Quarterly report pursuant to Section 13 or 15(d)

Concentration of Risk

Concentration of Risk
9 Months Ended
Sep. 30, 2017
Risks and Uncertainties [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 September 30, 2017 and December 31, 2016, including foreign subsidiaries, without FDIC coverage were $3.8 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 71.8% and 74.4% for the three months ended September 30, 2017 and 2016, respectively, and 71.7% and 74.6% for the nine months ended September 30, 2017 and 2016, respectively. In addition, we have operations in the U.S., Canada, the U.K. and other foreign markets (see Note 9 — Segment Information).