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Note 10 - Intangible Assets, Net
3 Months Ended
Mar. 31, 2020
Notes to Financial Statements  
Intangible Assets Disclosure [Text Block]
10.
Intangible assets, net
 
    As of March 31, 2020 (Unaudited)
Items  
Gross
Carrying
Value
 
Accumulated
Amortization
  Impairment  
Net
Carrying
Value
   
US$(’000)
 
US$(’000)
 
US$(’000)
 
US$(’000)
Intangible assets not subject to amortization:                
Domain name    
1,363
 
   
-
 
   
(1,363
)
   
-
 
Intangible assets subject to amortization:                                
Customer relationship    
1,880
 
   
(1,880
)
   
-
 
   
-
 
Non-compete agreements    
1,035
 
   
(563
)
   
(472
)
   
-
 
Software technologies    
289
 
   
(289
)
   
-
 
   
-
 
Intelligent marketing data service platform    
4,557
 
   
(1,846
)
   
(2,711
)
   
-
 
Internet safety, information exchange security and data encryption software    
1,835
 
   
(413
)
   
(1,422
)
   
-
 
Cloud video management system    
1,341
 
   
(333
)
   
(1,008
)
   
-
 
Cloud compute software technology    
1,310
 
   
(888
)
   
(402
)
   
20
 
Licensed products use right    
1,207
 
   
(45
)
   
-
 
   
1,162
 
Other computer software    
871
 
   
(355
)
   
-
 
   
516
 
Total
  $
15,688
 
  $
(6,612
)
  $
(7,378
)
  $
1,698
 
 
    As of December 31, 2019
Items  
Gross
Carrying
Value
 
Accumulated
Amortization
  Impairment  
Net
Carrying
Value
   
US$(’000)
 
US$(’000)
 
US$(’000)
 
US$(’000)
Intangible assets not subject to amortization:                                
Domain name    
1,385
 
   
-
 
   
(1,385
)
   
-
 
Intangible assets subject to amortization:                                
Customer relationship    
1,909
 
   
(1,909
)
   
-
 
   
-
 
Non-compete agreements    
1,051
 
   
(571
)
   
(480
)
   
-
 
Software technologies    
294
 
   
(294
)
   
-
 
   
-
 
Intelligent marketing data service platform    
4,629
 
   
(1,876
)
   
(2,753
)
   
-
 
Internet safety, information exchange security and data encryption software    
1,863
 
   
(419
)
   
(1,444
)
   
-
 
Cloud video management system    
1,362
 
   
(338
)
   
(1,024
)
   
-
 
Cloud compute software technology    
1,331
 
   
(898
)
   
(408
)
   
25
 
Licensed products use right    
1,202
 
   
(15
)
   
-
 
   
1,187
 
Other computer software    
872
 
   
(185
)
   
-
 
   
687
 
Total
  $
15,898
 
  $
(6,505
)
  $
(7,494
)
  $
1,899
 
 
Amortization expenses for the
three
months ended
March 31, 2020
and
2019
were approximately
US$205,000
and
US$5,000,
respectively.
 
Based on the adjusted carrying value of the finite-lived intangible assets after the deduction of the impairment losses, which has a weighted average remaining useful life of
6.27
years as of
March 31, 2020,
and assuming
no
further subsequent impairment of the underlying intangible assets, the estimated future amortization expenses is approximately
US$0.62
million for the year ending
December 31, 2020,
approximately
US$0.13
million for the year ending
December 31, 2021,
and approximately
US$0.12
million each year for the year ending
December 31, 2022
through
2024.