Quarterly report pursuant to Section 13 or 15(d)

Concentration of Risk

v3.19.1
Concentration of Risk
3 Months Ended
Mar. 31, 2019
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. All cash balances as of March 31, 2019 and December 31, 2018, including foreign subsidiaries, without FDIC coverage were $3.3 million and $1.1 million, respectively.

 

Revenue

 

A significant portion of our revenue is derived from the Rich Dad brands. For the three months ended March 31, 2019 and 2018, Rich Dad brands provided 72.2% and 73.4% of our revenue. In addition, we have operations in North America, United Kingdom and Other foreign markets (see Note 9 — Segment Information).