Tucows (TCX) 10-Q 14 May 14 2014 Q1 Quarterly report Financial data

Document_And_Entity_Informatio

Document And Entity Information	3 Months Ended
	Mar. 31, 2014	13-May-14
Document and Entity Information [Abstract]	'	'
Entity Registrant Name	'TUCOWS INC /PA/	'
Document Type	'10-Q	'
Current Fiscal Year End Date	'--12-31	'
Entity Common Stock, Shares Outstanding	'	11,207,871
Amendment Flag	'false	'
Entity Central Index Key	'0000909494	'
Entity Current Reporting Status	'Yes	'
Entity Voluntary Filers	'No	'
Entity Filer Category	'Smaller Reporting Company	'
Entity Well-known Seasoned Issuer	'No	'
Document Period End Date	31-Mar-14	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q1	'

Consolidated_Balance_Sheets_Un

Consolidated Balance Sheets (Unaudited) (USD $)	Mar. 31, 2014	Dec. 31, 2013
Current assets:	'	'
Cash and cash equivalents	$13,537,252	$12,418,888
Accounts receivable, net of allowance for doubtful accounts of $120,720 as of March 31, 2014 and $91,226 as of December 31, 2013	6,568,324	5,305,403
Inventory	509,433	309,686
Prepaid expenses and deposits	4,675,875	4,309,039
Prepaid domain name registry and ancillary services fees, current portion	45,831,314	44,209,591
Deferred tax asset, current portion (note 7)	1,648,178	1,081,526
Income taxes recoverable (note 7)	1,210,117	475,889
Total current assets	73,980,493	68,110,022
Prepaid domain name registry and ancillary services fees, long-term portion	12,032,539	11,838,579
Property and equipment	1,873,124	1,757,836
Deferred tax asset, long-term portion (note 7)	5,242,356	5,370,037
Intangible assets	14,931,888	15,403,228
Goodwill	18,873,127	18,873,127
Total assets	126,933,527	121,352,829
Current liabilities:	'	'
Accounts payable	4,317,717	2,361,481
Accrued liabilities	3,490,636	3,913,034
Customer deposits	4,471,817	4,500,946
Derivative instrument liability (note 4)	905,951	491,098
Loan payable (note 6)	5,683,333	6,300,000
Deferred revenue, current portion (note 7)	56,789,545	54,379,719
Accreditation fees payable, current portion	525,977	473,811
Income taxes payable (note 7)	311,131	1,024,004
Total current liabilities	76,496,107	73,444,093
Deferred revenue, long-term portion	15,977,624	15,638,517
Accreditation fees payable, long-term portion	133,443	135,522
Deferred rent, long-term portion	79,191	75,979
Deferred tax liability, long-term portion (note 7)	5,125,000	5,141,500
Stockholders' equity (note 11)	'	'
Preferred stock - no par value, 1,250,000 shares authorized; none issued and outstanding	0	0
Common stock - no par value, 250,000,000 shares authorized;11,192,884 shares issued and outstanding as of March 31, 2014 and 10,907,063 shares issued and outstanding as of December 31, 2013	13,301,296	11,859,267
Additional paid-in capital	29,133,854	28,632,311
Deficit	-12,852,540	-13,329,379
Accumulated other comprehensive income (loss)	-460,448	-244,981
Total stockholders' equity	29,122,162	26,917,218
Total liabilities and stockholders' equity	$126,933,527	$121,352,829

Consolidated_Balance_Sheets_Un1

Consolidated Balance Sheets (Unaudited) (Parentheticals) (USD $)	Mar. 31, 2014	Dec. 31, 2013
Allowance for doubtful accounts (in Dollars)	$120,720	$91,226
Preferred stock, shares authorized	1,250,000	1,250,000
Preferred stock - shares issued	0	0
Preferred stock - shares outstanding	0	0
Preferred stock - no par value (in Dollars per share)	$0	$0
Common stock shares authorized	250,000,000	250,000,000
Common stock shares issued	11,192,884	10,907,063
Common stock shares outstanding	11,192,884	10,907,063
Common stock - no par value (in Dollars per share)	$0	$0

Consolidated_Statements_of_Ope

Consolidated Statements of Operations and Comprehensive Income (Unaudited) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Net revenues (note 9)	$34,402,394	$29,985,022
Cost of revenues (note 9):	'	'
Cost of revenues	24,316,639	22,077,899
Network expenses (*)	1,143,644	1,254,213
Depreciation of property and equipment	182,974	137,072
Amortization of intangible assets	'	35,910
Total cost of revenues	25,643,257	23,505,094
Gross profit	8,759,137	6,479,928
Expenses:	'	'
Sales and marketing (*)	4,021,774	2,847,086
Technical operations and development (*)	1,089,898	1,133,830
General and administrative (*)	1,767,800	1,698,632
Depreciation of property and equipment	56,304	50,939
Amortization of intangible assets	219,030	219,030
Impairment of indefinite life intangible assets	250,688	'
Loss on currency forward contracts (note 4)	551,371	234,638
Total expenses	7,956,865	6,184,155
Income from operations	802,272	295,773
Other income (expense):	'	'
Interest expense, net	-73,833	-99,362
Total other income (expense)	-73,833	-99,362
Income before provision for income taxes	728,439	196,411
Provision for income taxes (note 7)	251,600	119,832
Net income	476,839	76,579
Other comprehensive income (loss), net of tax	'	'
Unrealized loss on hedging activities	-363,181	-185,785
Net amount reclassified to earnings	147,714	'
Other comprehensive loss, net of tax of $112,240 (2013 : $96,777)	-215,467	-185,785
Comprehensive income (loss) for the year	261,372	-109,206
Basic earnings per common share (note 8) (in Dollars per share)	$0.04	$0.01
Shares used in computing basic earnings per common share (note 8) (in Shares)	11,028,559	10,082,860
Diluted earnings per common share (note 8) (in Dollars per share)	$0.04	$0.01
Shares used in computing diluted earnings per common share (note 8) (in Shares)	11,639,617	11,077,831
(*) Stock-based compensation has been included in operating expenses as follows:	'	'
Network expenses	8,881	6,126
Sales and marketing	35,999	26,410
Technical operations and development	18,205	15,247
General and administrative	$37,892	$27,059

Consolidated_Statements_of_Ope1

Consolidated Statements of Operations and Comprehensive Income (Unaudited) (Parentheticals) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Other comprehensive income, tax	$112,240	$96,777

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (Unaudited) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Operating activities:	'	'
Net income for the period	$476,839	$76,579
Items not involving cash:	'	'
Depreciation of property and equipment	239,278	188,011
Amortization of intangible assets	219,030	219,030
Impairment of indefinite life intangible asset	250,688	'
Deferred income taxes (recovery)	-343,231	-92,065
Excess tax benefits from share-based compensation expense	-1,013,800	'
Amortization of deferred rent	3,212	5,504
Disposal of domain names	1,622	14,493
Loss on change in the fair value of forward contracts	87,146	451,141
Stock-based compensation	100,977	74,842
Change in non-cash operating working capital:	'	'
Accounts receivable	-1,262,921	-548,318
Inventory	-199,747	278,300
Prepaid expenses and deposits	-366,836	-338,298
Prepaid domain name registry and ancillary services fees	-1,815,683	-1,041,714
Income taxes recoverable	-433,301	109,153
Accounts payable	1,670,415	605,924
Accrued liabilities	-422,398	-524,202
Customer deposits	-29,129	-561,421
Deferred revenue	2,748,933	1,419,584
Accreditation fees payable	50,087	43,999
Net cash (used in) / provided by operating activities	-38,819	416,452
Financing activities:	'	'
Proceeds received on exercise of stock options	911,081	38,509
Excess tax benefits from share-based compensation expense	1,013,800	'
Repurchase of common stock	-82,286	-6,537,616
Proceeds received on loan payable	'	5,200,000
Repayment of loan payable	-616,667	-800,000
Net cash provided by / (used in) financing activities	1,225,928	-2,099,107
Investing activities:	'	'
Additions to property and equipment	-68,745	-446,705
Net cash used in investing activities	-68,745	-446,705
Increase (decrease) in cash and cash equivalents	1,118,364	-2,129,360
Cash and cash equivalents, beginning of period	12,418,888	6,415,679
Cash and cash equivalents, end of period	13,537,252	4,286,319
Supplemental cash flow information:	'	'
Interest paid	73,949	99,504
Income taxes paid, net	669,624	11,150
Supplementary disclosure of non-cash investing and financing activities:	'	'
Property and equipment acquired during the period not yet paid for	285,821	161,223
Other Intangible Assets [Member]	'	'
Items not involving cash:	'	'
Amortization of intangible assets	$219,030	$254,940

Note_1_Organization_of_The_Com

Note 1 - Organization of The Company	3 Months Ended
	Mar. 31, 2014
Disclosure Text Block [Abstract]	'
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	'
	1. ORGANIZATION OF THE COMPANY:
	Tucows Inc., a Pennsylvania corporation (referred to throughout this report as the “Company”, “Tucows”, “we”, “us” or through similar expressions), together with our consolidated subsidiaries, is a global distributor of Internet services, including domain name registration, security and identity products through digital certificates, email and mobile telephony services on both a wholesale and retail basis.
	We were incorporated under the laws of the Commonwealth of Pennsylvania in November 1992 under the name Infonautics, Inc. In August 2001, we completed our acquisition of Tucows Inc., a Delaware corporation, and we changed our name from Infonautics, Inc. to Tucows Inc. Our principal executive office is located in Toronto, Ontario and we have other offices in the Netherlands, Germany and the United States. Our common stock is listed on NASDAQ under the symbol “TCX” and on the Toronto Stock Exchange under the symbol “TC”.

Note_2_Basis_of_Presentation

Note 2 - Basis of Presentation	3 Months Ended
	Mar. 31, 2014
Disclosure Text Block [Abstract]	'
Basis of Accounting [Text Block]	'
	2. BASIS OF PRESENTATION:
	The accompanying unaudited interim consolidated balance sheets, and the related consolidated statements of operations and comprehensive income and cash flows reflect all adjustments, consisting of normal recurring adjustments, that are, in the opinion of management, necessary for a fair presentation of the financial position of Tucows and its subsidiaries as at March 31, 2014 and the results of operations and cash flows for the interim periods ended March 31, 2014 and 2013. The results of operations presented in this Quarterly Report on Form 10-Q are not necessarily indicative of the results of operations that may be expected for future periods.
	The accompanying unaudited interim consolidated financial statements have been prepared by Tucows in accordance with the rules and regulations of the Securities and Exchange Commission (the “SEC”). Certain information and footnote disclosure normally included in the Company's annual audited consolidated financial statements and accompanying notes have been condensed or omitted. These interim consolidated financial statements and accompanying notes follow the same accounting policies and methods of application used in the annual financial statements and should be read in conjunction with the Company's audited consolidated financial statements and notes thereto for the year ended December 31, 2013 included in Tucows' 2013 Annual Report on Form 10-K filed with the SEC on March 18, 2014.
	There have been no material changes to our significant accounting policies during the three months ended March 31, 2014 as compared to the significant accounting policies described in our Annual Report on Form 10-K for the fiscal year ended December 31, 2013.
	The Company recognizes the effects of events or transactions that occur after the balance sheet date but before financial statements are issued (“subsequent events”) if there is evidence that conditions related to the subsequent event existed at the date of the balance sheet date, including the impact of such events on management's estimates and assumptions used in preparing the financial statements. Other significant subsequent events that are not recognized in the financial statements, if any, are disclosed in the notes to the unaudited interim consolidated financial statements.

Note_3_New_Accounting_Policies

Note 3 - New Accounting Policies	3 Months Ended
	Mar. 31, 2014
Recent Accounting Pronouncements Adopted [Abstract]	'
Recent Accounting Pronouncements Adopted [Text Block]	'
	3. NEW ACCOUNTING POLICIES:
	Recent Accounting Pronouncements Adopted
	On July 18, 2013, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update No. 2013-11, Income Taxes (Topic 740): Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists (“ASU 2013-11”).   ). ASU 2013-11 requires an entity to present an unrecognized tax benefit, or a portion of an unrecognized tax benefit, as a reduction of a deferred tax asset for a net operating loss carryforward, a similar tax loss, or a tax credit carryforward except as follows: to the extent a net operating loss carryforward, a similar tax loss or a tax credit carryforward is not available at the reporting date under the tax law of the applicable jurisdiction to settle any additional income taxes that would result from the disallowance of a tax position or the tax law of the applicable tax jurisdiction does not require the entity to use, and the entity does not intend to use, the deferred tax asset for such purpose, the unrecognized tax benefit should be presented in the financial statements as a liability and should not be combined with a deferred tax asset. We adopted ASU 2013-11 in the first quarter of Fiscal 2014 and the adoption thereof did not have a material impact on our Condensed Consolidated Financial Statements.

Note_4_Derivative_Instruments_

Note 4 - Derivative Instruments and Hedging Activities

3 Months Ended

Mar. 31, 2014

Derivative Instruments and Hedging Activities Disclosure [Abstract]

'

Derivative Instruments and Hedging Activities Disclosure [Text Block]

'

4. Derivative instruments and hedging activities:

Foreign currency forward contracts

In October 2012, the Company entered into a hedging program with a Canadian chartered bank to limit the potential foreign exchange fluctuations in its future cash flows related to a portion of payroll, rent and payments to a Canadian domain name registry supplier that are denominated in Canadian dollars and are expected to be paid by its Canadian operating subsidiary. As part of its risk management strategy, the Company uses derivative instruments to hedge a portion of the foreign exchange risk associated with these costs. The Company does not use these forward contracts for trading or speculative purposes. These forward contracts typically mature between one and eighteen months from the acquisition date.

The Company has designated these transactions as cash flow hedges of forecasted transactions under ASC Topic 815 “Derivatives and Hedging” (ASC Topic 815). As the critical terms of the hedging instrument, and of the entire hedged forecasted transaction, are the same, in accordance with ASC Topic 815, the Company has been able to conclude that changes in fair value or cash flows attributable to the risk of being hedged are expected to completely offset at inception and on an ongoing basis. Accordingly, quarterly unrealized gains or losses on the effective portion of these contracts have been included within other comprehensive income. The fair value of the contracts, as of March 31, 2014, is recorded as derivative instrument liabilities.

As of March 31, 2014, the notional amount of forward contracts that the Company held to sell U.S. dollars in exchange for Canadian dollars was $20.1 million, of which $15.6 million met the requirements of ASC Topic 815 and were designated as hedges (March 31, 2013 - $23.3 million of which $15.1 million were designated as hedges). As of March 31, 2014, the Company has forward contracts with a notional amount of $4.5 million, which are not accounted for as hedges. The change in fair value of $0.1 million for these contracts is recorded on the statement of operations.

Fair value of derivative instruments and effect of derivative instruments on financial performance

The effect of these derivative instruments on our consolidated financial statements as of, and for the three months ended March 31, 2014, were as follows (amounts presented do not include any income tax effects).

Fair value of derivative instruments in the consolidated balance sheets

As of

As of

31-Mar-14

31-Dec-13

Derivatives

Balance Sheet

Fair Value

Fair Value

Location

Asset

Asset

(Liability)

(Liability)

Foreign currency forward contracts designated as cash flow hedges

Derivative instruments

$

(205,651

)

$

(118,505

)

Foreign currency forward contracts not designated as cash flow hedges

Derivative instruments

$

(700,300

)

$

(372,593

)

Total foreign currency forward contracts

Derivative instruments

$

(905,951

)

$

(491,098

)

Effects of derivative instruments on income and other comprehensive income (OCI) for the three months ended March 31, 2014 is as follows:

Derivatives in Cash Flow

Amount of

Location of

Amount of

Location of

Amount of

Gain or (Loss)

Gain or (Loss)

Gain or (Loss)

Gain or (Loss)

Gain or (Loss)

Hedging Relationship

Recognized in

Reclassified

Reclassified

Recognized in

Recognized in

OCI on

from

from

Income on

Income on

Derivative

Accumulated

Accumulated

Derivative

Derivative

(Effective

OCI into

OCI into

(ineffective

(ineffective

Portion)

Income

Income

Portion and

Portion and

(Effective

(Effective

Amount

Amount

Portion)

Portion)

Excluded from

Excluded from

Effectiveness

Effectiveness

Testing)

Testing)

Foreign currency forward contracts for the three months ended March 31, 2014

$

(215,467

)

Operating expenses

$

( 305,382

)

—

—

Cost of revenues

$

(40,644

)

Foreign currency forward contracts for the three months ended March 31, 2013

$

(185,785

)

Operating expenses

$

—

—

—

Cost of revenues

$

—

In addition to the above, for those foreign currency forward contracts not designated as hedges, the Company has recorded a loss of $0.1 million upon settlement and a gain of $0.1 million for the change in fair value of outstanding contracts for the three months ended March 31, 2014, in the consolidated statement of operations and comprehensive income.

Note_5_Intangible_Assets

Note 5 - Intangible Assets	3 Months Ended
	Mar. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]	'
Goodwill and Intangible Assets Disclosure [Text Block]	'
	5. INTANGIBLE ASSETS:
	Intangible assets consist of acquired technology, brand, customer relationships, surname domain names and our portfolio of domain names. As reflected in the table below, these balances are being amortized on a straight-line basis over the life of the intangible assets, except for the surname domain names and portfolio domain names, which have been determined to have an indefinite life and which are tested annually for impairment.
	A summary of acquired intangible assets for the three months ended March 31, 2014 is as follows:
		Technology		Brand			Customer relationships			Surname			Direct			Total
		2 – 7 years		7 years			4 – 7 years			domain			navigation
										names			domain
										indefinite			names
										life			indefinite
													life
	Net book value, December 31, 2013	$	—	$	224,650		$	1,107,700		$	12,096,712		$	1,974,166		$	15,403,228
	Sales of domain names		—		—			—			(1,622	)		—			(1,622	)
	Impairment of indefinite life intangible assets		—		—			—			(238,142	)		(12,546	)		(250,688	)
	Amortization expense		—		(43,410	)		(175,620	)		—			—			(219,030	)
	Net book value, March 31, 2014	$	—	$	181,240		$	932,080		$	11,856,948		$	1,961,620		$	14,931,888
	As of March 31, 2014, the accumulated amortization for the definite life intangibles was $5.3 million.
	With regard to indefinite life intangible assets, as part of our normal renewal process during the three months ended March 31, 2014, an assessment that certain domain names acquired in the June 2006 acquisition of Mailbank.com Inc. should not be renewed and were allowed to expire. Accordingly, these domain names, with a book value of $0.3 million, have been written off and recorded as impairment of indefinite life intangible assets during the three months ended March 31, 2014. No impairment was recorded on indefinite-life intangible assets during the three months ended March 31, 2013.

Note_6_Loan_Payable

Note 6 - Loan Payable	3 Months Ended
	Mar. 31, 2014
Debt Disclosure [Abstract]	'
Debt Disclosure [Text Block]	'
	6. LOAN PAYABLE:
	The Company has credit agreements (collectively the “Amended Credit Facility”) with the Bank of Montreal (the “Bank”) that were amended on November 19, 2012, and which provide it with access to two revolving demand loan facilities (the “2012 Demand Loan Facilities”), a treasury risk management facility and an operating demand loan.
	Two Revolving Demand Loan Facilities.
	The 2012 Demand Loan Facilities are governed by the terms of the Offer Letter, dated as of November 19, 2012, by and between the Company and the Bank and filed with the SEC on November 21, 2012.
	Under the terms of the Amended Credit Facility, our prior demand loan facilities have been amended to provide an aggregate of $14 million in funds available through the 2012 Demand Loan Facilities, which consist of a demand loan revolving facility (the “2012 DLR Loan”) and a demand loan revolving reducing facility (the “2012 DLRR Loan”). The 2012 DLR Loan accrues interest at the Bank’s U.S. Base Rate plus 1.25%. The Company may elect to pay interest on the 2012 DLRR Loan either at the Bank’s U.S. Base Rate plus 1.25% or LIBOR plus 2.50%. Aggregate advances under the 2012 Demand Loan Facilities may not exceed $14 million and no more than $2 million of such advances may be used to finance repurchases of Company common stock. The 2012 Demand Loan Facilities are subject to an undrawn aggregate standby fee of 0.20% following the first draw, which such fee is payable quarterly in arrears.
	Repayment of advances under the 2012 DLR Loan consist of interest only payments made monthly in arrears and prepayment is permitted without penalty. The outstanding balance under the 2012 DLR Loan as of December 31st of each year is to be fully repaid within 30 days of December 31st through an equivalent advance made under the 2012 DLRR Loan. Advances under the 2012 DLRR Loan will be made annually and solely for such purpose. Each advance under the 2012 DLRR Loan is to be repaid in equal monthly principal payments plus interest, over a period of four years from the date of such advance. At March 31, 2014, the 2012 DLR Loan was fully repaid. At March 31, 2014, the outstanding balance under the 2012 DLRR Loan was $5.7 million.
	Treasury Risk Management Facility
	The Amended Credit Facility also provides for a $3.5 million settlement risk line to assist the Company with hedging Canadian dollar exposure through foreign exchange forward contracts and/or currency options. Under the terms of the Amended Credit Facility, the Company may enter into such agreements at market rates with terms not to exceed 18 months. As of March 31, 2014, the Company held contracts in the amount of $20.1 million to trade U.S. dollars in exchange for Canadian dollars.
	Operating Demand Loan
	The Amended Credit Facility also provides the Company with a $1.0 million operating demand loan facility to assist in meeting its operational needs (the “Operating Demand Loan”). The Operating Demand Loan accrues interest at the Bank’s U.S. Base Rate plus 1.25%. Interest is payable monthly in arrears with any borrowing under the Operating Demand Loan fluctuating widely with periodic clean-up, at a minimum on an annual basis. The Company has also agreed to pay to the Bank a monthly monitoring fee of US$500 with respect to this loan. The Operating Demand Loan is payable on demand at any time, at the sole discretion of the Bank, with or without cause, and the Bank may terminate the Operating Demand Loan at any time. As of March 31, 2014, the Company had no amounts outstanding under its Operating Demand Loan.
	General Terms
	The Company’s Amended Credit Facility contains customary representations and warranties, affirmative and negative covenants, and events of default. The Company’s obligations under the Amended Credit Facility are guaranteed and secured by a security interest in substantially all of its assets. The Amended Credit Facility also requires that the Company comply with certain customary non-financial covenants and restrictions. In addition, the Company has agreed to comply with the following financial covenants at all times, which are to be calculated on a rolling four quarter basis: (i) Maximum Total Funded Debt to EBITDA of 2.00:1; and (ii) Minimum Fixed Charge Coverage of 1.20:1. Further, its Maximum Annual Capital Expenditures cannot exceed $3.6 million per year, which limit will be reviewed on an annual basis. As of March 31, 2014, the Company was in compliance with these covenants.
	Scheduled principal loan repayments are as follows:
	Remainder of 2014	$	1,683,333
	2015		1,400,000
	2016		1,300,000
	2017		1,300,000

Note_7_Income_Taxes

Note 7 - Income Taxes	3 Months Ended
	Mar. 31, 2014
Income Tax Disclosure [Abstract]	'
Income Tax Disclosure [Text Block]	'
	7. INCOME TAXES
	For the three months ended March 31, 2014, the Company recorded a provision for income taxes of $0.3 million on income before income taxes of $0.7 million, using an estimated effective tax rate for its 2014 fiscal year adjusted for certain minimum state taxes. Comparatively, for the three months ended March 31, 2013, the Company recorded a provision for income taxes of $0.1 million on income before taxes of $0.2 million, using an estimated effective tax rate for its 2013 fiscal year.
	In assessing the realizability of deferred tax assets, the Company considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the years in which those temporary differences become deductible. The Company considers projected future taxable income, uncertainties related to the industry in which we operate, and tax planning strategies in making this assessment.
	The Company follows the provisions of FASB ASC Topic 740, Income Taxes to account for income tax exposures. The application of this interpretation requires a two-step process that separates recognition of uncertain tax benefits from measurement thereof.
	The Company had approximately $0.1 million of total gross unrecognized tax benefit as of March 31, 2014 and $0.4 million of total gross unrecognized tax benefit as of March 31, 2013, which if recognized would favorably affect its income tax rate in future periods. The unrecognized tax benefit relates primarily to prior year Pennsylvania state franchise taxes. The decrease of $0.3 million from March 31, 2013 primarily relates to the finalization of prior year German income tax returns. The Company recognizes accrued interest and penalties related to income taxes in income tax expense. The Company did not have significant interest and penalties accrued at March 31, 2014 and December 31, 2013, respectively.

Note_8_Basic_And_Diluted_Earni

Note 8 - Basic And Diluted Earnings Per Common Share:	3 Months Ended
	Mar. 31, 2014
Earnings Per Share [Abstract]	'
Earnings Per Share [Text Block]	'
	8. BASIC AND DILUTED EARNINGS PER COMMON SHARE:
	Basic earnings per common share has been calculated by dividing net income for the period by the weighted average number of common shares outstanding during each period. Diluted earnings per share has been calculated by dividing net income for the period by the weighted average number of common shares and potentially dilutive common shares outstanding during the period. In computing diluted earnings per share, the treasury stock method is used to determine the number of shares assumed to be purchased from the conversion of common shares equivalents or the proceeds of option exercises.
	The following table is a summary of the basic and diluted earnings per common share:
		Three months		Three months
		ended		ended
		31-Mar-14		31-Mar-13
	Numerator for basic and diluted earnings per common share:
	Net income for the period	$	476,839	$	76,579
	Denominator for basic and diluted earnings per common share:
	Basic weighted average number of common shares outstanding		11,028,559		10,082,860
	Effect of outstanding stock options		611,058		994,971
	Diluted weighted average number of shares outstanding		11,639,617		11,077,831
	Basic earnings per common share	$	0.04	$	0.01
	Diluted earnings per common share	$	0.04	$	0.01
	For the three months ended March 31, 2014, outstanding options to purchase 38,000 common shares were not included in the computation of diluted income per common share because all such options had exercise prices greater than the average market price of the common shares.
	During the three months ended March 31, 2013, 4,114,121 common shares were repurchased and cancelled under the terms of a modified Dutch auction tender offer announced in December 2012.
	During the three months ended March 31, 2013, 143,073 common shares were repurchased and cancelled under the terms of our stock repurchase program announced in March 2013.
	The computation of earnings per share and diluted earnings per share for the three months ended March 31, 2014 and 2013 include reductions in the number of shares outstanding due to these repurchases.

Note_9_Segment_Reporting

Note 9 - Segment Reporting	3 Months Ended
	Mar. 31, 2014
Segment Reporting [Abstract]	'
Segment Reporting Disclosure [Text Block]	'
	9. SEGMENT REPORTING:
	(a)           We are organized and managed based on two segments, which are differentiated primarily by their services, the markets they serve and the regulatory environments in which they operate. The two segments are Domain Services and Network Access Services and are described as follows:
		1	Domain Services – This segment includes wholesale and retail domain name registration services, value added services and portfolio services. The Company primarily earns revenues from the registration fees charged to resellers in connection with new, renewed and transferred domain name registrations; the sale of retail Internet domain name registration and email services to individuals and small businesses; and by making its portfolio of domain names available for sale or lease. Domain Services revenues are attributed to the country in which the contract originates, primarily Canada.
		2	Network Access Services - This segment derives revenue from the sale of retail mobile phones and services to individuals and small businesses through the Ting website. Revenues are generated in the United States.
	The Chief Executive Officer is the chief operating decision maker and regularly reviews the operations and performance by segment. The chief operating decision maker reviews gross margin as a key measure of performance for each segment and to make decisions about the allocation of resources. Sales and marketing expenses, technical operations and development expenses, general and administrative expenses, depreciation of property and equipment, loss on disposition of property and equipment, amortization of intangibles, loss (gain) on currency forward contracts, other income (expense), and provision for income taxes, are organized along functional lines and are not included in the measurement of segment profitability. Total assets and total liabilities are centrally managed and are not reviewed at the segment level by the chief operating decision maker.
	Information by reportable segments, which is regularly reported to the chief operating decision maker is as follows:
	Three months ended March 31, 2014		Domain Name		Network		Consolidated
			Services		Access		Totals
					Services
	Net Revenues		$	27,690,262	$	6,712,132	$	34,402,394
	Cost of Revenues			20,035,208		4,281,431		24,316,639
	Gross Profit before network expenses			7,655,054		2,430,701		10,085,755
	Network expenses							1,326,618
	Gross Profit							8,759,137
	Expenses:
	Sales and marketing							4,021,774
	Technical operations and development							1,089,898
	General and administrative							1,767,800
	Depreciation of property and equipment							56,304
	Amortization of intangibles							219,030
	Write-off / impairment of indefinite life intangible assets							250,688
	Loss on currency forward contracts							551,371
	Income from operations							802,272
	Other expenses, net							73,833
	Income before provision for income taxes						$	728,439
	Three months ended March 31, 2013		Domain Name Services		Network Access Services		Consolidated Totals
	Net Revenues		$	27,636,759	$	2,348,263	$	29,985,022
	Cost of Revenues			19,967,914		2,109,985		22,077,899
	Gross Profit before network expenses			7,668,845		238,278		7,907,123
	Network expenses							1,427,195
	Gross Profit							6,479,928
	Expenses:
	Sales and marketing							2,847,086
	Technical operations and development							1,133,830
	General and administrative							1,698,632
	Depreciation of property and equipment							50,939
	Amortization of intangibles							219,030
	Loss on currency forward contracts							234,638
	Income from operations							295,773
	Other expenses, net							99,362
	Income before provision for income taxes						$	196,411
	(b)           The following is a summary of the Company’s revenue earned from each significant revenue stream:
			Three months ended March 31,
			2014		2013
	Domain Services:
	Wholesale
	Domain Services		$	21,648,954	$	21,895,900
	Value Added Services			2,603,605		2,688,690
	Total Wholesale			24,252,559		24,584,590
	Retail			2,384,063		1,918,444
	Portfolio			1,053,640		1,133,725
	Total Domain Services			27,690,262		27,636,759
	Network Access Services:
	Ting			6,712,132		2,348,263
	Total Network Access Services			6,712,132		2,348,263
			$	34,402,394	$	29,985,022
	During the three months ended March 31, 2014 and 2013, no customer accounted for more than 10% of total revenue. As at March 31, 2014, one customer accounted for 12% of accounts receivable, while as at March 31, 2013, one customer accounted for 13% of accounts receivable.
	(c)           The following is a summary of the Company’s cost of revenues from each significant revenue stream:
			Three months ended March 31,
			2014		2013
	Domain Services:
	Wholesale
	Domain Services		$	18,235,215	$	18,454,303
Value Added Services			540,722		562,038
Total Wholesale			18,775,937		19,016,341
Retail			1,015,416		750,595
Portfolio			243,855		200,978
Total Domain Services			20,035,208		19,967,914
Network Access Services:
Ting			4,281,431		2,109,985
Total Network Access Services			4,281,431		2,109,985
Network Expenses:
Network, other costs			1,143,644		1,254,213
Network, depreciation and amortization costs			182,974		172,982
Total Network Expenses			1,326,618		1,427,195
		$	25,643,257	$	23,505,094
(d)           The following is a summary of the Company’s property and equipment by geographic region:
		31-Mar-14		31-Dec-13
Canada		$	1,315,014	$	1,292,425
United States			523,526		453,223
Germany			34,584		12,188
		$	1,873,124	$	1,757,836
(e)           The following is a summary of the Company’s amortizable intangible assets by geographic region:
		31-Mar-14		31-Dec-13
Canada		$	223,600	$	271,300
Germany			889,720		1,061,050
		$	1,113,320	$	1,332,350
(f)           The following is a summary of the Company’s deferred tax asset, net of valuation allowance, by geographic region:
		31-Mar-14		31-Dec-13
Canada		$	6,890,534	$	6,451,563
		$	6,890,534	$	6,451,563

Note_10_Commitments_and_Contin

Note 10 - Commitments and Contingencies	3 Months Ended
	Mar. 31, 2014
Commitments and Contingencies Disclosure [Abstract]	'
Commitments and Contingencies Disclosure [Text Block]	'
	10. COMMITMENTS AND CONTINGENCIES:
	The Company is involved in various legal claims and lawsuits in connection with its ordinary business operations. The Company intends to vigorously defend these claims. While the final outcome with respect to any actions or claims outstanding or pending as of March 31, 2014 cannot be predicted with certainty, management does not believe that the resolution of these claims, individually or in the aggregate, will have a material adverse effect on the Company's financial position.

Note_11_Stockholderss_Equity

Note 11 - Stockholders's Equity	3 Months Ended
	Mar. 31, 2014
Stockholders' Equity Note [Abstract]	'
Stockholders' Equity Note Disclosure [Text Block]	'
	11. STOCKHOLDERS' EQUITY:
	The following unaudited table summarizes stockholders' equity transactions for the three month period ended March 31, 2014:
		Common stock						Additional						Accumulated			Total
								paid in						Other			stockholders'
														Comprehensive
		Number			Amount			capital			Deficit			Income			equity
	Balances, December 31, 2013		10,907,063		$	11,859,267		$	28,632,311		$	(13,329,379	)	$	(244,981	)	$	26,917,218
	Exercise of stock options		291,913			1,446,903			(535,822	)		—			—			911,081
	Repurchase and retirement of shares		(6,092	)		(4,874	)		(77,412	)		—			—			(82,286	)
	Stock-based compensation		—			—			100,977			—			—			100,977
	Income tax effect related to stock options exercised		—			—			1,013,800			—			—			1,013,800
	Net income for the period		—			—			—			476,839			—			476,839
	Unrealized loss on foreign currency forward contracts treated as hedges		—			—			—			—			(363,181	)		(363,181	)
	Reclassification to net income due to settlement of foreign currency forward contracts treated as hedges		—			—			—			—			147,714			147,714
	Balances, March 31, 2014		11,192,884		$	13,301,296		$	29,133,854		$	(12,852,540	)	$	(460,448	)	$	29,122,162
	On January 7, 2013, the Company announced that it successfully concluded a modified “Dutch auction tender offer” that was previously announced on November 21, 2012. Under the terms of the offer, the Company repurchased an aggregate of 1,028,531 shares of its common stock at a purchase price of $6.00 per share, for a total of $6,171,656, excluding transaction costs of approximately $106,000. The purchase price and all transaction costs were funded from available cash and an additional advance under our Amended Credit Facility from the Bank in the amount of $5.2 million. All shares purchased in the tender offer received the same price and all shares repurchased were immediately retired. As a result of the completion of the tender offer, as of January 31, 2013, the Company had 10,056,719 shares issued and outstanding.
	On March 1, 2013, the Company announced a stock buyback program. Under this buyback program, the Company was permitted to repurchase up to $10 million of the Company's common stock over the 12-month period that commenced on March 1, 2013. The Company repurchased 35,769 shares under this program during the three months ended March 31, 2013 for a total of $259,875.
	On March 5, 2014, the Company announced a stock buyback program. Under this buyback program, the Company may repurchase up to $20 million of the Company's common stock over the 12-month period that commenced on March 4, 2014. The Company repurchased 6,092 shares under this program during the three months ended March 31, 2014 for a total of $82,286.

Note_12_ShareBased_Payments

Note 12 - Share-Based Payments	3 Months Ended
	Mar. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	'
	12. SHARE-BASED PAYMENTS
	(a)    Stock options
	The fair value of each option grant is estimated on the date of grant using the Black-Scholes option-pricing model, consistent with the guidance on stock compensation. Because option-pricing models require the use of subjective assumptions, changes in these assumptions can materially affect the fair value of the options. The assumptions presented in the table below represent the weighted average of the applicable assumption used to value stock options at their grant date. The Company calculates expected volatility based on historical volatility of the Company's common shares. The expected term, which represents the period of time that options granted are expected to be outstanding, is estimated based on historical exercise experience. The Company evaluated historical exercise behavior when determining the expected term assumptions. The risk-free rate assumed in valuing the options is based on the U.S. Treasury yield curve in effect at the time of grant for the expected term of the option. The Company determines the expected dividend yield percentage by dividing the expected annual dividend by the market price of our common shares at the date of grant.
	During the three months ended March 31, 2014, no stock options to purchase common shares were granted. During the three months ended March 31, 2013, stock options to purchase 37,500 common shares were granted.
	Details of stock option transactions for the three months ended March 31, 2014 and March 31, 2013 are as follows:
			Three months ended					Three months ended
			31-Mar-14					31-Mar-13
			Number of			Weighted		Number of		Weighted
			Shares			Average		Shares		Average
						exercise price				exercise price
						per share				per share
	Outstanding, beginning of period			1,407,639		$	3.8		2,148,170	$	2.56
	Granted			—			—		37,500		5.76
	Exercised			-291,913			3.12		-14,214		2.72
	Forfeited			-5,594			5.56		-3,453		4.24
	Expired			-2,875			3.4		—		—
	Outstanding, end of period			1,107,257		$	3.97		2,168,003	$	2.6
	Options exercisable, end of period			753,506		$	3.15		1,761,150	$	2.28
	As of March 31, 2014, the exercise prices, weighted average remaining contractual life and intrinsic values of outstanding options were as follows:
						Options outstanding								Options exercisable
						Outstanding		Weighted		Weighted		Aggregate		Number		Weighted		Aggregate
	Exercise					Number		average		Average		intrinsic		exercisable		average		intrinsic
	price							exercise		remaining		value				exercise		value
								price per		contractual						price per
								share		life (years)						share
	$	1.52	-	$	2.4		255,704	$	2.33		—	$	2,984,513		255,704	$	2.33	$	2,984,513
	$	2.48	-	$	2.8		356,824	$	2.76		2		4,010,829		281,726	$	2.75		3,169,731
	$	2.92	-	$	3.76		155,919	$	3.02		2.8		1,712,347		106,215	$	3.06		1,161,627
	$	4.20	-	$	10.16		338,810	$	6.91		4.6		2,403,439		109,861	$	6.15		862,897
							1,107,257	$	3.97		2.4	$	11,111,128		753,506	$	3.15	$	8,178,768
	Total unrecognized compensation cost relating to unvested stock options at March 31, 2014, prior to the consideration of expected forfeitures, was approximately $793,000 and is expected to be recognized over a weighted average period of 2.0 years.
	The Company recorded stock-based compensation of $100,977 and $74,842 for the three months ended March 31, 2014 and 2013, respectively.
	The Company has not capitalized any stock-based compensation expense as part of the cost of an asset.

Note_13_Fair_Value_Measurement

Note 13 - Fair Value Measurement	3 Months Ended
	Mar. 31, 2014
Fair Value Disclosures [Abstract]	'
Fair Value Disclosures [Text Block]	'
	13. FAIR VALUE MEASUREMENT
	ASC Topic 820, “Fair Value Measurements and Disclosures” establishes a valuation hierarchy for disclosure of the inputs to valuation used to measure fair value. This hierarchy prioritizes the inputs into three broad levels. Level 1 inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities. Level 2 inputs are quoted prices for similar assets and liabilities in active markets or inputs that are observable for the asset or liability, either directly or indirectly through market corroboration, for substantially the full term of the financial instrument. Level 3 inputs are unobservable inputs based on the Company's own assumptions used to measure assets and liabilities at fair value. A financial asset or liability's classification within the hierarchy is determined based on the lowest level input that is significant to the fair value measurement.
	The following table provides a summary of the fair values of the Company's derivative instrument assets and liabilities measured at fair value on a recurring basis at March 31, 2014:
		31-Mar-14
		Fair Value Measurements Using						Assets at
		Level 1		Level 2		Level 3		Fair Value
	Derivative instrument liability	$	—	$	905,951	$	—	$	905,951
	Total Liabilities	$	—	$	905,951	$	—	$	905,951
	The following table provides a summary of the fair values of the Company's derivative instrument assets measured at fair value on a recurring basis as at December 31, 2013:
		31-Dec-12
		Fair Value Measurements Using						Assets at
		Level 1		Level 2		Level 3		Fair Value
	Derivative instrument liability	$	—	$	491,098	$	—	$	491,098
	Total Liabilities	$	—	$	491,098	$	—	$	491,098
	The carrying values of cash and cash equivalents, accounts receivable, accounts payable, accreditation fees payable, customer deposits, loan payable and accrued liabilities approximate their fair values due to the relatively short periods to maturity of the instruments.

Accounting_Policies_by_Policy_

Accounting Policies, by Policy (Policies)	3 Months Ended
	Mar. 31, 2014
Accounting Policies [Abstract]	'
New Accounting Pronouncements, Policy [Policy Text Block]	'
	Recent Accounting Pronouncements Adopted
	On July 18, 2013, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update No. 2013-11, Income Taxes (Topic 740): Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists (“ASU 2013-11”).   ). ASU 2013-11 requires an entity to present an unrecognized tax benefit, or a portion of an unrecognized tax benefit, as a reduction of a deferred tax asset for a net operating loss carryforward, a similar tax loss, or a tax credit carryforward except as follows: to the extent a net operating loss carryforward, a similar tax loss or a tax credit carryforward is not available at the reporting date under the tax law of the applicable jurisdiction to settle any additional income taxes that would result from the disallowance of a tax position or the tax law of the applicable tax jurisdiction does not require the entity to use, and the entity does not intend to use, the deferred tax asset for such purpose, the unrecognized tax benefit should be presented in the financial statements as a liability and should not be combined with a deferred tax asset. We adopted ASU 2013-11 in the first quarter of Fiscal 2014 and the adoption thereof did not have a material impact on our Condensed Consolidated Financial Statements.

Note_4_Derivative_Instruments_1

Note 4 - Derivative Instruments and Hedging Activities (Tables)

3 Months Ended

Mar. 31, 2014

Derivative Instruments and Hedging Activities Disclosure [Abstract]

'

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]

'

As of

As of

31-Mar-14

31-Dec-13

Derivatives

Balance Sheet

Fair Value

Fair Value

Location

Asset

Asset

(Liability)

(Liability)

Foreign currency forward contracts designated as cash flow hedges

Derivative instruments

$

(205,651

)

$

(118,505

)

Foreign currency forward contracts not designated as cash flow hedges

Derivative instruments

$

(700,300

)

$

(372,593

)

Total foreign currency forward contracts

Derivative instruments

$

(905,951

)

$

(491,098

)

Derivative Instruments, Gain (Loss) [Table Text Block]

'

Derivatives in Cash Flow

Amount of

Location of

Amount of

Location of

Amount of

Gain or (Loss)

Gain or (Loss)

Gain or (Loss)

Gain or (Loss)

Gain or (Loss)

Hedging Relationship

Recognized in

Reclassified

Reclassified

Recognized in

Recognized in

OCI on

from

from

Income on

Income on

Derivative

Accumulated

Accumulated

Derivative

Derivative

(Effective

OCI into

OCI into

(ineffective

(ineffective

Portion)

Income

Income

Portion and

Portion and

(Effective

(Effective

Amount

Amount

Portion)

Portion)

Excluded from

Excluded from

Effectiveness

Effectiveness

Testing)

Testing)

Foreign currency forward contracts for the three months ended March 31, 2014

$

(215,467

)

Operating expenses

$

( 305,382

)

—

—

Cost of revenues

$

(40,644

)

Foreign currency forward contracts for the three months ended March 31, 2013

$

(185,785

)

Operating expenses

$

—

—

—

Cost of revenues

$

—

Note_5_Intangible_Assets_Table

Note 5 - Intangible Assets (Tables)	3 Months Ended
	Mar. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]	'
Schedule of Intangible Assets and Goodwill [Table Text Block]	'
		Technology		Brand			Customer relationships			Surname			Direct			Total
		2 – 7 years		7 years			4 – 7 years			domain			navigation
										names			domain
										indefinite			names
										life			indefinite
													life
	Net book value, December 31, 2013	$	—	$	224,650		$	1,107,700		$	12,096,712		$	1,974,166		$	15,403,228
	Sales of domain names		—		—			—			(1,622	)		—			(1,622	)
	Impairment of indefinite life intangible assets		—		—			—			(238,142	)		(12,546	)		(250,688	)
	Amortization expense		—		(43,410	)		(175,620	)		—			—			(219,030	)
	Net book value, March 31, 2014	$	—	$	181,240		$	932,080		$	11,856,948		$	1,961,620		$	14,931,888

Note_6_Loan_Payable_Tables

Note 6 - Loan Payable (Tables)	3 Months Ended
	Mar. 31, 2014
Debt Disclosure [Abstract]	'
Schedule of Maturities of Long-term Debt [Table Text Block]	'
	Remainder of 2014	$	1,683,333
	2015		1,400,000
	2016		1,300,000
	2017		1,300,000

Note_8_Basic_And_Diluted_Earni1

Note 8 - Basic And Diluted Earnings Per Common Share: (Tables)	3 Months Ended
	Mar. 31, 2014
Earnings Per Share [Abstract]	'
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	'
		Three months		Three months
		ended		ended
		31-Mar-14		31-Mar-13
	Numerator for basic and diluted earnings per common share:
	Net income for the period	$	476,839	$	76,579
	Denominator for basic and diluted earnings per common share:
	Basic weighted average number of common shares outstanding		11,028,559		10,082,860
	Effect of outstanding stock options		611,058		994,971
	Diluted weighted average number of shares outstanding		11,639,617		11,077,831
	Basic earnings per common share	$	0.04	$	0.01
	Diluted earnings per common share	$	0.04	$	0.01

Note_9_Segment_Reporting_Table

Note 9 - Segment Reporting (Tables)	3 Months Ended
	Mar. 31, 2014
Segment Reporting [Abstract]	'
Condensed Income Statement [Table Text Block]	'
	Three months ended March 31, 2014	Domain Name		Network		Consolidated
		Services		Access		Totals
				Services
	Net Revenues	$	27,690,262	$	6,712,132	$	34,402,394
	Cost of Revenues		20,035,208		4,281,431		24,316,639
	Gross Profit before network expenses		7,655,054		2,430,701		10,085,755
	Network expenses						1,326,618
	Gross Profit						8,759,137
	Expenses:
	Sales and marketing						4,021,774
	Technical operations and development						1,089,898
	General and administrative						1,767,800
	Depreciation of property and equipment						56,304
	Amortization of intangibles						219,030
	Write-off / impairment of indefinite life intangible assets						250,688
	Loss on currency forward contracts						551,371
	Income from operations						802,272
	Other expenses, net						73,833
	Income before provision for income taxes					$	728,439
	Three months ended March 31, 2013	Domain Name Services		Network Access Services		Consolidated Totals
	Net Revenues	$	27,636,759	$	2,348,263	$	29,985,022
	Cost of Revenues		19,967,914		2,109,985		22,077,899
	Gross Profit before network expenses		7,668,845		238,278		7,907,123
	Network expenses						1,427,195
	Gross Profit						6,479,928
	Expenses:
	Sales and marketing						2,847,086
	Technical operations and development						1,133,830
	General and administrative						1,698,632
	Depreciation of property and equipment						50,939
	Amortization of intangibles						219,030
	Loss on currency forward contracts						234,638
	Income from operations						295,773
	Other expenses, net						99,362
	Income before provision for income taxes					$	196,411
Schedule of Operating Income, by Revenue Stream [Table Text Block]	'
		Three months ended March 31,
		2014		2013
	Domain Services:
	Wholesale
	Domain Services	$	21,648,954	$	21,895,900
	Value Added Services		2,603,605		2,688,690
	Total Wholesale		24,252,559		24,584,590
	Retail		2,384,063		1,918,444
	Portfolio		1,053,640		1,133,725
	Total Domain Services		27,690,262		27,636,759
	Network Access Services:
	Ting		6,712,132		2,348,263
	Total Network Access Services		6,712,132		2,348,263
		$	34,402,394	$	29,985,022
Schedule of Cost of Revenues by Revenue Stream [Table Text Block]	'
		Three months ended March 31,
		2014		2013
	Domain Services:
	Wholesale
	Domain Services	$	18,235,215	$	18,454,303
	Value Added Services		540,722		562,038
	Total Wholesale		18,775,937		19,016,341
	Retail		1,015,416		750,595
	Portfolio		243,855		200,978
	Total Domain Services		20,035,208		19,967,914
	Network Access Services:
	Ting		4,281,431		2,109,985
	Total Network Access Services		4,281,431		2,109,985
	Network Expenses:
	Network, other costs		1,143,644		1,254,213
	Network, depreciation and amortization costs		182,974		172,982
	Total Network Expenses		1,326,618		1,427,195
		$	25,643,257	$	23,505,094
Schedule Of Property, Plant, and Equipment By Geographic Region [TableText Block]	'
		31-Mar-14		31-Dec-13
	Canada	$	1,315,014	$	1,292,425
	United States		523,526		453,223
	Germany		34,584		12,188
		$	1,873,124	$	1,757,836
Schedule of Acquired Intangible Assets by Major Class [Table Text Block]	'
		31-Mar-14		31-Dec-13
	Canada	$	223,600	$	271,300
	Germany		889,720		1,061,050
		$	1,113,320	$	1,332,350
Schedule of Deferred Tax asset, Net by Geographic Region [Table Text Block]	'
		31-Mar-14		31-Dec-13
	Canada	$	6,890,534	$	6,451,563
		$	6,890,534	$	6,451,563

Note_11_Stockholderss_Equity_T

Note 11 - Stockholders's Equity (Tables)	3 Months Ended
	Mar. 31, 2014
Stockholders' Equity Note [Abstract]	'
Schedule of Stockholders Equity [Table Text Block]	'
		Common stock						Additional						Accumulated			Total
								paid in						Other			stockholders'
														Comprehensive
		Number			Amount			capital			Deficit			Income			equity
	Balances, December 31, 2013		10,907,063		$	11,859,267		$	28,632,311		$	(13,329,379	)	$	(244,981	)	$	26,917,218
	Exercise of stock options		291,913			1,446,903			(535,822	)		—			—			911,081
	Repurchase and retirement of shares		(6,092	)		(4,874	)		(77,412	)		—			—			(82,286	)
	Stock-based compensation		—			—			100,977			—			—			100,977
	Income tax effect related to stock options exercised		—			—			1,013,800			—			—			1,013,800
	Net income for the period		—			—			—			476,839			—			476,839
	Unrealized loss on foreign currency forward contracts treated as hedges		—			—			—			—			(363,181	)		(363,181	)
	Reclassification to net income due to settlement of foreign currency forward contracts treated as hedges		—			—			—			—			147,714			147,714
	Balances, March 31, 2014		11,192,884		$	13,301,296		$	29,133,854		$	(12,852,540	)	$	(460,448	)	$	29,122,162

Note_12_ShareBased_Payments_Ta

Note 12 - Share-Based Payments (Tables)	3 Months Ended
	Mar. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]	'
			Three months ended					Three months ended
			31-Mar-14					31-Mar-13
			Number of			Weighted		Number of		Weighted
			Shares			Average		Shares		Average
						exercise price				exercise price
						per share				per share
	Outstanding, beginning of period			1,407,639		$	3.8		2,148,170	$	2.56
	Granted			—			—		37,500		5.76
	Exercised			-291,913			3.12		-14,214		2.72
	Forfeited			-5,594			5.56		-3,453		4.24
	Expired			-2,875			3.4		—		—
	Outstanding, end of period			1,107,257		$	3.97		2,168,003	$	2.6
	Options exercisable, end of period			753,506		$	3.15		1,761,150	$	2.28
Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]	'
						Options outstanding								Options exercisable
						Outstanding		Weighted		Weighted		Aggregate		Number		Weighted		Aggregate
	Exercise					Number		average		Average		intrinsic		exercisable		average		intrinsic
	price							exercise		remaining		value				exercise		value
								price per		contractual						price per
								share		life (years)						share
	$	1.52	-	$	2.4		255,704	$	2.33		—	$	2,984,513		255,704	$	2.33	$	2,984,513
	$	2.48	-	$	2.8		356,824	$	2.76		2		4,010,829		281,726	$	2.75		3,169,731
	$	2.92	-	$	3.76		155,919	$	3.02		2.8		1,712,347		106,215	$	3.06		1,161,627
	$	4.20	-	$	10.16		338,810	$	6.91		4.6		2,403,439		109,861	$	6.15		862,897
							1,107,257	$	3.97		2.4	$	11,111,128		753,506	$	3.15	$	8,178,768

Note_13_Fair_Value_Measurement1

Note 13 - Fair Value Measurement (Tables)	3 Months Ended
	Mar. 31, 2014
Fair Value Disclosures [Abstract]	'
Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]	'
		31-Mar-14
		Fair Value Measurements Using						Assets at
		Level 1		Level 2		Level 3		Fair Value
	Derivative instrument liability	$	—	$	905,951	$	—	$	905,951
	Total Liabilities	$	—	$	905,951	$	—	$	905,951
		31-Dec-12
		Fair Value Measurements Using						Assets at
		Level 1		Level 2		Level 3		Fair Value
	Derivative instrument liability	$	—	$	491,098	$	—	$	491,098
	Total Liabilities	$	—	$	491,098	$	—	$	491,098

Note_4_Derivative_Instruments_2

Note 4 - Derivative Instruments and Hedging Activities (Details) (USD $)	3 Months Ended				9 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2013	Sep. 30, 2013	Sep. 30, 2012	Mar. 31, 2014	Mar. 31, 2013
		Designated as Hedging Instrument [Member]	Designated as Hedging Instrument [Member]	Not Designated as Hedging Instrument [Member]	Forward Contracts [Member]	Forward Contracts [Member]	Forward Contracts [Member]	Forward Contracts [Member]
		Forward Contracts [Member]	Forward Contracts [Member]	Forward Contracts [Member]
Note 4 - Derivative Instruments and Hedging Activities (Details) [Line Items]	'	'	'	'	'	'	'	'
Derivative, Notional Amount	'	$15.60	$15.10	'	'	'	$20.10	$23.30
Derivative Asset, Notional Amount	'	'	'	4.5	'	'	'	'
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	$0.10	'	'	'	($0.10)	($0.10)	'	'

Note_4_Derivative_Instruments_3

Note 4 - Derivative Instruments and Hedging Activities (Details) - Fair Value of Derivative Instruments in the Consolidated Balance Sheets (Derivative Instruments [Member], USD $)	Mar. 31, 2014	Dec. 31, 2013
Derivative Instruments [Member]	'	'
Derivatives, Fair Value [Line Items]	'	'
Foreign currency forward contracts designated as cash flow hedges	($205,651)	($118,505)
Foreign currency forward contracts not designated as cash flow hedges	-700,300	-372,593
Total foreign currency forward contracts	($905,951)	($491,098)

Note_4_Derivative_Instruments_4

Note 4 - Derivative Instruments and Hedging Activities (Details) - Effects of Derivative Instruments on Income and Other Comprehensive Income (OCI) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Operating Expense [Member]	'	'
Derivative Instruments, Gain (Loss) [Line Items]	'	'
Amount of Gain or (Loss) Recognized in OCI on Derivative (Effective Portion)	($215,467)	($185,785)
Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)	-305,382	'
Cost of Revenues [Member]	'	'
Derivative Instruments, Gain (Loss) [Line Items]	'	'
Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)	($40,644)	'

Note_5_Intangible_Assets_Detai

Note 5 - Intangible Assets (Details) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2014
Note 5 - Intangible Assets (Details) [Line Items]	'
Finite-Lived Intangible Assets, Accumulated Amortization	$5.30
Domain Name Services [Member]	'
Note 5 - Intangible Assets (Details) [Line Items]	'
Impairment of Intangible Assets (Excluding Goodwill)	$0.30

Note_5_Intangible_Assets_Detai1

Note 5 - Intangible Assets (Details) - Acquired Intangible Assets Consist of the Following (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013
Note 5 - Intangible Assets (Details) - Acquired Intangible Assets Consist of the Following [Line Items]	'	'	'
Net book value	$1,113,320	'	$1,332,350
Sales of domain names	-1,622	-14,493	'
Impairment of indefinite life intangible assets	-250,688	'	'
Surname Domain Names Indefinite Life [Member]	'	'	'
Note 5 - Intangible Assets (Details) - Acquired Intangible Assets Consist of the Following [Line Items]	'	'	'
Net book value	11,856,948	'	12,096,712
Sales of domain names	-1,622	'	'
Impairment of indefinite life intangible assets	-238,142	'	'
Direct Navigation Domain Names Indefinite Life [Member]	'	'	'
Note 5 - Intangible Assets (Details) - Acquired Intangible Assets Consist of the Following [Line Items]	'	'	'
Net book value	1,961,620	'	1,974,166
Impairment of indefinite life intangible assets	-12,546	'	'
Total [Member]	'	'	'
Note 5 - Intangible Assets (Details) - Acquired Intangible Assets Consist of the Following [Line Items]	'	'	'
Net book value	14,931,888	'	15,403,228
Sales of domain names	-1,622	'	'
Impairment of indefinite life intangible assets	-250,688	'	'
Amortization expense	-219,030	'	'
Brand 7 Years [Member]	'	'	'
Note 5 - Intangible Assets (Details) - Acquired Intangible Assets Consist of the Following [Line Items]	'	'	'
Net book value	181,240	'	224,650
Amortization expense	-43,410	'	'
Customer Relationships 4 to 7 Years [Member]	'	'	'
Note 5 - Intangible Assets (Details) - Acquired Intangible Assets Consist of the Following [Line Items]	'	'	'
Net book value	932,080	'	1,107,700
Amortization expense	($175,620)	'	'

Note_6_Loan_Payable_Details

Note 6 - Loan Payable (Details) (USD $)	3 Months Ended		12 Months Ended					12 Months Ended		3 Months Ended	12 Months Ended
	Mar. 31, 2014	Mar. 31, 2014	Dec. 31, 2012	Dec. 31, 2012	Dec. 31, 2012	Dec. 31, 2012	Jan. 31, 2013	Dec. 31, 2012	Mar. 31, 2014	Mar. 31, 2014	Dec. 31, 2012
	Foreign Exchange Risk [Member]	Operating Demand Loan [Member]	Base Rate [Member]	Base Rate [Member]	London Interbank Offered Rate (LIBOR) [Member]	2012 Demand Loan Facilities [Member]	DLR Loan [Member]	2012 DLRR Loan [Member]	2012 DLRR Loan [Member]	Amended Credit Facility [Member]	Maximum [Member]
			DLR Loan [Member]	2012 DLRR Loan [Member]	2012 DLRR Loan [Member]						2012 Demand Loan Facilities [Member]
Note 6 - Loan Payable (Details) [Line Items]	'	'	'	'	'	'	'	'	'	'	'
Line of Credit Facility, Maximum Borrowing Capacity	$3,500,000	$1,000,000	'	'	'	$14,000,000	'	'	'	'	$14,000,000
Debt Instrument, Basis Spread on Variable Rate	'	1.25%	1.25%	1.25%	2.50%	'	'	'	'	'	'
Line of Credit Facility Share Repurchase Limit	'	'	'	'	'	'	'	'	'	'	2,000,000
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage	'	'	'	'	'	0.20%	'	'	'	'	'
Debt Instrument, Term	'	'	'	'	'	'	'	'4 years	'	'	'
Line of Credit Facility, Amount Outstanding	'	0	'	'	'	'	5,200,000	'	5,700,000	'	'
Line of Credit Facility, Covenant Period	'18 months	'	'	'	'	'	'	'	'	'	'
Derivative Asset, Fair Value, Gross Asset	20,100,000	'	'	'	'	'	'	'	'	'	'
Debt Instrument, Fee Amount	'	500	'	'	'	'	'	'	'	'	'
Maximum Total Funded Debt To EBITDA Ratio	'	'	'	'	'	'	'	'	'	2	'
Minimum Fixed Charge Coverage	'	'	'	'	'	'	'	'	'	1.2	'
Line of Credit Facility Maximum Annual Capital Expenditure Ceiling	'	'	'	'	'	'	'	'	'	$3,600,000	'

Note_6_Loan_Payable_Details_Sc

Note 6 - Loan Payable (Details) - Scheduled Principal Loan Repayments (USD $)	Mar. 31, 2014
Scheduled Principal Loan Repayments [Abstract]	'
Remainder of 2014	$1,683,333
2015	1,400,000
2016	1,300,000
2017	$1,300,000

Note_7_Income_Taxes_Details

Note 7 - Income Taxes (Details) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013
Income Tax Disclosure [Abstract]	'	'	'
Income Tax Expense (Benefit)	$251,600	$119,832	'
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Extraordinary Items, Noncontrolling Interest	728,439	196,411	'
Unrecognized Tax Benefits	100,000	400,000	'
Unrecognized Tax Benefits, Period Increase (Decrease)	'	-300,000	'
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued	$0	'	$0

Note_8_Basic_And_Diluted_Earni2

Note 8 - Basic And Diluted Earnings Per Common Share: (Details)	1 Months Ended	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2013
		Equity Option [Member]	Dutch Auction Member	Stock Repurchase [Member]
Note 8 - Basic And Diluted Earnings Per Common Share: (Details) [Line Items]	'	'	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	'	38,000	'	'
Stock Repurchased and Retired During Period, Shares	6,092	'	4,114,121	143,073

Note_8_Basic_And_Diluted_Earni3

Note 8 - Basic And Diluted Earnings Per Common Share: (Details) - Summary of Basic and Diluted Earnings Per Common Share (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Summary of Basic and Diluted Earnings Per Common Share [Abstract]	'	'
Net income for the period (in Dollars)	$476,839	$76,579
Basic weighted average number of common shares outstanding	11,028,559	10,082,860
Effect of outstanding stock options	611,058	994,971
Diluted weighted average number of shares outstanding	11,639,617	11,077,831
Basic earnings per common share (in Dollars per share)	$0.04	$0.01
Diluted earnings per common share (in Dollars per share)	$0.04	$0.01

Note_9_Segment_Reporting_Detai

Note 9 - Segment Reporting (Details)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Note 9 - Segment Reporting (Details) [Line Items]	'	'
Number of Reportable Segments	2	'
One Customer [Member] | Accounts Receivable [Member]	'	'
Note 9 - Segment Reporting (Details) [Line Items]	'	'
Concentration Risk, Percentage	12.00%	13.00%

Note_9_Segment_Reporting_Detai1

Note 9 - Segment Reporting (Details) - Information by Reportable Segments (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Condensed Income Statements, Captions [Line Items]	'	'
Net Revenues	$34,402,394	$29,985,022
Cost of Revenues	24,316,639	22,077,899
Gross Profit before network expenses	10,085,755	7,907,123
Network expenses	1,326,618	1,427,195
Gross Profit	8,759,137	6,479,928
Sales and marketing	4,021,774	2,847,086
Technical operations and development	1,089,898	1,133,830
General and administrative	1,767,800	1,698,632
Depreciation of property and equipment	56,304	50,939
Amortization of intangibles	219,030	219,030
Write-off / impairment of indefinite life intangible assets	250,688	'
Loss on currency forward contracts	551,371	234,638
Income from operations	802,272	295,773
Other expenses, net	73,833	99,362
Income before provision for income taxes	728,439	196,411
Domain Name Services [Member]	'	'
Condensed Income Statements, Captions [Line Items]	'	'
Net Revenues	27,690,262	27,636,759
Cost of Revenues	20,035,208	19,967,914
Gross Profit before network expenses	7,655,054	7,668,845
Network Access Services [Member]	'	'
Condensed Income Statements, Captions [Line Items]	'	'
Net Revenues	6,712,132	2,348,263
Cost of Revenues	4,281,431	2,109,985
Gross Profit before network expenses	2,430,701	238,278
Network expenses	$1,326,618	$1,427,195

Note_9_Segment_Reporting_Detai2

Note 9 - Segment Reporting (Details) - Summary of the Company's Revenue Earned from Each Significant Revenue Stream (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Note 9 - Segment Reporting (Details) - Summary of the Company's Revenue Earned from Each Significant Revenue Stream [Line Items]	'	'
Revenue earned by revenue stream	$34,402,394	$29,985,022
Domain Services [Member] | Domain Services [Member]	'	'
Note 9 - Segment Reporting (Details) - Summary of the Company's Revenue Earned from Each Significant Revenue Stream [Line Items]	'	'
Revenue earned by revenue stream	21,648,954	21,895,900
Value Added Services [Member] | Domain Services [Member]	'	'
Note 9 - Segment Reporting (Details) - Summary of the Company's Revenue Earned from Each Significant Revenue Stream [Line Items]	'	'
Revenue earned by revenue stream	2,603,605	2,688,690
Wholesale [Member] | Domain Services [Member]	'	'
Note 9 - Segment Reporting (Details) - Summary of the Company's Revenue Earned from Each Significant Revenue Stream [Line Items]	'	'
Revenue earned by revenue stream	24,252,559	24,584,590
Retail [Member] | Domain Services [Member]	'	'
Note 9 - Segment Reporting (Details) - Summary of the Company's Revenue Earned from Each Significant Revenue Stream [Line Items]	'	'
Revenue earned by revenue stream	2,384,063	1,918,444
Portfolio [Member] | Domain Services [Member]	'	'
Note 9 - Segment Reporting (Details) - Summary of the Company's Revenue Earned from Each Significant Revenue Stream [Line Items]	'	'
Revenue earned by revenue stream	1,053,640	1,133,725
Ting [Member] | Network Access Services [Member]	'	'
Note 9 - Segment Reporting (Details) - Summary of the Company's Revenue Earned from Each Significant Revenue Stream [Line Items]	'	'
Revenue earned by revenue stream	6,712,132	2,348,263
Network Access Services [Member] | Network Access Services [Member]	'	'
Note 9 - Segment Reporting (Details) - Summary of the Company's Revenue Earned from Each Significant Revenue Stream [Line Items]	'	'
Revenue earned by revenue stream	6,712,132	2,348,263
Domain Services [Member]	'	'
Note 9 - Segment Reporting (Details) - Summary of the Company's Revenue Earned from Each Significant Revenue Stream [Line Items]	'	'
Revenue earned by revenue stream	27,690,262	27,636,759
Network Access Services [Member]	'	'
Note 9 - Segment Reporting (Details) - Summary of the Company's Revenue Earned from Each Significant Revenue Stream [Line Items]	'	'
Revenue earned by revenue stream	$34,402,394	$29,985,022

Note_9_Segment_Reporting_Detai3

Note 9 - Segment Reporting (Details) - Summary of the Company's Cost of Revenues from Each Significant Revenue Stream (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Note 9 - Segment Reporting (Details) - Summary of the Company's Cost of Revenues from Each Significant Revenue Stream [Line Items]	'	'
Cost of revenues	$25,643,257	$23,505,094
Network, other costs	1,143,644	1,254,213
Network, depreciation and amortization costs	'	35,910
Total Network Expenses	1,326,618	1,427,195
Domain Services [Member] | Domain Services [Member]	'	'
Note 9 - Segment Reporting (Details) - Summary of the Company's Cost of Revenues from Each Significant Revenue Stream [Line Items]	'	'
Cost of revenues	18,235,215	18,454,303
Value Added Services [Member] | Domain Services [Member]	'	'
Note 9 - Segment Reporting (Details) - Summary of the Company's Cost of Revenues from Each Significant Revenue Stream [Line Items]	'	'
Cost of revenues	540,722	562,038
Wholesale [Member] | Domain Services [Member]	'	'
Note 9 - Segment Reporting (Details) - Summary of the Company's Cost of Revenues from Each Significant Revenue Stream [Line Items]	'	'
Cost of revenues	18,775,937	19,016,341
Retail [Member] | Domain Services [Member]	'	'
Note 9 - Segment Reporting (Details) - Summary of the Company's Cost of Revenues from Each Significant Revenue Stream [Line Items]	'	'
Cost of revenues	1,015,416	750,595
Portfolio [Member] | Domain Services [Member]	'	'
Note 9 - Segment Reporting (Details) - Summary of the Company's Cost of Revenues from Each Significant Revenue Stream [Line Items]	'	'
Cost of revenues	243,855	200,978
Ting [Member] | Network Access Services [Member]	'	'
Note 9 - Segment Reporting (Details) - Summary of the Company's Cost of Revenues from Each Significant Revenue Stream [Line Items]	'	'
Cost of revenues	4,281,431	2,109,985
Domain Services [Member]	'	'
Note 9 - Segment Reporting (Details) - Summary of the Company's Cost of Revenues from Each Significant Revenue Stream [Line Items]	'	'
Cost of revenues	20,035,208	19,967,914
Network Access Services [Member]	'	'
Note 9 - Segment Reporting (Details) - Summary of the Company's Cost of Revenues from Each Significant Revenue Stream [Line Items]	'	'
Cost of revenues	4,281,431	2,109,985
Network, other costs	1,143,644	1,254,213
Network, depreciation and amortization costs	182,974	172,982
Total Network Expenses	$1,326,618	$1,427,195

Note_9_Segment_Reporting_Detai4

Note 9 - Segment Reporting (Details) - Summary of Company's Property and Equipment by Geographic Region (USD $)	Mar. 31, 2014	Dec. 31, 2013
Note 9 - Segment Reporting (Details) - Summary of Company's Property and Equipment by Geographic Region [Line Items]	'	'
Property, plant and equipment	$1,873,124	$1,757,836
CANADA	'	'
Note 9 - Segment Reporting (Details) - Summary of Company's Property and Equipment by Geographic Region [Line Items]	'	'
Property, plant and equipment	1,315,014	1,292,425
UNITED STATES	'	'
Note 9 - Segment Reporting (Details) - Summary of Company's Property and Equipment by Geographic Region [Line Items]	'	'
Property, plant and equipment	523,526	453,223
GERMANY	'	'
Note 9 - Segment Reporting (Details) - Summary of Company's Property and Equipment by Geographic Region [Line Items]	'	'
Property, plant and equipment	$34,584	$12,188

Note_9_Segment_Reporting_Detai5

Note 9 - Segment Reporting (Details) - Summary of Company's Amortizable Intangible Assets by Geographic Region (USD $)	Mar. 31, 2014	Dec. 31, 2013
Note 9 - Segment Reporting (Details) - Summary of Company's Amortizable Intangible Assets by Geographic Region [Line Items]	'	'
Amortizable intangible assets	$1,113,320	$1,332,350
CANADA	'	'
Note 9 - Segment Reporting (Details) - Summary of Company's Amortizable Intangible Assets by Geographic Region [Line Items]	'	'
Amortizable intangible assets	223,600	271,300
GERMANY	'	'
Note 9 - Segment Reporting (Details) - Summary of Company's Amortizable Intangible Assets by Geographic Region [Line Items]	'	'
Amortizable intangible assets	$889,720	$1,061,050

Note_9_Segment_Reporting_Detai6

Note 9 - Segment Reporting (Details) - Summary of Company's Deferred Tax Asset, Net of Valuation Allowance (USD $)	Mar. 31, 2014	Dec. 31, 2013
Summary of Company's Deferred Tax Asset, Net of Valuation Allowance [Abstract]	'	'
Deferred tax assets	$6,890,534	$6,451,563

Note_11_Stockholderss_Equity_D

Note 11 - Stockholders's Equity (Details) (USD $)	1 Months Ended	3 Months Ended		13 Months Ended	1 Months Ended	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2014	Jan. 31, 2013	Jan. 31, 2013	Mar. 31, 2013	Mar. 31, 2013	Jan. 31, 2013
				Dutch Auction Tender Offer [Member]	Stock Buyback Program [Member]	Stock Buyback Program [Member]	DLR Loan [Member]
Note 11 - Stockholders's Equity (Details) [Line Items]	'	'	'	'	'	'	'
Stock Repurchased and Retired During Period, Shares (in Shares)	6,092	'	'	1,028,531	'	'	'
Treasury Stock Acquired, Average Cost Per Share (in Dollars per share)	'	'	'	$6	'	'	'
Stock Repurchased and Retired During Period, Value	$82,286	($82,286)	'	$6,171,656	'	'	'
Stock Repurchased Transaction Costs	'	'	'	106,000	'	'	'
Line of Credit Facility, Amount Outstanding	'	'	'	'	'	'	5,200,000
Shares, Outstanding (in Shares)	'	'	10,056,719	'	'	'	'
Stock Repurchase Program, Authorized Amount	20,000,000	'	'	'	10,000,000	'	'
Stock Repurchased During Period, Shares (in Shares)	'	'	'	'	'	35,769	'
Stock Repurchased During Period, Value	'	'	'	'	'	$259,875	'

Note_11_Stockholderss_Equity_D1

Note 11 - Stockholders's Equity (Details) - Stockholdersb Equity Transactions (USD $)	1 Months Ended	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2014	Mar. 31, 2013	Jan. 31, 2013
Note 11 - Stockholders's Equity (Details) - Stockholdersb Equity Transactions [Line Items]	'	'	'	'
Common stock (in Shares)	'	'	'	10,056,719
Common stock, amount	'	$11,859,267	'	'
Additional paid-in capital	'	28,632,311	'	'
Deficit	'	-13,329,379	'	'
Accumulated Other Comprehensive Income	'	-244,981	'	'
Total stockholders' equity	'	26,917,218	'	'
Exercise of stock options (in Shares)	'	291,913	14,214	'
Exercise of stock options	'	911,081	'	'
Repurchase and retirement of shares (in Shares)	-6,092	'	'	'
Repurchase and retirement of shares	-82,286	82,286	'	'
Repurchase and retirement of shares	82,286	-82,286	'	'
Stock-based compensation	'	100,977	'	'
Income tax effect related to stock options exercised	'	1,013,800	'	'
Income tax effect related to stock options exercised	'	1,013,800	'	'
Net income for the period	'	476,839	76,579	'
Net income for the period	'	476,839	76,579	'
Unrealized loss on foreign currency forward contracts treated as hedges	'	-363,181	'	'
Reclassification to net income due to settlement of foreign currency forward contracts treated as hedges	'	147,714	'	'
Common stock (in Shares)	'	'	'	10,056,719
Common stock, amount	13,301,296	13,301,296	'	'
Additional paid-in capital	29,133,854	29,133,854	'	'
Deficit	-12,852,540	-12,852,540	'	'
Accumulated Other Comprehensive Income	-460,448	-460,448	'	'
Total stockholders' equity	29,122,162	29,122,162	'	'
Common Stock [Member]	'	'	'	'
Note 11 - Stockholders's Equity (Details) - Stockholdersb Equity Transactions [Line Items]	'	'	'	'
Common stock (in Shares)	'	10,907,063	'	'
Common stock, amount	'	11,859,267	'	'
Exercise of stock options (in Shares)	'	291,913	'	'
Exercise of stock options	'	1,446,903	'	'
Repurchase and retirement of shares (in Shares)	'	-6,092	'	'
Repurchase and retirement of shares	'	-4,874	'	'
Repurchase and retirement of shares	'	4,874	'	'
Common stock (in Shares)	11,192,884	11,192,884	'	'
Common stock, amount	13,301,296	13,301,296	'	'
Additional Paid-in Capital [Member]	'	'	'	'
Note 11 - Stockholders's Equity (Details) - Stockholdersb Equity Transactions [Line Items]	'	'	'	'
Additional paid-in capital	'	28,632,311	'	'
Exercise of stock options	'	-535,822	'	'
Repurchase and retirement of shares	'	-77,412	'	'
Stock-based compensation	'	100,977	'	'
Income tax effect related to stock options exercised	'	1,013,800	'	'
Income tax effect related to stock options exercised	'	1,013,800	'	'
Additional paid-in capital	29,133,854	29,133,854	'	'
Retained Earnings [Member]	'	'	'	'
Note 11 - Stockholders's Equity (Details) - Stockholdersb Equity Transactions [Line Items]	'	'	'	'
Deficit	'	-13,329,379	'	'
Net income for the period	'	476,839	'	'
Net income for the period	'	476,839	'	'
Deficit	-12,852,540	-12,852,540	'	'
Accumulated Other Comprehensive Income (Loss) [Member]	'	'	'	'
Note 11 - Stockholders's Equity (Details) - Stockholdersb Equity Transactions [Line Items]	'	'	'	'
Accumulated Other Comprehensive Income	'	-244,981	'	'
Unrealized loss on foreign currency forward contracts treated as hedges	'	-363,181	'	'
Reclassification to net income due to settlement of foreign currency forward contracts treated as hedges	'	147,714	'	'
Accumulated Other Comprehensive Income	($460,448)	($460,448)	'	'

Note_12_ShareBased_Payments_De

Note 12 - Share-Based Payments (Details) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'	'
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in Shares)	0	37,500
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized	$793,000	'
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition	'2 years	'
Allocated Share-based Compensation Expense	100,977	74,842
Employee Service Share-based Compensation, Allocation of Recognized Period Costs, Capitalized Amount	$0	'

Note_12_ShareBased_Payments_De1

Note 12 - Share-Based Payments (Details) - Stock Option Transactions (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Stock Option Transactions [Abstract]	'	'
Outstanding, beginning of period	1,407,639	2,148,170
Outstanding, beginning of period	$3.80	$2.56
Granted	0	37,500
Granted	'	$5.76
Exercised	-291,913	-14,214
Exercised	$3.12	$2.72
Forfeited	-5,594	-3,453
Forfeited	$5.56	$4.24
Expired	-2,875	'
Expired	$3.40	'
Outstanding, end of period	1,107,257	2,168,003
Outstanding, end of period	$3.97	$2.60
Options exercisable, end of period	753,506	1,761,150
Options exercisable, end of period	$3.15	$2.28

Note_12_ShareBased_Payments_De2

Note 12 - Share-Based Payments (Details) - Summary of Exercise Prices, Weighted Average Remaining Contractual Life and Intrinsic Values of Outstanding Options (USD $)	3 Months Ended
	Mar. 31, 2014	Dec. 31, 2013	Mar. 31, 2013	Dec. 31, 2012
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'	'	'	'
Number Outstanding (in Shares)	1,107,257	1,407,639	2,168,003	2,148,170
Weighted average exercise price per share ,options outstanding	$3.97	$3.80	$2.60	$2.56
Weighted average remaining contractual life (years), options outstanding	'2 years 146 days	'	'	'
Aggregate intrinsic value, options outstanding (in Dollars)	$11,111,128	'	'	'
Number exercisable (in Shares)	753,506	'	1,761,150	'
Weighted average exercise price per share, options exercisable	$3.15	'	$2.28	'
Aggregate intrinsic value, options exercisable (in Dollars)	8,178,768	'	'	'
Exercise Price $0.38 - $0.60 [Member]	'	'	'	'
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'	'	'	'
Exercise price - lower	$1.52	'	'	'
Exercise price - higher	$2.40	'	'	'
Number Outstanding (in Shares)	255,704	'	'	'
Weighted average exercise price per share ,options outstanding	$2.33	'	'	'
Aggregate intrinsic value, options outstanding (in Dollars)	2,984,513	'	'	'
Number exercisable (in Shares)	255,704	'	'	'
Weighted average exercise price per share, options exercisable	$2.33	'	'	'
Aggregate intrinsic value, options exercisable (in Dollars)	2,984,513	'	'	'
Exercise Price $0.62 - $0.70 [Member]	'	'	'	'
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'	'	'	'
Exercise price - lower	$2.48	'	'	'
Exercise price - higher	$2.80	'	'	'
Number Outstanding (in Shares)	356,824	'	'	'
Weighted average exercise price per share ,options outstanding	$2.76	'	'	'
Weighted average remaining contractual life (years), options outstanding	'2 years	'	'	'
Aggregate intrinsic value, options outstanding (in Dollars)	4,010,829	'	'	'
Number exercisable (in Shares)	281,726	'	'	'
Weighted average exercise price per share, options exercisable	$2.75	'	'	'
Aggregate intrinsic value, options exercisable (in Dollars)	3,169,731	'	'	'
Exercise Price $0.73 - $0.94 [Member]	'	'	'	'
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'	'	'	'
Exercise price - lower	$2.92	'	'	'
Exercise price - higher	$3.76	'	'	'
Number Outstanding (in Shares)	155,919	'	'	'
Weighted average exercise price per share ,options outstanding	$3.02	'	'	'
Weighted average remaining contractual life (years), options outstanding	'2 years 292 days	'	'	'
Aggregate intrinsic value, options outstanding (in Dollars)	1,712,347	'	'	'
Number exercisable (in Shares)	106,215	'	'	'
Weighted average exercise price per share, options exercisable	$3.06	'	'	'
Aggregate intrinsic value, options exercisable (in Dollars)	1,161,627	'	'	'
Exercise Price $1.05 - $2.23 [Member]	'	'	'	'
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'	'	'	'
Exercise price - lower	$4.20	'	'	'
Exercise price - higher	$10.16	'	'	'
Number Outstanding (in Shares)	338,810	'	'	'
Weighted average exercise price per share ,options outstanding	$6.91	'	'	'
Weighted average remaining contractual life (years), options outstanding	'4 years 219 days	'	'	'
Aggregate intrinsic value, options outstanding (in Dollars)	2,403,439	'	'	'
Number exercisable (in Shares)	109,861	'	'	'
Weighted average exercise price per share, options exercisable	$6.15	'	'	'
Aggregate intrinsic value, options exercisable (in Dollars)	$862,897	'	'	'

Note_13_Fair_Value_Measurement2

Note 13 - Fair Value Measurement (Details) - Summary of the Fair Values of the Company's Derivative Instrument Assets (USD $)	Mar. 31, 2014	Dec. 31, 2013
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Derivative instrument asset	$905,951	$491,098
Fair Value, Inputs, Level 2 [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Derivative instrument asset	$905,951	$491,098