XML 14 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
 12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
CASH FLOWS FROM OPERATING ACTIVITIES      
Net loss $ (13,459) $ (46,639) $ (22,649)
Adjustments to reconcile net income to net cash used in operating activities:      
Depreciation and amortization of property and equipment 385 404 399
Amortization of intangible assets 1,329 1,737 2,015
Share-based compensation 894 2,398 411
Increase in fair value of note warrant liability     (824)
Deferred tax expenses / (benefit) (1,087) (817) 825
Change of fair value of acquisition consideration payable (10,681)    
Gain on extinguishment of consideration payable (4,340)    
Gain on termination of VIEs (9,551)    
Loss / (gain) on extinguishment of the notes     (6,669)
Loss on impairment of goodwill 27,927 39,411 15,749
Loss on impairment of intangible assets 2,723    
Loss on disposals of fixed assets   4 15
Bad debt provision on prepaid expenses and other current assets 832 1,006  
Bad debt provision on accounts receivables 2,073 780 1,611
(Increase) / decrease in assets:      
Accounts receivable (1,379) (5,645) (4,434)
Prepaid expenses and other current assets (3,941) (4,331) 1,737
Amounts due to/from related parties (2,106) 1,882 417
Increase / (decrease) in liabilities:      
Accounts payable 5,114 4,882 1,603
Accrued expenses and other payables 2,420 2,034 (1,462)
Amounts due to/from related parties (1,558) 1,612 (252)
Deferred revenue 224 579 (293)
Income taxes payable 1,329 2,373 3,026
Net cash provided by/ (used in) operating activities (2,852) 1,670 (8,775)
CASH FLOWS FROM INVESTING ACTIVITIES      
Purchase of property and equipment (47) (140) (150)
Proceeds from disposals of property and equipment 3 3 244
Cash disposed upon the termination of VIEs (120)    
Cash paid for acquisitions, net of cash acquired (738) (20,015) (40,687)
Net cash used in investing activities (902) (20,152) (40,593)
CASH FLOWS FROM FINANCING ACTIVITIES      
Decrease in restricted bank deposit 10 259 87
Proceeds from short-term borrowings 1,346 768 688
Repayment of short-term borrowings (747) (693) (1,855)
Proceeds from issuance of convertible promissory notes and warrants     3,672
Proceeds from exercise of options 2 9  
Issue of options   1  
Repayment of promissory note     (5,000)
Repurchase of warrants   (3,809)  
Cash from Ideation upon business combination     76,073
Net cash provided by/ (used in) financing activities 611 (3,465) 73,665
Foreign currency translation adjustment 219 103 5
Net increase / (decrease) in cash and cash equivalents (2,924) (21,844) 24,302
Cash and cash equivalents at beginning of year 7,554 29,398 5,096
Cash and cash equivalents at end of year 4,630 7,554 29,398
SUPPLEMENTAL DISCLOSURE INFORMATION      
Cash paid for interest 89 45 2,477
Income Taxes Paid 314 465 381
Non-cash investing transactions:      
Acquisition consideration payable 15,891 39,195 16,381
Payable in connection with purchase of property and equipment   $ 3