Tucows 2015 Annual Report Download - page 118
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Financial instruments that potentially subject us to concentrations of credit risk consist principally of cash
equivalents, marketable securities, foreign exchange contracts and accounts receivable. Our cash, cash equivalents and
short-term investments are in high-quality securities placed with major banks and financial institutions whom we have
evaluated as highly creditworthy and commercial paper. Similarly, we enter into our foreign exchange contracts with major
banks and financial institutions. With respect to accounts receivable, we perform ongoing evaluations of our customers,
generally granting uncollateralized credit terms to our customers, and maintaining an allowance for doubtful accounts
based on historical experience and our expectation of future losses.
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