XML 29 R17.htm IDEA: XBRL DOCUMENT v2.4.0.6
Note 12 - Intangible assets, net
3 Months Ended
Mar. 31, 2012
Intangible Assets Disclosure [Text Block]
12.  
Intangible assets, net

   
March 31,
2012
   
December 31,
2011
 
   
US$(’000)
   
US$(’000)
 
   
(Unaudited)
       
             
Intangible assets not subject to amortization:
           
Trade name
    308       306  
Domain name
    1,527       1,518  
Intangible assets subject to amortization:
               
Contract backlog
    196       195  
    Customer relationship
    3,429       3,408  
    Non-compete agreements
    1,357       1,348  
Software technologies
    324       322  
Cloud-computing based software platforms
    1,468       1,458  
Other computer software
    76       75  
Intangible assets, cost
    8,685       8,630  
Less: accumulated amortization
    (744 )     (479 )
Intangible assets, net
    7,941       8,151  

Amortization expenses in aggregate for the three months ended March 31, 2012 and 2011 were approximately US$262,000 and US$66,000, respectively.

Based on the carrying value of the finite-lived intangible assets recorded as of March 31, 2012, and assuming no subsequent impairment of the underlying intangible assets, the estimated future amortization expenses is approximately US$765,000 for the nine months ended December 31, 2012, approximately US$1,020,000 per year through December 31, 2015 and approximately US$981,000 for the year ended December 31, 2016.