Concentration of Risk
|6 Months Ended|
Jun. 30, 2017
|Concentration of Risk [Abstract]|
|Concentration of Risk||
Note 8 - Concentration of Risk
Cash and cash equivalents. We maintain deposits in banks in amounts that might exceed the federal deposit insurance available. Management believes the potential risk of loss on these cash and cash equivalents to be minimal. Cash balances as of June 30, 2017 and December 31, 2016, including foreign subsidiaries, without FDIC coverage were $3.3 million and $1.0 million.
Revenue. A significant portion of our revenue is derived from the Rich Dad brands. Revenue derived from the Rich Dad brands as a percentage of total revenue was 70.2% and 75.5% for the three months ended June 30, 2017 and 2016, and 72.3% and 74.7% for the six months ended June 30, 2017 and 2016. In addition, we have operations in the U.S., Canada, the United Kingdom and other foreign markets (see Note 9 — Segment Information).
The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date.
Reference 1: http://www.xbrl.org/2003/role/presentationRef