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Intangible assets, net
12 Months Ended
Dec. 31, 2019
Intangible assets, net  
Intangible assets, net

12.            Intangible assets, net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2018

 

December 31, 2019

 

 

 

 

 

 

 

 

Net book 

 

 

 

 

 

 

 

Net book 

(In thousands)

    

Cost

    

Amortization

    

Impairment

    

value

    

Cost

    

Amortization

    

Impairment

    

value

Land use rights

 

4,847

 

(872)

 

 —

 

3,975

 

4,769

 

(1,017)

 

 —

 

3,752

Acquired computer software

 

2,099

 

(1,546)

 

 —

 

553

 

2,391

 

(1,433)

 

 —

 

958

Online game licenses

 

6,007

 

(5,278)

 

(729)

 

 —

 

5,910

 

(5,193)

 

(717)

 

Audio-visual licenses

 

5,714

 

(251)

 

 —

 

5,463

 

5,621

 

(905)

 

 

4,716

 

 

18,667

 

(7,947)

 

(729)

 

9,991

 

18,691

 

(8,548)

 

(717)

 

9,426

 

Amortization expense recognized for the years ended December 31, 2017, 2018 and 2019 are summarized as follows:

 

 

 

 

 

 

 

 

 

Years ended December 31

(In thousands)

    

2017

    

2018

    

2019

Cost of revenues

 

241

 

266

 

 5

General and administrative expenses

 

415

 

721

 

1,136

Research and development expenses

 

1,445

 

244

 

59

Total

 

2,101

 

1,231

 

1,200

 

The estimated aggregate amortization expense for each of the next five years as of December 31, 2019 is:

 

 

 

(In thousands)

    

Intangible assets

2020

 

1,186

2021

 

1,010

2022

 

976

2023

 

963

2024 and thereafter

 

5,291

 

The weighted average amortization periods of intangible assets as at December 31, 2018 and 2019 are as below:

 

 

 

 

 

(In year)

    

December 31, 2018

    

December 31, 2019

Land use right

 

30

 

30

Acquired computer software

 

 5

 

5

Online game licenses

 

 3

 

3

Audio-visual license

 

 9

 

9

Total weighted average amortization periods

 

12

 

12