WBMD » Topics » Concentration of Credit Risk

This excerpt taken from the WBMD 8-K filed Jul 2, 2009.
Concentration of Credit Risk
 
None of the Company’s customers individually accounted for more than 10% of the Company’s revenue in 2008, 2007 or 2006 or more than 10% of the Company’s accounts receivable as of December 31, 2008, 2007 or 2006.
 
The Company’s revenue is principally generated in the United States. An adverse change in economic conditions in the United States could negatively affect the Company’s revenue and results of operations. Due to the acquisition of Conceptis Technologies Inc., the Company recorded revenue from foreign customers of $3,417, $3,660 and $3,475 during the years ended December 31, 2008, 2007 and 2006, respectively.
 
These excerpts taken from the WBMD 10-K filed Feb 27, 2009.
Concentration of Credit Risk
 
None of the Company’s customers individually accounted for more than 10% of the Company’s revenue in 2008, 2007 or 2006 or more than 10% of the Company’s accounts receivable as of December 31, 2008, 2007 or 2006.
 
The Company’s revenue is principally generated in the United States. An adverse change in economic conditions in the United States could negatively affect the Company’s revenue and results of operations. Due to the acquisition of Conceptis Technologies Inc., the Company recorded revenue from foreign customers of $3,417, $3,660 and $3,475 during the years ended December 31, 2008, 2007 and 2006, respectively.
 
Concentration
of Credit Risk



 



None of the Company’s customers individually accounted for
more than 10% of the Company’s revenue in 2008, 2007 or
2006 or more than 10% of the Company’s accounts receivable
as of December 31, 2008, 2007 or 2006.


 



The Company’s revenue is principally generated in the
United States. An adverse change in economic conditions in the
United States could negatively affect the Company’s revenue
and results of operations. Due to the acquisition of Conceptis
Technologies Inc., the Company recorded revenue from foreign
customers of $3,417, $3,660 and $3,475 during the years ended
December 31, 2008, 2007 and 2006, respectively.


 




This excerpt taken from the WBMD DEF 14A filed Nov 5, 2008.
Concentration of Credit Risk
 
None of the Company’s customers individually accounted for more than 10% of the Company’s revenue in 2007, 2006 or 2005 or more than 10% of the Company’s accounts receivable as of December 31, 2007, 2006 or 2005.
 
The Company’s revenue is principally generated in the United States. An adverse change in economic conditions in the United States could negatively affect the Company’s revenue and results of operations. Due to the acquisition of Conceptis Technologies Inc., the Company recorded revenue from foreign customers of $3,660, $3,475 and $405 during the years ended December 31, 2007, 2006 and 2005, respectively.
 
These excerpts taken from the WBMD 10-K filed Feb 29, 2008.
Concentration of Credit Risk
 
None of the Company’s customers individually accounted for more than 10% of the Company’s revenue in 2007, 2006 or 2005 or more than 10% of the Company’s accounts receivable as of December 31, 2007, 2006 or 2005.
 
The Company’s revenue is principally generated in the United States. An adverse change in economic conditions in the United States could negatively affect the Company’s revenue and results of operations. Due to the acquisition of Conceptis Technologies Inc., the Company recorded revenue from foreign customers of $3,660, $3,475 and $405 during the years ended December 31, 2007, 2006 and 2005, respectively.
 
Concentration
of Credit Risk



 



None of the Company’s customers individually accounted for
more than 10% of the Company’s revenue in 2007, 2006 or
2005 or more than 10% of the Company’s accounts receivable
as of December 31, 2007, 2006 or 2005.


 



The Company’s revenue is principally generated in the
United States. An adverse change in economic conditions in the
United States could negatively affect the Company’s revenue
and results of operations. Due to the acquisition of Conceptis
Technologies Inc., the Company recorded revenue from foreign
customers of $3,660, $3,475 and $405 during the years ended
December 31, 2007, 2006 and 2005, respectively.


 




This excerpt taken from the WBMD 10-K filed May 10, 2007.
Concentration of Credit Risk
 
None of the Company’s customers individually accounted for more than 10% of the Company’s revenue in 2006, 2005 or 2004 or more than 10% of the Company’s accounts receivable as of December 31, 2006, 2005 or 2004.
 
The Company’s revenue is principally generated in the United States. An adverse change in economic conditions in the United States could negatively affect the Company’s revenue and results of operations. Due to the acquisition of Conceptis Technologies Inc., the Company recorded revenue from foreign customers of $3,475 and $405 during the years ended December 31, 2006 and 2005, respectively.
 
The Company places its short-term investments in a variety of financial instruments and, by policy, limits the amount of credit exposure through diversification and by restricting its investments to highly rated securities.
 
This excerpt taken from the WBMD 10-K filed Mar 2, 2007.
Concentration of Credit Risk
 
None of the Company’s customers individually accounted for more than 10% of the Company’s revenue in 2006, 2005 or 2004 or more than 10% of the Company’s accounts receivable as of December 31, 2006, 2005 or 2004.
 
The Company’s revenue is principally generated in the United States. An adverse change in economic conditions in the United States could negatively affect the Company’s revenue and results of operations. Due to the acquisition of Conceptis Technologies Inc., the Company recorded revenue from foreign customers of $3,475 and $405 during the years ended December 31, 2006 and 2005, respectively.
 
The Company places its short-term investments in a variety of financial instruments and, by policy, limits the amount of credit exposure through diversification and by restricting its investments to highly rated securities.
 
This excerpt taken from the WBMD 10-K filed Mar 16, 2006.
Concentration of Credit Risk
 
None of the Company’s customers individually accounted for more than 10% of the Company’s revenue in 2005 or 2004 or more than 10% of the Company’s accounts receivable as of December 31, 2005 or 2004.
 
During 2003, two customers accounted for more than 10% of the Company’s revenue. As of December 31, 2003, one customer accounted for more than 10% of the Company’s accounts receivable.
 
                 
    % of Revenue
   
    Year Ended
  % of Accounts Receivable
    December 31,
  December 31,
   
2003
  2003
 
Customer A
    17.3 %     12.0 %
Customer B
    10.9 %     n/a  
 
Each of the customers identified above relate to the Online Services operating segment.
 
The Company’s revenue is principally generated in the United States. An adverse change in economic conditions in the United States could negatively affect the Company’s revenue and results of operations. In connection with the acquisition of Conceptis Technologies Inc., the Company recorded revenue from foreign customers of $405 during the year ended December 31, 2005.


F-12


Table of Contents

 
WEBMD HEALTH CORP.
 
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

 
The Company places its short-term investments in a variety of financial instruments and, by policy, limits the amount of credit exposure through diversification and by restricting its investments to highly rated securities.
 
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