Tucows 2015 Annual Report Download - page 169
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Tucows Inc.
Consolidated Balance Sheets
(Dollar amounts in U.S. dollars)
December 31, December 31,
2015 2014
Assets
Current assets:
Cash and cash equivalents $ 7,723,253 $ 8,271,377
Accounts receivable, net of allowance for doubtful accounts of $122,095 as of
December 31, 2015 and $125,766 as of December 31, 2014 7,171,388 6,789,685
Inventory 903,775 393,774
Prepaid expenses and deposits 5,067,790 3,697,292
Prepaid domain name registry and ancillary services fees, current portion 44,708,041 44,614,858
Other assets (note 4) - 8,199,000
Deferred tax asset, current portion (note 10) 3,243,718 2,498,196
Income taxes recoverable (note 10) 2,292,915 997
Total current assets 71,110,880 74,465,179
Prepaid domain name registry and ancillary services fees, long-term portion 11,040,929 11,764,765
Property and equipment (note 5) 7,126,676 1,609,787
Deferred tax asset, long-term portion (note 10) 4,377,374 4,880,423
Intangible assets (note 6) 14,469,677 14,202,585
Goodwill (note 6) 21,005,143 18,873,127
Total assets $ 129,130,679 $ 125,795,866
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable $ 4,166,135 $ 3,579,920
Accrued liabilities 5,855,686 3,941,549
Customer deposits 5,136,909 4,461,727
Derivative instrument liability (note 8) 2,027,086 1,115,805
Deferred rent, current portion 19,463 -
Loan payable (note 9) 3,500,000 -
Deferred revenue, current portion 56,646,390 55,495,566
Accreditation fees payable, current portion 465,300 466,201
Income taxes payable (note 10) 444,053 473,480
Total current liabilities 78,261,022 69,534,248
Deferred revenue, long-term portion 14,947,639 15,610,753
Accreditation fees payable, long-term portion 118,480 128,243
Deferred rent, long-term portion 100,864 92,878
Other liabilities (note 14) 1,459,960 -
Deferred tax liability (note 10) 4,876,691 4,787,351
Redeemable non-controlling interest (note 3) 3,036,598 -
Stockholders' equity (note 11)
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