Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

v3.20.2
Segment Information (Tables)
 6 Months Ended
Jun. 30, 2020
Segment Reporting [Abstract]  
Schedule of percentage of total revenue

    Three Months Ended
June 30,		     Six Months Ended
June 30,		  
As a percentage of total revenue   2020     2019     2020     2019  
North America     68.9 %     71.7 %     77.6 %     72.5 %
U.K.     1.8 %     3.6 %     2.3 %     6.0 %
Other foreign markets     29.3 %     24.7 %     20.1 %     21.5 %
Total consolidated revenue     100.0 %     100.0 %     100.0 %     100.0 %

 
Schedule of operating results for the segments
    Three Months Ended
June 30,		     Six Months Ended
June 30,		  
    2020     2019     2020     2019  
Segment revenue   (In thousands)     (In thousands)  
North America   $ 5,366     $ 13,980     $ 13,903     $ 28,967  
U.K.     138       697       410       2,383  
Other foreign markets     2,281       4,820       3,592       8,605  
Total consolidated revenue   $ 7,785     $ 19,497     $ 17,905     $ 39,955  

 

    Three Months Ended
June 30,		     Six Months Ended
June 30,		  
    2020     2019     2020     2019  
Segment gross profit contribution *   (In thousands)     (In thousands)  
North America   $ 3,888     $ 3,472     $ 7,794     $ 7,767  
U.K.     222       (102 )     446       275  
Other foreign markets     2,144       451       2,757       (37 )
Total consolidated gross profit   $ 6,254     $ 3,821     $ 10,997     $ 8,005  

 

* Segment gross profit is calculated as revenue less direct course expenses, advertising and sales expenses and royalty expenses.
Schedule of depreciation and amortization expenses
    Three Months Ended
June 30,		     Six Months Ended
June 30,		  
    2020     2019     2020     2019  
Depreciation and amortization expenses   (In thousands)     (In thousands)  
North America   $ 14     $ 41     $ 28     $ 72  
U.K.     3       18       7       19  
Other foreign markets     3       1       7       2  
Total consolidated depreciation and amortization expenses   $ 20     $ 60     $ 42     $ 93  
Schedule of segment identifiable assets
    June 30,     December 31,  
    2020     2019  
Segment identifiable assets   (In thousands)  
North America   $ 5,614     $ 9,937  
U.K.     3,686       4,135  
Other foreign markets     2,603       3,286  
Total consolidated identifiable assets   $ 11,903     $ 17,358