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Consolidated Balance Sheets (Unaudited) (USD $)
Jun. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 14,164,518 $ 12,418,888
Accounts receivable, net of allowance for doubtful accounts of $130,472 as of June 30, 2014 and $91,226 as of December 31, 2013 6,919,130 5,305,403
Inventory 481,140 309,686
Prepaid expenses and deposits 4,935,573 4,309,039
Prepaid domain name registry and ancillary services fees, current portion 46,379,230 44,209,591
Deferred tax asset, current portion (note 7) 1,250,468 1,081,526
Income taxes recoverable (note 7) 631,632 475,889
Total current assets 74,761,691 68,110,022
Prepaid domain name registry and ancillary services fees, long-term portion 12,090,838 11,838,579
Property and equipment 1,693,720 1,757,836
Deferred tax asset, long-term portion (note 7) 5,814,675 5,370,037
Intangible assets (note 5) 14,379,154 15,403,228
Goodwill 18,873,127 18,873,127
Total assets 127,613,205 121,352,829
Current liabilities:    
Accounts payable 3,185,060 2,361,481
Accrued liabilities 3,743,663 3,913,034
Customer deposits 4,487,871 4,500,946
Derivative instrument liability, (note 4) 59,077 491,098
Loan payable (note 6) 5,358,333 6,300,000
Deferred revenue, current portion 57,609,511 54,379,719
Accreditation fees payable, current portion 505,645 473,811
Income taxes payable (note 7) 194,303 1,024,004
Total current liabilities 75,143,463 73,444,093
Deferred revenue, long-term portion 16,025,103 15,638,517
Accreditation fees payable, long-term portion 132,020 135,522
Deferred rent, long-term portion 88,359 75,979
Deferred tax liability, long-term portion (note 7) 5,108,500 5,141,500
Stockholders' equity (note 11)    
Preferred stock - no par value, 1,250,000 shares authorized; none issued and outstanding 0 0
Common stock - no par value, 250,000,000 shares authorized;11,240,992 shares issued and outstanding as of June 30, 2014 and 10,907,063 shares issued and outstanding as of December 31, 2013 13,513,124 11,859,267
Additional paid-in capital 29,138,165 28,632,311
Deficit (11,505,358) (13,329,379)
Accumulated other comprehensive income (loss) (30,171) (244,981)
Total stockholders' equity 31,115,760 26,917,218
Total liabilities and stockholders' equity $ 127,613,205 $ 121,352,829