IronNet, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Revenue (Tables)

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