XML 62 R15.htm IDEA: XBRL DOCUMENT

Note 9 - Supplemental Information

9 Months Ended

Sep. 30, 2013

Disclosure Text Block Supplement [Abstract]

Additional Financial Information Disclosure [Text Block]

9. SUPPLEMENTAL INFORMATION:

(a) 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,
	2013		2012		2013		2012

Wholesale
Domain Services	$	22,002,858	$	22,267,806	$	65,698,859	$	65,043,412
Value Added Services		2,606,151		2,603,513		7,854,268		7,881,213
Total Wholesale		24,609,009		24,871,319		73,553,127		72,924,625

Retail		6,860,921		2,964,943		16,862,957		7,112,823
Portfolio		4,167,155		1,409,807		6,379,380		4,898,541
	$	35,637,085	$	29,246,069	$	96,795,464	$	84,935,989

During the three and nine months ended September 30, 2013 and 2012, no customer accounted for more than 10% of total revenue. As at September 30, 2013, no customer accounted for more than 10% of accounts receivable, while as at September 30, 2012, one customer accounted for 13% of accounts receivable.

(b) 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,
	2013		2012		2013		2012

Wholesale
Domain Services	$	18,580,828	$	18,644,315	$	55,519,797	$	54,275,405
Value Added Services		484,619		532,296		1,567,113		1,576,228
Total Wholesale		19,065,447		19,176,611		57,086,910		55,851,633

Retail		4,543,084		2,064,448		11,176,620		4,350,722
Portfolio		660,430		205,025		1,090,836		631,065
Network, other costs		1,192,450		1,158,885		3,716,471		3,629,639
Network, depreciation and amortization costs		176,253		193,113		536,501		567,989
	$	25,637,664	$	22,798,082	$	73,607,338	$	65,031,048

	September 30, 2013		December 31, 2012
Canada	$	1,320,572	$	1,026,570
United States		498,734		306,679
Germany		13,952		18,895
	$	1,833,258	$	1,352,144

(d) The following is a summary of the Company’s amortizable intangible assets by geographic region:

	September 30, 2013		December 31, 2012
Canada	$	499,000	$	1,062,100
Germany		1,052,380		1,230,160
	$	1,551,380	$	2,292,260

(e) The following is a summary of the Company’s deferred tax asset, net of valuation allowance, by geographic region:

September 30,

2013

December 31,

2012

Canada

6,089,250

5,970,462

6,089,250

5,970,462