v2.4.0.6
INCOME TAXES (Tables)
12 Months Ended
Dec. 31, 2012
INCOME TAXES [Abstract]  
Schedule of Income before Income Taxes
    Year ended December 31,  
    2010     2011     2012  
                   
Domestic   $ (3,593 )   $ (3,659 )   $ (3,182 )
Foreign     4,650       8,661       1,703  
    $ 1,057     $ 5,002     $ (1,479 )

 

Schedule of Income Tax Expense

 

    Year ended December 31,  
    2010     2011     2012  
                   
Current tax   $ 3     $ 451     $ 318  
Deferred tax     419       428       454  
    $ 422     $ 879     $ 772  

 

Schedule of Deferred Tax Assets and Liabilities
    At December 31,  
    2011     2012  
Expenditures deductible for tax purpose in future years                
- Accrued legal and professional fees   $ 31     $ 28  
- Accrued bonus     279       261  
- Other     56       172  
Tax losses     1,912       3,535  
Depreciation and amortization     91       123  
Total deferred tax assets   $ 2,369     $ 4,119  
Valuation allowance     (1,912 )     (3,535 )
Deferred tax assets     457       584  
                 
Interest income taxable for tax purpose in future years     (295 )     (534 )
Deferred tax liability arising from withholding tax on undistributed profits     (2,840 )     (3,189 )
Total deferred tax liabilities     (3,135 )     (3,723 )
Deferred tax liabilities, net   $ (2,678 )   $ (3,139 )

 

Schedule of Deferred Tax Balances
    At December 31,  
    2011     2012  
Deferred tax assets                
Current   $ 430     $ 504  
Non-current     27       80  
    $ 457     $ 584  
Deferred tax liabilities                
Current   $ (295 )   $ (534 )
Non-current     (2,840 )     (3,189 )
      (3,135 )     (3,723 )
Deferred tax liabilities, net   $ (2,678 )   $ (3,139 )

 

Schedule of Valuation Allowance on Deferred Assets
    2010     2011     2012  
                   
At the beginning of the year   $ 660     $ 1,002     $ 1,912  
Change for the year     342       910       1,623  
At the end of the year   $ 1,002     $ 1,912     $ 3,535  

 

Schedule of Effective Income Tax Rate Reconciliation
    Year ended December 31,  
    2010     2011     2012  
                   
PRC tax rate     25 %     25 %     25 %
Tax provision (credit) at PRC enterprise income tax rate   $ 264     $ 1,251     $ (370 )
Expenses not deductible for tax purpose     260       717       1,224  
Share-based compensation not deductible for tax purpose     1,532       420       366  
Income not taxable for tax purposes     (981 )     (706 )     (599 )
Net change in valuation allowance     342       910       1,623  
Effect of tax exemption and preferential income tax rate granted to PRC subsidiaries     (473 )     (1,081 )     (911 )
Effect of the different income tax rates in other jurisdictions     (145 )     (34 )     21  
Effect of withholding tax on undistributed earnings     229       554       349  
Effect of withholding tax on American Depository Shares ("ADS") reimbursement income     -       150       150  
Utilization of tax loss previously not recognized     (341 )     (1,053 )     (979 )
Overprovision in prior year     (264 )     (236 )     (81 )
Others     (1 )     (13 )     (21 )
Income tax expense   $ 422     $ 879     $ 772