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Note 23 - Segment Reporting
9 Months Ended
Sep. 30, 2017
Notes to Financial Statements  
Segment Reporting Disclosure [Text Block]
23.
Segment reporting
 
The Company follows ASC Topic
280
“Segment Reporting”, which requires that companies disclose segment data based on how management makes decisions about allocating resources to segments and evaluating their performance. Reportable operating segments include components of an entity about which separate financial information is available and which operating results are regularly reviewed by the chief operating decision maker (“CODM”), the Company’s Chief Executive Officer, to make decisions about resources to be allocated to the segment and assess each operating segment’s performance.
 
Nine Months Ended
September 30, 2017 (
Unaudited)
 
    Internet Ad.
and data service
  TV &
Bank kiosks
Ad.
  Others   Inter-
segment
and
reconciling
item
  Total
    US$
(‘000)
  US$
(‘000)
  US$
(‘000)
  US$
(‘000)
  US$
(‘000)
                     
Revenues    
31,287
     
-
     
-
 
   
-
     
31,287
 
Cost of revenues    
26,955
     
 
     
-
 
   
-
     
26,955
 
Total operating expenses    
5,828
     
47
     
1,938
(1)
   
-
     
7,813
 
Depreciation and amortization expense included in total operating expenses    
996
     
1
     
70
 
   
-
     
1,067
 
Operating loss    
(1,496
)    
(47
)    
(1,938
)
   
-
     
(3,481
)
                                         
Expenditure for long-term assets    
-
     
-
     
2
 
   
-
     
2
 
                                         
Net loss from continuing operations    
(1,887
)    
(47
)    
(1,940
)
   
-
     
(3,874
)
                                         
Total assets – September 30, 2017    
28,982
     
476
     
11,170
 
   
(11,488
)    
29,140
 
Total assets – December 31, 2016    
29,520
     
348
     
11,882
 
   
(11,708
)    
30,042
 
 
(
1
)
Including approximately
US$484,000
share-based compensation expenses.
Three Months Ended
September 30, 2017 (
Unaudited)
 
    Internet Ad.
and data service
  TV &
Bank kiosks
Ad.
  Others   Inter-
segment
and
reconciling
item
  Total
    US$
(‘000)
  US$
(‘000)
  US$
(‘000)
  US$
(‘000)
  US$
(‘000)
                     
Revenues    
13,523
     
-
     
-
 
   
-
     
13,523
 
Cost of revenues    
12,163
     
-
     
-
 
   
-
     
12,163
 
Total operating expenses    
2,646
     
(9
)    
733
(1)
   
-
     
3,370
 
Depreciation and amortization expense included in total operating expenses    
338
     
-
     
22
 
   
-
     
360
 
Operating income/(loss)    
(1,286
)    
9
     
(733
)
   
-
     
(2,010
)
                                         
Expenditure for long-term assets    
-
     
-
     
-
 
   
-
     
-
 
                                         
Net (loss)/income from continuing operations    
(1,324
)    
9
     
(733
)
   
-
     
(2,048
)
 
(
1
)
Including approximately
US$136,000
share-based compensation expenses.
 
Nine Months Ended
September 30, 2016 (
Unaudited)
 
    Internet Ad.
and data service
  TV &
Bank kiosks
Ad.
  Others   Inter-
segment
and
reconciling
item
  Total
    US$
(‘000)
  US$
(‘000)
  US$
(‘000)
  US$
(‘000)
  US$
(‘000)
                     
Revenues    
25,398
     
-
     
-
 
   
-
     
25,398
 
Cost of revenues    
19,269
     
-
     
-
 
   
-
     
19,269
 
Total operating expenses    
6,625
     
106
     
3,158
(1)
   
-
     
9,889
 
Depreciation and amortization expense included in total operating expenses    
1,079
     
15
     
76
 
   
-
     
1,170
 
Operating loss    
(496
)    
(106
)    
(3,158
)
   
-
     
(3,760
)
                                         
Expenditure for long-term assets    
2,036
     
-
     
103
 
   
-
     
2,139
 
                                         
Net loss from continuing operations    
(758
)    
(105
)    
(3,096
)
   
-
     
(3,959
)
 
(
1
)
Including approximately
US$1,718,000
share-based compensation expenses.
Three Months Ended
September 30, 2016 (
Unaudited)
 
    Internet Ad.
and data service
  TV &
Bank kiosks
Ad.
  Others   Inter-
segment
and
reconciling
item
  Total
    US$
(‘000)
  US$
(‘000)
  US$
(‘000)
  US$
(‘000)
  US$
(‘000)
                     
Revenues    
11,902
     
-
     
-
 
   
-
     
11,902
 
Cost of revenues    
9,874
     
-
     
-
 
   
-
     
9,874
 
Total operating expenses    
2,418
     
30
     
944
(1)
   
-
     
3,392
 
Depreciation and amortization expense included in total operating expenses    
367
     
14
     
29
 
   
-
     
410
 
Operating loss    
(390
)    
(30
)    
(944
)
   
-
     
(1,364
)
                                         
Expenditure for long-term assets    
-
     
-
     
-
 
   
-
     
-
 
                                         
Net loss from continuing operations    
(474
)    
(29
)    
(948
)
   
-
     
(1,451
)
 
(
1
)
Including approximately
US$583,000
share-based compensation expenses.