Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Mar. 31, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 10,010,849	$ 7,723,253
Accounts receivable, net of allowance for doubtful accounts of $138,629 as of March 31, 2016 and $122,095 as of December 31, 2015	8,061,898	7,171,388
Inventory	1,142,862	903,775
Prepaid expenses and deposits	5,320,714	$ 5,067,790
Derivative instrument asset, current portion (note 5)	102,560
Prepaid domain name registry and ancillary services fees, current portion	45,281,450	$ 44,708,041
Income taxes recoverable (note 8)	1,529,003	2,292,915
Total current assets	71,449,336	67,867,162
Prepaid domain name registry and ancillary services fees, long-term portion	11,265,440	11,040,929
Property and equipment	7,357,131	7,126,676
Deferred tax asset (note 8)	6,847,730	$ 7,621,092
Other assets (note 4)	6,054,546
Intangible assets (note 6)	14,371,943	$ 14,469,677
Goodwill (note 6)	21,005,143	21,005,143
Total assets	138,351,269	129,130,679
Current liabilities:
Accounts payable	4,510,071	4,166,135
Accrued liabilities	5,404,440	5,855,686
Customer deposits	4,956,986	5,136,909
Derivative instrument liability, current portion (note 5)	519,381	2,027,086
Deferred rent, current portion	20,742	19,463
Loan payable (note 7)	9,281,250	3,500,000
Deferred revenue, current portion	57,809,241	56,646,390
Accreditation fees payable, current portion	477,365	465,300
Income taxes payable (note 8)	906,595	444,053
Total current liabilities	83,886,071	78,261,022
Deferred revenue, long-term portion	15,293,370	14,947,639
Accreditation fees payable, long-term portion	117,034	118,480
Deferred rent, long-term portion	111,500	100,864
Other liabilities (note 13)	1,331,140	1,459,960
Deferred tax liability (note 8)	4,860,191	4,876,691
Redeemable non-controlling interest (note 9)	3,048,896	3,036,598
Stockholders' equity (note 14)
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;10,594,733 shares issued and outstanding as of March 31, 2016 and 10,685,599 shares issued and outstanding as of December 31, 2015	14,445,114	14,530,633
Additional paid-in capital	6,676,096	8,526,395
Retained earnings	8,807,789	4,381,849
Accumulated other comprehensive income (loss)	(225,932)	(1,109,452)
Total stockholders' equity	29,703,067	26,329,425
Total liabilities and stockholders' equity	$ 138,351,269	$ 129,130,679

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.