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Consolidated Statements of Operations and Comprehensive Income (Unaudited) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Net revenues (note 9) $ 35,588,001 $ 31,173,357 $ 69,990,395 $ 61,158,379
Cost of revenues (note 9):        
Cost of revenues 24,736,004 23,007,506 49,052,643 45,085,405
Network expenses (*) 1,144,697 1,269,808 2,288,341 2,524,021
Depreciation of property and equipment 173,963 151,356 356,937 288,428
Amortization of intangible assets   35,910   71,820
Total cost of revenues 26,054,664 24,464,580 51,697,921 47,969,674
Gross profit 9,533,337 6,708,777 18,292,474 13,188,705
Expenses:        
Sales and marketing (*) 3,762,441 2,946,586 7,784,215 5,793,672
Technical operations and development (*) 1,107,532 748,137 2,197,430 1,881,967
General and administrative (*) 1,886,319 1,698,697 3,654,119 3,397,329
Depreciation of property and equipment 52,538 54,922 108,842 105,861
Amortization of intangible assets 219,030 219,030 438,060 438,060
Impairment of indefinite life intangible assets (note 5) 326,457 0 577,145 0
Loss on currency forward contracts (note 4) 96,545 146,639 647,916 381,277
Total expenses 7,450,862 5,814,011 15,407,727 11,998,166
Income from operations 2,082,475 894,766 2,884,747 1,190,539
Other income (expense):        
Interest expense, net (69,348) (93,428) (143,181) (192,790)
Total other income (expense) (69,348) (93,428) (143,181) (192,790)
Income before provision for income taxes 2,013,127 801,338 2,741,566 997,749
Provision for income taxes (note 7) 665,945 213,708 917,545 333,540
Net income 1,347,182 587,630 1,824,021 664,209
Other comprehensive income (loss), net of tax 370,868 (260,941) 7,687 (446,726)
Net amount reclassified to earnings 59,409   207,123  
Other comprehensive income (loss) net of tax of $111,897 and $133,761 for the three months ended June 30, 2014 and June 30, 2013, and $224,137 and $230,538 for the six months ended June 30, 2014 and June 30, 2013 430,277 (260,941) 214,810 (446,726)
Comprehensive income for the period 1,777,459 326,689 2,038,831 217,483
Basic earnings per common share (note 8) (in Dollars per share) $ 0.12 $ 0.06 $ 0.16 $ 0.07
Shares used in computing basic earnings per common share (note 8) (in Shares) 11,219,101 10,080,815 11,124,357 10,081,831
Diluted earnings per common share (note 8) (in Dollars per share) $ 0.11 $ 0.05 $ 0.16 $ 0.06
Shares used in computing diluted earnings per common share (note 8) (in Shares) 11,729,547 11,069,713 11,684,529 11,073,504
(*) Stock-based compensation has been included in operating expenses as follows:        
Network expenses 6,916 7,932 15,797 14,058
Sales and marketing 30,804 33,909 66,803 60,319
Technical operations and development 18,447 20,370 36,652 35,617
General and administrative $ 29,190 $ 29,044 $ 67,082 $ 56,103