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Operations and reorganization (Tables) | 12 Months Ended
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Dec. 31, 2016
Operations and reorganization |
Schedule of the Company's major subsidiaries, VIE and VIE's subsidiary |
Company |  | Date of Incorporation |  | Place of Incorporation |  | Percentage of Direct/ Indirect Economic Interest |
Major Subsidiaries |  |  |  |  |  |  |
Weibo Hong Kong Limited (“Weibo HK”) |  | July 19, 2010 |  | Hong Kong |  | 100 | %
Weibo Internet Technology (China) Co., Ltd. (“Weibo Technology” or “the WFOE”) |  | October 11, 2010 |  | PRC |  | 100 | %
Major VIE and VIE’s subsidiary |  |  |  |  |  |  |
Beijing Weimeng Technology Co., Ltd (“Weimeng”) |  | August 9, 2010 |  | PRC |  | 100 | %
Beijing Weibo Interactive Internet Technology Co., Ltd. (‘‘Weibo Interactive’’) |  | Acquired in May 2013 |  | PRC |  | 100 | %
Schedule of total cost and expenses allocated from SINA |
|  | Year Ended December 31, |
|  | 2014 |  | 2015 |  | 2016 |
|  | (In thousands) |
Cost of revenues |  | $ | 1,124 |  | $ | 6,550 |  | $ | 11,022 |
Sales and marketing |  | 17,417 |  | 1,263 |  | 1,271 |
Product development |  | 17,238 |  | 12,981 |  | 9,094 |
General and administrative |  | 6,581 |  | 3,884 |  | 4,316 |
|  | $ | 42,360 |  | $ | 24,678 |  | $ | 25,703 |
Schedule of assets, liabilities, results of operations and cash flows of the VIE and the VIE's subsidiaries taken as a whole, including the Predecessor Operations |
|  | As of December 31, |
|  | 2015 |  | 2016 |
|  | (In thousands) |
Cash, cash equivalents and short-term Investments |  | $ | 129,154 |  | $ | 57,505 |
Accounts receivable |  | 120,937 |  | 115,338 |
Property and equipment, net |  | 1,277 |  | 357 |
Intangible assets |  | 1,966 |  | 1,100 |
Goodwill |  | 10,821 |  | 9,969 |
Prepayment for long-term investments |  | 1,660 |  | 144 |
Long-term investments |  | 38,104 |  | 49,195 |
Deferred tax assets |  | 1,493 |  | 2,312 |
Amount due from SINA |  | — |  | 12,163 |
Others |  | 26,838 |  | 28,247 |
Total assets |  | $ | 332,250 |  | $ | 276,330 |
Accounts payable |  | $ | 18,613 |  | $ | 25,850 |
Accrued and other liabilities |  | 47,487 |  | 64,879 |
Deferred revenues |  | 29,567 |  | 38,313 |
Income tax payable |  | 3,257 |  | 8,214 |
Amount due to SINA |  | 8,465 |  | — |
Amount due to the subsidiaries of the Group |  | 232,006 |  | 171,460 |
Deferred tax liability |  | 477 |  | 274 |
Total liabilities |  | $ | 339,872 |  | $ | 308,990 |
|  | Year Ended December 31, |
|  | 2014 |  | 2015 |  | 2016 |
|  | (In thousands) |
Net revenues |  | $ | 298,767 |  | $ | 391,568 |  | $ | 530,598 |
Net loss |  | $ | (6,351 | ) | $ | (10,572 | ) | $ | (21,758 | )
|  | Year Ended December 31, |
|  | 2014 |  | 2015 |  | 2016 |
|  | (In thousands) |
Net cash provided by operating activities |  | $ | 14,198 |  | $ | 158,290 |  | $ | (42,556 | )
Net cash used in investing activities |  | $ | (9,552 | ) | $ | (39,965 | ) | $ | (28,577 | )
Net cash used in financing activities |  | $ | (5,997 | ) | $ | — |  | $ | (1,148 | )
Net increase (decrease) in cash and cash equivalents |  | $ | (1,351 | ) | $ | 118,325 |  | $ | (72,281 | )

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- Definition Tabular disclosure of the significant judgments and assumptions made in determining whether a variable interest (as defined) held by the entity requires the variable interest entity (VIE) (as defined) to be consolidated and (or) disclose information about its involvement with the VIE, individually or in aggregate (as applicable); the nature of restrictions, if any, on the consolidated VIE's assets and on the settlement of its liabilities reported by an entity in its statement of financial position, including the carrying amounts of such assets and liabilities; the nature of, and changes in, the risks associated with involvement in the VIE; how involvement with the VIE affects the entity's financial position, financial performance, and cash flows; the lack of recourse if creditors (or beneficial interest holders) of the consolidated VIE have no recourse to the general credit of the primary beneficiary (if applicable); the terms of arrangements, giving consideration to both explicit arrangements and implicit variable interests, if any, that could require the entity to provide financial support to the VIE, including events or circumstances that could expose the entity to a loss; the methodology used by the entity for determining whether or not it is the primary beneficiary of the variable interest entity; the significant factors considered and judgments made in determining that the power to direct the activities of a VIE that most significantly impact the VIE's economic performance are shared (as defined); the carrying amounts and classification of assets and liabilities of the VIE included in the statement of financial position; the entity's maximum exposure to loss, if any, as a result of its involvement with the VIE, including how the maximum exposure is determined and significant sources of the entity's exposure to the VIE; a comparison of the carrying amounts of the assets and liabilities and the entity's maximum exposure to loss; information about any liquidity arrangements, guarantees, and (or) other commitments by third parties that may affect the fair value or risk of the entity's variable interest in the VIE; whether or not the entity has provided financial support or other support (explicitly or implicitly) to the VIE that it was not previously contractually required to provide or whether the entity intends to provide that support, including the type and amount of the support and the primary reasons for providing the support; and supplemental information the entity determines necessary to provide. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=64801991&loc=d3e5747-111685 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=64801991&loc=SL6228884-111685 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=64801991&loc=d3e5728-111685 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Variable Interest Entity -URI http://asc.fasb.org/extlink&oid=6528138 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 5A -URI http://asc.fasb.org/extlink&oid=64801991&loc=SL6759159-111685 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=64801991&loc=d3e5710-111685 + Details
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