Note 6 - Other Receivables, Net

3 Months Ended

Mar. 31, 2015

Receivables [Abstract]

Loans, Notes, Trade and Other Receivables Disclosure [Text Block]

6.   Other receivables, net

	March 31, 2015			December 31, 2014
	US$(’000)			US$(’000)
	(Unaudited)
Short-term loan made for marketing campaign		-			65
Term deposit interest receivable		85			56
Staff advances for normal business purpose		104			73
TV advertisement deposit and prepayment receivable		7,808			8,034
Overdue deposits		1,016			1,020
Allowance for doubtful debts		(853	)		(856	)
Other receivables, net		8,160			8,392

TV advertisement deposit and prepayment receivable represented deposit and prepayment made to an agent of one of the provincial satellite TV stations partnered with the Company. The Company had decided to terminate its cooperation with this TV station and its agent upon expiration of the 2014 contact on December 31, 2014. In accordance with the agreement between the Company and the agent, the amount will be refunded to the Company within 2015. As of the date hereof, the Company has received in the aggregate of RMB6.2 million (approximately US$1.0 million) refund of this amount, of which RMB1.2 million (approximately US$0.2 million) was collected during the three months ended March 31, 2015.

For advertising resources purchase contracts signed by the Company and its resources providers, the Company was required to make deposits, which were either applied to the contract amounts that were needed to be paid with the consent of the counterparty or to be refunded to the Company of the remaining balance upon expiration of the cooperation. Overdue deposits represented the portion of the contractual deposits, which related advertising resources purchase contracts had been completed as of each of the reporting dates with no further cooperation. Based on the assessment of the collectability of these overdue deposits as of March 31, 2015 and December 31, 2014, the Company provided approximately US$853,000 and US$856,000 allowance for doubtful accounts, respectively, which was related to the deposits of its internet advertising and TV advertising business segment. For the three months ended March 31, 2015 and 2014, no allowance for doubtful accounts was provided or reversed.