Touchpoint (TGHI) 10-K 15 Apr 19 2018 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Apr. 10, 2019	Jun. 29, 2018
Document And Entity Information
Entity Registrant Name	One Horizon Group, Inc.
Entity Central Index Key	0000225211
Document Type	10-K
Trading Symbol	OHGI
Document Period End Date	Dec. 31, 2018
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity a Well-known Seasoned Issuer	No
Entity a Voluntary Filer	No
Entity's Reporting Status Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Ex Transition Period	false
Entity Shell Company	false
Entity Public Float			$ 13,500
Entity Common Stock, Shares Outstanding		88,401,431
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2018

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Current assets:
Cash	$ 353	$ 763
Accounts receivable, net	325	102
Prepaid compensation	550	550
Investment	100
Other receivable	2,022
Advances to acquisition target	70
Deferred production costs	87
Other current assets	386	28
Current assets of continued operations	3,893	1,443
Current assets of discontinued operations	129
Total current assets	4,022	1,443
Property and equipment, net	3	2
Goodwill	2,213
Intangible assets, net	3,184	5,340
Prepaid compensation (non-current)	1,467	2,017
Non current assets of discontinued operations	36
Total assets	10,925	8,802
Current liabilities:
Accounts payable	334	167
Accrued expenses	156	55
Accrued compensation	181	251
Deferred income	177
Notes payable	101	32
Notes payable, related parties	205
Convertible notes, net of debt discount of $155		45
Promissory notes, related parties	1,000
Current liabilities of continued operations	2,154	550
Current liabilities of discontinued operations	301
Total current liabilities	2,455	550
Long-term liabilities
Promissory notes, related parties		1,000
Total liabilities	2,455	1,550
Temporary Equity - redeemable common stock outstanding 848,611	605
One Horizon Group, Inc. stockholders' equity
Preferred stock: $0.0001 par value, authorized 50,000,000; nil shares issued or outstanding
Common stock: $0.0001 par value, authorized 200,000,000 shares, issued and outstanding 87,559,672 (2018) and 30,255,123 (2017)	8	3
Additional paid-in capital	62,600	48,356
Share subscription receivable	(1,425)
Accumulated (Deficit)	(54,854)	(41,085)
Accumulated other comprehensive loss	(35)	(22)
Total One Horizon Group, Inc stockholders' equity	6,294	7,252
Non-controlling interest	1,571
Total stockholders' equity	7,865	7,252
Total liabilities, temporary equity and stockholders' equity	$ 10,925	$ 8,802

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Statement of Financial Position [Abstract]
Convertible notes, debt discount	$ 155	$ 155
Redeemable common stock outstanding	848,611
Preferred stock: par value (in dollars per share)	$ 0.0001	$ 0.0001
Preferred stock: authorized	50,000,000	50,000,000
Preferred stock: issued
Preferred stock: outstanding
Common stock: par value (in dollars per share)	$ 0.0001	$ 0.0001
Common stock: authorized	200,000,000	200,000,000
Common stock: issued	87,559,672	30,255,123
Common stock: outstanding	87,559,672	30,255,123

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Revenue	$ 787	$ 714
Cost of revenue
Total cost of revenue	2,239	855
Gross deficit	(1,452)	(141)
Expenses:
General and administrative	7,139	4,236
Acquisition related costs	1,874
Depreciation	1	17
Intangible asset impairment charge	3,761
Total expenses	12,775	4,253
Loss from operations	(14,227)	(4,394)
Other income and expense:
Interest expense	(428)	(666)
Other income (Note 3)	989
Foreign currency exchange (losses)/gains	(5)	1
Total other income and expense	556	(665)
Loss from continuing operations	(13,671)	(5,059)
Loss from discontinued operations	(908)	(2,375)
Net loss for the year	(14,579)	(7,434)
Net loss attributable to non controlling interest	810
Net loss attributable to One Horizon Group, Inc. Common stockholders	$ (13,769)	$ (7,434)
Earnings per share
Basic and diluted net loss per share - Continuing operations (in dollars per share)	$ (0.27)	$ (0.40)
Basic and diluted net loss per share - Discontinued operations (in dollars per share)	$ (0.02)	$ (0.19)
Weighted average number of shares outstanding
Basic and diluted (in shares)	50,857	12,534
Software And Production Costs [Member]
Cost of revenue
Total cost of revenue	$ 91
Amortization Of Intangible Assets [Member]
Cost of revenue
Total cost of revenue	$ 2,148	$ 855

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Loss - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Consolidated Statements Of Comprehensive Loss
Net loss	$ (13,769)	$ (7,434)
Other comprehensive loss:
Foreign currency translation adjustment loss	(13)	(51)
Total comprehensive loss	$ (13,782)	$ (7,485)

Consolidated Statements of Temp

Consolidated Statements of Temporary and Stockholders' Equity - USD ($) $ in Thousands	Temporary Equity [Member]	Common Stock [Member]	Additional Paid-In Capital [Member]	Stock Subscription Receivable [Member]	Accumulated Deficit [Member]	Accumulated OCI [Member]	Non-Controlling Interest [Member]	Total
Balance at beginning at Dec. 31, 2016		$ 1	$ 37,504		$ (33,590)	$ 29		$ 3,944
Balance at beginning (in shares) at Dec. 31, 2016		6,145
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss					(7,434)			(7,434)
Foreign currency translation						(51)		(51)
Deemed distribution			61		(61)
Shares issued for services provided			4,170					4,170
Shares issued for services provided (in shares)		4,275
Shares issued for exercise of warrants			980					$ 980
Shares issued for exercise of warrants (in shares)		1,521						417,461
Warrants issued for services			1,486					$ 1,486
Warrants issued for services (in shares)
Reclassification of redeemable preference shares			62					62
Shares issued in settlement of debt			692					$ 692
Shares issued in settlement of debt (in shares)		897						859,802
Conversion of preferred stock and note payable to common stock		$ 1	(500)					$ (499)
Conversion of preferred stock and note payable to common stock (in shares)		4,000
Conversion of debenture to common stock		$ 1	3,349					3,350
Conversion of debenture to common stock (in shares)		13,000
Beneficial conversion feature			155					155
Shares issued for sale of stock			265					265
Shares issued for sale of stock (in shares)		417
Options issued for services			132					132
Balance at ending at Dec. 31, 2017		$ 3	48,356		(41,085)	(22)		7,252
Balance at ending (in shares) at Dec. 31, 2017		30,255
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss					(13,769)		$ (810)	(14,579)
Foreign currency translation						(13)		(13)
Shares issued for business combinations		$ 1	3,340				2,381	$ 5,722
Shares issued for business combinations (in shares)		12,277						35,000
Shares issued for services provided	$ 199	$ 2	4,748					$ 4,750
Shares issued for services provided (in shares)	171	11,474
Shares issued for exercise of warrants			2,096					2,096
Shares issued for exercise of warrants (in shares)		8,675
Beneficial conversion feature			200					200
Shares issued for sale of stock		$ 2	2,672	$ (1,425)				$ 1,249
Shares issued for sale of stock (in shares)		21,525						1,750,000
Shares issued for IP agreement			548					$ 548
Shares issued for IP agreement (in shares)		3,000
Shares issued for conversion of debt	$ 406
Shares issued for conversion of debt (in shares)	677
Shares issued for settlement agreement			96					96
Shares issued for settlement agreement (in shares)		354
Warrant modification expense			544					544
Balance at ending at Dec. 31, 2018	$ 605	$ 8	$ 62,600	$ (1,425)	$ (54,854)	$ (35)	$ 1,571	$ 7,865
Balance at ending (in shares) at Dec. 31, 2018	848	87,560

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Operating activities:
Net loss for the year	$ (13,671)	$ (5,059)
Adjustment to reconcile net loss for the year to net cash used in operating activities:
Depreciation of property and equipment	1	17
Amortization of intangible assets	2,148	855
Amortization of debt issue costs		132
Impairment charge	3,761
Amortization of beneficial conversion feature	355	101
Amortization of debt discount		199
Amortization of shares issued for services	550	270
Warrants issued for services received	544	1,530
Options issued for services received		132
Common shares issued for services received	4,949	1,244
Other income	(930)
Changes in operating assets and liabilities:
Accounts receivable	(180)	(100)
Other assets	(465)	17
Accounts payable and accrued expenses	(179)	280
Deferred revenue	105
Net cash flows from continuing operating activities	(3,012)	(382)
Net cash flows from discontinued operating activities	(39)	(321)
Net cash flows from operating activities	(3,051)	(703)
Cash used in investing activities:
Cash consideration of acquisitions (net of cash acquired)	(168)
Acquisition of property and equipment	(2)	(2)
Net cash flows from investing activities - continuing operations	(170)	(2)
Cash flows from investing activities - discontinued operations	(980)	(261)
Net cash flows from investing activities	(1,150)	(263)
Cash flows from financing activities:
Cash proceeds from exercise of warrants	2,096	980
Cash proceeds from issuance of common stock	1,449	465
Advances from/(repayments to) related parties	(29)	32
Net cash flows from financing activities - continuing operations	3,516	1,477
Cash flows from financing activities - discontinued operations	301
Net cash flows from financing activities	3,817	1,477
Increase/(decrease) in cash during the year	(384)	511
Foreign exchange effect on cash	(26)	(8)
Cash at the beginning of the year - continuing operations	763	106
Cash at the beginning of the year - discontinued operations		154
Cash at end of the year - total	353	763
Cash paid for interest
Non-cash transactions:
Common stock issued in acquisitions	5,722
Common stock issued for software	548
Common stock issued for settlement of accrued compensation		662
Reclassification of preferred shares		62
Forgiveness of related party debt for sale of discontinued operations		$ 1,968

Description of Business, Organi

Description of Business, Organization and Principles of Consolidation	12 Months Ended
	Dec. 31, 2018
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 core businesses following the acquisition of 123Wish Inc., Love Media House, Inc (formerly called C-Rod, Inc.), Banana Whale Studios PTE Ltd and Browning Productions & Entertainment, Inc. in the year ended December 31, 2018 (See Note 3). The core trading businesses are: (i) Secure Messaging – offers digitally secure messaging software and sells licenses primarily into the gaming, security and educational markets. (ii) 123Wish – an experience based platform where subscribers have a chance to play and win experiences from celebrities, athletes and artists. (iii) Love Media House (formerly called C-Rod) - a full-service music production, artist representation and digital media business. (iv) Banana Whale Studios (“BWS”) – a B2B software provider in the online gaming industry that develops and supplies online games to Asian gaming platforms. The interest in BWS was disposed on in February 2019 (see note 4) (v) Browning Productions & Entertainment - a television filming and production company was acquired on October 23, 2018. The Company is based in the United States of America, Hong Kong, Singapore, China and the United Kingdom. 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% ● Global Phone Credit Limited 100% ● Browning Production & 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 us via various contractual arrangements. Suzhou Aishuo is treated as one of our subsidiaries for financial reporting purposes in accordance with GAAP. In February 2019 the Company entered into to an agreement to acquire a majority interest in Maham LLC. All significant intercompany balances and transactions have been eliminated in consolidation.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2018
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. The Company has principally financed these losses from the sale of equity securities. On February 4, 2019 the Company sold its equity stake in BWS for $2.0 million of which $1.5 million was received in cash immediately and the balance is payable by December 31, 2019. The impact on the Company’s liquidity is twofold, (i) the immediate increase in cash balances of $1.5 million, and (ii) the ceasing of the investment funding to cover the Banana Whale software development. In addition, and as more fully described in Note 3, the Company acquired three additional operating entities during 2018. Coupled with the reduction of expenses due to the disposal of the interest in BWS described above, the Company projects the results of these acquisitions will provide positive cash contributions to the Company’s corporate and central costs by the fourth quarter of 2019. At December 31, 2018, the Company had cash of $353,000. In addition, in February 2019, the Company received cash proceeds of $1,500,000 together with a promissory note for $500,000 for the disposal of the Company’s interest in BWS. Together with the cash on hand as a result of these transactions and based on the Company’s current operational plan and budget, the Company believes that it is probable that it has will have sufficient cash to fund its operations into at least the second quarter of 2020. However, actual results could materially differ from the Company’s projections. Accordingly, 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. Basis of Accounting and Presentation These consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States. 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. Cash Cash and cash equivalents include bank demand deposit accounts and highly liquid short term investments with maturities of three months or less when purchased. Cash consists of checking accounts held at financial institutions in Hong Kong which, at times, balances may exceed insured limits. The Company has not experienced any losses related to these balances, and management believes the credit risk to be minimal. Accounts receivable, concentrations and revenue recognition 1. Digital secure messaging revenue involves the sale of user licenses, at a fixed price per license, to the customers, which is our sole performance obligation under the existing licensing agreements. The Company recognizes the revenue from the sale of the user licenses when the valid licenses have been delivered to the customer’s server in useable form. 2. 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 are recognized when the customer has paid for the item and when the merchandise 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. 3. 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. 4. Banana Whale derives income primarily through licensing arrangements with gaming customers. Under these arrangements, Banana Whale provides the customers with a license (functional IP), implementation services and ad-hoc support, which may include unspecified upgrades and enhancements. The Company has determined that these promised goods and services represent one combined performance obligation since the individual promised goods or services are not distinct in the context of the contract. The revenues earned from the arrangements are primarily based on usage-based royalties. As the Company has determined that the license is the predominant item to which the royalty relates, revenues are recognized when the related sale or usage by the customer to which the royalty relates, occurs. 5. 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. The advertising revenue is recognized when the series to which the advertising relates is aired. Customer payments received prior to the satisfaction of the company’s performance obligation are recorded as deferred revenue in the Company’s consolidated balance sheet. The Company does not have off-balance sheet credit exposure related to its customers. As of December 31, 2018 three customers accounted for 68% of the accounts receivable balance and as of December 31, 2017, one customer accounted for 100% of the accounts receivable balance. Two customers accounted for 31% of the revenue for the year ended December 31, 2018 and one customer accounted for 76% of the revenue for the year ended December 31, 2017. In May 2014, the Financial Accounting Standards Board issued Accounting Standards Update 2014-09, “Revenue from Contracts with Customers,” which supersedes the revenue recognition requirements of Accounting Standards Codification (“ASC”) Topic 605, “Revenue Recognition” and most industry-specific guidance on revenue recognition throughout the ASC. The new standard is principles-based and provides a five step model to determine when and how revenue is recognized. The core principle of the new standard is that revenue should be recognized when a company transfers promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. The new standard also requires disclosure of qualitative and quantitative information surrounding the amount, nature, timing and uncertainty of revenues and cash flows arising from contracts with customers. Topic 606 was effective for us in the first quarter of the year ended December 31, 2018 and adoption did not have a material impact on our financial statements. In April 2016, the FASB issued ASU 2016-10, “Revenue from Contracts with Customers (Topic 606): Identifying Performance Obligations and Licensing.” ASU 2016-10 clarifies the implementation guidance on identifying performance obligations. This ASU applies to all companies that enter into contracts with customers to transfer goods or services. Topic 606 was effective for us in the first quarter of the year ending December 31, 2018 and adoption did not have a material impact on our financial statements. Intangible Assets Intangible assets include software development costs, acquired technology and customer lists and are amortized on a straight-line basis over the estimated useful lives ranging from four to five years. The Company periodically evaluates whether changes have occurred that would require revision of the remaining estimated useful life. The Company performs periodic reviews of its capitalized intangible assets to determine if the assets have continuing value to the Company. As a result of this review, an impairment change relating to Horizon Software totaling $3.8 million was recognized in the year ended December 31, 2018 (2017: $nil). Impairment of Other Long-Lived Assets The Company evaluates the recoverability of its property and equipment and other long-lived assets whenever events or changes in circumstances indicate impairment may have occurred. An impairment loss is recognized when the net book value of such assets exceeds the estimated future undiscounted cash flows attributed to the assets or the business to which the assets relate. Impairment losses, if any, are measured as the amount by which the carrying value exceeds the fair value of the assets. During the years ended December 31, 2018 and 2017 the Company recorded no impairment losses related to the Company’s long-lived assets other than the previously discussed intangible asset impairment charge. The impairment determination is subject to a high degree of estimation uncertainty and are ongoing as we continue to develop the acquired companies. Income Taxes Deferred income tax assets and liabilities are determined based on temporary differences between financial reporting and tax bases of assets and liabilities, operating loss, and tax credit carryforwards, and are measured using the enacted income tax rates and laws that will be in effect when the differences are expected to be recovered or settled. Realization of certain deferred income tax assets is dependent upon generating sufficient taxable income in the appropriate jurisdiction. The Company records a valuation allowance to reduce deferred income tax assets to amounts that are more likely than not to be realized. The initial recording and any subsequent changes to valuation allowances are based on a number of factors (positive and negative evidence). The Company considers its actual historical results to have a stronger weight than other, more subjective, indicators when considering whether to establish or reduce a valuation allowance. 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. The Company is currently addressing this issue with advisors to determine the amount of potential payments due. Given the complexity of the issue the Company is unable to quantify a range of potential loss. Accordingly no liability has been recorded in the accompanying consolidated balance sheets in respect of this matter. However, such potential penalties may be material to the Company’s financial statements. 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 years ended December 31, 2018 and 2017, all 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. Accumulated Other Comprehensive Income (Loss) Other comprehensive income (loss), as defined, includes net income (loss), foreign currency translation adjustment, and all changes in equity (net assets) during a period from non-owner sources. To date, the Company has not had any significant transactions that are required to be reported in other comprehensive income (loss), except for foreign currency translation adjustments. 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 year. 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, 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. Stock-based payments 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. Fair Value Measurements GAAP establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The three levels of fair value hierarchy defined by GAAP are described below: ● Level 1 - Quoted market prices available in active markets for identical assets or liabilities as of the reporting date. ● Level 2 - Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date. ● Level 3 - Pricing inputs that are generally observable inputs and not corroborated by market data. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. If the inputs used to measure the financial assets and liabilities fall within more than one level described above, the categorization is based on the lowest level input that is significant to the fair value measurement of the instrument. The Company’s Level 3 financial liabilities consist of contingent consideration relating to the acquisitions of 123Wish and LMH which requires significant judgment or estimation (see Note 3).

Acquisitions

Acquisitions	12 Months Ended
	Dec. 31, 2018
Business Combinations [Abstract]
Acquisitions	Note 3. Acquisitions 123Wish, Inc. In February 2018 the Company completed the acquisition of a 51% controlling interest in 123 Wish, Inc. (formerly Once in a Lifetime LLC) a Delaware corporation in exchange for the issuance of 1,333,334 fully paid and non-assessable shares of common stock with a fair value of $1.39 million. In addition, the Company shall issue fully paid and non-assessable shares of common stock equal to 2.5 times of the net, after tax, earnings of 123 Wish for the nine month period after the date of acquisition and fully paid and non-assessable shares of common stock equal to 4.5 times the net, after tax, earnings of 123 Wish for the second six month period after the date of acquisition. 123 Wish, Inc. has proprietary applications which use the social media aspect of the internet. The following table summarizes the consideration paid and the fair value of the assets acquired and liabilities assumed (In thousands): Consideration Paid: Common stock $ 1,387 Non controlling interest 1,353 $ 2,740 Fair values of identifiable assets acquired and liabilities assumed: Assets acquired: Cash $ 14 Other intangible assets 2,307 Goodwill 419 Net Assets Acquired $ 2,740 The consideration paid was 1,333,334 common shares valued at $1.04 per share. Separately identifiable intangible assets include technology which were valued by management using discounted cash flow and replacement cost approaches. As of December 31, 2018, the Company has estimated that no additional share amounts will need to be issued as contingent consideration and therefore is not included in the Company’s allocation of the purchase price in the table above. Love Media House, Inc. (formerly C-Rod, Inc.) In March 2018 the Company completed the acquisition of 100% ownership of Love Media House, Inc. (“LMH”) a Florida corporation in exchange for $150,000 cash and 3,376,147 fully paid and non-assessable shares of common stock with a fair value of $1.9 million. LMH is in the music and video content business. The financial statements of LMH have been included in the consolidated financial statements from the date of acquisition. The following table summarizes the consideration paid and the fair value of the assets acquired and liabilities assumed (In thousands): Consideration Paid: Cash $ 150 Common stock 1,885 $ 2,035 Fair values of identifiable assets acquired and liabilities assumed: Assets acquired: Cash $ 5 Other intangible assets 900 Goodwill 1,172 Total assets acquired 2,077 Liabilities assumed: Accounts payable 42 Total Liabilities Assumed 42 Net Assets Acquired $ 2,035 Separately identifiable intangible assets were customer relationships and were valued by management using discounted cash flow and replacement cost approaches. As of December 31, 2018, the Company has estimated that no additional share amounts will need to be issued as contingent consideration and therefore is not included in the Company’s allocation of the purchase price in the table above. Banana Whale Studios PTE Ltd In May 2018 the Company completed the acquisition of 51% ownership of Banana Whale Studios PTE Ltd (“BWS”) a Singapore corporation. The acquisition of Banana Whale was based on an earnout formula solely and should Banana Whale fail to reach forecasted profit numbers during the first 24 months then some, or all of the shares allocated would be refundable to the Company. At the time of acquisition 7,383,000 shares of common stock were placed in escrow for payment of the confirmed earn out. However, based on the terms of the ultimate disposition (note 4) of BWS no shares were ultimately transferred or other consideration paid. The following table summarizes the consideration paid and the fair value of the assets acquired and liabilities assumed in May 2018 (In thousands): Consideration Paid: Common stock $ — Non-controlling interest 894 $ 894 Fair values of identifiable assets acquired and (liabilities) assumed: Assets acquired: Cash $ 42 Accounts receivable 11 Equipment 37 Other receivable 2,022 Liabilities assumed: Accounts payable (288 ) $ 1,824 Bargain purchase gain $ 930 On February 4, 2019 the Company sold it’s holding in Banana Whale for $2.0 million of which $1.5 million was in cash on completion and the balance was a note receivable for $500,000 payable by December 31, 2019. The note is secured by a pledge of Banana Whale shares held in the name the four founding shareholders of Banana Whale. The pledged shares are held in escrow pending the payout of the Note. Browning Production & Entertainment In October 2018 the Company completed the acquisition of 51% ownership of Browning Productions & Entertainment, Inc. (“Browning Productions”) a Florida corporation in exchange for $10,000 cash and an allocation of 300,000 fully paid shares of common stock with a fair value of $101,100. Of these shares, 150,000 have been issued with the remaining balance of 150,000 to be issued upon receipt of audited financial statements of Browning Productions. The Company had previously paid a deposit of $10,000 cash and 35,000 fully paid shares of common stock with a fair value of $18,200. The following table summarizes the consideration paid and the fair value of the assets acquired and liabilities assumed as of October 22, 2018 (In thousands): Consideration Paid: Common stock $ 119 Cash 20 Non-controlling interest 134 $ 273 Fair values of identifiable assets acquired and (liabilities) assumed: Assets acquired: Cash $ — Accounts receivable 43 Other assets 23 Equipment 2 Goodwill 622 Liabilities assumed: Accounts payable (42 ) Deferred revenue (72 ) Loans and advances (303 ) Net Assets Acquired $ 273

Discontinued Operations

Discontinued Operations	12 Months Ended
	Dec. 31, 2018
Discontinued Operations and Disposal Groups [Abstract]
Discontinued Operations	Note 4. Discontinued Operations In November 2018 the management of the Company’s then 51% controlled subsidiary, Banana Whale Studios PTE Ltd., entered into discussions whereby the Company would sell its shares of BWS to a third party. Under the agreement dated January 31, 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 three months to secure certain warranties given by the Company on closure. The Company has accounted for the operations as discontinued operations. The statement of operations include discontinued operations as follows: (in thousands) Year ended December 31, 2018 Revenue $ 156 Cost of Revenue Hardware 504 504 Gross Deficit (348 ) Expenses General and administrative 551 Depreciation 9 560 Loss from Discontinued Operations $ (908 ) The balance sheet of discontinued operations as at December 31, 2018 is as follows: (in thousands) December 31, 2018 Current assets Cash $ 18 Accounts Receivable 111 129 Property and equipment 36 $ 165 Current liabilities Accounts payable $ 1 Loans payable 300 $ 301 Shareholder deficiency (136 ) $ 165 In the year ended December 31, 2017 the Company disposed of a Voice over I.P. software business together with the subsidiaries incorporated in Ireland, Switzerland and United Kingdom, which were involved in that business segment to Mr. Collins, the former Chief Executive Officer of the Company. In consideration Mr. Collins forgave the liability of $1.97 million then due to Mr. Collins. The Company accounted for the operations of this business segment as discontinued operations. The 2017 statement of operations include discontinued operations as follows (in thousands) Year ended December 31, 2017 Revenue $ 496 Cost of Revenue 1,012 Gross Deficit (516 ) Expenses General and administrative 998 Depreciation 5 Research and development 255 1,258 Impairment Loss (622 ) Income Taxes 21 Loss from Discontinued Operations $ (2,375 )

Intangible Assets

Intangible Assets	12 Months Ended
	Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets	Note 5. Intangible Assets Intangible assets consist primarily of software development costs, intellectual property and customer and reseller relationships which are amortized over the estimated useful life, generally on a straight-line basis. (in thousands) December 31 December 31 2018 2017 Horizon software $ — $ 6,527 123Wish Platform intellectual property 548 — Social online application software 2,307 — Customer lists 900 — 3,755 6,527 Less accumulated amortization (571 ) (1,187 ) Intangible assets, net $ 3,184 $ 5,340 Amortization of intangible assets for each of the next four years is estimated to be approximately $796,000 per year.

Goodwill

Goodwill	12 Months Ended
	Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	Note 6. Goodwill The following is the detail of the Goodwill that arose on acquisitions described in Note 3: December 31 December 31 2018 2017 123Wish, Inc. $ 419 $ — Love Media House, Inc. (formerly C. Rod, Inc.) 1,172 — Browning Productions & Entertainment, Inc 622 $ 2,213 $ —

Notes Payable, Related Parties

Notes Payable, Related Parties	12 Months Ended
	Dec. 31, 2018
Related Party Transactions [Abstract]
Notes Payable, Related Parties	Note 7. Notes Payable, Related Parties As of December 31, 2018 amounts totalling $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	12 Months Ended
	Dec. 31, 2018
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. The promissory notes were issued as a result of the re-organization of the Company in August 2017 involving the removal of Redeemable Preference Shares and the Debenture totaling in exchange for new shares of common stock and the promissory notes. b) Other notes payable. Notes payable by Browning Productions & Entertainment, Inc. totaling $101,000 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	12 Months Ended
	Dec. 31, 2018
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 year ended December 31, 2018 the Company: ● Issued 225,000 shares of common stock for services with a fair value of $357,750 ● Issued 1,333,334 shares of common stock, with a fair value of $1.4 million, for the acquisition of 51% of Once in a Lifetime ● Issued 100,000 shares of common stock for services provided with a fair value of $204,000 ● Issued 504,167 shares of common stock for conversion of convertible note and accrued interest in the amount of $302,500 ● Issued 172,222 shares of common stock for conversion of convertible note and accrued interest in the amount of $103,000 ● Issued 172,222 shares of common stock for services provided with a fair value of $200,000 ● Issued 750,000 shares of common stock for exercise of warrants at a price of $0.75 per share. ● Issued 50,000 shares of common stock for services provided with a fair value of $80,000. ● Issued 1,376,147 shares of common stock, with a fair value of $1,541,285, as part consideration for the acquisition of Love Media House, Inc. ● Issued 100,000 shares of common stock for services to be provided with a fair value of $85,000. ● Issued 225,000 shares of common stock for services to be provided with a fair value of $168,750 ● Issued 850,000 shares of common stock for services provided with a fair value of $425,000 ● Issued 7,383,000 shares of common stock, for the acquisition of 51% of Banana Whale Studios Pte., Ltd see note 3. ● Issued 1,575,000 shares of common stock for services provided with a fair value of $787,500 ● Issued 850,000 shares of common stock for exercise of warrants at a price of $0.50 per share ● Issued 600,000 shares of common stock for services provided with a fair value of $306,000 ● Issued 300,000 shares of common stock for services provided with a fair value of $150,000 ● Issued 1,750,000 shares of common stock for cash of $0.20 per share ● Issued 1,850,000 shares of common stock for exercise of warrants at a price of $0.10 per share ● Issued 35,000 shares of common stock, with a fair value of $18,200, for an option to acquire an interest in Browning Productions. ● Issued 1,525,000 shares of common stock for cash of $114,375 ● Issued 975,000 shares of common stock for exercise of warrants at a price of $0.075 per share ● Issued 4,500,000 shares of common stock for cash of $360,000 ● Issued 1,000,000 shares of common stock for services provided with a fair value of $175,000 ● Issued 3,000,000 shares of common stock for acquisition of software with a fair value of $548,000 ● Issued 150,000 shares of common stock, with a fair value of $51,000, for the acquisition of 51% of Browning Productions. ● Issued 5,550,000 shares of common stock for services provided with a fair value of $1,148,000 ● Issued 4,250,000 shares of common stock for cash of $324,500 ● Issued 4,250,000 shares of common stock for exercise of warrants at a price of $0.20 per share ● Issued 354,409 shares of common stock, with a fair value of $96,000, pursuant to a settlement ● Issued 2,000,000 shares of common stock, with a fair value of $344,000, as an adjustment to the purchase price of Love Media House, Inc. ● Issued 9,500,000 shares of common stock for subscription receivable of $1,425,000 During the year ended December 31, 2017 the Company: ● Issued 91,667 shares of common stock for services provided with a fair value of $176,055 ● Issued 127,366 shares of common stock for exercise of warrants at a price of $0.80 per share ● Issued 417,461 shares of common stock for cash proceeds of $265,000 ● Issued 859,802 shares of common stock for settlement of related party loan in the amount of $662,048 ● Issued 3,000,000 shares of common stock in connection with five year employment contracts for executives with a fair value of $2,750,000 ● Issued 55,556 shares of common stock for exercise of warrants at a price of $0.80 per share ● Issued 37,500 shares of common stock for settlement of amount owing of $30,000 ● Issued 13,000,000 shares of common stock as part of settlement of convertible debenture and accrued interest in the amount of $3,350,000 ● Issued 4,000,000 shares of common stock for redemption of 555,555 shares of Series A-1 Preferred Stock ● Issued 108,333 shares of common stock for services provided with a fair value of $83,416 ● Issued 833,334 shares of common stock for the exercise of warrants at a price of $0.60 per share ● Issued 1,075,000 shares of common stock for services provided with a fair value of $1,161,000 ● Issued 350,000 shares of common stock for the exercise of warrants at a price of $0.60 per share ● Issued 155,000 shares of common stock for the exercise of warrants at a price of $0.80 per share Stock Purchase Warrants As at December 31, 2018, 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 up to July 2020. During the year ended December 31, 2018, 5,225,000 warrants were issued, 301,219 warrants were forfeited and 8,675,000 warrants were exercised, for proceeds of $2,096,000. During the year ended December 31, 2018, the Company agreed to reduce the exercise price on 6.5 million outstanding warrants, which resulted in additional compensation cost of $544,000, in order to obtain additional funding. Under the engagement agreement with Maxim Group LLC, the Company has agreed for any financing arranged by Maxim for the Company, during the contractual period, the Company will in addition to paying a cash fee of up to 7% of funds raised to deliver a cash warrant to Maxim to purchase shares in the Company equal to 4% of the number of shares issued in the financing. The warrants will be exercisable at 120% of the pricing of the common stock issued in the raise. The exercisable period is 12 months from the date of the raise, thereafter if not exercised the warrants will lapse.

Stock-Based Compensation

Stock-Based Compensation	12 Months Ended
	Dec. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [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. Following the reorganization in August 2017, all outstanding employee stock options were forfeited under the rules of the Plan. There have been no options issued in the years ended December 31, 2017 and 2018. A summary of the 2013 Plan options for the twelve months ended December 31, 2017, is as follows: Number of Weighted Average Options Exercise Price Outstanding at January 1, 2017 141,250 $ 14.83 Forfeited (141,250 ) 22.61 Outstanding at December 31, 2017 — N/A During the year ended December 31, 2018 there was no stock option activity relating to the 2013 Plan. Prior to the 2013 Plan the Company issued stock options to employees under other stock plans. A summary of the Company’s other stock options for the year ended December 31, 2017, is as follows: Number of Weighted Average Options Exercise Price Outstanding at January 1, 2017 145,950 $ 3.18 Forfeited (145,950 ) 22.61 Outstanding at December 31, 2017 — N/A During the year ended December 31, 2018 there was no stock option activity relating to other stock plans. 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 year ended December 31, 2018, no common stock of the Company was issued under the 2018 Plan.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Income Taxes	Note 11. Income Taxes The difference between the U.S. statutory federal tax rate and the provision for income tax recorded by the Company is primarily attributable to the change in the Company’s valuation allowance against its deferred tax assets and to a lesser extent to the tax the differential on losses in foreign countries. Deferred Tax Assets The potential benefit of net operating loss carryforwards has not been recognized in the consolidated financial statements since the Company cannot determine that it is more likely than not that such benefit will be utilized in future years. The tax years 2006 through 2017 remain open to examination by federal authorities in certain jurisdictions in which the Company operates namely China and Hong Kong. The components of the net deferred tax assets and the amount of the valuation allowance are as follows: (in thousands) December 31 2018 2017 Deferred tax assets Net operating loss carryforwards 3,577 2,138 Valuation allowance (3,577 ) (2,138 ) Net deferred tax assets $ — $ — On December 22, 2017, the Tax Cuts and Jobs Act of 2017 became law (the “Tax Act”). The Tax Act enacts a broad range of changes to the Internal Revenue Code of 1986, as amended (the “IRC”). The Tax Act, among other things, includes changes to U.S. federal tax rates, imposes significant additional limitations on the deductibility of interest and net operating losses, allows for the expensing of capital expenditures and puts into effect the migration from a “worldwide” system of taxation to a territorial system. The tax reform did not have a material impact to our financial statements as our net deferred tax assets and liabilities are fully reserved. We urge our stockholders to consult with their legal and tax advisors with respect to any such legislation and the potential tax consequences of investing in our common stock.

Segment Information

Segment Information	12 Months Ended
	Dec. 31, 2018
Segment Reporting [Abstract]
Segment Information	Note 12. Segment Information The Company has the following business segments for the year ended December 31, 2018 and 2017. The Company’s revenues for continuing operations were generated in the following business segments (in thousands) December 31, December 31, 2018 2017 Sale of secure messaging licenses $ 228 $ 714 123Wish (from January 2018) 109 — Love Media House (from March 2018) 446 — Browning Productions (from November 2018) 4 Total $ 787 $ 714 The following is a detail of the Company’s cost of sales by business segment: December 31, December 31, 2018 2017 Sale of secure messaging licenses including amortization of software $ 1,577 $ 855 123Wish (from January 2018) 404 — Love Media House (from March 2018) 258 — Browning Productions (from November 2018) — — Total $ 2,239 $ 855 The following is a detail of the Company’s general and administrative and other expenses by business segment: December 31, December 31, 2018 2017 Sale of secure messaging licenses including impairment charge $ 4,021 $ — 123Wish (from January 2018) 869 — Love Media House (from March 2018) 490 — Browning Productions (from November 2018) 12 — Corporate 7,383 4,253 Total $ 12,775 $ 4,253 The following is a detail of the Company’s other income and expenses by business segment: December 31, December 31, 2018 2017 Sale of secure messaging licenses $ — $ — 123Wish (from January 2018) — — Love Media House (from March 2018) — — Browning Productions (from November 2018) 22 — Corporate 534 (665) Total $ 556 $ (665) The following is a detail of the continuing net (loss) by business segment: December 31, December 31, 2018 2017 Sale of secure messaging licenses $ (5,327 ) $ (149) 123Wish (from January 2018) (760 ) — Love Media House (from March 2018) (135) — Browning Productions (from November 2018) 14 — Corporate (7,463 ) (4,910 ) Total $ (13,671 ) $ (5,059 )

Legal proceedings

Legal proceedings	12 Months Ended
	Dec. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
Legal proceedings	Note 13. Legal proceedings On May 30, 2018, Zhanming Wu (“Wu”), the record owner of 15,000,000 shares of common stock of One Horizon Group, Inc. (the “Company”), commenced an action in the Court of Chancery of the State of Delaware [Case No.2018-0387-JRS; the “Injunction Action”] against the Company and its directors and officers (collectively, the “Director Defendants”) alleging multiple breaches of contract between the Company and Wu, and seeking (i) damages; (ii) to enjoin the Company from issuing, offering, selling or granting any shares of its common stock to any person or entity, or consummate any merger, acquisition or similar transaction without the prior approval of Wu, and to prevent the Individual Defendants from undermining that right by engaging in any further transactions designed to entrench themselves as directors and officers of the Company and to dilute Wu’s stock ownership below 30% of the outstanding shares of the Company, (iii) to enforce Wu’s right to appoint four directors to the Company’s Board of Directors, (iv) to rescind the issuance of 7,383,000 shares to the former stockholders of Banana Whale Studios Pte. Ltd (“Banana Whale”) in exchange for 51% of the outstanding shares of Banana Whale (the “Banana Whale Acquisition”), (iv) to obtain a declaration that the Individual Defendants have breached their fiduciary duty of loyalty by taking actions to entrench themselves on the Company’s Board of Directors; and (v) seeking an award of attorneys’ fees and costs in connection with the litigation and such other relief as the Court deems fair and equitable. On June 11, 2018, Wu commenced a second action in the Court of Chancery of the State of Delaware [Case No.2018-0427-JRS; the “225 Action”] under Section 225 of the Delaware General Corporation Law seeking (i) to appoint four directors to the Company’s Board of Directors, (ii) to enjoin the Company and its affiliates from issuing, offering, selling or granting any shares of the Company’s common stock to any person or entity, or consummate any merger, acquisition or similar transaction without the prior approval of Wu during the pendency of the action and (iii) seeking an award of attorneys’ fees and costs in connection with the litigation and such other relief as the Court deems fair and equitable. On October 15, 2018, the parties entered into an agreement (the “Settlement Agreement”) which provides for the immediate cessation of all activities in the two actions and which will result in the dismissal of the two actions upon the fulfillment by the Company of certain conditions. Among the conditions to dismissal which the Company is required to meet to obtain the complete dismissal of the actions are the issuance of 354,409 shares to Wu to reimburse a portion of the expenses incurred in connection with the actions, the nomination and election to the Company’s Board of Directors of up to two individuals designated by Wu, the redemption of up to approximately 850,000 shares of common stock at $0.65 each, from certain investors whom Wu recommended to invest in the Company (the “Additional Investors”) should they request that the Company do so and the facilitation of the sale of shares of the Company’s common stock by Wu, including the registration of such shares for sale under the Securities Act. Based on ASC 840, which requires that conditionally redeemable securities be classified outside of permanent stockholders’ equity, $605,000 was reclassified as mezzanine equity effective October 15, 2018. Pending the re-election of Wu’s nominees to the Board of Directors at the Company’s 2018 Annual Meeting of Stockholders, the Company will continue to comply with the terms of the Status Quo Order issued in July in connection with the 225 Action. The 225 Action will be dismissed and the Company will no longer be obliged to comply with the Status Quo Order upon the re-election of Wu’s nominees to the Board of Directors at the Company’s 2018 Annual Meeting of Stockholders. A Stipulation of Dismissal in respect of the Injunction Action will be filed and the parties will exchange releases upon the fulfillment of certain conditions, including the registration of Wu’s shares and the removal of the restrictive legend from Wu’s shares and the shares held by the Additional Investors. Notwithstanding such dismissal, should the registration of Wu’s shares lapse for any reason prior to October 1, 2019, Wu shall be entitled to enforce his rights under the side letters which were the basis of many of his claims, which letters are deemed to be a part of the Settlement Agreement as if set forth therein. If the Dismissal Stipulation has been filed in the Injunction Action and Wu’s shares have remained continuously registered until October 1, 2019, the side letters shall be deemed of no force and effect.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
Liquidity and Capital Resources	Liquidity and Capital Resources Historically, the Company has incurred net losses and negative cash flows from operations. The Company has principally financed these losses from the sale of equity securities. On February 4, 2019 the Company sold its equity stake in BWS for $2.0 million of which $1.5 million was received in cash immediately and the balance is payable by December 31, 2019. The impact on the Company’s liquidity is twofold, (i) the immediate increase in cash balances of $1.5 million, and (ii) the ceasing of the investment funding to cover the Banana Whale software development. In addition, and as more fully described in Note 3, the Company acquired three additional operating entities during 2018. Coupled with the reduction of expenses due to the disposal of the interest in BWS described above, the Company projects the results of these acquisitions will provide positive cash contributions to the Company’s corporate and central costs by the fourth quarter of 2019. At December 31, 2018, the Company had cash of $353,000. In addition, in February 2019, the Company received cash proceeds of $1,500,000 together with a promissory note for $500,000 for the disposal of the Company’s interest in BWS. Together with the cash on hand as a result of these transactions and based on the Company’s current operational plan and budget, the Company believes that it is probable that it has will have sufficient cash to fund its operations into at least the second quarter of 2020. However, actual results could materially differ from the Company’s projections. Accordingly, 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.
Basis of Accounting and Presentation	Basis of Accounting and Presentation These consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States.
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.
Cash	Cash Cash and cash equivalents include bank demand deposit accounts and highly liquid short term investments with maturities of three months or less when purchased. Cash consists of checking accounts held at financial institutions in Hong Kong which, at times, balances may exceed insured limits. The Company has not experienced any losses related to these balances, and management believes the credit risk to be minimal.
Accounts receivable, concentrations and revenue recognition	Accounts receivable, concentrations and revenue recognition 1. Digital secure messaging revenue involves the sale of user licenses, at a fixed price per license, to the customers, which is our sole performance obligation under the existing licensing agreements. The Company recognizes the revenue from the sale of the user licenses when the valid licenses have been delivered to the customer’s server in useable form. 2. 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 are recognized when the customer has paid for the item and when the merchandise 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. 3. 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. 4. Banana Whale derives income primarily through licensing arrangements with gaming customers. Under these arrangements, Banana Whale provides the customers with a license (functional IP), implementation services and ad-hoc support, which may include unspecified upgrades and enhancements. The Company has determined that these promised goods and services represent one combined performance obligation since the individual promised goods or services are not distinct in the context of the contract. The revenues earned from the arrangements are primarily based on usage-based royalties. As the Company has determined that the license is the predominant item to which the royalty relates, revenues are recognized when the related sale or usage by the customer to which the royalty relates, occurs. 5. 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. The advertising revenue is recognized when the series to which the advertising relates is aired. Customer payments received prior to the satisfaction of the company’s performance obligation are recorded as deferred revenue in the Company’s consolidated balance sheet. The Company does not have off-balance sheet credit exposure related to its customers. As of December 31, 2018 three customers accounted for 68% of the accounts receivable balance and as of December 31, 2017, one customer accounted for 100% of the accounts receivable balance. Two customers accounted for 31% of the revenue for the year ended December 31, 2018 and one customer accounted for 76% of the revenue for the year ended December 31, 2017. In May 2014, the Financial Accounting Standards Board issued Accounting Standards Update 2014-09, “Revenue from Contracts with Customers,” which supersedes the revenue recognition requirements of Accounting Standards Codification (“ASC”) Topic 605, “Revenue Recognition” and most industry-specific guidance on revenue recognition throughout the ASC. The new standard is principles-based and provides a five step model to determine when and how revenue is recognized. The core principle of the new standard is that revenue should be recognized when a company transfers promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. The new standard also requires disclosure of qualitative and quantitative information surrounding the amount, nature, timing and uncertainty of revenues and cash flows arising from contracts with customers. Topic 606 was effective for us in the first quarter of the year ended December 31, 2018 and adoption did not have a material impact on our financial statements. In April 2016, the FASB issued ASU 2016-10, “Revenue from Contracts with Customers (Topic 606): Identifying Performance Obligations and Licensing.” ASU 2016-10 clarifies the implementation guidance on identifying performance obligations. This ASU applies to all companies that enter into contracts with customers to transfer goods or services. Topic 606 was effective for us in the first quarter of the year ending December 31, 2018 and adoption did not have a material impact on our financial statements.
Intangible Assets	Intangible Assets Intangible assets include software development costs, acquired technology and customer lists and are amortized on a straight-line basis over the estimated useful lives ranging from four to five years. The Company periodically evaluates whether changes have occurred that would require revision of the remaining estimated useful life. The Company performs periodic reviews of its capitalized intangible assets to determine if the assets have continuing value to the Company. As a result of this review, an impairment change relating to Horizon Software totaling $3.8 million was recognized in the year ended December 31, 2018 (2017: $nil).
Impairment of Other Long-Lived Assets	Impairment of Other Long-Lived Assets The Company evaluates the recoverability of its property and equipment and other long-lived assets whenever events or changes in circumstances indicate impairment may have occurred. An impairment loss is recognized when the net book value of such assets exceeds the estimated future undiscounted cash flows attributed to the assets or the business to which the assets relate. Impairment losses, if any, are measured as the amount by which the carrying value exceeds the fair value of the assets. During the years ended December 31, 2018 and 2017 the Company recorded no impairment losses related to the Company’s long-lived assets other than the previously discussed intangible asset impairment charge. The impairment determination is subject to a high degree of estimation uncertainty and are ongoing as we continue to develop the acquired companies.
Income Taxes	Income Taxes Deferred income tax assets and liabilities are determined based on temporary differences between financial reporting and tax bases of assets and liabilities, operating loss, and tax credit carryforwards, and are measured using the enacted income tax rates and laws that will be in effect when the differences are expected to be recovered or settled. Realization of certain deferred income tax assets is dependent upon generating sufficient taxable income in the appropriate jurisdiction. The Company records a valuation allowance to reduce deferred income tax assets to amounts that are more likely than not to be realized. The initial recording and any subsequent changes to valuation allowances are based on a number of factors (positive and negative evidence). The Company considers its actual historical results to have a stronger weight than other, more subjective, indicators when considering whether to establish or reduce a valuation allowance. 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. The Company is currently addressing this issue with advisors to determine the amount of potential payments due. Given the complexity of the issue the Company is unable to quantify a range of potential loss. Accordingly no liability has been recorded in the accompanying consolidated balance sheets in respect of this matter. However, such potential penalties may be material to the Company’s financial statements.
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 years ended December 31, 2018 and 2017, all 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.
Accumulated Other Comprehensive Income (Loss)	Accumulated Other Comprehensive Income (Loss) Other comprehensive income (loss), as defined, includes net income (loss), foreign currency translation adjustment, and all changes in equity (net assets) during a period from non-owner sources. To date, the Company has not had any significant transactions that are required to be reported in other comprehensive income (loss), except for foreign currency translation adjustments.
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 year. 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, 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.
Stock-based payments	Stock-based payments 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.
Fair Value Measurements	Fair Value Measurements GAAP establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The three levels of fair value hierarchy defined by GAAP are described below: ● Level 1 - Quoted market prices available in active markets for identical assets or liabilities as of the reporting date. ● Level 2 - Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date. ● Level 3 - Pricing inputs that are generally observable inputs and not corroborated by market data. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. If the inputs used to measure the financial assets and liabilities fall within more than one level described above, the categorization is based on the lowest level input that is significant to the fair value measurement of the instrument. The Company’s Level 3 financial liabilities consist of contingent consideration relating to the acquisitions of 123Wish and LMH which requires significant judgment or estimation (see Note 3).

Acquisitions (Tables)

Acquisitions (Tables)	12 Months Ended
	Dec. 31, 2018
Love Media House, Inc. [Member]
Schedule of assets acquired and liabilities	The following table summarizes the consideration paid and the fair value of the assets acquired and liabilities assumed as (In thousands): Consideration Paid: Cash $ 150 Common stock 1,885 $ 2,035 Fair values of identifiable assets acquired and liabilities assumed: Assets acquired: Cash $ 5 Other intangible assets 900 Goodwill 1,172 Total assets acquired 2,077 Liabilities assumed: Accounts payable 42 Total Liabilities Assumed 42 Net Assets Acquired $ 2,035
Banana Whale Studios PTE Ltd [Member]
Schedule of assets acquired and liabilities	The following table summarizes the consideration paid and the fair value of the assets acquired and liabilities assumed in May 2018 (In thousands): Consideration Paid: Common stock $ — Non-controlling interest 894 $ 894 Fair values of identifiable assets acquired and (liabilities) assumed: Assets acquired: Cash $ 42 Accounts receivable 11 Equipment 37 Other receivable 2,022 Liabilities assumed: Accounts payable (288 ) $ 1,824 Bargain purchase gain $ 930
123Wish, Inc. [Member]
Schedule of assets acquired and liabilities	The following table summarizes the consideration paid and the fair value of the assets acquired and liabilities assumed (In thousands): Consideration Paid: Common stock $ 1,387 Non controlling interest 1,353 $ 2,740 Fair values of identifiable assets acquired and liabilities assumed: Assets acquired: Cash $ 14 Other intangible assets 2,307 Goodwill 419 Net Assets Acquired $ 2,740
Browning Production & Entertainment [Member]
Schedule of assets acquired and liabilities	The following table summarizes the consideration paid and the fair value of the assets acquired and liabilities assumed as of October 22, 2018 (In thousands): Consideration Paid: Common stock $ 119 Cash 20 Non-controlling interest 134 $ 273 Fair values of identifiable assets acquired and (liabilities) assumed: Assets acquired: Cash $ — Accounts receivable 43 Other assets 23 Equipment 2 Goodwill 622 Liabilities assumed: Accounts payable (42 ) Deferred revenue (72 ) Loans and advances (303 ) Net Assets Acquired $ 273

Discontinued Operations (Tables

Discontinued Operations (Tables)	12 Months Ended
	Dec. 31, 2018
Discontinued Operations and Disposal Groups [Abstract]
Schedule of financial statements including discontinued operations	The Company has accounted for the operations as discontinued operations. The statement of operations include discontinued operations as follows: (in thousands) Year ended December 31, 2018 Revenue $ 156 Cost of Revenue Hardware 504 504 Gross Deficit (348 ) Expenses General and administrative 551 Depreciation 9 560 Loss from Discontinued Operations $ (908 ) The balance sheet of discontinued operations as at December 31, 2018 is as follows: (in thousands) December 31, 2018 Current assets Cash 18 Accounts Receivable 111 129 Property and equipment 36 $ 165 Current liabilities Accounts payable 1 Loans payable 300 301 Shareholder deficiency (136 ) $ 165 The Company accounted for the operations of this business segment as discontinued operations. The statement of operations include discontinued operations as follows (in thousands) Year ended December 31, 2017 Revenue $ 496 Cost of Revenue 1,012 Gross Deficit (516 ) Expenses General and administrative 998 Depreciation 5 Research and development 255 1,258 Impairment Loss (622 ) Income Taxes 21 Loss from Discontinued Operations $ (2,375 )

Intangible Assets (Tables)

Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of intangible assets	Intangible assets consist primarily of software development costs, intellectual property and customer and reseller relationships which are amortized over the estimated useful life, generally on a straight-line basis. (in thousands) December 31 December 31 2018 2017 Horizon software $ — $ 6,527 123Wish Platform intellectual property 548 — Social online application software 2,307 — Customer lists 900 — 3,755 6,527 Less accumulated amortization (571 ) (1,187 ) Intangible assets, net $ 3,184 $ 5,340

Goodwill (Tables)

Goodwill (Tables)	12 Months Ended
	Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of goodwill	The following is the detail of the Goodwill that arose on acquisitions described in Note 3: December 31 December 31 2018 2017 123Wish, Inc. $ 419 $ — Love Media House, Inc. (formerly C. Rod, Inc.) 1,172 — Browning Productions & Entertainment, Inc 622 $ 2,213 $ —

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of equity incentive plan	A summary of the 2013 Plan options for the twelve months ended December 31, 2017, is as follows: Number of Weighted Average Options Exercise Price Outstanding at January 1, 2017 141,250 $ 14.83 Forfeited (141,250 ) 22.61 Outstanding at December 31, 2017 — N/A
Schedule of other stock options	A summary of the Company’s other stock options for the year ended December 31, 2017, is as follows: Number of Weighted Average Options Exercise Price Outstanding at January 1, 2017 145,950 $ 3.18 Forfeited (145,950 ) 22.61 Outstanding at December 31, 2017 — N/A

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Schedule of net deferred tax liability	The components of the net deferred tax assets and the amount of the valuation allowance are as follows: (in thousands) December 31 2018 2017 Deferred tax assets Net operating loss carryforwards 3,577 2,138 Valuation allowance (3,577 ) (2,138 ) Net deferred tax assets $ — $ —

Segment Information (Tables)

Segment Information (Tables)	12 Months Ended
	Dec. 31, 2018
Segment Reporting [Abstract]
Schedule of revenues	The Company’s revenues for continuing operations were generated in the following business segments (in thousands) December 31, December 31, 2018 2017 Sale of secure messaging licenses $ 228 $ 714 123Wish (from January 2018) 109 — Love Media House (from March 2018) 446 — Browning Productions (from November 2018) 4 Total $ 787 $ 714
Schedule of cost of sales	The following is a detail of the Company’s cost of sales by business segment: December 31, December 31, 2018 2017 Sale of secure messaging licenses including amortization of software $ 1,577 $ 855 123Wish (from January 2018) 404 — Love Media House (from March 2018) 258 — Browning Productions (from November 2018) — — Total $ 2,239 $ 855
Schedule of general and administrative and other expenses	The following is a detail of the Company’s general and administrative and other expenses by business segment: December 31, December 31, 2018 2017 Sale of secure messaging licenses including impairment charge $ 4,021 $ — 123Wish (from January 2018) 869 — Love Media House (from March 2018) 490 — Browning Productions (from November 2018) 12 — Corporate 7,383 4,253 Total $ 12,775 $ 4,253
Schedule of other income and expenses	The following is a detail of the Company’s other income and expenses by business segment: December 31, December 31, 2018 2017 Sale of secure messaging licenses $ — $ — 123Wish (from January 2018) — — Love Media House (from March 2018) — — Browning Productions (from November 2018) 22 — Corporate 534 (665) Total $ 556 $ (665)
Schedule of net income (loss)	The following is a detail of the continuing net (loss) by business segment: December 31, December 31, 2018 2017 Sale of secure messaging licenses $ (5,327 ) $ (149) 123Wish (from January 2018) (760 ) — Love Media House (from March 2018) (135) — Browning Productions (from November 2018) 14 — Corporate (7,463 ) (4,910 ) Total $ (13,671 ) $ (5,059 )

Description of Business, Orga_2

Description of Business, Organization and Principles of Consolidation (Details Narrative)	Dec. 31, 2018	Feb. 28, 2018
123Wish, Inc. [Member]
Ownership percentage acquired	51.00%	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%
Global Phone Credit Limited [Member]
Ownership percentage acquired	100.00%
Browning Production And Entertainment Inc [Member]
Ownership percentage acquired	51.00%

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Details Narrative) $ in Thousands	Feb. 28, 2019USD ($)	Feb. 04, 2019USD ($)	Dec. 31, 2018USD ($)Number	Dec. 31, 2017USD ($)Number	Dec. 31, 2016USD ($)
Cash			$ 353	$ 763	$ 106
Number of stock issued, value			1,249	265
Impairment charge			3,761
Software Development Costs [Member]
Impairment charge			$ 3,800
Software Development Costs [Member] | Minimum [Member]
Useful life of intangible assets			4 years
Software Development Costs [Member] | Maximum [Member]
Useful life of intangible assets			5 years
Acquired Technology [Member] | Minimum [Member]
Useful life of intangible assets			4 years
Acquired Technology [Member] | Maximum [Member]
Useful life of intangible assets			5 years
Customer Lists [Member] | Minimum [Member]
Useful life of intangible assets			4 years
Customer Lists [Member] | Maximum [Member]
Useful life of intangible assets			5 years
Customer Concentration Risk [Member] | Accounts Receivable [Member]
Percentage of concentration risk			68.00%	100.00%
Number of customers | Number			3	1
Customer Concentration Risk [Member] | Sales Revenue, Net [Member]
Percentage of concentration risk			31.00%	76.00%
Number of customers | Number			2	1
Banana Whale Studios PTE Ltd [Member] | Subsequent Event [Member]
Number of stock issued, value		$ 2,000
Proceeds from issuance of stock	$ 1,500	$ 1,500
Payment term on issuance of stock		Dec. 31, 2019
Description of impact on issuance of stock		Liquidity is twofold, (i) the immediate increase in cash balances of $1.5 million, and (ii) the ceasing of the investment funding to cover the Banana Whale software development.
Banana Whale Studios PTE Ltd [Member] | Subsequent Event [Member] | Promissory Note [Member]
Proceeds from issuance of stock	$ 500

Acquisitions (Details)

Acquisitions (Details) - USD ($)	Feb. 22, 2018	Dec. 31, 2018	Dec. 31, 2017
Consideration Paid:
Common stock		$ 18,200
Assets acquired:
Goodwill		2,213,000
123Wish, Inc. [Member]
Consideration Paid:
Common stock	$ 1,387,000	1,400,000
Non controlling interest	1,353,000
Consideration paid	2,740,000
Assets acquired:
Cash	14,000
Other intangible assets	2,307,000
Goodwill	419,000	$ 419,000
Net Assets Acquired	$ 2,740,000

Acquisitions (Details 1)

Acquisitions (Details 1) - USD ($)	Feb. 26, 2018	Dec. 31, 2018	Dec. 31, 2017
Consideration Paid:
Common stock		$ 18,200
Assets acquired:
Goodwill		2,213,000
Love Media House, Inc. (formerly C-Rod, Inc.)
Consideration Paid:
Cash	$ 150,000
Common stock	1,885,000	$ 1,541,285
Consideration paid	2,035,000
Assets acquired:
Cash	5,000
Other intangible assets	900,000
Goodwill	1,172,000
Total assets acquired	2,077,000
Liabilities assumed:
Accounts payable	42,000
Total Liabilities Assumed	42,000
Net Assets Acquired	$ 2,035,000

Acquisitions (Details 2)

Acquisitions (Details 2) - USD ($)	1 Months Ended	12 Months Ended
	May 31, 2018	Dec. 31, 2018
Consideration Paid:
Common stock		$ 18,200
Banana Whale Studios PTE Ltd [Member]
Consideration Paid:
Common stock
Non-controlling interest	894,000
Consideration paid	894,000
Assets acquired:
Cash	42,000
Accounts receivable	11,000
Equipment	37,000
Other receivable	2,022,000
Liabilities assumed:
Accounts payable	(288,000)
Total Liabilities Assumed	1,824,000
Bargain purchase gain	$ 930,000

Acquisitions (Details 3)

Acquisitions (Details 3) - USD ($)	Oct. 22, 2018	Dec. 31, 2018	Dec. 31, 2017
Consideration Paid:
Common stock		$ 18,200
Assets acquired:
Goodwill		$ 2,213,000
Business Acquisition Browning Production And Entertainment [Member]
Consideration Paid:
Common stock	$ 119,000
Cash	20,000
Non-controlling interest	134,000
Consideration paid	273,000
Assets acquired:
Cash
Accounts receivable	43,000
Other assets	23,000
Equipment	2,000
Goodwill	662,000
Liabilities assumed:
Accounts payable	(42,000)
Deferred revenue	(72,000)
Loans and advances	(303,000)
Net Assets Acquired	$ 237,000

Acquisitions (Details Narrative

Acquisitions (Details Narrative) - USD ($) $ / shares in Units, $ in Thousands	Feb. 04, 2019	Oct. 31, 2018	May 31, 2018	Mar. 31, 2018	Feb. 28, 2018	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2019
Number of shares issued upon acquistion						35,000
Cash						$ 168
123Wish, Inc. [Member]
Ownership percentage acquired					51.00%	51.00%
Number of shares issued upon acquistion					1,333,334	1,333,334
Number of shares issued upon acquistion,value					$ 51,390
Share price (in dollars per share)					$ 1.04
Cash					$ 1,333,334
Love Media House, Inc. (formerly C-Rod, Inc.)
Ownership percentage acquired				100.00%
Number of shares issued upon acquistion				3,376,147		1,376,147
Number of shares issued upon acquistion,value				$ 190,000
Cash				$ 150
Banana Whale Studios PTE Ltd [Member]
Ownership percentage acquired			51.00%
Number of shares issued upon acquistion			7,383,000
Banana Whale Studios PTE Ltd [Member] | Subsequent Event [Member]
Cash	$ 1,500
Promissory notes payable								$ 500
Number of stock issued	2,000,000
Browning Productions And Entertainment, Inc. [Member]
Ownership percentage acquired		51.00%				51.00%
Number of shares issued upon acquistion		150,000				150,000
Number of stock allocation upon acquistion		300,000
Number of shares issued upon acquistion,value		$ 10
Fair value of issued stock		$ 1,011
Number of stock outstanding upon acquisation		150,000
Deposit of cash		$ 10
Number of stock issued		35,000
Fair value of issued stock		$ 182

Discontinued Operations (Detail

Discontinued Operations (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Revenue	$ 156	$ 496
Cost of Revenue
Total cost of revenue	504	1,012
Gross Deficit	(348)	(516)
Expenses
General and administrative	551	998
Depreciation	9	5
Research and development		255
Total expenses	560	1,258
Impairment Loss		(622)
Income Taxes		21
Loss from Discontinued Operations	(908)	$ (2,375)
Hardware [Member]
Cost of Revenue
Total cost of revenue	$ 504

Discontinued Operations (Deta_2

Discontinued Operations (Details 1) $ in Thousands	Dec. 31, 2018USD ($)
Current assets
Cash	$ 18
Accounts Receivable	111
Total current assets of discontinued operations	129
Property and equipment	36
Assets of discontinued operations	165
Current liabilities
Accounts payable	1
Loans payable	300
Total current liabilities of discontinued operations	301
Shareholder deficiency	(136)
Total liabilities, stockholders' equity	$ 165

Discontinued Operations (Deta_3

Discontinued Operations (Details Narrative) - USD ($) $ in Thousands	1 Months Ended		12 Months Ended
	Nov. 30, 2018	May 31, 2018	Dec. 31, 2018	Dec. 31, 2017
Cash			$ 168
Number of shares issued upon acquistion			35,000
Banana Whale Studios PTE Ltd [Member]
Ownership percentage acquired		51.00%
Number of shares issued upon acquistion		7,383,000
Banana Whale Studios PTE Ltd [Member] | Discontinued Operations [Member]
Ownership percentage acquired	51.00%
Cash	$ 1,500
Promissory notes payable	$ 500
Number of shares issued upon acquistion	7,383,000
IP Software Business [Member] | Discontinued Operations [Member]
Liability Forgave				$ 1,970

Intangible Assets (Details)

Intangible Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Intangible assets, gross	$ 3,755	$ 6,527
Less accumulated amortization	(571)	(1,187)
Intangible assets, net	3,184	5,340
Horizon Software [Member]
Intangible assets, gross		6,527
123Wish Platform Intellectual Property [Member]
Intangible assets, gross	548
Social Online Application Software [Member]
Intangible assets, gross	2,307
Customer Lists [Member]
Intangible assets, gross	$ 900

Intangible Assets (Details Narr

Intangible Assets (Details Narrative) $ in Thousands	Dec. 31, 2018USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization of intangible assets first year	$ 796,000
Amortization of intangible assets second year	796,000
Amortization of intangible assets third year	796,000
Amortization of intangible assets four year	$ 796,000

Goodwill (Details)

Goodwill (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Feb. 22, 2018	Dec. 31, 2017
Goodwill	$ 2,213
123Wish, Inc. [Member]
Goodwill	419	$ 419
Love Media House, Inc. C. Rod, Inc.[Member]
Goodwill	1,172
Browning Productions & Entertainment, Inc [Member]
Goodwill	$ 622

Notes Payable, Related Parties

Notes Payable, Related Parties (Details Narrative) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Related Party Transactions [Abstract]
Notes payable, related parties	$ 205

Notes Payable (Details Narrativ

Notes Payable (Details Narrative) $ in Thousands	Dec. 31, 2018USD ($)
7% Convertible Notes Payable Due August 31, 2019 [Member]
Debt interest percentage	7.00%
Notes Payable [Member] | Productions And Entertainment, Inc [Member]
Debt principal amount	$ 101,000
Debt interest percentage	5.40%
Zhanming Wu [Member] | 7% Convertible Notes Payable Due August 31, 2019 [Member]
Debt principal amount	$ 500,000
Mark White [Member] | 7% Convertible Notes Payable Due August 31, 2019 [Member]
Debt principal amount	$ 500,000

Share Capital (Details Narrativ

Share Capital (Details Narrative) - USD ($)	Feb. 26, 2018	Feb. 22, 2018	Oct. 31, 2018	Mar. 31, 2018	Feb. 28, 2018	Dec. 31, 2018	Dec. 31, 2017
Common stock, authorized						200,000,000	200,000,000
Common stock, par value (in dollars per share)						$ 0.0001	$ 0.0001
Number of shares issued for services						225,000
Proceeds from issuance of shares						$ 1,449,000	$ 465,000
Fair value of issued shares for services						$ 357,750
Number of shares issued upon acquistion						35,000
Value of shares issued upon acquistion						$ 18,200
Number of shares issued for services						100,000	91,667
Fair value of issued shares for services						$ 204,000	$ 176,055
Number of shares issued conversion of convertible note and accrued interest						504,167	13,000,000
Value of shares issued conversion of convertible note and accrued interest						$ 302,500	$ 3,350,000
Number of shares issued conversion of convertible note and accrued interest						172,222
Value of shares issued conversion of convertible note and accrued interest						$ 103,000
Number of shares issued for services						172,222	1,075,000
Fair value of issued shares for services						$ 200,000	$ 1,161,000
Number of shares issued for services						50,000
Fair value of issued shares for services						$ 80,000
Number of shares issued for services						100,000
Fair value of issued shares for services						$ 85,000
Number of shares issued for services						225,000
Fair value of issued shares for services						$ 168,750
Number of shares issued for services						850,000	108,333
Fair value of issued shares for services						$ 425,000	$ 83,416,000
Number of shares issued for services						1,575,000
Fair value of issued shares for services						$ 787,500
Number of shares issued for services						600,000
Fair value of issued shares for services						$ 306,000
Number of shares issued for services						300,000
Fair value of issued shares for services						$ 150,000
Number of shares issued for services						1,000,000
Fair value of issued shares for services						$ 175,000
Number of shares issued for cash						1,750,000
Number of shares issued for cash						4,500,000	417,461
Number of value issued for cash						$ 360,000	$ 265,000
Number of shares issued for cash						1,525,000
Number of value issued for cash						$ 114,375
Share price (in dollars per share)						$ 0.20
Proceeds from warrants exercises						$ 2,096,000	$ 980,000
Number of shares issued for services						5,550,000
Fair value of issued shares for services						$ 1,148,000
Number of shares issued for cash						4,250,000
Number of value issued for cash						$ 324,500
Number of shares issued pursuant to a settlement						354,409	37,500
Number of value issued pursuant to a settlement						$ 96,000	$ 30,000
Number of shares issued for subscription receivable						9,500,000
Number of value issued pursuant for subscription receivable						$ 1,425,000
Number of shares issued settlement of related party loan							859,802
Amount of settlement of related party loan							$ 662,048
Number of shares issued common stock for employment commencement services							3,000,000
Fair value issued for common stock for employment commencement services							$ 2,750,000
123Wish, Inc. [Member]
Ownership percentage acquired					51.00%	51.00%
Number of shares issued upon acquistion					1,333,334	1,333,334
Value of shares issued upon acquistion		$ 1,387,000				$ 1,400,000
Love Media House, Inc. (formerly C-Rod, Inc.)
Ownership percentage acquired				100.00%
Number of shares issued upon acquistion				3,376,147		1,376,147
Value of shares issued upon acquistion	$ 1,885,000					$ 1,541,285
Banana Whale Studios Pte [Member]
Ownership percentage acquired						51.00%
Number of shares issued upon acquistion						7,383,000
Software [Member]
Number of shares issued upon acquistion						3,000,000
Value of shares issued upon acquistion						$ 548,000
Browning Productions And Entertainment, Inc. [Member]
Ownership percentage acquired			51.00%			51.00%
Number of shares issued upon acquistion			150,000			150,000
Value of shares issued upon acquistion						$ 51,000
Love Media House, Inc. [Member]
Ownership percentage acquired						100.00%
Number of shares issued upon acquistion						2,000,000
Value of shares issued upon acquistion						$ 344,000
Series A-1 Preferred Stock [Member]
Number of shares issued conversion of preferred stock							4,000,000
Number of redeemable preference shares							555,555
Warrant [Member]
Warrant issued						5,225,000
Exercise price (in dollars per share)						$ 0.80
Warrants exercised						8,675,000
Number of stock reserved for issuance of warrant						185,169
Maturity term						2020-07
Proceeds from issuance of warrants						$ 2,096,000
Warrant forfeited						301,219
Number of warrant exercise price decrease						6,500,000
Compensation cost						$ 544,000
Warrant [Member]
Warrant issued							127,366
Exercise price (in dollars per share)							$ 0.80
Warrant [Member]
Warrant issued							55,556
Exercise price (in dollars per share)							$ 0.80
Warrant [Member]
Warrant issued						750,000
Exercise price (in dollars per share)						$ 0.075
Warrant [Member]
Warrant issued						975,000
Exercise price (in dollars per share)						$ 0.075
Warrant [Member]
Warrant issued						850,000
Exercise price (in dollars per share)						$ 0.50
Warrant [Member]
Warrant issued						1,850,000
Exercise price (in dollars per share)						$ 0.10
Warrant [Member]
Warrant issued						4,250,000
Exercise price (in dollars per share)						$ 0.20
Warrant [Member]
Warrant issued							833,334
Exercise price (in dollars per share)							$ 0.60
Warrant [Member]
Warrant issued							350,000
Exercise price (in dollars per share)							$ 0.60
Warrant [Member]
Warrant issued							155,000
Exercise price (in dollars per share)							$ 0.80

Stock-Based Compensation (Detai

Stock-Based Compensation (Details) - 2013 Equity Incentive Plan [Member]	12 Months Ended
	Dec. 31, 2017$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Outstanding at beginning | shares	141,250
Options forfeited | shares	(141,250)
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Roll Forward]
Outstanding at beginning | $ / shares	$ 14.83
Options forfeited | $ / shares	$ 22.61

Stock-Based Compensation (Det_2

Stock-Based Compensation (Details 1) - Other Stock Options [Member]	12 Months Ended
	Dec. 31, 2017$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Outstanding at beginning | shares	145,950
Options forfeited | shares	(145,950)
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Roll Forward]
Outstanding at beginning | $ / shares	$ 3.18
Options forfeited | $ / shares	$ 22.61

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Deferred tax assets
Net operating loss carryforwards	$ 3,577	$ 2,138
Valuation allowance	(3,577)	(2,138)
Net deferred tax assets

Segment Information (Details)

Segment Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Revenue	$ 787	$ 714
123Wish, Inc. [Member]
Revenue	109
Love Media House [Member]
Revenue	446
Browning Productions [Member]
Revenue	4
Secure Messaging Licenses [Member]
Revenue	$ 228	$ 714

Segment Information (Details 1)

Segment Information (Details 1) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Cost of sales	$ 2,239	$ 855
123Wish, Inc. [Member]
Cost of sales	404
Love Media House [Member]
Cost of sales	258
Browning Productions [Member]
Cost of sales
Secure Messaging Licenses [Member]
Cost of sales	$ 1,577	$ 855

Segment Information (Details 2)

Segment Information (Details 2) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Direct costs, general and administrative and other expenses	$ 7,139	$ 4,236
123Wish, Inc. [Member]
Direct costs, general and administrative and other expenses	869
Love Media House [Member]
Direct costs, general and administrative and other expenses	490
Browning Productions [Member]
Direct costs, general and administrative and other expenses	12
Corporate [Member]
Direct costs, general and administrative and other expenses	7,383	4,253
Secure Messaging Licenses [Member]
Direct costs, general and administrative and other expenses	$ 4,021

Segment Information (Details 3)

Segment Information (Details 3) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Other income and expenses	$ 556	$ (665)
123Wish, Inc. [Member]
Other income and expenses
Love Media House [Member]
Other income and expenses
Browning Productions [Member]
Other income and expenses	22
Corporate [Member]
Other income and expenses	534	(665)
Secure Messaging Licenses [Member]
Other income and expenses

Segment Information (Details 4)

Segment Information (Details 4) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Net income (loss)	$ (14,579)	$ (7,434)
123Wish, Inc. [Member]
Net income (loss)	(760)
Love Media House [Member]
Net income (loss)	(135)
Browning Productions [Member]
Net income (loss)	14
Corporate [Member]
Net income (loss)	(7,463)	(4,910)
Secure Messaging Licenses [Member]
Net income (loss)	$ (5,327)	$ (149)

Legal proceedings (Details Narr

Legal proceedings (Details Narrative) - USD ($) $ / shares in Units, $ in Thousands	Oct. 15, 2018	May 30, 2018	May 30, 2018	Dec. 31, 2018
Number of shares issued upon acquistion				35,000
Mezzanine equity				$ 605
Effective date of mezzanine equity				Oct. 15, 2018
One Horizon Hong Kong Ltd [Member]
Ownership percentage				100.00%
Zhanming Wu [Member] | Settlement Agreement [Member]
Number of shares issued upon acquistion	354,409
Redeemed of common stock	850,000
Share price (in dollars per share)	$ 0.65
Zhanming Wu [Member] | One Horizon Hong Kong Ltd [Member]
Number of shares issued upon acquistion			15,000,000
Filing Date			On May 30, 2018
Name of Defendant			Director Defendants
Name of Court			Court of Chancery of the State of Delaware
Zhanming Wu [Member] | Banana Whale Studios PTE Ltd [Member]
Number of shares issued upon acquistion		7,383,000
Ownership percentage		51.00%	51.00%