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Note 10 - Intangible Assets, Net
 9 Months Ended
Sep. 30, 2020
Notes to Financial Statements  
Intangible Assets Disclosure [Text Block]
10.
 Intangible assets, net
 
    As of September 30, 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    
1,418
 
    
-
 
    
(1,418
)
    
-
 
Intangible assets subject to amortization:                                
Customer relationship    
1,956
 
    
(1,956
)
    
-
 
    
-
 
Non-compete agreements    
1,076
 
    
(584
)
    
(492
)
    
-
 
Software technologies    
301
 
    
(301
)
    
-
 
    
-
 
Intelligent marketing data service platform    
4,741
 
    
(1,920
)
    
(2,821
)
    
-
 
Internet safety, information exchange security and data encryption software    
1,909
 
    
(430
)
    
(1,479
)
    
-
 
Cloud video management system    
1,395
 
    
(346
)
    
(1,049
)
    
-
 
Cloud compute software technology    
1,363
 
    
(932
)
    
(418
)
    
13
 
Licensed products use right    
1,208
 
    
(105
)
    
-
 
    
1,103
 
Other computer software    
875
 
    
(703
)
    
-
 
    
172
 
Total   $
16,242
 
   $
(7,277
)
   $
(7,677
)
   $
1,288
 
 
    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
nine
months ended
September 30, 2020
and
2019
were approximately
US$616,000
and
US$13,000,
respectively. Amortization expenses for the
three
months ended
September 30, 2020
and
2019
were approximately
US$205,000
and
US$4,000,
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
5.77
years as of
September 30, 2020,
and assuming
no
further subsequent impairment of the underlying intangible assets, t
he estimated future amortization expenses is approximately
US$0.21
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
.