Tucows (TCX) 10-Q8 May 192019 Q1 Quarterly reportFinancial data

Company Profile

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
Document And Entity Information - shares	Mar. 31, 2019	May 06, 2019
Document Information [Line Items]
Entity Registrant Name	TUCOWS INC /PA/
Entity Central Index Key	0000909494
Trading Symbol	tcx
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Current Reporting Status	Yes
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Common Stock, Shares Outstanding (in shares)		10,654,861
Document Type	10-Q
Document Period End Date	Mar. 31, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q1
Amendment Flag	false

Consolidated Balance Sheets (Cu

Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands		Mar. 31, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents		$ 11,035	$ 12,637	[1]
Accounts receivable, net of allowance for doubtful accounts of $131 as of March 31, 2019 and $132 as of December 31, 2018		13,120	10,837	[1]
Inventory		3,367	3,775	[1]
Prepaid expenses and deposits		16,498	15,472	[1]
Prepaid domain name registry and ancillary services fees, current portion (note 11)		99,962	87,782	[1]
Income taxes recoverable		2,048	1,423	[1]
Total current assets		146,030	131,926	[1]
Prepaid domain name registry and ancillary services fees, long-term portion (note 11)		18,599	18,745	[1]
Property and equipment		55,486	48,065	[1]
Right of use operating lease asset (note 12)		12,206
Contract costs		1,371	1,390	[1]
Intangible assets (note 6)		61,991	49,395	[1]
Goodwill (note 6)		109,777	90,054
Total assets		405,460	339,575	[1]
Current liabilities:
Accounts payable		8,459	8,445	[1]
Accrued liabilities		8,055	5,899	[1]
Customer deposits		14,571	11,919	[1]
Derivative instrument liability (note 5)		353	1,276	[1]
Deferred rent, current portion			21	[1]
Operating lease liability, current portion (note 12)		1,917
Loan payable, current portion (note 7)		24,788	18,400	[1]
Deferred revenue, current portion		131,801	116,734	[1]
Accreditation fees payable, current portion		1,076	985	[1]
Income taxes payable		702	1,668	[1]
Total current liabilities		191,722	165,347	[1]
Deferred revenue, long-term portion		27,618	26,960	[1]
Accreditation fees payable, long-term portion		239	250	[1]
Deferred rent, long-term portion			116	[1]
Operating lease liability, long-term portion (note 12)		9,793
Loan payable, long-term portion (note 7)		68,026	46,201	[1]
Deferred tax liability	[1]	24,621	20,925
Stockholders' equity (note 14)
Preferred stock - no par value, 1,250,000 shares authorized; none issued and outstanding		0	0	[1]
Common stock - no par value, 250,000,000 shares authorized; 10,643,750 shares issued and outstanding as of March 31, 2019 and 10,627,988 shares issued and outstanding as of December 31, 2018		16,188	15,823	[1]
Additional paid-in capital		3,844	3,953	[1]
Retained earnings		63,609	60,810	[1]
Accumulated other comprehensive income (loss)		(200)	(810)	[1]
Total stockholders' equity		83,441	79,776	[1]
Total liabilities and stockholders' equity		405,460	339,575	[1]
Commitments and contingencies (note 17)

[1]	The Company has initially applied ASC 2016-02 (Topic 842) using the modified retrospective method. Under this method, the comparative information is not restated.

Consolidated Balance Sheets (_2

Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ / shares in Thousands, $ in Thousands	Mar. 31, 2019	Dec. 31, 2018	[1]
Accounts receivable, allowance for doubtful accounts	$ 131	$ 132
Preferred stock, no par value (in dollars per share)	$ 0	$ 0
Preferred stock, shares authorized (in shares)	1,250,000	1,250,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, no par value (in dollars per share)	$ 0	$ 0
Common stock, shares authorized (in shares)	250,000,000	250,000,000
Common stock, shares issued (in shares)	10,643,750	10,627,988
Common stock, shares outstanding (in shares)	10,643,750	10,627,988

[1]	The Company has initially applied ASC 2016-02 (Topic 842) using the modified retrospective method. Under this method, the comparative information is not restated.

Consolidated Statements of Oper

Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Net revenues (note 10)	$ 78,953	$ 95,795	[1],[2]
Cost of revenues (note 10)
Cost of revenues	51,932	68,972	[2]
Network expenses	2,395	2,574	[2]
Depreciation of property and equipment	1,801	1,131	[2]
Amortization of intangible assets	174	499	[2]
Total cost of revenues	56,302	73,176	[2],[3]
Gross profit	22,651	22,619	[2]
Expenses:
Sales and marketing	8,741	8,365	[2]
Technical operations and development	2,523	2,095	[2]
General and administrative	4,448	4,530	[2]
Depreciation of property and equipment	124	101	[2]
Amortization of intangible assets (note 6)	1,866	1,832	[2]
Loss (gain) on currency forward contracts (note 5)	(79)	(3)	[2]
Total expenses	17,623	16,920	[2]
Income from operations	5,028	5,699	[2]
Other income (expenses):
Interest expense, net	(972)	(896)	[2]
Other income, net		124	[2]
Total other income (expenses)	(972)	(772)	[2]
Income before provision for income taxes	4,056	4,927	[2]
Provision for income taxes (note 8)	1,257	1,183
Net income before redeemable non-controlling interest	2,799	3,744	[2]
Redeemable non-controlling interest		(26)	[2]
Net income attributable to redeemable non-controlling interest		26	[2]
Net income for the period	2,799	3,744	[2],[4]
Other comprehensive income, net of tax
Unrealized income (loss) on hedging activities (note 5)	549	17	[2]
Net amount reclassified to earnings (note 5)	61		[2]
Other comprehensive income (loss) net of tax (expense) recovery of ($194) and ($6) for the periods ended March 31, 2019 and March 31, 2018, respectively (note 5)	610	17
Comprehensive income, net of tax for the period	$ 3,409	$ 3,761	[2]
Basic earnings per common share (note 9) (in dollars per share)	$ 0.26	$ 0.35	[2]
Shares used in computing basic earnings per common share (note 9) (in shares)	10,634,842	10,588,718	[2]
Diluted earnings per common share (note 9) (in dollars per share)	$ 0.26	$ 0.35	[2]
Shares used in computing diluted earnings per common share (note 9) (in shares)	10,835,897	10,792,613	[2]

[1]	As a result of the bulk transfer of 2.65 million domain names to Namecheap on January 5th, 2018, recognized revenue for the three months ended March 31, 2018 includes $14.6 million related to previously deferred revenue for these names.
[2]	The Company has initially applied ASC 2016-02 (Topic 842) using the modified retrospective method. Under this method, the comparative information is not restated.
[3]	As a result of the bulk transfer of 2.65 million domain names to Namecheap on January 5th, 2018, recognized cost of sales for the three months ended March 31, 2018 includes $14.5 million related to prepaid costs for these names.
[4]	The Company has initially applied ASC 2016-02 (Topic 842) using the modified retrospective method. Under this method, the comparative information is not restated.

Consolidated Statements of Op_2

Consolidated Statements of Operations and Comprehensive Income (Unaudited) (Parentheticals) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Other comprehensive income (loss), tax	$ (194)	$ (6)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019		Mar. 31, 2018
Operating activities:
Net income for the period	$ 2,799		$ 3,744	[1],[2]
Items not involving cash:
Depreciation of property and equipment	1,925		1,232	[2]
Loss on write off of property and equipment	(22)			[2]
Amortization of debt discount and issuance costs	78		70	[2]
Amortization of intangible assets	2,040		2,331	[2]
Net amortization contract costs	19		25	[2]
Deferred income taxes (recovery)	462		(47)	[2]
Excess tax benefits on share-based compensation expense	(356)		(144)	[2]
Net Right of use operating assets/Operating lease liability	(30)
Loss on disposal of domain names	4		37	[2]
Other income			(129)	[2]
Loss (gain) on change in the fair value of forward contracts	(118)		(3)	[2]
Stock-based compensation	525		578	[2]
Change in non-cash operating working capital:
Accounts receivable	(1,188)		(309)	[2]
Inventory	408		46	[2]
Prepaid expenses and deposits	(390)		(525)	[2]
Prepaid domain name registry and ancillary services fees	(1,716)		11,344	[2]
Income taxes recoverable	(1,236)		265	[2]
Accounts payable	786		2,132	[2]
Accrued liabilities	1,321		759	[2]
Customer deposits	287		(2,275)	[2]
Deferred revenue	3,269		(9,598)	[2]
Accreditation fees payable	80		40	[2]
Net cash provided by operating activities	8,991		9,573	[2]
Financing activities:
Proceeds received on exercise of stock options	71		7	[2]
Payment of tax obligations resulting from net exercise of stock options	(340)		(147)	[2]
Proceeds received on loan payable	32,940			[2]
Repayment of loan payable	(4,600)		(4,572)	[2]
Payment of loan payable costs	(205)		(4)	[2]
Net cash (used in) provided by financing activities	27,866		(4,716)	[2]
Investing activities:
Additions to property and equipment	(10,435)		(5,117)	[2]
Acquisition of a portion of the minority interest in Ting Virginia, LLC (note 4(a))			(1,200)	[2]
Acquisition of Ascio Technologies, net of cash of $1,437 (note 4(b))	(28,024)
Acquisition of intangible assets			(1)	[2]
Net cash used in investing activities	(38,459)		(6,318)
(Decrease) increase in cash and cash equivalents	(1,602)		(1,461)	[2]
Cash and cash equivalents, beginning of period	12,637	[3]	18,049	[2]
Cash and cash equivalents, end of period	11,035		16,588	[2]
Supplemental cash flow information:
Interest paid	976		901	[2]
Income taxes paid, net	2,118		1,337	[2]
Supplementary disclosure of non-cash investing and financing activities:
Property and equipment acquired during the period not yet paid for	$ 392		$ 398	[2]

[1]	The Company has initially applied ASC 2016-02 (Topic 842) using the modified retrospective method. Under this method, the comparative information is not restated.
[2]	The Company has initially applied ASC 2016-02 (Topic 842) using the modified retrospective method. Under this method, the comparative information is not restated.
[3]	The Company has initially applied ASC 2016-02 (Topic 842) using the modified retrospective method. Under this method, the comparative information is not restated.

Consolidated Statements of Ca_2

Consolidated Statements of Cash Flows (Unaudited) (Parentheticals) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Cash acquired in business acquisition	$ 1,437

Note 1 - Organization of the Co

Note 1 - Organization of the Company	3 Months Ended
Note 1 - Organization of the Company	Mar. 31, 2019
Notes to Financial Statements
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	1. Tucows Inc. (referred to throughout this report as the “Company”, “Tucows”, “we”, “us” or through similar expressions) provides simple useful services that help people unlock the power of the Internet. The Company provides U.S. consumers and small businesses with mobile phone services nationally and high-speed fixed Internet access in selected towns. The Company is also a global distributor of Internet services, including domain name registration, digital certificates, and email. It provides these services primarily through a global Internet-based distribution network of Internet Service Providers, web hosting companies and other providers of Internet services to end-users.

Note 2 - Basis of Presentation

Note 2 - Basis of Presentation	3 Months Ended
Note 2 - Basis of Presentation	Mar. 31, 2019
Notes to Financial Statements
Basis of Accounting [Text Block]	2. 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, 2019 March 31, 2019 2018. 10 not may The accompanying unaudited interim consolidated financial statements have been prepared by Tucows in accordance with the rules and regulations of the United States Securities and Exchange Commission (the “SEC”). Certain information and footnote disclosures normally included in the Company's annual audited consolidated financial statements and accompanying notes have been condensed or omitted. Other than the exception noted below, 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, 2018 2018 10 March 5, 2019 “2018 no three March 31, 2019 2018 3

Note 3 - Recent Accounting Pron

Note 3 - Recent Accounting Pronouncements	3 Months Ended
Note 3 - Recent Accounting Pronouncements	Mar. 31, 2019
Notes to Financial Statements
New Accounting Pronouncements and Changes in Accounting Principles [Text Block]	3. Recent Accounting Pronouncements Adopted ASU 2016 - 02: Adoption of Leases (Topic 842 The Company adopted ASU No. 2016 02, Leases 842 2016 02” January 1, 2019. The Company has elected to apply ASU 2016 02 2018 11, January 1, 2019 not 840. The Company elected the practical expedient not The Company elected the practical expedient to separate non-lease components from the associated lease components for its existing datacenter, corporate offices and fiber-optic cable leases at transition. As a result of adopting ASU 2016 02, $8.8 $8.3 January 1, 2019. $0.5 $0.1 $0.6 no 2016 02 not ASU 2017 - 12 Derivatives and Hedging (Topic 8 15 ) In August 2017, No. 2017 12, Derivatives and Hedging (Topic 815 ): Targeted Improvements to Accounting for Hedging Activities 2017 12” December 15, 2018. 2017 12 first 2019 not Recent Accounting Pronouncements Not In August 2018, No. 2018 15, Intangibles—Goodwill and Other—Internal-Use Software 350 40 2018 15” 2018 15 not 2018 15 2018 15 December 15, 2019, 2018 15,

Note 4 - Acquisitions

Note 4 - Acquisitions	3 Months Ended
Note 4 - Acquisitions	Mar. 31, 2019
Notes to Financial Statements
Business Combination Disclosure [Text Block]	4. (a) Blue Ridge Websoft On February 27, 2015, one 70% $3.5 On February 1, 2017, 20% $2.0 On February 13, 2018, 10% $1.2 February 13, 2018 $1.2 10% (b) Ascio On March 18, 2019, $29.5 $29.44 $21,205 The Company has prepared a preliminary purchase price allocation of the assets acquired and the liabilities assumed of Ascio based on management’s best estimates of fair value. The final purchase price allocation may September 30, 2019. Goodwill $ 19,723 Cash 1,437 Brand 2,020 Developed technology 2,420 Customer relationships 10,200 Prepaid domain registry fees 10,318 Other assets 2,328 Total assets 48,446 Deferred Revenue (12,456 ) Deferred Tax Liabilities (3,038 ) Other liabilities (3,491 ) Total liabilities (18,985 ) Preliminary consideration paid $ 29,461 As required by Accounting Standards Codification (“ASC”) 805, All definite life intangible assets acquired, including brand, developed technology and customer relationships will be amortized over 7 The goodwill related to this acquisition is primarily attributable to synergies expected to arise from the acquisition and is not In connection with this acquisition, the Company incurred total acquisition related costs of $0.5 $0.3 three March 31, 2019. The following table presents selected unaudited pro forma information for the Company assuming the acquisition of Ascio had occurred as of January 1, 2018. not Three months ended March 31, Three months ended March 31, Dollar amounts in thousands of U.S. Dollars 2019 2018 Net revenues $ 83,668 $ 101,379 Net income 2,865 3,119 Basic earnings per common share 0.27 0.29 Diluted earnings per common share $ 0.26 $ 0.29 The amount of revenue recognized by since the acquisition date included in the consolidated statements of operations and comprehensive income statement for the three March 31, 2019 $0.8 The net income recognized since the acquisition date included in the consolidated statements of operations and comprehensive income for the three March 31, 2019 $0.1

Note 5 - Derivative Instruments

Note 5 - Derivative Instruments and Hedging Activities	3 Months Ended
Note 5 - Derivative Instruments and Hedging Activities	Mar. 31, 2019
Notes to Financial Statements
Derivative Instruments and Hedging Activities Disclosure [Text Block]	5. Foreign currency forward contracts In October 2012, not one eighteen The Company has designated certain of these transactions as cash flow hedges of forecasted transactions and foreign currency denominated liabilities under ASC Topic 815, Derivatives and Hedging 815” 815, March 31, 2019, January 1, 2019, As of March 31, 2019, $30.6 $27.9 December 31, 2018, $40.5 $36.5 Maturity date (Dollar amounts in thousands of U.S. dollars) Notional amount of U.S. dollars Weighted average exchange rate of U.S. dollars Fair Value April - June 2019 $ 10,381 $ 1.3154 $ 142 July - September 2019 9,881 1.3136 127 October - December 2019 10,327 1.3174 84 $ 30,589 $ 1.3155 $ 353 Fair value of derivative instruments and effect of derivative instruments on financial performance The effect of these derivative instruments on our consolidated financial statements were as follows (amounts presented do not Fair value of derivative instruments in the consolidated balance sheets Derivatives (Dollar amounts in thousands of U.S. dollars) Balance Sheet Location As of March 31, 2019 As of December 31, 2018 Foreign Currency forward contracts designated as cash flow hedges (net) Derivative instruments $ 264 $ 1,069 Foreign Currency forward contracts not designated as cash flow hedges (net) Derivative instruments 89 207 Total foreign currency forward contracts (net) Derivative instruments $ 353 $ 1,276 Movement in AOCI balance for the three March 3 1 , 201 9 : Gains and losses on cash flow hedges Tax impact Total AOCI Opening AOCI balance - December 31, 2018 $ (1,069 ) $ 259 $ (810 ) Other comprehensive income (loss) before reclassifications 725 (176 ) 549 Amount reclassified from AOCI 79 (18 ) 61 Other comprehensive income (loss) for the three months ended March 31, 2019 804 (194 ) 610 Ending AOCI Balance - March 31, 2019 $ (265 ) $ 65 $ (200 ) Effects of derivative instruments on income and OCI for the three months ended Marc h 3 1 , 201 9 are as follows Derivatives in Cash Flow Hedging Relationship Amount of Gain or (Loss) Recognized in OCI, net of tax, on Derivative Location of Gain or (Loss) Reclassified from AOCI into Income (Effective Portion) Amount of Gain or (Loss) Reclassified from AOCI into Income (Effective Portion) Location of Gain or (Loss) Recognized in Income on Derivative (ineffective Portion and Amount Excluded from Effectiveness Testing) Amount of Gain or (Loss) Recognized in Income on Derivative (ineffective Portion and Amount Excluded from Effectiveness Testing) Operating expenses $ (64 ) $ - $ - Foreign currency forward contracts for the three months ended March 31, 2019 $ 610 Cost of revenues $ (15 ) $ - $ - Foreign currency forward contracts for the three months ended March 31, 2018 $ - Operating expenses $ - $ - $ - Cost of revenues $ - $ - $ - In addition to the above, for those foreign currency forward contracts not $0.1 three March 31, 2019 ( nil three March 31, 2018) $0.1 three March 31, 2019 ( $0.1 three March 31, 2018),

Note 6 - Goodwill and Other Int

Note 6 - Goodwill and Other Intangible Assets	3 Months Ended
Note 6 - Goodwill and Other Intangible Assets	Mar. 31, 2019
Notes to Financial Statements
Goodwill and Intangible Assets Disclosure [Text Block]	6. Goodwill Goodwill represents the excess of the purchase price over the fair value of tangible and identifiable intangible assets acquired and liabilities assumed in our acquisitions. The Company's Goodwill balance is $109.8 March 31, 2019 ( December 31, 2018 – $90.1 $19.7 December 31, 2018, 4 98% $107.6 2% $2.2 Goodwill is not Other Intangible Assets: Intangible assets consist of acquired brand, technology, customer relationships, surname domain names, direct navigation domain names and network rights. The Company considers its intangible assets consisting of surname domain names and direct navigation domain names as indefinite life intangible assets. The Company has the exclusive right to these domain names as long as the annual renewal fees are paid to the applicable registry. Renewals occur routinely and at a nominal cost. The indefinite life intangible assets are not March 31, 2019 March 31, 2018, June 2006 not Intangible assets, comprising brand, technology, customer relationships and network rights are being amortized on a straight-line basis over periods of two fifteen A summary of acquired intangible assets for the three March 31, 2019 (Dollar amounts in thousands of U.S. dollars) Surname domain names Direct navigation domain names Brand Customer relationships Technology Network rights Total Amortization period indefinite life indefinite life 7 years 3-7 years 2 - 7 years 15 years Balances December 31, 2018 $ 11,176 $ 1,245 $ 9,004 $ 27,292 $ 163 $ 515 $ 49,395 Acquisition of Ascio Technologies, Inc. (note 4 (b)) - - 2,020 10,200 2,420 - 14,640 Acquisition of customer relationships - - - - - - - Additions to/(disposals from) domain portfolio, net (1 ) (3 ) - - - - (4 ) Amortization expense - - (449 ) (1,408 ) (171 ) (12 ) (2,040 ) Balances March 31, 2019 $ 11,175 $ 1,242 $ 10,575 $ 36,084 $ 2,412 $ 503 $ 61,991 The following table shows the estimated amortization expense in future periods, assuming no (Dollar amounts in thousands of U.S. dollars) March 31, 2019 Remainder of 2019 7,064 2020 9,418 2021 9,408 2022 9,279 2023 9,279 Thereafter 5,126 Total 49,574 As of March 31, 2019, $26.6 December 31, 2018, $24.5

Note 7 - Loan Payable

Note 7 - Loan Payable	3 Months Ended
Note 7 - Loan Payable	Mar. 31, 2019
Notes to Financial Statements
Debt Disclosure [Text Block]	7. 2017 Amended Credit Facility On January 20, 2017, “2017 $140 In connection with the 2017 $0.6 The obligations of the Company under the 2017 first 2017 four The 2017 four 2017 $140 ● a $5 ● a $15 ● a $35.5 ● a $84.5 On March 18, 2019, 2017 4 2017 $9 $6 $9 $44.5 2017 We incurred costs associated with the Second Amendment to the 2017 $0.2 Borrowings under the 2017 The repayment terms for Facility A require monthly interest payments with any final principal payment becoming due upon maturity of the 2017 December 31st first first four five seven 2017 2.25:1 December 31 50% The 2017 2017 four 2.25:1; 1.20:1. $65.0 not $20 $40 not 1.5 twelve March 31, 2019, March 31, 2018, Borrowings under the 2017 If Total Funded Debt to EBITDA is: Availment type or fee Less than 1.00 Greater than or equal to 1.00 and less than 2.00 Greater than or equal to 2.00 and less than 2.25 Greater than or equal to 2.25 Canadian dollar borrowings based on Bankers’ Acceptance or U.S. dollar borrowings based on LIBOR (Margin) 2.00 % 2.25 % 2.75 % 3.25 % Canadian or U.S. dollar borrowings based on Prime Rate or U.S. dollar borrowings based on Base Rate (Margin) 0.75 % 1.00 % 1.50 % 2.00 % Standby fees 0.40 % 0.45 % 0.55 % 0.65 % The following table summarizes the Company’s borrowings under Facilities A – D (Dollar amounts in thousands of U.S. dollars ) March 31, 2019 December 31, 2018 Facility A $ 1,000 $ 1,000 Facility B 5,786 6,000 Facility C 36,012 3,232 Facility D 50,699 54,924 Less: unamortized debt discount and issuance costs (683 ) (555 ) Total loan payable $ 92,814 $ 64,601 Less: loan payable, current portion (24,788 ) (18,400 ) Loan payable, long-term portion $ 68,026 $ 46,201 The following table summarizes our scheduled principal repayments as of March 31, 2019 ( Remainder of 2019 18,591 2020 24,788 2021 50,118 93,497 Other Credit Facilit ies Prior to the Company entering into the 2017 The treasury risk management facility under the Prior Credit Facilities provides for a $3.5 may not 18 March 31, 2019, $30.6 5

Note 8 - Income Taxes

Note 8 - Income Taxes	3 Months Ended
Note 8 - Income Taxes	Mar. 31, 2019
Notes to Financial Statements
Income Tax Disclosure [Text Block]	8. For the three 31, 2019, $1.3 $4.1 December 31, 2019 ( 2019” $0.4 2016 09, three March 31, 2018, $1.2 $4.9 2018 $0.1 2016 09. In assessing the realizability of deferred tax assets, management considers whether it is more likely than not not The Company recognizes accrued interest and penalties related to income taxes in income tax expense. The Company did not March 31, 2019 December 31, 2018, In Fiscal 2017, 2018, not not may

Note 9 - Basic and Diluted Earn

Note 9 - Basic and Diluted Earnings Per Common Share	3 Months Ended
Note 9 - Basic and Diluted Earnings Per Common Share	Mar. 31, 2019
Notes to Financial Statements
Earnings Per Share [Text Block]	9. Basic earnings per common share has been calculated on the basis of net income for the period divided by the weighted average number of common shares outstanding during each year. Diluted earnings per share gives effect to all dilutive potential common shares outstanding at the end of the year assuming that they had been issued, converted or exercised at the later of the beginning of the year or their date of issuance. 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 share equivalents or the proceeds of the exercise of options. The following table reconciles the numerators and denominators of the basic and diluted earnings per common share computation (Dollar amounts in thousands of U.S. dollars, except per share amounts): Three months ended March 31, 2019 2018 Numerator for basic and diluted earnings per common share: Net income for the period 2,799 3,744 Denominator for basic and diluted earnings per common share: Basic weighted average number of common shares outstanding 10,634,842 10,588,718 Effect of outstanding stock options 201,055 203,895 Diluted weighted average number of shares outstanding 10,835,897 10,792,613 Basic earnings per common share 0.26 0.35 Diluted earnings per common share 0.26 0.35 For the three March 31, 2019, 121,300 not three March 31, 2018, 333,300 not During the three March 31, 2019, not February 13, 2019, February 13, 2020, February 14 2018 February 13, 2019. During the three March 31, 2018, no February 14, 2018, February 13, 2019 March 1 2017, February 14 2018.

Note 10 - Revenue

Note 10 - Revenue	3 Months Ended
Note 10 - Revenue	Mar. 31, 2019
Notes to Financial Statements
Revenue from Contract with Customer [Text Block]	10. Nature of goods and services The following is a description of principal activities – separated by reportable segments – from which the Company generates its revenue. For more detailed information about reportable segments. See Note 13 (a) Network Access Services The Company generates Network Access Services revenues primarily through the provisioning of mobile services (“Ting Mobile”). Other sources of revenue include the provisioning of fixed high-speed Internet access (“Ting Internet”) as well as billing solutions to Internet Service Providers (“ISPs”). Ting wireless usage contracts grant customers access to standard talk, text and data mobile services. Ting mobile contracts are billed based on the actual amount of monthly services utilized by each customer during their billing cycle and charged to customers on a postpaid basis. Voice minutes, text messages and megabytes of data are each billed separately based on a tiered pricing program. The Company recognizes revenue for Ting mobile usage based on the actual amount of monthly services utilized by each customer. Ting Internet contracts provide customers Internet access at their home or business through the installation and use of our fiber optic network. Ting Internet contracts are generally prepaid and grant customers with unlimited bandwidth based on a fixed price per month basis. Because consideration is collected before the service period, revenue is initially deferred and recognized as the Company performs its obligation to provide Internet access. Though the Company does not Both Ting Mobile and Ting Internet access services are primarily contracted through the Ting website, for one no not Our Roam Mobility brand also offers standard talk, text and data mobile services. Roam Mobility customers prepay for their usage through the Roam Mobility website. When prepayments are received the amount is deferred, and subsequently recognized as the Company satisfies its obligation to provide mobile services. In addition, revenues associated with the sale of SIM cards are recognized when title and risk of loss is transferred to the subscriber and shipment has occurred. Incentive marketing credits given to customers are recorded as a reduction of revenue. In those cases, where payment is not not (b) Domain Services Domain registration contracts, which can be purchased for terms of one ten Domain related value-added services like digital certifications, WHOIS privacy and hosted email provide our resellers and retail registrant customers tools and additional functionality to be used in conjunction with domain registrations. All domain related value-added services are considered distinct performance obligations which transfer the promised service to the customer over the contracted term. Fees charged to customers for domain related value-added services are collected at the inception of the contract, and revenue is recognized on a straight-line basis over the contracted term, consistent with the satisfaction of the performance obligations. The Company is an ICANN accredited registrar. Thus, the Company is the primary obligor with our reseller and retail registrant customers and is responsible for the fulfillment of our registrar services to those parties. As a result, the Company reports revenue in the amount of the fees we receive directly from our reseller and retail registrant customers. Our reseller customers maintain the primary obligor relationship with their retail customers, establish pricing and retain credit risk to those customers. Accordingly, the Company does not The Company also sells the rights to the Company’s portfolio domains or names acquired through the Company’s domain expiry stream. Revenue generated from sale of domain name contracts, containing a distinct performance obligation to transfer the domain name rights under the Company’s control, is generally recognized once the rights have been transferred and payment has been received in full. Advertising revenue is derived through domain parking monetization, whereby the Company contracts with third no Disaggregation of Revenue The following is a summary of the Company’s revenue earned from each significant revenue stream (Dollar amounts in thousands of U.S. dollars): Three months ended March 31, 2019 2018 (1) Network Access Services: Mobile Services $ 20,809 $ 21,872 Other Services 2,443 1,736 Total Network Access Services 23,252 23,608 Domain Services Wholesale Domain Services 42,591 58,428 Value Added Services 4,184 4,434 Total Wholesale 46,775 62,862 Retail 8,642 8,436 Portfolio 284 889 Total Domain Services 55,701 72,187 $ 78,953 $ 95,795 1 2.65 January 5th, 2018, three March 31, 2018 $14.6 During the three March 31, 2019, no 10% three March 31, 2018, one 18% March 31, 2019 December 31, 2018, no 10% The following is a summary of the Company’s cost of revenue from each significant revenue stream (Dollar amounts in thousands of U.S. dollars): Three months ended March 31, 2019 2018 (1) Network Access Services: Mobile Services $ 10,743 $ 11,266 Other Services 1,069 941 Total Network Access Services 11,812 12,207 Domain Services Wholesale Domain Services 34,839 51,314 Value Added Services 794 857 Total Wholesale 35,633 52,171 Retail 4,359 4,409 Portfolio 128 185 Total Domain Services 40,120 56,765 Network Expenses: Network, other costs 2,395 2,574 Network, depreciation and amortization costs 1,975 1,630 4,370 4,204 $ 56,302 $ 73,176 1 2.65 January 5th, 2018, three March 31, 2018 $14.5 Contract Balances The following table provides information about contract liabilities (deferred revenue) from contracts with customers. The Company accounts for contract assets and liabilities on a contract-by-contract basis, with each contract presented as either a net contract asset or a net contract liability accordingly. Given that Company’s long-term contracts with customers are billed in advance of service, the Company’s contract liabilities relate to amounts recorded as deferred revenues. The Company does not not Deferred revenue primarily relates to the portion of the transaction price received in advance related to the unexpired term of domain name registrations and other domain related value-added services, on both a wholesale and retail basis, net of external commissions. The opening balance of deferred revenue was $143.7 January 1, 2019. Deferred Revenue Three months ended March 31, 2019 Balance, beginning of period $ 143,694 Acquired in a business combination 1 12,456 Deferred revenue 59,991 Recognized revenue 2 (56,722 ) Balance, end of period $ 159,419 1 March 18, 2019. 1 10 805, Remaining Performance Obligations: For mobile and internet access services, where the performance obligation is part of contracts that have an original expected duration of one one not Although domain registration contracts are deferred over the lives of the individual contracts, which can range from one ten 80 twelve Deferred revenue related to Roam Mobility and Exact hosting contracts are also deferred over the lives of the individual contracts, which are expected to be fully recognized within the next twelve

Note 11 - Costs to Obtain and F

Note 11 - Costs to Obtain and Fulfill a Contract	3 Months Ended
Note 11 - Costs to Obtain and Fulfill a Contract	Mar. 31, 2019
Notes to Financial Statements
Capitalized Contract Costs [Text Block]	11. Deferred costs of fulfillment Deferred costs to fulfill contracts generally consist of domain registration costs which have been paid to a domain registry, and are capitalized as Prepaid domain name registry and ancillary services fees. These costs are deferred and amortized over the life of the domain which generally ranges from one ten three March 31, 2019, $43.3 $41.5 $10.3 March 18, 2019. three March 31, 2019 Three months ended Balance, beginning of period $ 106,527 Acquired in a business combination 1 10,318 Capitalization of costs 43,260 Amortization of costs (41,544 ) Balance, end of period $ 118,561 1 March 18, 2019. 1 10

Note 12 - Leases

Note 12 - Leases	3 Months Ended
Note 12 - Leases	Mar. 31, 2019
Notes to Financial Statements
Lessee, Operating Leases [Text Block]	12. Leases We lease datacenters, corporate offices and fiber-optic cables under operating leases. The Company does not Our leases have remaining lease terms of 1 19 may 5 may 1 We have elected to consider leases with a term of 12 not The Company elected the practical expedient not As most of our leases do not For corporate offices, datacenter and fiber-optic cable leases, the Company has elected the practical expedient to combine lease and non-lease components. Description of leases The components of lease expense were as follows (Dollar amounts in thousands of U.S. dollars): Three months ended, March 31, 2019 Operating Lease Cost (leases with a total term greater than 12 months) $ 1,071 Short-term Lease Cost (leases with a term of 12 months or less) 124 Variable Lease Cost 171 Total Lease Cost $ 1,366 Lease Cost is presented in general and administrative expenses and network expenses within our consolidated statements of operations and comprehensive income. Information related to leases was as follows (Dollar amounts in thousands of U.S. dollars): Three months ended, March 31, 2019 Supplemental cashflow information: Operating Lease - Operating Cash Flows (Fixed Payments) $ 1,051 Operating Lease - Operating Cash Flows (Liability Reduction) $ 948 New ROU Assets - Operating Leases $ 4,889 Other information: Weighted Average Remaining Lease Term 5.24% (5.06% at Jan 1, 2019) Weighted Average Discount Rate 8.55 years (5.52 years at Jan 1, 2019) Maturity of lease liability as of March 31, 2019 ( March 31, 2019 Remaining of 2019 $ 2,450 2020 1,832 2021 1,668 2022 1,617 2023 1,538 Thereafter 5,583 Total future lease payments 14,688 Less interest 2,978 Total $ 11,710 Operating lease payments include payments under the non-cancellable term and approximately $2.4 As of March 31, 2019, not $0.1 second 2019 1 In January 2019, $4.6

Note 13 - Segment Reporting

Note 13 - Segment Reporting	3 Months Ended
Note 13 - Segment Reporting	Mar. 31, 2019
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	1 3 . Segment reporting: (a) We are organized and managed based on two 1. Network Access Services 2. Domain Services The Chief Executive Officer (the “CEO”) is the chief operating decision maker and regularly reviews the operations and performance by segment. The CEO reviews gross profit as (a) a key measure of performance for each segment and (b) 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, amortization of intangibles assets, impairment of indefinite life intangible assets, gain on currency forward contracts and other expense net are organized along functional lines and are not not 2 3 10 Information by operating segments (with the exception of disaggregated revenue, which is discussed in Note 10 Three months ended March 31, 2019 Network Access Services Domain Services Consolidated Totals Net Revenues $ 23,252 $ 55,701 $ 78,953 Cost of revenues Cost of revenues 11,812 40,120 51,932 Network expenses 521 1,874 2,395 Depreciation of property and equipment 1,454 347 1,801 Amortization of intangible assets 11 163 174 Total cost of revenues 13,798 42,504 56,302 Gross Profit 9,454 13,197 22,651 Expenses: Sales and marketing 8,741 Technical operations and development 2,523 General and administrative 4,448 Depreciation of property and equipment 124 Amortization of intangible assets 1,866 Loss (gain) on currency forward contracts (79 ) Income from operations 5,028 Other income (expenses), net (972 ) Income before provisions for income taxes $ 4,056 Three months ended March 31, 2018 Network Access Services Domain Services Consolidated Totals Net Revenues $ 23,608 $ 72,187 $ 95,795 Cost of revenues Cost of revenues 12,207 56,765 68,972 Network expenses 490 2,084 2,574 Depreciation of property and equipment 833 298 1,131 Amortization of intangible assets 11 488 499 Total cost of revenues 13,541 59,635 73,176 Gross Profit 10,067 12,552 22,619 Expenses: Sales and marketing 8,365 Technical operations and development 2,095 General and administrative 4,530 Depreciation of property and equipment 101 Amortization of intangible assets 1,832 Loss (gain) on currency forward contracts (3 ) Income from operations 5,699 Other income (expenses), net (772 ) Income before provisions for income taxes $ 4,927 (b) The following is a summary of the Company’s property and equipment by geographic region ( Dollar amounts in thousands of U.S. dollars March 31, 2019 December 31, 2018 Canada $ 2,009 $ 1,393 United States 53,422 46,631 Germany 55 41 $ 55,486 $ 48,065 (c) The following is a summary of the Company’s amortizable intangible assets by geographic region (Dollar amounts in thousands of U.S. dollars): March 31, 2019 December 31, 2018 Canada $ 6,218 $ 6,553 United States 43,356 30,421 $ 49,574 $ 36,974 (d) Valuation and qualifying accounts (Dollar amounts in thousands of U.S. dollars): Allowance for doubtful accounts excluding provision for credit notes Balance at beginning of period Charged to costs and expenses Write-offs during period Balance at end of period Three months ended March 31, 2019 $ 132 $ (1 ) $ - $ 131 Year ended December 31, 2018 $ 168 $ (36 ) $ - $ 132

Note 14 - Stockholders' Equity

Note 14 - Stockholders' Equity	3 Months Ended
Note 14 - Stockholders' Equity	Mar. 31, 2019
Notes to Financial Statements
Stockholders' Equity Note Disclosure [Text Block]	1 4 . Stockholders’ Equity: The following table summarizes stockholders' equity transactions for the three March 31, 2019 ( Common Stock Number Amount Additional Paid in Capital Retained earnings (deficit) Accumulated other comprehensive income (loss) Total stockholders' equity Balance on December 31, 2018 10,627,988 $ 15,823 $ 3,953 $ 60,810 $ (810 ) $ 79,776 Exercise of Stock options 29,043 365 (294 ) - - 71 Shares deducted from exercise of stock options for payment of witholding taxes and exercise consideration (13,281 ) - (340 ) - - (340 ) Stock-based compensation - - 525 - - 525 Net income - - - 2,799 - 2,799 Other comprehensive income (loss) - - - - 610 610 Balances, March 31, 2019 10,643,750 $ 16,188 $ 3,844 $ 63,609 $ (200 ) $ 83,441 2019 On February 13, 2019, $40 $40 February 14, 2019 February 13, 2020. three March 31, 2019, not 2018 On February 14, 2018, $40 February 14, 2018 February 13, 2019. three March 31, 2019 three March 31, 2018, not 2017 On March 1, 2017, $40 March 1, 2017 February 14, 2018. three March 31, 2018, not

Note 15 - Share-based Payments

Note 15 - Share-based Payments	3 Months Ended
Note 15 - Share-based Payments	Mar. 31, 2019
Notes to Financial Statements
Share-based Payment Arrangement [Text Block]	1 5 . Share-based payments Stock options The fair value of each option grant is estimated on the date of grant using the Black-Scholes option-pricing model. 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 Tucows Inc. common shares at the date of grant. Details of stock option transactions for the three March 31, 2019 March 31, 2018 Three months ended March 31, 2019 Three months ended March 31, 2018 Number of Shares Weighted average exercise price per share Number of Shares Weighted average exercise price per share Outstanding, beginning of period $ 702,337 $ 43.80 $ 653,571 $ 36.69 Granted - - 11,000 58.52 Exercised (29,043 ) 24.63 (12,563 ) 7.79 Forfeited (6,751 ) 59.40 (17,125 ) 42.54 Expired (1,387 ) 60.82 - - Outstanding, end of period $ 665,156 $ 44.46 $ 634,883 $ 37.48 Options exercisable, end of period $ 304,007 $ 29.52 $ 245,933 $ 16.62 As of March 31, 2019, Options outstanding Options exercisable Exercise Price Number outstanding Weighted average exercise price per share Weighted average remaining contractual life (years) Aggregate intrinsic value Number outstanding Weighted average exercise price per share Weighted average remaining contractual life (years) Aggregate intrinsic value $5.52 - $8.56 48,633 $ 6.96 0.7 $ 3,610 48,633 $ 6.96 0.7 $ 3,610 $10.16 - $19.95 91,438 16.30 2.2 5,933 90,188 16.25 2.2 5,856 $21.10 - $27.53 61,250 23.62 2.9 3,526 51,250 24.11 2.7 2,925 $35.25 - $37.35 14,375 35.89 4.2 651 11,875 36.02 4.0 536 $43.15 - $47.00 18,500 44.19 4.8 684 11,500 43.99 4.8 428 $53.20 - $58.65 315,608 55.67 5.1 8,052 90,561 55.21 4.8 2,351 $64.10 - $64.10 115,352 64.10 6.2 1,970 - - - - 665,156 $ 44.46 4.4 $ 24,426 304,007 $ 29.52 3.0 $ 15,706 Total unrecognized compensation cost relating to unvested stock options at March 31, 2019, $6.2 2.9 The Company recorded stock-based compensation of $0.5 three March 31, 2019, $0.6 three March 31, 2018. The Company has not

Note 16 - Fair Value Measuremen

Note 16 - Fair Value Measurement	3 Months Ended
Note 16 - Fair Value Measurement	Mar. 31, 2019
Notes to Financial Statements
Fair Value Disclosures [Text Block]	1 6 . Fair value measurement: For financial assets and liabilities recorded in our financial statements at fair value we utilize a valuation hierarchy for disclosure of the inputs to valuation used to measure fair value. This hierarchy prioritizes the inputs into three 1 2 3 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, 2019 ( Dollar amounts in thousands of U.S. dollars March 31, 2019 Fair Value Measurement Using Liabilities at Fair Level 1 Level 2 Level 3 value Derivative Instrument liability Total Liabilities $ $ 353 $ $ 353 December 31, 2018 Fair Value Measurement Using Liabilities at Fair Level 1 Level 2 Level 3 value Derivative Instrument liability Total Liabilities $ $ 1,276 $ $ 1,276

Note 17 - Contingencies

Note 17 - Contingencies	3 Months Ended
Note 17 - Contingencies	Mar. 31, 2019
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	1 7 . Contingencies From time to time, the Company has legal claims and lawsuits in connection with its ordinary business operations. The Company vigorously defends such claims. While the final outcome with respect to any actions or claims outstanding or pending as of March 31, 2019 not

Note 4 - Acquisitions (Tables)

Note 4 - Acquisitions (Tables)	3 Months Ended
Note 4 - Acquisitions (Tables)	Mar. 31, 2019
Notes Tables
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]	Goodwill $ 19,723 Cash 1,437 Brand 2,020 Developed technology 2,420 Customer relationships 10,200 Prepaid domain registry fees 10,318 Other assets 2,328 Total assets 48,446 Deferred Revenue (12,456 ) Deferred Tax Liabilities (3,038 ) Other liabilities (3,491 ) Total liabilities (18,985 ) Preliminary consideration paid $ 29,461
Business Acquisition, Pro Forma Information [Table Text Block]	Three months ended March 31, Three months ended March 31, Dollar amounts in thousands of U.S. Dollars 2019 2018 Net revenues $ 83,668 $ 101,379 Net income 2,865 3,119 Basic earnings per common share 0.27 0.29 Diluted earnings per common share $ 0.26 $ 0.29

Note 5 - Derivative Instrumen_2

Note 5 - Derivative Instruments and Hedging Activities (Tables)	3 Months Ended
	Mar. 31, 2019
Notes Tables
Schedule of Derivative Instruments [Table Text Block]	Maturity date (Dollar amounts in thousands of U.S. dollars) Notional amount of U.S. dollars Weighted average exchange rate of U.S. dollars Fair Value April - June 2019 $ 10,381 $ 1.3154 $ 142 July - September 2019 9,881 1.3136 127 October - December 2019 10,327 1.3174 84 $ 30,589 $ 1.3155 $ 353
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]	Derivatives (Dollar amounts in thousands of U.S. dollars) Balance Sheet Location As of March 31, 2019 As of December 31, 2018 Foreign Currency forward contracts designated as cash flow hedges (net) Derivative instruments $ 264 $ 1,069 Foreign Currency forward contracts not designated as cash flow hedges (net) Derivative instruments 89 207 Total foreign currency forward contracts (net) Derivative instruments $ 353 $ 1,276
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	Gains and losses on cash flow hedges Tax impact Total AOCI Opening AOCI balance - December 31, 2018 $ (1,069 ) $ 259 $ (810 ) Other comprehensive income (loss) before reclassifications 725 (176 ) 549 Amount reclassified from AOCI 79 (18 ) 61 Other comprehensive income (loss) for the three months ended March 31, 2019 804 (194 ) 610 Ending AOCI Balance - March 31, 2019 $ (265 ) $ 65 $ (200 )
Derivative Instruments, Gain (Loss) [Table Text Block]	Derivatives in Cash Flow Hedging Relationship Amount of Gain or (Loss) Recognized in OCI, net of tax, on Derivative Location of Gain or (Loss) Reclassified from AOCI into Income (Effective Portion) Amount of Gain or (Loss) Reclassified from AOCI into Income (Effective Portion) Location of Gain or (Loss) Recognized in Income on Derivative (ineffective Portion and Amount Excluded from Effectiveness Testing) Amount of Gain or (Loss) Recognized in Income on Derivative (ineffective Portion and Amount Excluded from Effectiveness Testing) Operating expenses $ (64 ) $ - $ - Foreign currency forward contracts for the three months ended March 31, 2019 $ 610 Cost of revenues $ (15 ) $ - $ - Foreign currency forward contracts for the three months ended March 31, 2018 $ - Operating expenses $ - $ - $ - Cost of revenues $ - $ - $ -

Note 6 - Goodwill and Other I_2

Note 6 - Goodwill and Other Intangible Assets (Tables)	3 Months Ended
Note 6 - Goodwill and Other Intangible Assets (Tables)	Mar. 31, 2019
Notes Tables
Schedule of Intangible Assets and Goodwill [Table Text Block]	Surname domain names Direct navigation domain names Brand Customer relationships Technology Network rights Total Amortization period indefinite life indefinite life 7 years 3-7 years 2 - 7 years 15 years Balances December 31, 2018 $ 11,176 $ 1,245 $ 9,004 $ 27,292 $ 163 $ 515 $ 49,395 Acquisition of Ascio Technologies, Inc. (note 4 (b)) - - 2,020 10,200 2,420 - 14,640 Acquisition of customer relationships - - - - - - - Additions to/(disposals from) domain portfolio, net (1 ) (3 ) - - - - (4 ) Amortization expense - - (449 ) (1,408 ) (171 ) (12 ) (2,040 ) Balances March 31, 2019 $ 11,175 $ 1,242 $ 10,575 $ 36,084 $ 2,412 $ 503 $ 61,991
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]	March 31, 2019 Remainder of 2019 7,064 2020 9,418 2021 9,408 2022 9,279 2023 9,279 Thereafter 5,126 Total 49,574

Note 7 - Loan Payable (Tables)

Note 7 - Loan Payable (Tables)	3 Months Ended
Note 7 - Loan Payable (Tables)	Mar. 31, 2019
Notes Tables
Schedule of Standby Fees Based on Total Funded Debt to EBITDA Ratio [Table Text Block]	If Total Funded Debt to EBITDA is: Availment type or fee Less than 1.00 Greater than or equal to 1.00 and less than 2.00 Greater than or equal to 2.00 and less than 2.25 Greater than or equal to 2.25 Canadian dollar borrowings based on Bankers’ Acceptance or U.S. dollar borrowings based on LIBOR (Margin) 2.00 % 2.25 % 2.75 % 3.25 % Canadian or U.S. dollar borrowings based on Prime Rate or U.S. dollar borrowings based on Base Rate (Margin) 0.75 % 1.00 % 1.50 % 2.00 % Standby fees 0.40 % 0.45 % 0.55 % 0.65 %
Schedule of Debt [Table Text Block]	March 31, 2019 December 31, 2018 Facility A $ 1,000 $ 1,000 Facility B 5,786 6,000 Facility C 36,012 3,232 Facility D 50,699 54,924 Less: unamortized debt discount and issuance costs (683 ) (555 ) Total loan payable $ 92,814 $ 64,601 Less: loan payable, current portion (24,788 ) (18,400 ) Loan payable, long-term portion $ 68,026 $ 46,201
Schedule of Maturities of Long-term Debt [Table Text Block]	Remainder of 2019 18,591 2020 24,788 2021 50,118 93,497

Note 9 - Basic and Diluted Ea_2

Note 9 - Basic and Diluted Earnings Per Common Share (Tables)	3 Months Ended
	Mar. 31, 2019
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three months ended March 31, 2019 2018 Numerator for basic and diluted earnings per common share: Net income for the period 2,799 3,744 Denominator for basic and diluted earnings per common share: Basic weighted average number of common shares outstanding 10,634,842 10,588,718 Effect of outstanding stock options 201,055 203,895 Diluted weighted average number of shares outstanding 10,835,897 10,792,613 Basic earnings per common share 0.26 0.35 Diluted earnings per common share 0.26 0.35

Note 10 - Revenue (Tables)

Note 10 - Revenue (Tables)	3 Months Ended
Note 10 - Revenue (Tables)	Mar. 31, 2019
Notes Tables
Disaggregation of Revenue [Table Text Block]	Three months ended March 31, 2019 2018 (1) Network Access Services: Mobile Services $ 20,809 $ 21,872 Other Services 2,443 1,736 Total Network Access Services 23,252 23,608 Domain Services Wholesale Domain Services 42,591 58,428 Value Added Services 4,184 4,434 Total Wholesale 46,775 62,862 Retail 8,642 8,436 Portfolio 284 889 Total Domain Services 55,701 72,187 $ 78,953 $ 95,795
Schedule of Cost of Revenues by Revenue Stream [Table Text Block]	Three months ended March 31, 2019 2018 (1) Network Access Services: Mobile Services $ 10,743 $ 11,266 Other Services 1,069 941 Total Network Access Services 11,812 12,207 Domain Services Wholesale Domain Services 34,839 51,314 Value Added Services 794 857 Total Wholesale 35,633 52,171 Retail 4,359 4,409 Portfolio 128 185 Total Domain Services 40,120 56,765 Network Expenses: Network, other costs 2,395 2,574 Network, depreciation and amortization costs 1,975 1,630 4,370 4,204 $ 56,302 $ 73,176
Contract with Customer, Asset and Liability [Table Text Block]	Three months ended March 31, 2019 Balance, beginning of period $ 143,694 Acquired in a business combination 1 12,456 Deferred revenue 59,991 Recognized revenue 2 (56,722 ) Balance, end of period $ 159,419

Note 11 - Costs to Obtain and_2

Note 11 - Costs to Obtain and Fulfill a Contract (Tables)	3 Months Ended
Note 11 - Costs to Obtain and Fulfill a Contract (Tables)	Mar. 31, 2019
Notes Tables
Capitalized Contract Cost [Table Text Block]	Three months ended Balance, beginning of period $ 106,527 Acquired in a business combination 1 10,318 Capitalization of costs 43,260 Amortization of costs (41,544 ) Balance, end of period $ 118,561

Note 12 - Leases (Tables)

Note 12 - Leases (Tables)	3 Months Ended
Note 12 - Leases (Tables)	Mar. 31, 2019
Notes Tables
Lease, Cost [Table Text Block]	Three months ended, March 31, 2019 Operating Lease Cost (leases with a total term greater than 12 months) $ 1,071 Short-term Lease Cost (leases with a term of 12 months or less) 124 Variable Lease Cost 171 Total Lease Cost $ 1,366 Three months ended, March 31, 2019 Supplemental cashflow information: Operating Lease - Operating Cash Flows (Fixed Payments) $ 1,051 Operating Lease - Operating Cash Flows (Liability Reduction) $ 948 New ROU Assets - Operating Leases $ 4,889 Other information: Weighted Average Remaining Lease Term 5.24% (5.06% at Jan 1, 2019) Weighted Average Discount Rate 8.55 years (5.52 years at Jan 1, 2019)
Lessee, Operating Lease, Liability, Maturity [Table Text Block]	March 31, 2019 Remaining of 2019 $ 2,450 2020 1,832 2021 1,668 2022 1,617 2023 1,538 Thereafter 5,583 Total future lease payments 14,688 Less interest 2,978 Total $ 11,710

Note 13 - Segment Reporting (Ta

Note 13 - Segment Reporting (Tables)	3 Months Ended
Note 13 - Segment Reporting (Tables)	Mar. 31, 2019
Notes Tables
Condensed Income Statement [Table Text Block]	Three months ended March 31, 2019 Network Access Services Domain Services Consolidated Totals Net Revenues $ 23,252 $ 55,701 $ 78,953 Cost of revenues Cost of revenues 11,812 40,120 51,932 Network expenses 521 1,874 2,395 Depreciation of property and equipment 1,454 347 1,801 Amortization of intangible assets 11 163 174 Total cost of revenues 13,798 42,504 56,302 Gross Profit 9,454 13,197 22,651 Expenses: Sales and marketing 8,741 Technical operations and development 2,523 General and administrative 4,448 Depreciation of property and equipment 124 Amortization of intangible assets 1,866 Loss (gain) on currency forward contracts (79 ) Income from operations 5,028 Other income (expenses), net (972 ) Income before provisions for income taxes $ 4,056 Three months ended March 31, 2018 Network Access Services Domain Services Consolidated Totals Net Revenues $ 23,608 $ 72,187 $ 95,795 Cost of revenues Cost of revenues 12,207 56,765 68,972 Network expenses 490 2,084 2,574 Depreciation of property and equipment 833 298 1,131 Amortization of intangible assets 11 488 499 Total cost of revenues 13,541 59,635 73,176 Gross Profit 10,067 12,552 22,619 Expenses: Sales and marketing 8,365 Technical operations and development 2,095 General and administrative 4,530 Depreciation of property and equipment 101 Amortization of intangible assets 1,832 Loss (gain) on currency forward contracts (3 ) Income from operations 5,699 Other income (expenses), net (772 ) Income before provisions for income taxes $ 4,927
Schedule of Property Plant and Equipment by Geographic Region [Table Text Block]	March 31, 2019 December 31, 2018 Canada $ 2,009 $ 1,393 United States 53,422 46,631 Germany 55 41 $ 55,486 $ 48,065
Schedule of Acquired Intangible Assets by Major Class [Table Text Block]	<table style="margin-right: 20%; font-size: 10pt; font-family: "Times New Roman", Times, serif; text-indent: 0px; margin-left: 36pt; min-; min-width: 700px;" cellspacing="0" cellpadding="0" border="0"> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">March 31, 2019 </div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">December 31, 2018 </div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 62%;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Canada</div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 16%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">6,218</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 16%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">6,553</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">United States</div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="width: 16%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">43,356</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="width: 16%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">30,421</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 16%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">49,574</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 16%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">36,974</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;" nowrap="nowrap"> </td> </tr> </table></div>" id="sjs-B6"><div style="display: inline; font-family: times new roman; font-size: 10pt"><table style="margin-right: 20%; font-size: 10pt; font-family: "Times New Roman", Times, serif; text-indent: 0px; margin-left: 36pt; min-; min-width: 700px;" cellspacing="0" cellpadding="0" border="0"> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">March 31, 2019 </div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">December 31, 2018 </div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 62%;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Canada</div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 16%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">6,218</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 16%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">6,553</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">United States</div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="width: 16%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">43,356</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="width: 16%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">30,421</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 16%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">49,574</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 16%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">36,974</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;" nowrap="nowrap"> </td> </tr> </table></div>
Financing Receivable, Allowance for Credit Loss [Table Text Block]	Allowance for doubtful accounts excluding provision for credit notes Balance at beginning of period Charged to costs and expenses Write-offs during period Balance at end of period Three months ended March 31, 2019 $ 132 $ (1 ) $ - $ 131 Year ended December 31, 2018 $ 168 $ (36 ) $ - $ 132

Note 14 - Stockholders' Equity

Note 14 - Stockholders' Equity (Tables)	3 Months Ended
Note 14 - Stockholders' Equity (Tables)	Mar. 31, 2019
Notes Tables
Schedule of Stockholders Equity [Table Text Block]	Common Stock Number Amount Additional Paid in Capital Retained earnings (deficit) Accumulated other comprehensive income (loss) Total stockholders' equity Balance on December 31, 2018 10,627,988 $ 15,823 $ 3,953 $ 60,810 $ (810 ) $ 79,776 Exercise of Stock options 29,043 365 (294 ) - - 71 Shares deducted from exercise of stock options for payment of witholding taxes and exercise consideration (13,281 ) - (340 ) - - (340 ) Stock-based compensation - - 525 - - 525 Net income - - - 2,799 - 2,799 Other comprehensive income (loss) - - - - 610 610 Balances, March 31, 2019 10,643,750 $ 16,188 $ 3,844 $ 63,609 $ (200 ) $ 83,441

Note 15 - Share-based Payments

Note 15 - Share-based Payments (Tables)	3 Months Ended
Note 15 - Share-based Payments (Tables)	Mar. 31, 2019
Notes Tables
Share-based Payment Arrangement, Option, Activity [Table Text Block]	Three months ended March 31, 2019 Three months ended March 31, 2018 Number of Shares Weighted average exercise price per share Number of Shares Weighted average exercise price per share Outstanding, beginning of period $ 702,337 $ 43.80 $ 653,571 $ 36.69 Granted - - 11,000 58.52 Exercised (29,043 ) 24.63 (12,563 ) 7.79 Forfeited (6,751 ) 59.40 (17,125 ) 42.54 Expired (1,387 ) 60.82 - - Outstanding, end of period $ 665,156 $ 44.46 $ 634,883 $ 37.48 Options exercisable, end of period $ 304,007 $ 29.52 $ 245,933 $ 16.62
Share-based Payment Arrangement, Option, Exercise Price Range [Table Text Block]	Options outstanding Options exercisable Exercise Price Number outstanding Weighted average exercise price per share Weighted average remaining contractual life (years) Aggregate intrinsic value Number outstanding Weighted average exercise price per share Weighted average remaining contractual life (years) Aggregate intrinsic value $5.52 - $8.56 48,633 $ 6.96 0.7 $ 3,610 48,633 $ 6.96 0.7 $ 3,610 $10.16 - $19.95 91,438 16.30 2.2 5,933 90,188 16.25 2.2 5,856 $21.10 - $27.53 61,250 23.62 2.9 3,526 51,250 24.11 2.7 2,925 $35.25 - $37.35 14,375 35.89 4.2 651 11,875 36.02 4.0 536 $43.15 - $47.00 18,500 44.19 4.8 684 11,500 43.99 4.8 428 $53.20 - $58.65 315,608 55.67 5.1 8,052 90,561 55.21 4.8 2,351 $64.10 - $64.10 115,352 64.10 6.2 1,970 - - - - 665,156 $ 44.46 4.4 $ 24,426 304,007 $ 29.52 3.0 $ 15,706

Note 16 - Fair Value Measurem_2

Note 16 - Fair Value Measurement (Tables)	3 Months Ended
Note 16 - Fair Value Measurement (Tables)	Mar. 31, 2019
Notes Tables
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	March 31, 2019 Fair Value Measurement Using Liabilities at Fair Level 1 Level 2 Level 3 value Derivative Instrument liability Total Liabilities $ $ 353 $ $ 353 December 31, 2018 Fair Value Measurement Using Liabilities at Fair Level 1 Level 2 Level 3 value Derivative Instrument liability Total Liabilities $ $ 1,276 $ $ 1,276

Note 3 - Recent Accounting Pr_2

Note 3 - Recent Accounting Pronouncements (Details Textual) - USD ($) $ in Thousands	Mar. 31, 2019	Jan. 31, 2019	Jan. 01, 2019	Dec. 31, 2018
Operating Lease, Right-of-Use Asset	$ 12,206	$ 4,600	$ 8,800
Operating Lease, Liability, Total	$ 11,710	$ 4,600	8,300
Operating Lease, Right-of-Use Asset, Net			500
Accounting Standards Update 2016-02 [Member]
Deferred Rent Credit			(100)
Prepaid Expense			$ (600)

Note 4 - Acquisitions (Details

Note 4 - Acquisitions (Details Textual) - USD ($)	Mar. 31, 2019	Mar. 18, 2019	Feb. 13, 2018	Feb. 01, 2017	Feb. 27, 2015
Ting Virginia LLC [Member]
Business Combination, Consideration Transferred, Total			$ 1,200,000
Payments for Repurchase of Redeemable Noncontrolling Interest			$ 1,200,000
Repurchase of Redeemable Noncontrolling Interest, Percentage			10.00%
Ting Virginia LLC [Member]
Business Acquisition, Percentage of Voting Interests Acquired				20.00%	70.00%
Business Combination, Consideration Transferred, Total				$ 2,000,000	$ 3,500,000
Ting Virginia LLC [Member] \| Exercisable by the Minority Shareholders [Member]
Business Combination, Interest Subject to Call Option, Not Exercised in Period				10.00%
Ascio Technologies, Inc. [Member]
Business Combination, Consideration Transferred, Total		$ 29,461,000
Business Combination, Consideration Transferred, Excluding Working Capital Deficiency Acquired		29,440,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Working Capital Deficiency		$ 21,205
Finite-Lived Intangible Asset, Useful Life		7 years
Business Combination, Acquisition Related Costs		$ 500,000
Business Combination, Pro Forma Information, Revenue of Acquiree since Acquisition Date, Actual	$ 800,000
Business Combination, Pro Forma Information, Earnings or Loss of Acquiree since Acquisition Date, Actual	$ (100,000)
Ascio Technologies, Inc. [Member] \| General and Administrative Expense [Member]
Business Combination, Acquisition Related Costs		$ 300,000

Note 4 - Acquisitions - Prelimi

Note 4 - Acquisitions - Preliminary Purchase Consideration (Details) - USD ($) $ in Thousands	Mar. 18, 2019	Mar. 31, 2019	Dec. 31, 2018
Goodwill		$ 109,777	$ 90,054
Ascio Technologies, Inc. [Member]
Goodwill	$ 19,723
Cash	1,437
Prepaid domain registry fees	10,318
Other assets	2,328
Total assets	48,446
Deferred Revenue	(12,456)
Deferred Tax Liabilities	(3,038)
Other liabilities	(3,491)
Total liabilities	(18,985)
Preliminary consideration paid	29,461
Ascio Technologies, Inc. [Member] \| Brand [Member]
Finite-Lived Intangibles	2,020
Ascio Technologies, Inc. [Member] \| Technology-Based Intangible Assets [Member]
Finite-Lived Intangibles	2,420
Ascio Technologies, Inc. [Member] \| Customer Relationships [Member]
Finite-Lived Intangibles	$ 10,200

Note 4 - Acquisitions - Pro For

Note 4 - Acquisitions - Pro Forma Information (Details) - Ascio Technologies, Inc. [Member] - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Net revenues	$ 83,668	$ 101,379
Net income	$ 2,865	$ 3,119
Basic earnings per common share (in dollars per share)	$ 0.27	$ 0.29
Diluted earnings per common share (in dollars per share)	$ 0.26	$ 0.29

Note 5 - Derivative Instrumen_3

Note 5 - Derivative Instruments and Hedging Activities (Details Textual) - Forward Contracts [Member] - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2018
Derivative, Notional Amount	$ 30.6		$ 40.5
Gain (Loss) on Foreign Currency Derivative Instruments Not Designated as Hedging Instruments	(0.1)
Designated as Hedging Instrument [Member]
Derivative, Notional Amount	27.9		$ 36.5
Not Designated as Hedging Instrument [Member]
Gain (Loss) on Foreign Currency Derivative Instruments Not Designated as Hedging Instruments	$ 0.1	$ 0.1

Note 5 - Derivative Instrumen_4

Note 5 - Derivative Instruments and Hedging Activities - Foreign Currency Forward Contracts (Details) $ in Thousands	Mar. 31, 2019USD ($)
Foreign Exchange Forward 1 [Member]
Notional amount of U.S. dollars	$ 10,381
Weighted average exchange rate of U.S. dollars	1.3154
Fair value	$ 142
Foreign Exchange Forward 2 [Member]
Notional amount of U.S. dollars	$ 9,881
Weighted average exchange rate of U.S. dollars	1.3136
Fair value	$ 127
Foreign Exchange Forward 3 [Member]
Notional amount of U.S. dollars	$ 10,327
Weighted average exchange rate of U.S. dollars	1.3174
Fair value	$ 84
Foreign Exchange Forward 4 [Member]
Notional amount of U.S. dollars	$ 30,589
Weighted average exchange rate of U.S. dollars	1.3155
Fair value	$ 353

Note 5 - Derivative Instrumen_5

Note 5 - Derivative Instruments and Hedging Activities - Fair Value of Derivative Instruments in the Consolidated Balance Sheets (Details) - Derivative Instruments [Member] - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Foreign currency forward contracts	$ 353	$ 1,276
Designated as Hedging Instrument [Member] \| Cash Flow Hedging [Member]
Foreign currency forward contracts	264	1,069
Not Designated as Hedging Instrument [Member]
Foreign currency forward contracts	$ 89	$ 207

Note 5 - Derivative Instrumen_6

Note 5 - Derivative Instruments and Hedging Activities - Movement in AOCI Balance (Details) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2019	Mar. 31, 2018	[2]
AOCI balance, Gains and losses on cash flow hedges		$ (1,069)
Other comprehensive income (loss) before reclassifications, Gains and losses on cash flow hedges		725
Amount reclassified from AOCI, Gains and losses on cash flow hedges		79
Other comprehensive income (loss), Gains and losses on cash flow hedges		804
AOCI balance, Gains and losses on cash flow hedges		(265)
AOCI balance, Tax impact		259
Other comprehensive income (loss) before reclassifications, Tax impact		(176)
Amount reclassified from AOCI, Tax impact		(18)
Other comprehensive income (loss), Tax impact		(194)
AOCI balance, Tax impact		65
AOCI balance	[1]	(810)
Other comprehensive income (loss) before reclassifications		549	$ 17
Amount reclassified from AOCI		61
Other comprehensive income (loss)		610
AOCI balance		$ (200)

[1]	The Company has initially applied ASC 2016-02 (Topic 842) using the modified retrospective method. Under this method, the comparative information is not restated.
[2]	The Company has initially applied ASC 2016-02 (Topic 842) using the modified retrospective method. Under this method, the comparative information is not restated.

Note 5 - Derivative Instrumen_7

Note 5 - Derivative Instruments and Hedging Activities - Effects of Derivative Instruments on Income and Other Comprehensive Income (OCI) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Amount of Gain or (Loss) Recognized in OCI, Net of Tax, on Derivative (Effective Portion)	$ 549	$ 17	[1]
Operating Expense [Member]
Amount of Gain or (Loss) Recognized in OCI, Net of Tax, on Derivative (Effective Portion)
Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)	(64)
Amount of Gain or (Loss) Recognized in Income on Derivative (Ineffective Portion and Amount Excluded from Effectiveness Testing)
Cost of Sales [Member]
Amount of Gain or (Loss) Recognized in OCI, Net of Tax, on Derivative (Effective Portion)	610
Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)	(15)
Amount of Gain or (Loss) Recognized in Income on Derivative (Ineffective Portion and Amount Excluded from Effectiveness Testing)

[1]	The Company has initially applied ASC 2016-02 (Topic 842) using the modified retrospective method. Under this method, the comparative information is not restated.

Note 6 - Goodwill and Other I_3

Note 6 - Goodwill and Other Intangible Assets (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Dec. 31, 2018
Goodwill, Ending Balance	$ 109,777	$ 90,054
Goodwill, Acquired During Period	19,700
Finite-Lived Intangible Assets, Accumulated Amortization	$ 26,600	$ 24,500
Minimum [Member]
Finite-Lived Intangible Asset, Useful Life	2 years
Maximum [Member]
Finite-Lived Intangible Asset, Useful Life	15 years
Domain Services Operating Segment [Member]
Goodwill, Ending Balance	$ 107,600
Goodwill Percentage Related to Operating Segments	98.00%
Network Access Services [Member]
Goodwill, Ending Balance	$ 2,200
Goodwill Percentage Related to Operating Segments	2.00%

Note 6 - Goodwill and Other I_4

Note 6 - Goodwill and Other Intangible Assets - Acquired Intangible Assets by Major Class (Details) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2019	Mar. 31, 2018	[2]
Balances	[1]	$ 49,395
Acquisition of Ascio Technologies, Inc. (note 4 (b))
Additions to/(disposals from) domain portfolio, net		(4)	$ (37)
Amortization expense		(2,040)	$ (2,331)
Balances		61,991
Ascio Technologies, Inc. [Member]
Acquisition of Ascio Technologies, Inc. (note 4 (b))		14,640
Brand [Member]
Balances		9,004
Acquisition of Ascio Technologies, Inc. (note 4 (b))
Additions to/(disposals from) domain portfolio, net
Amortization expense		(449)
Balances		10,575
Brand [Member] \| Ascio Technologies, Inc. [Member]
Acquisition of Ascio Technologies, Inc. (note 4 (b))		2,020
Customer Relationships [Member]
Balances		27,292
Acquisition of Ascio Technologies, Inc. (note 4 (b))
Additions to/(disposals from) domain portfolio, net
Amortization expense		(1,408)
Balances		36,084
Customer Relationships [Member] \| Ascio Technologies, Inc. [Member]
Acquisition of Ascio Technologies, Inc. (note 4 (b))		10,200
Technology-Based Intangible Assets [Member]
Balances		163
Acquisition of Ascio Technologies, Inc. (note 4 (b))
Additions to/(disposals from) domain portfolio, net
Amortization expense		(171)
Balances		2,412
Technology-Based Intangible Assets [Member] \| Ascio Technologies, Inc. [Member]
Acquisition of Ascio Technologies, Inc. (note 4 (b))		2,420
Network Rights [Member]
Balances		515
Acquisition of Ascio Technologies, Inc. (note 4 (b))
Additions to/(disposals from) domain portfolio, net
Amortization expense		(12)
Balances		503
Network Rights [Member] \| Ascio Technologies, Inc. [Member]
Acquisition of Ascio Technologies, Inc. (note 4 (b))
Surname Domain Names [Member]
Balances		11,176
Additions to/(disposals from) domain portfolio, net		(1)
Amortization expense
Balances		11,175
Surname Domain Names [Member] \| Ascio Technologies, Inc. [Member]
Acquisition of Ascio Technologies, Inc. (note 4 (b))
Direct Navigation Domain Names [Member]
Balances		1,245
Additions to/(disposals from) domain portfolio, net		(3)
Amortization expense
Balances		1,242
Direct Navigation Domain Names [Member] \| Ascio Technologies, Inc. [Member]
Acquisition of Ascio Technologies, Inc. (note 4 (b))

[1]	The Company has initially applied ASC 2016-02 (Topic 842) using the modified retrospective method. Under this method, the comparative information is not restated.
[2]	The Company has initially applied ASC 2016-02 (Topic 842) using the modified retrospective method. Under this method, the comparative information is not restated.

Note 6 - Goodwill and Other I_5

Note 6 - Goodwill and Other Intangible Assets - Estimated Future Amortization Expense of Intangible Assets (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Remainder of 2019	$ 7,064
2020	9,418
2021	9,408
2022	9,279
2023	9,279
Thereafter	5,126
Total	$ 49,574	$ 36,974

Note 7 - Loan Payable (Details

Note 7 - Loan Payable (Details Textual) $ in Thousands	Mar. 18, 2019USD ($)	Jan. 20, 2017USD ($)	Mar. 31, 2019USD ($)	Mar. 31, 2018USD ($)	[1]
Payments of Financing Costs, Total		$ 600	$ 205	$ 4
Foreign Exchange Forward [Member]
Derivative, Notional Amount			30,600
Foreign Exchange Risk [Member]
Line of Credit Facility, Maximum Borrowing Capacity			$ 3,500
Line of Credit Facility Covenant Period			1 year 180 days
Bank of Montreal and Royal Bank of Canada [Member]
Line of Credit Facility, Maximum Borrowing Capacity		$ 140,000
Debt Instrument, Term		4 years
Debt Issuance Costs, Net, Total	$ 200
Maximum Total Funded Debt to EBITDA Ratio	2.25
Repayment Obligation, Percentage of Excess Cash Flow	50.00%
Minimum Fixed Charge Coverage Ratio	1.2
Maximum Annual Capital Expenditures Requirement	$ 65,000
Line of Credit Facility, Maximum Funded Share Repurchases Ceiling	$ 20,000
Maximum Ratio of Funded Share Repurchases to 12 Months Trailing EDITDA	1.5
Bank of Montreal and Royal Bank of Canada [Member] \| Total Loans Do Not Exceed 1.5 Times of Trailing 12 Months EBITDA [Member]
Line of Credit Facility, Maximum Funded Share Repurchases Ceiling	$ 40,000
Bank of Montreal and Royal Bank of Canada [Member] \| Revolving Credit Facility A [Member]
Line of Credit Facility, Maximum Borrowing Capacity		$ 5,000
Bank of Montreal and Royal Bank of Canada [Member] \| Revolving Reducing Term Facility B [Member]
Line of Credit Facility, Maximum Borrowing Capacity	6,000	15,000
Line of Credit Facility, Increase (Decrease), Net, Total	(9,000)
Bank of Montreal and Royal Bank of Canada [Member] \| Non-revolving Facility C [Member]
Line of Credit Facility, Maximum Borrowing Capacity	44,500	35,500
Line of Credit Facility, Increase (Decrease), Net, Total	$ 9,000
Bank of Montreal and Royal Bank of Canada [Member] \| Non-revolving Facility D [Member]
Line of Credit Facility, Maximum Borrowing Capacity		$ 84,500
Bank of Montreal and Royal Bank of Canada [Member] \| Credit Facility B and C [Member] \| Draws for Share Repurchases [Member]
Debt Instrument, Term	4 years
Bank of Montreal and Royal Bank of Canada [Member] \| Credit Facility B and C [Member] \| Draws for Acquisitions [Member]
Debt Instrument, Term	5 years
Bank of Montreal and Royal Bank of Canada [Member] \| Credit Facility B and C [Member] \| Draws for FFTH Capital Expenditures [Member]
Debt Instrument, Term	7 years

[1]	The Company has initially applied ASC 2016-02 (Topic 842) using the modified retrospective method. Under this method, the comparative information is not restated.

Note 7 - Loan Payable - Schedul

Note 7 - Loan Payable - Schedule of Standby Fees Based on Total Funded Debt to EBITDA Ratio (Details)	3 Months Ended
	Mar. 31, 2019
Debt to EBITDA is Less Than 1 [Member]
Standby fees	0.40%
Debt to EBITDA is Greater Than or Equal to 1 and Less Than 2 [Member]
Standby fees	0.45%
Debt to EBITDA is Greater Than or Equal to 2 and Less Than 2.25 [Member]
Standby fees	0.55%
Debt to EBITDA is Greater Than or Equal to 2.25 [Member]
Standby fees	0.65%
Bank of Montreal and Royal Bank of Canada [Member] \| London Interbank Offered Rate (LIBOR) [Member] \| Debt to EBITDA is Less Than 1 [Member]
Basis Spread on Variable Rate	2.00%
Bank of Montreal and Royal Bank of Canada [Member] \| London Interbank Offered Rate (LIBOR) [Member] \| Debt to EBITDA is Greater Than or Equal to 1 and Less Than 2 [Member]
Basis Spread on Variable Rate	2.25%
Bank of Montreal and Royal Bank of Canada [Member] \| London Interbank Offered Rate (LIBOR) [Member] \| Debt to EBITDA is Greater Than or Equal to 2 and Less Than 2.25 [Member]
Basis Spread on Variable Rate	2.75%
Bank of Montreal and Royal Bank of Canada [Member] \| London Interbank Offered Rate (LIBOR) [Member] \| Debt to EBITDA is Greater Than or Equal to 2.25 [Member]
Basis Spread on Variable Rate	3.25%
Bank of Montreal and Royal Bank of Canada [Member] \| Base Rate [Member] \| Debt to EBITDA is Less Than 1 [Member]
Basis Spread on Variable Rate	0.75%
Bank of Montreal and Royal Bank of Canada [Member] \| Base Rate [Member] \| Debt to EBITDA is Greater Than or Equal to 1 and Less Than 2 [Member]
Basis Spread on Variable Rate	1.00%
Bank of Montreal and Royal Bank of Canada [Member] \| Base Rate [Member] \| Debt to EBITDA is Greater Than or Equal to 2 and Less Than 2.25 [Member]
Basis Spread on Variable Rate	1.50%
Bank of Montreal and Royal Bank of Canada [Member] \| Base Rate [Member] \| Debt to EBITDA is Greater Than or Equal to 2.25 [Member]
Basis Spread on Variable Rate	2.00%

Note 7 - Loan Payable - Sched_2

Note 7 - Loan Payable - Schedule of Loans Payable (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Loans payable	$ 92,814	$ 64,601
Less: unamortized debt discount and issuance costs	(683)	(555)
Less: loan payable, current portion	(24,788)	(18,400)
Loan payable, long-term portion	68,026	46,201	[1]
Revolving Credit Facility A [Member]
Loans payable	1,000	1,000
Revolving Reducing Term Facility B [Member]
Loans payable	5,786	6,000
Non-revolving Facility C [Member]
Loans payable	36,012	3,232
Non-revolving Facility D [Member]
Loans payable	$ 50,699	$ 54,924

[1]	The Company has initially applied ASC 2016-02 (Topic 842) using the modified retrospective method. Under this method, the comparative information is not restated.

Note 7 - Loan Payable - Princip

Note 7 - Loan Payable - Principal Repayments (Details) $ in Thousands	Mar. 31, 2019USD ($)
Remainder of 2019	$ 18,591
2020	24,788
2021	50,118
Long-term Debt	$ 93,497

Note 8 - Income Taxes (Details

Note 8 - Income Taxes (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2018
Income Tax Expense (Benefit), Total	$ 1,257	$ 1,183
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest, Total	4,100	4,900
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued, Total	0		$ 0
Accounting Standards Update 2016-09 [Member]
Income Tax Expense (Benefit), Total	$ 400	$ 100

Note 9 - Basic and Diluted Ea_3

Note 9 - Basic and Diluted Earnings Per Common Share (Details Textual) - shares	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Stock Buyback Program 2019 [Member]
Stock Repurchased and Retired During Period, Shares	0
Stock Buyback Program 2018 [Member]
Stock Repurchased and Retired During Period, Shares	0	0
Stock Buyback Program 2017 [Member]
Stock Repurchased and Retired During Period, Shares		0
Share-based Payment Arrangement, Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	121,300	333,300

Note 9 - Basic and Diluted Ea_4

Note 9 - Basic and Diluted Earnings Per Common Share - Earnings Per Common Share - Summary of Basic and Diluted Earnings Per Common Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Numerator for basic and diluted earnings per common share:
Net income for the period	$ 2,799	$ 3,744	[1],[2]
Basic weighted average number of common shares outstanding (in shares)	10,634,842	10,588,718	[1]
Effect of outstanding stock options (in shares)	201,055	203,895
Diluted weighted average number of shares outstanding (in shares)	10,835,897	10,792,613	[1]
Basic earnings per common share (in dollars per share)	$ 0.26	$ 0.35	[1]
Diluted earnings per common share (in dollars per share)	$ 0.26	$ 0.35	[1]

[1]	The Company has initially applied ASC 2016-02 (Topic 842) using the modified retrospective method. Under this method, the comparative information is not restated.
[2]	The Company has initially applied ASC 2016-02 (Topic 842) using the modified retrospective method. Under this method, the comparative information is not restated.

Note 10 - Revenue 1 (Details Te

Note 10 - Revenue 1 (Details Textual) $ in Thousands	Mar. 18, 2019	Mar. 31, 2019USD ($)	Mar. 31, 2018USD ($)		Jan. 01, 2019USD ($)	Dec. 31, 2018USD ($)	Jan. 05, 2018
Contract with Customer, Liability, Revenue Recognized		$ (56,722)
Cost of Goods and Services Sold, Total		51,932	$ 68,972	[1]
Contract with Customer, Liability, Total		$ 159,419			$ 143,700	$ 143,694
Minimum [Member]
Finite-Lived Intangible Asset, Useful Life		2 years
Maximum [Member]
Finite-Lived Intangible Asset, Useful Life		15 years
Ascio Technologies, Inc. [Member]
Finite-Lived Intangible Asset, Useful Life	7 years
Ascio Technologies, Inc. [Member] \| Minimum [Member] \| Active Domain Name Contracts [Member]
Finite-Lived Intangible Asset, Useful Life	1 year
Ascio Technologies, Inc. [Member] \| Maximum [Member] \| Active Domain Name Contracts [Member]
Finite-Lived Intangible Asset, Useful Life	10 years
Customer Concentration Risk [Member] \| Revenue Benchmark [Member]
Number of Customers		0	1
Concentration Risk, Percentage			18.00%
Customer Concentration Risk [Member] \| Accounts Receivable [Member]
Number of Customers		0	0
Namecheap, Inc. [Member]
Domain Name Transfer to Counter Party							2,650,000
Contract with Customer, Liability, Revenue Recognized			$ 14,600
Cost of Goods and Services Sold, Total			$ 14,500

[1]	The Company has initially applied ASC 2016-02 (Topic 842) using the modified retrospective method. Under this method, the comparative information is not restated.

Note 10 - Revenue 2 (Details Te

Note 10 - Revenue 2 (Details Textual) - Domain Registration Contracts [Member] - Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2019-04-01	Mar. 31, 2019
Revenue, Remaining Performance Obligation, Percentage	80.00%
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period	1 year

Note 10 - Revenue - Disaggregat

Note 10 - Revenue - Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	[1]
Net Revenues	$ 78,953	$ 95,795	[2]
Network Access Services [Member]
Net Revenues	23,252	23,608
Domain Name Services [Member]
Net Revenues	55,701	72,187
Domain Name Services [Member] \| Wholesale [Member]
Net Revenues	46,775	62,862
Domain Name Services [Member] \| Retail Services [Member]
Net Revenues	8,642	8,436
Domain Name Services [Member] \| Portfolio [Member]
Net Revenues	284	889
Mobile Services [Member] \| Network Access Services [Member]
Net Revenues	20,809	21,872
Other Services [Member] \| Network Access Services [Member]
Net Revenues	2,443	1,736
Domain Services [Member] \| Domain Name Services [Member] \| Wholesale [Member]
Net Revenues	42,591	58,428
Value Added Services [Member] \| Domain Name Services [Member] \| Wholesale [Member]
Net Revenues	$ 4,184	$ 4,434

[1]	As a result of the bulk transfer of 2.65 million domain names to Namecheap on January 5th, 2018, recognized revenue for the three months ended March 31, 2018 includes $14.6 million related to previously deferred revenue for these names.
[2]	The Company has initially applied ASC 2016-02 (Topic 842) using the modified retrospective method. Under this method, the comparative information is not restated.

Note 10 - Revenue - Cost of Rev

Note 10 - Revenue - Cost of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Cost of Goods and Services Sold, Total	$ 51,932	$ 68,972	[1]
Network, other costs	2,395	2,574	[1]
Cost of revenues	56,302	73,176	[1],[2]
Network Expenses [Member]
Network, other costs	2,395	2,574	[2]
Network, depreciation and amortization costs	1,975	1,630	[2]
Cost of revenues	4,370	4,204	[2]
Network Access Services [Member]
Cost of Goods and Services Sold, Total	11,812	12,207	[2]
Network, other costs	521	490
Cost of revenues	13,798	13,541
Network Access Services [Member] \| Mobile Services [Member]
Cost of Goods and Services Sold, Total	10,743	11,266	[2]
Network Access Services [Member] \| Other Services [Member]
Cost of Goods and Services Sold, Total	1,069	941	[2]
Domain Name Services [Member]
Cost of Goods and Services Sold, Total	40,120	56,765	[2]
Network, other costs	1,874	2,084
Cost of revenues	42,504	59,635
Domain Name Services [Member] \| Wholesale [Member]
Cost of Goods and Services Sold, Total	35,633	52,171	[2]
Domain Name Services [Member] \| Retail Services [Member]
Cost of Goods and Services Sold, Total	4,359	4,409	[2]
Domain Name Services [Member] \| Portfolio [Member]
Cost of Goods and Services Sold, Total	128	185	[2]
Domain Name Services [Member] \| Domain Services [Member] \| Wholesale [Member]
Cost of Goods and Services Sold, Total	34,839	51,314	[2]
Domain Name Services [Member] \| Value Added Services [Member] \| Wholesale [Member]
Cost of Goods and Services Sold, Total	$ 794	$ 857	[2]

[1]	The Company has initially applied ASC 2016-02 (Topic 842) using the modified retrospective method. Under this method, the comparative information is not restated.
[2]	As a result of the bulk transfer of 2.65 million domain names to Namecheap on January 5th, 2018, recognized cost of sales for the three months ended March 31, 2018 includes $14.5 million related to prepaid costs for these names.

Note 10 - Revenue - Contract Ba

Note 10 - Revenue - Contract Balances (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2019USD ($)
Balance, beginning of period	$ 143,694
Acquired in a business combination1	12,456	[1]
Deferred revenue	59,991
Recognized revenue2	(56,722)
Balance, end of period	$ 159,419

[1]	The Company acquired Ascio on March 18, 2019. As part of the transition, the Company acquired active domain name contracts for terms ranging from 1 - 10 years, for which the registration fees have already been collected from customers. As required by ASC 805, Business Combinations, the Company has recorded deferred revenue at fair value at the acquisition date, which was determined by estimating the costs associated with customer support services and prepaid domain name registration fees to fulfill the contractual obligations over the remaining life of the contract at the acquisition date plus a normal profit margin.

Note 11 - Costs to Obtain and_3

Note 11 - Costs to Obtain and Fulfill a Contract (Details Textual) - USD ($) $ in Thousands	Mar. 18, 2019	Mar. 31, 2019
Ascio Technologies, Inc. [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Prepaid Expense and Other Assets	$ 10,318
Finite-Lived Intangible Asset, Useful Life	7 years
Deferred Costs of Acquisition [Member]
Increase (Decrease) in Capitalized Costs		$ 43,300
Capitalized Contract Cost, Amortization		$ 41,500
Minimum [Member]
Finite-Lived Intangible Asset, Useful Life		2 years
Minimum [Member] \| Ascio Technologies, Inc. [Member] \| Active Domain Name Contracts [Member]
Finite-Lived Intangible Asset, Useful Life	1 year
Minimum [Member] \| Deferred Costs of Acquisition [Member]
Capitalized Contract Cost, Amortization Period		1 year
Maximum [Member]
Finite-Lived Intangible Asset, Useful Life		15 years
Maximum [Member] \| Ascio Technologies, Inc. [Member] \| Active Domain Name Contracts [Member]
Finite-Lived Intangible Asset, Useful Life	10 years
Maximum [Member] \| Deferred Costs of Acquisition [Member]
Capitalized Contract Cost, Amortization Period		10 years

Note 11 - Costs to Obtain and_4

Note 11 - Costs to Obtain and Fulfill a Contract - Capitalized Contract Costs Activity (Details) - Domain Registration Costs [Member] $ in Thousands	3 Months Ended
	Mar. 31, 2019USD ($)
Balance	$ 106,527
Acquired in a business combination	10,318	[1]
Capitalization of costs	43,260
Amortization of costs	(41,544)
Balance	$ 118,561	[1]

[1]	The Company acquired Ascio on March 18, 2019. As part of the transition, the Company acquired active domain name contracts with a terms ranging from 1 - 10 years, for which fees to suppliers were paid in advance.

Note 12 - Leases (Details Textu

Note 12 - Leases (Details Textual) - USD ($) $ in Thousands	Mar. 31, 2019	Mar. 31, 2019	Jan. 31, 2019	Jan. 01, 2019	Dec. 31, 2018
Lessee, Operating Lease, Renewal Term	5 years	5 years
Lessee, Operating Lease, Option to Terminate Term	1 year
Lessee, Operating Lease, Option to Extend, Amount		$ 2,400
Lessee, Operating Lease, Lease Not yet Commenced, Future Minimum Payments Due	$ 100	100
Operating Lease, Right-of-Use Asset	12,206	12,206	$ 4,600	$ 8,800
Operating Lease, Liability, Total	$ 11,710	$ 11,710	$ 4,600	$ 8,300
Minimum [Member]
Operating Lease, Remaining Lease Term		1 year
Maximum [Member]
Operating Lease, Remaining Lease Term		19 years
Lessee, Operating Lease, Lease Not yet Commenced, Term of Contract	1 year	1 year

Note 12 - Leases - Components o

Note 12 - Leases - Components of Lease Expense and Other Lease Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Jan. 01, 2019
Operating Lease Cost (leases with a total term greater than 12 months)	$ 1,071
Short-term Lease Cost (leases with a term of 12 months or less)	124
Variable Lease Cost	171
Total Lease Cost	1,366
Operating Lease - Operating Cash Flows (Fixed Payments)	1,051
Operating Lease - Operating Cash Flows (Liability Reduction)	948
New ROU Assets - Operating Leases	$ 4,889
Weighted Average Discount Rate	5.24%	5.06%
Weighted Average Remaining Lease Term (Year)	8 years 200 days	5 years 189 days

Note 12 - Leases - Components_2

Note 12 - Leases - Components of Lease Expense and Other Lease Information (Details) (Parentheticals)	Mar. 31, 2019	Jan. 01, 2019
Weighted Average Discount Rate	5.24%	5.06%
Weighted Average Remaining Lease Term (Year)	8 years 200 days	5 years 189 days

Note 12 - Leases - Future Minim

Note 12 - Leases - Future Minimum Lease Payments (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Jan. 31, 2019	Jan. 01, 2019
Remaining of 2019	$ 2,450
2020	1,832
2021	1,668
2022	1,617
2023	1,538
Thereafter	5,583
Total future lease payments	14,688
Less interest	2,978
Operating Lease, Liability, Total	$ 11,710	$ 4,600	$ 8,300

Note 13 - Segment Reporting (De

Note 13 - Segment Reporting (Details Textual)	3 Months Ended
Note 13 - Segment Reporting (Details Textual)	Mar. 31, 2019
Number of Operating Segments	2

Note 13 - Segment Reporting - I

Note 13 - Segment Reporting - Information by Reportable Segments (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Net Revenues	$ 78,953	$ 95,795	[1],[2]
Cost of revenues	51,932	68,972	[2]
Network expenses	2,395	2,574	[2]
Depreciation of property and equipment	1,801	1,131	[2]
Amortization of intangible assets	174	499	[2]
Total cost of revenues	56,302	73,176	[2],[3]
Gross Profit	22,651	22,619	[2]
Sales and marketing	8,741	8,365	[2]
Technical operations and development	2,523	2,095	[2]
General and administrative	4,448	4,530	[2]
Depreciation of property and equipment	124	101	[2]
Amortization of intangible assets	1,866	1,832	[2]
Loss (gain) on currency forward contracts	(79)	(3)	[2]
Income from operations	5,028	5,699	[2]
Other income (expenses), net	(972)	(772)	[2]
Income before provisions for income taxes	4,056	4,927	[2]
Network Access Services [Member]
Net Revenues	23,252	23,608	[1]
Cost of revenues	11,812	12,207	[3]
Network expenses	521	490
Depreciation of property and equipment	1,454	833
Amortization of intangible assets	11	11
Total cost of revenues	13,798	13,541
Gross Profit	9,454	10,067
Income before provisions for income taxes
Domain Name Services [Member]
Net Revenues	55,701	72,187	[1]
Cost of revenues	40,120	56,765	[3]
Network expenses	1,874	2,084
Depreciation of property and equipment	347	298
Amortization of intangible assets	163	488
Total cost of revenues	42,504	59,635
Gross Profit	13,197	$ 12,552
Income before provisions for income taxes

[1]	As a result of the bulk transfer of 2.65 million domain names to Namecheap on January 5th, 2018, recognized revenue for the three months ended March 31, 2018 includes $14.6 million related to previously deferred revenue for these names.
[2]	The Company has initially applied ASC 2016-02 (Topic 842) using the modified retrospective method. Under this method, the comparative information is not restated.
[3]	As a result of the bulk transfer of 2.65 million domain names to Namecheap on January 5th, 2018, recognized cost of sales for the three months ended March 31, 2018 includes $14.5 million related to prepaid costs for these names.

Note 13 - Segment Reporting - S

Note 13 - Segment Reporting - Summary of Property and Equipment by Geographic Region (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Property and equipment	$ 55,486	$ 48,065	[1]
CANADA
Property and equipment	2,009	1,393
UNITED STATES
Property and equipment	53,422	46,631
GERMANY
Property and equipment	$ 55	$ 41

[1]	The Company has initially applied ASC 2016-02 (Topic 842) using the modified retrospective method. Under this method, the comparative information is not restated.

Note 13 - Segment Reporting -_2

Note 13 - Segment Reporting - Summary of Amortizable Intangible Assets by Geographic Region (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Amortizable intangible assets	$ 49,574	$ 36,974
CANADA
Amortizable intangible assets	6,218	6,553
UNITED STATES
Amortizable intangible assets	$ 43,356	$ 30,421

Note 13 - Segment Reporting -_3

Note 13 - Segment Reporting - Summary of Valuation and Qualifying Accounts (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2019	Dec. 31, 2018
Balance at beginning of period	$ 132	$ 168
Charged to (recovered) costs and expenses	(1)	(36)
Balance at end of period	$ 131	$ 132

Note 14 - Stockholders' Equit_2

Note 14 - Stockholders' Equity (Details Textual) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Feb. 13, 2019	Feb. 14, 2018	Mar. 01, 2017
Stock Buyback Program 2019 [Member]
Stock Repurchase Program, Authorized Amount			$ 40
Stock Repurchased and Retired During Period, Shares	0
Stock Buyback Program 2018 [Member]
Stock Repurchase Program, Authorized Amount				$ 40
Stock Repurchased and Retired During Period, Shares	0	0
Stock Buyback Program 2017 [Member]
Stock Repurchase Program, Authorized Amount					$ 40
Stock Repurchased and Retired During Period, Shares		0

Note 14 - Stockholders' Equit_3

Note 14 - Stockholders' Equity - Stockholders' Equity Transactions (Details) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2019	Mar. 31, 2018
Balances	[1]	$ 79,776
Exercise of Stock options (in shares)		29,043	12,563
Exercise of Stock options		$ 71
Shares deducted from exercise of stock options for payment of witholding taxes and exercise consideration		(340)
Stock-based compensation		525
Net income		2,799	$ 3,744	[2],[3]
Other comprehensive income (loss)		610	$ 17
Balances		$ 83,441
Common Stock [Member]
Balances (in shares)		10,627,988,000
Balances		$ 15,823
Exercise of Stock options (in shares)		29,043,000
Exercise of Stock options		$ 365
Shares deducted from exercise of stock options for payment of witholding taxes and exercise consideration (in shares)		(13,281,000)
Shares deducted from exercise of stock options for payment of witholding taxes and exercise consideration
Stock-based compensation
Other comprehensive income (loss)
Balances (in shares)		10,643,750,000
Balances		$ 16,188
Additional Paid-in Capital [Member]
Balances		3,953
Exercise of Stock options		(294)
Shares deducted from exercise of stock options for payment of witholding taxes and exercise consideration		(340)
Stock-based compensation		525
Other comprehensive income (loss)
Balances		3,844
Retained Earnings [Member]
Balances		60,810
Exercise of Stock options
Shares deducted from exercise of stock options for payment of witholding taxes and exercise consideration
Stock-based compensation
Net income		2,799
Other comprehensive income (loss)
Balances		63,609
AOCI Attributable to Parent [Member]
Balances		(810)
Exercise of Stock options
Shares deducted from exercise of stock options for payment of witholding taxes and exercise consideration
Stock-based compensation
Other comprehensive income (loss)		610
Balances		$ (200)

[1]	The Company has initially applied ASC 2016-02 (Topic 842) using the modified retrospective method. Under this method, the comparative information is not restated.
[2]	The Company has initially applied ASC 2016-02 (Topic 842) using the modified retrospective method. Under this method, the comparative information is not restated.
[3]	The Company has initially applied ASC 2016-02 (Topic 842) using the modified retrospective method. Under this method, the comparative information is not restated.

Note 15 - Share-based Payment_2

Note 15 - Share-based Payments (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Share-based Payment Arrangement, Nonvested Award, Option, Cost Not yet Recognized, Amount	$ 6,200
Share-based Payment Arrangement, Expense	500	$ 600
Share-based Payment Arrangement, Amount Capitalized	$ 0	$ 0
Share-based Payment Arrangement, Option [Member]
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition	2 years 328 days

Note 15 - Share-based Payment_3

Note 15 - Share-based Payments - Stock Option Transactions (Details) - $ / shares	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Outstanding, Number of shares (in shares)	702,337	653,571
Outstanding, Weighted average exercise price per share (in dollars per share)	$ 43.80	$ 36.69
Granted, Number of shares (in shares)		11,000
Granted, Weighted average exercise price per share (in dollars per share)		$ 58.52
Exercised, Number of shares (in shares)	(29,043)	(12,563)
Exercised, Weighted average exercise price per share (in dollars per share)	$ 24.63	$ 7.79
Forfeited, Number of shares (in shares)	(6,751)	(17,125)
Forfeited, Weighted average exercise price per share (in dollars per share)	$ 59.40	$ 42.54
Expired, Number of shares (in shares)	(1,387)
Expired, Weighted average exercise price per share (in dollars per share)	$ 60.82
Outstanding, Number of shares (in shares)	665,156	634,883
Outstanding, Weighted average exercise price per share (in dollars per share)	$ 44.46	$ 37.48
Options exercisable, Number of shares (in shares)	304,007	245,933
Options exercisable, Weighted average exercise price per share (in dollars per share)	$ 29.52	$ 16.62

Note 15 - Share-based Payment_4

Note 15 - Share-based Payments - Summary of Exercise Prices, Weighted Average Remaining Contractual Life and Intrinsic Values of Outstanding Options (Details) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2019USD ($)$ / sharesshares
Number outstanding (in shares) \| shares	665,156
Weighted average exercise price per share, options outstanding (in dollars per share)	$ 44.46
Weighted average remaining contractual life, options outstanding (Year)	4 years 146 days
Aggregate intrinsic value, options outstanding \| $	$ 24,426
Number exercisable (in shares) \| shares	304,007
Weighted average exercise price per share, options exercisable (in dollars per share)	$ 29.52
Weighted average remaining contractual life, options exercisable (Year)	3 years
Aggregate intrinsic value, options exercisable \| $	$ 15,706
Exercise Price Range 01 [Member]
Exercise price - lower (in dollars per share)	$ 5.52
Exercise price - higher (in dollars per share)	$ 8.56
Number outstanding (in shares) \| shares	48,633
Weighted average exercise price per share, options outstanding (in dollars per share)	$ 6.96
Weighted average remaining contractual life, options outstanding (Year)	255 days
Aggregate intrinsic value, options outstanding \| $	$ 3,610
Number exercisable (in shares) \| shares	48,633
Weighted average exercise price per share, options exercisable (in dollars per share)	$ 6.96
Weighted average remaining contractual life, options exercisable (Year)	255 days
Aggregate intrinsic value, options exercisable \| $	$ 3,610
Exercise Price Range 02 [Member]
Exercise price - lower (in dollars per share)	$ 10.16
Exercise price - higher (in dollars per share)	$ 19.95
Number outstanding (in shares) \| shares	91,438
Weighted average exercise price per share, options outstanding (in dollars per share)	$ 16.30
Weighted average remaining contractual life, options outstanding (Year)	2 years 73 days
Aggregate intrinsic value, options outstanding \| $	$ 5,933
Number exercisable (in shares) \| shares	90,188
Weighted average exercise price per share, options exercisable (in dollars per share)	$ 16.25
Weighted average remaining contractual life, options exercisable (Year)	2 years 73 days
Aggregate intrinsic value, options exercisable \| $	$ 5,856
Exercise Price Range 03 [Member]
Exercise price - lower (in dollars per share)	$ 21.10
Exercise price - higher (in dollars per share)	$ 27.53
Number outstanding (in shares) \| shares	61,250
Weighted average exercise price per share, options outstanding (in dollars per share)	$ 23.62
Weighted average remaining contractual life, options outstanding (Year)	2 years 328 days
Aggregate intrinsic value, options outstanding \| $	$ 3,526
Number exercisable (in shares) \| shares	51,250
Weighted average exercise price per share, options exercisable (in dollars per share)	$ 24.11
Weighted average remaining contractual life, options exercisable (Year)	2 years 255 days
Aggregate intrinsic value, options exercisable \| $	$ 2,925
Exercise Price Range 04 [Member]
Exercise price - lower (in dollars per share)	$ 35.25
Exercise price - higher (in dollars per share)	$ 37.35
Number outstanding (in shares) \| shares	14,375
Weighted average exercise price per share, options outstanding (in dollars per share)	$ 35.89
Weighted average remaining contractual life, options outstanding (Year)	4 years 73 days
Aggregate intrinsic value, options outstanding \| $	$ 651
Number exercisable (in shares) \| shares	11,875
Weighted average exercise price per share, options exercisable (in dollars per share)	$ 36.02
Weighted average remaining contractual life, options exercisable (Year)	4 years
Aggregate intrinsic value, options exercisable \| $	$ 536
Exercise Price Range 05 [Member]
Exercise price - lower (in dollars per share)	$ 43.15
Exercise price - higher (in dollars per share)	$ 47
Number outstanding (in shares) \| shares	18,500
Weighted average exercise price per share, options outstanding (in dollars per share)	$ 44.19
Weighted average remaining contractual life, options outstanding (Year)	4 years 292 days
Aggregate intrinsic value, options outstanding \| $	$ 684
Number exercisable (in shares) \| shares	11,500
Weighted average exercise price per share, options exercisable (in dollars per share)	$ 43.99
Weighted average remaining contractual life, options exercisable (Year)	4 years 292 days
Aggregate intrinsic value, options exercisable \| $	$ 428
Exercise Price Range 06 [Member]
Exercise price - lower (in dollars per share)	$ 53.20
Exercise price - higher (in dollars per share)	$ 58.65
Number outstanding (in shares) \| shares	315,608
Weighted average exercise price per share, options outstanding (in dollars per share)	$ 55.67
Weighted average remaining contractual life, options outstanding (Year)	5 years 36 days
Aggregate intrinsic value, options outstanding \| $	$ 8,052
Number exercisable (in shares) \| shares	90,561
Weighted average exercise price per share, options exercisable (in dollars per share)	$ 55.21
Weighted average remaining contractual life, options exercisable (Year)	4 years 292 days
Aggregate intrinsic value, options exercisable \| $	$ 2,351
Exercise Price Range 07 [Member]
Exercise price - lower (in dollars per share)	$ 64.10
Exercise price - higher (in dollars per share)	$ 64.10
Number outstanding (in shares) \| shares	115,352
Weighted average exercise price per share, options outstanding (in dollars per share)	$ 64.10
Weighted average remaining contractual life, options outstanding (Year)	6 years 73 days
Aggregate intrinsic value, options outstanding \| $	$ 1,970
Number exercisable (in shares) \| shares
Weighted average exercise price per share, options exercisable (in dollars per share)
Weighted average remaining contractual life, options exercisable (Year)
Aggregate intrinsic value, options exercisable \| $

Note 16 - Fair Value Measurem_3

Note 16 - Fair Value Measurement - Summary of the Fair Values of the Company's Derivative Instrument Liabilities (Details) - Fair Value, Recurring [Member] - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Total Liabilities	$ 353	$ 1,276
Fair Value, Inputs, Level 2 [Member]
Total Liabilities	$ 353	$ 1,276