Annual report pursuant to Section 13 and 15(d)

Accounts Receivables, Contract Assets, and Contract Liabilities (Tables)

v3.21.1
Accounts Receivables, Contract Assets, and Contract Liabilities (Tables)
12 Months Ended
Jan. 31, 2021
Receivables [Abstract]  
Schedule of Accounts Receivable, Net and Unbilled Receivables

The following table shows our accounts receivable, net and unbilled receivables:

 

 

 

For the Fiscal Years

Ended January 31,

 

 

 

2021

 

 

2020

 

 

 

(Amounts in thousands)

 

Accounts receivable, net

 

$

6,050

 

 

$

12,127

 

Unbilled receivables, current

 

 

9,359

 

 

 

14,279

 

Unbilled receivables, long-term

 

 

6,340

 

 

 

9,031

 

 

 

$

21,749

 

 

$

35,437

 

Schedule of Unbilled Receivables Expected to be Billed in Future

Unbilled receivables are expected to be billed in the future as follows (amounts in thousands, except percentage amounts):

 

 

 

As of January 31,

 

 

 

2021

 

 

Percentage

 

1 year or less

 

$

9,359

 

 

 

60

%

1-2 years

 

 

4,943

 

 

 

31

%

2-5 years

 

 

1,397

 

 

 

9

%

Total unbilled receivables

 

$

15,699

 

 

 

100

%

Schedule of Change in Deferred Revenue

We recognized $5.2 million of revenue related to deferred billings in fiscal 2021 and $8.1 million in fiscal 2020.

 

 

 

Deferred Revenue

 

 

 

Current

 

 

Long-Term

 

 

 

(Amounts in thousands)

 

Balance as of January 31, 2019

 

$

8,014

 

 

$

2,642

 

Increase (decrease)

 

 

(2,973

)

 

 

(1,502

)

Balance as of January 31, 2020

 

$

5,041

 

 

$

1,140

 

Increase (decrease)

 

 

(304

)

 

 

(483

)

Balance as of January 31, 2021

 

$

4,737

 

 

$

657