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Note 6 - Intangible Assets:
 12 Months Ended
Dec. 31, 2012
Goodwill and Intangible Assets Disclosure [Text Block]
6. Intangible assets:

Intangible assets consist of acquired technology, brand, customer relationships, non-competition agreements, surname domain names and direct navigation domain names. These balances are being amortized, on a straight-line basis over the term of the intangible assets, as reflected in the table below.

Acquired intangible assets consist of the following:

   
Technology
   
Brand
   
Customer
relationships
   
Surname
domain names
   
Direct
navigation
domain names
       
Amortization period
 
2 - 7
years
   
7
years
   
4 - 7
years
   
indefinite life
   
indefinite life
   
Total
 
Balances, December 31, 2010
 
$
25,720
   
$
519,780
   
$
2,133,260
   
$
12,125,918
   
$
2,078,723
   
$
16,883,401
 
Additions to/(disposals from) domain portfolio, net
   
—
     
—
     
—
     
(5,841
)
   
(28,230
)
   
(34,071
)
Acquisition of EPAG Domainservices GmbH
   
287,300
     
215,475
     
1,221,025
     
—
     
—
     
1,723,800
 
Amortization expense
   
(85,590
)
   
(163,325
)
   
(841,625
)
   
—
     
—
     
(1,090,540
)
Balances, December 31, 2011
   
227,430
     
571,930
     
2,512,660
     
12,120,077
     
2,050,493
     
17,482,590
 
Additions to/(disposals from) domain portfolio, net
   
—
     
—
     
—
     
(10,060
)
   
(37,119
)
   
(47,179
)
Amortization expense
   
(143,640
)
   
(173,640
)
   
(702,480
)
   
—
     
—
     
(1,019,760
)
Balances, December 31, 2012
 
$
83,790
   
$
398,290
   
$
1,810,180
   
$
12,110,017
   
$
2,013,374
   
$
16,415,651
 

The following table shows the estimated amortization expense for each of the next 5 years, assuming no further additions to acquired intangible assets are made:

   
Year ending
December 31,
 
2013
 
$
959,910
 
2014
   
596,620
 
2015
   
205,320
 
2016
   
205,320
 
2017
   
205,320
 
Total
 
$
2,172,490
 

Indefinite life intangible assets represent domain names acquired from third parties and surname and direct navigation domain names related to the acquisition of Mailbank.com Inc. in June 2006. These assets are not being amortized and are being tested for impairment annually and whenever events or changes in circumstances indicate that their carrying value may not be recoverable. The Company uses a discounted cash flow or income approach to estimate the fair value of its indefinite life intangible assets. In the discounted cash flow approach, expected cash flows are converted to present value using factors that consider the timing and risk of the future cash flows. The estimate of cash flows used is prepared on an unleveraged debt-free basis. The discount rate reflects a market-derived weighted average cost of capital. The Company believes that this approach is appropriate because it provides a fair value estimate based upon the Company’s expected long-term operating and cash flow performance. The projections are based upon the Company’s best estimates of projected economic and market conditions over the related period including growth rates, estimates of future expected changes in operating margins and cash expenditures. Other significant estimates and assumptions include terminal value growth rates, terminal value margin rates, future capital expenditures and changes in future working capital. If assumptions and estimates used to allocate the purchase price or used to assess impairment prove to be inaccurate, future asset impairment charges could be required. At December 31, 2012, the Company had indefinite life assets of $14.1 million. The Company completed its latest annual impairment test and fair value analysis for indefinite life intangible assets, and there were no impairments present and no impairment charge was recorded during the years ended December 31, 2012, 2011 and 2010.