Concentration of credit risk

6 Months Ended

Jun. 30, 2017

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
	June 30,		December 31,
	2017		2016
Customer A	20	%	22	%
Customer B	17		17

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

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2017		2016		2017		2016
Customer A	19	%	15	%	19	%	16	%
Customer C	*		*		*		10
Customer G	*		12		*		11

* Less than 10% revenue concentration.

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