Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Tables)

v2.4.0.8
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Jan. 31, 2014
Accounting Policies [Abstract]  
Reclassification Reflected in Current Statements of Operations and Comprehensive Loss

The reclassification, reflected in our current statements of operations and comprehensive loss related to fiscal 2013 and fiscal 2012, is as follows:

 

     Fiscal Year Ended January 31,  
             2013                     2012          

Cost of revenue—product

   $ (229   $ (156

Cost of revenue—service

     (1,139     (1,132

Research and development expenses

     (960     (1,031

Selling and marketing expenses

     (208     (254

General and administrative expenses

     2,536        2,573   
  

 

 

   

 

 

 
   $ —        $ —     
  

 

 

   

 

 

 
Consolidated Statements of Operations Comprehensive Income (Loss) and Balance Sheet

Below are the line items within these consolidated financial statements that have been adjusted (amounts in thousands):

Consolidated Statements of Operations and Comprehensive Loss:

 

     For the Fiscal Year Ended
January 31, 2013
 
     As Previously
Reported
    Adjustment     As
Revised
 

Stock-based compensation expense

   $ 4,101      $ 1,828      $ 5,929   

Loss from operations

   $ (3,518   $ (1,828   $ (5,346

Net loss

   $ (17,337   $ (1,828   $ (19,165

Comprehensive loss

   $ (9,389   $ (1,828   $ (11,217

Basic and diluted net loss per share

   $ (0.53   $ (0.06   $ (0.59

Consolidated Balance Sheet:

 

     January 31, 2013  
     As Previously
Reported
    Adjustment     As
Revised
 

Additional paid-in capital

   $ 214,531      $ 1,828      $ 216,359   

Accumulated loss

   $ (10,830   $ (1,828   $ (12,658
Schedule of Intangible Assets

The intangible assets are amortized to cost of sales and operating expenses, as appropriate, on a straight-line or accelerated basis, using the economic consumption life basis, in order to reflect the period that the assets will be consumed, which are:

 

Intangible assets with finite useful lives:

Customer contracts

   1 - 8 years

Non compete agreements

   2 - 3 years

Completed technology

   4 - 6 years

Trademarks, patents and other

   5 years

Intangible assets with indefinite useful lives:

Trade names

   indefinite life

Goodwill

   indefinite life