Note 11 - Intangible Assets, Net

6 Months Ended

Jun. 30, 2015

Disclosure Text Block [Abstract]

Intangible Assets Disclosure [Text Block]

11. Intangible assets, net

	June 30, 2015			December 31, 2014
	US$(’000)			US$(’000)
	(Unaudited)
Intangible assets not subject to amortization:
Domain name		1,580			1,579
Intangible assets subject to amortization:
Contract backlog		203			202
Customer relationship		3,548			3,545
Non-compete agreements		1,404			1,402
Software technologies		335			335
SMEs operation management applications		5,282			5,277
Cloud-computing based software platforms		1,518			1,517
Other computer software		78			78
Intangible assets, cost		13,948			13,935
Less: accumulated amortization		(4,423	)		(3,704	)
Less: accumulated impairment losses		(994	)		(993	)
Intangible assets, net		8,531			9,238

Amortization expenses in aggregate for the six months ended June 30, 2015 and 2014 were approximately US$714,000 and US$526,000, respectively.

Amortization expenses in aggregate for the three months June 30, 2015 and 2014 were approximately US$357,000 and US$262,000, respectively.

Based on the carrying value of the finite-lived intangible assets recorded as of June 30, 2015, and assuming no subsequent impairment of the underlying intangible assets, the estimated future amortization expenses is approximately US$715,000 for the six months ended December 31, 2015, approximately US$1,424,000 for the year ended December 31, 2016, approximately US$921,000 for the year ended December 31, 2017, approximately US$869,000 for the year ended December 31, 2018 and approximately US$812,000 for the year ended December 31, 2019.