Note 26 - Discontinued Operation

12 Months Ended

Dec. 31, 2015

Discontinued Operations [Abstract]

Discontinued Operations [Text Block]

26. Discontinued operation

As discussed in Note 2, in order to concentrate all the Company’s resources on its core business, which is Internet advertising, marketing and the related technical and data services, the Company exited its brand management and sales channel building business segment, which qualified for presentation as a discontinued operation.

Major classes of line items constituting pre-tax net loss and net loss of the discontinued operation for the years ended December 31, 2015 and 2014, respectively, are as follows: 

	Year Ended December 31,
	2015			2014
	US$(’000)			US$(’000)
Revenues		272			931
Cost of revenues		149			603
Total operating expenses		359			527
Impairment on intangible assets		169			547
Impairment on goodwill		1,117			900
Not loss before income tax benefit		(1,522	)		(1,646	)
Income tax benefit		57			175
Net loss		(1,465	)		(1,471	)

For the years ended December 31, 2015 and 2014, depreciation and amortization expenses included in operating expenses of the discontinued operation was approximately US$63,000 and US$201,000, respectively. There were no significant capital expenditures, operating or investing noncash items incurred in the discontinued operation for the year ended December 31, 2015 or 2014.