Tucows 2015 Annual Report Download - page 3

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TUCOWS INC.
ANNUAL REPORT ON FORM 10-K
For Fiscal Year Ended December 31, 2015
TABLE OF CONTENTS
Page
PART I
Item 1 Business 4
Item 1A Risk Factors 10
Item 2 Properties 31
Item 3 Legal Proceedings 31
Item 4 Mine Safety Disclosures 31
PART II
Item 5 Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity
Securities 32
Item 7 Management’s Discussion and Analysis of Financial Condition and Results of Operations 36
Item 7A Quantitative and Qualitative Disclosures About Market Risk 65
Item 8 Financial Statements and Supplementary Data 66
Item 9 Changes in and Disagreements With Accountants on Accounting and Financial Disclosure 66
Item 9A Controls and Procedures 66
Item 9B Other Information 67
PART III
Item 10 Directors, Executive Officers and Corporate Governance 68
Item 11 Executive Compensation 75
Item 12 Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters 88
Item 13 Certain Relationships and Related Transactions, and Director Independence 91
Item 14 Principal Accountant Fees and Services 91
PART IV
Item 15 Exhibits and Financial Statement Schedules 92
TRADEMARKS, TRADE NAMES AND SERVICE MARKS
Tucows®, EPAG®, Hover®, OpenSRS®, Platypus®, Ting® and YummyNames® are registered
trademarks of Tucows Inc. or its subsidiaries. Other service marks, trademarks and trade names of Tucows Inc. or
its subsidiaries may be used in this Annual Report on Form 10-K (this “Annual Report”). All other service marks,
trademarks and trade names referred to in this Annual Report are the property of their respective owners. Solely for
convenience, any trademarks referred to in this Annual Report may appear without the ® or TM symbol, but such
references are not intended to indicate, in any way, that we or the owner of such trademark, as applicable, will not
assert, to the fullest extent under applicable law, our or its rights, or the right of the applicable licensor, to these
trademarks.
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