Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheet Detail

v3.8.0.1
Consolidated Balance Sheet Detail
3 Months Ended
Apr. 30, 2018
Organization Consolidation And Presentation Of Financial Statements [Abstract]  
Consolidated Balance Sheet Detail

4.

Consolidated Balance Sheet Detail

Inventories, net

Inventories consist primarily of hardware and related component parts and are stated at the lower of cost (on a first-in, first-out basis) or market. Inventories consist of the following:  

 

 

 

As of

 

 

 

April 30,

 

 

January 31,

 

 

 

2018

 

 

2018

 

 

 

(Amounts in thousands)

 

Components and assemblies

 

$

542

 

 

$

426

 

Finished products

 

 

203

 

 

 

240

 

Total inventories, net

 

$

745

 

 

$

666

 

 

Property and equipment, net

 

Property and equipment, net consists of the following:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Estimated

 

 

As of

 

 

 

Useful

 

 

April 30,

 

 

January 31,

 

 

 

Life (Years)

 

 

2018

 

 

2018

 

 

 

 

 

 

 

(Amounts in thousands)

 

Land

 

 

 

 

 

$

2,780

 

 

$

2,780

 

Buildings

 

 

20

 

 

 

11,852

 

 

 

11,839

 

Office furniture and equipment

 

 

5

 

 

 

766

 

 

 

774

 

Computer equipment, software and demonstration equipment

 

 

3

 

 

 

13,178

 

 

 

12,770

 

Service and spare components

 

 

5

 

 

 

1,158

 

 

 

1,158

 

Leasehold improvements

 

1-7

 

 

 

524

 

 

 

537

 

 

 

 

 

 

 

 

30,258

 

 

 

29,858

 

Less - Accumulated depreciation and amortization

 

 

 

 

 

 

(21,084

)

 

 

(20,387

)

Total property and equipment, net

 

 

 

 

 

$

9,174

 

 

$

9,471

 

Depreciation and amortization expense on property and equipment, net was $0.4 million and $0.6 million for the three months ended April 30, 2018 and 2017, respectively.

 

Other accrued expenses

 

Other accrued expenses consist of the following:

 

 

 

As of

 

 

 

April 30,

 

 

January 31,

 

 

 

2018

 

 

2018

 

 

 

(Amounts in thousands)

 

Accrued compensation and commissions

 

$

952

 

 

$

1,414

 

Accrued bonuses

 

 

1,892

 

 

 

2,715

 

Employee benefits

 

 

393

 

 

 

601

 

Sales tax and VAT payable

 

 

199

 

 

 

4,001

 

Income taxes payable

 

 

2,172

 

 

 

2,869

 

Accrued other

 

 

3,408

 

 

 

3,779

 

Total other accrued expenses

 

$

9,016

 

 

$

15,379