Note 10 - Supplemental Information

6 Months Ended

Jun. 30, 2012

Additional Financial Information Disclosure [Text Block]

10. SUPPLEMENTAL INFORMATION:

The following is a summary of the Company’s revenue earned from each significant revenue stream:

	Three months ended June 30,				Six months ended June 30,
	2012		2011		2012		2011
OpenSRS :
Domain Services	$	21,667,630	$	18,219,726	$	42,775,606	$	35,760,108
Value-Added Services		2,588,983		2,208,173		5,277,701		4,473,931
Total OpenSRS Services		24,256,613		20,427,899		48,053,307		40,234,039
Retail		2,298,285		1,278,365		4,147,880		2,473,420
Portfolio		1,597,716		1,339,659		3,488,733		2,893,671
	$	28,152,614	$	23,045,923	$	55,689,920	$	45,601,130

No customer accounted for more than 10% of the Company’s revenue for the three and six months ended June 30, 2012 or the three and six months ended June 30, 2011. Significant management judgment is required at the time revenue is recorded to assess whether the collection of the resulting receivables is reasonably assured. On an ongoing basis, we assess the ability of our customers to make required payments. Based on this assessment, we expect the carrying amount of our outstanding receivables, net of allowance for doubtful accounts, to be fully collected.

As of June 30, 2012, one customer accounted for 10% of accounts receivable. As of June 30, 2011, two customers accounted for 24% of accounts receivable.

The following is a summary of the Company’s cost of revenues from each significant revenue stream:

	Three months ended June 30,				Six months ended June 30,
	2012		2011		2012		2011
OpenSRS :
Domain Services	$	18,011,032	$	15,101,335	$	35,631,091	$	29,674,211
Value-Added Services		536,781		506,842		1,043,932		1,019,549
Total OpenSRS Services		18,547,813		15,608,177		36,675,023		30,693,760
Retail		1,356,514		418,571		2,286,274		837,864
Portfolio		215,884		198,188		426,039		388,452
Network, other costs		1,213,864		1,235,498		2,470,754		2,498,326
Network, depreciation and amortization costs		191,548		219,519		374,876		475,490
	$	21,525,623	$	17,679,953	$	42,232,966	$	34,893,892