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Intangible Assets (Details) - USD ($)
Sep. 30, 2016
Dec. 31, 2015
Intangible Assets [Line Items]    
Total amortizing intangible assets, gross carrying amount $ 3,951,749 $ 3,663,581
Total amortizing intangible assets, accumulated amortization (1,586,945) (1,385,280)
Total amortizing intangible assets, impairment loss (171,716)  
Total amortizing intangible assets, net balance 2,193,088 2,278,301
Total intangible assets, gross carrying amount 4,086,039 3,797,871
Total intangible assets, accumulated amortization (1,586,945) (1,385,280)
Total intangible assets, impairment loss (171,716)  
Total intangible assets, net balance 2,327,378 2,412,591
Website name    
Intangible Assets [Line Items]    
Indefinite lived intangible assets, carrying amount 134,290 134,290
Charter/ Cooperation agreements    
Intangible Assets [Line Items]    
Total amortizing intangible assets, gross carrying amount 2,755,821 2,755,821
Total amortizing intangible assets, accumulated amortization (849,716) (746,372)
Total amortizing intangible assets, net balance 1,906,105 2,009,449
Software and licenses    
Intangible Assets [Line Items]    
Total amortizing intangible assets, gross carrying amount 274,017 253,930
Total amortizing intangible assets, accumulated amortization (241,778) (234,947)
Total amortizing intangible assets, net balance 32,239 18,983
Website and mobile app development    
Intangible Assets [Line Items]    
Total amortizing intangible assets, gross carrying amount [1] 616,218 653,830
Total amortizing intangible assets, accumulated amortization [1] (444,502) (403,961)
Total amortizing intangible assets, impairment loss [1] (171,716)  
Total amortizing intangible assets, net balance [1]   249,869
Workforce    
Intangible Assets [Line Items]    
Total amortizing intangible assets, gross carrying amount [2] 305,693
Total amortizing intangible assets, accumulated amortization [2] (50,949)
Total amortizing intangible assets, net balance [2] $ 254,744
[1] Considering a new mobile app is being developed to be put into market in October, 2016, we determined that the future cash flows generated from the old mobile app was nil. In accordance with ASC 350, Intangibles - Goodwill and Other, recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to the estimated undiscounted future cash flows expected to be generated by the asset. We estimated the fair value of this intangible asset to be nil as of September 30, 2016. Impairment loss recognized from this intangible asset for the three months ended September 30, 2016 and 2015 is $172,000 and nil, respectively.
[2] On April 1, 2016, Wecast Network entered into an agreement with Mr. Liu Changsheng, under which Wecast Network agreed to pay Mr. Liu Changsheng cash consideration of $187,653 and 66,500 shares of restricted shares with a six month restriction period and a fair value of $121,695 in exchange for a workforce of 10 personnel experienced in programing content mobile apps. All 10 personnel enter into three year employment contracts with Wecast Network effective from April 1, 2016. The Company also acquired certain laptop and desktop computers with fair value of $3,655. According to the agreement, 30% of the cash consideration is due upon the signing of the agreement, 20% is due 2 months after the signing of the agreement and 50% is due 6 months after the signing of the agreement. Cash consideration of $93,825 has been paid as of September 30, 2016, and $93,828 was paid on October 31, 2016. If any of three key staff, as defined, terminated their employment with Wecast Network during the first 12 months of employment, Wecast Network has right to forfeit the unpaid cash consideration. In addition, Mr. Liu Changsheng would be required to pay a default penalty at minimal of $129,180.Wecast Network has accounted for the transaction as an asset acquisition in which Wecast Network mainly acquired a workforce, which is recognized as an intangible asset at cost. Subsequently, the workforce intangible is amortized over the employment term of three years. We recorded amortization expense related to our amortizing intangible assets of approximately $90,000 and $243,000 for the three and nine months ended September 30, 2016 and $52,000 and $137,000 for the three and nine months ended September 30, 2015 respectively, which included the amortization expense of the workforce acquired as stated above.