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Note 25 - Discontinued Operation
9 Months Ended
Sep. 30, 2016
Notes to Financial Statements  
Discontinued Operations [Text Block]
25. Discontinued operation
 
The Company exited its brand management and sales channel building business segment in the fourth fiscal quarter of 2015, operated by one of its VIEs, Quanzhou City Zhilang Network Technology Co., Ltd. (“Quanzhou Zhi Lang”), which qualified for presentation as a discontinued operation. In June 2016, the Company disposed Quanzhou Zhi Lang to an unaffiliated third-party, the loss incurred from the disposal was also included in results of operations of discontinued operation, presented as a separate component in the condensed consolidated statements of operations and comprehensive loss for all periods presented. Major classes of line items constituting pre-tax net loss and net loss of the discontinued operation for the nine and three months ended September 30, 2016 and 2015, respectively, are as follows:
 
    Nine Months Ended September 30,   Three Months Ended September 30,
    2016   2015   2016   2015
    US$(’000)   US$(’000)   US$(’000)   US$(’000)
    (Unaudited)   (Unaudited)   (Unaudited)   (Unaudited)
                 
Revenues     -       212       -       45  
Cost of revenues     -       122       -       18  
Total operating expenses     51       314       -       126  
Not loss before income tax benefit     (51 )     (224 )     -       (99 )
Income tax benefit     -       20       -       4  
Loss from discontinued operation, net of income tax     (51 )     (204 )     -       (95 )
Loss on disposal of discontinued operation, net of income tax     (9 )     -       -       -  
Loss from and on disposal of discontinued operation, net of income tax     (60 )     (204 )     -       (95 )
 
For the nine and three months ended September 30, 2016 and 2015, depreciation and amortization expenses included in operating expenses of the discontinued operation were immaterial. There were no significant capital expenditures, operating or investing noncash items incurred in the discontinued operation for the nine and three months ended September 30, 2016 or 2015.