Quarterly report pursuant to Section 13 or 15(d)

Customer Concentration

v2.4.1.9
Customer Concentration
3 Months Ended
Mar. 31, 2015
Customer Concentration [Abstract]  
Customer Concentration

12. 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 during the three months ended March 31, 2015. During the three months ended March 31, 2014, LinkedIn and Apollo Group accounted for 40% and 28%, respectively, of the Company's revenues. At March 31, 2015, one customer accounted for 11% of the Company accounts receivable. At December 31, 2014, two customers accounted for 15% and 12% of the Company accounts receivable.