Note 12 - Intangible Assets, Net

3 Months Ended

Mar. 31, 2016

Disclosure Text Block [Abstract]

Intangible Assets Disclosure [Text Block]

12. Intangible assets, net

	March 31, 2016			December 31, 2015
	US$(’000)			US$(’000)
	(Unaudited)
Intangible assets not subject to amortization:
Domain name		1,495			1,488
Intangible assets subject to amortization:
Contract backlog		192			191
Customer relationship		3,357			3,340
Non-compete agreements		1,328			1,321
Software technologies		317			316
Cloud compute software technology		1,437			1,429
SMEs intelligent operation and marketing data service applications		4,997			4,973
Other computer software		109			108
Intangible assets, cost		13,232			13,166
Less: accumulated amortization		(5,184	)		(4,845	)
Less: accumulated impairment losses		(2,697	)		(2,683	)
Intangible assets, net		5,351			5,638

Amortization expenses in aggregate for the three months ended March 31, 2016 and 2015 were approximately US$311,000 and US$357,000, respectively.

Based on the current carrying value of the finite-lived intangible assets recorded, which weighted average remaining useful life was 6.12 years as of March 31, 2016, and assuming no further subsequent impairment of the underlying intangible assets, the estimated future amortization expenses is approximately US$945,000 for the nine months ended December 31, 2016, approximately US$776,000 for the year ended December 31, 2017 and approximately US$770,000 each year for the year ended December 31, 2018 through 2020.