SEC Info - Airnet Technology Inc. - ‘20-F’ for 12/31/14

Annual Report by a Foreign Non-Canadian Issuer — Form 20-F — Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 20-F        Annual Report by a Foreign Non-Canadian Issuer      HTML   1.34M 
 2: EX-4.24     Instrument Defining the Rights of Security Holders  HTML     37K 
 3: EX-4.28     Instrument Defining the Rights of Security Holders  HTML     37K 
 4: EX-4.56     Instrument Defining the Rights of Security Holders  HTML     50K 
 5: EX-8.1      Opinion of Counsel re: Tax Matters                  HTML     40K 
 8: EX-13.1     Annual or Quarterly Report to Security Holders      HTML     35K 
 9: EX-13.2     Annual or Quarterly Report to Security Holders      HTML     35K 
 6: EX-12.1     Statement re: Computation of Ratios                 HTML     39K 
 7: EX-12.2     Statement re: Computation of Ratios                 HTML     39K 
10: EX-15.1     Letter re: Unaudited Interim Financial Information  HTML     35K 
11: EX-15.2     Letter re: Unaudited Interim Financial Information  HTML     36K 
12: EX-15.3     Letter re: Unaudited Interim Financial Information  HTML     35K 
123: R1          Document and Entity Information                     HTML     60K  
78: R2          Consolidated Balance Sheets                         HTML    189K 
74: R3          Consolidated Balance Sheets (Parenthetical)         HTML     88K 
27: R4          Consolidated Statements of Operations               HTML    126K 
76: R5          Consolidated Statements of Operations               HTML     42K 
                (Parenthetical)                                                  
55: R6          Consolidated Statements of Comprehensive Loss       HTML     57K 
102: R7          Consolidated Statements of Changes in Equity        HTML    137K  
57: R8          Consolidated Statements of Cash Flows               HTML    221K 
60: R9          Consolidated Statements of Cash Flows               HTML     40K 
                (Parenthetical)                                                  
28: R10         Organization and Principal Activities               HTML    206K 
58: R11         Summary of Significant Accounting Policies          HTML    152K 
101: R12         Segment Information and Revenue Analysis            HTML     72K  
92: R13         Short-Term Investments                              HTML     38K 
75: R14         Long-Term Investments                               HTML     98K 
117: R15         Accounts Receivable, Net                            HTML     75K  
98: R16         Other Current Assets                                HTML     64K 
24: R17         Assets Held for Sale                                HTML     42K 
32: R18         Other Non-Current Assets                            HTML     40K 
116: R19         Long-Term Deposits                                  HTML     46K  
120: R20         Acquired Intangible Assets, Net                     HTML    104K  
125: R21         Goodwill                                            HTML     38K  
119: R22         Property and Equipment, Net                         HTML     62K  
83: R23         Prepaid Equipment Cost                              HTML     40K 
29: R24         Accrued Expenses and Other Current Liabilities      HTML     61K 
54: R25         Short-Term Loan                                     HTML     41K 
39: R26         Income Taxes                                        HTML    153K 
38: R27         Net Loss Per Share                                  HTML     65K 
62: R28         Share Based Payments                                HTML    121K 
82: R29         Fair Value Measurement                              HTML     45K 
95: R30         Share Repurchase Plan                               HTML     38K 
45: R31         Mainland China Contribution Plan                    HTML     40K 
63: R32         Statutory Reserves                                  HTML     39K 
108: R33         Restricted Net Assets                               HTML     39K  
42: R34         Commitments                                         HTML     61K 
90: R35         Contingent Liabilities                              HTML     46K 
91: R36         Related Party Transactions                          HTML    106K 
66: R37         Subsequent Events                                   HTML     46K 
37: R38         Additional Information-Financial Statement          HTML    403K 
                Schedule I Financial Information of Parent Company               
89: R39         Summary of Significant Accounting Policies          HTML    235K 
                (Policies)                                                       
43: R40         Organization and Principal Activities (Tables)      HTML    187K 
61: R41         Summary of Significant Accounting Policies          HTML     61K 
                (Tables)                                                         
96: R42         Segment Information and Revenue Analysis (Tables)   HTML     64K 
49: R43         Long-Term Investments (Tables)                      HTML     94K 
85: R44         Accounts Receivable, Net (Tables)                   HTML     73K 
73: R45         Other Current Assets (Tables)                       HTML     63K 
41: R46         Long-Term Deposits (Tables)                         HTML     44K 
105: R47         Acquired Intangible Assets, Net (Tables)            HTML    100K  
34: R48         Property and Equipment, Net (Tables)                HTML     59K 
44: R49         Accrued Expenses and Other Current Liabilities      HTML     59K 
                (Tables)                                                         
72: R50         Income Taxes (Tables)                               HTML    144K 
79: R51         Net Loss Per Share (Tables)                         HTML     62K 
104: R52         Share Based Payments (Tables)                       HTML     91K  
25: R53         Commitments (Tables)                                HTML     52K 
87: R54         Related Party Transactions (Tables)                 HTML    100K 
69: R55         Additional Information-Financial Statement          HTML    396K 
                Schedule I Financial Information of Parent Company               
                (Tables)                                                         
31: R56         Organization and Principal Activities (Schedule of  HTML    127K 
                Companies Subsidiaries and VIE's) (Details)                      
36: R57         Organization and Principal Activities (Schedule of  HTML     60K 
                VIE's Consolidated Balance Sheets) (Details)                     
77: R58         Organization and Principal Activities (Schedule of  HTML     71K 
                VIE's Consolidated Statement of Operations)                      
                (Details)                                                        
114: R59         Summary of Significant Accounting Policies          HTML     72K  
                (Narrative) (Details)                                            
127: R60         Summary of Significant Accounting Policies          HTML     57K  
                (Schedule of Estimated Useful Lives of Property                  
                and Equipment) (Details)                                         
126: R61         Summary of Significant Accounting Policies          HTML     52K  
                (Schedule of Estimated Economic Lives of                         
                Intangible Assets) (Details)                                     
93: R62         Segment Information and Revenue Analysis (Details)  HTML     61K 
48: R63         Short-Term Investments (Details)                    HTML     44K 
46: R64         Long-Term Investments (Narrative) (Details)         HTML    240K 
88: R65         Long-Term Investments (Schedule of Equity Method    HTML     87K 
                Investments) (Details)                                           
113: R66         Accounts Receivable, Net (Schedule of Accounts      HTML     52K  
                Receivable, Net) (Details)                                       
30: R67         Accounts Receivable, Net (Schedule of Allowance     HTML     48K 
                for Doubtful Accounts) (Details)                                 
118: R68         Other Current Assets (Details)                      HTML     73K  
50: R69         Assets Held for Sale (Narrative) (Details)          HTML     48K 
67: R70         Other Non-Current Assets (Details)                  HTML     40K 
64: R71         Long-Term Deposits (Details)                        HTML     49K 
47: R72         Acquired Intangible Assets, Net (Details)           HTML    101K 
59: R73         Goodwill (Details)                                  HTML     40K 
100: R74         Property and Equipment, Net (Details)               HTML     73K  
81: R75         Prepaid Equipment Cost (Details)                    HTML     59K 
20: R76         Accrued Expenses and Other Current Liabilities      HTML     65K 
                (Details)                                                        
86: R77         Short-Term Loan (Narrative) (Details)               HTML     51K 
21: R78         Income Taxes (Narrative) (Details)                  HTML     67K 
80: R79         Income Taxes (Schedule of Income Tax                HTML     48K 
                (Expenses)/Benefits) (Details)                                   
35: R80         Income Taxes (Schedule of Deferred Income Tax       HTML     78K 
                Assets and Liabilities) (Details)                                
111: R81         Income Taxes (Schedule of Reconciliation of         HTML     80K  
                Effective Income Tax Rate) (Details)                             
107: R82         Income Taxes (Schedule of VIE's Net Loss Per Share  HTML     47K  
                Amounts) (Details)                                               
115: R83         Net Loss Per Share (Details)                        HTML     59K  
124: R84         Share Based Payments (Narrative) (Details)          HTML    210K  
128: R85         Share Based Payments (Schedule of Stock Option      HTML    110K  
                Activities) (Details)                                            
19: R86         Share Based Payments (Schedule of Stock Option      HTML     57K 
                Assumptions) (Details)                                           
33: R87         Fair Value Measurement (Details)                    HTML     41K 
112: R88         Share Repurchase Plan (Details)                     HTML     51K  
94: R89         Mainland China Contribution Plan (Details)          HTML     38K 
103: R90         Statutory Reserves (Details)                        HTML     36K  
99: R91         Restricted Net Assets (Details)                     HTML     41K 
22: R92         Commitments (Narrative) (Details)                   HTML     64K 
51: R93         Commitments (Schedule of Future Minimum Rental      HTML     50K 
                Lease Payments) (Details)                                        
52: R94         Commitments (Schedule of Future Minimum Concession  HTML     48K 
                Fee Payments) (Details)                                          
68: R95         Contingent Liabilities (Details)                    HTML     37K 
53: R96         Related Party Transactions (Schedule of Amount Due  HTML     67K 
                to/from Related Parties-Trading) (Details)                       
110: R97         Related Party Transactions (Schedule of Revenues    HTML     61K  
                and Purchases) (Details)                                         
40: R98         Related Party Transactions (Narrative) (Details)    HTML     69K 
23: R99         Related Party Transactions (Schedule of Equity      HTML     67K 
                Transaction with Related Party) (Details)                        
109: R100        Subsequent Events (Narrative) (Details)             HTML     61K  
65: R101        Additional Information-Financial Statement          HTML    118K 
                Schedule I Financial Information of Parent Company               
                (Schedule of Parent Company Balance Sheets)                      
                (Details)                                                        
97: R102        Additional Information-Financial Statement          HTML     51K 
                Schedule I Financial Information of Parent Company               
                (Schedule of Parent Company Balance Sheets)                      
                (Parenthetical) (Details)                                        
84: R103        Additional Information-Financial Statement          HTML     63K 
                Schedule I Financial Information of Parent Company               
                (Schedule of Parent Company Statements of                        
                Operations) (Details)                                            
106: R104        Additional Information-Financial Statement          HTML     56K  
                Schedule I Financial Information of Parent Company               
                (Schedule of Parent Company Statements of                        
                Comprehensive Income/Loss) (Details)                             
122: R105        Additional Information-Financial Statement          HTML    200K  
                Schedule I Financial Information of Parent Company               
                (Schedule of Parent Company Statements of Changes                
                in Equity) (Details)                                             
56: R106        Additional Information-Financial Statement          HTML    109K 
                Schedule I Financial Information of Parent Company               
                (Schedule of Parent Company Statements of Cash                   
                Flows) (Details)                                                 
71: XML         IDEA XML File -- Filing Summary                      XML    186K 
26: EXCEL       IDEA Workbook of Financial Reports                  XLSX    313K 
70: EXCEL       IDEA Workbook of Financial Reports (.xls)            XLS   3.33M 
13: EX-101.INS  XBRL Instance -- amcn-20141231                       XML   4.33M 
15: EX-101.CAL  XBRL Calculations -- amcn-20141231_cal               XML    308K 
16: EX-101.DEF  XBRL Definitions -- amcn-20141231_def                XML   1.09M 
17: EX-101.LAB  XBRL Labels -- amcn-20141231_lab                     XML   3.17M 
18: EX-101.PRE  XBRL Presentations -- amcn-20141231_pre              XML   1.75M 
14: EX-101.SCH  XBRL Schema -- amcn-20141231                         XSD    317K 
121: ZIP         XBRL Zipped Folder -- 0001144204-15-024774-xbrl      Zip    327K

‘R55’ — Additional Information-Financial Statement Schedule I Financial Information of Parent Company (Tables)

This is an IDEA Financial Report. [ Alternative Formats ]

ADDITIONAL INFORMATION-FINANCIAL STATEMENT SCHEDULE I FINANCIAL INFORMATION OF PARENT COMPANY (Tables)

12 Months Ended

Dec. 31, 2014

ADDITIONAL INFORMATION-FINANCIAL STATEMENT SCHEDULE I FINANCIAL INFORMATION OF PARENT COMPANY [Abstract]

Schedule of Parent's Condensed Balance Sheets

	As of December 31,
	2013			2014
Assets
Current assets
Cash and cash equivalents	$	14		$	2,029
Amount due from subsidiaries		181,245			178,347
Other current assets		335			556

Total current assets		181,594			180,932

Non-current assets
Investment in subsidiaries		93,416			71,023

TOTAL ASSETS		275,010			251,955

Liabilities
Current liabilities
Amount due to subsidiaries		3,652			3,135
Accrued expenses and other current liabilities		392			84

Total liabilities		4,044			3,219

Equity
Ordinary Shares ($0.001 par value; 900,000,000 shares authorized in 2013 and 2014; 127,662,057 shares and 127,662,057 shares issued as of December 31, 2013 and 2014, respectively; 119,134,135 shares and 119,942,413 shares outstanding as of December 31, 2013 and 2014, respectively)		128			128
Additional paid in capital		313,912			323,167
Treasury stock (8,527,922 and 7,719,644 shares as of December 31, 2013 and 2014, respectively)		(9,860	)		(9,236	)
Accumulated deficits		(73,443	)		(99,138	)
Accumulated other comprehensive income		40,229			33,815

Total equity		270,966			248,736

TOTAL LIABILITIES AND EQUITY	$	275,010		$	251,955

Schedule of Parent's Condensed Statements of Operations

	For the years ended December 31,
	2012			2013			2014
Operating expenses
Selling and marketing	$	(859	)	$	-		$	(144	)
General and administrative		(3,282	)		(2,239	)		(1,676	)

Total operating expenses		(4,141	)		(2,239	)		(1,820	)

Investment loss in subsidiaries		(28,587	)		(8,387	)		(23,875	)

Net loss attributable to holders of ordinary shares	$	(32,728	)	$	(10,626	)	$	(25,695	)

Schedule of Parents' Condensed Statements of Comprehensive Income/Loss

	For the years ended December 31,
	2012			2013			2014

Net loss	$	(32,728	)	$	(10,626	)	$	(25,695	)
Other comprehensive income, net of tax:
Change in cumulative foreign currency translation adjustment		2,214			7,281			(6,414	)
Comprehensive income loss attributable to Parent Company	$	(30,514	)	$	(3,345	)	$	(32,109	)

Schedule of Parent's Condensed Statements of Changes in Equity

															Accumulated
															other
	Ordinary shares					Additional			Treasury			Accumulated			comprehensive			Total
	Shares			Amount		paid in capital			stock			deficits			income			equity

Balance as of January 1, 2012		125,247,597		$	128	$	275,150		$	(3,775	)	$	(30,089	)	$	30,734		$	272,148
Ordinary shares issued for share based compensation		137,166			-		-			161			-			-			161
Share repurchase as treasury stock		(3,272,278	)		-		-			(3,421	)		-			-			(3,421	)
Share-based compensation		-			-		3,502			-			-			-			3,502
Foreign currency translation adjustment		-			-		-			-			-			2,214			2,214
Net loss		-			-		-			-			(32,728	)		-			(32,728	)

Balance as of December 31, 2012		122,112,485		$	128	$	278,652		$	(7,035	)	$	(62,817	)	$	32,948		$	241,876

Ordinary shares issued for share based compensation		18,400			-		-			21			-			-			21
Share repurchase as treasury stock		(2,996,750	)		-		-			(2,846	)		-			-			(2,846	)
Share-based compensation		-			-		1,251			-			-			-			1,251
Foreign currency translation adjustment		-			-		-			-			-			7,281			7,281
Capital contribution from non-controlling interests		-			-		39,825			-			-			-			39,825
Acquisition of non-controlling interests		-			-		(5,816	)		-			-			-			(5,816	)
Net loss		-			-		-			-			(10,626	)		-			(10,626	)

Balance as of December 31, 2013		119,134,135		$	128	$	313,912		$	(9,860	)	$	(73,443	)	$	40,229		$	270,966

Ordinary shares issued for share based compensation		808,278			-		-			624			-			-			624
Share-based compensation		-			-		1,359			-			-			-			1,359
Foreign currency translation adjustment		-			-		-			-			-			(6,414	)		(6,414	)
Capital contribution from non-controlling interests		-			-		6,463			-			-			-			6,463
Disposal of equity interests of AM Film and AM Lianhe		-			-		1,433			-			-			-			1,433
Net loss		-			-		-			-			(25,695	)		-			(25,695	)

Balance as of December 31, 2014		119,942,413		$	128	$	323,167		$	(9,236	)	$	(99,138	)	$	33,815		$	248,736

Schedule of Parent's Condensed Statements of Cash Flows

	For the years ended December 31,
	2012			2013			2014
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$	(32,728	)	$	(10,626	)	$	(25,695	)
Investment loss in subsidiaries		28,587			8,387			23,875
Share-based compensation		3,502			1,251			1,359

CHANGES IN WORKING CAPITAL ACCOUNTS
Other current assets		(597	)		444			(221	)
Accounts payable		(40	)		-			-
Accrued expenses and other current liabilities		(421	)		(3	)		(308	)
Amount due to subsidiaries		265			3,231			(517	)
Amount due from subsidiaries		2,497			(41	)		2,898

Net cash provided by operating activities		1,065			2,643			1,391

CASH FLOWS FROM FINANCING ACTIVITIES
Cash paid for treasury stock		(3,421	)		(2,846	)		-
Proceeds from exercises of stock options		161			21			624

Net cash (used in) provided by financing activities		(3,260	)		(2,825	)		624

Net (decrease)/increase in cash		(2,195	)		(182	)		2,015
Cash, at beginning of year		2,391			196			14

Cash, at end of year	$	196		$	14		$	2,029

Dates Referenced Herein and Documents Incorporated by Reference

This ‘20-F’ Filing	Date	Other Filings

Filed on:	4/24/15
For Period end:	12/31/14
	12/31/13	20-F
	12/31/12	20-F, 20-F/A
	1/1/12
		List all Filings

2 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

11/09/15  SEC                               UPLOAD¶     9/30/17    1:127K Airnet Technology Inc.
 9/21/15  SEC                               UPLOAD¶     9/30/17    1:162K Airnet Technology Inc.

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Filing Submission 0001144204-15-024774 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

Airnet Technology Inc. – ‘20-F’ for 12/31/14 – ‘R55’

On: Friday, 4/24/15, at 9:01am ET · For: 12/31/14 · Accession #: 1144204-15-24774 · File #: 1-33765

Previous ‘20-F’: ‘20-F’ on 4/25/14 for 12/31/13 · Next: ‘20-F’ on 5/16/16 for 12/31/15 · Latest: ‘20-F’ on 4/26/24 for 12/31/23 · 2 References:

Annual Report by a Foreign Non-Canadian Issuer — Form 20-F — Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

‘R55’ — Additional Information-Financial Statement Schedule I Financial Information of Parent Company (Tables)

This is an IDEA Financial Report. [ Alternative Formats ]

Dates Referenced Herein and Documents Incorporated by Reference

2 Subsequent Filings that Reference this Filing

Airnet Technology Inc. – ‘20-F’ for 12/31/14 – ‘R55’

On: Friday, 4/24/15, at 9:01am ET · For: 12/31/14 · Accession #: 1144204-15-24774 · File #: 1-33765

Previous ‘20-F’: ‘20-F’ on 4/25/14 for 12/31/13 · Next: ‘20-F’ on 5/16/16 for 12/31/15 · Latest: ‘20-F’ on 4/26/24 for 12/31/23 · 2 References: By: SEC – ‘UPLOAD’ on 11/9/15 By: SEC – ‘UPLOAD’ on 9/21/15

Annual Report by a Foreign Non-Canadian Issuer — Form 20-F — Sect. 13 / 15(d) – SEA’34Filing Table of Contents

‘R55’ — Additional Information-Financial Statement Schedule I Financial Information of Parent Company (Tables)

This is an IDEA Financial Report. [ Alternative Formats ]

Dates Referenced Herein and Documents Incorporated by Reference

2 Subsequent Filings that Reference this Filing

Previous ‘20-F’: ‘20-F’ on 4/25/14 for 12/31/13 · Next: ‘20-F’ on 5/16/16 for 12/31/15 · Latest: ‘20-F’ on 4/26/24 for 12/31/23 · 2 References:

Annual Report by a Foreign Non-Canadian Issuer — Form 20-F — Sect. 13 / 15(d) – SEA’34
Filing Table of Contents