Segment Information

12 Months Ended

Dec. 31, 2016

Segment Reporting [Abstract]

Segment Information

(3) Segment Information

Geographic Information

The Company derives its revenue from a single reporting segment: media management solutions. Revenue is generated in this segment through development services, subscriptions and licensing of intellectual property. The Company markets its products in the U.S. and in non-U.S. countries through its sales and licensing personnel.

Revenue by geographic area, based upon the “bill-to” location, was as follows:

	Year Ended		Year Ended		Year Ended
	December 31,		December 31,		December 31,
	2016		2015		2014
Domestic	$	4,776	$	6,304	$	9,596
International (1)		17,017	$	15,885		16,062
Total	$	21,793	$	22,189	$	25,658

(1) Revenue from the Central Banks, consisting of a consortium of central banks around the world, is classified as international revenue. Reporting revenue by country for this customer is not practicable.

Major Customers

Customers who accounted for 10% or more of the Company’s revenue are as follows:

	Year Ended			Year Ended			Year Ended
	December 31,			December 31,			December 31,
	2016			2015			2014
Central Banks		62	%		57	%		47	%
Verance Corporation ("Verance")	*			*				12	%

* Less than 10%

In September 2014, the Company extended the patent license agreement with Verance through 2023, in effect waiving any future royalties and license fees, in exchange for a $1.0 million license fee payment. The license fee payment was recorded as revenue upon receipt in the third quarter of 2014.

Long-lived assets by geographical area

The Company’s long-lived assets are all domestic, domiciled in the U.S.