Annual report pursuant to Section 13 and 15(d)

Concentration Risk

v3.19.1
Concentration Risk
12 Months Ended
Dec. 31, 2018
Risks and Uncertainties [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, 2018 and 2017, including foreign subsidiaries, without FDIC coverage was $1.1 million and $5.3 million.

 

Revenue

 

A significant portion of our revenue is derived from the Rich Dad brands. For the years ended December 31, 2018 and 2017, Rich Dad brands provided 74.0% and 72.1% of our revenue. In addition, we have operations in North America, United Kingdom and Other foreign markets (See Note 14— Segment Information).