Quarterly report pursuant to Section 13 or 15(d)

Concentration of Risk

v3.5.0.2
Concentration of Risk
6 Months Ended
Jun. 30, 2016
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, 2016 and December 31, 2015, including foreign subsidiaries, without FDIC coverage were $3.0 million and $3.8 million, respectively.

 

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 75.5% and 77.0% for the three months ended June 30, 2016 and 2015, respectively, and 74.7% and 80.6% for the six months ended June 30, 2016 and 2015, respectively. In addition, we have operations in the U.S., Canada, the United Kingdom and other foreign markets (see Note 9 — Segment Information).