connection with the 2020 Financing [Member] | Measurement Input, Expected Dividend Rate [Member]
Fair value of the warrants	0		0		0
Warrants Issued in Connection with the 2020 Financing [Member] | Measurement Input, Price Volatility [Member]
Fair value of the warrants	1.22		1.20		1.02
Warrants Issued in Connection with the 2020 Financing [Member] | Measurement Input, Exercise Price [Member]
Fair value of the warrants	2.03		2.03		2.03
Warrants Issued in Connection with the 2020 Financing [Member] | Measurement Input, Quoted Price [Member]
Fair value of the warrants	0.80		1.40		0.74
Investor Warrants Issued in Connection with 2020 Financing [Member]
Proceeds allocated to warrant liabilities	$ 1,383,000		$ 2,420,000		$ 1,279,000
Placement Agent Warrants Issued in Connection with 2020 Financing [Member]
Proceeds allocated to warrant liabilities	242,000		423,000		224,000
Investor Warrants Issued in Connection with 2018 Financing [Member]
Proceeds allocated to warrant liabilities		$ 58,000	$ 66,000		$ 2,000	$ 0	$ 13,000	$ 71,000
Investor Warrants Issued in Connection with 2018 Financing [Member] | Measurement Input, Share Price [Member]
Fair value of the warrants		1.94	2		1.35		1	1.17
Investor Warrants Issued in Connection with 2018 Financing [Member] | Measurement Input, Expected Term [Member]
Fair value of the warrants		0.04	0.05		0.05		0.05	0.55
Investor Warrants Issued in Connection with 2018 Financing [Member] | Measurement Input, Risk Free Interest Rate [Member]
Fair value of the warrants		0.0005	0.0004		0.0008		0.0019	0.0158
Investor Warrants Issued in Connection with 2018 Financing [Member] | Measurement Input, Expected Dividend Rate [Member]
Fair value of the warrants		0	0		0		0	0
Investor Warrants Issued in Connection with 2018 Financing [Member] | Measurement Input, Price Volatility [Member]
Fair value of the warrants		0.75	0.74		0.59		1.43	0.60
Investor Warrants Issued in Connection with 2018 Financing [Member] | Measurement Input, Exercise Price [Member]
Fair value of the warrants		1.4927	1.4927		1.4927		1.4927	1.4927
Investor Warrants Issued in Connection with 2018 Financing [Member] | Measurement Input, Quoted Price [Member]
Fair value of the warrants		0.45	0.51		0.02	0	0.02	0.11
Placement Agent Warrants Issued in Connection with 2018 Financing [Member]
Proceeds allocated to warrant liabilities	$ 0	$ 58	$ 66		$ 2	$ 103,000	$ 26,000	$ 36,000
Placement Agent Warrants Issued in Connection with 2018 Financing [Member] | Measurement Input, Share Price [Member]
Fair value of the warrants						2.02	1	1.17
Placement Agent Warrants Issued in Connection with 2018 Financing [Member] | Measurement Input, Expected Term [Member]
Fair value of the warrants | yr						0.30	0.55	1.05
Placement Agent Warrants Issued in Connection with 2018 Financing [Member] | Measurement Input, Risk Free Interest Rate [Member]
Fair value of the warrants						0.0013	0.0018	0.0157
Placement Agent Warrants Issued in Connection with 2018 Financing [Member] | Measurement Input, Expected Dividend Rate [Member]
Fair value of the warrants						0	0	0
Placement Agent Warrants Issued in Connection with 2018 Financing [Member] | Measurement Input, Price Volatility [Member]
Fair value of the warrants						1.33	1.12	0.80
Placement Agent Warrants Issued in Connection with 2018 Financing [Member] | Measurement Input, Exercise Price [Member]
Fair value of the warrants						1.4927	1.4927	1.4927
Placement Agent Warrants Issued in Connection with 2018 Financing [Member] | Measurement Input, Quoted Price [Member]
Fair value of the warrants						0.80	0.20	0.28

Note 16 - The Financing and W_5

Note 16 - The Financing and Warrant Liabilities - Allocation of Gross Proceeds From the Financing (Details) - Private Placement [Member] - USD ($) $ in Thousands	Feb. 18, 2021	Sep. 30, 2021
Investor Warrants		$ 10,476
Common Stock (par value and additional paid in capital)		8,235
Total proceeds from the Financing	$ 18,700	$ 18,711

Note 16 - The Financing and W_6

Note 16 - The Financing and Warrant Liabilities - Warrant Liabilities (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Jul. 02, 2021	Jun. 30, 2021	Feb. 18, 2021	Dec. 31, 2020	Jun. 30, 2020	Dec. 31, 2019
Proceeds allocated to warrant liabilities	$ 3,686	$ 103,000	$ 3,686	$ 103,000	$ 58	$ 6,597	$ 11,921	$ 1,505	$ 39,000	$ 107,000
Change in fair value of warrants	(2,853,000)	64,000	(9,682,000)	(4,000)
Investor Warrants [Member]
Proceeds allocated to warrant liabilities	1,824,000	0	1,824,000	0		3,257,000	10,476,000		13,000	71,000
Change in fair value of warrants	(1,433,000)	(13,000)	(8,652,000)	(71,000)
Placement Agent Warrants [Member]
Proceeds allocated to warrant liabilities	237,000	103,000	237,000	103,000		431,000	$ 1,445,000		26,000	36,000
Change in fair value of warrants	(194,000)	77,000	(1,208,000)	67,000
Investor Warrants Issued in Connection with 2020 Financing [Member]
Proceeds allocated to warrant liabilities	1,383,000		1,383,000			2,420,000		1,279,000
Change in fair value of warrants	(1,037,000)		104,000
Placement Agent Warrants Issued in Connection with 2020 Financing [Member]
Proceeds allocated to warrant liabilities	242,000		242,000			423,000		224,000
Change in fair value of warrants	(181,000)		18,000
Placement Agent Warrants Issued in Connection with 2018 Financing [Member]
Proceeds allocated to warrant liabilities	0	$ 103,000	0	$ 103,000	$ 58	$ 66		$ 2	$ 26,000	$ 36,000
Change in fair value of warrants	$ (8,000)		$ 56,000

Note 16 - The Financing and W_7

Note 16 - The Financing and Warrant Liabilities - Warrant Activity (Details) - $ / shares	9 Months Ended	12 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Balance (in shares)	2,159,865
Weighted average remaining contractual life (Year)	2 years 7 months 9 days	2 years 9 months 10 days
Weighted average exercise price (in dollars per share)	$ 2
Exercisable (in shares)	129,000
Exercisable, weighted average remaining contractual life (Year)	2 years 7 months 9 days	18 days
Exercisable, weighted average exercise price (in dollars per share)	$ 1.4927
Granted/Vested (in shares)	2,970,840
Granted/Vested, weighted average remaining contractual life (Year)	2 years 10 months 17 days
Granted/Vested, weighted average exercise price (in dollars per share)	$ 3.70
Granted/Vested, exercisable (in shares)	5,001,705
Granted/Vested, exercisable, weighted average remaining contractual life (Year)	2 years 7 months 9 days
Granted/Vested, exercisable, weighted average exercise price (in dollars per share)	$ 3.02
Forfeited (in shares)	0
Exercised (in shares)	(129,000)
Balance (in shares)	5,001,705	2,159,865
Weighted average exercise price (in dollars per share)	$ 3.02	$ 2
Exercisable (in shares)	5,001,705	129,000
Exercisable, weighted average exercise price (in dollars per share)	$ 3.02	$ 1.4927

Note 17 - Restricted Net Asse_2

Note 17 - Restricted Net Assets (Details Textual) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Amount of Restricted Net Assets for Consolidated and Unconsolidated Subsidiaries	$ 13.2	$ 8.2
Withholding Tax Rate Pursuant To EIT Law	10.00%
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 18 - Employee Defined Co_2

Note 18 - Employee Defined Contribution Plan (Details Textual) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Defined Contribution Plan, Cost	$ 70	$ 30	$ 170	$ 80

Note 19 - Concentration of Ri_3

Note 19 - Concentration of Risk (Details Textual)	Sep. 30, 2021
CHINA
Percent of Cash and Cash Equivalents Held by Major Financial Institutions	15.00%
UNITED STATES
Percent of Cash and Cash Equivalents Held by Major Financial Institutions	85.00%

Note 19 - Concentration of Ri_4

Note 19 - Concentration of Risk - Company's Concentration of Customers and Suppliers (Details)	3 Months Ended			9 Months Ended		12 Months Ended
	Sep. 30, 2021		Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Revenue Benchmark [Member] | Customer Concentration Risk [Member] | Customer A [Member]
Concentration risk	26.00%	[1]	21.00%	13.00%	16.00%
Revenue Benchmark [Member] | Customer Concentration Risk [Member] | Customer B [Member]
Concentration risk				11.00%
Cost Of Sales Total [Member] | Supplier Concentration Risk [Member] | Supplier A [Member]
Concentration risk	85.00%			77.00%
Cost Of Sales Total [Member] | Supplier Concentration Risk [Member] | Supplier B [Member]
Concentration risk			78.00%		78.00%
Accounts Receivable [Member] | Customer Concentration Risk [Member] | Customer C [Member]
Concentration risk				24.00%		28.00%
Accounts Receivable [Member] | Customer Concentration Risk [Member] | Customer D [Member]
Concentration risk				36.00%
Accounts Receivable [Member] | Customer Concentration Risk [Member] | Customer E [Member]
Concentration risk				19.00%			[1]
[1]	Less than 10%.

Note 20 - Commitments and Con_2

Note 20 - Commitments and Contingencies (Details Textual) $ in Thousands, ¥ in Millions	Nov. 05, 2021USD ($)	Nov. 05, 2021CNY (¥)	Sep. 30, 2021USD ($)	Sep. 30, 2020USD ($)	Sep. 30, 2021CNY (¥)	Dec. 31, 2020USD ($)	Dec. 31, 2018USD ($)	Mar. 31, 2018USD ($)
Equity Securities without Readily Determinable Fair Value, Amount			$ 1,911			$ 67
Payments to Acquire Long-term Investments			1,919	$ 27
Payment for Blockchain Technology Based Applications Development Costs			0	$ 302
Contract to Develop Blockchain Technology Based Applications [Member]
Application Development Contracts, Contract Amount							$ 4,960	$ 4,500
Payment for Blockchain Technology Based Applications Development Costs			$ 4,410
Shenzhen Global Best Products Import & Export Co. [Member]
Equity Securities without Readily Determinable Fair Value, Percent			9.09%		9.09%
Equity Securities without Readily Determinable Fair Value, Amount			$ 770		¥ 5
Shenzhen Global Best Products Import & Export Co. [Member] | Subsequent Event [Member]
Payments to Acquire Long-term Investments	$ 310	¥ 2

Note 21 - Segment Reporting (De

Note 21 - Segment Reporting (Details Textual) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Share-based Payment Arrangement, Expense	$ 88	$ 79	$ 6,945	$ 2,066

Note 21 - Segment Reporting - S

Note 21 - Segment Reporting - Summary of Segment Reporting Information (Details) - USD ($) $ in Thousands		3 Months Ended				6 Months Ended		9 Months Ended
		Sep. 30, 2021		Sep. 30, 2020		Jun. 30, 2021	Jun. 30, 2020	Sep. 30, 2021		Sep. 30, 2020		Dec. 31, 2020
Revenues		$ 11,900		$ 12,304				$ 34,847		$ 27,104
Cost of revenues		11,857		12,945				35,739		26,548
Total operating expenses		1,617		763				10,776		5,256
Depreciation and amortization expense included in total operating expenses		168		207						622
Operating (loss)/income		(1,574)		(1,404)				(11,668)		(4,700)
Change in fair value of warrant liabilities		2,853		(64)				9,682		4
Net (loss)/income		1,374		(1,333)		$ (2,959)	$ (3,280)	(1,585)		(4,613)
Expenditure for long-term assets		85						1,466		302
Total assets		34,915						34,915				$ 20,667
Net (loss)/income		1,374		(1,333)		$ (2,959)	$ (3,280)	(1,585)		(4,613)
Operating loss		(1,574)		(1,404)				(11,668)		(4,700)
Corporate, Non-Segment [Member]
Revenues				600						1,245
Cost of revenues				576						576
Total operating expenses		623	[1]	347	[2]			8,533	[3]	2,875	[4]
Depreciation and amortization expense included in total operating expenses				1				1		3
Operating (loss)/income		(623)		(323)				(8,533)		(2,206)
Change in fair value of warrant liabilities		2,853		(64)				9,682		4
Net (loss)/income		2,341		(345)				1,371		(2,175)
Expenditure for long-term assets		85						246
Total assets		46,409						46,409				27,766
Net (loss)/income		2,341		(345)				1,371		(2,175)
Operating loss		(623)		(323)				(8,533)		(2,206)
Intersegment Eliminations [Member]
Expenditure for long-term assets		0
Total assets		(30,938)						(30,938)				(23,024)
Internet Ad [Member] | Operating Segments [Member]
Revenues		11,773		11,435				34,333		24,583
Cost of revenues		11,482		11,994				34,614		24,847
Total operating expenses		539		409				1,129		2,361
Depreciation and amortization expense included in total operating expenses		93		205				223		617
Operating (loss)/income		(248)		(968)				(1,410)		(2,625)
Net (loss)/income		(264)		(893)				(1,230)		(2,543)
Expenditure for long-term assets								1,220
Total assets		11,146						11,146				8,310
Net (loss)/income		(264)		(893)				(1,230)		(2,543)
Operating loss		(248)		(968)				(1,410)		(2,625)
Ecommerce O2O Ad and Marketing Services [Member] | Operating Segments [Member]
Revenues		127		269				514		1,276
Cost of revenues		375		375				1,125		1,125
Total operating expenses		455		6				1,113		15
Depreciation and amortization expense included in total operating expenses		75						225
Operating (loss)/income		(703)		(112)				(1,724)		136
Net (loss)/income		(703)		(94)				(1,724)		110
Total assets		3,890						3,890				3,206
Net (loss)/income		(703)		(94)				(1,724)		110
Operating loss		(703)		(112)				(1,724)		136
Corporate Segment [Member]
Revenues								34,847
Cost of revenues								35,739
Total operating expenses	[3]							10,776
Depreciation and amortization expense included in total operating expenses								450
Operating (loss)/income								(11,668)
Change in fair value of warrant liabilities								9,682
Operating loss								(11,668)
Blockchain Technology [Member] | Operating Segments [Member]
Total operating expenses		0		1				1		5
Depreciation and amortization expense included in total operating expenses		0		1				1		2
Operating (loss)/income				(1)				(1)		(5)
Net (loss)/income				(1)				(2)		(5)
Expenditure for long-term assets										302
Total assets		$ 4,408						4,408				$ 4,409
Net (loss)/income				(1)				(2)		(5)
Operating loss				$ (1)				$ (1)		$ (5)
[1]	Including approximately US$0.09 million share-based compensation expenses.
[2]	Including approximately US$0.08 million share-based compensation expenses.
[3]	Including approximately US$6.95 million share-based compensation expenses.
[4]	Including approximately US$2.07 million share-based compensation expenses.

Note 22 - (Loss) Earnings Per_3

Note 22 - (Loss) Earnings Per Share - Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Net (loss)/income attributable to ZW Data Action Technologies Inc. (numerator for basic and diluted loss per share)	$ 1,375	$ (1,333)	$ (1,586)	$ (4,611)
Weighted average number of common shares outstanding -Basic and diluted (in shares)	35,332,220	21,720,259	32,279,304	21,271,301
(Loss)/earnings per share-Basic and diluted (in dollars per share)	$ 0.04	$ (0.06)	$ (0.05)	$ (0.22)

Note 23 - Share-based Compens_3

Note 23 - Share-based Compensation Expenses (Details Textual) $ / shares in Units, shares in Thousands, $ in Thousands	1 Months Ended			3 Months Ended			6 Months Ended	9 Months Ended		12 Months Ended
	May 31, 2021$ / sharesshares	Mar. 31, 2021$ / sharesshares	Mar. 31, 2020item	Sep. 30, 2021USD ($)	Sep. 30, 2020USD ($)	Jun. 30, 2020USD ($)	Jun. 30, 2020USD ($)	Sep. 30, 2021USD ($)	Sep. 30, 2020USD ($)shares	Dec. 31, 2022USD ($)	Dec. 31, 2021USD ($)
Share-based Payment Arrangement, Expense				$ 88	$ 79			$ 6,945	$ 2,066
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Total				120				120
Forecast [Member]
Share-based Payment Arrangement, Expense										$ 40	$ 80
Restricted Stock [Member] | Consulting and Advisory Service Providers [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares) | shares									480
Share-based Payment Arrangement, Expense				70				150
Restricted Stock [Member] | Management Consulting and Advisory Service Providers [Member]
Number of Consulting and Advisory Service Providers | item			2
The 2020 Omnibus Securities and Incentive Plan, Second Issuance [Member] | Restricted Stock [Member] | Independent Director [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares) | shares	3,990
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value (in dollars per share) | $ / shares	$ 1.67
Share-based Payment Arrangement, Expense								6,660
The 2020 Omnibus Securities and Incentive Plan [Member] | Restricted Stock [Member]
Share-based Payment Arrangement, Expense				70				220
The 2020 Omnibus Securities and Incentive Plan [Member] | Restricted Stock [Member] | Independent Director [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares) | shares		30
Share-based Payment Arrangement, Expense				$ 20				$ 70
Shares Issued, Price Per Share (in dollars per share) | $ / shares		$ 3.13
The 2015 Omnibus Securities and Incentive Plan [Member] | Restricted Stock [Member] | Management and Employees [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares) | shares									1,630
Share-based Payment Arrangement, Expense						$ 10	$ 1,920

Note 23 - Share-based Compens_4

Note 23 - Share-based Compensation Expenses - Share-based Compensation Expenses (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Share-based Compensation expenses	$ 88	$ 79	$ 6,945	$ 2,066
Selling and Marketing Expense [Member]
Share-based Compensation expenses	0	0	0	122
General and Administrative Expense [Member]
Share-based Compensation expenses	88	79	6,945	1,798
Research and Development Expense [Member]
Share-based Compensation expenses	$ 0	$ 0	$ 0	$ 146

Note 23 - Share-based Compens_5

Note 23 - Share-based Compensation Expenses - Options Issued and Outstanding (Details) - $ / shares	9 Months Ended	12 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Options outstanding, number of underlying shares (in shares)	277,976
Options outstanding, weighted average remaining contractual life (Year)	1 month 28 days	10 months 28 days
Options outstanding, weighted average exercise price (in dollars per share)		$ 3
Option exercisable, number of underlying shares (in shares)		277,976
Option exercisable, weighted average remaining contractual life (Year)	1 month 28 days	10 months 28 days
Option exercisable, weighted average exercise price (in dollars per share)		$ 3
Options outstanding, granted/vested (in shares)	0
Options outstanding, expired (in shares)	0
Options outstanding, exercised (in shares)	0
Options outstanding, number of underlying shares (in shares)	277,976	277,976
Options outstanding, weighted average exercise price (in dollars per share)	$ 3
Option exercisable, number of underlying shares (in shares)	277,976
Option exercisable, weighted average exercise price (in dollars per share)	$ 3