Annual report pursuant to Section 13 and 15(d)

Concentration Risk

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Concentration Risk
12 Months Ended
Dec. 31, 2016
Concentration Risk [Abstract]  
Concentration Risk

Note 3—Concentration Risk

 

Cash and Cash Equivalents

 

We maintain deposits in banks which may exceed the federal deposit insurance available. Management believes the potential risk of loss on these cash and cash equivalents to be minimal. All cash balances as of December 31, 2016 and 2015, including foreign subsidiaries, without FDIC coverage was $1.0 million and $3.8 million, respectively.

 

Revenue

 

A significant portion of our revenue is derived from the Rich Dad brands. For the years ended December 31, 2016 and 2015, Rich Dad brands provided 74.7% and 77.2% of our revenue, respectively. In addition, we have operations in the U.S., Canada, the United Kingdom and Other foreign markets (See Note 14— Segment Information).