Quarterly report pursuant to Section 13 or 15(d)

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

v3.22.2.2
Accounts Receivables, Contract Assets, and Contract Liabilities (Tables)
 6 Months Ended
Jul. 31, 2022
Receivables [Abstract]  
Schedule of Accounts Receivable, Net and Unbilled Receivables

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

 

 

 

As of July 31,

 

 

As of January 31,

 

 

 

2022

 

 

2022

 

 

 

(Amounts in thousands)

 

Accounts receivable, net

 

$

6,654

 

 

$

8,819

 

Unbilled receivables, current

 

 

10,852

 

 

 

9,160

 

Unbilled receivables, long-term

 

 

3,487

 

 

 

3,952

 

 

 

$

20,993

 

 

$

21,931

 
Schedule of Unbilled Receivables Expected to be Billed in Future

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

 

 

 

As of July 31,

 

 

 

2022

 

 

Percentage

 

1 year or less

 

$

10,852

 

 

 

76

%

1-2 years

 

 

2,424

 

 

 

17

%

2-5 years

 

 

1,063

 

 

 

7

%

Total unbilled receivables, net

 

$

14,339

 

 

 

100

%
Schedule of Change in Deferred Revenue The change in

deferred revenue as of July 31, 2022 is due to new billings in advance of revenue recognition offset by revenue recognized during the period.

 

 

Deferred Revenue

 

 

 

Current

 

 

Long-Term

 

 

 

(Amounts in thousands)

 

Balance as of January 31, 2022

 

$

3,947

 

 

$

77

 

Increase

 

 

160

 

 

 

(15

)

Balance as of July 31, 2022

 

$

4,107

 

 

$

62