Sale of IPv4 addresses

9 Months Ended

Mar. 31, 2015

11.	Sale of IPv4 addresses

During the nine months ended March 31, 2015, we sold a block of non-strategic IPv4 addresses to a single buyer. This block of IPv4 addresses, which was recorded at $0 book value, has not been a material part of our ongoing operations. Our $339,000 gain on the sale of these addresses is net of broker fees incurred to consummate the transaction. We recorded the transaction as a “gain on sale of IPv4 addresses, net” as part of operating expenses within our Statement of Operations.