Note 10 - Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2017

	Network Access		Domain Name Services		Consolidated Totals
Three months ended March 31, 2017

Net Revenues	$	19,100,862	$	50,467,200	$	69,568,062

Cost of revenues
Cost of revenues		10,410,397		38,900,315		49,310,712
Network expenses		541,963		1,801,233		2,343,196
Depreciation of property and equipment		426,078		164,269		590,347
Amortization of intangible assets		11,532		368,630		380,162
Total cost of revenues		11,389,970		41,234,447		52,624,417
Gross Profit		7,710,892		9,232,753		16,943,645

Expenses:
Sales and marketing						7,219,322
Technical operations and development						1,694,141
General and administrative						3,457,343
Depreciation of property and equipment						166,317
Amortization of intangible assets						1,380,809
Impairment of indefinite life intangible assets						-
Gain on currency forward contracts						(34,425	)
Income from operations						3,060,138
Other income (expenses), net						(739,096	)
Income before provision for income taxes					$	2,321,042

	Network Access		Domain Name Services		Consolidated Totals
Three months ended March 31, 2016

Net Revenues	$	16,997,839	$	27,748,250	$	44,746,089

Cost of revenues
Cost of revenues		8,945,276		19,861,441		28,806,717
Network expenses		214,524		1,018,407		1,232,931
Depreciation of property and equipment		185,680		161,073		346,753
Amortization of intangible assets		11,532		-		11,532
Total cost of revenues		9,357,012		21,040,921		30,397,933
Gross Profit		7,640,827		6,707,329		14,348,156

Expenses:
Sales and marketing						4,465,056
Technical operations and development						1,176,360
General and administrative						2,404,927
Depreciation of property and equipment						73,268
Amortization of intangible assets						56,997
Impairment of indefinite life intangible assets						20,985
Gain on currency forward contracts						(110,757	)
Income from operations						6,261,320
Other income (expenses), net						82,648
Income before provision for income taxes					$	6,343,968

	Three months ended March 31,
	2017		2016

Network Access Services:
Mobile Services	$	17,962,868	$	16,107,426
Other Services		1,137,994		890,413
Total Network Access Services		19,100,862		16,997,839

Domain Services:
Wholesale
Domain Services		39,091,817		21,257,654
Value Added Services		4,056,812		2,299,039
Total Wholesale		43,148,629		23,556,693

Retail		6,401,703		3,450,895
Portfolio		916,868		740,662
Total Domain Services		50,467,200		27,748,250

	$	69,568,062	$	44,746,089

	Three months ended March 31,
	2017		2016

Network Access Services:
Mobile Services	$	9,567,160	$	8,558,435
Other Services		843,237		386,841
Total Network Access Services		10,410,397		8,945,276

Domain Services:
Wholesale
Domain Services		34,462,927		17,642,586
Value Added Services		557,941		479,451
Total Wholesale		35,020,868		18,122,037

Retail		3,617,402		1,578,442
Portfolio		262,045		160,962
Total Domain Services		38,900,315		19,861,441

Network Expenses:
Network, other costs		2,343,196		1,232,931
Network, depreciation and amortization costs		970,509		358,285
		3,313,705		1,591,216

	$	52,624,417	$	30,397,933

Allowance for doubtful accounts excluding provision for credit notes	Balance at beginning of period		Charged to (recovered) costs and expenses		Write-offs during period		Balance at end of period

Three months ended March 31, 2017	$	164,145	$	590	$	-	$	164,735
Year ended December 31, 2016	$	122,095	$	42,050	$	-	$	164,145