Annual report pursuant to Section 13 and 15(d)

Concentration of Risk, Segment and Geographic Information

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Concentration of Risk, Segment and Geographic Information
12 Months Ended
Dec. 31, 2013
Concentration of Risk, Segment and Geographic Information [Abstract]  
Concentration of Risk, Segment and Geographic Information
12.
Concentration of Risk, Segment and Geographic Information

Concentration of Risk

Cash equivalents, short-term investments, and receivables are financial instruments, which potentially subject the Company to concentrations of credit risk, as well as liquidity risk for certain cash equivalents such as money market funds. The Company has not encountered such issues during 2012.

The Company has not experienced any significant credit losses and does not generally require collateral on receivables. For the year ended December 31, 2013, three customers represented 43%, 26%, and 20% of total revenue and as of December 31, 2013, and two customers represented 73% and 13% of the accounts receivable balance.

For the year ended December 31, 2012, two customers represented 47% and 33% of total revenue and as of December 31, 2012, these two customers represented 58% and 35% of the accounts receivable balance. For the year ended December 31, 2011, two customers represented 61% and 32% of total revenue.

Segment Information

The Company has determined that it operates in one segment as it only reports operating results on an aggregate basis to the chief operating decision maker of the Company. The Company’s property and equipment is held primarily in the United States.

Geographic Information

Revenue attributed to the following geographic regions for each of the three years ended December 31, 2013, 2012 and 2011 was as follows (in thousands):

   
Year ended December 31,
 
   
2013
   
2012
   
2011
 
United States
  $ 19,955     $ 14,134     $ 20,447  
Europe
    15,396       18,454       35,718  
Asia Pacific
    100       1,194       2,031  
Total
  $ 35,451     $ 33,782     $ 58,196