XML 28 R18.htm IDEA: XBRL DOCUMENT v3.21.1
Note 10 - Intangible Assets, Net
3 Months Ended
Mar. 31, 2021
Notes to Financial Statements  
Intangible Assets Disclosure [Text Block]
10.
Intangible assets, net
 
    As of March 31, 2021 (Unaudited)
Items  
Gross
Carrying
Value
 
Accumulated
Amortization
  Impairment  
Net
Carrying
Value
   
US$('000)
 
US$('000)
 
US$('000)
 
US$('000)
Intangible assets subject to amortization:                
Cloud compute software technology    
1,412
 
   
(975
)
   
(433
)
   
4
 
Internet Ad tracking system    
1,160
 
   
-
 
   
-
 
   
1,160
 
Live streaming technology    
1,500
 
   
(100
)
   
-
 
   
1,400
 
Licensed products use right    
1,205
 
   
(166
)
   
-
 
   
1,039
 
Other computer software    
119
 
   
(119
)
   
-
 
   
-
 
Total
  $
5,396
 
  $
(1,360
)
  $
(433
)
  $
3,603
 
 
    As of December 31, 2020
Items  
Gross
Carrying
Value
 
Accumulated
Amortization
  Impairment  
Net
Carrying
Value
   
US$('000)
 
US$('000)
 
US$('000)
 
US$('000)
Intangible assets subject to amortization:                
Cloud compute software technology    
1,423
 
   
(978
)
   
(436
)
   
9
 
Live streaming technology    
1,500
 
   
(25
)
   
-
 
   
1,475
 
Licensed products use right    
1,208
 
   
(135
)
   
-
 
   
1,073
 
Other computer software    
120
 
   
(120
)
   
-
 
   
-
 
Total
  $
4,251
 
  $
(1,258
)
  $
(436
)
  $
2,557
 
 
Amortization expenses for the
three
months ended
March 31, 2021
and
2020
were approximately
US$0.11
million and
US$0.21
million, 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
5.90
years as of
March 31, 2021,
and assuming
no
further subsequent impairment of the underlying intangible assets, the estimated future amortization expenses is approximately
US$0.49
million for the year ending
December 31, 2021,
approximately
US$
0.65
million each year for the year ending
December 31, 2022
through
2024,
approximately
US$0.63
million for the year ending
December 31, 2025,
and approximately
US$0.18
million for the year ending
December 31, 2026.