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Concentration of credit risk
3 Months Ended
Mar. 31, 2016
Concentration of credit risk  
Concentration of credit risk

3. Concentration of credit risk

 

The Company’s assets that are exposed to concentrations of credit risk consist primarily of cash, cash equivalents, restricted cash and receivables from clients. The Company places some of its cash, cash equivalents, and restricted cash with financial banking institutions that are insured by the Federal Deposit Insurance Corporation (“FDIC”) up to $250,000. The Company also maintains cash balances at foreign banking institutions, which are not insured by the FDIC.

 

The Company maintains an allowance for uncollectible accounts receivable based on expected collectability and performs ongoing credit evaluations of customers’ financial condition.

 

The Company’s accounts receivable concentrations of 10% and greater are as follows:

 

 

 

 

 

 

 

 

 

As of

 

As of

 

 

 

March 31,

 

December 31,

 

 

 

2016

 

2015

 

Customer A

    

12

%  

15

%  

Customer C

 

20

 

*

 

Customer H

 

*

 

11

 

 

* Less than 10% accounts receivable concentration.

 

 

The Company’s revenue concentrations of 10% and greater are as follows:

 

 

 

 

 

 

 

 

 

Three Months Ended 

  

 

 

March 31,

 

 

 

2016

 

2015

 

Customer A

    

17

%  

20

%  

Customer C

 

12

 

11

 

Customer G

 

11

 

*

 

 

* Less than 10% revenue concentration.

 

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