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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 5,503 $ 5,037
Term deposit 3,265 3,465
Accounts receivable, net 2,549 2,407
Other receivables, net 1,910 8,392
Prepayment and deposit to suppliers 5,843 8,092
Due from related parties 41 51
Other current assets 45 61
Deferred tax assets-current   176
Assets classified as held for sale 1,882  
Total current assets 21,038 27,681
Long-term investments 1,133 909
Property and equipment, net 681 943
Intangible assets, net 5,638 9,238
Deposit and prepayment for purchasing of software technology 1,024 850
Goodwill 4,396 6,772
Deferred tax assets-non current 1,550 1,037
Total Assets $ 35,460 47,430
Current liabilities:    
Short-term bank loan * [1] 817
Accounts payable * [1] $ 95 782
Advances from customers * [1] 1,313 832
Accrued payroll and other accruals * [1] $ 685 585
Due to noncontrolling interest of VIE * [1] 638
Payable for purchasing of software technology * [1] 2,826
Guarantee payment and prepayment from new investors $ 944  
Taxes payable * [1] 3,186 3,332
Other payables * [1] 234 $ 602
Liabilities classified as held for sale * [1] 913
Total current liabilities 7,370 $ 10,414
Long-term liabilities:    
Deferred tax liability-non current * [1] 118 964
Long-term borrowing from a director 135 143
Total Liabilities 7,623 11,521
Commitments and contingencies 129  
ChinaNet Online Holdings, Inc.’s stockholders’ equity    
Common stock (US$0.001 par value; authorized 50,000,000 shares; issued and outstanding 29,640,130 shares and 29,030,130 shares at December 31, 2015 and 2014, respectively) 30 29
Additional paid-in capital 26,510 24,703
Statutory reserves 2,607 2,607
Retained (deficit)/earnings (3,870) 5,222
Accumulated other comprehensive income 2,056 3,625
Total ChinaNet Online Holdings, Inc.’s stockholders’ equity 27,333 36,186
Noncontrolling interests 375 (277)
Total equity 27,708 35,909
Total Liabilities and Equity $ 35,460 $ 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).