Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

v3.20.2
Segment Information (Tables)
 9 Months Ended
Sep. 30, 2020
Segment Reporting [Abstract]  
Schedule of percentage of total revenue
    Three Months Ended
September 30,		     Nine Months Ended
September 30,		  
As a percentage of total revenue   2020     2019     2020     2019  
North America     79.4 %     65.6 %     78.2 %     70.0 %
U.K.     0.5 %     4.2 %     1.7 %     5.4 %
Other foreign markets     20.1 %     30.2 %     20.1 %     24.6 %
Total consolidated revenue     100.0 %     100.0 %     100.0 %     100.0 %
Schedule of operating results for the segments
    Three Months Ended
September 30,		     Nine Months Ended
September 30,		  
    2020     2019     2020     2019  
Segment revenue   (In thousands)     (In thousands)  
North America   $ 7,285     $ 14,452     $ 21,188     $ 43,419  
U.K.     47       935       457       3,318  
Other foreign markets     1,849       6,668       5,441       15,273  
Total consolidated revenue   $ 9,181     $ 22,055     $ 27,086     $

62,010 

 

    Three Months Ended
September 30,		     Nine Months Ended
September 30,		  
    2020     2019     2020     2019  
Segment gross profit contribution *   (In thousands)     (In thousands)  
North America   $ 6,001     $ 2,559     $ 13,795     $ 10,326  
U.K.     13       108       459       383  
Other foreign markets     1,353       2,611       4,110       2,574  
Total consolidated gross profit   $ 7,367     $ 5,278     $ 18,364     $ 13,283  

 

* 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
September 30,		     Nine Months Ended
September 30,		  
    2020     2019     2020     2019  
Depreciation and amortization expenses   (In thousands)     (In thousands)  
North America   $ 8     $ 24     $ 36     $ 96  
U.K.     4       0       11       19  
Other foreign markets     1       1       8       3  
Total consolidated depreciation and amortization expenses   $ 13     $ 25     $ 55     $ 118
Schedule of segment identifiable assets

    September 30,     December 31,  
    2020     2019  
Segment identifiable assets   (In thousands)  
North America   $ 5,857     $ 16,433  
U.K.     2,080       2,504  
Other foreign markets     2,115       4,272  
Total consolidated identifiable assets   $ 10,052     $ 23,209