Annual report pursuant to Section 13 and 15(d)

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

v3.22.1
Accounts Receivables, Contract Assets, and Contract Liabilities (Tables)
12 Months Ended
Jan. 31, 2022
Receivables [Abstract]  
Schedule of Accounts Receivable, Net and Unbilled Receivables

The following table shows the Company’s accounts receivable, net and unbilled receivables:

 

 

 

As of January 31,

 

 

 

2022

 

 

2021

 

 

 

(Amounts in thousands)

 

Accounts receivable, net

 

$

8,819

 

 

$

6,050

 

Unbilled receivables, current

 

 

9,160

 

 

 

9,359

 

Unbilled receivables, long-term

 

 

3,952

 

 

 

6,340

 

 

 

$

21,931

 

 

$

21,749

 

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,

 

 

 

2022

 

 

Percentage

 

1 year or less

 

$

9,160

 

 

 

70

%

1-2 years

 

 

2,279

 

 

 

17

%

2-5 years

 

 

1,673

 

 

 

13

%

Total unbilled receivables

 

$

13,112

 

 

 

100

%

Schedule of Change in Deferred Revenue

The Company recognized $3.5 million of revenue related to deferred billings in fiscal 2022 and $5.2 million in fiscal 2021.

 

 

 

Deferred Revenue

 

 

 

Current

 

 

Long-Term

 

 

 

(Amounts in thousands)

 

Balance as of January 31, 2020

 

$

5,041

 

 

$

1,140

 

Decrease

 

 

(304

)

 

 

(483

)

Balance as of January 31, 2021

 

$

4,737

 

 

$

657

 

Decrease

 

 

(790

)

 

 

(580

)

Balance as of January 31, 2022

 

$

3,947

 

 

$

77