| Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES: | ||||||||
Net income (loss) | ||||||||
6,981 | 132 | -27,158 | -30,264 | -22,730 | -35,579 | 11,777 | -65,290 | -225,704 |
Adjustments to reconcile net loss to net cash provided by (used in) operating activities: | ||||||||
Depreciation | ||||||||
628 | 1,208 | 2,202 | 2,654 | - | - | - | - | - |
Depreciation and amortization | ||||||||
- | - | - | - | 3,464 | 3,951 | 3,082 | 5,427 | 13,135 |
Amortization of deferred gain on sale-leaseback | ||||||||
- | - | - | - | - | - | 625 | 755 | - |
Gain on sale of investments and liquidation of ownership interest in a variable interest entity | ||||||||
- | - | - | - | - | - | - | - | -355 |
Net loss on divestitures | ||||||||
- | - | - | - | -1,307 | -16,239 | 4,546 | 5,548 | 100 |
Net loss (gain) on disposal of assets | ||||||||
- | 62 | -180 | -219 | -3,553 | -879 | 492 | -123 | 686 |
Gain on cumulative translation adjustment recognition from liquidation of subsidiaries | ||||||||
1,703 | 38 | - | -121 | 7,088 | 0 | - | - | - |
Gain on release of tax liability due to expiration of statute of limitations | ||||||||
1,409 | 3,272 | 7,747 | 992 | 1,240 | 0 | - | - | - |
Equity loss (gain) of associates | ||||||||
-687 | 984 | -13,954 | -8,878 | -9,586 | 0 | - | - | - |
Investment impairment | ||||||||
1,690 | 5,336 | 16,347 | 3,947 | 9,400 | 3,043 | 476 | - | - |
Gain on sale of short- term investment | ||||||||
- | - | - | - | 0 | - | - | - | - |
Gain on sale of short- term investment | ||||||||
- | 83 | 1,529 | - | - | - | - | 481 | - |
Impairment of long lived assets and long term investments | ||||||||
- | - | - | - | - | - | - | - | 33,325 |
Impairment of equity investments and variable interest entity | ||||||||
- | - | - | - | - | - | - | - | 6,456 |
Stock-based compensation expense | ||||||||
866 | 2,238 | 1,546 | 2,289 | 1,698 | 2,981 | 3,029 | 7,602 | 12,094 |
Provision for (recovery of) doubtful accounts receivable | ||||||||
- | - | - | - | -75 | -1,154 | - | - | - |
Loan impairment (recovery), net | ||||||||
- | - | - | - | 0 | 0 | - | - | - |
Provision for doubtful accounts receivable | ||||||||
4 | 1,564 | 79 | 49 | - | - | 2,212 | 5,513 | -6,757 |
Loan recovery, net | ||||||||
- | - | -538 | 2,788 | - | - | - | - | - |
Deferred income taxes | ||||||||
-1,092 | 771 | 1,030 | -424 | -380 | -2,211 | 345 | 2,008 | - |
Changes in operating assets and liabilities | ||||||||
Deferred income taxes | ||||||||
- | - | - | - | - | - | - | - | 904 |
Accounts receivable | ||||||||
-1,413 | 1,966 | 1,491 | -6,332 | 14,058 | -664 | -8,080 | -3,793 | -123,314 |
Inventories and deferred costs | ||||||||
-1,212 | 190 | -35,973 | -36,859 | -45,875 | 4,231 | -94,916 | -103,574 | -72,816 |
Prepaids and other assets | ||||||||
7,280 | -2,821 | -1,558 | 772 | - | - | - | - | - |
Other assets | ||||||||
- | - | - | - | -6,058 | -17,455 | -11,261 | -2,366 | -83,050 |
Accounts payable | ||||||||
5,183 | 7,393 | -12,233 | 6,415 | 7,110 | 9,506 | -4,857 | -28,036 | -127,702 |
Income taxes payable | ||||||||
-26 | -751 | 3,369 | -3,390 | 110 | 6,393 | 3,102 | -2,933 | -1,665 |
Customer advances | ||||||||
-7,218 | -1,054 | -17,352 | -25,759 | -12,005 | 9,749 | 1,488 | -40,910 | -29,154 |
Deferred revenue | ||||||||
-3,172 | -10,556 | -18,610 | -18,788 | -29,524 | -37,760 | -132,575 | -27,792 | 4,177 |
Other liabilities | ||||||||
7,074 | 3,225 | -1,216 | -5,774 | -2,976 | -15,543 | -38,390 | -50,843 | -24,596 |
Net cash provided by (used in) operating activities | ||||||||
3,838 | 5,732 | -11,636 | -15,612 | - | - | - | - | - |
Net cash used in operating activities | ||||||||
- | - | - | - | -1,915 | -25,618 | -41,717 | -92,182 | -67,448 |
CASH FLOWS FROM INVESTING ACTIVITIES: | ||||||||
Additions to property, plant and equipment | ||||||||
732 | 1,527 | 917 | 1,298 | 3,766 | 5,445 | 9,347 | 3,449 | 2,012 |
Purchase of intangible assets | ||||||||
- | - | - | - | - | 54 | - | - | - |
Payment on divestitures | ||||||||
- | - | - | 804 | 2,369 | 0 | - | - | - |
Net proceeds from sales of property, plant and equipment | ||||||||
- | 85 | - | - | - | - | - | - | - |
Proceeds from sale of building, net of tax payments | ||||||||
- | - | - | - | - | - | - | 123,955 | - |
Deposit received on sale of building | ||||||||
- | - | - | - | - | - | - | - | 7,307 |
Net proceeds from divestitures | ||||||||
- | - | - | - | 2,000 | 220 | 215 | 3,381 | 11,508 |
Payment for the non-controlling interest on the liquidation of a subsidiary | ||||||||
- | - | - | - | 898 | 0 | - | - | - |
Proceeds from settlement of an investment interest, net | ||||||||
- | - | - | - | 569 | 0 | - | 481 | 2,639 |
Change in restricted cash | ||||||||
6,219 | -1,322 | -707 | 3,526 | -2,209 | 1,129 | -5,478 | -13,260 | 1,973 |
Contribution of equity investment through a shareholder loan | ||||||||
- | - | - | - | - | - | 7,119 | - | - |
Purchase of short-term investments | ||||||||
3,164 | - | - | - | 81 | 2,267 | 8,365 | 12,583 | 6,945 |
Purchase of investments | ||||||||
481 | 300 | 1,670 | 1,080 | 26,592 | 15,602 | 1,181 | 2,702 | - |
Proceeds from sale of investments | ||||||||
500 | 7,683 | 16,228 | 932 | 0 | 0 | - | - | - |
Proceeds from sale of short-term investments | ||||||||
- | - | 3,076 | - | 379 | 4,300 | 9,039 | 10,815 | 10,159 |
Net cash provided by (used in) investing activities | ||||||||
-10,096 | 7,263 | 17,424 | -5,776 | - | - | - | - | - |
Cash decrease due to deconsolidation of a subsidiary | ||||||||
- | - | - | - | - | 6,841 | - | - | - |
Payment on divestiture of IPTV business and investment in IPTV convertible bond | ||||||||
- | - | - | - | 503 | 56,010 | - | - | - |
Other | ||||||||
- | - | - | - | -162 | -80 | -519 | -335 | -635 |
Net cash provided by (used in) investing activities | ||||||||
- | - | - | - | -28,890 | -82,748 | -10,761 | 133,493 | 21,318 |
CASH FLOWS FROM FINANCING ACTIVITIES: | ||||||||
Issuance of ordinary shares, net of issuance cost | ||||||||
- | - | - | - | - | - | - | 34,594 | - |
Proceeds from exercise of stock options | ||||||||
113 | - | 39 | 5,340 | 0 | 0 | 124 | - | 367 |
Acquisition of non-controlling interests | ||||||||
- | -304 | - | - | - | - | - | - | - |
Change in bank overdrafts | ||||||||
- | - | - | - | - | - | - | - | -755 |
Repurchase of ordinary shares | ||||||||
140 | 4,096 | 3,695 | 10,308 | 30,680 | 8,842 | 6,301 | 67 | - |
Net cash used in financing activities | ||||||||
-27 | -4,400 | -3,656 | -4,968 | - | - | - | - | - |
Net cash used in financing activities | ||||||||
- | - | - | - | -30,680 | -8,842 | -6,177 | 34,527 | -388 |
Effect of exchange rate changes on cash and cash equivalents | ||||||||
2,112 | -1,723 | -2,906 | -3,593 | -10,326 | -4,834 | 8,774 | 9,826 | 2,758 |
Net increase (decrease) in cash and cash equivalents | ||||||||
-4,173 | 6,872 | -774 | -29,949 | -71,811 | -122,042 | - | - | - |
Net decrease in cash and cash equivalents | ||||||||
- | - | - | - | - | - | -49,881 | 85,664 | -43,760 |
Supplemental disclosure of cash flow information: | ||||||||
Cash paid (Recovered): | ||||||||
Interest | ||||||||
47 | 55 | 76 | 88 | - | - | - | - | - |
Income taxes | ||||||||
2,012 | 3,311 | -363 | 5,100 | - | - | - | - | - |
Interest | ||||||||
- | - | - | - | 151 | 240 | 252 | 279 | 552 |
Income taxes | ||||||||
- | - | - | - | 1,600 | - | - | - | - |
Income taxes | ||||||||
- | - | - | - | - | 3,000 | 530 | 6,395 | 9,243 |
Purchase UiTV convertible bond through converting of outstanding receivables | ||||||||
- | - | - | - | 7,114 | 0 | - | - | - |
Non-cash operating activities Accounts receivable transferred to notes receivable | ||||||||
- | - | - | - | - | - | - | 580 | 2,867 |
Issuance of ordinary shares for acquisition of iTV | ||||||||
- | - | - | - | - | - | - | 9,841 | - |
Repurchase of ordinary shares from UiTV shareholder | ||||||||
- | - | - | - | - | 5,278 | - | - | - |
Net assets acquired, other than cash, from acquisition of iTV | ||||||||
- | - | - | - | - | - | - | 17,380 | - |
Accrual for purchase of property, plant and equipment | ||||||||
- | - | - | 13 | 530 | 1,911 | -2,475 | - | - |
Purchase UiTV convertible bond through converting of outstanding receivables | ||||||||
- | - | - | - | -7,114 | 0 | - | - | - |
Disposal of short-term investments through exchange of equity investment | ||||||||
- | - | - | 1,826 | 0 | 0 | - | - | - |
Acquisition of short-term investments through exchange of equity investment | ||||||||
- | - | - | 1,826 | 0 | 0 | - | - | - |