Note 10 - Supplemental Information

3 Months Ended

Mar. 31, 2012

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 March 31,
	2012		2011
OpenSRS :
Domain Services	$	21,107,976	$	17,540,380
Value-Added Services		2,688,718		2,265,759
Total OpenSRS Services		23,796,694		19,806,139

Hover		1,849,595		1,195,056
Portfolio		1,891,017		1,554,012
	$	27,537,306	$	22,555,207

No customer accounted for more than 10% of the Company’s revenue for the three months ended March 31, 2012 or the three months ended March 31, 2011. 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 March 31, 2012, no customer accounted for 10% of accounts receivable. As of March 31, 2011, one customer accounted for 12% of accounts receivable.

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

	Three months ended March 31,
	2012		2011
OpenSRS :
Domain Services	$	17,620,059	$	14,572,871
Value-Added Services		507,151		512,708
Total OpenSRS Services		18,127,210		15,085,579

Hover		929,760		419,295
Portfolio		210,155		190,266
Network, other costs		1,256,890		1,262,828
Network, depreciation and amortization costs		183,328		255,971
	$	20,707,343	$	17,213,939