XML 74 R52.htm IDEA: XBRL DOCUMENT v3.3.1.900
SEGMENT AND GEOGRAPHIC INFORMATION (Tables)
 12 Months Ended
Dec. 31, 2015
Segment Reporting Information [Line Items]  
Segment Reporting
For the years ended December 31,
2013 2014     2015  
         
Revenues                
Internet games   $ 93,792,294     $ 118,099,837     $ 105,045,280  
Mobile games     16,908,282       45,036,427       24,646,661  
WVAS     62,953,219       64,459,705       49,421,487  
                         
      173,653,795       227,595,969       179,113,428  
                         
Cost of revenues                        
Internet games     (45,283,888 )     (61,443,104 )     (52,368,813 )
Mobile games     (7,780,237 )     (22,977,318 )     (14,776,616 )
WVAS     (43,085,208 )     (44,858,641 )     (37,007,224 )
Impairment loss on intangible assets included in Internet games segment (Note)      (250,553)       -       (35,209,933 ) 
                         
      (96,399,886 )     (129,279,063 )     (139,362,586 )
Gross profit                        
                         
Internet games     48,508,406       56,656,733       52,676,467  
Mobile games     9,128,045       22,059,109       9,870,045  
WVAS     19,868,011       19,601,064       12,414,263  
Impairment loss on intangible assets included in Internet games segment (Note)     (250,553)       -       (35,209,933 ) 
                         
      77,253,909       98,316,906       39,750,842  
Operating expenses                        
                         
Product development     (26,401,720 )     (25,107,372 )     (24,189,619 )
Selling and marketing     (26,674,024 )     (42,522,684 )     (25,890,472 )
General and administrative     (8,976,176 )     (12,564,600 )     (13,484,211 )
Impairment loss on intangible assets     (1,562,386 )     (1,323,260 )     -
                         
Total operating expenses     (63,614,306 )     (81,517,916 )     (63,564,302 )
                         
Government subsidies   $ 2,176,449     $ 1,138,909     $ 1,573,577  
                         
Income (loss) from operations   $ 15,816,052     $ 17,937,899     $ (22,239,883 ) 

 

Note: The cost of revenues for internet games segment in 2013 and 2015, amounted to $45,534,441 and $87,578,746 which included impairment charges of $250,553 and $35,209,933, respectively. The gross profit for internet games segment in 2013 and 2015, amounted to $48,257,853 and $17,466,534, which included impairment charges of $250,553 and $35,209,933, respectively. Prior period information is presented in a manner that is consistent with the current period segment reporting.
Schedule of items included in measure of segment profit
    For the years ended December 31,  
    2013     2014     2015  
                   
Depreciation and amortization                        
Internet games   $ 1,808,259     $ 6,095,769     $ 2,798,822  
Mobile games     485,671       4,258,966       1,395,782  
WVAS     2,694,077       11,168,363       5,948,890  
                         
      4,988,007       21,523,098       10,143,494  

 

    For the years ended December 31,  
    2013     2014     2015  
                   
Share-based compensation                        
Internet games   $ 570,511     $ 438,362     $ 288,463  
Mobile games     153,230       306,273       143,857  
WVAS     849,988       803,145       613,128  
                         
      1,573,729       1,547,780       1,045,448  
Geographic Information
For the years ended December 31,
2013   2014     2015  
           
PRC $ 167,752,785     $ 221,935,017     $ 174,199,110  
Asia-pacific     913,465       162,797       7,937  
Europe and America      4,987,545       5,498,155       4,906,381  
                         
    $ 173,653,795     $ 227,595,969     $ 179,113,428  
Internet Games [Member]  
Segment Reporting Information [Line Items]  
Service Lines
For the years ended December 31,
2013 2014     2015  
         
Internet games                
Online game operation   $ 91,308,244     $ 116,756,333     $ 104,671,006  
Licensing arrangement     2,484,050       1,343,504       374,274  
                         
    $ 93,792,294     $ 118,099,837     $ 105,045,280  
Mobile Games [Member]  
Segment Reporting Information [Line Items]  
Service Lines
For the years ended December 31,
2013   2014     2015  
Mobile games                  
- Carrier billing channels $ 10,135,756     $ 23,808,707     $ 12,057,097  
- Non-carrier billing channels     6,772,526       21,227,720       12,589,564  
                         
    $ 16,908,282     $ 45,036,427     $ 24,646,661  
WVAS [Member]  
Segment Reporting Information [Line Items]  
Service Lines
For the years ended December 31,
2013   2014     2015  
WVAS                  
- SMS $ 31,844,446     $ 31,922,975     $ 21,336,865  
- IVR     14,658,612       13,210,504       3,957,328  
- MMS     1,096,133       968,026       945,771  
- WAP     708,984       364,750       366,180  
- CRBT and others     14,645,044       17,993,450       22,815,343  
                         
    $ 62,953,219     $ 64,459,705     $ 49,421,487