Note 11 - Intangible Assets, Net

9 Months Ended

Sep. 30, 2015

Disclosure Text Block [Abstract]

Intangible Assets Disclosure [Text Block]

11. Intangible assets, net

	September 30, 2015			December 31, 2014
	US$(’000)			US$(’000)
	(Unaudited)
Intangible assets not subject to amortization:
Domain name		1,518			1,579
Intangible assets subject to amortization:
Contract backlog		195			202
Customer relationship		3,410			3,545
Non-compete agreements		1,349			1,402
Software technologies		322			335
SMEs operation management applications		5,076			5,277
Cloud-computing based software platforms		1,459			1,517
Other computer software		75			78
Intangible assets, cost		13,404			13,935
Less: accumulated amortization		(4,594	)		(3,704	)
Less: accumulated impairment losses		(955	)		(993	)
Intangible assets, net		7,855			9,238

Amortization expenses in aggregate for the nine months ended September 30, 2015 and 2014 were approximately US$1,063,000 and US$788,000, respectively.

Amortization expenses in aggregate for the three months September 30, 2015 and 2014 were approximately US$349,000 and US$262,000, respectively.

Based on the carrying value of the finite-lived intangible assets recorded as of September 30, 2015, and assuming no subsequent impairment of the underlying intangible assets, the estimated future amortization expenses is approximately US$344,000 for the three months ended December 31, 2015, approximately US$1,369,000 for the year ended December 31, 2016, approximately US$886,000 for the year ended December 31, 2017, approximately US$836,000 for the year ended December 31, 2018 and approximately US$780,000 for the year ended December 31, 2019.