Quarterly report pursuant to Section 13 or 15(d)

Revenue (Tables)

v3.22.2.2
Revenue (Tables)
 6 Months Ended
Jul. 31, 2022
Revenue from Contract with Customer [Abstract]  
Schedule of Customers That Represented 10% or More of the Company's Total Revenue The following table presents customers that represented 10% or more of the Company’s total revenue in the respective periods:

 

 

For the Three Months
Ended July 31,

 

 

For the Six Months
Ended July 31,

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Customer A

 

12

%

 

 

12

%

 

 

11

%

 

 

11

%

Customer B

 

11

%

 

 

12

%

 

 

11

%

 

 

11

%

 

 

23

%

 

 

24

%

 

 

22

%

 

 

22

%
Schedule of Deferred Costs The balances in deferred costs are as follows:

 

Balance at February 1, 2021

 

$

2,805

 

Amounts recognized in cost of revenue

 

 

(616

)

Costs deferred

 

 

341

 

Foreign exchange

 

 

(4

)

Balance at July 31, 2021

 

$

2,526

 

 

 

 

 

Balance at February 1, 2022

 

$

4,604

 

Amounts recognized in cost of revenue

 

 

(6,104

)

Costs deferred

 

 

5,485

 

Balance at July 31, 2022

 

$

3,985

 
Schedule of Deferred Revenue

The balance in deferred revenue is as follows:

 

Balance at February 1, 2021

 

$

34,044

 

Revenue recognized

 

 

(10,211

)

Amounts deferred

 

 

9,901

 

Foreign exchange

 

 

(151

)

Balance at July 31, 2021

 

$

33,583

 

 

 

 

 

Balance at February 1, 2022

 

$

33,566

 

Revenue recognized

 

 

(13,296

)

Amounts deferred

 

 

13,809

 

Balance at July 31, 2022

 

$

34,079

 

 
Schedule of Company's Recognition of Revenue The Company’s future recognition of revenue will be as follows:

 

Years Ending January 31,

 

 

 

2023 (6 months)

 

$

13,493

 

2024

 

 

17,255

 

2025

 

 

11,610

 

2026

 

 

2,529

 

 

 

$

44,887