Touchpoint (TGHI) 10-K 9 Apr 21 2020 FY Annual report Financial data

Cover

Cover - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Mar. 23, 2021	Jun. 30, 2020
Cover [Abstract]
Entity Registrant Name	Touchpoint Group Holdings Inc.
Entity Central Index Key	0000225211
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Type	10-K
Document Period End Date	Dec. 31, 2020
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2020
Entity Well Known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Shell Company	false
Entity Emerging Growth Company	false
Entity Public Float			$ 840
Entity Common Stock Shares Outstanding		170,949,876
Entity File Number	001-36530
Entity Interactive Data Current	Yes
Entity Incorporation State Country Code	DE

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Current assets:
Cash	$ 118	$ 258
Accounts receivable, net	124	80
Prepaid compensation	550	550
Other receivable	66	210
Other current assets	160	88
Current assets of continued operations	1,018	1,186
Current assets of discontinued operations	1	29
Total current assets	1,019	1,215
Other receivable		250
Fixed assets	3
Goodwill	419	419
Intangible assets, net	930	1,992
Prepaid compensation (non-current)	367	917
Non current assets of discontinued operations	5	34
Total assets	2,743	4,827
Current liabilities:
Accounts payable	314	530
Accrued expenses	327	219
Accrued compensation	55	388
Amounts due to related parties	34
Deferred revenue	60
Loans payable	734	290
Promissory notes, related parties	1,000	1,000
Current liabilities of continued operations	2,524	2,427
Current liabilities of discontinued operations	11	428
Total current liabilities	2,535	2,855
Total liabilities	2,535	2,855
Temporary Equity - redeemable common stock outstanding 848,611	605	605
Touchpoint Group Holdings, Inc. stockholders' (Deficit)/Equity
Preferred stock: $0.0001 par value, authorized 50,000,000; nil shares issued or outstanding
Common stock: $0.0001 par value, authorized 750,000,000 shares, issued and outstanding 129,288,825 (2020) and 4,132,600 (2019)	13	2
Additional paid-in capital	63,551	61,749
Accumulated Deficit	(64,907)	(61,362)
Accumulated other comprehensive loss	(24)	(24)
Total Touchpoint Group Holdings, Inc. stockholders' (Deficit)/Equity	(1,367)	365
Non-controlling interest	970	1,002
Total stockholders' (deficit)/equity	(397)	1,367
Total liabilities, temporary equity and stockholders' (Deficit)/Equity	$ 2,743	$ 4,827

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2020	Dec. 31, 2019
Statement of Financial Position [Abstract]
Redeemable common stock outstanding	848,611	848,611
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	50,000,000	50,000,000
Preferred stock, shares issued
Preferred stock, shares outstanding
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	750,000,000	750,000,000
Common stock, shares issued	129,288,825	4,132,600
Common stock, shares outstanding	129,288,825	4,132,600

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Revenue	$ 174	$ 170
Cost of revenue
Total cost of revenue	555	557
Gross deficit	(381)	(387)
Expenses:
General and administrative	2,319	3,321
Impairment charge	500
Depreciation		1
Total expenses	2,819	3,322
Loss from operations	(3,200)	(3,709)
Other income and expense:
Interest expense	(232)	(87)
Other income (Note 3)	179	553
Provision for other receivables	(287)
Foreign currency exchange (losses)	(5)	(5)
Loss on disposal of investment		(50)
Total other income and expense	(345)	411
Loss from continuing operations	(3,545)	(3,298)
Loss from discontinued operations		(3,330)
Net loss for the year	(3,545)	(6,628)
Net loss attributable to non controlling interest		120
Net loss attributable to Touchpoint Group Holdings, Inc. common stockholders	$ (3,545)	$ (6,508)
Earnings per share
Basic and diluted net loss per share - continuing operations (in dollars per share)	$ (0.12)	$ (0.85)
Basic and diluted net loss per share - Discontinued operations (in dollars per share)		$ (0.88)
Weighted average number of shares outstanding
Basic and diluted (in shares)	30,307	3,768
Amortization Of Intangible Assets [Member]
Cost of revenue
Total cost of revenue	$ 555	$ 553
Software and Production Costs [Member]
Cost of revenue
Total cost of revenue		$ 4

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Loss - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Statement of Comprehensive Income [Abstract]
Net loss	$ (3,545)	$ (6,508)
Other comprehensive loss:
Foreign currency translation adjustment gain (loss)		11
Total comprehensive loss	$ (3,545)	$ (6,497)

Consolidated Statements of Temp

Consolidated Statements of Temporary and Stockholders' (Deficit)/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 Dec. 31, 2018	$ 605	$ 2	$ 62,606	$ (1,425)	$ (54,854)	$ (35)	$ 1,571	$ 7,865
Balance, shares at Dec. 31, 2018	34	3,502
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss					(6,508)		(120)	(6,628)
Foreign currency translation						11		11
Additional Shares issued for business acquisition			127					127
Additional Shares issued for business acquisition, shares		82
Shares issued for services			189					189
Shares issued for services, shares		300
Shares issued as security for loan, shares		179
Shares issued for commitment fees			67					67
Shares issued for commitment fees, shares		180
Shares issued for commitment fee			35					35
Shares issued for commitment fee, shares		196
Share subscription settled through services provided				150				150
Shares subscription cancelled			(1,275)	1,275
Shares subscription cancelled, shares		(340)
Balance at Dec. 31, 2019	$ 605	$ 2	61,749		(61,362)	(24)	1,002	1,367
Balance, shares at Dec. 31, 2019	34	4,099
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss					(3,545)			(3,545)
Foreign currency translation
Shares issued for settlement of amounts owing for accrued compensation		$ 6	977					983
Shares issued for settlement of amounts owing for accrued compensation, shares		61,279
Shares issued for services		$ 2	510					512
Shares issued for services, shares		24,000
Cancellation of shares on sale of subsidiary			(2)				(32)	(34)
Cancellation of shares on sale of subsidiary, shares		(89)
Return of shares from Banana Whale, shares		(474)
Shares issued for cash			20					20
Shares issued for cash, shares		646
Shares issued for financing commitments			34					34
Shares issued for financing commitments, shares		560
Shares issued for conversion of note payable		$ 3	263					266
Shares issued for conversion of note payable, shares		32,069
Correction of shares not subject to reverse split, shares		7,200
Balance at Dec. 31, 2020	$ 605	$ 13	$ 63,551		$ (64,907)	$ (24)	$ 970	$ (397)
Balance, shares at Dec. 31, 2020	34	129,290

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Operating activities:
Net loss for the year	$ (3,545)	$ (3,298)
Adjustment to reconcile net loss for the year to net cash used in operating activities:
Depreciation of property and equipment		1
Amortization of intangible assets	555	553
Impairment charge	500
Shares issued for financing commitment	34	102
Forgiveness of note receivable	3
Shares issued for contract revision		127
Shares issued for services to be provided	256
Amortization of shares issued for services	603	955
Non-cash interest expense	84	18
Loss on disposal of investment		50
Common shares issued for services received	115	189
Other income (non-cash) (Note 3)	(379)	(553)
Changes in operating assets and liabilities:
Accounts receivable	350	(102)
Other assets	37	21
Deferred revenue	60
Accounts payable and accrued expenses	560	506
Net cash flows from continuing operating activities	(767)	(1,431)
Net cash flows from discontinued operating activities		(633)
Net cash flows from operating activities	(767)	(2,064)
Cash used in investing activities:
Cash advances to acquisition target		(140)
Proceeds from sale of investments		50
Proceeds from sale of interest in subsidiary		1,750
Change in other assets	(18)
Net cash flows from investing activities - continuing operations	(18)	1,660
Cash flows from investing activities - discontinued operations		(77)
Net cash flows from investing activities	(18)	1,583
Cash flows from financing activities:
Proceeds from loans	797	762
Repayments on loans	(190)	(490)
Cash proceeds from issuance of shares	20
Cash proceeds from note receivable	3
Advances from related parties	15	19
Net cash flows from financing activities - continuing operations	645	291
Cash flows from financing activities - discontinued operations		69
Net cash flows from financing activities	645	360
Decrease in cash during the year	(140)	(121)
Foreign exchange effect on cash		10
Cash at the beginning of the year - continuing operations	258	313
Cash at the beginning of the year - discontinued operations		58
Cash at end of the year - total	118	258
Cash paid for interest	11
Non-cash transactions:
Common stock issued in settlement of amounts due	983
Common stock issued for provision of services	512
Disposal of interest in subsidiary		(449)
Shares issued for conversion of notes payable	$ 266
Share subscription settled through securities provided		$ 150

Description of Business, Organi

Description of Business, Organization and Principles of Consolidation	12 Months Ended
	Dec. 31, 2020
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 The Company has the following businesses: (i) Touchpoint Group (“TG”) – Touchpoint Group (“TG”) is a software developer which supplies a robust fan engagement platform designed to enhance the fan experience and drive commercial aspects of the sport and entertainment business. TG brings users closer to the action by enabling them to engage with clubs, favorite players, peers and relevant brands through features that include live streami ng, access to limited edition merchandise, gamification (chance to win unique one-off life experiences), user rewards, third party branded offers, credit cards and associated benefits. (ii) The Company is in negotiations to sell its interests in Love Media House, Inc. (“Love Media House”) and as such, it is considered to be discontinued operations. See Note 3 for more information. (iii) The Company disposed of its interest in Browning Productions & Entertainment, Inc. (“Browning”) and its results for 2019 are treated as discontinued operations. See Note 3 for more information. (iv) 123 Wish, Inc. is considered dormant. All operations have been moved to TG. The Company is primarily based in the United States of America and the United Kingdom Current Structure of the Company The Company has the following subsidiaries: Subsidiary name % Owned ● 123Wish, Inc. (considered dormant) 51 % ● One Horizon Hong Kong Ltd (Limited Operations) 100 % ● Horizon Network Technology Co. Ltd (Limited Operations) 100 % ● Love Media House, Inc. (discontinued operations) 100 % ● Touchpoint Connect Limited 100 % In addition to the subsidiaries listed above, Suzhou Aishuo Network Information Co., Ltd (“Suzhou Aishuo”) is a limited liability company organized in China and controlled by the Company via various contractual arrangements. Suzhou Aishuo is treated as one of our subsidiaries, with limited operations, for financial reporting purposes in accordance with GAAP. During the year ended December 31, 2020 the main trading of the Group is conducted through the Company and no significant activities are undertaken in the subsidiary companies. 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, 2020
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 2. Summary of Significant Accounting Policies Liquidity and Capital Resources Historically, the Company has incurred net losses and negative cash flows from operations which raise substantial doubt about the Company’s ability to continue as a going concern. The Company has principally financed these losses from the sale of equity securities and the issuance of debt instruments. The Company may be required to raise additional funds through various sources, such as equity and debt financings. While the Company believes it is probable that such financings could be secured, there can be no assurance the Company will be able to secure additional sources of funds to support its operations or, if such funds are available, that such additional financing will be sufficient to meet the Company’s needs or on terms acceptable to us. At December 31, 2020, the Company had cash of $118,000. T ogether with the Company’s new Equity Line with MacRab, and current operational plan and budget, the Company believes that it has the potential to generate positive cash flows in the second half of 2021. However, actual results could differ materially from the Company’s projections. Covid-19 The outbreak of the novel strain of coronavirus, specifically identified as “COVID- 19”, has resulted in governments worldwide enacting emergency measures to combat the spread of the virus. These measures, which include the implementation of travel bans, self-imposed quarantine periods and social distancing, have caused material disruption to businesses globally resulting in an economic slowdown. Global equity markets have experienced significant volatility and weakness. Governments and central banks have reacted with significant monetary and fiscal interventions designed to stabilize economic conditions. The duration and impact of the COVID-19 outbreak is unknown at this time, as is the efficacy of the government and central bank interventions. It is not possible to reliably estimate the length and severity of these developments and the impact on the financial results and condition of the Company and its operations in future periods. Basis of Accounting and Presentation These consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States (“GAAP”). Foreign Currency Translation The reporting currency of the Company is the U.S. dollar. Assets and liabilities other than those denominated in U.S. dollars, primarily in Singapore, the United Kingdom and China, are translated into U.S. 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 the U.S. and the United Kingdom 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 Performance Obligations Revenue Recognition — Continued operations 1 Touchpoint – Revenue for the sale of the software license is recognized when the customer has use of the services and has access to use the software. Revenue from the usage of the software is shared between the customer and Touchpoint in accordance with their operator agreement. The Company also generates revenue through the development and deployment of customized customer apps based on its existing technologies. Based on the terms of the Operator Agreements, the Company recognizes revenue upon approval of the app and related design documents by the customer. Included within deferred revenue is amounts billed and/or collected from customer prior to achieving customer approval. The Company also recognizes revenue through hosting and maintenance fees billed to customers under the Operator Agreements and is eligible to receive a portion of revenues generated through the customer app, as defined. Revenues were generated through the revenue sharing arrangement in 2021. — Discontinued operations 1 Love Media House derived income from recording and video services. Income was 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. Those revenues were non-refundable. 2 Browning derived income from the advertising associated with the airing of television series produced by Browning and also licenses income from the showing of series on certain channels based on the number of viewers attracted. Advertising revenue was recognized when the series to which the advertising relates is aired. The Company does not have off-balance sheet credit exposure related to its customers. As of December 31, 2020, five customers and two customers respectively, accounted for 100% of the accounts receivable balance. three customers and five customers accounted for 100% of the revenue for the year ended December 31, 2020 and December 31, 2019 respectively. Intangible Assets Intangible assets include software development costs and acquired technology 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. 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. As a result of the current pandemic and its impact on our ability to conduct customer marketing efforts and the inherent uncertainties in the entertainment and software industries within the United States and elsewhere globally, the Company has updated its short-term projections. As a result of this re-evaluation, during the year ended December 31, 2020, the Company recorded an impairment loss of approximately $0.5 million. While the Company believes its estimates and assumptions are reasonable, variations from those estimates could produce materially different results. As set out in Note 3, during the year ended December 31, 2019, the Company recorded an impairment charge related to the Company’s discontinued operations of $2.4 million. 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. 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, 2020 and 2019, 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. Recently Adopted Accounting Pronouncements In August 2020, the FASB issued ASU No. 2020-06, Debt—Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging—Contracts in Entity’s Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity, which simplifies accounting for convertible instruments by removing major separation models required under current GAAP. The ASU removes certain settlement conditions that are required for equity contracts to qualify for the derivative scope exception and it also simplifies the diluted earnings per share calculation in certain areas. This ASU is effective for annual reporting periods beginning after December 15, 2021, including interim periods within those fiscal years. Early adoption is permitted, but no earlier than fiscal years beginning after December 15, 2020. This update permits the use of either the modified retrospective or fully retrospective method of transition. The Company is currently evaluating the impact this ASU will have on its consolidated financial statements and related disclosures.

Discontinued Operations

Discontinued Operations	12 Months Ended
	Dec. 31, 2020
Discontinued Operations and Disposal Groups [Abstract]
Discontinued Operations	Note 3. Discontinued Operations On January 1, 2019 the Company sold its 51% interest in Banana Whale to a third party in return for $1,500,000 in cash, a promissory note in the principal amount of In December 2019, an agreement regarding the remaining amount due on the Banana Whale Note of $500,000 was reached pursuant to which the Company received$250,000 in December 2019. In addition, the balance is payable over the two years ending December 2021 whereby the Company will receive an amount equal to 25% of reported EBITDA each quarter up to a maximum amount of $250,000 in the aggregate. As of December 31, 2020, no payments have been received. During the year ended December 31, 2019, the Company decided to sell its interests in its subsidiaries, Love Media House and Browning. In connection with this determination, the Company concluded the intangible assets related to these subsidiaries were impaired. Accordingly, the Company recorded an impairment charge of approximately $2.4 million which was included in the loss from discontinued operations for the year ended December 31, 2019. On February 18, 2020, the Company completed the sale of its interest in Browning to William J. Browning, the holder of the remaining Browning shares. Under the Recission Agreement, Browning and Mr. Browning agreed to repay advances totaling $210,000, made to Browning by the Company, over a 24-month period ending January 31, 2022 with an early repayment discount, equal to the amount of payment received during the six months ending August 31, 2020. Commencing September 1, 2020, the then balance outstanding is to be repaid in equal instalments over the remaining 17 months together with interest of 1% per month. During the year ended December 31, 2020, the Company received $3,000 and in addition credited Browning with an additional $3,000 repayment discount reducing the outstanding principal to $204,000 as of December 31, 2020. The Company has fully provided for this amount by offsetting against the gain on sale. The Company intends to commence legal action against Mr. Browning for the amounts due. In June 2020, Mr. Browning returned the 89,334 shares of Company common stock issued under the original acquisition. The shares have now been cancelled by the Company. During the year ended December 31, 2020, the Company realized a gain of $379,000 on the sale of its 51% interest in Browning. The Company has accounted for the operations of Love Media House and Browning as discontinued operations. The Statements of Operations for the years ended December 31, 2020 and 2019 for discontinued operations is as follows (in thousands) Discontinued operations Years Ended 2020 2019 Revenue $ — $ 467 Cost of revenue Hardware — 193 Amortization — 150 — 343 Gross Profit/(deficit) — 124 Expenses General and administrative — 987 Depreciation — 8 Other expenses — 19 Impairment — 2,440 — 3,454 Loss from Discontinued Operations — $ (3,330 ) The balance sheet of discontinued operations as of December 31, 2020 and 2019 is as follows: (in thousands) December 31, 2020 2019 Current Assets Cash $ — $ 2 Accounts Receivable — — Other current assets 1 27 1 29 Property and equipment 5 34 Intangible assets — — Goodwill — — $ 6 $ 63 Current Liabilities Accounts payable and accrued expenses $ — $ 36 Deferred revenue — 15 Loans payable — 115 Finance contracts, due within one year — 51 Notes payable – related parties 11 211 $ 11 $ 428

Intangible Assets

Intangible Assets	12 Months Ended
	Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets	Note 4. Intangible Assets As a result of the current pandemic and its impact on our ability to conduct customer marketing efforts and the inherent uncertainties in the entertainment and software industries within the United Kingdom and the United States, the Company has updated its short-term projections. As a result of this re-evaluation, during the year ended December 31, 2020, the Company recorded an impairment loss of approximately $0.5 million. While the Company believes its estimates and assumptions are reasonable, variations from those estimates could produce materially different results. Intangible assets consist of the following (in thousands): December 31, 2020 2019 Touchpoint software $ 2,443 $ 2,950 Less accumulated amortization (1,513 ) (958 ) 930 1,992 Goodwill 419 419 Intangible assets, net $ 1,349 $ 2,411

Notes Payable

Notes Payable	12 Months Ended
	Dec. 31, 2020
Debt Disclosure [Abstract]
Notes Payable	Note 5. Notes Payable a) Promissory notes, related parties 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, were due for repayment on August 31, 2019. Such payments were not made and the parties are in negotiations to extend the maturity dates of the promissory notes, but there can be no guarantee that commercially reasonable terms will agreed upon. As of December 31, 2020, the counterparties had not demanded repayment of the promissory notes. b) Century River Limited The remaining principal balance of $10,000 of the $500,000 loan received from Century River Limited, a company controlled by the Company’s CEO, Century River Limited was repaid on June 10, 2020. c) Bespoke Growth Partners Convertible #1 In July 2019, the Company issued a convertible promissory note in the original principal amount of $100,000 to Bespoke Growth Partners. The loan was originally due on January 26, 2020 and bore interest of 20% per annum. During the year ended December 31, 2020 the Company repaid $84,210 of principal and $16,061 of interest on the note by issuing an aggregate of 12,813,123 shares of Company common stock to Bespoke Growth Partners. The balance owing as of December 31, 2020 was $15,790. d) Bespoke Growth Partners Convertible #2 In November 2019, the Company issued a convertible promissory note to Bespoke Growth Partners. The note was due on May 21, 2020 with an interest rate of 20% per annum. During the year ended December 31, 2020 the Company received proceeds under the note of $175,000. The balance outstanding as of December 31, 2020, including pro-rata loan discount, was $262,500. The Company is in negotiation with Bespoke to revise the repayment terms and date on both loans with Bespoke Growth Partners. e) Labrys Fund The loan payable in the amount of $180,000 is due to Labrys Fund LP. This loan was due on January 24, 2020 and bore interest of 12% per annum. The Loan was repaid in full on the due date. a) Geneva Roth Remark Holdings, Inc. In May 2020, the Company issued a convertible promissory note in the principal amount of $133,000 to Geneva Roth Remark Holdings, Inc. The note is due May 19, 2021 and has an interest rate of 10% per annum. The promissory note is convertible, at the option of the holder, after 180 days into common shares of the Company at a discount of 35% of the lowest trading price in the last 15 days. During the year ended December 31, 2020 the Company issued 15,255,651 common shares as full repayment of the $133,000 promissory note. b) Geneva Roth Remark Holdings, Inc. Note #2 In July 2020, the Company issued a convertible promissory note in the principal amount of $63,000 to Geneva Roth Remark Holdings, Inc. The note is due July 27, 2021 and has an interest rate of 10% per annum. The promissory note is convertible, at the option of the holder, after 180 days into common shares of the Company at a discount of 35% of the lowest trading price in the last 15 days. The balance owing as of December 31, 2020 is $63,000. The final balance was repaid in February 2021 by the issue of 7,037,234 shares of common stock. c) Geneva Roth Remark Holdings, Inc, Note #3 In October 2020, the Company issued a convertible promissory note in the principal amount of $55,000 to Geneva Roth Remark Holdings, Inc. The note is due October 21, 2021 and has an interest rate of 10% per annum. The promissory note is convertible, at the option of the holder, after 180 days into common shares of the Company at a discount of 35% of the lowest trading price in the last 15 days. The balance owing as of December 31, 2020 is $55,000. The loan was repaid in full by cash on April 1, 2021. d) Geneva Roth Remark Holdings, Inc. Note #4 In December 2020, the Company issued a convertible promissory note in the principal amount of $53,500 to Geneva Roth Remark Holdings, Inc. The note is due December 14, 2021 and has an interest rate of 10% per annum. The promissory note is convertible, at the option of the holder, after 180 days into common shares of the Company at a discount of 35% of the lowest trading price in the last 15 days. The balance owing as of December 31, 2020 is $53,500. e) Geneva Roth Remark Holdings, Inc. Note #5 In December 2020, the Company issued a convertible promissory note in the principal amount of $45,500 to Geneva Roth Remark Holdings, Inc. The note is due December 30, 2021 and has an interest rate of 10% per annum. The promissory note is convertible, at the option of the holder, after 180 days into common shares of the Company at a discount of 35% of the lowest trading price in the last 15 days. The balance owing as of December 31, 2020 is $45,500. f) Firstfire Global Opportunities Fund, LLC. Loan #1 In June 2020, the Company issued a convertible promissory note in the principal amount of $145,000 to Firstfire Global Opportunities Fund, LLC. The note is due June 15, 2021 and has an interest rate of 10% per annum. The promissory note is convertible, at the option of the holder, after 180 days into common shares of the Company at a discount of 35% of the lowest trading price in the last 15 days. During the year ended December 31, 2020 the amount of $33,004 was converted to 4,000,000 common shares of the Company. The balance owing as of December 31, 2020 is $111,996. The final balance was repaid in February 2021 by the issue of 6,300,000 shares of common stock. g) EMA Financial, LLC In August 2020, the Company issued a convertible promissory note in the principal amount of $125,000 to EMA Financial, LLC. The note is due October 30, 2021 and has an interest rate of 10% per annum. The promissory note is convertible, at the option of the holder, after 180 days into common shares of the Company at the lower of $0.05 per share and a discount of 35% to the average trading price. The balance owing as of December 31, 2020 is $125,000. In February 2021 the Company issued 10,365,144 shares of common stock in full settlement of the outstanding balance due.

Related Party Transaction

Related Party Transaction	12 Months Ended
	Dec. 31, 2020
Related Party Transactions [Abstract]
Related Party Transaction	Note 6. Related Party Transaction During the year ended December 31, 2020 the Company settled $967,671 owing to certain directors and officers of the Company through the issuance on December 29, 2020 of 59,732,764 common shares of the Company at $0.0162 being the closing price on December 28, 2020.

Share Capital

Share Capital	12 Months Ended
	Dec. 31, 2020
Stockholders' Equity Note [Abstract]
Share Capital	Note 7. Share Capital Common Stock The Company is authorized to issue 750 million shares of common stock, par value of $0.0001. During the year ended December 31, 2020, the Company issued shares of common stock as follows: ● 12,813,132 shares of common stock, with an aggregate fair value of $100,271, in partial settlement of principal and interest owing to Bespoke Growth Partners. ● 7,200,000 shares of common stock to adjust shares issued in 2019 for consulting services which were not subject to reverse split. ● 559,673 shares of common stock for a commitment fee payable to Crown Bridge Partners under the agreement dated in July 2019. ● 645,757 shares of common stock for cash of $19,969. ● 5,000,000 shares of common stock, with a fair value of $60,000, for services to be provided. ● 5,000,000 shares of common stock, with a fair value of $68,500, for services to be provided. ● 2,000,000 shares of common stock, with a fair value of $27,400, for services to be provided. ● 3,000,000 shares of common stock, with a fair value of $169,500, for services to be provided. ● 9,000,000 shares of common stock, with a fair value of $187,000, for services provided. ● 19,255,651 shares of common stock, with a fair value of $166,004, for part conversion of convertible promissory notes ● 61,279,454 shares of common stock for settlement of amounts owing in the aggregate of $982,908. During the year ended December 31, 2020 563,760 shares of common stock were returned to the Company for cancellation. During the year ended December 31, 2019, the Company issued shares of common stock as follows: ● 81,933 shares of common stock, with a fair value of $126,760, as additional compensation related to acquisition of Browning. ● 200,000 shares of common stock, with a fair value of $150,000, for consulting services to be provided. ● 100,000 shares of common stock with a fair value of $38,750 for consulting services to be provided ● 179,104 shares of common stock as security against the loan payable to Labrys Fund LP. The shares were received back by the Company for cancellation in February 2020. ● 370,000 shares of common stock for a commitment fee payable to Crown Bridge Partners During the year ended December 31, 2019, 340,000 shares of common stock, issued in December 2018 was returned to the company for cancellation and the related share subscription due was cancelled. Stock Purchase Warrants As of December 31, 2020, the Company had no warrants outstanding. During the year ended December 31, 2020, no warrants were issued, exercised and 2,890 were forfeited. During the year ended December 31, 2019 no warrants were issued, exercised or forfeited.

Stock-Based Compensation

Stock-Based Compensation	12 Months Ended
	Dec. 31, 2020
Share-based Payment Arrangement [Abstract]
Stock-Based Compensation	Note 8. Stock-Based Compensation On August 6, 2013, the Company’s shareholders approved the 2013 Equity Incentive Plan (“2013 Plan”). The 2013 Plan provides for the issuance of stock options, stock appreciation rights, restricted stock, restricted stock units, performance awards, dividend equivalents, cash bonuses and other stock-based awards to employees, directors and consultants of the Company. There were no options issued in the years ended December 31, 2020 and 2019 and there are no options outstanding as at December 31, 2020. In March 2018, the Company adopted the 2018 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, 2020, no common stock of the Company was issued under the 2018 Plan.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Income Taxes	Note 9. Income Taxes The difference between the applicable statutory tax rates 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 the tax treatment of certain gains and losses recorded under GAAP. 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 2020 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, 2020 2019 Deferred tax assets Net operating loss carryforwards 4,768 4,494 Valuation allowance (4,768 ) (4,494 ) Net deferred tax assets $ — $ — 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 U.S. 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.

Legal Proceedings

Legal Proceedings	12 Months Ended
	Dec. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
Legal Proceedings	Note 10. Legal Proceedings In 2019 we received a claim from the landlord of a property leased by Maham LLC, then a possible acquisition target, under which we were a guarantor. Our counsel has responded to the claim, denying the claim and requesting additional information. In 2019 we received a claim from the former management of Love Media regarding a claim for unpaid wages. Our legal counsel has responded disputing the validity of their claim in its entirety. We do not believe that the ultimate resolution of these claims will have a material impact on the Company’s financial statements, but actual results could differ from our expectations

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2020
Subsequent Events [Abstract]
Subsequent Events	Note 11. Subsequent Events On March 16, 2021, the Company completed on a Standby Equity Commitment Agreement (“SECA”) with MacRab LLC whereby during the 24 months commencing on March 15, 2021, the Company has the option to sell up to $5.0 million of the Company’s common stock to MacRab at a price equal to 90% of the average of the two lowest volume weighted average prices during the eight trading day days following the clearing date associated with the respective put under the SECA. Under the SECA MacRab are entitled to 2,272,727 stock purchase warrants with an exercise price of $0.044 upon the signing of the agreement. MacRab retains the rights to the warrants if the agreement is ever terminated. Geneva Roth Remark Holdings, Inc. Note #6 On January 13, 2021, the Company the Company issued a convertible promissory note in the principal amount of $55,000 to Geneva Roth Remark Holdings, Inc. The note is due July 12, 2021 and has an interest rate of 10% per annum. The promissory note is convertible, at the option of the holder, after 180 days into common shares of the Company at a discount of 35%. Geneva Roth Remark Holdings, Inc. Note #7 On February 8, 2021, the Company the Company issued a convertible promissory note in the principal amount of $55,000 to Geneva Roth Remark Holdings, Inc. The note is due August 4, 2021 and has an interest rate of 10% per annum. The promissory note is convertible, at the option of the holder, after 180 days into common shares of the Company at a discount of 35%. FirstFire Global Opportunities Fund, LLC. Note #2 On February 5, 2021, the Company the Company issued a convertible promissory note in the principal amount of $100,000 to FirstFire Global Opportunities Fund, LLC. The note is due August 1, 2021 and has an interest rate of 10% per annum. The promissory note is convertible, at the option of the holder, after 180 days into common shares of the Company at a discount of 35%. LGH Investments, LLC. On March 4, 2021, the Company the Company issued a convertible promissory note in the principal amount of $165,000 to LGH Investments, LLC. The note carries an OID of 10% and has an interest rate of 8% per annum. The promissory note is convertible, at the option of the holder, after 180 days into common shares of the Company at a fixed price of $0.03 per share of common stock. Jefferson Street Capital, LLC. On March 17, 2021, the Company the Company issued a convertible promissory note in the principal amount of $165,000 to Jefferson Street Capital, LLC. The note carries an OID of 10% and has an interest rate of 8% per annum. The promissory note is convertible, at the option of the holder, after 180 days into common shares of the Company at a fixed price of $0.03 per share of common stock.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2020
Accounting Policies [Abstract]
Liquidity and Capital Resources	Liquidity and Capital Resources Historically, the Company has incurred net losses and negative cash flows from operations which raise substantial doubt about the Company’s ability to continue as a going concern. The Company has principally financed these losses from the sale of equity securities and the issuance of debt instruments. The Company may be required to raise additional funds through various sources, such as equity and debt financings. While the Company believes it is probable that such financings could be secured, there can be no assurance the Company will be able to secure additional sources of funds to support its operations or, if such funds are available, that such additional financing will be sufficient to meet the Company’s needs or on terms acceptable to us. At December 31, 2020, the Company had cash of $118,000. T ogether with the Company’s new Equity Line with MacRab, and current operational plan and budget, the Company believes that it has the potential to generate positive cash flows in the second half of 2021. However, actual results could differ materially from the Company’s projections.
Covid-19	Covid-19 The outbreak of the novel strain of coronavirus, specifically identified as “COVID- 19”, has resulted in governments worldwide enacting emergency measures to combat the spread of the virus. These measures, which include the implementation of travel bans, self-imposed quarantine periods and social distancing, have caused material disruption to businesses globally resulting in an economic slowdown. Global equity markets have experienced significant volatility and weakness. Governments and central banks have reacted with significant monetary and fiscal interventions designed to stabilize economic conditions. The duration and impact of the COVID-19 outbreak is unknown at this time, as is the efficacy of the government and central bank interventions. It is not possible to reliably estimate the length and severity of these developments and the impact on the financial results and condition of the Company and its operations in future periods.
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 (“GAAP”).
Foreign Currency Translation	Foreign Currency Translation The reporting currency of the Company is the U.S. dollar. Assets and liabilities other than those denominated in U.S. dollars, primarily in Singapore, the United Kingdom and China, are translated into U.S. 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 the U.S. and the United Kingdom 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 Performance Obligations Revenue Recognition — Continued operations 1 Touchpoint – Revenue for the sale of the software license is recognized when the customer has use of the services and has access to use the software. Revenue from the usage of the software is shared between the customer and Touchpoint in accordance with their operator agreement. The Company also generates revenue through the development and deployment of customized customer apps based on its existing technologies. Based on the terms of the Operator Agreements, the Company recognizes revenue upon approval of the app and related design documents by the customer. Included within deferred revenue is amounts billed and/or collected from customer prior to achieving customer approval. The Company also recognizes revenue through hosting and maintenance fees billed to customers under the Operator Agreements and is eligible to receive a portion of revenues generated through the customer app, as defined. Revenues were generated through the revenue sharing arrangement in 2021. — Discontinued operations 1 Love Media House derived income from recording and video services. Income was 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. Those revenues were non-refundable. 2 Browning derived income from the advertising associated with the airing of television series produced by Browning and also licenses income from the showing of series on certain channels based on the number of viewers attracted. Advertising revenue was recognized when the series to which the advertising relates is aired. The Company does not have off-balance sheet credit exposure related to its customers. As of December 31, 2020, five customers and two customers respectively, accounted for 100% of the accounts receivable balance. three customers and five customers accounted for 100% of the revenue for the year ended December 31, 2020 and December 31, 2019 respectively.
Intangible Assets	Intangible Assets Intangible assets include software development costs and acquired technology 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.
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. As a result of the current pandemic and its impact on our ability to conduct customer marketing efforts and the inherent uncertainties in the entertainment and software industries within the United States and elsewhere globally, the Company has updated its short-term projections. As a result of this re-evaluation, during the year ended December 31, 2020, the Company recorded an impairment loss of approximately $0.5 million. While the Company believes its estimates and assumptions are reasonable, variations from those estimates could produce materially different results. As set out in Note 3, during the year ended December 31, 2019, the Company recorded an impairment charge related to the Company’s discontinued operations of $2.4 million.
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.
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, 2020 and 2019, 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.
Recently Adopted Accounting Pronouncements	Recently Adopted Accounting Pronouncements In August 2020, the FASB issued ASU No. 2020-06, Debt—Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging—Contracts in Entity’s Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity, which simplifies accounting for convertible instruments by removing major separation models required under current GAAP. The ASU removes certain settlement conditions that are required for equity contracts to qualify for the derivative scope exception and it also simplifies the diluted earnings per share calculation in certain areas. This ASU is effective for annual reporting periods beginning after December 15, 2021, including interim periods within those fiscal years. Early adoption is permitted, but no earlier than fiscal years beginning after December 15, 2020. This update permits the use of either the modified retrospective or fully retrospective method of transition. The Company is currently evaluating the impact this ASU will have on its consolidated financial statements and related disclosures.

Description of Business, Orga_2

Description of Business, Organization and Principles of Consolidation (Tables)	12 Months Ended
	Dec. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of subsidiaries	The Company has the following subsidiaries: Subsidiary name % Owned ● 123Wish, Inc. (considered dormant) 51 % ● One Horizon Hong Kong Ltd (Limited Operations) 100 % ● Horizon Network Technology Co. Ltd (Limited Operations) 100 % ● Love Media House, Inc. (discontinued operations) 100 % ● Touchpoint Connect Limited 100 %

Discontinued Operations (Tables

Discontinued Operations (Tables)	12 Months Ended
	Dec. 31, 2020
Discontinued Operations and Disposal Groups [Abstract]
Schedule of financial statements including discontinued operations	The Statements of Operations for the years ended December 31, 2020 and 2019 for discontinued operations is as follows (in thousands) Discontinued operations Years Ended 2020 2019 Revenue $ — $ 467 Cost of revenue Hardware — 193 Amortization — 150 — 343 Gross Profit/(deficit) — 124 Expenses General and administrative — 987 Depreciation — 8 Other expenses — 19 Impairment — 2,440 — 3,454 Loss from Discontinued Operations — $ (3,330 ) December 31, 2020 2019 Current Assets Cash $ — $ 2 Accounts Receivable — — Other current assets 1 27 1 29 Property and equipment 5 34 Intangible assets — — Goodwill — — $ 6 $ 63 Current Liabilities Accounts payable and accrued expenses $ — $ 36 Deferred revenue — 15 Loans payable — 115 Finance contracts, due within one year — 51 Notes payable – related parties 11 211 $ 11 $ 428

Intangible Assets (Tables)

Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of intangible assets	Intangible assets consist of the following (in thousands): December 31, 2020 2019 Touchpoint software $ 2,443 $ 2,950 Less accumulated amortization (1,513 ) (958 ) 930 1,992 Goodwill 419 419 Intangible assets, net $ 1,349 $ 2,411

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2020
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, 2020 2019 Deferred tax assets Net operating loss carryforwards 4,768 4,494 Valuation allowance (4,768 ) (4,494 ) Net deferred tax assets $ — $ —

Description of Business, Orga_3

Description of Business, Organization and Principles of Consolidation (Details)	Dec. 31, 2020
123Wish, Inc. (Considered Dormant) [Member]
Percentage of owned subsidiary	51.00%
One Horizon Hong Kong Ltd (Limited Operations) [Member]
Percentage of owned subsidiary	100.00%
Horizon Network Technology Co. Ltd (Limited Operations) [Member]
Percentage of owned subsidiary	100.00%
Love Media House, Inc. (Discontinued Operations) [Member]
Percentage of owned subsidiary	100.00%
Touchpoint Connect Limited [Member]
Percentage of owned subsidiary	100.00%

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Details Narrative) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Cash	$ 118	$ 258	$ 313
Impairment charge		$ 2,400
lmpairment loss	$ 500
Minimum [Member]
Intangible asset, useful life	4 years
Maximum [Member]
Intangible asset, useful life	5 years
Customer Concentration Risk [Member] | Accounts Receivable [Member] | Five Customers [Member]
Percentage of concentration risk	100.00%
Customer Concentration Risk [Member] | Accounts Receivable [Member] | Two Customers [Member]
Percentage of concentration risk	100.00%
Customer Concentration Risk [Member] | Sales Revenue, Net [Member] | Five Customers [Member]
Percentage of concentration risk	100.00%	100.00%
Customer Concentration Risk [Member] | Sales Revenue, Net [Member] | Three Customers [Member]
Percentage of concentration risk	100.00%	100.00%

Discontinued Operations (Detail

Discontinued Operations (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Discontinued Operations and Disposal Groups [Abstract]
Revenue		$ 467
Cost of revenue
Hardware		193
Amortization		150
Total cost of revenue		343
Gross Profit/(deficit)		124
Expenses
General and administrative		987
Depreciation		8
Other expenses		19
Impairment		2,440
Total expenses		3,454
Loss from Discontinued Operations		$ (3,330)

Discontinued Operations (Deta_2

Discontinued Operations (Details 1) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Current Assets
Cash		$ 2
Accounts Receivable
Other current assets	1	27
Total current assets of discontinued operations	1	29
Property and equipment	5	34
Intangible assets
Goodwill
Total assets of discontinued operations	6	63
Current Liabilities
Accounts payable and accrued expenses		36
Deferred revenue		15
Loans payable		115
Finance contracts, due within one year		51
Notes payable - related parties	11	211
Total current liabilities disposal	$ 11	$ 428

Discontinued Operations (Deta_3

Discontinued Operations (Details Narrative) - USD ($) $ in Thousands	Jun. 30, 2020	Feb. 18, 2020	Jan. 02, 2019	Dec. 31, 2020	Dec. 31, 2019
Impairment charge					$ 2,400
Description of balance payable					The balance is payable over the two years ending December 2021 whereby the Company will receive an amount equal to 25% of reported EBITDA each quarter up to a maximum amount of $250,000 in the aggregate
Mr. Browning [Member]
Ownership percentage acquired				51.00%
Gain on disposition of business				$ 379,000
Number of shares repurchase	89,334
Banana Whale Studios PTE Ltd [Member]
Promissory notes payable					$ 500
Received amount					$ 250
Banana Whale Studios PTE Ltd [Member] | Promissory Note [Member]
Principal amount			$ 500
Banana Whale Studios PTE Ltd [Member] | Discontinued Operations [Member]
Ownership percentage acquired			51.00%
Number of shares issued upon acquisition			295,322
Cash			$ 1,500
Browning Productions and Entertainment, Inc. [Member] [Default Label]
Received amount				3
Description of balance payable		Under the Recission Agreement, Browning and Mr. Browning agreed to repay advances totaling $210,000, made to Browning by the Company, over a 24-month period ending January 31, 2022 with an early repayment discount, equal to the amount of payment received during the six months ending August 31, 2020. Commencing September 1, 2020, the then balance outstanding is to be repaid in equal instalments over the remaining 17 months together with interest of 1% per month.
Additional repayment discount				3
Outstanding principal				$ 204

Intangible Assets (Details)

Intangible Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Less accumulated amortization	$ (1,513)	$ (958)
Finite lived intangible assets net	930	1,992
Goodwill	419	419
Intangible assets, net	1,349	2,411
Touchpoint Software [Member]
Intangible assets, gross	$ 2,443	$ 2,950

Intangible Assets (Details Narr

Intangible Assets (Details Narrative) $ in Thousands	12 Months Ended
	Dec. 31, 2020USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
Impairment loss	$ 500

Notes Payable (Details Narrativ

Notes Payable (Details Narrative) - USD ($) $ in Thousands	Oct. 31, 2020	Jun. 30, 2020	Nov. 30, 2019	Jul. 31, 2019	Feb. 28, 2021	Aug. 31, 2020	May 31, 2020	Dec. 31, 2020	Dec. 31, 2019	Jul. 31, 2020
Interest paid amount								$ 11
Convertible Promissory Note [Member] | Bespoke Growth Partners [Member]
Debt principal amount				$ 100
Debt interest percentage				20.00%
Maturity date				Jan. 26, 2020
Issuance of common stock								12,813,123
Interest paid amount								$ 16,061
Principal paid amount								84,210
Debt outstanding								$ 15,790
7% Convertible Notes Payable Due August 31, 2019 [Member]
Debt interest percentage								7.00%
Maturity date								Aug. 31, 2019
Convertible Promissory Note [Member] | Bespoke Growth Partners [Member]
Debt interest percentage			20.00%
Maturity date			May 21, 2020
Proceeds from debt								$ 175
Debt outstanding								262,500
Labrys Fund [Member]
Loan payable								$ 180
Debt interest percentage								12.00%
Maturity date								Jan. 24, 2020
Mark White [Member] | 7% Convertible Notes Payable Due August 31, 2019 [Member]
Debt principal amount								$ 500
Zhanming Wu [Member] | 7% Convertible Notes Payable Due August 31, 2019 [Member]
Debt principal amount								500
Century River Limited [Member]
Debt principal amount								$ 10
Maturity date								Jun. 10, 2020
Loan proceeds								$ 500
Geneva Roth Remark Holdings, Inc [Member] | Convertible Promissory Note [Member]
Debt principal amount							$ 133
Debt interest percentage							10.00%
Maturity date							May 19, 2021
Issuance of common stock								15,255,651
Debt conversion term							The promissory note is convertible, at the option of the holder, after 180 days into common shares of the Company at a discount of 35% of the lowest trading price in the last 15 days.
Repayment of debt								$ 133
Geneva Roth Remark Holdings, Inc [Member] | Convertible Promissory Note #2 [Member]
Debt principal amount										$ 63
Debt interest percentage										10.00%
Maturity date		Jul. 27, 2021
Debt outstanding								$ 63
Debt conversion term		The promissory note is convertible, at the option of the holder, after 180 days into common shares of the Company at a discount of 35% of the lowest trading price in the last 15 days.
Geneva Roth Remark Holdings, Inc [Member] | Convertible Promissory Note #2 [Member] | Subsequent Event [Member]
Issuance of common stock					7,037,234
Geneva Roth Remark Holdings, Inc [Member] | Convertible Promissory Note #3 [Member]
Debt principal amount	$ 55
Debt interest percentage	10.00%
Maturity date	Oct. 21, 2021							Apr. 1, 2021
Debt outstanding								$ 55
Debt conversion term	The promissory note is convertible, at the option of the holder, after 180 days into common shares of the Company at a discount of 35% of the lowest trading price in the last 15 days.
Geneva Roth Remark Holdings, Inc [Member] | Convertible Promissory Note #4 [Member]
Debt principal amount								$ 53,500
Debt interest percentage								10.00%
Maturity date								Dec. 14, 2021
Debt outstanding								$ 53,500
Debt conversion term								The promissory note is convertible, at the option of the holder, after 180 days into common shares of the Company at a discount of 35% of the lowest trading price in the last 15 days.
Geneva Roth Remark Holdings, Inc [Member] | Convertible Promissory Note #5 [Member]
Debt principal amount								$ 45,500
Debt interest percentage								10.00%
Maturity date								Dec. 30, 2021
Debt outstanding								$ 45,500
Debt conversion term								The promissory note is convertible, at the option of the holder, after 180 days into common shares of the Company at a discount of 35% of the lowest trading price in the last 15 days.
FirstFire Global Opportunities Fund, LLC [Member] | Convertible Promissory Note #1 [Member]
Debt principal amount		$ 145
Debt interest percentage		10.00%
Maturity date		Jun. 15, 2021
Debt outstanding								$ 111,996
Debt conversion term		The promissory note is convertible, at the option of the holder, after 180 days into common shares of the Company at a discount of 35% of the lowest trading price in the last 15 days.
Amount of debt converted								$ 33,004
Shares issued upon debt conversion								4,000,000
FirstFire Global Opportunities Fund, LLC [Member] | Convertible Promissory Note #1 [Member] | Subsequent Event [Member]
Issuance of common stock					6,300,000
EMA Financial, LLC [Member] | Convertible Promissory Note [Member]
Debt principal amount						$ 125
Debt interest percentage						10.00%
Maturity date						Oct. 30, 2021
Debt outstanding								$ 125
Debt conversion term						The promissory note is convertible, at the option of the holder, after 180 days into common shares of the Company at the lower of $0.05 per share and a discount of 35% to the average trading price.
Shares issued upon debt conversion					10,365,144

Related Party Transaction (Deta

Related Party Transaction (Details Narrative) - Directors And Officers [Member] - Common Stock [Member] - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 28, 2020
Settlement amount	$ 967,671
Number of shares issued (in shares)	59,732,764
Closing price (in dollars per share)		$ 0.0162
Issuance date	Dec. 29, 2020

Share Capital (Details Narrativ

Share Capital (Details Narrative) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Common stock, authorized	750,000,000	750,000,000
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Warrant issued	0
Warrant forfeited	2,890
Warrant oustanding	0
WarrantMember
Number of shares issued (in shares)		340,000
Common Stock [Member]
Number of value issued for services	$ 1
Number of shares issued for consulting services (in shares)	7,200,000
Number of share issued for cash (in shares)	645,757
Value for shares issued for cash	$ 19,969
Number of shares issued conversion of convertible promissory notes	19,255,651
Value of shares issued conversion of convertible promissory notes	$ 166,004
Number of shares issued pursuant to a settlement	61,279,454
Number of value issued pursuant to a settlement	$ 982,908
Number of shares cancellation (in shares)	563,760
Crownbridge Partners [Member]
Number of shares issued (in shares)		370,000
Crownbridge Partners [Member] | Common Stock [Member]
Number of shares issued for commitment fee payable	559,673
Agreement dated	Jul. 31, 2019
Bespoke Growth Partners [Member] | Common Stock [Member]
Number of shares issued (in shares)	12,813,132
Value of shares issued	$ 100,271
Labrys Fund LP [Member]
Number of shares issued (in shares)		179,104
Browning Productions Inc [Member]
Number of shares issued (in shares)		81,933
Value of shares issued		$ 126,760
Service, Other 1 [Member]
Number of shares issued (in shares)		100,000
Value of shares issued		$ 38,750
Service, Other [Member]
Number of shares issued (in shares)		200,000
Value of shares issued		$ 150,000
Service [Member] | Common Stock [Member]
Number of shares issued for services	5,000,000
Number of value issued for services	$ 60,000
Service One [Member] | Common Stock [Member]
Number of shares issued for services	5,000,000
Number of value issued for services	$ 68,500
Service Two [Member] | Common Stock [Member]
Number of shares issued for services	2,000,000
Number of value issued for services	$ 27,400
Service Three [Member] | Common Stock [Member]
Number of shares issued for services	3,000,000
Number of value issued for services	$ 169,500
Service Four [Member] | Common Stock [Member]
Number of shares issued for services	9,000,000
Number of value issued for services	$ 187,000

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Deferred tax assets
Net operating loss carryforwards	$ 4,768	$ 4,494
Valuation allowance	(4,768)	(4,494)
Net deferred tax assets

Subsequent Events (Details Narr

Subsequent Events (Details Narrative) - Subsequent Event [Member] - USD ($) $ / shares in Units, $ in Thousands	Mar. 17, 2021	Mar. 16, 2021	Mar. 04, 2021	Feb. 08, 2021	Feb. 05, 2021	Jan. 31, 2021
Geneva Roth Remark Holdings, Inc [Member] | Geneva Roth Remark Holdings, Inc. Note #6 [MEmber]
Principal amount						$ 55,000
Due date						Jul. 12, 2021
Interest rate						10.00%
Description of convertion						The promissory note is convertible, at the option of the holder, after 180 days into common shares of the Company at a discount of 35%.
Geneva Roth Remark Holdings, Inc [Member] | Geneva Roth Remark Holdings, Inc. Note #7 [Member]
Principal amount				$ 55,000
Due date				Aug. 4, 2021
Interest rate				10.00%
Description of convertion				The promissory note is convertible, at the option of the holder, after 180 days into common shares of the Company at a discount of 35%.
Firstfire Global Opportunities Fund, LLC [Member] | FirstFire Global Opportunities Fund, LLC. Note #2 [Member]
Principal amount					$ 100,000
Due date					Aug. 1, 2021
Interest rate					10.00%
Description of convertion					The promissory note is convertible, at the option of the holder, after 180 days into common shares of the Company at a discount of 35%.
LGH Investments, LLC [Member]
Principal amount			$ 165,000
Interest rate			8.00%
Description of convertion			The promissory note is convertible, at the option of the holder, after 180 days into common shares of the Company at a fixed price of $0.03 per share of common stock.
Original issue discount			10.00%
Jefferson Street Capital, LLC. [Member]
Principal amount	$ 165,000
Interest rate	8.00%
Description of convertion	The promissory note is convertible, at the option of the holder, after 180 days into common shares of the Company at a fixed price of $0.03 per share of common stock.
Original issue discount	10.00%
Standby Equity Commitment Agreement [Member] | Option [Member] | MacRab LLC [Member]
Value of common shares issued		$ 5,000
Agreement term		24 months
Agreement date		Mar. 15, 2021
Percentage of weighted average prices		90.00%
Warrant issued		2,272,727
Exercise price of warrant (in dollars per share)		$ 0.044