XML 19 R25.htm IDEA: XBRL DOCUMENT

Note 9 - Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2014

Segment Reporting [Abstract]

Condensed Income Statement [Table Text Block]

Three months ended September 30, 2014		Domain Name Services				Network Access Services				Consolidated Totals
Net Revenues		$	29,125,494			$	9,748,689			$	38,874,183
Cost of Revenues			20,191,680				5,794,195				25,985,875
Gross Profit before network expenses			8,933,814				3,954,494				12,888,308

Network expenses											1,311,534
Gross Profit											11,576,774

Expenses:
Sales and marketing											3,593,486
Technical operations and development											1,041,136
General and administrative											2,639,868
Depreciation of property and equipment											58,685
Amortization of intangibles											107,230
Loss on currency forward contracts											237,985
Income from operations											3,898,384
Other expenses, net											63,498
Income before provision for income taxes										$	3,834,886

Nine months ended September 30, 2014		Domain Name Services				Network Access Services				Consolidated Totals
Net Revenues		$	84,143,913			$	24,720,665			$	108,864,578
Cost of Revenues			59,922,918				15,115,600				75,038,518
Gross Profit before network expenses			24,220,995				9,605,065				33,826,060

Network expenses											3,956,812
Gross Profit											29,869,248

Expenses:
Sales and marketing											11,377,701
Technical operations and development											3,238,566
General and administrative											6,293,987
Depreciation of property and equipment											167,527
Amortization of intangibles											545,290
Write-off / impairment of indefinite life intangible assets											577,145
Loss on currency forward contracts											885,901
Income from operations											6,783,131
Other expenses, net											206,679
Income before provision for income taxes										$	6,576,452

Three months ended September 30, 2013		Domain Name Services				Network Access Services				Consolidated Totals
Net Revenues		$	30,918,611			$	4,718,474			$	35,637,085
Cost of Revenues			20,671,990				3,596,971				24,268,961
Gross Profit before network expenses			10,246,621				1,121,503				11,368,124

Network expenses											1,368,703
Gross Profit											9,999,421

Expenses:
Sales and marketing											2,998,419
Technical operations and development											1,215,327
General and administrative											1,869,668
Depreciation of property and equipment											52,972
Amortization of intangibles											219,030
Loss on currency forward contracts											(28,068	)
Income from operations											3,672,073
Other expenses, net											78,966
Income before provision for income taxes										$	3,593,107

Nine months ended September 30, 2013		Domain Name Services				Network Access Services				Consolidated Totals
Net Revenues		$	85,994,751			$	10,800,713			$	96,795,464
Cost of Revenues			60,707,782				8,646,584				69,354,366
Gross Profit before network expenses			25,286,969				2,154,129				27,441,098

Network expenses											4,252,972
Gross Profit											23,188,126

Expenses:
Sales and marketing											8,792,091
Technical operations and development											3,097,294
General and administrative											5,266,997
Depreciation of property and equipment											158,833
Amortization of intangibles											657,090
Loss on currency forward contracts											353,209
Income from operations											4,862,612
Other expenses, net											271,756
Income before provision for income taxes										$	4,590,856

Schedule Of Operating Income By Revenue Stream [Table Text Block]

		Three months ended September 30,								Nine months ended September 30,
		2014				2013				2014				2013
Domain Services:
Wholesale
Domain Services		$	21,880,181			$	22,002,858			$	65,032,221			$	65,698,859
Value Added Services			2,350,195				2,606,151				7,349,527				7,854,268
Total Wholesale			24,230,376				24,609,009				72,381,748				73,553,127

Retail			2,687,478				2,142,446				7,612,079				6,062,244
Portfolio			2,207,640				4,167,155				4,150,086				6,379,380
Total Domain Services			29,125,494				30,918,610				84,143,913				85,994,751

Network Access Services:
Ting			9,748,689				4,718,475				24,720,665				10,800,713
Total Network Access Services			9,748,689				4,718,475				24,720,665				10,800,713

		$	38,874,183			$	35,637,085			$	108,864,578			$	96,795,464

Schedule of Cost of Revenues by Revenue Stream [Table Text Block]

		Three months ended September 30,								Nine months ended September 30,
		2014				2013				2014				2013
Domain Services:
Wholesale
Domain Services		$	18,229,841			$	18,580,828			$	54,274,382			$	55,519,797
Value Added Services			575,813				484,619				1,679,546				1,567,113
Total Wholesale			18,805,654				19,065,447				55,953,928				57,086,910

Retail			1,196,875				946,113				3,322,950				2,530,036
Portfolio			189,151				660,430				646,040				1,090,836
Total Domain Services			20,191,680				20,671,990				59,922,918				60,707,782

Network Access Services:
Ting			5,794,195				3,596,971				15,115,600				8,646,584
Total Network Access Services			5,794,195				3,596,971				15,115,600				8,646,584

Network Expenses:
Network, other costs			1,139,515				1,192,450				3,427,856				3,716,471
Network, depreciation and amortization costs			172,019				176,253				528,956				536,501
Total Network Expenses			1,311,534				1,368,703				3,956,812				4,252,972

		$	27,297,409			$	25,637,664			$	78,995,330			$	73,607,338

Schedule Of Property, Plant, and Equipment By Geographic Region [TableText Block]

		September 30, 2014				December 31, 2013
Canada		$	1,190,337			$	1,292,425
United States			438,511				453,223
Germany			113,457				12,188
		$	1,742,305			$	1,757,836

Schedule of Acquired Intangible Assets by Major Class [Table Text Block]

		September 30, 2014				December 31, 2013
Canada		$	−			$	271,300
Germany			787,060				1,061,050
		$	787,060			$	1,332,350

Schedule of Deferred Tax asset, Net by Geographic Region [Table Text Block]

		September 30, 2014				December 31, 2013
Canada		$	7,444,724			$	6,451,563
		$	7,444,724			$	6,451,563