Tucows (TCX) 10-Q 7 Aug 19 2019 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2019	Aug. 07, 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
Entity Shell Company	false
Document Type	10-Q
Document Period End Date	Jun. 30, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q2
Amendment Flag	false
Title of 12(b) Security	Common Stock

Consolidated Balance Sheets (Cu

Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands		Jun. 30, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents		$ 12,003	$ 12,637	[1]
Accounts receivable, net of allowance for doubtful accounts of $132 as of June 30, 2019 and $132 as of December 31, 2018		11,588	10,837	[1]
Inventory		3,259	3,775	[1]
Prepaid expenses and deposits		19,455	15,472	[1]
Derivative instrument asset, current portion (note 6)		140
Prepaid domain name registry and ancillary services fees, current portion (note 12)		97,788	87,782	[1]
Other assets (note 4)		2,501
Income taxes recoverable		3,208	1,423	[1]
Total current assets		149,942	131,926	[1]
Prepaid domain name registry and ancillary services fees, long-term portion (note 12)		18,060	18,745	[1]
Property and equipment		64,010	48,065	[1]
Right of use operating lease asset (note 13)		11,395
Contract costs		1,337	1,390	[1]
Intangible assets (note 7)		59,451	49,395	[1]
Goodwill (note 7)		110,093	90,054
Total assets		414,288	339,575	[1]
Current liabilities:
Accounts payable		7,590	8,445	[1]
Accrued liabilities		10,789	5,899	[1]
Customer deposits		13,526	11,919	[1]
Derivative instrument liability (note 6)			1,276	[1]
Deferred rent, current portion			21	[1]
Operating lease liability, current portion (note 13)		1,496
Loan payable, current portion (note 8)			18,400	[1]
Deferred revenue, current portion (note 11)		130,499	116,734	[1]
Accreditation fees payable, current portion		1,038	985	[1]
Income taxes payable		797	1,668	[1]
Total current liabilities		165,735	165,347	[1]
Deferred revenue, long-term portion (note 11)		26,720	26,960	[1]
Accreditation fees payable, long-term portion		231	250	[1]
Deferred rent, long-term portion			116	[1]
Operating lease liability, long-term portion (note 13)		9,482
Loan payable, long-term portion (note 8)		99,901	46,201	[1]
Deferred tax liability	[1]	25,218	20,925
Stockholders' equity (note 15)
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; 10,663,462 shares issued and outstanding as of June 30, 2019 and 10,627,988 shares issued and outstanding as of December 31, 2018		16,461	15,823	[1]
Additional paid-in capital		4,195	3,953	[1]
Retained earnings		66,225	60,810	[1]
Accumulated other comprehensive income (loss)		120	(810)	[1]
Total stockholders' equity		87,001	79,776	[1]
Total liabilities and stockholders' equity		414,288	339,575	[1]
Commitments and contingencies (note 18)
[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	Jun. 30, 2019	Dec. 31, 2018
Accounts receivable, allowance for doubtful accounts	$ 132	$ 132
Preferred stock, no par value (in dollars per share)	$ 0	$ 0	[1]
Preferred stock, shares authorized (in shares)	1,250,000	1,250,000	[1]
Preferred stock, shares issued (in shares)	0	0	[1]
Preferred stock, shares outstanding (in shares)	0	0	[1]
Common stock, no par value (in dollars per share)	$ 0	$ 0	[1]
Common stock, shares authorized (in shares)	250,000,000	250,000,000	[1]
Common stock, shares issued (in shares)	10,663,462	10,627,988	[1]
Common stock, shares outstanding (in shares)	10,663,462	10,627,988	[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.

Consolidated Statements of Oper

Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018		Jun. 30, 2019		Jun. 30, 2018
Net revenues (note 11)	$ 84,117	$ 81,087	[1]	$ 163,070	[1]	$ 176,882	[1],[2]
Cost of revenues (note 11)
Cost of revenues	54,873	54,501	[1]	106,805	[1]	123,473	[1]
Network expenses	2,385	2,701	[1]	4,780	[1]	5,275	[1]
Depreciation of property and equipment	2,038	1,228	[1]	3,839	[1]	2,359	[1]
Amortization of intangible assets	314	499	[1]	488	[1]	998	[1]
Total cost of revenues	59,610	58,929	[1],[3]	115,912	[1]	132,105	[1],[3]
Gross profit	24,507	22,158	[1]	47,158	[1]	44,777	[1]
Expenses:
Sales and marketing	8,856	7,852	[1]	17,597	[1]	16,217	[1]
Technical operations and development	2,752	2,355	[1]	5,275	[1]	4,450	[1]
General and administrative	4,796	4,256	[1]	9,244	[1]	8,786	[1]
Depreciation of property and equipment	134	102	[1]	258	[1]	203	[1]
Amortization of intangible assets	2,251	1,827		4,117		3,659
Loss (gain) on currency forward contracts (note 6)	(31)	52	[1]	(110)	[1]	49	[1]
Total expenses	18,758	16,444	[1]	36,381	[1]	33,364	[1]
Income from operations	5,749	5,714	[1]	10,777	[1]	11,413	[1]
Other income (expenses):
Interest expense, net	(1,314)	(951)	[1]	(2,286)	[1]	(1,847)	[1]
Other income, net		73	[1]		[1]	197	[1]
Total other income (expenses)	(1,314)	(878)	[1]	(2,286)	[1]	(1,650)	[1]
Income before provision for income taxes	4,435	4,836	[1]	8,491	[1]	9,763	[1]
Provision for income taxes (note 9)	1,819	1,228		3,076		2,411
Net income before redeemable non-controlling interest	2,616	3,608	[1]	5,415	[1]	7,352	[1]
Redeemable non-controlling interest			[1]		[1]	(26)	[1]
Net income attributable to redeemable non-controlling interest			[1]		[1]	26	[1]
Net income for the period	2,616	3,608	[1],[4]	5,415	[1]	7,352	[1],[4]
Other comprehensive income, net of tax
Unrealized income (loss) on hedging activities (note 6)	240	(273)	[1]	789	[1]	(256)	[1]
Net amount reclassified to earnings (note 6)	80	13	[1]	141	[1]	13	[1]
Other comprehensive income (loss) net of tax (expense) recovery of ($103) and $84 for the three months ended June 30, 2019 and June 30, 2018, ($298) and $78 for the six months ended June 30, 2019 and June 30, 2018 (note 6)	320	(260)		930		(243)
Comprehensive income, net of tax for the period	$ 2,936	$ 3,348	[1]	$ 6,345	[1]	$ 7,109	[1]
Basic earnings per common share (note 10) (in dollars per share)	$ 0.25	$ 0.34	[1]	$ 0.51	[1]	$ 0.69	[1]
Shares used in computing basic earnings per common share (note 10) (in shares)	10,657,124	10,597,228	[1]	10,646,045	[1]	10,592,994	[1]
Diluted earnings per common share (note 10) (in dollars per share)	$ 0.24	$ 0.33	[1]	$ 0.50	[1]	$ 0.68	[1]
Shares used in computing diluted earnings per common share (note 10) (in shares)	10,840,005	10,803,007	[1]	10,837,456	[1]	10,797,017	[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]	As a result of the bulk transfer of 2.65 million domain names to Namecheap on January 5, 2018, recognized revenue for the six months ended June 30, 2018 includes $14.6 million related to previously deferred revenue for these names.
[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 six months ended June 30, 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		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Other comprehensive income (loss), tax	$ (103)	$ 84	$ (298)	$ 78

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	[1]	Jun. 30, 2019		Jun. 30, 2018	[1]
Operating activities:
Net income for the period	$ 2,616	$ 3,608	[2]	$ 5,415	[2]	$ 7,352	[2]
Items not involving cash:
Depreciation of property and equipment	2,172	1,330		4,097		2,562
Loss on write off of property and equipment				22
Amortization of debt discount and issuance costs	90	69		168		139
Amortization of intangible assets	2,565	2,326		4,605		4,657
Net amortization contract costs	34	25		53		50
Deferred income taxes (recovery)	1,449	(445)		1,911		(492)
Excess tax benefits on share-based compensation expense	(381)	(197)		(737)		(341)
Amortization of deferred rent		(4)				(4)
Net Right of use operating assets/Operating lease liability	79			49
Loss on disposal of domain names	2	28		6		65
Other income		(42)				(171)
Loss (gain) on change in the fair value of forward contracts	(70)	46		(188)		43
Stock-based compensation	685	615		1,210		1,193
Change in non-cash operating working capital:
Accounts receivable	1,031	471		(157)		162
Inventory	108	(350)		516		(304)
Prepaid expenses and deposits	(2,524)	(717)		(2,914)		(1,242)
Prepaid domain name registry and ancillary services fees	1,651	204		(65)		11,548
Income taxes recoverable	(1,639)	165		(2,875)		430
Accounts payable	(1,170)	(1,862)		(384)		270
Accrued liabilities	2,266	(401)		3,587		358
Customer deposits	(808)	(46)		(521)		(2,321)
Deferred revenue	(1,131)	1,067		2,138		(8,531)
Accreditation fees payable	(46)	(136)		34		(96)
Net cash provided by operating activities	6,979	5,754		15,970		15,327
Financing activities:
Proceeds received on exercise of stock options	122	32		194		39
Payment of tax obligations resulting from net exercise of stock options	(185)	(141)		(524)		(288)
Proceeds received on loan payable	7,431	2,500		40,371		2,500
Repayment of loan payable	(3)	(6,253)		(4,603)		(10,825)
Payment of loan payable costs	(434)			(641)		(4)
Net cash (used in) provided by financing activities	6,931	(3,862)		34,797		(8,578)
Investing activities:
Additions to property and equipment	(10,414)	(7,319)		(20,849)		(12,436)
Acquisition of a portion of the minority interest in Ting Virginia, LLC (note 5(a))						(1,200)
Acquisition of other assets (note 4)	(2,501)			(2,501)
Acquisition of Ascio Technologies, net of cash of $1,437 (note 5(b))				(28,024)
Acquisition of intangible assets	(27)			(27)		(1)
Net cash used in investing activities	(12,942)	(7,319)		(51,401)		(13,637)
(Decrease) increase in cash and cash equivalents	968	(5,427)		(634)		(6,888)
Cash and cash equivalents, beginning of period	11,035	16,588		12,637	[3]	18,049
Cash and cash equivalents, end of period	12,003	11,161		12,003		11,161
Supplemental cash flow information:
Interest paid	1,318	961		2,294		1,862
Income taxes paid, net	2,046	2,240		4,164		3,577
Supplementary disclosure of non-cash investing and financing activities:
Property and equipment acquired during the period not yet paid for	$ 674	$ 258		$ 674		$ 258
[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			6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018		Jun. 30, 2019	Jun. 30, 2018
Cash acquired in business acquisition			[1]	$ 1,437		[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.

Note 1 - Organization of the Co

Note 1 - Organization of the Company	6 Months Ended
	Jun. 30, 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	6 Months Ended
	Jun. 30, 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 June 30, 2019 June 30, 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 six June 30, 2019 2018 3

Note 3 - Recent Accounting Pron

Note 3 - Recent Accounting Pronouncements	6 Months Ended
	Jun. 30, 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 to use hindsight when considering the likelihood that lessee options to extend or terminate a lease or purchase the underlying asset will be exercised, and in assessing the impairment of right-of-use assets. 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 - Other Assets

Note 4 - Other Assets	6 Months Ended
	Jun. 30, 2019
Notes to Financial Statements
Other Assets Disclosure [Text Block]	4. Other assets are comprised of the following: Assets June 30, 2019 December 31, 2018 Advance funding for July 16, 2019 acquisition of the mobile customer base from STS Media Inc., (note 19) $ 2,501 $ - $ 2,501 $ -

Note 5 - Acquisitions

Note 5 - Acquisitions	6 Months Ended
	Jun. 30, 2019
Notes to Financial Statements
Business Combination Disclosure [Text Block]	5. (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 December 31, 2019. Goodwill $ 20,039 Cash 1,437 Brand 2,020 Developed technology 2,420 Customer relationships 10,200 Prepaid domain registry fees 9,256 Other assets 2,192 Total assets 47,564 Deferred Revenue (11,387 ) Deferred Tax Liabilities (3,040 ) Other liabilities (3,676 ) Total liabilities (18,103 ) 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 nil $0.3 three six June 30, 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 June 30, Six months ended June 30, Dollar amounts in thousands of U.S. Dollars 2018 2019 2018 Net revenues $ 85,952 $ 167,787 $ 186,998 Net income 2,974 5,496 6,133 Basic earnings per common share 0.28 0.52 0.58 Diluted earnings per common share $ 0.28 $ 0.51 $ 0.57 The amount of revenue recognized since the acquisition date included in the consolidated statements of operations and comprehensive income statement for the three six June 30, 2019 $5.2 $6.0 The net income recognized since the acquisition date included in the consolidated statements of operations and comprehensive income for the three six June 30, 2019 $0.6 $0.7

Note 6 - Derivative Instruments

Note 6 - Derivative Instruments and Hedging Activities	6 Months Ended
	Jun. 30, 2019
Notes to Financial Statements
Derivative Instruments and Hedging Activities Disclosure [Text Block]	6. 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, June 30, 2019, January 1, 2019, As of June 30, 2019, $20.2 $18.6 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 July - September 2019 $ 9,881 $ 1.3136 $ 48 October - December 2019 10,327 1.3174 92 $ 20,208 $ 1.3156 $ 140 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 June 30, 2019 As of December 31, 2018 Foreign Currency forward contracts designated as cash flow hedges (net) Derivative instruments $ 158 $ (1,069 ) Foreign Currency forward contracts not designated as cash flow hedges (net) Derivative instruments (18 ) (207 ) Total foreign currency forward contracts (net) Derivative instruments $ 140 $ (1,276 ) Movement in accumulated other comprehensive income (“AOCI”) balance for the three June 30, 2019 ( Gains and losses on cash flow hedges Tax impact Total AOCI Opening AOCI balance - March 31, 2019 $ (264 ) $ 64 $ (200 ) Other comprehensive income (loss) before reclassifications 317 (77 ) 240 Amount reclassified from AOCI 106 (26 ) 80 Other comprehensive income (loss) for the three months ended June 30, 2019 423 (103 ) 320 Ending AOCI Balance - June 30, 2019 $ 159 $ (39 ) $ 120 Movement in AOCI balance for the six months ended June 30, 2019 (Dollar amounts in thousands of U.S. dollars) : 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 1,042 (253 ) 789 Amount reclassified from AOCI 186 (45 ) 141 Other comprehensive income (loss) for the six months ended June 30, 2019 1,228 (298 ) 930 Ending AOCI Balance - June 30, 2019 $ 159 $ (39 ) $ 120 Effects of derivative instruments on income and OCI for the three months ended June 3 0 , 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 $ (91 ) $ - $ - Foreign currency forward contracts for the three months ended June 30, 2019 $ 320 Cost of revenues $ (15 ) $ - $ - Operating expenses $ (1 ) $ - $ - Foreign currency forward contracts for the three months ended June 30, 2018 $ (260 ) Cost of revenues $ (16 ) $ - $ - Effects of derivative instruments on income and OCI for the six June 3 0 , 2019 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 $ (154 ) $ - $ - Foreign currency forward contracts for the six months ended June 30, 2019 $ 930 Cost of revenues $ (32 ) $ - $ - Operating expenses $ (1 ) $ - $ - Foreign currency forward contracts for the six months ended June 30, 2018 $ (243 ) Cost of revenues $ (16 ) $ - $ - In addition to the above, for those foreign currency forward contracts not $0.1 $0.1 three June 30, 2019. $0.1 $0.2 six June 30, 2019 The Company recorded a loss on settlement of less than $0.1 $0.1 three June 30, 2018 $0.1 $0.1 six June 30, 2018

Note 7 - Goodwill and Other Int

Note 7 - Goodwill and Other Intangible Assets	6 Months Ended
	Jun. 30, 2019
Notes to Financial Statements
Goodwill and Intangible Assets Disclosure [Text Block]	7. 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 $110.1 June 30, 2019 ( December 31, 2018 – $90.1 $20.0 December 31, 2018, 5 98% $108.0 2% $2.1 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 June 30, 2019 June 30, 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 June 30, 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 March 31, 2019 $ 11,175 $ 1,242 $ 10,575 $ 36,084 $ 2,412 $ 503 $ 61,991 Acquisition of Ascio Technologies, Inc. (note 5 (b)) - - - - - - - Acquisition of customer relationships - - - 27 - - 27 Additions to/(disposals from) domain portfolio, net (2 ) - - - - - (2 ) Amortization expense - - (515 ) (1,736 ) (302 ) (12 ) (2,565 ) Balances June 30, 2019 $ 11,173 $ 1,242 $ 10,060 $ 34,375 $ 2,110 $ 491 $ 59,451 A summary of acquired intangible assets for the six June 30, 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 4-7 years 2 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 5 (b)) - - 2,020 10,200 2,420 - 14,640 Acquisition of customer relationships - - - 27 - - 27 Additions to/(disposals from) domain portfolio, net (3 ) (3 ) - - - - (6 ) Amortization expense - - (964 ) (3,144 ) (473 ) (24 ) (4,605 ) Balances June 30, 2019 11,173 1,242 10,060 34,375 2,110 491 59,451 The following table shows the estimated amortization expense in future periods, assuming no (Dollar amounts in thousands of U.S. dollars) June 30, 2019 Remainder of 2019 4,719 2020 9,427 2021 9,415 2022 9,283 2023 9,279 Thereafter 4,913 Total 47,036 As of June 30, 2019, $29.2 December 31, 2018, $24.5

Note 8 - Loan Payable

Note 8 - Loan Payable	6 Months Ended
	Jun. 30, 2019
Notes to Financial Statements
Debt Disclosure [Text Block]	8. Amended 2019 Facility On June 14, 2019, 2019 $240 $180 $60 2019 2017 In connection with the Amended 2019 $0.3 $0.2 $0.4 $0.1 The obligations of the Company under the Amended 2019 first four 2017 Amended Credit Facility Prior to entering into the Amended 2019 “2017 January 20, 2017 $140 On March 18, 2019, 2017 5 2017 $0.2 The obligations of the Company under the 2017 first four Credit Facility Terms The Amended 2019 no The Amended 2019 2019 2019 3.50:1; 2019 not 3.00:1. 110% 2.00:1. June 30, 2019, June 30, 2018, 2017 Borrowings under the Amended 2019 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 2.50 Greater than or equal to 2.50 Canadian dollar borrowings based on Canadian Dollar Offered Rate or U.S. dollar borrowings based on LIBOR (Margin) 1.50% 1.85% 2.35% 2.85% Canadian borrowings based on Prime Rate or Canadian or U.S. dollar borrowings based on Base Rate (Margin) 0.25% 0.60% 1.10% 1.60% Standby fees 0.30% 0.37% 0.47% 0.57% The following table summarizes the Company’s borrowings under the Revolver under the Amended 2019 2017 ) June 30, 2019 December 31, 2018 Revolver 100,927 Facility A $ - $ 1,000 Facility B - 6,000 Facility C - 3,232 Facility D - 54,924 Less: unamortized debt discount and issuance costs (1,026 ) (555 ) Total loan payable $ 99,901 $ 64,601 Less: loan payable, current portion - (18,400 ) Loan payable, long-term portion $ 99,901 $ 46,201 The following table summarizes our scheduled principal repayments as of June 30, 2019 ( Remainder of 2019 $ - 2020 - 2021 - 2022 - 2023 100,927 $ 100,927 Other Credit Facilit ies Prior to the Company entering into the Amended 2019 2017

Note 9 - Income Taxes

Note 9 - Income Taxes	6 Months Ended
	Jun. 30, 2019
Notes to Financial Statements
Income Tax Disclosure [Text Block]	9. For the three June 30, 2019, $1.8 $4.4 December 31, 2019 ( 2019” $0.4 2016 09, three June 30, 2018, $1.2 $4.8 2018 $0.2 2016 09. For the six June 30, 2019, $3.1 $8.5 December 31, 2019 ( 2019” $0.7 2016 09, three June 30, 2018, $2.4 $9.8 2018 $0.3 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 June 30, 2019 December 31, 2018, In Fiscal 2017, 2018, not not may

Note 10 - Basic and Diluted Ear

Note 10 - Basic and Diluted Earnings Per Common Share	6 Months Ended
	Jun. 30, 2019
Notes to Financial Statements
Earnings Per Share [Text Block]	10. 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 June 30, Six months ended June 30, 2019 2018 2019 2018 Numerator for basic and diluted earnings per common share: Net income for the period 2,616 3,608 5,415 7,352 Denominator for basic and diluted earnings per common share: Basic weighted average number of common shares outstanding 10,657,124 10,597,228 10,646,045 10,592,994 Effect of outstanding stock options 182,881 205,779 191,411 204,023 Diluted weighted average number of shares outstanding 10,840,005 10,803,007 10,837,456 10,797,017 Basic earnings per common share 0.25 0.34 0.51 0.69 Diluted earnings per common share 0.24 0.33 0.50 0.68 For the three June 30, 2019, 260,700 not three June 30, 2018, 419,000 not For the six June 30, 2019, 260,700 not six June 30, 2018, 449,000 not During the three six June 30, 2019, not February 13, 2019, February 13, 2020. During the six June 30, 2019 not February 14, 2018 February 13, 2019. During the three six June 30, 2018, not February 14, 2018, February 13, 2019.

Note 11 - Revenue

Note 11 - Revenue	6 Months Ended
	Jun. 30, 2019
Notes to Financial Statements
Revenue from Contract with Customer [Text Block]	11. 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 14 (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): Revenue Three months ended June 30, Six months ended June 30, 2019 2018 2019 2018 (1) Network Access Services: Mobile Services $ 20,986 $ 22,411 $ 41,795 $ 44,283 Other Services 2,644 1,895 5,087 3,631 Total Network Access Services 23,630 24,306 46,882 47,914 Domain Services Wholesale Domain Services 46,485 42,540 89,076 100,968 Value Added Services 4,775 4,601 8,959 9,035 Total Wholesale 51,260 47,141 98,035 110,003 Retail 8,783 8,477 17,425 16,913 Portfolio 444 1,163 728 2,052 Total Domain Services 60,487 56,781 116,188 128,968 $ 84,117 $ 81,087 $ 163,070 $ 176,882 1 2.65 January 5, 2018, six June 30, 2018 $14.6 During the three six June 30, 2019, no 10% three June 30, 2018, no 10% six June 30, 2018, one 11% June 30, 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): Cost of Revenue Three months ended June 30, Six months ended June 30, 2019 2018 (1) 2019 2018 (1) Network Access Services: Mobile Services $ 10,806 $ 11,978 $ 21,549 $ 23,243 Other Services 956 1,290 2,025 2,230 Total Network Access Services 11,762 13,268 23,574 25,473 Domain Services Wholesale Domain Services 37,817 35,844 72,656 87,161 Value Added Services 738 748 1,531 1,605 Total Wholesale 38,555 36,592 74,187 88,766 Retail 4,409 4,446 8,768 8,855 Portfolio 147 195 276 379 Total Domain Services 43,111 41,233 83,231 98,000 Network Expenses: Network, other costs 2,385 2,701 4,780 5,275 Network, depreciation and amortization costs 2,352 1,727 4,327 3,357 4,737 4,428 9,107 8,632 $ 59,610 $ 58,929 $ 115,912 $ 132,105 1 2.65 January 5th, 2018, six June 30, 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 Six months ended June 30, 2019 Balance, beginning of period $ 143,694 Acquired in a business combination 1 11,387 Deferred revenue 119,356 Recognized revenue (117,218 ) Balance, end of period $ 157,219 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 12 - Costs to Obtain and F

Note 12 - Costs to Obtain and Fulfill a Contract	6 Months Ended
	Jun. 30, 2019
Notes to Financial Statements
Capitalized Contract Costs [Text Block]	12. Costs to obtain and fulfill a contract 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 six June 30, 2019, $83.0 $82.9 $9.3 March 18, 2019. six June 30, 2019 Prepaid domain name registry and ancillary services fees Six months ended June 30, 2019 Balance, beginning of period $ 106,527 Acquired in a business combination 1 9,256 Capitalization of costs 82,980 Amortization of costs (82,915 ) Balance, end of period $ 115,848 1 March 18, 2019. 1 10

Note 13 - Leases

Note 13 - Leases	6 Months Ended
	Jun. 30, 2019
Notes to Financial Statements
Lessee, Operating Leases [Text Block]	13. 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 to use hindsight when considering the likelihood that lessee options to extend or terminate a lease or purchase the underlying asset will be exercised, and in assessing the impairment of right-of-use assets. 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. The components of lease expense were as follows (Dollar amounts in thousands of U.S. dollars): Three months ended, Six months ended, June 30, 2019 June 30, 2019 Operating Lease Cost (leases with a total term greater than 12 months) $ 826 $ 1,897 Short-term Lease Cost (leases with a total term of 12 months or less) 279 403 Variable Lease Cost 193 364 Total Lease Cost $ 1,298 $ 2,664 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, Six months ended, June 30, 2019 June 30, 2019 Supplemental cashflow information: Operating Lease - Operating Cash Flows (Fixed Payments) $ 834 $ 1,885 Operating Lease - Operating Cash Flows (Liability Reduction) $ 703 $ 1,651 New ROU Assets - Operating Leases $ 41 $ 4,468 Supplemental balance sheet information related to leases: June 30, 2019 (Transition) Weighted Average Discount Rate 5.26 % 5.04 % Weighted Average Remaining Lease Term (in years) 8.62 5.62 Maturity of lease liability as of June 30, 2019 ( June 30, 2019 Remaining of 2019 $ 1,056 2020 1,873 2021 1,694 2022 1,621 2023 1,592 Thereafter 6,013 Total future lease payments 13,849 Less interest 2,871 Total $ 10,978 Operating lease payments include payments under the non-cancellable term and approximately $0.7 As of June 30, 2019, not not In January 2019, $3.9

Note 14 - Segment Reporting

Note 14 - Segment Reporting	6 Months Ended
	Jun. 30, 2019
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	1 4 . 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 11 Information by operating segments (with the exception of disaggregated revenue, which is discussed in Note 11 Three months ended June 30, 2019 Network Access Services Domain Services Consolidated Totals Net Revenues $ 23,630 $ 60,487 $ 84,117 Cost of revenues Cost of revenues 11,762 43,111 54,873 Network expenses 516 1,869 2,385 Depreciation of property and equipment 1,656 382 2,038 Amortization of intangible assets 12 302 314 Total cost of revenues 13,946 45,664 59,610 Gross Profit 9,684 14,823 24,507 Expenses: Sales and marketing 8,856 Technical operations and development 2,752 General and administrative 4,796 Depreciation of property and equipment 134 Amortization of intangible assets 2,251 Loss (gain) on currency forward contracts (31 ) Income from operations 5,749 Other income (expenses), net (1,314 ) Income before provisions for income taxes $ 4,435 Three months ended June 30, 2018 Network Access Services Domain Services Consolidated Totals Net Revenues $ 24,306 $ 56,781 $ 81,087 Cost of revenues Cost of revenues 13,268 41,233 54,501 Network expenses 640 2,061 2,701 Depreciation of property and equipment 903 325 1,228 Amortization of intangible assets 11 488 499 Total cost of revenues 14,822 44,107 58,929 Gross Profit 9,484 12,674 22,158 Expenses: Sales and marketing 7,852 Technical operations and development 2,355 General and administrative 4,256 Depreciation of property and equipment 102 Amortization of intangible assets 1,827 Loss (gain) on currency forward contracts 52 Income from operations 5,714 Other income (expenses), net (878 ) Income before provisions for income taxes $ 4,836 Six months ended June 30, 2019 Network Access Services Domain Services Consolidated Totals Net Revenues $ 46,882 $ 116,188 $ 163,070 Cost of revenues Cost of revenues 23,574 83,231 106,805 Network expenses 1,038 3,742 4,780 Depreciation of property and equipment 3,109 730 3,839 Amortization of intangible assets 23 465 488 Total cost of revenues 27,744 88,168 115,912 Gross Profit 19,138 28,020 47,158 Expenses: Sales and marketing 17,597 Technical operations and development 5,275 General and administrative 9,244 Depreciation of property and equipment 258 Amortization of intangible assets 4,117 Loss (gain) on currency forward contracts (110 ) Income from operations 10,777 Other income (expenses), net (2,286 ) Income before provisions for income taxes $ 8,491 Six months ended June 30, 2018 Network Access Services Domain Services Consolidated Totals Net Revenues $ 47,914 $ 128,968 $ 176,882 Cost of revenues Cost of revenues 25,473 98,000 123,473 Network expenses 1,130 4,145 5,275 Depreciation of property and equipment 1,737 622 2,359 Amortization of intangible assets 23 975 998 Total cost of revenues 28,363 103,742 132,105 Gross Profit 19,551 25,226 44,777 Expenses: Sales and marketing 16,217 Technical operations and development 4,450 General and administrative 8,786 Depreciation of property and equipment 203 Amortization of intangible assets 3,659 Loss (gain) on currency forward contracts 49 Income from operations 11,413 Other income (expenses), net (1,650 ) Income before provisions for income taxes $ 9,763 (b) The following is a summary of the Company’s property and equipment by geographic region ( Dollar amounts in thousands of U.S. dollars Property and Equipment by region June 30, 2019 December 31, 2018 Canada $ 2,247 $ 1,393 United States 61,558 46,631 Germany 205 41 $ 64,010 $ 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): Amortizable assets by region June 30, 2019 December 31, 2018 Canada $ 5,883 $ 6,553 United States 41,153 30,421 $ 47,036 $ 36,974 (d) Valuation and qualifying accounts (Dollar amounts in thousands of U.S. dollars): Allowance for doubtful accounts Balance at beginning of period Charged to costs and expenses Write- offs during period Balance at end of period Six months ended June 30, 2019 $ 132 $ - $ - $ 132 Year ended December 31, 2018 $ 168 $ (36 ) $ - $ 132

Note 15 - Stockholders' Equity

Note 15 - Stockholders' Equity	6 Months Ended
	Jun. 30, 2019
Notes to Financial Statements
Stockholders' Equity Note Disclosure [Text Block]	1 5 . Stockholders’ Equity: The following table summarizes stockholders' equity transactions for the three June 30, 2019 ( Common Stock Number Amount Additional Paid in Capital Retained earnings (deficit) Accumulated other comprehensive income (loss) Total stockholders' equity Balance on March 31, 2019 10,643,750 $ 16,188 $ 3,844 $ 63,609 $ (200 ) $ 83,441 Exercise of Stock options 25,316 273 (150 ) - - 123 Shares deducted from exercise of stock options for payment of witholding taxes and exercise consideration (5,604 ) - (184 ) - - (184 ) Stock-based compensation - - 685 - - 685 Net income - - - 2,616 - 2,616 Other comprehensive income (loss) - - - - 320 320 Balances, June 30, 2019 10,663,462 $ 16,461 $ 4,195 $ 66,225 $ 120 $ 87,001 The following table summarizes stockholders' equity transactions for the six June 30, 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 54,359 638 (444 ) - - 194 Shares deducted from exercise of stock options for payment of witholding taxes and exercise consideration (18,885 ) - (524 ) - - (524 ) Stock-based compensation - - 1,210 - - 1,210 Net income - - - 5,415 - 5,415 Other comprehensive income (loss) - - - - 930 930 Balances, June 30, 2019 10,663,462 $ 16,461 $ 4,195 $ 66,225 $ 120 $ 87,001 2019 On February 13, 2019, $40 $40 February 14, 2019 February 13, 2020. three six June 30, 2019, not 2018 On February 14, 2018, $40 February 14, 2018 February 13, 2019. three six June 30, 2018 six June 30, 2019, not 2017 On March 1, 2017, $40 March 1, 2017 February 14, 2018. six June 30, 2018, not

Note 16 - Share-based Payments

Note 16 - Share-based Payments	6 Months Ended
	Jun. 30, 2019
Notes to Financial Statements
Share-based Payment Arrangement [Text Block]	1 6 . 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 June 30, 2019 June 30, 2018 Three months ended June 30, 2019 Three months ended June 30, 2018 Number of Shares Weighted average exercise price per share Number of Shares Weighted average exercise price per share Outstanding, beginning of period 665,156 $ 44.46 634,883 $ 37.48 Granted 144,300 62.12 128,566 64.10 Exercised (25,316 ) 13.26 (16,153 ) 12.26 Forfeited (8,550 ) 56.08 (13,100 ) 55.04 Expired (675 ) 55.65 - - Outstanding, end of period 774,915 $ 48.63 734,196 $ 42.39 Options exercisable, end of period 306,078 $ 33.97 229,780 $ 16.92 Details of stock option transactions for the six June 30, 2019 June 30, 2018 Six months ended June 30, 2019 Six months ended June 30, 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 144,300 62.12 139,566 63.66 Exercised (54,359 ) 19.34 (28,716 ) 10.30 Forfeited (15,301 ) 57.55 (30,225 ) 47.96 Expired (2,062 ) 55.65 - - Outstanding, end of period 774,915 $ 48.63 734,196 $ 42.39 Options exercisable, end of period 306,078 $ 33.97 229,780 $ 16.92 As of June 30, 2019, Options outstanding Options exercisable Exercise Price Number outstanding Weighted average exercise price per share Aggregate intrinsic value Number outstanding Weighted average exercise price per share Weighted average remaining contractual life (years) Aggregate intrinsic value $5.52 - $8.56 32,785 $ 7.49 $ 1,755 32,785 $ 7.49 0.7 $ 1,755 $10.16 - $19.95 86,475 16.32 3,865 85,225 16.27 2.0 3,814 $21.10 - $27.53 58,750 23.73 2,191 48,750 24.27 2.4 1,792 $35.25 - $37.35 14,375 35.89 361 11,875 36.02 3.8 297 $43.15 - $47.00 16,250 44.33 271 11,500 43.99 4.6 196 $53.20 - $58.65 310,603 55.67 1,663 87,881 55.20 4.6 511 $62.12 - $64.10 255,677 62.99 - 28,062 64.10 3.2 - 774,915 $ 48.63 $ 10,106 306,078 $ 33.97 3.2 $ 8,365 Total unrecognized compensation cost relating to unvested stock options at June 30, 2019, $8.1 2.7 The Company recorded stock-based compensation of $0.7 $1.2 three six June 30, 2019, $0.6 $1.2 three six June 30, 2018, The Company has not

Note 17 - Fair Value Measuremen

Note 17 - Fair Value Measurement	6 Months Ended
	Jun. 30, 2019
Notes to Financial Statements
Fair Value Disclosures [Text Block]	1 7 . 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 June 30, 2019 ( Dollar amounts in thousands of U.S. dollars June 30, 2019 Fair Value Measurement Using Level 1 Level 2 Level 3 Assets at Fair value Derivative Instrument asset Total Asset $ $ 140 $ $ 140 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 18 - Contingencies

Note 18 - Contingencies	6 Months Ended
	Jun. 30, 2019
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	1 8 . 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 June 30, 2019 not

Note 19 - Subsequent Events

Note 19 - Subsequent Events	6 Months Ended
	Jun. 30, 2019
Notes to Financial Statements
Subsequent Events [Text Block]	1 9 . Subsequent Events On July 2, 2019, five 2019. five Concurrent with the Verizon Agreement, the Company notified T-Mobile that it does not December 8, 2014, April 20, 2018 ( December 19, 2019. twelve December 19, 2019 2020. one On May 31, 2019, 150,000 $3.6 July 2019 $2.5 second 2019 third 2019

Note 4 - Other Assets (Tables)

Note 4 - Other Assets (Tables)	6 Months Ended
	Jun. 30, 2019
Notes Tables
Schedule of Other Current Assets [Table Text Block]	Assets June 30, 2019 December 31, 2018 Advance funding for July 16, 2019 acquisition of the mobile customer base from STS Media Inc., (note 19) $ 2,501 $ - $ 2,501 $ -

Note 5 - Acquisitions (Tables)

Note 5 - Acquisitions (Tables)	6 Months Ended
	Jun. 30, 2019
Notes Tables
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]	Goodwill $ 20,039 Cash 1,437 Brand 2,020 Developed technology 2,420 Customer relationships 10,200 Prepaid domain registry fees 9,256 Other assets 2,192 Total assets 47,564 Deferred Revenue (11,387 ) Deferred Tax Liabilities (3,040 ) Other liabilities (3,676 ) Total liabilities (18,103 ) Preliminary consideration paid $ 29,461
Business Acquisition, Pro Forma Information [Table Text Block]	Three months ended June 30, Six months ended June 30, Dollar amounts in thousands of U.S. Dollars 2018 2019 2018 Net revenues $ 85,952 $ 167,787 $ 186,998 Net income 2,974 5,496 6,133 Basic earnings per common share 0.28 0.52 0.58 Diluted earnings per common share $ 0.28 $ 0.51 $ 0.57

Note 6 - Derivative Instrumen_2

Note 6 - Derivative Instruments and Hedging Activities (Tables)	6 Months Ended
	Jun. 30, 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 July - September 2019 $ 9,881 $ 1.3136 $ 48 October - December 2019 10,327 1.3174 92 $ 20,208 $ 1.3156 $ 140
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 June 30, 2019 As of December 31, 2018 Foreign Currency forward contracts designated as cash flow hedges (net) Derivative instruments $ 158 $ (1,069 ) Foreign Currency forward contracts not designated as cash flow hedges (net) Derivative instruments (18 ) (207 ) Total foreign currency forward contracts (net) Derivative instruments $ 140 $ (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 - March 31, 2019 $ (264 ) $ 64 $ (200 ) Other comprehensive income (loss) before reclassifications 317 (77 ) 240 Amount reclassified from AOCI 106 (26 ) 80 Other comprehensive income (loss) for the three months ended June 30, 2019 423 (103 ) 320 Ending AOCI Balance - June 30, 2019 $ 159 $ (39 ) $ 120 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 1,042 (253 ) 789 Amount reclassified from AOCI 186 (45 ) 141 Other comprehensive income (loss) for the six months ended June 30, 2019 1,228 (298 ) 930 Ending AOCI Balance - June 30, 2019 $ 159 $ (39 ) $ 120
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 $ (91 ) $ - $ - Foreign currency forward contracts for the three months ended June 30, 2019 $ 320 Cost of revenues $ (15 ) $ - $ - Operating expenses $ (1 ) $ - $ - Foreign currency forward contracts for the three months ended June 30, 2018 $ (260 ) Cost of revenues $ (16 ) $ - $ - 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 $ (154 ) $ - $ - Foreign currency forward contracts for the six months ended June 30, 2019 $ 930 Cost of revenues $ (32 ) $ - $ - Operating expenses $ (1 ) $ - $ - Foreign currency forward contracts for the six months ended June 30, 2018 $ (243 ) Cost of revenues $ (16 ) $ - $ -

Note 7 - Goodwill and Other I_2

Note 7 - Goodwill and Other Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 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 March 31, 2019 $ 11,175 $ 1,242 $ 10,575 $ 36,084 $ 2,412 $ 503 $ 61,991 Acquisition of Ascio Technologies, Inc. (note 5 (b)) - - - - - - - Acquisition of customer relationships - - - 27 - - 27 Additions to/(disposals from) domain portfolio, net (2 ) - - - - - (2 ) Amortization expense - - (515 ) (1,736 ) (302 ) (12 ) (2,565 ) Balances June 30, 2019 $ 11,173 $ 1,242 $ 10,060 $ 34,375 $ 2,110 $ 491 $ 59,451 Surname domain names Direct navigation domain names Brand Customer relationships Technology Network rights Total Amortization period indefinite life indefinite life 7 years 4-7 years 2 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 5 (b)) - - 2,020 10,200 2,420 - 14,640 Acquisition of customer relationships - - - 27 - - 27 Additions to/(disposals from) domain portfolio, net (3 ) (3 ) - - - - (6 ) Amortization expense - - (964 ) (3,144 ) (473 ) (24 ) (4,605 ) Balances June 30, 2019 11,173 1,242 10,060 34,375 2,110 491 59,451
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]	June 30, 2019 Remainder of 2019 4,719 2020 9,427 2021 9,415 2022 9,283 2023 9,279 Thereafter 4,913 Total 47,036

Note 8 - Loan Payable (Tables)

Note 8 - Loan Payable (Tables)	6 Months Ended
	Jun. 30, 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 2.50 Greater than or equal to 2.50 Canadian dollar borrowings based on Canadian Dollar Offered Rate or U.S. dollar borrowings based on LIBOR (Margin) 1.50% 1.85% 2.35% 2.85% Canadian borrowings based on Prime Rate or Canadian or U.S. dollar borrowings based on Base Rate (Margin) 0.25% 0.60% 1.10% 1.60% Standby fees 0.30% 0.37% 0.47% 0.57%
Schedule of Debt [Table Text Block]	June 30, 2019 December 31, 2018 Revolver 100,927 Facility A $ - $ 1,000 Facility B - 6,000 Facility C - 3,232 Facility D - 54,924 Less: unamortized debt discount and issuance costs (1,026 ) (555 ) Total loan payable $ 99,901 $ 64,601 Less: loan payable, current portion - (18,400 ) Loan payable, long-term portion $ 99,901 $ 46,201
Schedule of Maturities of Long-term Debt [Table Text Block]	Remainder of 2019 $ - 2020 - 2021 - 2022 - 2023 100,927 $ 100,927

Note 10 - Basic and Diluted E_2

Note 10 - Basic and Diluted Earnings Per Common Share (Tables)	6 Months Ended
	Jun. 30, 2019
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three months ended June 30, Six months ended June 30, 2019 2018 2019 2018 Numerator for basic and diluted earnings per common share: Net income for the period 2,616 3,608 5,415 7,352 Denominator for basic and diluted earnings per common share: Basic weighted average number of common shares outstanding 10,657,124 10,597,228 10,646,045 10,592,994 Effect of outstanding stock options 182,881 205,779 191,411 204,023 Diluted weighted average number of shares outstanding 10,840,005 10,803,007 10,837,456 10,797,017 Basic earnings per common share 0.25 0.34 0.51 0.69 Diluted earnings per common share 0.24 0.33 0.50 0.68

Note 11 - Revenue (Tables)

Note 11 - Revenue (Tables)	6 Months Ended
	Jun. 30, 2019
Notes Tables
Disaggregation of Revenue [Table Text Block]	Three months ended June 30, Six months ended June 30, 2019 2018 2019 2018 (1) Network Access Services: Mobile Services $ 20,986 $ 22,411 $ 41,795 $ 44,283 Other Services 2,644 1,895 5,087 3,631 Total Network Access Services 23,630 24,306 46,882 47,914 Domain Services Wholesale Domain Services 46,485 42,540 89,076 100,968 Value Added Services 4,775 4,601 8,959 9,035 Total Wholesale 51,260 47,141 98,035 110,003 Retail 8,783 8,477 17,425 16,913 Portfolio 444 1,163 728 2,052 Total Domain Services 60,487 56,781 116,188 128,968 $ 84,117 $ 81,087 $ 163,070 $ 176,882
Schedule of Cost of Revenues by Revenue Stream [Table Text Block]	Three months ended June 30, Six months ended June 30, 2019 2018 (1) 2019 2018 (1) Network Access Services: Mobile Services $ 10,806 $ 11,978 $ 21,549 $ 23,243 Other Services 956 1,290 2,025 2,230 Total Network Access Services 11,762 13,268 23,574 25,473 Domain Services Wholesale Domain Services 37,817 35,844 72,656 87,161 Value Added Services 738 748 1,531 1,605 Total Wholesale 38,555 36,592 74,187 88,766 Retail 4,409 4,446 8,768 8,855 Portfolio 147 195 276 379 Total Domain Services 43,111 41,233 83,231 98,000 Network Expenses: Network, other costs 2,385 2,701 4,780 5,275 Network, depreciation and amortization costs 2,352 1,727 4,327 3,357 4,737 4,428 9,107 8,632 $ 59,610 $ 58,929 $ 115,912 $ 132,105
Contract with Customer, Asset and Liability [Table Text Block]	Six months ended June 30, 2019 Balance, beginning of period $ 143,694 Acquired in a business combination 1 11,387 Deferred revenue 119,356 Recognized revenue (117,218 ) Balance, end of period $ 157,219

Note 12 - Costs to Obtain and_2

Note 12 - Costs to Obtain and Fulfill a Contract (Tables)	6 Months Ended
	Jun. 30, 2019
Notes Tables
Capitalized Contract Cost [Table Text Block]	Six months ended June 30, 2019 Balance, beginning of period $ 106,527 Acquired in a business combination 1 9,256 Capitalization of costs 82,980 Amortization of costs (82,915 ) Balance, end of period $ 115,848

Note 13 - Leases (Tables)

Note 13 - Leases (Tables)	6 Months Ended
	Jun. 30, 2019
Notes Tables
Lease, Cost [Table Text Block]	Three months ended, Six months ended, June 30, 2019 June 30, 2019 Operating Lease Cost (leases with a total term greater than 12 months) $ 826 $ 1,897 Short-term Lease Cost (leases with a total term of 12 months or less) 279 403 Variable Lease Cost 193 364 Total Lease Cost $ 1,298 $ 2,664 Three months ended, Six months ended, June 30, 2019 June 30, 2019 Supplemental cashflow information: Operating Lease - Operating Cash Flows (Fixed Payments) $ 834 $ 1,885 Operating Lease - Operating Cash Flows (Liability Reduction) $ 703 $ 1,651 New ROU Assets - Operating Leases $ 41 $ 4,468 Supplemental balance sheet information related to leases: June 30, 2019 (Transition) Weighted Average Discount Rate 5.26 % 5.04 % Weighted Average Remaining Lease Term (in years) 8.62 5.62
Lessee, Operating Lease, Liability, Maturity [Table Text Block]	June 30, 2019 Remaining of 2019 $ 1,056 2020 1,873 2021 1,694 2022 1,621 2023 1,592 Thereafter 6,013 Total future lease payments 13,849 Less interest 2,871 Total $ 10,978

Note 14 - Segment Reporting (Ta

Note 14 - Segment Reporting (Tables)	6 Months Ended
	Jun. 30, 2019
Notes Tables
Condensed Income Statement [Table Text Block]	Three months ended June 30, 2019 Network Access Services Domain Services Consolidated Totals Net Revenues $ 23,630 $ 60,487 $ 84,117 Cost of revenues Cost of revenues 11,762 43,111 54,873 Network expenses 516 1,869 2,385 Depreciation of property and equipment 1,656 382 2,038 Amortization of intangible assets 12 302 314 Total cost of revenues 13,946 45,664 59,610 Gross Profit 9,684 14,823 24,507 Expenses: Sales and marketing 8,856 Technical operations and development 2,752 General and administrative 4,796 Depreciation of property and equipment 134 Amortization of intangible assets 2,251 Loss (gain) on currency forward contracts (31 ) Income from operations 5,749 Other income (expenses), net (1,314 ) Income before provisions for income taxes $ 4,435 Three months ended June 30, 2018 Network Access Services Domain Services Consolidated Totals Net Revenues $ 24,306 $ 56,781 $ 81,087 Cost of revenues Cost of revenues 13,268 41,233 54,501 Network expenses 640 2,061 2,701 Depreciation of property and equipment 903 325 1,228 Amortization of intangible assets 11 488 499 Total cost of revenues 14,822 44,107 58,929 Gross Profit 9,484 12,674 22,158 Expenses: Sales and marketing 7,852 Technical operations and development 2,355 General and administrative 4,256 Depreciation of property and equipment 102 Amortization of intangible assets 1,827 Loss (gain) on currency forward contracts 52 Income from operations 5,714 Other income (expenses), net (878 ) Income before provisions for income taxes $ 4,836 Six months ended June 30, 2019 Network Access Services Domain Services Consolidated Totals Net Revenues $ 46,882 $ 116,188 $ 163,070 Cost of revenues Cost of revenues 23,574 83,231 106,805 Network expenses 1,038 3,742 4,780 Depreciation of property and equipment 3,109 730 3,839 Amortization of intangible assets 23 465 488 Total cost of revenues 27,744 88,168 115,912 Gross Profit 19,138 28,020 47,158 Expenses: Sales and marketing 17,597 Technical operations and development 5,275 General and administrative 9,244 Depreciation of property and equipment 258 Amortization of intangible assets 4,117 Loss (gain) on currency forward contracts (110 ) Income from operations 10,777 Other income (expenses), net (2,286 ) Income before provisions for income taxes $ 8,491 Six months ended June 30, 2018 Network Access Services Domain Services Consolidated Totals Net Revenues $ 47,914 $ 128,968 $ 176,882 Cost of revenues Cost of revenues 25,473 98,000 123,473 Network expenses 1,130 4,145 5,275 Depreciation of property and equipment 1,737 622 2,359 Amortization of intangible assets 23 975 998 Total cost of revenues 28,363 103,742 132,105 Gross Profit 19,551 25,226 44,777 Expenses: Sales and marketing 16,217 Technical operations and development 4,450 General and administrative 8,786 Depreciation of property and equipment 203 Amortization of intangible assets 3,659 Loss (gain) on currency forward contracts 49 Income from operations 11,413 Other income (expenses), net (1,650 ) Income before provisions for income taxes $ 9,763
Schedule of Property Plant and Equipment by Geographic Region [Table Text Block]	Property and Equipment by region June 30, 2019 December 31, 2018 Canada $ 2,247 $ 1,393 United States 61,558 46,631 Germany 205 41 $ 64,010 $ 48,065
Schedule of Acquired Intangible Assets by Major Class [Table Text Block]	<table border="0" cellpadding="0" cellspacing="0" style="margin-right: 20%; font-size: 10pt; font-family: "Times New Roman", Times, serif; text-indent: 0px; margin-left: 36pt; min-; min-width: 700px;"> <tr style="vertical-align: bottom;"> <td colspan="4" 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;"><div style="display: inline; font-style: italic;">Amortizable assets by region</div></div> </td> <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 style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-style: italic;"> </div></td> <td style="text-align: left; font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-style: italic;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-style: italic;"> </div></td> </tr> <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;">June 30, 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;">$</td> <td style="width: 16%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">5,883</div></td> <td nowrap="nowrap" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">$</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 nowrap="nowrap" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </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;"> </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;">41,153</div></td> <td nowrap="nowrap" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt;"> </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; 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 nowrap="nowrap" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt;"> </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);">$</td> <td style="width: 16%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">47,036</div></td> <td nowrap="nowrap" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</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 nowrap="nowrap" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;"> </td> </tr> </table></div>" id="sjs-B6">&lt;div style="display: inline; font-family: times new roman; font-size: 10pt">&lt;table border="0" cellpadding="0" cellspacing="0" style="margin-right: 20%; font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, serif; text-indent: 0px; margin-left: 36pt; min-; min-width: 700px;"> &lt;tr style="vertical-align: bottom;"> &lt;td colspan="4" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> &lt;div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&lt;div style="display: inline; font-style: italic;">Amortizable assets by region&lt;/div>&lt;/div> &lt;/td> &lt;td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;&lt;/td> &lt;td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;&lt;/td> &lt;td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&lt;div style="display: inline; font-style: italic;">&nbsp;&lt;/div>&lt;/td> &lt;td style="text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&lt;div style="display: inline; font-style: italic;">&nbsp;&lt;/div>&lt;/td> &lt;td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&lt;div style="display: inline; font-style: italic;">&nbsp;&lt;/div>&lt;/td> &lt;/tr> &lt;tr style="vertical-align: bottom;"> &lt;td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;&lt;/td> &lt;td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;&lt;/td> &lt;td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> &lt;div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;">&lt;div style="display: inline; font-weight: bold;">&lt;div style="display: inline; font-weight: bold;">June 30, 2019 &lt;/div>&lt;/div>&lt;/div> &lt;/td> &lt;td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;&lt;/td> &lt;td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;&lt;/td> &lt;td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> &lt;div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;">&lt;div style="display: inline; font-weight: bold;">&lt;div style="display: inline; font-weight: bold;">December 31, 2018 &lt;/div>&lt;/div>&lt;/div> &lt;/td> &lt;td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;&lt;/td> &lt;/tr> &lt;tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> &lt;td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 62%;"> &lt;div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Canada&lt;/div> &lt;/td> &lt;td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;&lt;/td> &lt;td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$&lt;/td> &lt;td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&lt;div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">5,883&lt;/div>&lt;/td> &lt;td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;&lt;/td> &lt;td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;&lt;/td> &lt;td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$&lt;/td> &lt;td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&lt;div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">6,553&lt;/div>&lt;/td> &lt;td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;&lt;/td> &lt;/tr> &lt;tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> &lt;td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> &lt;div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">United States&lt;/div> &lt;/td> &lt;td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;&lt;/td> &lt;td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">&nbsp;&lt;/td> &lt;td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">&lt;div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">41,153&lt;/div>&lt;/td> &lt;td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt;">&nbsp;&lt;/td> &lt;td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;&lt;/td> &lt;td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">&nbsp;&lt;/td> &lt;td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">&lt;div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">30,421&lt;/div>&lt;/td> &lt;td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt;">&nbsp;&lt;/td> &lt;/tr> &lt;tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> &lt;td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;&lt;/td> &lt;td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;&lt;/td> &lt;td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$&lt;/td> &lt;td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">&lt;div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">47,036&lt;/div>&lt;/td> &lt;td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;">&nbsp;&lt;/td> &lt;td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;&lt;/td> &lt;td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$&lt;/td> &lt;td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">&lt;div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">36,974&lt;/div>&lt;/td> &lt;td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;">&nbsp;&lt;/td> &lt;/tr> &lt;/table>&lt;/div>
Financing Receivable, Allowance for Credit Loss [Table Text Block]	Allowance for doubtful accounts Balance at beginning of period Charged to costs and expenses Write- offs during period Balance at end of period Six months ended June 30, 2019 $ 132 $ - $ - $ 132 Year ended December 31, 2018 $ 168 $ (36 ) $ - $ 132

Note 15 - Stockholders' Equity

Note 15 - Stockholders' Equity (Tables)	6 Months Ended
	Jun. 30, 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 March 31, 2019 10,643,750 $ 16,188 $ 3,844 $ 63,609 $ (200 ) $ 83,441 Exercise of Stock options 25,316 273 (150 ) - - 123 Shares deducted from exercise of stock options for payment of witholding taxes and exercise consideration (5,604 ) - (184 ) - - (184 ) Stock-based compensation - - 685 - - 685 Net income - - - 2,616 - 2,616 Other comprehensive income (loss) - - - - 320 320 Balances, June 30, 2019 10,663,462 $ 16,461 $ 4,195 $ 66,225 $ 120 $ 87,001 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 54,359 638 (444 ) - - 194 Shares deducted from exercise of stock options for payment of witholding taxes and exercise consideration (18,885 ) - (524 ) - - (524 ) Stock-based compensation - - 1,210 - - 1,210 Net income - - - 5,415 - 5,415 Other comprehensive income (loss) - - - - 930 930 Balances, June 30, 2019 10,663,462 $ 16,461 $ 4,195 $ 66,225 $ 120 $ 87,001

Note 16 - Share-based Payments

Note 16 - Share-based Payments (Tables)	6 Months Ended
	Jun. 30, 2019
Notes Tables
Share-based Payment Arrangement, Option, Activity [Table Text Block]	Three months ended June 30, 2019 Three months ended June 30, 2018 Number of Shares Weighted average exercise price per share Number of Shares Weighted average exercise price per share Outstanding, beginning of period 665,156 $ 44.46 634,883 $ 37.48 Granted 144,300 62.12 128,566 64.10 Exercised (25,316 ) 13.26 (16,153 ) 12.26 Forfeited (8,550 ) 56.08 (13,100 ) 55.04 Expired (675 ) 55.65 - - Outstanding, end of period 774,915 $ 48.63 734,196 $ 42.39 Options exercisable, end of period 306,078 $ 33.97 229,780 $ 16.92 Six months ended June 30, 2019 Six months ended June 30, 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 144,300 62.12 139,566 63.66 Exercised (54,359 ) 19.34 (28,716 ) 10.30 Forfeited (15,301 ) 57.55 (30,225 ) 47.96 Expired (2,062 ) 55.65 - - Outstanding, end of period 774,915 $ 48.63 734,196 $ 42.39 Options exercisable, end of period 306,078 $ 33.97 229,780 $ 16.92
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 Aggregate intrinsic value Number outstanding Weighted average exercise price per share Weighted average remaining contractual life (years) Aggregate intrinsic value $5.52 - $8.56 32,785 $ 7.49 $ 1,755 32,785 $ 7.49 0.7 $ 1,755 $10.16 - $19.95 86,475 16.32 3,865 85,225 16.27 2.0 3,814 $21.10 - $27.53 58,750 23.73 2,191 48,750 24.27 2.4 1,792 $35.25 - $37.35 14,375 35.89 361 11,875 36.02 3.8 297 $43.15 - $47.00 16,250 44.33 271 11,500 43.99 4.6 196 $53.20 - $58.65 310,603 55.67 1,663 87,881 55.20 4.6 511 $62.12 - $64.10 255,677 62.99 - 28,062 64.10 3.2 - 774,915 $ 48.63 $ 10,106 306,078 $ 33.97 3.2 $ 8,365

Note 17 - Fair Value Measurem_2

Note 17 - Fair Value Measurement (Tables)	6 Months Ended
	Jun. 30, 2019
Notes Tables
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	June 30, 2019 Fair Value Measurement Using Level 1 Level 2 Level 3 Assets at Fair value Derivative Instrument asset Total Asset $ $ 140 $ $ 140 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	Jun. 30, 2019	Jan. 31, 2019	Jan. 01, 2019	Dec. 31, 2018
Operating Lease, Right-of-Use Asset	$ 11,395	$ 3,900
Operating Lease, Liability, Total	$ 10,978	$ 3,900
Accounting Standards Update 2016-02 [Member]
Operating Lease, Right-of-Use Asset			$ 8,800
Operating Lease, Liability, Total			8,300
Operating Lease, Right-of-Use Asset, Net			500
Deferred Rent Credit			(100)
Prepaid Expense			$ (600)

Note 4 - Other Assets - Schedul

Note 4 - Other Assets - Schedule of Other Assets (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Other Assets	$ 2,501
Customer Contracts [Member]
Other Assets	$ 2,501

Note 5 - Acquisitions (Details

Note 5 - Acquisitions (Details Textual) - USD ($)	Mar. 18, 2019	Feb. 13, 2018	Feb. 01, 2017	Feb. 27, 2015	Jun. 30, 2019	Jun. 30, 2019
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					$ 5,200,000	$ 6,000,000
Business Combination, Pro Forma Information, Earnings or Loss of Acquiree since Acquisition Date, Actual					(600,000)	(700,000)
Ascio Technologies, Inc. [Member] | General and Administrative Expense [Member]
Business Combination, Acquisition Related Costs					$ 0	$ 300,000

Note 5 - Acquisitions - Prelimi

Note 5 - Acquisitions - Preliminary Purchase Consideration (Details) - USD ($) $ in Thousands	Mar. 18, 2019	Jun. 30, 2019	Dec. 31, 2018
Goodwill		$ 110,093	$ 90,054
Ascio Technologies, Inc. [Member]
Goodwill	$ 20,039
Cash	1,437
Prepaid domain registry fees	9,256
Other assets	2,192
Total assets	47,564
Deferred Revenue	(11,387)
Deferred Tax Liabilities	(3,040)
Other liabilities	(3,676)
Total liabilities	(18,103)
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 5 - Acquisitions - Pro For

Note 5 - Acquisitions - Pro Forma Information (Details) - Ascio Technologies, Inc. [Member] - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Net revenues	$ 85,952	$ 167,787	$ 186,998
Net income	$ 2,974	$ 5,496	$ 6,133
Basic earnings per common share (in dollars per share)	$ 0.28	$ 0.52	$ 0.58
Diluted earnings per common share (in dollars per share)	$ 0.28	$ 0.51	$ 0.57

Note 6 - Derivative Instrumen_3

Note 6 - Derivative Instruments and Hedging Activities (Details Textual) - Forward Contracts [Member] - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Derivative, Notional Amount	$ 20.2		$ 20.2		$ 40.5
Gain (Loss) on Foreign Currency Derivative Instruments Not Designated as Hedging Instruments	(0.1)	$ 0.1	0.1	$ 0.1
Designated as Hedging Instrument [Member]
Derivative, Notional Amount	18.6		18.6		$ 36.5
Not Designated as Hedging Instrument [Member]
Gain (Loss) on Foreign Currency Derivative Instruments Not Designated as Hedging Instruments	$ 0.1	$ 0.1	$ 0.2	$ 0.1

Note 6 - Derivative Instrumen_4

Note 6 - Derivative Instruments and Hedging Activities - Foreign Currency Forward Contracts (Details) $ in Thousands	Jun. 30, 2019USD ($)
Foreign Exchange Forward 1 [Member]
Notional amount of U.S. dollars	$ 9,881
Weighted average exchange rate of U.S. dollars	1.3136
Fair value	$ 48
Foreign Exchange Forward 2 [Member]
Notional amount of U.S. dollars	$ 10,327
Weighted average exchange rate of U.S. dollars	1.3174
Fair value	$ 92
Foreign Exchange Forward 3 [Member]
Notional amount of U.S. dollars	$ 20,208
Weighted average exchange rate of U.S. dollars	1.3156
Fair value	$ 140

Note 6 - Derivative Instrumen_5

Note 6 - Derivative Instruments and Hedging Activities - Fair Value of Derivative Instruments in the Consolidated Balance Sheets (Details) - Derivative Instruments [Member] - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Foreign currency forward contracts, asset	$ 140
Foreign currency forward contracts, liability		$ (1,276)
Foreign currency forward contracts, asset	(140)
Designated as Hedging Instrument [Member] | Cash Flow Hedging [Member]
Foreign currency forward contracts, asset	158
Foreign currency forward contracts, liability		(1,069)
Foreign currency forward contracts, asset	(158)
Not Designated as Hedging Instrument [Member]
Foreign currency forward contracts, asset	18
Foreign currency forward contracts, liability		$ (207)
Foreign currency forward contracts, asset	$ (18)

Note 6 - Derivative Instrumen_6

Note 6 - Derivative Instruments and Hedging Activities - Movement in AOCI Balance (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	[2]	Jun. 30, 2019		Jun. 30, 2018	[2]
AOCI balance, Gains and losses on cash flow hedges	$ (264)			$ (1,069)
Other comprehensive income (loss) before reclassifications, Gains and losses on cash flow hedges	317			1,042
Amount reclassified from AOCI, Gains and losses on cash flow hedges	106			186
Other comprehensive income (loss), Gains and losses on cash flow hedges	423			1,228
AOCI balance, Gains and losses on cash flow hedges	159			159
AOCI balance, Tax impact	64			259
Other comprehensive income (loss) before reclassifications, Tax impact	(77)			(253)
Amount reclassified from AOCI, Tax impact	(26)			(45)
Other comprehensive income (loss), Tax impact	(103)			(298)
AOCI balance, Tax impact	(39)			(39)
AOCI balance	(200)			(810)	[1]
Other comprehensive income (loss) before reclassifications	240	$ (273)		789	[2]	$ (256)
Amount reclassified from AOCI	80	$ 13		141	[2]	$ 13
Other comprehensive income (loss)	320			930
AOCI balance	$ 120			$ 120
[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 - Derivative Instrumen_7

Note 6 - Derivative Instruments and Hedging Activities - Effects of Derivative Instruments on Income and Other Comprehensive Income (OCI) (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018		Jun. 30, 2019		Jun. 30, 2018
Amount of Gain or (Loss) Recognized in OCI, Net of Tax, on Derivative (Effective Portion)	$ 240	$ (273)	[1]	$ 789	[1]	$ (256)	[1]
Operating Expense [Member]
Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)	(91)	(1)		(154)		(1)
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) Reclassified from Accumulated OCI into Income (Effective Portion)	(15)	(16)		(32)		(16)
Amount of Gain or (Loss) Recognized in Income on Derivative (Ineffective Portion and Amount Excluded from Effectiveness Testing)
Amount of Gain or (Loss) Recognized in OCI, Net of Tax, on Derivative (Effective Portion)	$ 320	$ (260)		$ 930		$ (243)
[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 - Goodwill and Other I_3

Note 7 - Goodwill and Other Intangible Assets (Details Textual) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Mar. 31, 2019	Jun. 30, 2019	Dec. 31, 2018
Goodwill, Ending Balance		$ 110,093	$ 90,054
Goodwill, Acquired During Period		20,000
Finite-Lived Intangible Assets, Accumulated Amortization		29,200	$ 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		$ 108,000
Goodwill Percentage Related to Operating Segments		98.00%
Network Access Services [Member]
Goodwill, Ending Balance		$ 2,100
Goodwill Percentage Related to Operating Segments		2.00%

Note 7 - Goodwill and Other I_4

Note 7 - Goodwill and Other Intangible Assets - Acquired Intangible Assets by Major Class (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	[2]	Jun. 30, 2019		Jun. 30, 2018	[2]
Balances	$ 61,991			$ 49,395	[1]
Finite-lived intangible assets acquired	27			27
Additions to/(disposals from) domain portfolio, net	(2)	$ (28)		(6)		$ (65)
Amortization expense	(2,565)	$ (2,326)		(4,605)		$ (4,657)
Balances	59,451			59,451
Ascio Technologies, Inc. [Member]
Finite-lived intangible assets acquired				14,640
Brand [Member]
Balances	10,575			9,004
Finite-lived intangible assets acquired
Additions to/(disposals from) domain portfolio, net
Amortization expense	(515)			(964)
Balances	10,060			10,060
Brand [Member] | Ascio Technologies, Inc. [Member]
Finite-lived intangible assets acquired				2,020
Customer Relationships [Member]
Balances	36,084			27,292
Finite-lived intangible assets acquired	27			27
Additions to/(disposals from) domain portfolio, net
Amortization expense	(1,736)			(3,144)
Balances	34,375			34,375
Customer Relationships [Member] | Ascio Technologies, Inc. [Member]
Finite-lived intangible assets acquired				10,200
Technology-Based Intangible Assets [Member]
Balances	2,412			163
Finite-lived intangible assets acquired
Additions to/(disposals from) domain portfolio, net
Amortization expense	(302)			(473)
Balances	2,110			2,110
Technology-Based Intangible Assets [Member] | Ascio Technologies, Inc. [Member]
Finite-lived intangible assets acquired				2,420
Network Rights [Member]
Balances	503			515
Finite-lived intangible assets acquired
Additions to/(disposals from) domain portfolio, net
Amortization expense	(12)			(24)
Balances	491			491
Network Rights [Member] | Ascio Technologies, Inc. [Member]
Finite-lived intangible assets acquired
Surname Domain Names [Member]
Balances	11,175			11,176
Additions to/(disposals from) domain portfolio, net	(2)			(3)
Amortization expense
Balances	11,173			11,173
Surname Domain Names [Member] | Ascio Technologies, Inc. [Member]
Finite-lived intangible assets acquired
Direct Navigation Domain Names [Member]
Balances	1,242			1,245
Additions to/(disposals from) domain portfolio, net				(3)
Amortization expense
Balances	1,242			1,242
Direct Navigation Domain Names [Member] | Ascio Technologies, Inc. [Member]
Finite-lived intangible assets acquired
[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 7 - Goodwill and Other I_5

Note 7 - Goodwill and Other Intangible Assets - Estimated Future Amortization Expense of Intangible Assets (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Remainder of 2019	$ 4,719
2020	9,427
2021	9,415
2022	9,283
2023	9,279
Thereafter	4,913
Total	$ 47,036	$ 36,974

Note 8 - Loan Payable (Details

Note 8 - Loan Payable (Details Textual) $ in Thousands	Jan. 20, 2017USD ($)	Jun. 30, 2019USD ($)	Jun. 30, 2018USD ($)	[1]	Jun. 30, 2019USD ($)	Jun. 30, 2018USD ($)	[1]	Mar. 18, 2019USD ($)
Payments of Financing Costs, Total		$ 434			$ 641	$ 4
Royal Bank, Bank of Montreal, Bank of Nova Scotia, HSBC and CIBC [Member]
Line of Credit Facility, Maximum Borrowing Capacity		240,000			240,000
Legal Fees					200
Debt Issuance Costs, Gross		$ 400			400
Payments of Financing Costs, Total					$ 300
Maximum Total Funded Debt to EBITDA Ratio		3.5			3.5
Minimum Fixed Charge Coverage Ratio		3			3
Percentage of Forecasted Capital Expenditures, Threshold for Annual Capital Expenditures		110.00%			110.00%
Total Funded Debt to EBITDA Ratio		2			2
Royal Bank, Bank of Montreal, Bank of Nova Scotia, HSBC and CIBC [Member] | General and Administrative Expense [Member]
Payments of Financing Costs, Total					$ 100
Royal Bank, Bank of Montreal, Bank of Nova Scotia, HSBC and CIBC [Member] | Guaranteed Credit Facility [Member]
Line of Credit Facility, Maximum Borrowing Capacity		$ 180,000			180,000
Royal Bank, Bank of Montreal, Bank of Nova Scotia, HSBC and CIBC [Member] | Accordion Facility [Member]
Line of Credit Facility, Maximum Borrowing Capacity		$ 60,000			$ 60,000
Bank of Montreal and Royal Bank of Canada [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 140,000
Debt Issuance Costs, Gross								$ 200
Debt Instrument, Term	4 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 8 - Loan Payable - Schedul

Note 8 - Loan Payable - Schedule of Standby Fees Based on Total Funded Debt to EBITDA Ratio (Details)	6 Months Ended
	Jun. 30, 2019
Debt to EBITDA is Less Than 1 [Member]
Standby fees	0.30%
Debt to EBITDA is Less Than 1 [Member] | Bank of Montreal and Royal Bank of Canada [Member] | London Interbank Offered Rate (LIBOR) [Member]
Basis Spread on Variable Rate	1.50%
Debt to EBITDA is Less Than 1 [Member] | Bank of Montreal and Royal Bank of Canada [Member] | Base Rate [Member]
Basis Spread on Variable Rate	0.25%
Debt to EBITDA is Greater Than or Equal to 1 and Less Than 2 [Member]
Standby fees	0.37%
Debt to EBITDA is Greater Than or Equal to 1 and Less Than 2 [Member] | Bank of Montreal and Royal Bank of Canada [Member] | London Interbank Offered Rate (LIBOR) [Member]
Basis Spread on Variable Rate	1.85%
Debt to EBITDA is Greater Than or Equal to 1 and Less Than 2 [Member] | Bank of Montreal and Royal Bank of Canada [Member] | Base Rate [Member]
Basis Spread on Variable Rate	0.60%
Debt to EBITDA is Greater Than or Equal to 2 and Less Than 2.25 [Member]
Standby fees	0.47%
Debt to EBITDA is Greater Than or Equal to 2 and Less Than 2.25 [Member] | Bank of Montreal and Royal Bank of Canada [Member] | London Interbank Offered Rate (LIBOR) [Member]
Basis Spread on Variable Rate	2.35%
Debt to EBITDA is Greater Than or Equal to 2 and Less Than 2.25 [Member] | Bank of Montreal and Royal Bank of Canada [Member] | Base Rate [Member]
Basis Spread on Variable Rate	1.10%
Debt to EBITDA is Greater Than or Equal to 2.25 [Member]
Standby fees	0.57%
Debt to EBITDA is Greater Than or Equal to 2.25 [Member] | Bank of Montreal and Royal Bank of Canada [Member] | London Interbank Offered Rate (LIBOR) [Member]
Basis Spread on Variable Rate	2.85%
Debt to EBITDA is Greater Than or Equal to 2.25 [Member] | Bank of Montreal and Royal Bank of Canada [Member] | Base Rate [Member]
Basis Spread on Variable Rate	1.60%

Note 8 - Loan Payable - Sched_2

Note 8 - Loan Payable - Schedule of Loans Payable (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Loans payable	$ 99,901	$ 64,601
Less: unamortized debt discount and issuance costs	(1,026)	(555)
Less: loan payable, current portion		(18,400)
Loan payable, long-term portion	99,901	46,201	[1]
Revolver Facility [Member]
Loans payable	100,927
Revolving Credit Facility A [Member]
Loans payable		1,000
Revolving Reducing Term Facility B [Member]
Loans payable		6,000
Non-revolving Facility C [Member]
Loans payable		3,232
Non-revolving Facility D [Member]
Loans payable		$ 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 8 - Loan Payable - Princip

Note 8 - Loan Payable - Principal Repayments (Details) $ in Thousands	Jun. 30, 2019USD ($)
Remainder of 2019
2020
2021
2023	100,927
Long-term Debt	$ 100,927

Note 9 - Income Taxes (Details

Note 9 - Income Taxes (Details Textual) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Income Tax Expense (Benefit), Total	$ 1,819	$ 1,228	$ 3,076	$ 2,411
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest, Total	4,400	4,800	8,500	9,800
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued, Total	0		0		$ 0
Accounting Standards Update 2016-09 [Member]
Income Tax Expense (Benefit), Total	$ 400	$ 200	$ 700	$ 300

Note 10 - Basic and Diluted E_3

Note 10 - Basic and Diluted Earnings Per Common Share (Details Textual) - shares	3 Months Ended			6 Months Ended
	Jun. 30, 2019	Mar. 31, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Stock Buyback Program 2019 [Member]
Stock Repurchased and Retired During Period, Shares	0			0
Stock Buyback Program 2018 [Member]
Stock Repurchased and Retired During Period, Shares			0	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		260,700	419,000	260,700	449,000

Note 10 - Basic and Diluted E_4

Note 10 - 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			6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018		Jun. 30, 2019		Jun. 30, 2018
Net income for the period	$ 2,616	$ 3,608	[1],[2]	$ 5,415	[2]	$ 7,352	[1],[2]
Basic weighted average number of common shares outstanding (in shares)	10,657,124	10,597,228	[2]	10,646,045	[2]	10,592,994	[2]
Effect of outstanding stock options (in shares)	182,881	205,779		191,411		204,023
Diluted weighted average number of shares outstanding (in shares)	10,840,005	10,803,007	[2]	10,837,456	[2]	10,797,017	[2]
Basic earnings per common share (in dollars per share)	$ 0.25	$ 0.34	[2]	$ 0.51	[2]	$ 0.69	[2]
Diluted earnings per common share (in dollars per share)	$ 0.24	$ 0.33	[2]	$ 0.50	[2]	$ 0.68	[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.

Note 11 - Revenue 1 (Details Te

Note 11 - Revenue 1 (Details Textual) $ in Thousands

Mar. 18, 2019

Jun. 30, 2019USD ($)

Mar. 31, 2019

Jun. 30, 2018USD ($)

Mar. 31, 2018USD ($)

Jun. 30, 2019USD ($)

Jun. 30, 2018USD ($)

Jan. 01, 2019USD ($)

Dec. 31, 2018USD ($)

Jan. 05, 2018

Contract with Customer, Liability, Revenue Recognized

$ (117,218)

Cost of Goods and Services Sold, Total

$ 54,873

$ 54,501

[1]

106,805

[1]

$ 123,473

[1]

Contract with Customer, Liability, Total

$ 157,219

$ 157,219

$ 143,700

$ 143,694

Ascio Technologies, Inc. [Member]

Finite-Lived Intangible Asset, Useful Life

7 years

Customer Concentration Risk [Member] | Revenue Benchmark [Member]

Number of Customers

0

0

0

1

Concentration Risk, Percentage

11.00%

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

Minimum [Member]

Domain Services, Purchased Term

1 year

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

Maximum [Member]

Domain Services, Purchased Term

10 years

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

[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 11 - Revenue 2 (Details Te

Note 11 - Revenue 2 (Details Textual) - Domain Registration Contracts [Member] - Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2019-07-01	Jun. 30, 2019
Revenue, Remaining Performance Obligation, Percentage	80.00%
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period	1 year

Note 11 - Revenue - Disaggregat

Note 11 - Revenue - Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018		Jun. 30, 2019		Jun. 30, 2018
Net Revenues	$ 84,117	$ 81,087	[1]	$ 163,070	[1]	$ 176,882	[1],[2]
Network Access Services [Member]
Net Revenues	23,630	24,306		46,882		47,914	[2]
Domain Name Services [Member]
Net Revenues	60,487	56,781		116,188		128,968	[2]
Domain Name Services [Member] | Wholesale [Member]
Net Revenues	51,260	47,141		98,035		110,003	[2]
Domain Name Services [Member] | Retail Services [Member]
Net Revenues	8,783	8,477		17,425		16,913	[2]
Domain Name Services [Member] | Portfolio [Member]
Net Revenues	444	1,163		728		2,052	[2]
Mobile Services [Member] | Network Access Services [Member]
Net Revenues	20,986	22,411		41,795		44,283	[2]
Other Services [Member] | Network Access Services [Member]
Net Revenues	2,644	1,895		5,087		3,631	[2]
Domain Services [Member] | Domain Name Services [Member] | Wholesale [Member]
Net Revenues	46,485	42,540		89,076		100,968
Value Added Services [Member] | Domain Name Services [Member] | Wholesale [Member]
Net Revenues	$ 4,775	$ 4,601		$ 8,959		$ 9,035	[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 5, 2018, recognized revenue for the six months ended June 30, 2018 includes $14.6 million related to previously deferred revenue for these names.

Note 11 - Revenue - Cost of Rev

Note 11 - Revenue - Cost of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018		Jun. 30, 2019		Jun. 30, 2018
Cost of Goods and Services Sold, Total	$ 54,873	$ 54,501	[1]	$ 106,805	[1]	$ 123,473	[1]
Network, other costs	2,385	2,701	[1]	4,780	[1]	5,275	[1]
Cost of revenues	59,610	58,929	[1],[2]	115,912	[1]	132,105	[1],[2]
Network Expenses [Member]
Network, other costs	2,385	2,701	[2]	4,780		5,275	[2]
Network, depreciation and amortization costs	2,352	1,727	[2]	4,327		3,357	[2]
Cost of revenues	4,737	4,428	[2]	9,107		8,632	[2]
Network Access Services [Member]
Cost of Goods and Services Sold, Total	11,762	13,268	[2]	23,574		25,473	[2]
Network, other costs	516	640		1,038		1,130
Cost of revenues	13,946	14,822		27,744		28,363
Network Access Services [Member] | Mobile Services [Member]
Cost of Goods and Services Sold, Total	10,806	11,978	[2]	21,549		23,243	[2]
Network Access Services [Member] | Other Services [Member]
Cost of Goods and Services Sold, Total	956	1,290	[2]	2,025		2,230	[2]
Domain Name Services [Member]
Cost of Goods and Services Sold, Total	43,111	41,233	[2]	83,231		98,000	[2]
Network, other costs	1,869	2,061		3,742		4,145
Cost of revenues	45,664	44,107		88,168		103,742
Domain Name Services [Member] | Wholesale [Member]
Cost of Goods and Services Sold, Total	38,555	36,592	[2]	74,187		88,766	[2]
Domain Name Services [Member] | Retail Services [Member]
Cost of Goods and Services Sold, Total	4,409	4,446	[2]	8,768		8,855	[2]
Domain Name Services [Member] | Portfolio [Member]
Cost of Goods and Services Sold, Total	147	195	[2]	276		379	[2]
Domain Name Services [Member] | Domain Services [Member] | Wholesale [Member]
Cost of Goods and Services Sold, Total	37,817	35,844	[2]	72,656		87,161	[2]
Domain Name Services [Member] | Value Added Services [Member] | Wholesale [Member]
Cost of Goods and Services Sold, Total	$ 738	$ 748	[2]	$ 1,531		$ 1,605	[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 six months ended June 30, 2018 includes $14.5 million related to prepaid costs for these names.

Note 11 - Revenue - Contract Ba

Note 11 - Revenue - Contract Balances (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2019USD ($)
Balance, beginning of period	$ 143,694
Acquired in a business combination1	11,387	[1]
Deferred revenue	119,356
Recognized revenue	(117,218)
Balance, end of period	$ 157,219
[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 12 - Costs to Obtain and_3

Note 12 - Costs to Obtain and Fulfill a Contract (Details Textual) - USD ($) $ in Thousands	Mar. 18, 2019	Mar. 31, 2019	Jun. 30, 2019
Ascio Technologies, Inc. [Member]
Capitalized Contract Cost, Amortization			$ 82,900
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Prepaid Expense and Other Assets	$ 9,256
Finite-Lived Intangible Asset, Useful Life	7 years
Deferred Costs of Acquisition [Member]
Increase (Decrease) in Capitalized Costs			$ 83,000
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 12 - Costs to Obtain and_4

Note 12 - Costs to Obtain and Fulfill a Contract - Capitalized Contract Costs Activity (Details) - Domain Registration Costs [Member] $ in Thousands	6 Months Ended
	Jun. 30, 2019USD ($)
Balance	$ 106,527
Acquired in a business combination	9,256	[1]
Capitalization of costs	82,980
Amortization of costs	(82,915)
Balance	$ 115,848	[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 13 - Leases (Details Textu

Note 13 - Leases (Details Textual) - USD ($) $ in Thousands	Mar. 31, 2019	Mar. 31, 2019	Jun. 30, 2019	Jan. 31, 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		$ 700
Lessee, Operating Lease, Lease Not yet Commenced, Future Minimum Payments Due	$ 0	$ 0
Operating Lease, Right-of-Use Asset			$ 11,395	$ 3,900
Operating Lease, Liability, Total			$ 10,978	$ 3,900
Minimum [Member]
Operating Lease, Remaining Lease Term		1 year
Maximum [Member]
Operating Lease, Remaining Lease Term		19 years

Note 13 - Leases - Components o

Note 13 - Leases - Components of Lease Expense and Other Lease Information (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2019	Jan. 01, 2019
Operating Lease Cost (leases with a total term greater than 12 months)	$ 826	$ 1,897
Short-term Lease Cost (leases with a total term of 12 months or less)	279	403
Variable Lease Cost	193	364
Total Lease Cost	1,298	2,664
Supplemental cashflow information:	834	1,845
Operating Lease - Operating Cash Flows (Liability Reduction)	703	1,651
New ROU Assets - Operating Leases	$ 41	$ 4,468
Weighted Average Discount Rate	5.26%	5.26%	5.04%
Weighted Average Remaining Lease Term (in years) (Year)	8 years 226 days	8 years 226 days	5 years 226 days

Note 13 - Leases - Future Minim

Note 13 - Leases - Future Minimum Lease Payments (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Jan. 31, 2019
Remaining of 2019	$ 1,056
2020	1,873
2021	1,694
2022	1,621
2023	1,592
Thereafter	6,013
Total future lease payments	13,849
Less interest	2,871
Operating Lease, Liability, Total	$ 10,978	$ 3,900

Note 14 - Segment Reporting (De

Note 14 - Segment Reporting (Details Textual)	6 Months Ended
	Jun. 30, 2019
Number of Operating Segments	2

Note 14 - Segment Reporting - I

Note 14 - Segment Reporting - Information by Reportable Segments (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018		Jun. 30, 2019		Jun. 30, 2018
Net Revenues	$ 84,117	$ 81,087	[1]	$ 163,070	[1]	$ 176,882	[1],[2]
Cost of revenues	54,873	54,501	[1]	106,805	[1]	123,473	[1]
Network expenses	2,385	2,701	[1]	4,780	[1]	5,275	[1]
Depreciation of property and equipment	2,038	1,228	[1]	3,839	[1]	2,359	[1]
Amortization of intangible assets	314	499	[1]	488	[1]	998	[1]
Total cost of revenues	59,610	58,929	[1],[3]	115,912	[1]	132,105	[1],[3]
Gross Profit	24,507	22,158	[1]	47,158	[1]	44,777	[1]
Sales and marketing	8,856	7,852	[1]	17,597	[1]	16,217	[1]
Technical operations and development	2,752	2,355	[1]	5,275	[1]	4,450	[1]
General and administrative	4,796	4,256	[1]	9,244	[1]	8,786	[1]
Depreciation of property and equipment	134	102	[1]	258	[1]	203	[1]
Amortization of intangible assets	2,251	1,827		4,117		3,659
Loss (gain) on currency forward contracts	(31)	52	[1]	(110)	[1]	49	[1]
Income from operations	5,749	5,714	[1]	10,777	[1]	11,413	[1]
Other income (expenses), net	(1,314)	(878)	[1]	(2,286)	[1]	(1,650)	[1]
Income before provisions for income taxes	4,435	4,836	[1]	8,491	[1]	9,763	[1]
Amortization of intangible assets	2,251	1,827		4,117		3,659
Network Access Services [Member]
Net Revenues	23,630	24,306		46,882		47,914	[2]
Cost of revenues	11,762	13,268	[3]	23,574		25,473	[3]
Network expenses	516	640		1,038		1,130
Depreciation of property and equipment	1,656	903		3,109		1,737
Amortization of intangible assets	12	11		23		23
Total cost of revenues	13,946	14,822		27,744		28,363
Gross Profit	9,684	9,484		19,138		19,551
Amortization of intangible assets
Income before provisions for income taxes
Amortization of intangible assets
Domain Name Services [Member]
Net Revenues	60,487	56,781		116,188		128,968	[2]
Cost of revenues	43,111	41,233	[3]	83,231		98,000	[3]
Network expenses	1,869	2,061		3,742		4,145
Depreciation of property and equipment	382	325		730		622
Amortization of intangible assets	302	488		465		975
Total cost of revenues	45,664	44,107		88,168		103,742
Gross Profit	14,823	$ 12,674		28,020		25,226
Income before provisions for income taxes
[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 5, 2018, recognized revenue for the six months ended June 30, 2018 includes $14.6 million related to previously deferred revenue for these names.
[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 six months ended June 30, 2018 includes $14.5 million related to prepaid costs for these names.

Note 14 - Segment Reporting - S

Note 14 - Segment Reporting - Summary of Property and Equipment by Geographic Region (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Property and equipment	$ 64,010	$ 48,065	[1]
CANADA
Property and equipment	2,247	1,393
UNITED STATES
Property and equipment	61,558	46,631
GERMANY
Property and equipment	$ 205	$ 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 14 - Segment Reporting -_2

Note 14 - Segment Reporting - Summary of Amortizable Intangible Assets by Geographic Region (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Amortizable intangible assets	$ 47,036	$ 36,974
CANADA
Amortizable intangible assets	5,883	6,553
UNITED STATES
Amortizable intangible assets	$ 41,153	$ 30,421

Note 14 - Segment Reporting -_3

Note 14 - Segment Reporting - Summary of Valuation and Qualifying Accounts (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2019	Dec. 31, 2018
Balance at beginning of period	$ 132	$ 168
Charged to (recovered) costs and expenses		(36)
Write-offs during period
Balance at end of period	$ 132	$ 132

Note 15 - Stockholders' Equit_2

Note 15 - Stockholders' Equity (Details Textual) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Feb. 14, 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		0
Stock Buyback Program 2018 [Member]
Stock Repurchase Program, Authorized Amount						$ 40
Stock Repurchased and Retired During Period, Shares		0	0	0
Stock Buyback Program 2017 [Member]
Stock Repurchase Program, Authorized Amount							$ 40
Stock Repurchased and Retired During Period, Shares				0

Note 15 - Stockholders' Equit_3

Note 15 - Stockholders' Equity - Stockholders' Equity Transactions (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018		Jun. 30, 2019		Jun. 30, 2018
Balances	$ 83,441			$ 79,776	[1]
Exercise of Stock options (in shares)	25,316	16,153		54,359		28,716
Exercise of Stock options	$ 123			$ 194
Shares deducted from exercise of stock options for payment of witholding taxes and exercise consideration	(184)			(524)
Stock-based compensation	685			1,210
Net income	2,616	$ 3,608	[2],[3]	5,415	[3]	$ 7,352	[2],[3]
Other comprehensive income (loss)	320	$ (260)		930		$ (243)
Balances	$ 87,001			$ 87,001
Common Stock [Member]
Balances (in shares)	10,643,750			10,627,988
Balances	$ 16,188			$ 15,823
Exercise of Stock options (in shares)	25,316			54,359
Exercise of Stock options	$ 273			$ 638
Shares deducted from exercise of stock options for payment of witholding taxes and exercise consideration (in shares)	(5,604)			(18,885)
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)	10,663,462			10,663,462
Balances	$ 16,461			$ 16,461
Additional Paid-in Capital [Member]
Balances	3,844			3,953
Exercise of Stock options	(150)			(444)
Shares deducted from exercise of stock options for payment of witholding taxes and exercise consideration	(184)			(524)
Stock-based compensation	685			1,210
Other comprehensive income (loss)
Balances	4,195			4,195
Retained Earnings [Member]
Balances	63,609			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	2,616			5,415
Other comprehensive income (loss)
Balances	66,225			66,225
AOCI Attributable to Parent [Member]
Balances	(200)			(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)	320			930
Balances	$ 120			$ 120
[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 16 - Share-based Payment_2

Note 16 - Share-based Payments (Details Textual) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Share-based Payment Arrangement, Nonvested Award, Option, Cost Not yet Recognized, Amount	$ 8,100		$ 8,100
Share-based Payment Arrangement, Expense	$ 700	$ 600	1,200	$ 1,200
Share-based Payment Arrangement, Amount Capitalized			$ 0
Share-based Payment Arrangement, Option [Member]
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition			2 years 255 days

Note 16 - Share-based Payment_3

Note 16 - Share-based Payments - Stock Option Transactions (Details) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Outstanding, Number of shares (in shares)	665,156	634,883	702,337	653,571
Outstanding, Weighted average exercise price per share (in dollars per share)	$ 44.46	$ 37.48	$ 43.80	$ 36.69
Granted, Number of shares (in shares)	144,300	128,566	144,300	139,566
Granted, Weighted average exercise price per share (in dollars per share)	$ 62.12	$ 64.10	$ 62.12	$ 63.66
Exercised, Number of shares (in shares)	(25,316)	(16,153)	(54,359)	(28,716)
Exercised, Weighted average exercise price per share (in dollars per share)	$ 13.26	$ 12.26	$ 19.34	$ 10.30
Forfeited, Number of shares (in shares)	(8,550)	(13,100)	(15,301)	(30,225)
Forfeited, Weighted average exercise price per share (in dollars per share)	$ 56.08	$ 55.04	$ 57.55	$ 47.96
Expired, Number of shares (in shares)	(675)		(2,062)
Expired, Weighted average exercise price per share (in dollars per share)	$ 55.65		$ 55.65
Outstanding, Number of shares (in shares)	774,915	734,196	774,915	734,196
Outstanding, Weighted average exercise price per share (in dollars per share)	$ 48.63	$ 42.39	$ 48.63	$ 42.39
Options exercisable, Number of shares (in shares)	306,078	229,780	306,078	229,780
Options exercisable, Weighted average exercise price per share (in dollars per share)	$ 33.97	$ 16.92	$ 33.97	$ 16.92

Note 16 - Share-based Payment_4

Note 16 - Share-based Payments - Summary of Exercise Prices, Weighted Average Remaining Contractual Life and Intrinsic Values of Outstanding Options (Details) $ / shares in Units, $ in Thousands	6 Months Ended
	Jun. 30, 2019USD ($)$ / sharesshares
Number outstanding (in shares) | shares	774,915
Weighted average exercise price per share, options outstanding (in dollars per share)	$ 48.63
Aggregate intrinsic value, options outstanding | $	$ 10,106
Number exercisable (in shares) | shares	306,078
Weighted average exercise price per share, options exercisable (in dollars per share)	$ 33.97
Weighted average remaining contractual life, options exercisable (Year)	3 years 73 days
Aggregate intrinsic value, options exercisable | $	$ 8,365
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	32,785
Weighted average exercise price per share, options outstanding (in dollars per share)	$ 7.49
Aggregate intrinsic value, options outstanding | $	$ 1,755
Number exercisable (in shares) | shares	32,785
Weighted average exercise price per share, options exercisable (in dollars per share)	$ 7.49
Weighted average remaining contractual life, options exercisable (Year)	255 days
Aggregate intrinsic value, options exercisable | $	$ 1,755
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	86,475
Weighted average exercise price per share, options outstanding (in dollars per share)	$ 16.32
Aggregate intrinsic value, options outstanding | $	$ 3,865
Number exercisable (in shares) | shares	85,225
Weighted average exercise price per share, options exercisable (in dollars per share)	$ 16.27
Weighted average remaining contractual life, options exercisable (Year)	2 years
Aggregate intrinsic value, options exercisable | $	$ 3,814
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	58,750
Weighted average exercise price per share, options outstanding (in dollars per share)	$ 23.73
Aggregate intrinsic value, options outstanding | $	$ 2,191
Number exercisable (in shares) | shares	48,750
Weighted average exercise price per share, options exercisable (in dollars per share)	$ 24.27
Weighted average remaining contractual life, options exercisable (Year)	2 years 146 days
Aggregate intrinsic value, options exercisable | $	$ 1,792
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
Aggregate intrinsic value, options outstanding | $	$ 361
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)	3 years 292 days
Aggregate intrinsic value, options exercisable | $	$ 297
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	16,250
Weighted average exercise price per share, options outstanding (in dollars per share)	$ 44.33
Aggregate intrinsic value, options outstanding | $	$ 271
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 219 days
Aggregate intrinsic value, options exercisable | $	$ 196
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	310,603
Weighted average exercise price per share, options outstanding (in dollars per share)	$ 55.67
Aggregate intrinsic value, options outstanding | $	$ 1,663
Number exercisable (in shares) | shares	87,881
Weighted average exercise price per share, options exercisable (in dollars per share)	$ 55.20
Weighted average remaining contractual life, options exercisable (Year)	4 years 219 days
Aggregate intrinsic value, options exercisable | $	$ 511
Exercise Price Range 07 [Member]
Exercise price - lower (in dollars per share)	$ 62.12
Exercise price - higher (in dollars per share)	$ 64.10
Number outstanding (in shares) | shares	255,677
Weighted average exercise price per share, options outstanding (in dollars per share)	$ 62.99
Aggregate intrinsic value, options outstanding | $
Number exercisable (in shares) | shares	28,062
Weighted average exercise price per share, options exercisable (in dollars per share)	$ 64.10
Weighted average remaining contractual life, options exercisable (Year)	3 years 73 days
Aggregate intrinsic value, options exercisable | $

Note 17 - Fair Value Measurem_3

Note 17 - Fair Value Measurement - Summary of the Fair Values of the Company's Derivative Instrument Assets and Liabilities (Details) - Fair Value, Recurring [Member] - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Fair Value, Inputs, Level 1 [Member]
Total Asset	$ 140
Total Liabilities		$ 1,276
Fair Value, Inputs, Level 2 [Member]
Total Asset	$ 140
Total Liabilities		$ 1,276

Note 19 - Subsequent Events (De

Note 19 - Subsequent Events (Details Textual) $ in Thousands	Mar. 31, 2019USD ($)	Jun. 30, 2019USD ($)	Jun. 30, 2018USD ($)	[1]	Jun. 30, 2019USD ($)	Jun. 30, 2018USD ($)	[1]
Finite-lived Intangible Assets Acquired		$ 27			$ 27
Payments to Acquire Other Productive Assets		2,501			$ 2,501
Customer Contracts [Member] | STS Media Inc. [Member]
Number of Mobile Subscribers Acquired	150,000
Finite-lived Intangible Assets Acquired	$ 3,600
Payments to Acquire Other Productive Assets		$ 2,500
[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.