Note 25 - Segment Reporting

6 Months Ended

Jun. 30, 2014

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

25. Segment reporting

The Company follows ASC Topic 280 “Segment Reporting”, which requires that companies disclose segment data based on how management makes decisions about allocating resources to segments and evaluating their performance. Reportable operating segments include components of an entity about which separate financial information is available and which operating results are regularly reviewed by the chief operating decision maker (“CODM”) to make decisions about resources to be allocated to the segment and assess each operating segment’s performance.

Six Months Ended June 30, 2014 (Unaudited)

	Internet Ad.			TV Ad.			Bank kiosk		Brand management and sales channel building			Others			Inter- segment and reconciling item			Total
	US$ (‘000)			US$ (‘000)			US$ (‘000)		US$ (‘000)			US$ (‘000)			US$ (‘000)			US$ (‘000)
Revenue		11,808			2,994			138		604			-			-			15,544
Cost of sales		9,395			2,772			5		315			-			-			12,487
Total operating expenses		3,850			222			63		283			578	*		-			4,996
Depreciation and amortization expense included in total operating expenses		489			22			63		100			41			-			715
Operating income (loss)		(1,437	)		-			70		6			(578	)		-			(1,939	)
Share of losses in equity investment affiliates		-			-			-		(56	)		(2	)		-			(58	)
Expenditure for long-term assets		850			-			-		1			12			-			863
Net income (loss)		(1,493	)		(32	)		70		(57	)		(580	)		-			(2,092	)
Total assets – June 30, 2014		50,301			16,486			355		4,482			6,465			(22,809	)		55,280
Total assets – December 31, 2013		51,324			17,022			420		4,524			7,065			(23,521	)		56,834

*Including approximately US$17,000 share-based compensation expenses.

Three Months Ended June 30, 2014 (Unaudited)

	Internet Ad.			TV Ad.			Bank kiosk		Brand management and sales channel building			Others			Inter- segment and reconciling item		Total
	US$ (‘000)			US$ (‘000)			US$ (‘000)		US$ (‘000)			US$ (‘000)			US$ (‘000)		US$ (‘000)
Revenue		8,228			1,812			67		254			-			-		10,361
Cost of sales		6,853			1,677			5		130			-			-		8,665
Total operating expenses		2,325			128			32		143			342	*		-		2,970
Depreciation and amortization expense included in total operating expenses		242			11			32		50			20			-		355
Operating income (loss)		(950	)		7			30		(19	)		(342	)		-		(1,274	)
Share of losses in equity investment affiliates		-			-			-		(43	)		-			-		(43	)
Expenditure for long-term assets		-			-			-		-			-			-		-
Net income (loss)		(994	)		(10	)		30		(62	)		(342	)		-		(1,378	)

*Including approximately US$9,000 share-based compensation expenses.

Six Months Ended June 30, 2013 (Unaudited)

	Internet Ad.		TV Ad.			Bank kiosk		Brand management and sales channel building			Others			Inter- segment and reconciling item		Total
	US$ (‘000)		US$ (‘000)			US$ (‘000)		US$ (‘000)			US$ (‘000)			US$ (‘000)		US$ (‘000)
Revenue		9,247		5,127			140		1,427			-			-		15,941
Cost of sales		4,264		4,743			-		750			-			-		9,757
Total operating expenses		3,274		755			105		551			763	*		-		5,448
Depreciation and amortization expense included in total operating expenses		516		25			105		109			85			-		840
Operating income (loss)		1,709		(371	)		35		126			(763	)		-		736
Share of losses in equity investment affiliates		-		-			-		(90	)		(35	)		-		(125	)
Expenditure for long-term assets		853		-			-		-			7			-		860
Net income (loss)		1,510		(431	)		35		5			(714	)		-		405

*Including approximately US$21,000 share-based compensation expenses.

Three Months Ended June 30, 2013 (Unaudited)

	Internet Ad.		TV Ad.			Bank kiosk		Brand management and sales channel building			Others			Inter- segment and reconciling item		Total
	US$ (‘000)		US$ (‘000)			US$ (‘000)		US$ (‘000)			US$ (‘000)			US$ (‘000)		US$ (‘000)
Revenue		5,436		2,489			71		896			-			-		8,892
Cost of sales		2,620		2,243			-		427			-			-		5,290
Total operating expenses		1,691		373			52		307			386	*		-		2,809
Depreciation and amortization expense included in total operating expenses		259		13			52		55			43			-		422
Operating income (loss)		1,125		(127	)		19		162			(386	)		-		793
Share of losses in equity investment affiliates		-		-			-		(45	)		(9	)		-		(54	)
Expenditure for long-term assets		847		-			-		-			2			-		849
Net income (loss)		845		(172	)		19		77			(353	)		-		416

*Including approximately US$11,000 share-based compensation expenses.