SeaChange International, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

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

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

9 Months Ended

Oct. 31, 2022

Schedule of Accounts Receivable, Net and Unbilled Receivables

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


	As of October 31,		As of January 31,
	2022		2022
	(Amounts in thousands)
Accounts receivable, net	$	7,011	$	8,819
Unbilled receivables, current		9,350		9,160
Unbilled receivables, long-term		2,680		3,952
	$	19,041	$	21,931

Schedule of Unbilled Receivables, Net 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 October 31,
	2022		Percentage
1 year or less	$	9,350		78	%
1-2 years		1,711		14	%
2-5 years		969		8	%
Total unbilled receivables, net	$	12,030		100	%

Schedule of Change in Deferred Revenue

The change in deferred revenue as of October 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
Decrease		(1,440	)		(30	)
Balance as of October 31, 2022	$	2,507		$	47