Touchpoint (TGHI) 10-Q 19 Aug 19 2019 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2019	Aug. 19, 2019
Document and Entity Information [Abstract]
Entity Registrant Name	One Horizon Group, Inc.
Entity Central Index Key	0000225211
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Type	10-Q
Document Period End Date	Jun. 30, 2019
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2019
Entity Current reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity shell Company	false
Entity Emerging Growth Company	false
Entity Ex Transition Period	false
Entity Common Stock Shares Outstanding		95,766,169
Entity File Number	001-36530
Entity Interactive Data Current	Yes
Entity Incorporation State Country Code	DE

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Current assets:
Cash	$ 847	$ 353
Accounts receivable, net	244	325
Prepaid compensation	550	550
Investment	100	100
Other receivable	510	2,022
Advances to acquisition target	196	70
Deferred production costs	19	87
Other current assets	454	386
Current assets of continued items	2,920	3,893
Current assets of discontinued items		129
Total current assets	2,920	4,022
Property and equipment, net	37	3
Intangible assets, net	2,924	3,184
Goodwill	2,213	2,213
Prepaid compensation, net of current portion	1,192	1,467
Non current assets of discontinued operations		36
Total assets	9,286	10,925
Current liabilities:
Accounts payable	430	334
Accrued expenses	315	156
Accrued compensation	203	181
Deferred income	15	177
Notes payable	121	101
Amount due to related parties	205	205
Promissory notes, related parties	1,500	1,000
Current liabilities of continued operations	2,789	2,154
Current liabilities of discontinued operations		301
Total current liabilities	2,789	2,455
Long-term liabilities
Equipment note payable	28
Total liabilities	2,817	2,455
Temporary Equity - redeemable common stock outstanding 848,611	605	605
Stockholders' Equity
Preferred stock: $0.0001 par value, authorized 50,000,000; No shares issued and outstanding
Common stock: $0.0001 par value, authorized 200,000,000 shares issued and outstanding 94,609,731 shares as of June 30, 2019 (December 2018 - 87,559,672)	9	8
Additional paid-in capital	62,876	62,600
Share subscription receivable	(1,425)	(1,425)
Accumulated (Deficit)	(56,594)	(54,854)
Accumulated other comprehensive income	(24)	(35)
Total One Horizon Group, Inc. stockholders' equity	4,842	6,294
Non-controlling interest	1,022	1,571
Total stockholders' equity	5,864	7,865
Total liabilities and stockholders' equity	$ 9,286	$ 10,925

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (unaudited) (Parenthetical) - $ / shares	Jun. 30, 2019	Dec. 31, 2018
Statement of Financial Position [Abstract]
Redeemable common stock outstanding	848,611	848,611
Preferred stock: par value	$ 0.0001	$ 0.0001
Preferred stock: authorized	50,000,000	50,000,000
Preferred stock: issued
Preferred stock: outstanding
Common stock: par value	$ 0.0001	$ 0.0001
Common stock: authorized	200,000,000	200,000,000
Common stock: issued	94,609,731	87,559,672
Common stock: outstanding	94,609,731	87,559,672

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Revenue	$ 253	$ 270	$ 454	$ 544
Cost of revenue:
Total cost of revenue	303	673	545	1,078
Gross deficit	(50)	(403)	(91)	(534)
Expenses:
General and administrative	1,078	1,716	2,262	3,126
Depreciation	5	1	6	1
Acquisition services		1,094		1,874
Total expenses	1,083	2,811	2,268	5,001
Loss from operations	(1,133)	(3,214)	(2,359)	(5,535)
Other income and expense:
Interest expense	(16)	(17)	(32)	(390)
Foreign exchange	(1)	(1)	(2)	(1)
Other income			553
Total other income and expense	(17)	(18)	519	(391)
Loss on continuing operations	(1,150)	(3,232)	(1,840)	(5,926)
Loss from discontinued operations		(296)		(296)
Net loss for the period	(1,150)	(3,528)	(1,840)	(6,222)
Net loss attributable to non-controlling interest	66	346	100	466
Net loss attributable to One Horizon Group Inc. common stockholders	$ (1,084)	$ (3,182)	$ (1,740)	$ (5,756)
Earnings per share
Basic and diluted net loss per share - continuing operations	$ (0.01)	$ (0.08)	$ (0.02)	$ (0.16)
Basic and diluted net loss per share - discontinued operations		$ (0.01)		$ (0.01)
Weighted average number of shares outstanding
Basic and diluted	90,028	41,366	89,223	36,902
Software And Production Costs [Member]
Cost of revenue:
Total cost of revenue	$ 88	$ 17	$ 170	$ 17
Amortization Of Intangible Assets [Member]
Cost of revenue:
Total cost of revenue	$ 215	$ 656	$ 375	$ 1,061

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income (Loss) (unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Statement of Comprehensive Income [Abstract]
Net loss	$ (1,084)	$ (3,182)	$ (1,740)	$ (5,756)
Other comprehensive income:
Foreign currency translation adjustment loss			11	(14)
Total comprehensive loss	$ (1,084)	$ (3,182)	$ (1,729)	$ (5,770)

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Equity (unaudited) - USD ($) $ in Thousands	Mezzanine Equity	Common Stock	Additional Paid-In	Stock Subscription Receivable	Accumulated Deficit	Accumulated OCI	Stock subscription receivable	Non-Controlling Interest	Total
Balance at beginning at Dec. 31, 2017		$ 3	$ 48,356		$ (41,085)	$ (22)			$ 7,252
Balance at beginning (in shares) at Dec. 31, 2017		30,255
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss					(2,574)			(120)	(2,694)
Foreign currency translation						(1)			(1)
Issuance of shares for services	$ 199		728						728
Issuance of shares for services (in shares)	171	476
Issuance of shares for acquisitions		$ 2,333	2,507					1,353	3,860
Issuance of shares for acquisitions (in shares)
Issuance of shares for exercise of warrants			563						563
Issuance of shares for exercise of warrants (in shares)		750
Issuance of shares for conversion of debt	$ 406
Issuance of shares for conversion of debt (in shares)	677
Conversion benefit on convertible notes			200						200
Increase in service compensation due to change in change in exercise price
Issuance of shares for cash
Issuance of shares for cash (in Shares)
Balance at ending at Mar. 31, 2018	$ 605	$ 3	52,354		(43,659)	(23)		1,233	9,908
Balance at ending (in shares) at Mar. 31, 2018	848	33,814
Balance at beginning at Dec. 31, 2017		$ 3	48,356		(41,085)	(22)			7,252
Balance at beginning (in shares) at Dec. 31, 2017		30,255
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Foreign currency translation									(14)
Balance at ending at Jun. 30, 2018	$ 605	$ 4	62,627		(46,841)	(36)	(370)	5,824	21,208
Balance at ending (in shares) at Jun. 30, 2018	848	51,354
Balance at beginning at Mar. 31, 2018	$ 605	$ 3	52,354		(43,659)	(23)		1,233	9,908
Balance at beginning (in shares) at Mar. 31, 2018	848	33,814
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss					(3,182)			(346)	(3,528)
Foreign currency translation						(13)
Issuance of shares for services			2,897						2,897
Issuance of shares for services (in shares)		4,619
Issuance of shares for acquisitions		$ 1	5,422					4,937	10,360
Issuance of shares for acquisitions (in shares)		7,794
Issuance of shares for exercise of warrants		$ 2,700	795				(370)		425
Issuance of shares for exercise of warrants (in shares)
Increase in service compensation due to change in change in exercise price			403						403
Issuance of shares for cash		$ 1,750	350						350
Issuance of shares for cash (in Shares)
Issuance of shares for exercise of convertible promissory notes			406						406
Issuance of shares for exercise of convertible promissory notes (in shares)		677
Balance at ending at Jun. 30, 2018	$ 605	$ 4	62,627		(46,841)	(36)	(370)	5,824	21,208
Balance at ending (in shares) at Jun. 30, 2018	848	51,354
Balance at beginning at Dec. 31, 2018	$ 605	$ 8	62,600	(1,425)	(54,854)	(35)		1,571	7,865
Balance at beginning (in shares) at Dec. 31, 2018	848	87,560
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss					(656)			(34)	(690)
Foreign currency translation						11			11
Disposal of equity in Banana Whale Studios PTE Limited								(449)	(449)
Balance at ending at Mar. 31, 2019	$ 605	$ 8	62,600	(1,425)	(55,510)	(24)		1,088	6,737
Balance at ending (in shares) at Mar. 31, 2019	848	87,560
Balance at beginning at Dec. 31, 2018	$ 605	$ 8	62,600	(1,425)	(54,854)	(35)		1,571	7,865
Balance at beginning (in shares) at Dec. 31, 2018	848	87,560
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Foreign currency translation									11
Balance at ending at Jun. 30, 2019	$ 605	$ 9	62,876	(1,425)	(56,594)	(24)		1,022	5,864
Balance at ending (in shares) at Jun. 30, 2019	848	94,609
Balance at beginning at Mar. 31, 2019	$ 605	$ 8	62,600	(1,425)	(55,510)	(24)		1,088	6,737
Balance at beginning (in shares) at Mar. 31, 2019	848	87,560
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss					(1,084)			(66)	(1,150)
Shares issuance for contract modification			127						127
Shares issuance for contract modification (in Share)		2,049
Shares issued for services to be provided		$ 1	149						150
Shares issued for services to be provided (in Shares)		5,000
Balance at ending at Jun. 30, 2019	$ 605	$ 9	$ 62,876	$ (1,425)	$ (56,594)	$ (24)		$ 1,022	$ 5,864
Balance at ending (in shares) at Jun. 30, 2019	848	94,609

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Cash flows from operating activities:
Net loss for the period	$ (1,840)	$ (5,926)
Adjustment to reconcile net loss for the period to net cash flows from operating activities:
Depreciation of property and equipment	6	1
Amortization of intangible assets	375	1,061
Gain on sale of interest in subsidiary	(553)
Amortization of beneficial conversion feature		355
Shares issued for services		3,282
Shares issued for contract modification	127
Amortization of shares issued for services	423	624
Changes in operating assets and liabilities:
Deferred production costs	68
Accounts receivable	71	(237)
Other assets	(75)	(476)
Deferred revenue	(290)
Accounts payable and accrued expenses	287	(66)
Net cash flows from continuing operating activities	(1,401)	(1,382)
Net cash flows from discontinued operating activities		(137)
Net cash flows from total operating activities	(1,401)	(1,519)
Cash used in investing activities:
Cash advances to acquisition target	(126)
Proceeds from sale of interest in subsidiary	1,500
Cash consideration on acquisitions (net of cash acquired)		(108)
Acquisition of fixed assets	(40)	(1)
Net cash flows from continuing investing activities	1,334	(109)
Net cash flows from discontinued investing activities		(1)
Net cash flows from total investing activities	1,334	(110)
Cash flows from financing activities:
Proceeds from issuance of shares		350
Proceeds from exercise of warrants		988
Proceeds from issuance of convertible notes		200
Proceeds from loan	500
Proceeds from finance contracts	51
Repayment of advances from related parties (net)		(78)
Net cash flows from financing activities	551	1,460
Increase (decrease) in cash during the period	484	(169)
Foreign exchange effect on cash	10	10
Cash at beginning of the period	353	763
Cash at end of the period	847	604
Non-cash financing transactions:
Common stock issued for business combinations		14,220
Common stock issued for conversion of debt		$ 406

Description of Business, Organi

Description of Business, Organization and Principles of Consolidation	6 Months Ended
	Jun. 30, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of Business, Organization and Principles of Consolidation	Note 1. Description of Business, Organization and Principles of Consolidation Description of Business One Horizon Group, Inc (“the Company”) has the following three core businesses: (i) 123Wish, Inc. (“123Wish”) – an experience based platform where subscribers have a chance to play and win experiences from celebrities, athletes and artists. (ii) Love Media House, Inc. formerly known as C-Rod, Inc. (“Love Media House”) - a full-service music production, artist representation and digital media business that provides (iii) Browning Productions & Entertainment, Inc. (“Browning Productions”) - a full service video production company and executive producer for all entertainment projects. Browning distributes content on a proprietary Internet/Over-The-Top (“OTT”) content platform that operates in conjunction with Verizon Digital Media Services (“VDMS”). Browning has produced and has ownership rights to several national and international television programs currently airing on a number of acclaimed television networks. Browning’s team is comprised of award-winning professionals and offers end-to-end marketing services. In February 2019, the Company entered into an agreement to acquire a majority interest in Maham LLC, an innovative, technology driven yoga studio concept, which the Company expects to close during the third quarter of 2019. The Company is based in the United States of America, Hong Kong, Singapore, China and the United Kingdom. Interim Period Financial Statements The accompanying unaudited interim condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States (“GAAP”) for interim financial information and with the Securities and Exchange Commission’ instructions. Accordingly, they do not include all the information and footnotes required by GAAP for complete financial statements. The results of operations reflect interim adjustments, all of which are of a normal recurring nature and, in the opinion of management, are necessary for a fair presentation of the results for such interim period. The results reported in these interim condensed consolidated financial statements should not be regarded as necessarily indicative of results that may be expected for the entire year. Certain information and note disclosure normally included in financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to the Securities and Exchange Commission’s rules and regulations. These unaudited interim consolidated financial statements should be read in conjunction with the audited consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2018, as filed with the Securities and Exchange Commission on April 15, 2019. Current Structure of the Company The Company has the following subsidiaries: Subsidiary name % Owned ● 123Wish, Inc. 51 % ● One Horizon Hong Kong Ltd 100 % ● Horizon Network Technology Co. Ltd 100 % ● Love Media House, Inc 100 % ● Browning Productions & Entertainment, Inc. 51 % In addition to the subsidiaries listed above, Suzhou Aishuo Network Information Co., Ltd (“Suzhou Aishuo”) is a limited liability company, organized in China and controlled by the Company via various contractual arrangements. Suzhou Aishuo is treated as one of our subsidiaries for financial reporting purposes in accordance with GAAP. All significant intercompany balances and transactions have been eliminated in consolidation.

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2019
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 2. Summary of Significant Accounting Policies Liquidity and Capital Resources Historically, the Company has incurred net losses and negative cash flows from operations which raise substantial doubt about the Company's ability to continue as a going concern. The Company has principally financed these losses from the sale of equity securities and the issuance of debt instruments. The Company may be required to raise additional funds through various sources, such as equity and debt financings. While the Company believes it is probable that such financings could be secured, there can be no assurance the Company will be able to secure additional sources of funds to support its operations, or if such funds are available, that such additional financing will be sufficient to meet the Company's needs or on terms acceptable to us. At June 30, 2019, the Company had cash of approximately $847,000. Together with the Company's current operational plan and budget, the Company believes that it is probable that it will have sufficient cash to fund its operations into at least the fourth quarter of 2020. However, actual results could differ materially from the Company's projections. On August 5 th However, actual results could materially differ from the Company's projections. Accordingly, the Company may be required to raise additional funds through various sources. While the Company believes it is probable that such financings could be secured, there can be no assurance that the Company will be able to secure additional sources of funds to support its operations, or if such funds are available, that such additional financing will be sufficient to meet the Company's needs or on terms acceptable to us. Foreign Currency Translation The reporting currency of the Company is the United States dollar. Assets and liabilities other than those denominated in U.S. dollars, primarily in Singapore, the United Kingdom and China, are translated into United States dollars at the rate of exchange at the balance sheet date. Revenues and expenses are translated at the average rate of exchange throughout the period. Gains or losses from these translations are reported as a separate component of other comprehensive income (loss) until all or a part of the investment in the subsidiaries is sold or liquidated. The translation adjustments do not recognize the effect of income tax because the Company expects to reinvest the amounts indefinitely in operations. Transaction gains and losses that arise from exchange-rate fluctuations on transactions denominated in a currency other than the functional currency are included in general and administrative expenses. Accounts Receivable, Revenue Recognition and Concentrations Performance Obligations Revenue Recognition 1. 123Wish derives income from user subscriptions, sale of merchandise, sale of tickets for experiences with social media influencers and artists, and the sale of corporate sponsorships, each of which is a separate performance obligation. User subscriptions cover a defined period of time (typically one month) and the revenue is recognized as the Company satisfies the requisite performance obligation (over the defined subscription period). Sale of merchandise and tickets are recognized when the customer has paid for the item and when the merchandise and/or ticket has been delivered to the customer. Corporate sponsorship packages are non-refundable and relate to brand association. The Company has no further service deliverable to the sponsor and the revenue is recognized when the agreement is entered into by both parties and the required marketing materials have been delivered to the corporate sponsor for their use. 2. Love Media House derives income from recording and video services. Income is recognized when the recording and video services are performed and the final customer product is delivered and the point at which the performance obligation is satisfied. These revenues are non-refundable. 3. Browning Production & Entertainment, Inc derives income from the advertising associated with the airing of television series produced by BP&E and also license income from the show of series on certain channels based on the number of viewers attracted. Advertising revenue is recognized when the series to which the advertising relates is aired. The Company does not have off-balance sheet credit exposure related to its customers. As of June 30, 2019 three customers accounted for 76% of the accounts receivable balance and as of December 31, 2018, three customers accounted for 68% of the accounts receivable balance. Three customers accounted for 34% of the revenue for the six months ended June 30, 2019 and one customer accounted for 82% of the revenue for the six months ended June 30, 2018. Income Taxes The Company continually evaluates its uncertain income tax positions and may record a liability for any unrecognized tax benefits resulting from uncertain income tax positions taken or expected to be taken in an income tax return. Estimated interest and penalties are recorded as a component of interest expense and other expense, respectively. Because tax laws are complex and subject to different interpretations, significant judgment is required. As a result, the Company makes certain estimates and assumptions in: (1) calculating its income tax expense, deferred tax assets, and deferred tax liabilities; (2) determining any valuation allowance recorded against deferred tax assets; and (3) evaluating the amount of unrecognized tax benefits, as well as the interest and penalties related to such uncertain tax positions. The Company's estimates and assumptions may differ significantly from tax benefits ultimately realized. Historically the Company has not filed income tax returns and the related required informational filings in the US. Certain informational filings if not filed contain penalties and such penalties could be material. The Company is currently addressing this issue with advisors to determine the amount, if any, of potential payments due. Given the complexity of the issue the Company is unable to quantify a range of potential loss, if any. Accordingly no liability has been recorded in the accompanying consolidated balance sheets in respect of this matter. Net Loss per Share Basic net loss per share is calculated by dividing the net loss attributable to common shareholders by the weighted average number of common shares outstanding in the period. Diluted loss per share takes into consideration common shares outstanding (computed under basic loss per share) and potentially dilutive securities. For the three and six month periods ended June 30, 2019 and 2018, outstanding warrants are antidilutive because of net losses, and as such, their effect has not been included in the calculation of diluted net loss per share. Common shares issuable are considered outstanding as of the original approval date for purposes of earnings per share computations. Use of Estimates The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the fiscal period. The Company makes estimates for, among other items, useful lives for depreciation and amortization, determination of future cash flows associated with impairment testing for long-lived assets, determination of the fair value of stock options and warrants, determining fair values of assets acquired and liabilities assumed in business combinations, valuation allowance for deferred tax assets, allowances for doubtful accounts, and potential income tax assessments and other contingencies. The Company bases its estimates on historical experience, current conditions, and other assumptions that it believes to be reasonable under the circumstances. Actual results could differ from those estimates and assumptions. Recently Adopted Accounting Pronouncements In February 2016, the FASB issued ASU 2016-02, "Leases," which created a new Topic, ASC Topic 842 and established the core principle that a lessee should recognize the assets, representing rights-of-use, and liabilities to make lease payments, that arise from leases. For leases with a term of 12 months or less, a lessee is permitted to make an election under which such assets and liabilities would not be recognized, and lease expense would be recognized generally on a straight-line basis over the lease term. This standard is effective for the Company beginning in 2019 and was adopted by the Company for the year beginning January 1, 2019. The Company has evaluated the impact of this revised guidance on its financial statements and determined it had no material impact, as the Company has no leasing arrangements with terms greater than one year. Share-Based Compensation The Company accounts for stock-based awards at fair value on date of grant and recognition of compensation over the service period for awards expected to vest. The fair value of stock options is determined using the Black-Scholes option pricing model, which includes subjective judgements about the expected life of the awards, forfeiture rates and stock price volatility.

Discontinued Operations

Discontinued Operations	6 Months Ended
	Jun. 30, 2019
Discontinued Operations and Disposal Groups [Abstract]
Discontinued operations	Note 3. Discontinued operations In November 2018 the management of the Company’s then 51% controlled subsidiary, Banana Whale Studios PTE Ltd. (“BWS”), entered into discussions whereby the Company would sell its shares of BWS to a third party. Under the agreement, which has an effective date of January 1, 2019, the Company received cash of $1,500,000 and a promissory note of $500,000 and the return of the 7,383,000 Company shares issued on acquisition. The Company shares are held in Escrow for a minimum of three months to secure certain warranties given by the Company on closure. The Company realized a gain of $553,000 on the sale of its 51% interest is BWS during the six months ended June 30, 2019.

Intangible Assets

Intangible Assets	6 Months Ended
	Jun. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets	Note 4. Intangible Assets Intangible assets consists of the following (in thousands): June 30 December 31 2019 2018 Horizon software $ 567 $ 548 Social online application software 2,307 2,307 Customer lists 997 900 3,871 3,755 Less accumulated amortization (947 ) (571 ) Intangible assets, net $ 2,924 $ 3,184

Goodwill

Goodwill	6 Months Ended
	Jun. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	Note 5. Goodwill Goodwill consists of the following (in thousands): June 30 December 31 2019 2018 123Wish, Inc. $ 419 $ 419 Love Media House, Inc. 1,172 1,172 Browning Productions & Entertainment, Inc. 622 622 $ 2,213 $ 2,213

Equipment Note Payable

Equipment Note Payable	6 Months Ended
	Jun. 30, 2019
Long-term Debt, Unclassified [Abstract]
Equipment Note Payable	Note 6. Equipment Note Payable During the six months ended June 30, 2019, the Company financed the purchase of certain production equipment through a five year finance contract payable at $830 per month including interest of approximately 20% per annum.

Amounts due to Related Parties

Amounts due to Related Parties	6 Months Ended
	Jun. 30, 2019
Related Party Transactions [Abstract]
Amounts due to Related Parties	Note 7. Amounts due to Related Parties As of June 30, 2019, amounts totaling $205,000 (December 31, 2018 - $205,000) were owed to certain members of the management at subsidiary companies. The amounts are unsecured, interest free and have no specified repayment dates.

Notes Payable

Notes Payable	6 Months Ended
	Jun. 30, 2019
Debt Disclosure [Abstract]
Notes Payable	Note 8. Notes Payable a) Promissory notes. The promissory notes due to Zhanming Wu ($500,000) and the Company’s CEO, Mark White ($500,000), both considered related parties, including accrued interest of 7% per annum from issuance, are due for repayment on August 31, 2019. b) Short term loan The loan payable in the amount of $500,000 is due to Century River, a company controlled by the Company’s CEO, Mark White. This loan is due on demand and bears interest of 3% per annum. c) Other notes payable. Notes payable by Browning Productions & Entertainment, Inc. totaling $121,000 are due to unrelated parties and are repayable on demand and interest bearing at average rates of 5.4% per year.

Share Capital

Share Capital	6 Months Ended
	Jun. 30, 2019
Stockholders' Equity Note [Abstract]
Share Capital	Note 9. Share Capital Common Stock The Company is authorized to issue 200 million shares of common stock, par value of $0.0001. During the six months ended June 30, 2019 the Company issued shares of common stock as follows: · 2,048,334 shares of common stock, with a fair value of $126,760, as additional compensation related to acquisition of Browning Production & Entertainment. · 5,000,000 shares of common stock, with a fair value of $150,000, for consulting services to be provided. Stock Purchase Warrants As at June 30, 2019, the Company had reserved 185,169 shares of its common stock for the outstanding warrants with weighted average exercise price of $0.80. Such warrants expire at various times through July 2020. During the six months ended June 30, 2019, no warrants were issued, forfeited or exercised.

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
	Jun. 30, 2019
Share-based Payment Arrangement [Abstract]
Stock-Based Compensation	Note 10. Stock-Based Compensation The shareholders approved a stock option plan on August 6, 2013, the 2013 Equity Incentive Plan (“2013 Plan”). The 2013 Plan is for the issuance of stock options, stock appreciation rights, restricted stock, restricted stock units, performance awards, dividend equivalents, cash bonuses and other stock-based awards to employees, directors and consultants of the Company. There have been no options issued in the six months ended June 30, 2019 and 2018 and there are no options outstanding as at June 30, 2019. In March 2018 the Company adopted an Equity Incentive Plan (“the 2018 Plan”) to provide additional incentives to the employees, directors and consultants of the Company to promote the success of the Company’s business. During the six months ended June 30, 2019, no common stock of the Company was issued under the 2018 Plan.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2019
Accounting Policies [Abstract]
Liquidity and Capital Resources	Liquidity and Capital Resources Historically, the Company has incurred net losses and negative cash flows from operations which raise substantial doubt about the Company's ability to continue as a going concern. The Company has principally financed these losses from the sale of equity securities and the issuance of debt instruments. The Company may be required to raise additional funds through various sources, such as equity and debt financings. While the Company believes it is probable that such financings could be secured, there can be no assurance the Company will be able to secure additional sources of funds to support its operations, or if such funds are available, that such additional financing will be sufficient to meet the Company's needs or on terms acceptable to us. At June 30, 2019, the Company had cash of approximately $847,000. Together with the Company's current operational plan and budget, the Company believes that it is probable that it will have sufficient cash to fund its operations into at least the fourth quarter of 2020. However, actual results could differ materially from the Company's projections. On August 5 th However, actual results could materially differ from the Company's projections. Accordingly, the Company may be required to raise additional funds through various sources. While the Company believes it is probable that such financings could be secured, there can be no assurance that the Company will be able to secure additional sources of funds to support its operations, or if such funds are available, that such additional financing will be sufficient to meet the Company's needs or on terms acceptable to us.
Foreign Currency Translation	Foreign Currency Translation The reporting currency of the Company is the United States dollar. Assets and liabilities other than those denominated in U.S. dollars, primarily in Singapore, the United Kingdom and China, are translated into United States dollars at the rate of exchange at the balance sheet date. Revenues and expenses are translated at the average rate of exchange throughout the period. Gains or losses from these translations are reported as a separate component of other comprehensive income (loss) until all or a part of the investment in the subsidiaries is sold or liquidated. The translation adjustments do not recognize the effect of income tax because the Company expects to reinvest the amounts indefinitely in operations. Transaction gains and losses that arise from exchange-rate fluctuations on transactions denominated in a currency other than the functional currency are included in general and administrative expenses.
Accounts Receivable, Revenue Recognition and Concentrations	Accounts Receivable, Revenue Recognition and Concentrations Performance Obligations Revenue Recognition 1. 123Wish derives income from user subscriptions, sale of merchandise, sale of tickets for experiences with social media influencers and artists, and the sale of corporate sponsorships, each of which is a separate performance obligation. User subscriptions cover a defined period of time (typically one month) and the revenue is recognized as the Company satisfies the requisite performance obligation (over the defined subscription period). Sale of merchandise and tickets are recognized when the customer has paid for the item and when the merchandise and/or ticket has been delivered to the customer. Corporate sponsorship packages are non-refundable and relate to brand association. The Company has no further service deliverable to the sponsor and the revenue is recognized when the agreement is entered into by both parties and the required marketing materials have been delivered to the corporate sponsor for their use. 2. Love Media House derives income from recording and video services. Income is recognized when the recording and video services are performed and the final customer product is delivered and the point at which the performance obligation is satisfied. These revenues are non-refundable. 3. Browning Production & Entertainment, Inc derives income from the advertising associated with the airing of television series produced by BP&E and also license income from the show of series on certain channels based on the number of viewers attracted. Advertising revenue is recognized when the series to which the advertising relates is aired. The Company does not have off-balance sheet credit exposure related to its customers. As of June 30, 2019 three customers accounted for 76% of the accounts receivable balance and as of December 31, 2018, three customers accounted for 68% of the accounts receivable balance. Three customers accounted for 34% of the revenue for the six months ended June 30, 2019 and one customer accounted for 82% of the revenue for the six months ended June 30, 2018.
Income Taxes	Income Taxes The Company continually evaluates its uncertain income tax positions and may record a liability for any unrecognized tax benefits resulting from uncertain income tax positions taken or expected to be taken in an income tax return. Estimated interest and penalties are recorded as a component of interest expense and other expense, respectively. Because tax laws are complex and subject to different interpretations, significant judgment is required. As a result, the Company makes certain estimates and assumptions in: (1) calculating its income tax expense, deferred tax assets, and deferred tax liabilities; (2) determining any valuation allowance recorded against deferred tax assets; and (3) evaluating the amount of unrecognized tax benefits, as well as the interest and penalties related to such uncertain tax positions. The Company’s estimates and assumptions may differ significantly from tax benefits ultimately realized. Historically the Company has not filed income tax returns and the related required informational filings in the US. Certain informational filings if not filed contain penalties and such penalties could be material. The Company is currently addressing this issue with advisors to determine the amount, if any, of potential payments due. Given the complexity of the issue the Company is unable to quantify a range of potential loss, if any. Accordingly no liability has been recorded in the accompanying consolidated balance sheets in respect of this matter.
Net Loss per Share	Net Loss per Share Basic net loss per share is calculated by dividing the net loss attributable to common shareholders by the weighted average number of common shares outstanding in the period. Diluted loss per share takes into consideration common shares outstanding (computed under basic loss per share) and potentially dilutive securities. For the three and six month periods ended June 30, 2019 and 2018, outstanding warrants are antidilutive because of net losses, and as such, their effect has not been included in the calculation of diluted net loss per share. Common shares issuable are considered outstanding as of the original approval date for purposes of earnings per share computations.
Use of Estimates	Use of Estimates The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the fiscal period. The Company makes estimates for, among other items, useful lives for depreciation and amortization, determination of future cash flows associated with impairment testing for long-lived assets, determination of the fair value of stock options and warrants, determining fair values of assets acquired and liabilities assumed in business combinations, valuation allowance for deferred tax assets, allowances for doubtful accounts, and potential income tax assessments and other contingencies. The Company bases its estimates on historical experience, current conditions, and other assumptions that it believes to be reasonable under the circumstances. Actual results could differ from those estimates and assumptions.
Recently Adopted Accounting Pronouncements	Recently Adopted Accounting Pronouncements In February 2016, the FASB issued ASU 2016-02, “Leases,” which created a new Topic, ASC Topic 842 and established the core principle that a lessee should recognize the assets, representing rights-of-use, and liabilities to make lease payments, that arise from leases. For leases with a term of 12 months or less, a lessee is permitted to make an election under which such assets and liabilities would not be recognized, and lease expense would be recognized generally on a straight-line basis over the lease term. This standard is effective for the Company beginning in 2019 and was adopted by the Company for the year beginning January 1, 2019. The Company has evaluated the impact of this revised guidance on its financial statements and determined it had no material impact, as the Company has no leasing arrangements with terms greater than one year.
Share-Based Compensation	Share-Based Compensation The Company accounts for stock-based awards at fair value on date of grant and recognition of compensation over the service period for awards expected to vest. The fair value of stock options is determined using the Black-Scholes option pricing model, which includes subjective judgements about the expected life of the awards, forfeiture rates and stock price volatility.

Intangible Assets (Tables)

Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of intangible assets	June 30 December 31 2019 2018 Horizon software $ 567 $ 548 Social online application software 2,307 2,307 Customer lists 997 900 3,871 3,755 Less accumulated amortization (947 ) (571 ) Intangible assets, net $ 2,924 $ 3,184

Goodwill (Tables)

Goodwill (Tables)	6 Months Ended
	Jun. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of goodwill	June 30 December 31 2019 2018 123Wish, Inc. $ 419 $ 419 Love Media House, Inc. 1,172 1,172 Browning Productions & Entertainment, Inc. 622 622 $ 2,213 $ 2,213

Description of Business, Orga_2

Description of Business, Organization and Principles of Consolidation (Details)	Jun. 30, 2019
123Wish, Inc. [Member]
Ownership percentage acquired	51.00%
One Horizon Hong Kong Ltd [Member]
Ownership percentage acquired	100.00%
Horizon Network Technology Co. Ltd [Member]
Ownership percentage acquired	100.00%
Love Media House, Inc. [Member]
Ownership percentage acquired	100.00%
Browning Productions & Entertainment, Inc. [Member]
Ownership percentage acquired	51.00%

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Details) $ in Thousands	1 Months Ended	6 Months Ended		12 Months Ended
	Aug. 05, 2019	Jun. 30, 2019USD ($)Number	Jun. 30, 2018USD ($)Number	Dec. 31, 2018USD ($)Number	Dec. 31, 2017USD ($)
Summary of significant accounting policies (Textual)
Cash | $		$ 847	$ 604	$ 353	$ 763
Customer Concentration Risk [Member] | Accounts receivable [Member]
Summary of significant accounting policies (Textual)
Number of customers		3		3
Percentage of concentration risk		76.00%		68.00%
Customer Concentration Risk [Member] | Revenue [Member]
Summary of significant accounting policies (Textual)
Number of customers		3	1
Percentage of concentration risk		34.00%	82.00%
Equity Purchase Agreement [Member] | Crown Bridge Partners, LLC [Member] | Subsequent Event [Member]
Summary of significant accounting policies (Textual)
Description of committed to purchase	The Company entered into an Equity Purchase agreement with Crown Bridge Partners, LLC ("Crown"), whereby Crown are committed to purchase up to $10.0 million of new common stock from the Company at the Company's option during the next three years. The amount is determined by the market value of trades and priced at an 18% discount to average market price. As of today no shares have been sold under the Crown Equity Purchase plan. In coordination with the Equity Purchase agreement the Company entered into a six month loan with Labrys Fund, LP of $180,000 issued at a 10% original issue discount, the Company therefore received net proceeds of $162,000. and an annual coupon rate of 12%.

Discontinued Operations (Detail

Discontinued Operations (Details) - USD ($) $ in Thousands	Feb. 04, 2019	Jan. 02, 2019	Jun. 30, 2019	Jun. 30, 2018	Nov. 30, 2018
Discontinued operations (Textual)
Cash				$ 108
Banana Whale Studios PTE Ltd [Member]
Discontinued operations (Textual)
Number of shares issued upon acquistion	7,383,000
Cash		$ 1,500
Promissory notes payable		$ 500
Banana Whale Studios PTE Ltd [Member] | Discontinued Operations [Member]
Discontinued operations (Textual)
Ownership percentage acquired			51.00%		51.00%
Gain on disposition of business			$ 553
Browning Productions And Entertainment, Inc. [Member]
Discontinued operations (Textual)
Ownership percentage acquired			51.00%
Love Media House, Inc. (formerly C-Rod, Inc.)
Discontinued operations (Textual)
Ownership percentage acquired				100.00%
123Wish, Inc. [Member]
Discontinued operations (Textual)
Ownership percentage acquired			51.00%

Intangible Assets (Details)

Intangible Assets (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Intangible Assets (Textual)
Intangible assets, gross	$ 3,871	$ 3,755
Less accumulated amortization	(947)	(571)
Intangible assets, net	2,924	3,184
Horizon software [Member]
Intangible Assets (Textual)
Intangible assets, gross	567	548
Social online application software [Member]
Intangible Assets (Textual)
Intangible assets, gross	2,307	2,307
Customer lists [Member]
Intangible Assets (Textual)
Intangible assets, gross	$ 997	$ 900

Goodwill (Details)

Goodwill (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Goodwill (Textual)
Goodwill	$ 2,213	$ 2,213
123Wish, Inc. [Member]
Goodwill (Textual)
Goodwill	419	419
Love Media House, Inc. [Member]
Goodwill (Textual)
Goodwill	1,172	1,172
Browning Productions & Entertainment, Inc. [Member]
Goodwill (Textual)
Goodwill	$ 622	$ 622

Equipment Note Payable (Details

Equipment Note Payable (Details) $ in Thousands	Jun. 30, 2019USD ($)
Long-term Debt, Unclassified [Abstract]
Purchase production equipment	$ 830
Contract payable	5 years
Long-term debt interest	20.00%

Amounts due to Related Parties

Amounts due to Related Parties (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Related Party Transactions [Abstract]
Amounts due to related parties	$ 205	$ 205

Notes Payable (Details)

Notes Payable (Details) $ in Thousands	Jun. 30, 2019USD ($)
7% Convertible Notes Payable Due August 31, 2019 [Member]
Debt interest percentage	7.00%
Zhanming Wu [Member] | 7% Convertible Notes Payable Due August 31, 2019 [Member]
Debt principal amount	$ 500
Mark White [Member]
Loan payable	$ 500
Debt interest percentage	3.00%
Mark White [Member] | 7% Convertible Notes Payable Due August 31, 2019 [Member]
Debt principal amount	$ 500
Productions And Entertainment, Inc [Member] | Notes Payable [Member]
Debt principal amount	$ 121
Debt interest percentage	5.40%

Share Capital (Details)

Share Capital (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Mar. 31, 2018	Jun. 30, 2019	Dec. 31, 2018
Share Capital (Textual)
Common stock, authorized			200,000,000	200,000,000
Common stock, par value (in dollars per share)			$ 0.0001	$ 0.0001
Fair value amount	$ 350,000
Consulting services [Member]
Share Capital (Textual)
Common stock shares			5,000,000
Fair value amount			$ 150,000
Browning Production & Entertainment [Member]
Share Capital (Textual)
Common stock shares			2,048,334
Fair value amount			$ 126,760
WarrantMember
Share Capital (Textual)
Number of stock reserved for issuance of warrant			185,169
Maturity term			2020-07
Exercise price (in dollars per share)			$ 0.80