Annual report pursuant to Section 13 and 15(d)

Goodwill and Intangible Assets (Tables)

v3.21.1
Goodwill and Intangible Assets (Tables)
 12 Months Ended
Jan. 31, 2021
Goodwill And Intangible Assets Disclosure [Abstract]  
Schedule of Change in Carrying Amount of Goodwill

The following table represents the changes in goodwill as of January 31, 2021 and 2020:

 

 

 

Goodwill

 

 

 

(Amounts in

thousands)

 

Balance as of January 31, 2019

 

$

8,753

 

Goodwill arising from the Xstream acquisition

 

 

1,300

 

Translation adjustment

 

 

(278

)

Balance as of January 31, 2020

 

 

9,775

 

Translation adjustment

 

 

802

 

Balance as of January 31, 2021

 

$

10,577

 
Schedule of Intangible Assets

Intangible assets, net, consisted of the following at January 31, 2021 and 2020:

 

 

 

As of January 31, 2021

 

 

 

Gross

 

 

Accumulated

Amortization

 

 

Cumulative

Translation

Adjustment

 

 

Net

 

 

 

(Amounts in thousands)

 

Finite-lived intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Acquired customer contracts

 

$

2,205

 

 

$

1,469

 

 

$

49

 

 

$

785

 

Acquired existing technology

 

 

1,364

 

 

 

910

 

 

 

33

 

 

 

487

 

Total finite-lived intangible assets

 

$

3,569

 

 

$

2,379

 

 

$

82

 

 

$

1,272

 

 

 

 

 

As of January 31, 2020

 

 

 

Gross

 

 

Accumulated

Amortization

 

 

Cumulative

Translation

Adjustment

 

 

Net

 

 

 

(Amounts in thousands)

 

Finite-lived intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Acquired customer contracts

 

$

2,205

 

 

$

718

 

 

$

(66

)

 

$

1,421

 

Acquired existing technology

 

 

1,364

 

 

 

445

 

 

 

(40

)

 

 

879

 

Total finite-lived intangible assets

 

$

3,569

 

 

$

1,163

 

 

$

(106

)

 

$

2,300

 
Schedule of Amortization Expense of Intangible Assets

We recognized amortization expense of intangible assets in the following operating expense categories:

 

 

 

For the Fiscal Years

Ending January 31,

 

 

 

2021

 

 

2020

 

 

 

(Amounts in thousands)

 

Selling and marketing

 

$

753

 

 

$

608

 

Research and development

 

 

457

 

 

 

555

 

 

 

$

1,210

 

 

$

1,163