Quarterly report pursuant to Section 13 or 15(d)

Related Party Transactions

v3.21.2
Related Party Transactions
9 Months Ended
Oct. 31, 2021
Related Party Transaction [Line Items]  
Related Party Transactions
9.
Related Party Transactions

 

Product, subscription and support revenue from Related Parties

 

Certain investors and companies who the Company is affiliated with purchased software, subscription and support revenue during the periods presented. The Company recognized $426 and $434 of revenue from contracts with related parties for the three months ending October 31, 2021, and October 31, 2020, respectively. The Company recognized $1,263 and $1,494 of revenue from contracts with related parties for the nine months ending October 31, 2021, and October 31, 2020, respectively. The corresponding receivable was $3,521 and $ 2,540 as of October 31, 2021, and January 31, 2021, respectively.

 

Subscription Notes Receivables

During the nine months ended October 31, 2021, the Company received pay offs of balances due of $843. For the nine months ended October 31, 2020, the Company received paid offs of balances due of $48. As of October 31, 2021, there are no remaining balances for subscription notes receivables. The subscription notes receivables’ accrued interest ranged from 1.40% to 2.70%, compounded annually.