| Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | ||
|---|---|---|---|---|---|---|
Cash flows from operating activities | ||||||
Net income | ||||||
9,115 | 8,277 | 4,774 | - | - | ||
Net income | ||||||
- | - | - | 1,782 | 2,949 | ||
Adjustments to reconcile net income to net cash provided by operating activities: | ||||||
Depreciation | ||||||
1,852 | 1,542 | 1,340 | 1,342 | - | ||
Depreciation | ||||||
- | - | - | - | 1,145 | ||
Allowance for doubtful accounts | ||||||
429 | 805 | 0 | 145 | 23 | ||
Loss on disposal of property and equipment | ||||||
-2 | 0 | 0 | 11 | 0 | ||
Deferred income taxes | ||||||
-230 | -84 | -172 | 109 | 215 | ||
Changes in assets and liabilities: | ||||||
Accounts receivable | ||||||
9,269 | 5,561 | 2,499 | 3,251 | 2,008 | ||
Accounts receivable - related party | ||||||
- | - | - | 11 | -318 | ||
Due from related parties, net | ||||||
0 | 0 | 114 | -468 | 2 | ||
Due to related parties | ||||||
0 | 0 | -2 | 3 | 0 | ||
Prepayments | ||||||
1,313 | 767 | 447 | 489 | 88 | ||
Other current assets | ||||||
-25 | 63 | -191 | 234 | 287 | ||
Accounts payable | ||||||
-505 | 193 | 113 | 18 | -70 | ||
Accounts payable - related parties | ||||||
-88 | 25 | 0 | 0 | - | ||
Wages payable | ||||||
2,393 | 277 | 908 | 267 | 548 | ||
Income taxes payable | ||||||
-386 | -67 | 586 | 106 | 361 | ||
Deferred revenue | ||||||
-38 | 634 | 0 | 0 | - | ||
Accrued liabilities and other payables | ||||||
1,016 | 454 | 1,277 | 250 | 726 | ||
Net cash provided by operating activities | ||||||
3,002 | 5,666 | 5,956 | 495 | 3,831 | ||
Cash flows from investing activities | ||||||
Purchase of property and equipment | ||||||
2,082 | 478 | 1,614 | 965 | 600 | ||
Change of restricted cash | ||||||
-500 | 0 | 500 | 0 | 0 | ||
Proceeds from sale of property and equipment | ||||||
0 | 0 | 0 | 14 | 0 | ||
Payments for cost method investments | ||||||
3,509 | 0 | 0 | - | - | ||
Loan to third party | ||||||
0 | -563 | 0 | -132 | -1,146 | ||
Repayments from third party | ||||||
233 | 0 | 0 | 130 | 0 | ||
Advances to related parties | ||||||
-7 | -18 | -930 | -1,986 | -2,555 | ||
Repayments from related parties | ||||||
0 | 40 | 1,095 | 1,633 | 3,864 | ||
Net cash used in investing activities | ||||||
-4,865 | -1,020 | -1,950 | -1,306 | -438 | ||
Cash flows from financing activities | ||||||
Proceeds from issuances of common shares | ||||||
0 | 0 | 8,497 | 1,174 | 0 | ||
Contribution from noncontrolling investor in subsidiary | ||||||
353 | 0 | 0 | - | - | ||
Repayments to related parties | ||||||
473 | 0 | 0 | - | - | ||
Borrowings of short term loan | ||||||
3,780 | 0 | 3,800 | - | - | ||
Capital contribution | ||||||
- | - | - | 3,340 | 0 | ||
Distribution of capital to owners | ||||||
- | - | - | - | 3,182 | ||
Proceeds from related parties | ||||||
- | - | - | 32 | 3,517 | ||
Repayment to related parties | ||||||
- | - | - | 3,749 | 9 | ||
Borrowings from short term loan | ||||||
- | - | - | 7,386 | 10,452 | ||
Repayments of short term loans | ||||||
0 | 1,510 | 7,478 | 8,001 | 10,775 | ||
Net cash provided (used in) by financing activities | ||||||
3,660 | -1,510 | 4,818 | 182 | 3 | ||
Effect of exchange rate changes on cash and cash equivalents | ||||||
884 | -811 | -298 | 11 | 100 | ||
Net change in cash and cash equivalents | ||||||
2,681 | 2,323 | 8,526 | -617 | 3,496 | ||
Supplemental cash flow information | ||||||
Interest paid | ||||||
1 | 50 | 278 | - | - | ||
Interest paid | ||||||
- | - | - | 552 | 468 | ||
Income taxes paid | ||||||
1,767 | 1,558 | 915 | 490 | 17 | ||
Non-cash investing and financing activities | ||||||
Transfer from prepayments to property and equipment | ||||||
866 | 932 | 405 | 289 | 232 | ||
Liabilities assumed in connection with purchase of property and equipment | ||||||
252 | 672 | 23 | 68 | 703 | ||
Property and equipment paid by related party | ||||||
15 | 0 | 0 | - | - | ||
Short term loan reclassified to due to related party | ||||||
0 | 203 | 0 | 0 | - | ||
Advance to related party settled through service provided | ||||||
52 | 0 | 0 | - | - | ||
Settlement of notes receivable from a third party | ||||||
328 | - | - | - | - | ||
Operating expenses paid by related party | ||||||
0 | 107 | 0 | 0 | - | ||