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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 1,941 $ 5,037
Term deposit 3,333 3,465
Accounts receivable, net 4,084 2,407
Other receivables, net 6,819 8,392
Prepayment and deposit to suppliers 5,747 8,092
Due from related parties 80 51
Other current assets 89 61
Deferred tax assets-current 306 176
Total current assets 22,399 27,681
Long-term investments 1,052 909
Property and equipment, net 957 943
Intangible assets, net 7,855 9,238
Deposit and prepayment for purchasing of software technology 1,046 850
Goodwill 6,514 6,772
Deferred tax assets-non current 1,452 1,037
Total Assets $ 41,275 47,430
Current liabilities:    
Short-term bank loan * [1] 817
Accounts payable * [1] $ 701 782
Advances from customers * [1] 2,200 832
Accrued payroll and other accruals * [1] 650 585
Due to noncontrolling interest of VIE * [1] $ 227 638
Payable for purchasing of software technology * [1] 2,826
Guarantee payment and prepayment from new investors [1] $ 963  
Taxes payable * [1] 3,181 3,332
Other payables * [1] 563 602
Total current liabilities 8,485 10,414
Long-term liabilities:    
Deferred tax liability-non current * [1] 816 964
Long-term borrowing from director 138 143
Total Liabilities 9,439 11,521
Commitments and contingencies 407  
ChinaNet Online Holdings, Inc.’s stockholders’ equity    
Common stock (US$0.001 par value; authorized 50,000,000 shares; issued and outstanding 29,580,130 shares and 29,030,130 shares at September 30, 2015 and December 31, 2014, respectively) 30 29
Additional paid-in capital 26,339 24,703
Statutory reserves 2,607 2,607
Retained earnings 144 5,222
Accumulated other comprehensive income 2,492 3,625
Total ChinaNet Online Holdings, Inc.’s stockholders’ equity 31,612 36,186
Noncontrolling interests (183) (277)
Total equity 31,429 35,909
Total Liabilities and Equity $ 41,275 $ 47,430
[1] All of the VIEs' assets can be used to settle obligations of their primary beneficiary. Liabilities recognized as a result of consolidating these VIEs do not represent additional claims on the Company's general assets (Note 2).