many of our software digipasses are focused on the mobile platform and can be downloaded directly to mobile devices , such as digipass for mobile , while others are integrated directly into mobile applications ( using digipass for apps ) that are downloaded onto mobile devices . some of our digipasses are compliant with the europay 35 mastercard visa ( emv ) standard and are compatible with mastercard 's and visa 's chip authentication program ( cap ) . some of our digipasses comply with the initiative for open authentication ( oath ) . as evidenced by our current customer base , most of our products are purchased by businesses and , depending on the business application , are distributed to either their employees or their customers . those customers may be other businesses or , as an example in the case of internet and mobile banking , our customer banks ' corporate and retail customers . our target market is any business process that uses some form of electronic interface , particularly the internet , where the owner of that process is at risk if unauthorized users can gain access to its process and either obtain proprietary information or execute transactions that are not authorized . our products can not only increase the security associated with accessing the business process , thereby reducing the losses from unauthorized access , but also , in many cases , can reduce the cost of the process itself by automating activities that were previously performed manually . we offer our products either through : ( a ) a product sales and licensing model or ( b ) through our services platform , which includes our cloud-based service offering , mydigipass ( mdp ) . our product license and sales model is expected to be used in situations where the application owner wants to control all of the critical aspects of the authentication process . we expect that our services platform will be used by : ( a ) companies lacking technical resources or expertise to implement a full authentication process or preferring to focus their primary attention on other aspects of their business rather than on the authentication process or ( b ) companies that want to verify identities through our platform or ( c ) consumers that are aware of the dangers posed by identity theft . in may 2013 , we acquired cronto limited , a provider of secure visual transaction authentication solutions for online banking . using the patented cronto technology , customers can establish a secure optical communication channel with their client and display the details of a transaction in an encrypted graphical cryptogram consisting of a matrix of colored dots , which are displayed on the end user 's screen . account holders can simply scan the image with our device to verify the transaction details and respond with an electronic signature , if needed . in may 2014 , we acquired risk ids , a provider of risk-based authentication solutions to the global banking community . risk-based authentication provides a more flexible process of authentication to ensure higher risk profiles result in stronger challenges . it allows the application to request additional credentials when the risk level is higher . contextual information that may be used in risk-based authentication includes user location , device characteristics , transaction amount , and other factors . this method is designed to provide variable levels of security depending on the identified risks for a particular transaction or user . in november 2015 , we acquired silanis technology inc. ( silanis ) , a leading provider of electronic signature ( e-signature ) and digital transaction solutions used to sign , send and manage documents . we offer multiple deployment options including public cloud , private cloud , or on-premises . industry growth : we do not believe that there are any accurate measurements of the total industry 's size or the industry 's growth rate . we believe , however , that the market will grow at a significant rate as the use of internet e-commerce and mobile electronic transactions and commerce increases and the awareness of cyber security risks also increases . we also believe that a market will develop for our cloud-based service offering and grow as business owners and consumers become more aware of the risks involved in conducting business over the internet . we expect that growth will be driven by new government regulations , growing awareness of the impact of cyber-crime , and the growth in commerce that is transacted electronically . the issues driving the growth are global issues and the rate of adoption in each country is a function of that country 's culture , the competitive position of businesses operating in that country , the country 's overall economic conditions and the degree to which businesses and consumers within the country use technology . 36 economic conditions : our revenue may vary significantly with changes in the economic conditions in the countries in which we currently sell products . with our current concentration of revenue in europe and specifically in the banking/finance vertical market , significant changes in the economic outlook for the european banking market may have a significant effect on our revenue . there continues to be significant global economic uncertainty , including europe , our most important market . while the european union and european central bank continue to implement new programs to adapt to changing economic conditions in the region , europe continues to struggle with macro-economic issues and , in most recent months , the euro has remained weak against the u.s. dollar and other currencies . story_separator_special_tag the increase in revenues from the banking market was primarily driven by hardware sales of our crontosign technology card readers to rabobank . in the fourth quarter of 2014 and full year 2015 , rabobank deployed cardreaders with crontosign technology to bank customers . full year 2015 revenue from sales of crontosign technology card readers to rabobank increased $ 53,677 , over 2014. while we expect rabobank may continue to place additional orders , we do not expect these orders to be at the same magnitude as those received in the initial rollout period . the decrease in revenue from the enterprise and application security market reflects a decrease in both hardware and non-hardware revenue , offset by an increase in maintenance and support revenue , which we include with non-hardware revenues . the changes in revenue in both markets reflects the transactional nature of our business where the absolute amount of revenue reported in any given period is a reflection of transactions closed in that period . also , given the sustainable , repeatable nature of our revenue model , we believe that the growth over a longer period of time 41 reflects the growth in our customer base , which we expect will lead to continued increases in revenues in future years , albeit with uneven growth reported annually . we expect that customers that have purchased our products in prior years will replace those products in future years for several reasons , including but not limited to : upgrading to products that are more convenient for their customers to use and or provide a higher level of security ( e.g . , our products with electronic or digital signing capability ) to counteract the increasing sophistication of parties attempting to steal their customers ' identities or conduct man-in-the-middle attacks ; establishing a competitive advantage in their market place by providing technology that differs from their competitors ; expanding the use of our products to provide security over new applications that may be offered by our customers to their application users ; and replacing existing products that may have been lost or are reaching the end of their useful lives . 2014 compared to 2013 revenue for the full year 2014 from the banking market increased $ 41,292 , or 33 % , from 2013 and revenue from the enterprise and application security market increased $ 5,198 or 18 % in the same period . the increase in revenues from the banking market reflects an increase in both hardware and non-hardware . the increase in hardware revenue resulted primarily from increased sales of our card readers that either include our crontosign technology or provide a high level of functionality , such as those that can read both a bank card and a government issued identification card . the increase in non-hardware products primarily reflected an increase in revenue from our mobile solutions , such as digipass for mobile or digipass for apps , and revenue from license and support revenue related to crontosign products . the increase in revenue from the enterprise and application security market reflects an increase in non-hardware revenue , primarily maintenance and support . 42 gross profit and operating expenses the following table sets forth , for the periods indicated , certain consolidated financial data as a percentage of revenue from continuing operations for the years ended december 31 , 2015 , 2014 and 2013. replace_table_token_6_th gross profit 2015 compared to 2014 consolidated gross profit for 2015 was $ 146,092 , an increase of $ 18,326 , or 14 % , from the $ 127,766 reported for 2014. gross profit as a percentage of revenue ( gross profit margin ) was 61 % in 2015 compared to 63 % in 2014. the decrease in the gross profit margin was primarily attributable to the following factors : an unfavorable mix of products sold , with revenues from card reader market increasing from 25 % to 36 % of our total revenue , and other hardware decreasing from 48 % to 42 % of our total revenue ; a decline in the gross margins from hardware products sold in the banking market ; a decline in non-hardware revenue as a percentage of total revenue to 22 % in 2015 from 27 % in 2014 ; and the strengthening of the us dollar , which reduced revenue without the offsetting impact on costs of goods sold . gross margin on product sold reflects the specific mix of product and quantities sold in each period . as the size of deals increase , the gross margin generally declines . for 2015 , gross margins from product sold in the banking market was approximately 4 percentage points lower than in 2014. gross margins from product sold in the enterprise and application security market was approximately 1 percentage point higher in 2015 compared to 2014. revenue from the enterprise and application security market , which generally has gross profit margins that are 20 to 30 percentage points higher than the banking market , was 13 % of our total revenue for the full-year 2015 compared to 17 % of our total revenue for the full-year 2014 . 43 the decline in gross margin from product sold in the banking market is primarily attributable to the increase in card readers sold as a percentage of revenue . card readers , which generally have gross profit margins that are 15 to 25 percentage points lower than other hardware-related margins due to competitive pricing pressures , were 36 % of our total revenue for the full-year 2015 compared to 25 % of our revenue for the full-year 2014. in 2015 , we experienced increased demand for our card readers that include our crontosign technology . 2014 compared to 2013 consolidated gross profit for 2014 was $ 127,766 , an increase of $ 27,895 , or 28 % , from the $ 99,871 reported for 2013. gross profit as a percentage of revenue (

liquidity and capital resources at december 31 , 2015 , we had net cash balances ( total cash , cash equivalents and restricted cash less bank borrowings ) of $ 78,522 and short term investments of $ 44,961. we had no outstanding debt or restricted cash at december 31 , 2015. short term investments at december 31 , 2015 , consisting of high quality commercial paper with maturities of less than nine months , were held by our u.s. and swiss entities and issued by domestic and foreign corporations . 49 earnings of certain subsidiaries are deemed available for distribution . at december 31 , 2015 and 2014 , unremitted foreign earnings available for distribution are $ 22,672 , and $ 19,849 , respectively . the deferred tax liability for the incremental u.s. tax to be paid upon remittance as dividends at december 31 , 2015 and 2014 was $ 137 and $ 955 , respectively . the earnings of certain designated subsidiaries remain permanently invested . at december 31 , 2015 and 2014 , total unremitted foreign earnings considered permanently invested are $ 131,327 and $ 83,122 , respectively . it is not practicable to estimate the incremental u.s. tax liability which would be incurred if these earnings were repatriated . at december 31 , 2015 , we held $ 30,018 of cash in banks in the united states and $ 48,504 of cash in banks outside of the united states . of the cash in banks outside of the united states , $ 45,520 is not subject to significant repatriation restrictions , but may be subject to tax upon repatriation . cash in banks outside of the united states includes $ 29,335 held in tax jurisdictions where we consider retained earnings to be available for distribution and $ 19,169 held in jurisdictions where we consider retained earnings to be permanently invested .


 Write a concise suspicious activity report of the following text delimited by triple backquotes. Return your response as a formal report which covers the key points highlighting the location,dates,entity names and account holder information in chronological order of the text.
     ```liquidity and capital resources at december 31 , 2015 , we had net cash balances ( total cash , cash equivalents and restricted cash less bank borrowings ) of $ 78,522 and short term investments of $ 44,961. we had no outstanding debt or restricted cash at december 31 , 2015. short term investments at december 31 , 2015 , consisting of high quality commercial paper with maturities of less than nine months , were held by our u.s. and swiss entities and issued by domestic and foreign corporations . 49 earnings of certain subsidiaries are deemed available for distribution . at december 31 , 2015 and 2014 , unremitted foreign earnings available for distribution are $ 22,672 , and $ 19,849 , respectively . the deferred tax liability for the incremental u.s. tax to be paid upon remittance as dividends at december 31 , 2015 and 2014 was $ 137 and $ 955 , respectively . the earnings of certain designated subsidiaries remain permanently invested . at december 31 , 2015 and 2014 , total unremitted foreign earnings considered permanently invested are $ 131,327 and $ 83,122 , respectively . it is not practicable to estimate the incremental u.s. tax liability which would be incurred if these earnings were repatriated . at december 31 , 2015 , we held $ 30,018 of cash in banks in the united states and $ 48,504 of cash in banks outside of the united states . of the cash in banks outside of the united states , $ 45,520 is not subject to significant repatriation restrictions , but may be subject to tax upon repatriation . cash in banks outside of the united states includes $ 29,335 held in tax jurisdictions where we consider retained earnings to be available for distribution and $ 19,169 held in jurisdictions where we consider retained earnings to be permanently invested .
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 Suspicious Activity Report : many of our software digipasses are focused on the mobile platform and can be downloaded directly to mobile devices , such as digipass for mobile , while others are integrated directly into mobile applications ( using digipass for apps ) that are downloaded onto mobile devices . some of our digipasses are compliant with the europay 35 mastercard visa ( emv ) standard and are compatible with mastercard 's and visa 's chip authentication program ( cap ) . some of our digipasses comply with the initiative for open authentication ( oath ) . as evidenced by our current customer base , most of our products are purchased by businesses and , depending on the business application , are distributed to either their employees or their customers . those customers may be other businesses or , as an example in the case of internet and mobile banking , our customer banks ' corporate and retail customers . our target market is any business process that uses some form of electronic interface , particularly the internet , where the owner of that process is at risk if unauthorized users can gain access to its process and either obtain proprietary information or execute transactions that are not authorized . our products can not only increase the security associated with accessing the business process , thereby reducing the losses from unauthorized access , but also , in many cases , can reduce the cost of the process itself by automating activities that were previously performed manually . we offer our products either through : ( a ) a product sales and licensing model or ( b ) through our services platform , which includes our cloud-based service offering , mydigipass ( mdp ) . our product license and sales model is expected to be used in situations where the application owner wants to control all of the critical aspects of the authentication process . we expect that our services platform will be used by : ( a ) companies lacking technical resources or expertise to implement a full authentication process or preferring to focus their primary attention on other aspects of their business rather than on the authentication process or ( b ) companies that want to verify identities through our platform or ( c ) consumers that are aware of the dangers posed by identity theft . in may 2013 , we acquired cronto limited , a provider of secure visual transaction authentication solutions for online banking . using the patented cronto technology , customers can establish a secure optical communication channel with their client and display the details of a transaction in an encrypted graphical cryptogram consisting of a matrix of colored dots , which are displayed on the end user 's screen . account holders can simply scan the image with our device to verify the transaction details and respond with an electronic signature , if needed . in may 2014 , we acquired risk ids , a provider of risk-based authentication solutions to the global banking community . risk-based authentication provides a more flexible process of authentication to ensure higher risk profiles result in stronger challenges . it allows the application to request additional credentials when the risk level is higher . contextual information that may be used in risk-based authentication includes user location , device characteristics , transaction amount , and other factors . this method is designed to provide variable levels of security depending on the identified risks for a particular transaction or user . in november 2015 , we acquired silanis technology inc. ( silanis ) , a leading provider of electronic signature ( e-signature ) and digital transaction solutions used to sign , send and manage documents . we offer multiple deployment options including public cloud , private cloud , or on-premises . industry growth : we do not believe that there are any accurate measurements of the total industry 's size or the industry 's growth rate . we believe , however , that the market will grow at a significant rate as the use of internet e-commerce and mobile electronic transactions and commerce increases and the awareness of cyber security risks also increases . we also believe that a market will develop for our cloud-based service offering and grow as business owners and consumers become more aware of the risks involved in conducting business over the internet . we expect that growth will be driven by new government regulations , growing awareness of the impact of cyber-crime , and the growth in commerce that is transacted electronically . the issues driving the growth are global issues and the rate of adoption in each country is a function of that country 's culture , the competitive position of businesses operating in that country , the country 's overall economic conditions and the degree to which businesses and consumers within the country use technology . 36 economic conditions : our revenue may vary significantly with changes in the economic conditions in the countries in which we currently sell products . with our current concentration of revenue in europe and specifically in the banking/finance vertical market , significant changes in the economic outlook for the european banking market may have a significant effect on our revenue . there continues to be significant global economic uncertainty , including europe , our most important market . while the european union and european central bank continue to implement new programs to adapt to changing economic conditions in the region , europe continues to struggle with macro-economic issues and , in most recent months , the euro has remained weak against the u.s. dollar and other currencies . story_separator_special_tag the increase in revenues from the banking market was primarily driven by hardware sales of our crontosign technology card readers to rabobank . in the fourth quarter of 2014 and full year 2015 , rabobank deployed cardreaders with crontosign technology to bank customers . full year 2015 revenue from sales of crontosign technology card readers to rabobank increased $ 53,677 , over 2014. while we expect rabobank may continue to place additional orders , we do not expect these orders to be at the same magnitude as those received in the initial rollout period . the decrease in revenue from the enterprise and application security market reflects a decrease in both hardware and non-hardware revenue , offset by an increase in maintenance and support revenue , which we include with non-hardware revenues . the changes in revenue in both markets reflects the transactional nature of our business where the absolute amount of revenue reported in any given period is a reflection of transactions closed in that period . also , given the sustainable , repeatable nature of our revenue model , we believe that the growth over a longer period of time 41 reflects the growth in our customer base , which we expect will lead to continued increases in revenues in future years , albeit with uneven growth reported annually . we expect that customers that have purchased our products in prior years will replace those products in future years for several reasons , including but not limited to : upgrading to products that are more convenient for their customers to use and or provide a higher level of security ( e.g . , our products with electronic or digital signing capability ) to counteract the increasing sophistication of parties attempting to steal their customers ' identities or conduct man-in-the-middle attacks ; establishing a competitive advantage in their market place by providing technology that differs from their competitors ; expanding the use of our products to provide security over new applications that may be offered by our customers to their application users ; and replacing existing products that may have been lost or are reaching the end of their useful lives . 2014 compared to 2013 revenue for the full year 2014 from the banking market increased $ 41,292 , or 33 % , from 2013 and revenue from the enterprise and application security market increased $ 5,198 or 18 % in the same period . the increase in revenues from the banking market reflects an increase in both hardware and non-hardware . the increase in hardware revenue resulted primarily from increased sales of our card readers that either include our crontosign technology or provide a high level of functionality , such as those that can read both a bank card and a government issued identification card . the increase in non-hardware products primarily reflected an increase in revenue from our mobile solutions , such as digipass for mobile or digipass for apps , and revenue from license and support revenue related to crontosign products . the increase in revenue from the enterprise and application security market reflects an increase in non-hardware revenue , primarily maintenance and support . 42 gross profit and operating expenses the following table sets forth , for the periods indicated , certain consolidated financial data as a percentage of revenue from continuing operations for the years ended december 31 , 2015 , 2014 and 2013. replace_table_token_6_th gross profit 2015 compared to 2014 consolidated gross profit for 2015 was $ 146,092 , an increase of $ 18,326 , or 14 % , from the $ 127,766 reported for 2014. gross profit as a percentage of revenue ( gross profit margin ) was 61 % in 2015 compared to 63 % in 2014. the decrease in the gross profit margin was primarily attributable to the following factors : an unfavorable mix of products sold , with revenues from card reader market increasing from 25 % to 36 % of our total revenue , and other hardware decreasing from 48 % to 42 % of our total revenue ; a decline in the gross margins from hardware products sold in the banking market ; a decline in non-hardware revenue as a percentage of total revenue to 22 % in 2015 from 27 % in 2014 ; and the strengthening of the us dollar , which reduced revenue without the offsetting impact on costs of goods sold . gross margin on product sold reflects the specific mix of product and quantities sold in each period . as the size of deals increase , the gross margin generally declines . for 2015 , gross margins from product sold in the banking market was approximately 4 percentage points lower than in 2014. gross margins from product sold in the enterprise and application security market was approximately 1 percentage point higher in 2015 compared to 2014. revenue from the enterprise and application security market , which generally has gross profit margins that are 20 to 30 percentage points higher than the banking market , was 13 % of our total revenue for the full-year 2015 compared to 17 % of our total revenue for the full-year 2014 . 43 the decline in gross margin from product sold in the banking market is primarily attributable to the increase in card readers sold as a percentage of revenue . card readers , which generally have gross profit margins that are 15 to 25 percentage points lower than other hardware-related margins due to competitive pricing pressures , were 36 % of our total revenue for the full-year 2015 compared to 25 % of our revenue for the full-year 2014. in 2015 , we experienced increased demand for our card readers that include our crontosign technology . 2014 compared to 2013 consolidated gross profit for 2014 was $ 127,766 , an increase of $ 27,895 , or 28 % , from the $ 99,871 reported for 2013. gross profit as a percentage of revenue (

