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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 3,744 $ 5,503
Term deposit 3,281 3,265
Accounts receivable, net 3,030 2,549
Other receivables, net 436 1,910
Prepayment and deposit to suppliers 6,013 5,843
Due from related parties 323 41
Other current assets 16 45
Assets classified as held for sale 1,958 1,882
Total current assets 18,801 21,038
Long-term investments 1,576 1,133
Property and equipment, net 711 681
Intangible assets, net 5,351 5,638
Deposit and prepayment for purchasing of software technology 2,438 1,024
Goodwill 4,418 4,396
Deferred tax assets-non current 1,556 1,550
Total Assets 34,851 35,460
Current liabilities:    
Accounts payable * [1] 217 95
Advances from customers * [1] 1,379 1,313
Accrued payroll and other accruals * [1] 615 685
Guarantee payment and prepayment from new investors 949 944
Taxes payable * [1] 3,255 3,186
Other payables * [1] 145 234
Liabilities classified as held for sale * [1] 964 913
Total current liabilities 7,524 7,370
Long-term liabilities:    
Deferred tax liability-non current * [1] 89 118
Long-term borrowing from a director 135 135
Total Liabilities 7,748 7,623
Commitments and contingencies 130 129
ChinaNet Online Holdings, Inc.’s stockholders’ equity    
Common stock (US$0.001 par value; authorized 50,000,000 shares; issued and outstanding 30,355,722 shares and 29,640,130 shares at March 31, 2016 and December 31, 2015, respectively) 30 30
Additional paid-in capital 27,074 26,510
Statutory reserves 2,607 2,607
Retained deficit (5,281) (3,870)
Accumulated other comprehensive income 2,185 2,056
Total ChinaNet Online Holdings, Inc.’s stockholders’ equity 26,615 27,333
Noncontrolling interests 358 375
Total equity 26,973 27,708
Total Liabilities and Equity $ 34,851 $ 35,460
[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).