Note 10 - Supplemental Information

9 Months Ended

Sep. 30, 2011

Additional Financial Information Disclosure [Text Block]

10. SUPPLEMENTAL INFORMATION:

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

	Three months ended September 30,				Nine months ended September 30,
	2011		2010		2011		2010
OpenSRS :
Domain Services	$	19,698,403	$	16,517,427	$	55,458,510	$	47,669,347
Email Services		636,210		577,606		1,949,963		1,796,452
Other Services		1,211,955		1,086,102		3,685,167		3,264,758
Total OpenSRS Services		21,546,568		18,181,135		61,093,640		52,730,557

YummyNames		1,784,510		1,249,128		4,471,992		4,592,297
Hover		1,357,878		1,147,576		3,831,299		3,388,036
Butterscotch		405,100		631,629		1,298,255		1,790,329
	$	25,094,056	$	21,209,468	$	70,695,186	$	62,501,219

No customer accounted for more than 10% of the Company’s revenue for the three and nine months ended September 30, 2011 or the three and nine months ended September 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 September 30, 2011, one customer accounted for 13% of accounts receivable, all of which has been paid subsequent to September 30, 2010. As of September 30, 2010, two customers accounted for 29% of accounts receivable.

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

	Three months ended September 30,				Nine months ended September 30,
	2011		2010		2011		2010
OpenSRS :
Domain Services	$	16,469,844	$	13,817,541	$	46,144,055	$	39,523,115
Email Services		73,800		97,001		270,534		321,459
Other Services		432,888		416,938		1,232,082		1,204,403
Total OpenSRS Services		16,976,532		14,331,480		47,646,671		41,048,977

YummyNames		179,312		179,894		564,638		636,389
Hover		494,879		380,262		1,332,743		1,129,996
Butterscotch		7,925		11,889		34,672		56,127
Network, other costs		1,193,669		1,087,930		3,691,995		3,500,826
Network, depreciation and amortization costs		183,151		306,055		658,641		1,018,774
	$	19,035,468	$	16,297,510	$	53,929,360	$	47,391,089

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

	September 30, 2011		December 31, 2010

Canada	$	930,290	$	1,041,692
Europe		24,123		—
United States		359,198		510,657
	$	1,313,611	$	1,552,349