Annual report pursuant to Section 13 and 15(d)

Customer Concentration

v3.3.1.900
Customer Concentration
12 Months Ended
Dec. 31, 2015
Customer Concentration [Abstract]  
Customer Concentration

14. Customer Concentration

 

The Company's revenues were historically highly dependent on two customers: LinkedIn and the Apollo Group. The Company's agreement with LinkedIn terminated on March 29, 2014 and its agreement with the Apollo Group terminated on October 9, 2014.

 

No individual customers accounted for more than 10% of revenues for the year ended December 31, 2015. For the year ended December 31, 2014, LinkedIn and Apollo Group accounted for 4% and 10%, respectively, of the Company's revenues. At December 31, 2015, no single customer accounted for 10% or more of the Company's accounts receivable. At December 31, 2014, two customers accounted for 15% and  12% of the Company's accounts receivable.