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Other Balance Sheet Items
9 Months Ended
Sep. 30, 2015
Other Balance Sheet Items [Abstract]  
Other Balance Sheet Items

5.  Other Balance Sheet Items

Accounts receivable consisted of the following (in thousands):

 

 

 

 

 

 

 

 

 

 

 

September 30,

 

December 31,

 

 

2015

 

2014

Accounts receivable—trade

    

$

6,575

    

$

7,101

gTLD deposit receivable

 

 

547

 

 

3,557

Receivables from registries

 

 

4,565

 

 

3,598

Accounts receivable

 

$

11,687

 

$

14,256

 

Prepaid expenses and other current assets consisted of the following (in thousands):

 

 

 

 

 

 

 

 

 

 

September 30,

 

December 31,

 

    

2015

 

2014

Prepaid expenses

 

$

3,326

 

$

2,799

Prepaid registry fees

 

 

3,261

 

 

1,599

Note receivable

 

 

1,010

 

 

2,500

Prepaid expenses and other current assets

 

$

7,597

 

$

6,898

In October 2014, we entered into an agreement with Namecheap, Inc. (“Namecheap”), whereby Namecheap issued a Senior Unsecured Promissory Note (“Note receivable”) to us for $2.5 million. As of December 31, 2014, the outstanding balance on the Note receivable was $2.5 million. During the nine months ended September 30, 2015, Namecheap made two principal payments totaling $1.5 million, reducing the outstanding balance of the Note receivable to $1.0 million. Effective August 1, 2015, we and Namecheap entered into Amendment No. 3 of Senior Unsecured Promissory Note, which extends the maturity date of the Note receivable dated October 17, 2014, as amended, from July 31, 2015, to December 31, 2015.