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Note 3 - Acquisitions | 12 Months Ended
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Dec. 31, 2023
Notes to Financial Statements |
Business Combination Disclosure [Text Block] | 3. Acquisitions:
| (a) | Uniregistry
On October 1, 2021, the Company acquired the domain registry related assets of UNR Corp., UNR Inc. and Uni Naming and Registry Ltd. (each a seller and collectively "UNR"). The purchase price was $3.0 million, less a purchase price adjustment of approximately $0.5 million relating to a working capital deficit, for net purchase consideration of $2.5 million.
Cash Consideration, including working capital adjustment |  | $ | 2,499 |
Total purchase price |  |  | 2,499 |
Accounts Receivables, net |  |  | 538 |
Other current assets |  |  | 23 |
Technology |  |  | 3,039 |
Total identifiable assets |  |  | 3,600 |
Accounts payable and accrued labilities |  |  | 1,101 |
Total liabilities assumed |  |  | 1,101 |
Total net assets (liabilities) assumed |  |  | 2,499 |
Total goodwill |  | $ | - |
The technology assets acquired are amortized over periods of 5 - 7 years.
| (b) | Simply Bits
On November 8, 2021, the Company acquired 100% of Simply Bits, LLC via an Agreement and Plan of Merger with one of our wholly owned subsidiaries. The purchase price was $25.0 million, plus a purchase price adjustment of approximately $0.8 million relating to a working capital surplus and the estimated fair value of contingent consideration, for net purchase consideration of $25.8 million. Included in the agreement was contingent consideration totaled up to $1.0 million, which was due 60 days from December 31, 2021 and was paid in 2022.
Cash Consideration, including working capital adjustment |  | $ | 24,829 |
Fair value of contingent payments |  |  | 953 |
Total purchase price |  |  | 25,782 |
Cash and Cash Equivalents |  |  | 801 |
Accounts Receivables, net |  |  | 87 |
Other current assets |  |  | 759 |
Property and equipment |  |  | 1,684 |
Right of use operating lease |  |  | 1,804 |
Customer relationships |  |  | 9,160 |
Total identifiable assets |  |  | 14,295 |
Accounts payable and accrued labilities |  |  | 307 |
Deferred tax liability |  |  | 20 |
Operating lease liability |  |  | 1,794 |
Other liabilities |  |  | 498 |
Total liabilities assumed |  |  | 2,619 |
Total net assets (liabilities) assumed |  |  | 11,676 |
Total goodwill |  | $ | 14,106 |

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