ZW Data Action (CNET) 10-Q 16 May 22 2022 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2022	May 16, 2022
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	Q1
Document Fiscal Year Focus	2022
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2022
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		35,427,677

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands		Mar. 31, 2022	Dec. 31, 2021
Current assets
Cash and cash equivalents *	[1]	$ 4,824	$ 7,173
Accounts receivable, net of allowance for doubtful accounts of $2,245 and $2,236, respectively *	[1]	3,611	3,439
Prepayment and deposit to suppliers *	[1]	6,613	7,559
Due from related parties *	[1]	78	90
Other current assets *	[1]	3,173	1,657
Total current assets		18,299	19,918
Long-term investments *	[1]	2,285	2,280
Operating lease right-of-use assets *	[1]	1,968	2,019
Property and equipment, net *	[1]	351	375
Intangible assets, net		6,989	7,523
Long-term deposits and prepayments		76	75
Deferred tax assets, net *	[1]	445	441
Total Assets		30,413	32,631
Current liabilities:
Accounts payable	[1]	751	1,119
Advances from customers *	[1]	1,047	1,245
Accrued payroll and other accruals*	[1]	323	389
Taxes payable*	[1]	3,555	3,534
Operating lease liabilities*	[1]	210	202
Lease payment liabilities related to short-term leases *	[1]	111	152
Other current liabilities*	[1]	138	141
Warrant liabilities		1,244	2,039
Total current liabilities		7,379	8,821
Long-term liabilities:
Operating lease liabilities-Non current	[1]	1,853	1,907
Long-term borrowing from a related party		138	137
Total Liabilities		9,370	10,865
Commitments and contingencies
Equity:
Common stock (US$0.001 par value; authorized 100,000,000 shares; issued and outstanding 35,427,677 shares and 35,332,677 shares at March 31, 2022 and December 31, 2021, respectively)		35	35
Additional paid-in capital		61,801	61,785
Statutory reserves		2,598	2,598
Accumulated deficit		(44,451)	(43,734)
Accumulated other comprehensive income		1,060	1,082
Total ZW Data Action Technologies Inc.’s stockholders’ equity		21,043	21,766
Total equity		21,043	21,766
Total Liabilities and Equity		$ 30,413	$ 32,631
[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		Mar. 31, 2022	Dec. 31, 2021
Accounts receivable, allowance for doubtful account	[1]	$ 2,245	$ 2,236
Common stock, par value (in dollars per share)		$ 0.001	$ 0.001
Common stock, shares authorized (in shares)		100,000,000	100,000,000
Common stock, shares issued (in shares)		35,427,677	35,332,677
Common stock, shares outstanding (in shares)		35,427,677	35,332,677
[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 Statemen

Condensed Consolidated Statements of Operations and Comprehensive (Loss)/Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Revenues	$ 7,652	$ 8,396
Cost of revenues	7,518	9,113
Gross profit/(loss)	134	(717)
Operating expenses
Sales and marketing expenses	69	28
General and administrative expenses	1,548	996
Research and development expenses	68	74
Total operating expenses	1,685	1,098
Loss from operations	(1,551)	(1,815)
Other income/(expenses)
Interest income	46	1
Other expenses, net	(9)	(24)
Change in fair value of warrant liabilities	795	2,507
Total other income	832	2,484
(Loss)/income before income tax benefit and noncontrolling interests	(719)	669
Income tax benefit	2	18
Net (loss)/income	(717)	687
Net income attributable to noncontrolling interests	0	(2)
Net (loss)/income attributable to ZW Data Action Technologies Inc.	(717)	685
Net (loss)/income	(717)	687
Foreign currency translation loss	(22)	(19)
Comprehensive (loss)/income	(739)	668
Comprehensive income attributable to noncontrolling interests	0	(2)
Comprehensive (loss)/income attributable to ZW Data Action Technologies Inc.	$ (739)	$ 666
(Loss)/earnings per common share
Basic and diluted (in dollars per share)	$ (0.02)	$ 0.02
Weighted average number of common shares outstanding:
Basic and diluted (in shares)	35,354,954	28,505,181
Unrelated Parties [Member]
Revenues	$ 7,652	$ 8,396
Related Parties [Member]
Revenues	$ 0	$ 0

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Cash flows from operating activities
Net (loss)/income	$ (717)	$ 687
Adjustments to reconcile net (loss)/income to net cash used in operating activities
Depreciation and amortization	554	112
Amortization of operating lease right-of-use assets	60	36
Share-based compensation expenses	56	100
Deferred taxes	(2)	(18)
Change in fair value of warrant liabilities	(795)	(2,507)
Other non-operating income	(45)	0
Changes in operating assets and liabilities
Accounts receivable	(159)	700
Prepayment and deposit to suppliers	914	(2,630)
Other current assets	13	7
Long-term deposits and prepayments	0	(794)
Accounts payable	(373)	628
Advances from customers	(203)	169
Accrued payroll and other accruals	66	188
Other current liabilities	(36)	25
Taxes payable	7	(18)
Lease payment liability related to short-term leases	(42)	(1)
Operating lease liabilities	(56)	(14)
Net cash used in operating activities	(890)	(3,706)
Cash flows from investing activities
Cash effect of deconsolidation of VIEs’ subsidiaries	0	(8)
Investments and advances to ownership investee entities	0	(385)
Repayment from ownership investee entities	13	0
Short-term loan to unrelated parties	(2,500)	(312)
Repayment of short-term loan from unrelated parties	1,029	0
Payment for purchase of software technologies	0	(1,160)
Net cash used in investing activities	(1,458)	(1,865)
Cash flows from financing activities
Proceeds from issuance of common stock and warrant (net of cash offering cost of US$1,600)	0	17,111
Net cash provided by financing activities	0	17,111
Effect of exchange rate fluctuation on cash and cash equivalents	(1)	(52)
Net (decrease)/increase in cash and cash equivalents	(2,349)	11,488
Cash and cash equivalents at beginning of the period	7,173	4,297
Cash and cash equivalents at end of the period	4,824	15,785
Supplemental disclosure of cash flow information
Income taxes paid	0	0
Interest expense paid	$ 0	$ 0

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows (Unaudited) (Parentheticals) $ in Millions	3 Months Ended
	Mar. 31, 2021USD ($)
Issuance of common stock, cost	$ 1.6

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Changes in Equity (Unaudited) - USD ($) $ in Thousands	Share-Based Payment Arrangement, Employee [Member]Common Stock [Member]	Share-Based Payment Arrangement, Employee [Member]Additional Paid-in Capital [Member]	Share-Based Payment Arrangement, Employee [Member]	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, 2020				26,062,915
Balance at Dec. 31, 2020				$ 26	$ 49,772	$ 2,598	$ (40,980)	$ 1,129	$ (66)	$ 12,479
Share-based compensation in exchange for services from employees and directors (in shares)	30,000
Share-based compensation in exchange for services from employees and directors	$ 0	$ 23	$ 23
Net income (loss) for the period				$ 0	0	0	685	0	2	687
Foreign currency translation adjustment								(19)	0	(19)
Issuance of common stock for private placement (in shares)				5,212,000
Issuance of common stock for private placement, net				$ 5	5,185					5,190
Balance (in shares) at Mar. 31, 2021				31,304,915
Balance at Mar. 31, 2021				$ 31	54,980	2,598	(40,295)	1,110	(64)	18,360
Balance (in shares) at Dec. 31, 2021				35,332,677
Balance at Dec. 31, 2021				$ 35	61,785	2,598	(43,734)	1,082	21,766	21,766
Share-based compensation in exchange for services from employees and directors (in shares)	95,000
Share-based compensation in exchange for services from employees and directors	$ 0	$ 16
Net income (loss) for the period				$ 0	0	0	(717)	0	(717)	(717)
Foreign currency translation adjustment								(22)	(22)	(22)
Balance (in shares) at Mar. 31, 2022				35,427,677
Balance at Mar. 31, 2022				$ 35	$ 61,801	$ 2,598	$ (44,451)	$ 1,060	$ 21,043	$ 21,043

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Changes in Equity (Unaudited) (Parentheticals) $ in Thousands	3 Months Ended
	Mar. 31, 2021USD ($)
Investor Warrants [Member] | Private Placement [Member]
Proceeds allocated to warrant liabilities	$ 10,476
Private Placement Agent Costs [Member] | Private Placement [Member]
Proceeds allocated to warrant liabilities	1,445
Investor Costs [Member]
Direct offering costs	3,045
Cash Offering Costs [Member]
Direct offering costs	1,600
Proceeds allocated to warrant liabilities	$ 10,919

Note 1 - Organization and Natur

Note 1 - Organization and Nature of Operations	3 Months Ended
	Mar. 31, 2022
Notes to Financial Statements
Nature of Operations [Text Block]	1. Organization and nature of operations ZW Data Action Technologies 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	3 Months Ended
	Mar. 31, 2022
Notes to Financial Statements
Variable Interest Entities Disclosure [Text Block]	2. Variable interest entities To satisfy PRC laws and regulations, the Company conducts certain business in the PRC through its PRC subsidiaries and operating entities (the “VIEs”). Summarized below is the information related to the VIEs’ assets and liabilities reported in the Company’s condensed consolidated balance sheets as of March 31, 2022 December 31, 2021, March 31, 2022 December 31, 2021 US$( 000) US$( 000) (Unaudited) Assets Current assets: Cash and cash equivalents $ 873 $ 181 Accounts receivable, net 3,285 2,796 Prepayment and deposit to suppliers 4,329 5,287 Due from related parties 78 90 Other current assets 3 4 Total current assets 8,568 8,358 Long-term investments 498 496 Operating lease right-of-use assets 19 21 Property and equipment, net 157 168 Deferred tax assets, net 445 441 Total Assets $ 9,687 $ 9,484 Liabilities Current liabilities: Accounts payable $ 751 $ 1,119 Advances from customers 936 1,113 Accrued payroll and other accruals 79 83 Taxes payable 2,868 2,849 Operating lease liabilities 9 9 Lease payment liabilities related to short-term leases 111 110 Other current liabilities 51 53 Total current liabilities 4,805 5,336 Operating lease liabilities-Non current - 10 Total Liabilities $ 4,805 $ 5,346 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)/income for the three March 31, 2022 2021, Three Months Ended March 31, 2022 2021 US$( 000) US$( 000) (Unaudited) (Unaudited) Revenues $ 7,198 $ 7,947 Cost of revenues (7,518 ) (8,738 ) Total operating expenses (259 ) (390 ) Net loss before allocation to noncontrolling interests (585 ) (1,281 )

Note 3 - Summary of Significant

Note 3 - Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2022
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 March 31, 2022 three March 31, 2022 2021 10 December 31, 2021, “2021 10 April 15, 2022. 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 March 31, 2022, three March 31, 2022 2021, three March 31, 2022 2021, 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: March 31, 2022 December 31, 2021 Balance sheet items, except for equity accounts 6.3482 6.3757 Three Months Ended March 31, 2022 2021 Items in the statements of operations and comprehensive income/(loss) 6.3504 6.4844 No e) Fair value measurement Liabilities measured at fair value on a recurring basis by level within the fair value hierarchy as of March 31, 2022 December 31, 2021 Fair value measurement at reporting date using As of March 31, 2022 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 15) 1,244 - - 1,244 Fair value measurement at reporting date using As of December 31, 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) Warrant liabilities (Note 15) 2,039 - - 2,039 f) Revenue recognition The following tables present the Company’s revenues disaggregated by products and services and timing of revenue recognition: Three Months Ended March 31, 2022 2021 US$( 000) US$( 000) (Unaudited) (Unaudited) Internet advertising and related services --distribution of the right to use search engine marketing service 6,594 6,865 --online advertising placements 1,058 1,402 Ecommerce O2O advertising and marketing services - 129 Total revenues 7,652 8,396 Three Months Ended March 31, 2022 2021 US$( 000) US$( 000) (Unaudited) (Unaudited) Revenue recognized over time 7,652 8,396 Revenue recognized at a point in time - - Total revenues 7,652 8,396 Contract costs For the three March 31, 2022 2021, not Contract balances The table below summarized the movement of the Company’s contract liabilities (advance from customers) for the three March 31, 2022: Contract liabilities US$( 000) Balance as of January 1, 2022 1,245 Exchange translation adjustment 5 Revenue recognized from beginning contract liability balance (971 ) Advances received from customers related to unsatisfied performance obligations 768 Balance as of March 31, 2022 (Unaudited) 1,047 Advance from customers related to unsatisfied performance obligations are generally refundable. Refund of advance from customers were insignificant for both the three March 31, 2022 2021. For the three March 31, 2022 2021, 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 three March 31, 2022 2021 US$0.07 h) Lease As of March 31, 2022, US$1.97 US$2.06 Maturity of operating lease liabilities Operating leases US$( 000) (Unaudited) Nine months ending December 31, 2022 235 Year ending December 31, -2023 337 -2024 343 -2025 360 -2026 378 -2027 397 -thereafter 489 Total undiscounted lease payments 2,539 Less: imputed interest (476 ) Total operating lease liabilities as of March 31, 2022 2,063 Including: Operating lease liabilities 210 Operating lease liabilities-Non current 1,853 2,063 Operating lease expenses: Three Months Ended March 31, 2022 2021 US$( 000) US$( 000) (Unaudited) (Unaudited) Long-term operating lease contracts 90 37 Short-term operating lease contracts 15 15 Total 105 52 Supplemental information related to operating leases : Three Month Ended March 31, 2022 (Unaudited) Operating cash flows used for operating leases (US$’000) 86 Right-of-use assets obtained in exchange for new lease liabilities (US$’000) - Weighted-average remaining lease term (years) 6.90 Weighted-average discount rate 6 %

Note 4 - Accounts Receivable, N

Note 4 - Accounts Receivable, Net	3 Months Ended
	Mar. 31, 2022
Notes to Financial Statements
Accounts Receivable Disclosure [Text Block]	4. Accounts receivable, net March 31, 2022 December 31, 2021 US$( 000) US$( 000) (Unaudited) Accounts receivable 5,856 5,675 Allowance for doubtful accounts (2,245 ) (2,236 ) Accounts receivable, net 3,611 3,439 All of the accounts receivable are non-interest bearing. Based on the assessment of the collectability of the accounts receivable as of March 31, 2022 December 31, 2021, US$ 2.2 six six three March 31, 2022 2021.

Note 5 - Prepayments and Deposi

Note 5 - Prepayments and Deposit to Suppliers	3 Months Ended
	Mar. 31, 2022
Notes to Financial Statements
Prepayments and Deposits to Suppliers Disclosure [Text Block]	5. Prepayments and deposit to suppliers March 31, 2022 December 31, 2021 US$( 000) US$( 000) (Unaudited) Deposits to advertising resources providers 633 934 Prepayments to advertising resources providers 4,579 5,185 Deposit and prepayment for other investing contracts 1,000 1,000 Other deposits and prepayments 401 440 6,613 7,559

Note 6 - Due From Related Parti

Note 6 - Due From Related Parties, Net	3 Months Ended
	Mar. 31, 2022
Notes to Financial Statements
Due from Related Parties Disclosure [Text Block]	6. Due from related parties, net March 31, 2022 December 31, 2021 US$( 000) US$( 000) (Unaudited) Zhongwang Xiyue Technology (Beijing) Co., Ltd. (“Zhongwang Xiyue”) 63 62 Guangzhou Gong Xiang Technology Co., Ltd. (“Gong Xiang Technology”) 15 28 Due from related parties, net 78 90 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 March 31, 2022 December 31, 2021, As of March 31, 2022, December 31, 2022.

Note 7 - Other Current Assets

Note 7 - Other Current Assets	3 Months Ended
	Mar. 31, 2022
Notes to Financial Statements
Other Current Assets [Text Block]	7. Other current assets, net As of March 31, 2022, US$3.12 US$1.02 April 2022, US$0.05 one April 2022. December 31, 2022.

Note 8 - Long-term Investments

Note 8 - Long-term Investments	3 Months Ended
	Mar. 31, 2022
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, 2022 2,280 Exchange translation adjustment 5 Cash investments during the year - Disposed during the year - Balance as of March 31, 2022 (Unaudited) 2,285 As of March 31, 2022, 15.38%, 10%, 9.09%,15%, 17% 19% The Company measures each investment which does not

Note 9 - Property and Equipment

Note 9 - Property and Equipment, Net	3 Months Ended
	Mar. 31, 2022
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	9. Property and equipment, net March 31, 2022 December 31, 2021 US$( 000) US$( 000) (Unaudited) Vehicles 937 933 Office equipment 948 944 Electronic devices 632 629 Leasehold improvement 203 202 Property and equipment, cost 2,720 2,708 Less: accumulated depreciation (2,369 ) (2,333 ) Property and equipment, net 351 375 Depreciation expenses for the three March 31, 2022 2021 US$0.03 US$0.001

Note 10 - Intangible Assets, Ne

Note 10 - Intangible Assets, Net	3 Months Ended
	Mar. 31, 2022
Notes to Financial Statements
Intangible Assets Disclosure [Text Block]	10. Intangible assets, net As of March 31, 2022 (Unaudited) Items Gross Carrying Value Accumulated Amortization Impairment Net Carrying Value US$( 000) US$( 000) US$( 000) US$( 000) Intangible assets subject to amortization: -- 10 Cloud compute software technology 1,462 (1,014 ) (448 ) - Licensed products use right 1,201 (285 ) - 916 -- 5 Internet Ad tracking system 1,155 (229 ) - 926 Live streaming technology 1,500 (400 ) - 1,100 -- 3 Blockchain integrated framework 4,038 (337 ) - 3,701 Bo!News application 378 (32 ) - 346 Other computer software 123 (123 ) - - Total $ 9,857 $ (2,420 ) $ (448 ) $ 6,989 As of December 31, 2021 Items Gross Carrying Value Accumulated Amortization Impairment Net Carrying Value US$( 000) US$( 000) US$( 000) US$( 000) Intangible assets subject to amortization: -- 10 Cloud compute software technology 1,456 (1,010 ) (446 ) - Licensed products use right 1,205 (255 ) - 950 -- 5 Internet Ad tracking system 1,158 (174 ) - 984 Live streaming technology 1,500 (325 ) - 1,175 -- 3 Blockchain integrated framework 4,038 - 4,038 Bo!News application 376 - - 376 Other computer software 123 (123 ) - - Total 9,856 (1,887 ) (446 ) 7,523 Amortization expenses for the three March 31, 2022 2021 US$0.53 US$0.11 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 3.69 years as of March 31, 2022, no US$1.59 December 31, 2022, US$ 2.12 December 31, 2023 2024, US$0.63 December 31, 2025, US$0.18 December 31, 2026, US$0.12 December 31, 2027.

Note 11 - Long-term Deposits an

Note 11 - Long-term Deposits and Prepayment	3 Months Ended
	Mar. 31, 2022
Notes to Financial Statements
Long-term Prepayments [Text Block]	11. Long-term deposits and prepayments As of March 31, 2022 December 31, 2021, not one

Note 12 - Accrued Payroll and O

Note 12 - Accrued Payroll and Other Accruals	3 Months Ended
	Mar. 31, 2022
Notes to Financial Statements
Accounts Payable and Accrued Liabilities Disclosure [Text Block]	12. Accrued payroll and other accruals March 31, 2022 December 31, 2021 US$( 000) US$( 000) (Unaudited) Accrued payroll and staff welfare 138 142 Accrued operating expenses 185 247 323 389

Note 13 - Taxation

Note 13 - Taxation	3 Months Ended
	Mar. 31, 2022
Notes to Financial Statements
Income Tax Disclosure [Text Block]	13. Taxation As of March 31, 2022 December 31, 2021, March 31, 2022 December 31, 2021 US$( 000) US$( 000) (Unaudited) Turnover tax and surcharge payable 1,427 1,414 Enterprise income tax payable 2,128 2,120 Total taxes payable 3,555 3,534 For the three March 31, 2022 2021, Three Months Ended March 31, 2022 2021 US$( 000) US$( 000) (Unaudited) (Unaudited) Current - - Deferred 2 18 Income tax benefit 2 18 The Company’s deferred tax assets as of March 31, 2022 December 31, 2021 March 31, 2022 December 31, 2021 US$( 000) US$( 000) (Unaudited) Tax effect of net operating losses carried forward 12,471 12,130 Operating lease cost 26 23 Bad debts provision 561 559 Valuation allowance (12,613 ) (12,271 ) Deferred tax assets, net 445 441 The U.S. holding company has incurred aggregate net operating losses (NOLs) of approximately US$31.5 US$31.0 March 31, 2022 December 31, 2021, 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$19.3 US$18.3 March 31, 2022 December 31, 2021, 2027. The Company recorded approximately US$12.6 US$12.3 March 31, 2022 December 31, 2021, not not For the three March 31, 2022 2021, US$0.32 US$0.31

Note 14 - Long-term Borrowing F

Note 14 - Long-term Borrowing From a Related Party	3 Months Ended
	Mar. 31, 2022
Notes to Financial Statements
Long-Term Borrowing from Director Disclosure [Text Block]	14. 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 15 - Warrant Liabilities

Note 15 - Warrant Liabilities	3 Months Ended
	Mar. 31, 2022
Notes to Financial Statements
Warrants Disclosure [Text Block]	15. 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 ( “2021 December 2020 ( “2020 January 2018 ( “2018 Warrants issued in the 2021 2021 Investor Warrants 2021 Placement Agent Warrants March 31, 2022 December 31, 2021 March 31, 2022 December 31, 2021 Stock price $ 0.73 $ 1.00 $ 0.73 $ 1.00 Years to maturity 2.38 2.63 2.38 2.63 Risk-free interest rate 2.35 % 0.87 % 2.35 % 0.87 % Dividend yield - - - - Expected volatility 121 % 115 % 121 % 115 % Exercise Price $ 3.59 $ 3.59 $ 4.4875 $ 4.4875 Fair value of the warrant $ 0.24 $ 0.37 $ 0.23 $ 0.36 Warrant liabilities (US$’000) $ 626 $ 964 $ 84 $ 132 2021 Investor Warrants 2021 Placement Agent Warrants March 31, 2021 February 18, 2021 * March 31, 2021 February 18, 2021 * Stock price $ 2.64 $ 4.48 $ 2.64 $ 4.48 Years to maturity 3.38 3.50 3.38 3.50 Risk-free interest rate 0.41 % 0.26 % 0.41 % 0.26 % Dividend yield - - - - Expected volatility 168 % 168 % 168 % 168 % Exercise Price $ 3.59 $ 3.59 $ 4.4875 $ 4.4875 Fair value of the warrant $ 2.28 $ 4.02 $ 2.24 $ 3.96 Warrant liabilities (US$’000) $ 5,942 $ 10,476 $ 817 $ 1,445 * Closing date of the 2021 Warrants issued in the 2020 2020 Investor Warrants 2020 Placement Agent Warrants March 31, 2022 December 31, 2021 March 31, 2022 December 31, 2021 Stock price $ 0.73 $ 1.00 $ 0.73 $ 1.00 Years to maturity 1.70 1.95 1.70 1.95 Risk-free interest rate 2.23 % 0.72 % 2.23 % 0.72 % Dividend yield - - - - Expected volatility 127 % 128 % 127 % 128 % Exercise Price $ 2.03 $ 2.03 $ 2.03 $ 2.03 Fair value of the warrant $ 0.26 $ 0.46 $ 0.28 $ 0.49 Warrant liabilities (US$’000) $ 449 $ 795 $ 85 $ 148 2020 Investor Warrants 2020 Placement Agent Warrants March 31, 2021 December 31, 2020 March 31, 2021 December 31, 2020 Stock price $ 2.64 $ 1.35 $ 2.64 $ 1.35 Years to maturity 2.70 2.95 2.70 2.95 Risk-free interest rate 0.29 % 0.17 % 0.29 % 0.17 % Dividend yield - - - - Expected volatility 120 % 102 % 120 % 102 % Exercise Price $ 2.03 $ 2.03 $ 2.03 $ 2.03 Fair value of the warrant $ 1.95 $ 0.74 $ 1.95 $ 0.74 Warrant liabilities (US$’000) $ 3,370 $ 1,279 $ 590 $ 224 Warrants issued in the 2018 2018 Placement Agent Warrants * As of March 31, 2021 As of December 31, 2020 Stock price $ 2.64 $ 1.35 Years to maturity 0.30 0.05 Risk-free interest rate 0.03 % 0.08 % Dividend yield - - Expected volatility 206% 59 % Exercise Price $ 1.4927 $ 1.4927 Fair value of the warrant $ 1.55 $ 0.02 Warrant liabilities (US$’000) $ 200 $ 2 * The investor warrants issued in the 2018 Financing expired in July 2020. 2018 Financing were cashless exercised in July 2021. Changes in fair value of warrant liabilities Three Months Ended March 31, 2022 ( As of As of Change in Fair Value (US$ 000) (US$ 000) (US$ 000) Fair value of the Warrants: Warrants issued in the 2021 Financing： --Investor Warrants 626 964 (338 ) --Placement Agent Warrants 84 132 (48 ) Warrants issued in the 2020 Financing: --Investor Warrants 449 795 (346 ) --Placement Agent Warrants 85 148 (63 ) Warrant liabilities 1,244 2,039 (795 ) Three Months Ended March 31, 2021 ( As of March 31, As of February 18, As of December 31, Change in Fair Value (gain)/loss (US$ 000) (US$ 000) (US$ 000) (US$ 000) Fair value of the Warrants: Warrants issued in the 2021 Financing: --Investor Warrants 5,942 10,476 * (4,534 ) --Placement Agent Warrants 817 1,445 * (628 ) Warrants issued in the 2020 Financing: --Investor Warrants 3,370 * 1,279 2,091 --Placement Agent Warrants 590 * 224 366 Warrants issued in the 2018 Financing: --Placement Agent Warrants 200 * 2 198 Warrant liabilities 10,919 11,921 1,505 (2,507 ) * Not Warrants issued and outstanding as of March 31, 2022 three Warrant Outstanding Warrant Exercisable Number of Weighted Weighted Number of Weighted Weighted Balance, January 1, 2022 5,001,705 2.36 $ 3.02 5,001,705 2.36 $ 3.02 Granted/Vested - - Exercised - - Balance, March 31, 2022 (Unaudited) 5,001,705 2.11 $ 3.02 5,001,705 2.11 $ 3.02

Note 16 - Restricted Net Assets

Note 16 - Restricted Net Assets	3 Months Ended
	Mar. 31, 2022
Notes to Financial Statements
Restricted Assets Disclosure [Text Block]	16. 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 March 31, 2022 December 31, 2021, US$15.2 US$13.2 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 the 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 17 - Employee Defined Cont

Note 17 - Employee Defined Contribution Plan	3 Months Ended
	Mar. 31, 2022
Notes to Financial Statements
Retirement Benefits [Text Block]	17. 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 and VIEs 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$0.07 US$0.05 three March 31, 2022 2021,

Note 18 - Concentration of Risk

Note 18 - Concentration of Risk	3 Months Ended
	Mar. 31, 2022
Notes to Financial Statements
Concentration Risk Disclosure [Text Block]	18. 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 loans to unrelated parties. As of Mach 31, 2022, Concentration of customers The following tables summarized the information about the Company’s concentration of customers for the three March 31, 2022 2021, Customer Customer Customer Customer Customer Three Months Ended March 31, 2022 Revenues, customer concentration risk 13% - * - * Three Months Ended March 31, 2021 Revenues, customer concentration risk * 18% * * * As of March 31, 2022 Accounts receivable, customer concentration risk 44% - 29% * * As of December 31, 2021 Accounts receivable, customer concentration risk 33% - 32% 19% 11% * Less than 10%. - No Concentration of suppliers The following tables summarized the information about the Company’s concentration of suppliers for the three March 31, 2022 2021, Supplier A Supplier B Three Months Ended March 31, 2022 Cost of revenues, supplier concentration risk 60% 22% Three Months Ended March 31, 2021 Cost of revenues, supplier concentration risk 52% 30%

Note 19 - Commitments and Conti

Note 19 - Commitments and Contingencies	3 Months Ended
	Mar. 31, 2022
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	19. Commitments and contingencies In 2021, RMB5.0 US$0.79 November 2021, first RMB2.0 US$0.32 RMB3.0 US$0.47 December 31, 2022. The Company is currently not not may

Note 20 - Segment Reporting

Note 20 - Segment Reporting	3 Months Ended
	Mar. 31, 2022
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	20. Segment reporting The Company follows ASC Topic 280 Three Months Ended March 31, 2022 ( Internet Ad and related Ecommerce Blockchain Corporate Inter- Total US$(‘000) US$(‘000) US$(‘000) US$(‘000) US$(‘000) US$(‘000) Revenues 7,652 - - - - 7,652 Cost of revenues 7,518 - - - - 7,518 Total operating expenses 288 329 368 700 (1) - 1,685 Depreciation and amortization expense included in total operating expenses 89 75 368 22 - 554 Operating loss (154 ) (329 ) (368 ) (700 ) - (1,551 ) Change in fair value of warrant liabilities - - - 795 - 795 Net (loss)/income (167 ) (328 ) (368 ) 146 (717 ) Total assets-March 31, 2022 12,666 1,594 4,048 42,659 (30,554 ) 30,413 Total assets-December 31, 2021 12,150 2,236 4,414 44,328 (30,497 ) 32,631 ( 1 Including approximately US$0.06 Three Months Ended March 31, 2021 ( Internet Ad and related Ecommerce Blockchain Corporate Inter- Total US$(‘000) US$(‘000) US$(‘000) US$(‘000) US$(‘000) US$(‘000) Revenues 8,267 129 - - - 8,396 Cost of revenues 8,738 375 - - - 9,113 Total operating expenses 383 203 1 511 (1) - 1,098 Depreciation and amortization expense included in total operating expenses 35 75 1 1 - 112 Operating loss (854 ) (449 ) (1 ) (511 ) - (1,815 ) Change in fair value of warrant liabilities - - - 2,507 - 2,507 Net (loss)/income (954 ) (449 ) (1 ) 2,091 687 Expenditure for long-term assets 1,160 - - - - 1,160 ( 1 Including approximately US$0.10

Note 21 - (Loss) Earnings Per S

Note 21 - (Loss) Earnings Per Share	3 Months Ended
	Mar. 31, 2022
Notes to Financial Statements
Earnings Per Share [Text Block]	21. (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): Three Months Ended March 31, 2022 2021 US$( 000) US$( 000) (Unaudited) (Unaudited) Net (loss)/income attributable to ZW Data Action Technologies Inc. (numerator for basic and diluted income/(loss) per share) $ (717 ) $ 685 Weighted average number of common shares outstanding -Basic and diluted 35,354,954 28,505,181 (Loss)/earnings per share -Basic and diluted $ (0.02 ) $ 0.02 For the three March 31, 2022 2021, not

Note 22 - Share-based Compensat

Note 22 - Share-based Compensation Expenses	3 Months Ended
	Mar. 31, 2022
Notes to Financial Statements
Share-Based Payment Arrangement [Text Block]	22. Share-based compensation expenses In March 2022, 2020 two December 31, 2022. three March 31, 2022 US$0.02 For the three March 31, 2022, US$0.04 one March 2020. The table below summarized share-based compensation expenses recorded for the three March 31, 2022 2021, Three Months Ended March 31, 2022 2021 US$( 000) US$( 000) (Unaudited) (Unaudited) Sales and marketing expenses - - General and administrative expenses 56 100 Research and development expenses - - Total 56 100 The aggregate unrecognized share-based compensation expenses as of March 31, 2022 US$0.05 December 31, 2022.

Note 23 - Subsequent Events

Note 23 - Subsequent Events	3 Months Ended
	Mar. 31, 2022
Notes to Financial Statements
Subsequent Events [Text Block]	23. Subsequent event The Company primarily conducts its operations in the PRC. In January 2020, 19 first 2020. 19 19 19 may may 19 second 2020, 19 no 19 Except for the above mentioned matters, there is no

Significant Accounting Policies

Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2022
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 March 31, 2022 three March 31, 2022 2021 10 December 31, 2021, “2021 10 April 15, 2022. 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 March 31, 2022, three March 31, 2022 2021, three March 31, 2022 2021, 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: March 31, 2022 December 31, 2021 Balance sheet items, except for equity accounts 6.3482 6.3757 Three Months Ended March 31, 2022 2021 Items in the statements of operations and comprehensive income/(loss) 6.3504 6.4844 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 March 31, 2022 December 31, 2021 Fair value measurement at reporting date using As of March 31, 2022 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 15) 1,244 - - 1,244 Fair value measurement at reporting date using As of December 31, 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) Warrant liabilities (Note 15) 2,039 - - 2,039
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: Three Months Ended March 31, 2022 2021 US$( 000) US$( 000) (Unaudited) (Unaudited) Internet advertising and related services --distribution of the right to use search engine marketing service 6,594 6,865 --online advertising placements 1,058 1,402 Ecommerce O2O advertising and marketing services - 129 Total revenues 7,652 8,396 Three Months Ended March 31, 2022 2021 US$( 000) US$( 000) (Unaudited) (Unaudited) Revenue recognized over time 7,652 8,396 Revenue recognized at a point in time - - Total revenues 7,652 8,396 Contract costs For the three March 31, 2022 2021, not Contract balances The table below summarized the movement of the Company’s contract liabilities (advance from customers) for the three March 31, 2022: Contract liabilities US$( 000) Balance as of January 1, 2022 1,245 Exchange translation adjustment 5 Revenue recognized from beginning contract liability balance (971 ) Advances received from customers related to unsatisfied performance obligations 768 Balance as of March 31, 2022 (Unaudited) 1,047 Advance from customers related to unsatisfied performance obligations are generally refundable. Refund of advance from customers were insignificant for both the three March 31, 2022 2021. For the three March 31, 2022 2021,
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 three March 31, 2022 2021 US$0.07
Lessee, Leases [Policy Text Block]	h) Lease As of March 31, 2022, US$1.97 US$2.06 Maturity of operating lease liabilities Operating leases US$( 000) (Unaudited) Nine months ending December 31, 2022 235 Year ending December 31, -2023 337 -2024 343 -2025 360 -2026 378 -2027 397 -thereafter 489 Total undiscounted lease payments 2,539 Less: imputed interest (476 ) Total operating lease liabilities as of March 31, 2022 2,063 Including: Operating lease liabilities 210 Operating lease liabilities-Non current 1,853 2,063 Operating lease expenses: Three Months Ended March 31, 2022 2021 US$( 000) US$( 000) (Unaudited) (Unaudited) Long-term operating lease contracts 90 37 Short-term operating lease contracts 15 15 Total 105 52 Supplemental information related to operating leases : Three Month Ended March 31, 2022 (Unaudited) Operating cash flows used for operating leases (US$’000) 86 Right-of-use assets obtained in exchange for new lease liabilities (US$’000) - Weighted-average remaining lease term (years) 6.90 Weighted-average discount rate 6 %

Note 2 - Variable Interest En_2

Note 2 - Variable Interest Entities (Tables)	3 Months Ended
	Mar. 31, 2022
Notes Tables
Schedule of Variable Interest Entities [Table Text Block]	March 31, 2022 December 31, 2021 US$( 000) US$( 000) (Unaudited) Assets Current assets: Cash and cash equivalents $ 873 $ 181 Accounts receivable, net 3,285 2,796 Prepayment and deposit to suppliers 4,329 5,287 Due from related parties 78 90 Other current assets 3 4 Total current assets 8,568 8,358 Long-term investments 498 496 Operating lease right-of-use assets 19 21 Property and equipment, net 157 168 Deferred tax assets, net 445 441 Total Assets $ 9,687 $ 9,484 Liabilities Current liabilities: Accounts payable $ 751 $ 1,119 Advances from customers 936 1,113 Accrued payroll and other accruals 79 83 Taxes payable 2,868 2,849 Operating lease liabilities 9 9 Lease payment liabilities related to short-term leases 111 110 Other current liabilities 51 53 Total current liabilities 4,805 5,336 Operating lease liabilities-Non current - 10 Total Liabilities $ 4,805 $ 5,346
Financial Performance of VIEs [Table Text Block]	Three Months Ended March 31, 2022 2021 US$( 000) US$( 000) (Unaudited) (Unaudited) Revenues $ 7,198 $ 7,947 Cost of revenues (7,518 ) (8,738 ) Total operating expenses (259 ) (390 ) Net loss before allocation to noncontrolling interests (585 ) (1,281 )

Note 3 - Summary of Significa_2

Note 3 - Summary of Significant Accounting Policies (Tables)	3 Months Ended
	Mar. 31, 2022
Notes Tables
Foreign Currency Exchange Rates [Table Text Block]	March 31, 2022 December 31, 2021 Balance sheet items, except for equity accounts 6.3482 6.3757 Three Months Ended March 31, 2022 2021 Items in the statements of operations and comprehensive income/(loss) 6.3504 6.4844
Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]	Fair value measurement at reporting date using As of March 31, 2022 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 15) 1,244 - - 1,244 Fair value measurement at reporting date using As of December 31, 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) Warrant liabilities (Note 15) 2,039 - - 2,039
Disaggregation of Revenue [Table Text Block]	Three Months Ended March 31, 2022 2021 US$( 000) US$( 000) (Unaudited) (Unaudited) Internet advertising and related services --distribution of the right to use search engine marketing service 6,594 6,865 --online advertising placements 1,058 1,402 Ecommerce O2O advertising and marketing services - 129 Total revenues 7,652 8,396 Three Months Ended March 31, 2022 2021 US$( 000) US$( 000) (Unaudited) (Unaudited) Revenue recognized over time 7,652 8,396 Revenue recognized at a point in time - - Total revenues 7,652 8,396
Contract with Customer, Contract Asset, Contract Liability, and Receivable [Table Text Block]	Contract liabilities US$( 000) Balance as of January 1, 2022 1,245 Exchange translation adjustment 5 Revenue recognized from beginning contract liability balance (971 ) Advances received from customers related to unsatisfied performance obligations 768 Balance as of March 31, 2022 (Unaudited) 1,047
Lessee, Operating Lease, Liability, Maturity [Table Text Block]	Operating leases US$( 000) (Unaudited) Nine months ending December 31, 2022 235 Year ending December 31, -2023 337 -2024 343 -2025 360 -2026 378 -2027 397 -thereafter 489 Total undiscounted lease payments 2,539 Less: imputed interest (476 ) Total operating lease liabilities as of March 31, 2022 2,063 Including: Operating lease liabilities 210 Operating lease liabilities-Non current 1,853 2,063
Lease, Cost [Table Text Block]	Three Months Ended March 31, 2022 2021 US$( 000) US$( 000) (Unaudited) (Unaudited) Long-term operating lease contracts 90 37 Short-term operating lease contracts 15 15 Total 105 52 Three Month Ended March 31, 2022 (Unaudited) Operating cash flows used for operating leases (US$’000) 86 Right-of-use assets obtained in exchange for new lease liabilities (US$’000) - Weighted-average remaining lease term (years) 6.90 Weighted-average discount rate 6 %

Note 4 - Accounts Receivable,_2

Note 4 - Accounts Receivable, Net (Tables)	3 Months Ended
	Mar. 31, 2022
Notes Tables
Schedule of Accounts Receivable [Table Text Block]	March 31, 2022 December 31, 2021 US$( 000) US$( 000) (Unaudited) Accounts receivable 5,856 5,675 Allowance for doubtful accounts (2,245 ) (2,236 ) Accounts receivable, net 3,611 3,439

Note 5 - Prepayments and Depo_2

Note 5 - Prepayments and Deposit to Suppliers (Tables)	3 Months Ended
	Mar. 31, 2022
Notes Tables
Schedule of Prepayments and Deposit to Suppliers [Table Text Block]	March 31, 2022 December 31, 2021 US$( 000) US$( 000) (Unaudited) Deposits to advertising resources providers 633 934 Prepayments to advertising resources providers 4,579 5,185 Deposit and prepayment for other investing contracts 1,000 1,000 Other deposits and prepayments 401 440 6,613 7,559

Note 6 - Due From Related Par_2

Note 6 - Due From Related Parties, Net (Tables)	3 Months Ended
	Mar. 31, 2022
Due From Related Parties [Member]
Notes Tables
Schedule of Related Party Transactions [Table Text Block]	March 31, 2022 December 31, 2021 US$( 000) US$( 000) (Unaudited) Zhongwang Xiyue Technology (Beijing) Co., Ltd. (“Zhongwang Xiyue”) 63 62 Guangzhou Gong Xiang Technology Co., Ltd. (“Gong Xiang Technology”) 15 28 Due from related parties, net 78 90

Note 8 - Long-term Investments

Note 8 - Long-term Investments (Tables)	3 Months Ended
	Mar. 31, 2022
Notes Tables
Other Investments Not Readily Marketable [Table Text Block]	Amount US$( 000) Balance as of January 1, 2022 2,280 Exchange translation adjustment 5 Cash investments during the year - Disposed during the year - Balance as of March 31, 2022 (Unaudited) 2,285

Note 9 - Property and Equipme_2

Note 9 - Property and Equipment, Net (Tables)	3 Months Ended
	Mar. 31, 2022
Notes Tables
Schedule of Property and Equipment [Table Text Block]	March 31, 2022 December 31, 2021 US$( 000) US$( 000) (Unaudited) Vehicles 937 933 Office equipment 948 944 Electronic devices 632 629 Leasehold improvement 203 202 Property and equipment, cost 2,720 2,708 Less: accumulated depreciation (2,369 ) (2,333 ) Property and equipment, net 351 375

Note 10 - Intangible Assets, _2

Note 10 - Intangible Assets, Net (Tables)	3 Months Ended
	Mar. 31, 2022
Notes Tables
Schedule of Finite and Indefinite-Lived Intangible Assets [Table Text Block]	As of March 31, 2022 (Unaudited) Items Gross Carrying Value Accumulated Amortization Impairment Net Carrying Value US$( 000) US$( 000) US$( 000) US$( 000) Intangible assets subject to amortization: -- 10 Cloud compute software technology 1,462 (1,014 ) (448 ) - Licensed products use right 1,201 (285 ) - 916 -- 5 Internet Ad tracking system 1,155 (229 ) - 926 Live streaming technology 1,500 (400 ) - 1,100 -- 3 Blockchain integrated framework 4,038 (337 ) - 3,701 Bo!News application 378 (32 ) - 346 Other computer software 123 (123 ) - - Total $ 9,857 $ (2,420 ) $ (448 ) $ 6,989 As of December 31, 2021 Items Gross Carrying Value Accumulated Amortization Impairment Net Carrying Value US$( 000) US$( 000) US$( 000) US$( 000) Intangible assets subject to amortization: -- 10 Cloud compute software technology 1,456 (1,010 ) (446 ) - Licensed products use right 1,205 (255 ) - 950 -- 5 Internet Ad tracking system 1,158 (174 ) - 984 Live streaming technology 1,500 (325 ) - 1,175 -- 3 Blockchain integrated framework 4,038 - 4,038 Bo!News application 376 - - 376 Other computer software 123 (123 ) - - Total 9,856 (1,887 ) (446 ) 7,523

Note 12 - Accrued Payroll and_2

Note 12 - Accrued Payroll and Other Accruals (Tables)	3 Months Ended
	Mar. 31, 2022
Notes Tables
Schedule of Accrued Liabilities [Table Text Block]	March 31, 2022 December 31, 2021 US$( 000) US$( 000) (Unaudited) Accrued payroll and staff welfare 138 142 Accrued operating expenses 185 247 323 389

Note 13 - Taxation (Tables)

Note 13 - Taxation (Tables)	3 Months Ended
	Mar. 31, 2022
Notes Tables
Schedule Of Taxes Payable [Table Text Block]	March 31, 2022 December 31, 2021 US$( 000) US$( 000) (Unaudited) Turnover tax and surcharge payable 1,427 1,414 Enterprise income tax payable 2,128 2,120 Total taxes payable 3,555 3,534
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	Three Months Ended March 31, 2022 2021 US$( 000) US$( 000) (Unaudited) (Unaudited) Current - - Deferred 2 18 Income tax benefit 2 18
Schedule Of Deferred Tax Assets [Table Text Block]	March 31, 2022 December 31, 2021 US$( 000) US$( 000) (Unaudited) Tax effect of net operating losses carried forward 12,471 12,130 Operating lease cost 26 23 Bad debts provision 561 559 Valuation allowance (12,613 ) (12,271 ) Deferred tax assets, net 445 441

Note 15 - Warrant Liabilities (

Note 15 - Warrant Liabilities (Tables)	3 Months Ended
	Mar. 31, 2022
Notes Tables
Schedule of Warrant Liabilities [Table Text Block]	As of As of Change in Fair Value (US$ 000) (US$ 000) (US$ 000) Fair value of the Warrants: Warrants issued in the 2021 Financing： --Investor Warrants 626 964 (338 ) --Placement Agent Warrants 84 132 (48 ) Warrants issued in the 2020 Financing: --Investor Warrants 449 795 (346 ) --Placement Agent Warrants 85 148 (63 ) Warrant liabilities 1,244 2,039 (795 ) As of March 31, As of February 18, As of December 31, Change in Fair Value (gain)/loss (US$ 000) (US$ 000) (US$ 000) (US$ 000) Fair value of the Warrants: Warrants issued in the 2021 Financing: --Investor Warrants 5,942 10,476 * (4,534 ) --Placement Agent Warrants 817 1,445 * (628 ) Warrants issued in the 2020 Financing: --Investor Warrants 3,370 * 1,279 2,091 --Placement Agent Warrants 590 * 224 366 Warrants issued in the 2018 Financing: --Placement Agent Warrants 200 * 2 198 Warrant liabilities 10,919 11,921 1,505 (2,507 )
Schedule of Warrant Activity [Table Text Block]	Warrant Outstanding Warrant Exercisable Number of Weighted Weighted Number of Weighted Weighted Balance, January 1, 2022 5,001,705 2.36 $ 3.02 5,001,705 2.36 $ 3.02 Granted/Vested - - Exercised - - Balance, March 31, 2022 (Unaudited) 5,001,705 2.11 $ 3.02 5,001,705 2.11 $ 3.02
Warrant [Member]
Notes Tables
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]	2021 Investor Warrants 2021 Placement Agent Warrants March 31, 2022 December 31, 2021 March 31, 2022 December 31, 2021 Stock price $ 0.73 $ 1.00 $ 0.73 $ 1.00 Years to maturity 2.38 2.63 2.38 2.63 Risk-free interest rate 2.35 % 0.87 % 2.35 % 0.87 % Dividend yield - - - - Expected volatility 121 % 115 % 121 % 115 % Exercise Price $ 3.59 $ 3.59 $ 4.4875 $ 4.4875 Fair value of the warrant $ 0.24 $ 0.37 $ 0.23 $ 0.36 Warrant liabilities (US$’000) $ 626 $ 964 $ 84 $ 132 2021 Investor Warrants 2021 Placement Agent Warrants March 31, 2021 February 18, 2021 * March 31, 2021 February 18, 2021 * Stock price $ 2.64 $ 4.48 $ 2.64 $ 4.48 Years to maturity 3.38 3.50 3.38 3.50 Risk-free interest rate 0.41 % 0.26 % 0.41 % 0.26 % Dividend yield - - - - Expected volatility 168 % 168 % 168 % 168 % Exercise Price $ 3.59 $ 3.59 $ 4.4875 $ 4.4875 Fair value of the warrant $ 2.28 $ 4.02 $ 2.24 $ 3.96 Warrant liabilities (US$’000) $ 5,942 $ 10,476 $ 817 $ 1,445 2020 Investor Warrants 2020 Placement Agent Warrants March 31, 2022 December 31, 2021 March 31, 2022 December 31, 2021 Stock price $ 0.73 $ 1.00 $ 0.73 $ 1.00 Years to maturity 1.70 1.95 1.70 1.95 Risk-free interest rate 2.23 % 0.72 % 2.23 % 0.72 % Dividend yield - - - - Expected volatility 127 % 128 % 127 % 128 % Exercise Price $ 2.03 $ 2.03 $ 2.03 $ 2.03 Fair value of the warrant $ 0.26 $ 0.46 $ 0.28 $ 0.49 Warrant liabilities (US$’000) $ 449 $ 795 $ 85 $ 148 2020 Investor Warrants 2020 Placement Agent Warrants March 31, 2021 December 31, 2020 March 31, 2021 December 31, 2020 Stock price $ 2.64 $ 1.35 $ 2.64 $ 1.35 Years to maturity 2.70 2.95 2.70 2.95 Risk-free interest rate 0.29 % 0.17 % 0.29 % 0.17 % Dividend yield - - - - Expected volatility 120 % 102 % 120 % 102 % Exercise Price $ 2.03 $ 2.03 $ 2.03 $ 2.03 Fair value of the warrant $ 1.95 $ 0.74 $ 1.95 $ 0.74 Warrant liabilities (US$’000) $ 3,370 $ 1,279 $ 590 $ 224 2018 Placement Agent Warrants * As of March 31, 2021 As of December 31, 2020 Stock price $ 2.64 $ 1.35 Years to maturity 0.30 0.05 Risk-free interest rate 0.03 % 0.08 % Dividend yield - - Expected volatility 206% 59 % Exercise Price $ 1.4927 $ 1.4927 Fair value of the warrant $ 1.55 $ 0.02 Warrant liabilities (US$’000) $ 200 $ 2

Note 18 - Concentration of Ri_2

Note 18 - Concentration of Risk (Tables)	3 Months Ended
	Mar. 31, 2022
Notes Tables
Schedules of Concentration of Risk, by Risk Factor [Table Text Block]	Customer Customer Customer Customer Customer Three Months Ended March 31, 2022 Revenues, customer concentration risk 13% - * - * Three Months Ended March 31, 2021 Revenues, customer concentration risk * 18% * * * As of March 31, 2022 Accounts receivable, customer concentration risk 44% - 29% * * As of December 31, 2021 Accounts receivable, customer concentration risk 33% - 32% 19% 11% Supplier A Supplier B Three Months Ended March 31, 2022 Cost of revenues, supplier concentration risk 60% 22% Three Months Ended March 31, 2021 Cost of revenues, supplier concentration risk 52% 30%

Note 20 - Segment Reporting (Ta

Note 20 - Segment Reporting (Tables)	3 Months Ended
	Mar. 31, 2022
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Internet Ad and related Ecommerce Blockchain Corporate Inter- Total US$(‘000) US$(‘000) US$(‘000) US$(‘000) US$(‘000) US$(‘000) Revenues 7,652 - - - - 7,652 Cost of revenues 7,518 - - - - 7,518 Total operating expenses 288 329 368 700 (1) - 1,685 Depreciation and amortization expense included in total operating expenses 89 75 368 22 - 554 Operating loss (154 ) (329 ) (368 ) (700 ) - (1,551 ) Change in fair value of warrant liabilities - - - 795 - 795 Net (loss)/income (167 ) (328 ) (368 ) 146 (717 ) Total assets-March 31, 2022 12,666 1,594 4,048 42,659 (30,554 ) 30,413 Total assets-December 31, 2021 12,150 2,236 4,414 44,328 (30,497 ) 32,631 Internet Ad and related Ecommerce Blockchain Corporate Inter- Total US$(‘000) US$(‘000) US$(‘000) US$(‘000) US$(‘000) US$(‘000) Revenues 8,267 129 - - - 8,396 Cost of revenues 8,738 375 - - - 9,113 Total operating expenses 383 203 1 511 (1) - 1,098 Depreciation and amortization expense included in total operating expenses 35 75 1 1 - 112 Operating loss (854 ) (449 ) (1 ) (511 ) - (1,815 ) Change in fair value of warrant liabilities - - - 2,507 - 2,507 Net (loss)/income (954 ) (449 ) (1 ) 2,091 687 Expenditure for long-term assets 1,160 - - - - 1,160

Note 21 - (Loss) Earnings Per_2

Note 21 - (Loss) Earnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2022
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended March 31, 2022 2021 US$( 000) US$( 000) (Unaudited) (Unaudited) Net (loss)/income attributable to ZW Data Action Technologies Inc. (numerator for basic and diluted income/(loss) per share) $ (717 ) $ 685 Weighted average number of common shares outstanding -Basic and diluted 35,354,954 28,505,181 (Loss)/earnings per share -Basic and diluted $ (0.02 ) $ 0.02

Note 22 - Share-based Compens_2

Note 22 - Share-based Compensation Expenses (Tables)	3 Months Ended
	Mar. 31, 2022
Notes Tables
Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Table Text Block]	Three Months Ended March 31, 2022 2021 US$( 000) US$( 000) (Unaudited) (Unaudited) Sales and marketing expenses - - General and administrative expenses 56 100 Research and development expenses - - Total 56 100

Note 2 - Variable Interest En_3

Note 2 - Variable Interest Entities - Consolidated VIEs' Assets and Liabilities (Details) - USD ($) $ in Thousands		Mar. 31, 2022	Dec. 31, 2021
Cash and cash equivalents	[1]	$ 4,824	$ 7,173
Accounts receivable, net	[1]	3,611	3,439
Prepayment and deposit to suppliers	[1]	6,613	7,559
Due from related parties, net	[1]	78	90
Other current assets	[1]	3,173	1,657
Total current assets		18,299	19,918
Long-term investments	[1]	2,285	2,280
Operating Lease, Right-of-Use Asset	[1]	1,968	2,019
Property and equipment, net *	[1]	351	375
Deferred tax assets, net	[1]	445	441
Total Assets		30,413	32,631
Accounts payable	[1]	751	1,119
Advances from customers	[1]	1,047	1,245
Accrued payroll and other accruals	[1]	323	389
Taxes payable	[1]	3,555	3,534
Operating lease liabilities	[1]	210	202
Lease payment liabilities related to short-term leases	[1]	111	152
Other current liabilities	[1]	138	141
Total current liabilities		7,379	8,821
Operating lease liabilities-Non current	[1]	1,853	1,907
Total Liabilities		9,370	10,865
Variable Interest Entity, Primary Beneficiary [Member]
Cash and cash equivalents		873	181
Accounts receivable, net		3,285	2,796
Prepayment and deposit to suppliers		4,329	5,287
Due from related parties, net		78	90
Other current assets		3	4
Total current assets		8,568	8,358
Long-term investments		498	496
Operating Lease, Right-of-Use Asset		19	21
Property and equipment, net *		157	168
Deferred tax assets, net		445	441
Total Assets		9,687	9,484
Accounts payable		751	1,119
Advances from customers		936	1,113
Accrued payroll and other accruals		79	83
Taxes payable		2,868	2,849
Operating lease liabilities		9	9
Lease payment liabilities related to short-term leases		111	110
Other current liabilities		51	53
Total current liabilities		4,805	5,336
Operating lease liabilities-Non current		0	10
Total Liabilities		$ 4,805	$ 5,346
[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
	Mar. 31, 2022	Mar. 31, 2021
Revenues	$ 7,652	$ 8,396
Cost of revenues	(7,518)	(9,113)
Total operating expenses	1,685	1,098
Net loss before allocation to noncontrolling interests	(717)	687
Variable Interest Entity, Primary Beneficiary [Member]
Revenues	7,198	7,947
Cost of revenues	(7,518)	(8,738)
Total operating expenses	(259)	(390)
Net loss before allocation to noncontrolling interests	$ (585)	$ (1,281)

Note 3 - Summary of Significa_3

Note 3 - Summary of Significant Accounting Policies (Details Textual) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Contract with Customer, Performance Obligation Satisfied in Previous Period		$ 0	$ 0
Research and Development Expense, Total		68	$ 74
Operating Lease, Right-of-Use Asset	[1]	1,968		$ 2,019
Operating Lease, Liability, Total		2,063
Other Current Assets [Member]
Operating Lease, Right-of-Use Asset		1,970
Other Current Liabilities [Member]
Operating Lease, Liability, Total		$ 2,060
[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_4

Note 3 - Summary of Significant Accounting Policies - Exchange Rates Used to Translate Amounts In RMB Into US$ (Details)	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Balance sheet items, except for equity accounts	6.3482		6.3757
Items in the statements of operations and comprehensive income/(loss)	6.3504	6.4844

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	Mar. 31, 2022	Dec. 31, 2021
Warrant liabilities (Note 15)	$ 1,244	$ 2,039
Fair Value, Inputs, Level 3 [Member]
Warrant liabilities (Note 15)	$ 1,244
Fair Value, Inputs, Level 2 [Member]
Warrant liabilities (Note 15)		$ 2,039

Note 3 - Summary of Significa_6

Note 3 - Summary of Significant Accounting Policies - Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Revenues	$ 7,652	$ 8,396
Search Engine Marketing and Data Service [Member]
Revenues	6,594	6,865
Online Advertising Placement [Member]
Revenues	1,058	1,402
Offline Advertising and Marketing Services [Member]
Revenues	0	129
Transferred over Time [Member]
Revenues	7,652	8,396
Transferred at Point in Time [Member]
Revenues	$ 0	$ 0

Note 3 - Summary of Significa_7

Note 3 - Summary of Significant Accounting Policies - Contract liabilities (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2022USD ($)
Balance	$ 1,245
Exchange translation adjustment	5
Revenue recognized from beginning contract liability balance	(971)
Advances received from customers related to unsatisfied performance obligations	768
Balance	$ 1,047

Note 3 - Summary of Significa_8

Note 3 - Summary of Significant Accounting Policies - Maturity of Operating Lease Liabilities (Details) - USD ($) $ in Thousands		Mar. 31, 2022	Dec. 31, 2021
Nine months ending December 31, 2022		$ 235
-2023		337
-2024		343
-2025		360
-2026		378
-2027		397
-thereafter		489
Total undiscounted lease payments		2,539
Less: imputed interest		(476)
Total operating lease liabilities as of March 31, 2022		2,063
Operating lease liabilities-current	[1]	210	$ 202
Operating lease liabilities-Non current	[1]	$ 1,853	$ 1,907
[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
	Mar. 31, 2022	Mar. 31, 2021
Long-term operating lease contracts	$ 90	$ 37
Short-term operating lease contracts	15	15
Total	105	$ 52
Operating cash flows used for operating leases (US$’000)	86
Right-of-use assets obtained in exchange for new lease liabilities (US$’000)	$ 0
Weighted-average remaining lease term (Year)	6 years 10 months 24 days
Weighted-average discount rate	6.00%

Note 4 - Accounts Receivable,_3

Note 4 - Accounts Receivable, Net (Details Textual) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Accounts Receivable, Allowance for Credit Loss, Current	[1]	$ 2,245		$ 2,236
Internet Advertising and TV Advertising [Member]
Accounts Receivable, Allowance for Credit Loss, Current		$ 2,200		$ 2,200
Number of Months Past Due (Month)		6 months
Accounts Receivable, Credit Loss Expense (Reversal)		$ 0	$ 0
[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 4 - Accounts Receivable,_4

Note 4 - Accounts Receivable, Net - Accounts Receivable, Net (Details) - USD ($) $ in Thousands		Mar. 31, 2022	Dec. 31, 2021
Accounts receivable		$ 5,856	$ 5,675
Allowance for doubtful accounts	[1]	(2,245)	(2,236)
Accounts receivable, net	[1]	$ 3,611	$ 3,439
[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 5 - Prepayments and Depo_3

Note 5 - Prepayments and Deposit to Suppliers - Prepayments and Deposit to Suppliers (Details) - USD ($) $ in Thousands		Mar. 31, 2022	Dec. 31, 2021
Prepayment and deposit to suppliers *	[1]	$ 6,613	$ 7,559
Deposits to TV Ad and Internet Ad Resources Providers [Member]
Prepayment and deposit to suppliers *		633	934
Prepayment to TV Ad and Internet Ad Resources Providers [Member]
Prepayment and deposit to suppliers *		4,579	5,185
Deposits and Prepayments for Other Investing Contracts [Member]
Prepayment and deposit to suppliers *		1,000	1,000
Other Deposits and Prepayments [Member]
Prepayment and deposit to suppliers *		$ 401	$ 440
[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 6 - Due From Related Par_3

Note 6 - Due From Related Parties, Net - Due From Related Parties (Details) - USD ($) $ in Thousands		Mar. 31, 2022	Dec. 31, 2021
Due from related parties, net	[1]	$ 78	$ 90
Zhong Wang Xi Yue Technology (Beijing) Co. Ltd [Member]
Due from related parties, gross		63	$ 62
Guangzhou Gong Xiang Technology Co. [Member]
Due from related parties, gross		$ 15
[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 7 - Other Current Assets (

Note 7 - Other Current Assets (Details Textual) - USD ($) $ in Thousands	1 Months Ended
	Apr. 30, 2022	Mar. 31, 2022
Working Capital Loan to Unrelated Parties [Member]
Other Receivables, Gross, Current		$ 3,120
Working Capital Loan to Unrelated Parties [Member] | Subsequent Event [Member]
Proceeds from Collection of Other Receivables	$ 1,020
Interest Receivable for One Working Capital Loan With Unrelated Party [Member] | Subsequent Event [Member]
Proceeds from Collection of Other Receivables	$ 50

Note 8 - Long-term Investment_2

Note 8 - Long-term Investments (Details Textual)	Mar. 31, 2022
New Business Holdings Limited [Member]
Equity Securities without Readily Determinable Fair Value, Percent	15.38%
Guang Dong WeFriend Co., Ltd [Member]
Equity Securities without Readily Determinable Fair Value, Percent	10.00%
Xiao Peng Education [Member]
Equity Securities without Readily Determinable Fair Value, Percent	17.00%
Business Opportunity Chain [Member]
Equity Securities without Readily Determinable Fair Value, Percent	19.00%

Note 8 - Long-term Investment_3

Note 8 - Long-term Investments - Summary of Long-term Investments (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2022USD ($)
Balance	$ 2,280
Cash investments during the year	0
Disposed during the year	0
Balance	$ 2,285

Note 9 - Property and Equipme_3

Note 9 - Property and Equipment, Net (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Depreciation, Total	$ 30	$ 1

Note 9 - Property and Equipme_4

Note 9 - Property and Equipment, Net - Property and Equipment, Net (Details) - USD ($) $ in Thousands		Mar. 31, 2022	Dec. 31, 2021
Property and equipment, gross		$ 2,720	$ 2,708
Less: accumulated depreciation		(2,369)	(2,333)
Property and equipment, net *	[1]	351	375
Vehicles [Member]
Property and equipment, gross		937	933
Office Equipment [Member]
Property and equipment, gross		948	944
Electronic Devices [Member]
Property and equipment, gross		632	629
Leasehold Improvements [Member]
Property and equipment, gross		$ 203	$ 202
[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 10 - Intangible Assets, _3

Note 10 - Intangible Assets, Net (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Amortization of Intangible Assets	$ 530	$ 110
Finite-Lived Intangible Asset, Useful Life (Year)	3 years 8 months 8 days
Finite-Lived Intangible Asset, Expected Amortization, Remainder of Fiscal Year	$ 1,590
Finite-Lived Intangible Asset, Expected Amortization, Year One	2,120
Finite-Lived Intangible Asset, Expected Amortization, Year Two	2,120
Finite-Lived Intangible Asset, Expected Amortization, Year Three	630
Finite-Lived Intangible Asset, Expected Amortization, Year Four	180
Finite-Lived Intangible Asset, Expected Amortization, Year Five	$ 120

Note 10 - Intangible Assets, _4

Note 10 - Intangible Assets, Net - Intangible Assets, Net (Details) - USD ($)	Mar. 31, 2022	Dec. 31, 2021
Finite-lived intangible assets	$ 9,857,000	$ 9,856,000
Finite-lived intangible assets, Accumulated amortization	2,420,000	1,887,000
Finite-lived intangible assets, Impairment	448,000	446,000
Intangible assets, net	6,989,000	7,523,000
Finite-lived intangible assets, Accumulated amortization	(2,420,000)	(1,887,000)
Finite-lived intangible assets, Impairment	(448,000)	(446,000)
Cloud-Computing Based Software Platforms [Member]
Finite-lived intangible assets	1,462,000	1,456,000
Finite-lived intangible assets, Accumulated amortization	(1,014,000)	(1,010,000)
Finite-lived intangible assets, Impairment	(448,000)	(446,000)
Intangible assets, net	0	0
Finite-lived intangible assets, Accumulated amortization	1,014,000	1,010,000
Finite-lived intangible assets, Impairment	448,000	446,000
Licensing Agreements [Member]
Finite-lived intangible assets	1,201	1,205
Finite-lived intangible assets, Accumulated amortization	(285)	(255)
Intangible assets, net	916	950
Finite-lived intangible assets, Accumulated amortization	285	255
Internet Ad Tracking System [Member]
Finite-lived intangible assets	1,155,000	1,158,000
Finite-lived intangible assets, Accumulated amortization	(229,000)	(174,000)
Intangible assets, net	926,000	984,000
Finite-lived intangible assets, Accumulated amortization	229,000	174,000
Livestreaming Technology [Member]
Finite-lived intangible assets	1,500,000	1,500,000
Finite-lived intangible assets, Accumulated amortization	(400,000)	(325,000)
Intangible assets, net	1,100,000	1,175,000
Finite-lived intangible assets, Accumulated amortization	400,000	325,000
Blockchain Integrated Framework Platform [Member]
Finite-lived intangible assets	4,038,000	4,038,000
Finite-lived intangible assets, Accumulated amortization	(337,000)
Intangible assets, net	3,701,000	4,038,000
Finite-lived intangible assets, Accumulated amortization	337,000
Bo!News Application [Member]
Finite-lived intangible assets	378,000	376,000
Finite-lived intangible assets, Accumulated amortization	(32,000)	0
Intangible assets, net	346,000	376,000
Finite-lived intangible assets, Accumulated amortization	32,000	0
Other Computer Software [Member]
Finite-lived intangible assets	123,000	123,000
Finite-lived intangible assets, Accumulated amortization	(123,000)	(123,000)
Intangible assets, net	0	0
Finite-lived intangible assets, Accumulated amortization	$ 123,000	$ 123,000

Note 10 - Intangible Assets, _5

Note 10 - Intangible Assets, Net - Intangible Assets, Net (Details) (Parentheticals)	3 Months Ended	12 Months Ended
	Mar. 31, 2022	Dec. 31, 2021
Useful life (Year)	3 years 8 months 8 days
Cloud-Computing Based Software Platforms [Member]
Useful life (Year)	10 years	10 years
Licensing Agreements [Member]
Useful life (Year)	10 years	10 years
Internet Ad Tracking System [Member]
Useful life (Year)	5 years	5 years
Livestreaming Technology [Member]
Useful life (Year)	5 years	5 years
Blockchain Integrated Framework Platform [Member]
Useful life (Year)	3 years	3 years
Bo!News Application [Member]
Useful life (Year)	3 years	3 years
Other Computer Software [Member]
Useful life (Year)	3 years	3 years

Note 12 - Accrued Payroll and_3

Note 12 - Accrued Payroll and Other Accruals - Accrued Payroll and Other Accruals (Details) - USD ($) $ in Thousands		Mar. 31, 2022	Dec. 31, 2021
Accrued payroll and other accruals*	[1]	$ 323	$ 389
Accrued Payroll and Staff Welfare [Member]
Accrued payroll and other accruals*		138	142
Accrued Operating Expenses [Member]
Accrued payroll and other accruals*		$ 185	$ 247
[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 13 - Taxation (Details Tex

Note 13 - Taxation (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Operating Loss Carryforwards	$ 31,500		$ 31,000
Operating Loss Carryforwards, Taxable Income Deduction Limitations			80.00%
Deferred Tax Assets, Valuation Allowance	12,613		$ 12,271
Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount	320	$ 310
PRC Subsidiary And VIE's [Member]
Operating Loss Carryforwards	$ 19,300		$ 18,300

Note 13 - Taxation - Taxes Paya

Note 13 - Taxation - Taxes Payable (Details) - USD ($) $ in Thousands		Mar. 31, 2022	Dec. 31, 2021
Turnover tax and surcharge payable		$ 1,427	$ 1,414
Enterprise income tax payable		2,128	2,120
Total taxes payable	[1]	$ 3,555	$ 3,534
[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 13 - Taxation - Income Tax

Note 13 - Taxation - Income Tax Expense (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Current	$ 0	$ 0
Deferred	2	18
Income tax benefit	$ 2	$ 18

Note 13 - Taxation - Deferred T

Note 13 - Taxation - Deferred Tax Assets (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Tax effect of net operating losses carried forward	$ 12,471	$ 12,130
Operating lease cost	26	23
Bad debts provision	561	559
Valuation allowance	(12,613)	(12,271)
Deferred tax assets, net	$ 445	$ 441

Note 15 - Warrant Liabilities -

Note 15 - Warrant Liabilities - Fair Value of Warrants (Details) $ in Thousands		Mar. 31, 2022USD ($)yr	Dec. 31, 2021USD ($)yr	Mar. 31, 2021USD ($)yr	Feb. 18, 2021USD ($)		Dec. 31, 2020USD ($)yr
Proceeds allocated to warrant liabilities		$ 1,244	$ 2,039	$ 10,919	$ 11,921		$ 1,505
Investor Warrants Issued in Connection with 2021 Financing [Member]
Proceeds allocated to warrant liabilities		626	964	5,942	10,476	[1]
Placement Agent Warrants Issued in Connection with 2021 Financing [Member]
Proceeds allocated to warrant liabilities		84	132	817	$ 1,445	[1]
Investor Warrants Issued in Connection with 2020 Financing [Member]
Proceeds allocated to warrant liabilities		449	795	3,370			1,279
Placement Agent Warrants Issued in Connection with 2020 Financing [Member]
Proceeds allocated to warrant liabilities		$ 85	$ 148	590			224
Investor Warrants Issued in Connection with 2018 Financing [Member]
Proceeds allocated to warrant liabilities	[2]			200
Placement Agent Warrants Issued in Connection with 2018 Financing [Member]
Proceeds allocated to warrant liabilities				$ 200			$ 2	[2]
Measurement Input, Share Price [Member] | Investor Warrants Issued in Connection with 2021 Financing [Member]
Fair value of the warrants		0.73	1	2.64	4.48	[1]
Measurement Input, Share Price [Member] | Placement Agent Warrants Issued in Connection with 2021 Financing [Member]
Fair value of the warrants		0.73	1	2.64	4.48	[1]
Measurement Input, Share Price [Member] | Investor Warrants Issued in Connection with 2020 Financing [Member]
Fair value of the warrants		0.73	1	2.64			1.35
Measurement Input, Share Price [Member] | Placement Agent Warrants Issued in Connection with 2020 Financing [Member]
Fair value of the warrants		0.73	1	2.64			1.35
Measurement Input, Share Price [Member] | Investor Warrants Issued in Connection with 2018 Financing [Member]
Fair value of the warrants	[2]			2.64
Measurement Input, Share Price [Member] | Placement Agent Warrants Issued in Connection with 2018 Financing [Member]
Fair value of the warrants	[2]						1.35
Measurement Input, Expected Term [Member] | Investor Warrants Issued in Connection with 2021 Financing [Member]
Fair value of the warrants		2.38	2.63	3.38	3.50	[1]
Measurement Input, Expected Term [Member] | Placement Agent Warrants Issued in Connection with 2021 Financing [Member]
Fair value of the warrants		2.38	2.63	3.38	3.50	[1]
Measurement Input, Expected Term [Member] | Investor Warrants Issued in Connection with 2020 Financing [Member]
Fair value of the warrants		1.70	1.95	2.70			2.95
Measurement Input, Expected Term [Member] | Placement Agent Warrants Issued in Connection with 2020 Financing [Member]
Fair value of the warrants		1.70	1.95	2.70			2.95
Measurement Input, Expected Term [Member] | Investor Warrants Issued in Connection with 2018 Financing [Member]
Fair value of the warrants	[2]			0.30
Measurement Input, Expected Term [Member] | Placement Agent Warrants Issued in Connection with 2018 Financing [Member]
Fair value of the warrants	[2]						0.05
Measurement Input, Risk Free Interest Rate [Member] | Investor Warrants Issued in Connection with 2021 Financing [Member]
Fair value of the warrants		0.0235	0.0087	0.0041	0.0026	[1]
Measurement Input, Risk Free Interest Rate [Member] | Placement Agent Warrants Issued in Connection with 2021 Financing [Member]
Fair value of the warrants		0.0235	0.0087	0.0041	0.0026	[1]
Measurement Input, Risk Free Interest Rate [Member] | Investor Warrants Issued in Connection with 2020 Financing [Member]
Fair value of the warrants		0.0223	0.0072	0.0029			0.0017
Measurement Input, Risk Free Interest Rate [Member] | Placement Agent Warrants Issued in Connection with 2020 Financing [Member]
Fair value of the warrants		0.0223	0.0072	0.0029			0.0017
Measurement Input, Risk Free Interest Rate [Member] | Investor Warrants Issued in Connection with 2018 Financing [Member]
Fair value of the warrants	[2]			0.0003
Measurement Input, Risk Free Interest Rate [Member] | Placement Agent Warrants Issued in Connection with 2018 Financing [Member]
Fair value of the warrants	[2]						0.0008
Measurement Input, Price Volatility [Member] | Investor Warrants Issued in Connection with 2021 Financing [Member]
Fair value of the warrants		1.21	1.15	1.68	1.68	[1]
Measurement Input, Price Volatility [Member] | Placement Agent Warrants Issued in Connection with 2021 Financing [Member]
Fair value of the warrants		1.21	1.15	1.68	1.68	[1]
Measurement Input, Price Volatility [Member] | Investor Warrants Issued in Connection with 2020 Financing [Member]
Fair value of the warrants		1.27	1.28	1.20			1.02
Measurement Input, Price Volatility [Member] | Placement Agent Warrants Issued in Connection with 2020 Financing [Member]
Fair value of the warrants		1.27	1.28	1.20			1.02
Measurement Input, Price Volatility [Member] | Investor Warrants Issued in Connection with 2018 Financing [Member]
Fair value of the warrants	[2]			2.06
Measurement Input, Price Volatility [Member] | Placement Agent Warrants Issued in Connection with 2018 Financing [Member]
Fair value of the warrants	[2]						0.59
Measurement Input, Exercise Price [Member] | Investor Warrants Issued in Connection with 2021 Financing [Member]
Fair value of the warrants		3.59	3.59	3.59	3.59	[1]
Measurement Input, Exercise Price [Member] | Placement Agent Warrants Issued in Connection with 2021 Financing [Member]
Fair value of the warrants		4.4875	4.4875	4.4875	4.4875	[1]
Measurement Input, Exercise Price [Member] | Investor Warrants Issued in Connection with 2020 Financing [Member]
Fair value of the warrants		2.03	2.03	2.03			2.03
Measurement Input, Exercise Price [Member] | Placement Agent Warrants Issued in Connection with 2020 Financing [Member]
Fair value of the warrants		2.03	2.03	2.03			2.03
Measurement Input, Exercise Price [Member] | Investor Warrants Issued in Connection with 2018 Financing [Member]
Fair value of the warrants	[2]			1.4927
Measurement Input, Exercise Price [Member] | Placement Agent Warrants Issued in Connection with 2018 Financing [Member]
Fair value of the warrants	[2]						1.4927
Measurement Input, Quoted Price [Member] | Investor Warrants Issued in Connection with 2021 Financing [Member]
Fair value of the warrants		0.24	0.37	2.28	4.02	[1]
Measurement Input, Quoted Price [Member] | Placement Agent Warrants Issued in Connection with 2021 Financing [Member]
Fair value of the warrants		0.23	0.36	2.24	3.96	[1]
Measurement Input, Quoted Price [Member] | Investor Warrants Issued in Connection with 2020 Financing [Member]
Fair value of the warrants		0.26	0.46	1.95			0.74
Measurement Input, Quoted Price [Member] | Placement Agent Warrants Issued in Connection with 2020 Financing [Member]
Fair value of the warrants		0.28	0.49	1.95			0.74
Measurement Input, Quoted Price [Member] | Investor Warrants Issued in Connection with 2018 Financing [Member]
Fair value of the warrants	[2]			1.55
Measurement Input, Quoted Price [Member] | Placement Agent Warrants Issued in Connection with 2018 Financing [Member]
Fair value of the warrants	[2]						0.02
[1]	Closing date of the 2021 Financing.
[2]	The investor warrants issued in the 2018 Financing expired in July 2020. The placement agent warrants issued in the 2018 Financing were cashless exercised in July 2021.

Note 15 - Warrant Liabilities_2

Note 15 - Warrant Liabilities - Warrant Liabilities (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021	Feb. 18, 2021		Dec. 31, 2020
Proceeds allocated to warrant liabilities	$ 1,244	$ 10,919	$ 2,039	$ 11,921		$ 1,505
Change in fair value of warrants	(795)	(2,507)
Investor Warrants Issued in Connection with 2021 Financing [Member]
Proceeds allocated to warrant liabilities	626	5,942	964	10,476	[1]
Change in fair value of warrants	(338)	(4,534)
Placement Agent Warrants Issued in Connection with 2021 Financing [Member]
Proceeds allocated to warrant liabilities	84	817	132	$ 1,445	[1]
Change in fair value of warrants	(48)	(628)
Investor Warrants Issued in Connection with 2020 Financing [Member]
Proceeds allocated to warrant liabilities	449	3,370	795			1,279
Change in fair value of warrants	(346)	2,091
Placement Agent Warrants Issued in Connection with 2020 Financing [Member]
Proceeds allocated to warrant liabilities	85	590	$ 148			224
Change in fair value of warrants	$ (63)	366
Placement Agent Warrants Issued in Connection with 2018 Financing [Member]
Proceeds allocated to warrant liabilities		200				$ 2	[2]
Change in fair value of warrants		$ 198
[1]	Closing date of the 2021 Financing.
[2]	The investor warrants issued in the 2018 Financing expired in July 2020. The placement agent warrants issued in the 2018 Financing were cashless exercised in July 2021.

Note 15 - Warrant Liabilities_3

Note 15 - Warrant Liabilities - Warrant Activity (Details) - $ / shares	3 Months Ended	12 Months Ended
	Mar. 31, 2022	Dec. 31, 2021
Balance (in shares)	5,001,705
Balance, weighted average remaining contractual life (Year)	2 years 1 month 9 days	2 years 4 months 9 days
Weighted average exercise price (in dollars per share)	$ 3.02
Exercisable (in shares)	5,001,705
Balance, January 1, 2022 (Year)	2 years 1 month 9 days	2 years 4 months 9 days
Exercisable, weighted average exercise price (in dollars per share)	$ 3.02
Granted/Vested (in shares)	0
Balance (in shares)	5,001,705	5,001,705
Weighted average exercise price (in dollars per share)	$ 3.02	$ 3.02
Exercisable (in shares)	5,001,705	5,001,705
Exercisable, weighted average exercise price (in dollars per share)	$ 3.02	$ 3.02

Note 16 - Restricted Net Asse_2

Note 16 - Restricted Net Assets (Details Textual) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Dec. 31, 2021
Amount of Restricted Net Assets for Consolidated and Unconsolidated Subsidiaries	$ 15.2	$ 13.2
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 17 - Employee Defined Co_2

Note 17 - Employee Defined Contribution Plan (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Defined Contribution Plan, Cost	$ 70	$ 50

Note 18 - Concentration of Ri_3

Note 18 - Concentration of Risk (Details Textual)	Mar. 31, 2022
UNITED STATES
Percent of Cash and Cash Equivalents Held by Major Financial Institutions	52.00%
CHINA
Percent of Cash and Cash Equivalents Held by Major Financial Institutions	48.00%

Note 18 - Concentration of Ri_4

Note 18 - Concentration of Risk - Company's Concentration of Customers and Suppliers (Details)		3 Months Ended		12 Months Ended
		Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Revenue Benchmark [Member] | Customer Concentration Risk [Member] | Customer A [Member]
Concentration risk		13.00%
Revenue Benchmark [Member] | Customer Concentration Risk [Member] | Customer B [Member]
Concentration risk			18.00%
Cost Of Sales Total [Member] | Supplier Concentration Risk [Member] | Supplier A [Member]
Concentration risk		60.00%	52.00%
Cost Of Sales Total [Member] | Supplier Concentration Risk [Member] | Supplier B [Member]
Concentration risk		22.00%	30.00%
Accounts Receivable [Member] | Customer Concentration Risk [Member] | Customer A [Member]
Concentration risk		44.00%		33.00%
Accounts Receivable [Member] | Customer Concentration Risk [Member] | Customer B [Member]
Concentration risk				0.00%
Accounts Receivable [Member] | Customer Concentration Risk [Member] | Customer C [Member]
Concentration risk		29.00%		32.00%
Accounts Receivable [Member] | Customer Concentration Risk [Member] | Customer D [Member]
Concentration risk				19.00%
Accounts Receivable [Member] | Customer Concentration Risk [Member] | Customer E [Member]
Concentration risk	[1]			11.00%
[1]	Less than 10%.

Note 19 - Commitments and Con_2

Note 19 - Commitments and Contingencies (Details Textual) $ in Thousands, ¥ in Millions	Nov. 05, 2021USD ($)	Nov. 05, 2021CNY (¥)	Mar. 31, 2022USD ($)	Mar. 31, 2021USD ($)	Dec. 31, 2022USD ($)	Dec. 31, 2022CNY (¥)	Dec. 31, 2021USD ($)	Dec. 31, 2021CNY (¥)
Equity Securities without Readily Determinable Fair Value, Amount			$ 2,285				$ 2,280
Payments to Acquire Long-Term Investments			$ 0	$ 385
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							$ 790	¥ 5
Payments to Acquire Long-Term Investments	$ 320	¥ 2
Shenzhen Global Best Products Import & Export Co. [Member] | Forecast [Member]
Payments to Acquire Long-Term Investments					$ 470	¥ 3

Note 20 - Segment Reporting (De

Note 20 - Segment Reporting (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Share-Based Payment Arrangement, Expense	$ 56	$ 100

Note 20 - Segment Reporting - S

Note 20 - Segment Reporting - Summary of Segment Reporting Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022		Mar. 31, 2021		Dec. 31, 2021
Revenues	$ 7,652		$ 8,396
Cost of revenues	7,518		9,113
Total operating expenses	1,685		1,098
Depreciation and amortization expense included in total operating expenses			112
Operating loss	(1,551)		(1,815)
Change in fair value of warrant liabilities	795		2,507
Net (loss)/income	(717)		687
Total assets	30,413				$ 32,631
Operating loss	(1,551)		(1,815)
Expenditure for long-term assets			1,160
Corporate, Non-Segment [Member]
Revenues			0
Cost of revenues			0
Total operating expenses	700	[1]	511	[2]
Depreciation and amortization expense included in total operating expenses	22		1
Operating loss	(700)		(511)
Change in fair value of warrant liabilities	795		2,507
Net (loss)/income	146		2,091
Total assets	42,659				44,328
Operating loss	(700)		(511)
Intersegment Eliminations [Member]
Operating loss	0		0
Net (loss)/income
Total assets	(30,554)				(30,497)
Operating loss	0		0
Internet Ad [Member] | Operating Segments [Member]
Revenues	7,652		8,267
Cost of revenues	7,518		8,738
Total operating expenses	288		383
Depreciation and amortization expense included in total operating expenses	89		35
Operating loss	(154)		(854)
Net (loss)/income	(167)		(954)
Total assets	12,666				12,150
Operating loss	(154)		(854)
Ecommerce O2O Ad and Marketing Services [Member] | Operating Segments [Member]
Revenues	0		129
Cost of revenues	0		375
Total operating expenses	329		203
Depreciation and amortization expense included in total operating expenses	75		75
Operating loss	(329)		(449)
Net (loss)/income	(328)		(449)
Total assets	1,594				2,236
Operating loss	(329)		(449)
Expenditure for long-term assets			0
Corporate Segment [Member]
Revenues	7,652
Cost of revenues	7,518
Total operating expenses	1,685
Depreciation and amortization expense included in total operating expenses	554
Change in fair value of warrant liabilities	795
Blockchain Technology [Member] | Operating Segments [Member]
Total operating expenses	368		1
Depreciation and amortization expense included in total operating expenses	368		1
Operating loss	(368)		(1)
Net (loss)/income	(368)		(1)
Total assets	4,048				$ 4,414
Operating loss	$ (368)		(1)
Expenditure for long-term assets			$ 0
[1]	Including approximately US$0.06 million share-based compensation expenses.
[2]	Including approximately US$0.10 million share-based compensation expenses.

Note 21 - (Loss) Earnings Per_3

Note 21 - (Loss) Earnings Per Share - Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Net (loss)/income attributable to ZW Data Action Technologies Inc. (numerator for basic and diluted income/(loss) per share)	$ (717)	$ 685
Weighted average number of common shares outstanding -Basic and diluted (in shares)	35,354,954	28,505,181
(Loss)/earnings per share -Basic and diluted (in dollars per share)	$ (0.02)	$ 0.02

Note 22 - Share-based Compens_3

Note 22 - Share-based Compensation Expenses (Details Textual) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2022	Mar. 31, 2021
Share-Based Payment Arrangement, Expense		$ 56	$ 100
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Total	$ 50	50
Independent Director [Member] | Restricted Stock [Member] | The 2020 Omnibus Securities and Incentive Plan, Second Issuance [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)	0.095
Share-Based Payment Arrangement, Expense		20
Consulting and Advisory Service Providers [Member] | Restricted Stock [Member]
Share-Based Payment Arrangement, Expense		$ 40

Note 22 - Share-based Compens_4

Note 22 - Share-based Compensation Expenses - Share-based Compensation Expenses (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Share-based Compensation expenses	$ 56	$ 100
Selling and Marketing Expense [Member]
Share-based Compensation expenses		0
General and Administrative Expense [Member]
Share-based Compensation expenses	$ 56	100
Research and Development Expense [Member]
Share-based Compensation expenses		$ 0