Note 9 - Supplemental Information

6 Months Ended

Jun. 30, 2011

Additional Financial Information Disclosure [Text Block]

9. SUPPLEMENTAL INFORMATION:

The following is a summary of the Company’s revenue earned from each significant revenue stream:

	Three months ended June 30,				Six months ended June 30,
	2011		2010		2011		2010
OpenSRS :
Domain Services	$	18,219,728	$	15,748,912	$	35,760,108	$	31,151,922
Email Services		628,486		580,658		1,313,753		1,218,846
Other Services		1,238,296		1,084,943		2,473,213		2,178,654
Total OpenSRS Services		20,086,510		17,414,513		39,547,074		34,549,422

YummyNames		1,295,100		1,631,848		2,687,481		3,343,169
Hover		1,278,365		1,110,962		2,473,420		2,240,459
Butterscotch		385,948		689,275		893,155		1,158,701
	$	23,045,923	$	20,846,598	$	45,601,130	$	41,291,751

No customer accounted for more than 10% of the Company’s revenue for the three and six months ended June 30, 2011 or the three and six months ended June 30, 2010. Significant management judgment is required at the time revenue is recorded to assess whether the collection of the resulting receivables is reasonably assured. On an ongoing basis, we assess the ability of our customers to make required payments. Based on this assessment, we expect the carrying amount of our outstanding receivables, net of allowance for doubtful accounts, to be fully collected.

As of June 30, 2011, two customers accounted for 24% of accounts receivable, all of which has been paid subsequent to June 30, 2010. As of June 30, 2010, two customers accounted for 25% of accounts receivable.

The following is a summary of the Company’s cost of revenues from each significant revenue stream:

	Three months ended June 30,				Six months ended June 30,
	2011		2010		2011		2010
OpenSRS :
Domain Services	$	15,101,335	$	13,089,345	$	29,674,211	$	25,705,576
Email Services		94,200		117,319		196,734		224,457
Other Services		399,551		400,342		799,194		787,465
Total OpenSRS Services		15,595,086		13,607,006		30,670,139		26,717,498

YummyNames		207,414		253,740		385,326		456,495
Hover		418,571		350,288		837,864		749,733
Butterscotch		3,865		25,380		26,747		44,238
Network, other costs		1,235,498		1,219,572		2,498,326		2,412,896
Network, depreciation and amortization costs		219,519		327,859		475,490		712,719
	$	17,679,953	$	15,783,845	$	34,893,892	$	31,093,579

The following is a summary of the Company’s property and equipment by geographic region:

	June 30, 2011		December 31, 2010

Canada	$	941,228	$	1,041,692
United States		354,430		510,657
	$	1,295,658	$	1,552,349