Note 11 - Costs to Obtain and Fulfill a Contract

3 Months Ended

Mar. 31, 2024

Notes to Financial Statements

Capitalized Contract Costs [Text Block]

11. Costs to obtain and fulfill a Contract:

Deferred costs of fulfillment

Deferred costs to fulfill contracts primarily consist of domain registration costs which have been paid to a domain registry, and are capitalized as deferred costs of fulfillment. These costs are deferred and amortized over the life of the domain which generally ranges from one to ten years. The Company also defers certain technology design and data migration costs it incurs to fulfill its performance obligations contained in our platform services arrangements. 

The breakdown of the movement in the deferred costs of fulfillment balance for the three months ended March 31, 2024 is as follows (Dollar amounts in thousands of U.S. dollars). 

	March 31, 2024
Balance, beginning of period	$	111,068
Deferral of costs		49,095
Amortized expense included in cost of revenue		(44,076	)
Balance, end of period	$	116,087