Note 26 - Segment Reporting

12 Months Ended

Dec. 31, 2014

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

26. 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”), the Company’s Chief Executive Officer, to make decisions about resources to be allocated to the segment and assess each operating segment’s performance.

Year Ended December 31, 2014

	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		31,261			6,429			276		931			-			-			38,897
Cost of sales		25,645			6,014			13		603			-			-			32,275
Total operating expenses		12,575			450			124		1,974			6,133	*		-			21,256
Gain on disposal of VIEs included in total operating expenses		(266	)		-			-		-			-			-			(266	)
Goodwill impairment loss included in total operating expenses		3,750			-			-		900			-			-			4,650
Intangible assets impairment loss included in total operating expenses		442			-			-		547			-			-			989
Depreciation and amortization expense included in total operating expenses		1,005			30			124		201			77						1,437
Operating income (loss)		(6,959	)		(35	)		139		(1,646	)		(6,133	)		-			(14,634	)
Share of  income/(loss)  in equity investment affiliates		-			-			-		51			(4	)					47
Expenditure for long-term assets		1,113			-			-		2			12			-			1,127
Net income (loss)		(6,380	)		(92	)		139		(1,423	)		(6,136	)		-			(13,892	)
Total assets – December 31, 2014		43,851			13,228			296		2,989			6,558			(19,492	)		47,430

*Including approximately US$4,840,000 share-based compensation expenses.

Year Ended December 31, 2013

	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		20,672		6,801			251		2,569			-			-			30,293
Cost of sales		8,643		6,463			1		1,456			-			-			16,563
Total operating expenses		8,452		1,216			192		1,936			1,322	*		-			13,118
Loss on disposal of VIEs included in total operating expenses		-		-			-		543			-			-			543
Loss on disposal of intangible asset included in total operating expenses		-		-			-		315			-			-			315
Depreciation and amortization expense included in total operating expenses		1,024		42			192		217			142			-			1,617
Operating income (loss)		3,577		(878	)		58		(823	)		(1,322	)		-			612
Share of losses in equity investment affiliates		-		-			-		(143	)		(40	)		-			(183	)
Expenditure for long-term assets		2,486		-			-		2			11			-			2,499
Net income (loss)		2,638		(881	)		57		(899	)		(1,198	)		-			(283	)
Total assets – December 31, 2013		51,324		17,022			420		4,524			7,065			(23,521	)		56,834

*Including approximately US$125,000 share-based compensation expenses.