|
INCOME TAXES (Tables)
|
12 Months Ended |
|
Dec. 31, 2014
|
| INCOME TAXES [Abstract] |
|
| Schedule of Income before Income Taxes |
| |
|
|
Year ended December 31, |
|
| |
|
|
2012 |
|
|
2013 |
|
|
2014 |
|
| |
|
|
|
|
|
|
|
|
|
|
| |
Domestic |
|
$ |
(3,182 |
) |
|
$ |
(522 |
) |
|
$ |
(40,612 |
) |
| |
Foreign |
|
|
1,703 |
|
|
|
1,311 |
|
|
|
7,887 |
|
| |
|
|
$ |
(1,479 |
) |
|
$ |
789 |
|
|
$ |
(32,725 |
) |
|
| Schedule of Income Tax Expense |
| |
|
|
Year ended December 31, |
|
| |
|
|
2012 |
|
|
2013 |
|
|
2014 |
|
| |
|
|
|
|
|
|
|
|
|
|
| |
Current tax |
|
$ |
318 |
|
|
$ |
124 |
|
|
$ |
1,780 |
|
| |
Deferred tax |
|
|
454 |
|
|
|
279 |
|
|
|
(3,576 |
) |
| |
|
|
$ |
772 |
|
|
$ |
403 |
|
|
$ |
(1,796 |
) |
|
| Schedule of Deferred Tax Assets and Liabilities |
| |
|
|
At December 31, |
|
| |
|
|
2013 |
|
|
2014 |
|
| |
Expenditures deductible for tax purpose in future years |
|
|
|
|
|
|
|
|
| |
- Accrued legal and professional fees |
|
$ |
30 |
|
|
$ |
14 |
|
| |
- Accrued bonus |
|
|
165 |
|
|
|
56 |
|
| |
- Other |
|
|
238 |
|
|
|
1,098 |
|
| |
Tax losses |
|
|
5,217 |
|
|
|
9,516 |
|
| |
Depreciation and amortization |
|
|
82 |
|
|
|
64 |
|
| |
Total deferred tax assets |
|
$ |
5,732 |
|
|
$ |
10,748 |
|
| |
Valuation allowance |
|
|
(5,217 |
) |
|
|
(9,516 |
) |
| |
Deferred tax assets |
|
|
515 |
|
|
|
1,232 |
|
| |
|
|
|
|
|
|
|
|
|
| |
Interest income taxable for tax purpose in future years |
|
|
(343 |
) |
|
|
(160 |
) |
| |
Deferred tax liability arising from withholding tax on undistributed profits |
|
|
(3,589 |
) |
|
|
(919 |
) |
| |
Total deferred tax liabilities |
|
|
(3,932 |
) |
|
|
(1,079 |
) |
| |
Deferred tax (liabilities) assets, net |
|
$ |
(3,417 |
) |
|
$ |
153 |
|
|
| Schedule of Deferred Tax Balances |
| |
|
|
At December 31, |
|
| |
|
|
2013 |
|
|
2014 |
|
| |
Deferred tax assets |
|
|
|
|
|
|
|
|
| |
Current |
|
$ |
416 |
|
|
$ |
1,179 |
|
| |
Non-current |
|
|
99 |
|
|
|
53 |
|
| |
|
|
$ |
515 |
|
|
$ |
1,232 |
|
| |
Deferred tax liabilities |
|
|
|
|
|
|
|
|
| |
Current |
|
$ |
(343 |
) |
|
$ |
(160 |
) |
| |
Non-current |
|
|
(3,589 |
) |
|
|
(919 |
) |
| |
|
|
|
(3,932 |
) |
|
|
(1,079 |
) |
| |
Deferred tax (liabilities) assets, net |
|
$ |
(3,417 |
) |
|
$ |
153 |
|
|
| Schedule of Valuation Allowance on Deferred Assets |
| |
|
|
2012 |
|
|
2013 |
|
|
2014 |
|
| |
|
|
|
|
|
|
|
|
|
|
| |
At the beginning of the year |
|
$ |
1,912 |
|
|
$ |
3,535 |
|
|
$ |
5,217 |
|
| |
Change for the year |
|
|
1,623 |
|
|
|
1,682 |
|
|
|
4,299 |
|
| |
At the end of the year |
|
$ |
3,535 |
|
|
$ |
5,217 |
|
|
$ |
9,516 |
|
|
| Schedule of Effective Income Tax Rate Reconciliation |
| |
|
Year ended December 31, |
|
| |
|
2012 |
|
|
2013 |
|
|
2014 |
|
| |
|
|
|
|
|
|
|
|
|
| PRC tax rate |
|
|
25 |
% |
|
|
25 |
% |
|
|
25 |
% |
| Tax (credit) provision at PRC enterprise income tax rate |
|
$ |
(370 |
) |
|
$ |
197 |
|
|
$ |
(8,181 |
) |
| Expenses not deductible for tax purpose |
|
|
1,224 |
|
|
|
403 |
|
|
|
3,701 |
|
| Share-based compensation not deductible for tax purpose |
|
|
366 |
|
|
|
123 |
|
|
|
11 |
|
| Income not taxable for tax purposes |
|
|
(599 |
) |
|
|
(1,005 |
) |
|
|
(5,146 |
) |
| Net change in valuation allowance |
|
|
1,623 |
|
|
|
1,682 |
|
|
|
4,299 |
|
| Effect of tax exemption and preferential income tax rate granted to PRC subsidiaries |
|
|
(911 |
) |
|
|
(930 |
) |
|
|
3,857 |
|
| Effect of the different income tax rates in other jurisdictions |
|
|
21 |
|
|
|
204 |
|
|
|
301 |
|
| Effect of withholding tax on undistributed earnings |
|
|
349 |
|
|
|
400 |
|
|
|
(762 |
) |
| Effect of withholding tax on American Depository Shares ("ADS") reimbursement income |
|
|
150 |
|
|
|
- |
|
|
|
- |
|
| Utilization of tax loss previously not recognized |
|
|
(979 |
) |
|
|
(685 |
) |
|
|
- |
|
| Overprovision in prior year |
|
|
(81 |
) |
|
|
(78 |
) |
|
|
(90 |
) |
| Others |
|
|
(21 |
) |
|
|
92 |
|
|
|
214 |
|
| Income tax expense |
|
$ |
772 |
|
|
$ |
403 |
|
|
$ |
(1,796 |
) |
|