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Note 10 - Intangible Assets, Net
3 Months Ended
Mar. 31, 2019
Notes to Financial Statements  
Intangible Assets Disclosure [Text Block]
10.
Intangible assets, net
 
    As of March 31, 2019 (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    
1,435
     
-
     
(1,435
)    
-
 
Intangible assets subject to amortization:                                
Customer relationship    
1,979
     
(1,979
)    
-
     
-
 
Non-compete agreements    
1,089
     
(592
)    
(497
)    
-
 
Software technologies    
304
     
(304
)    
-
     
-
 
Cloud compute software technology    
1,378
     
(917
)    
(423
)    
38
 
Intelligent marketing data service platform    
4,795
     
(1,942
)    
(2,853
)    
-
 
Internet safety, information exchange security and data encryption software    
1,931
     
(435
)    
(1,496
)    
-
 
Cloud video management system    
1,411
     
(350
)    
(1,061
)    
-
 
Other computer software    
116
     
(113
)    
-
     
3
 
Total   $
14,438
    $
(6,632
)   $
(7,765
)   $
41
 
 
    As of December 31, 2018
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    
1,408
     
-
     
(1,408
)    
-
 
Intangible assets subject to amortization:                                
Customer relationship    
1,941
     
(1,941
)    
-
     
-
 
Non-compete agreements    
1,068
     
(580
)    
(488
)    
-
 
Software technologies    
299
     
(299
)    
-
     
-
 
Cloud compute software technology    
1,353
     
(896
)    
(415
)    
42
 
Intelligent marketing data service platform    
4,705
     
(1,906
)    
(2,799
)    
-
 
Internet safety, information exchange security and data encryption software    
1,894
     
(426
)    
(1,468
)    
-
 
Cloud video management system    
1,383
     
(343
)    
(1,040
)    
-
 
Other computer software    
114
     
(111
)    
-
     
3
 
Total   $
14,165
    $
(6,502
)   $
(7,618
)   $
45
 
 
Amortization expenses for the
three
months ended
March 31, 2019
and
2018
were approximately
US$5,000
and
US$168,000,
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
2.23
years as of
March 31, 2019,
and assuming
no
further subsequent impairment of the underlying intangible assets, the estimated future amortization expenses is approximately
US$14,000
for the year ending
December 31, 2019,
approximately
US$19,000
for the year ending
December 31, 2020
and approximately
US$9,000
for the year ending
December 31, 2021.