Annual report pursuant to Section 13 and 15(d)

Revenue (Tables)

v3.22.1
Revenue (Tables)
12 Months Ended
Jan. 31, 2022
Revenue from Contract with Customer [Abstract]  
Schedule of Customers That Represent 10% or More of the Company's Total Revenue The following table presents customers that represent 10% or more of the Company’s total revenue:

 

 

 

Year Ended January 31,

 

 

2022

 

2021

Customer A

 

*

 

10%

Customer B

 

11%

 

*

Customer C

 

10%

 

*

 

 

21%

 

10%

 

* - less than 10%

Schedule of Deferred Costs

The Company defers contract fulfillment costs that includes appliance hardware. The balances in deferred costs are as follows:

 

Balance at February 1, 2020

 

$

3,080

 

Cost of revenue recognized

 

 

(1,151

)

Costs deferred

 

 

876

 

Balance at January 31, 2021

 

 

2,805

 

Balance at February 1, 2021

 

 

2,805

 

Cost of revenue recognized

 

 

(2,095

)

Costs deferred

 

 

3,899

 

Foreign exchange

 

 

(5

)

Balance at January 31, 2022

 

$

4,604

 

Schedule of Deferred Revenue

The balance in deferred revenue is as follows:

 

Balance at February 1, 2020

 

$

20,312

 

Revenue recognized

 

 

(25,271

)

Revenue deferred

 

 

38,940

 

Foreign exchange

 

 

63

 

Balance at January 31, 2021

 

 

34,044

 

Balance at February 1, 2021

 

 

34,044

 

Revenue recognized

 

 

(29,133

)

Revenue deferred

 

 

28,663

 

Foreign exchange

 

 

(8

)

Balance at January 31, 2022

 

$

33,566

 

Schedule of Company's Recognition of Revenue The Company’s recognition of revenue in the future thereon will be in:

 

Years Ending January 31,

 

 

 

2023

 

$

16,049

 

2024

 

 

9,771

 

2025

 

 

5,852

 

2026

 

 

1,894

 

 

 

$

33,566