Annual report pursuant to Section 13 and 15(d)

Accounts Receivables, Unbilled Receivables and Contract Liabilities (Tables)

v3.23.1
Accounts Receivables, Unbilled Receivables and Contract Liabilities (Tables)
12 Months Ended
Jan. 31, 2023
Receivables [Abstract]  
Schedule of Accounts Receivable, Net and Unbilled Receivables, Net

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

 

 

As of January 31,

 

 

 

2023

 

 

2022

 

 

 

(Amounts in thousands)

 

Accounts receivable, net

 

$

10,382

 

 

$

8,819

 

Unbilled receivables, net - current

 

 

7,757

 

 

 

9,160

 

Unbilled receivables, net - long-term

 

 

5,044

 

 

 

3,952

 

 

 

$

23,183

 

 

$

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 January 31,

 

 

 

2023

 

 

Percentage

 

1 year or less

 

$

7,757

 

 

 

61

%

1-2 years

 

 

2,182

 

 

 

17

%

2-5 years

 

 

2,862

 

 

 

22

%

Total unbilled receivables, net

 

$

12,801

 

 

 

100

%

 

Schedule of Change in Deferred Revenue

The Company recognized $3.5 million of revenue related to deferred billings in fiscal 2023 and $3.5 million in fiscal 2022.

 

 

 

 

Deferred Revenue

 

 

 

Current

 

 

Long-Term

 

 

 

(Amounts in thousands)

 

Balance as of January 31, 2021

 

$

4,737

 

 

$

657

 

Decrease

 

 

(790

)

 

 

(580

)

Balance as of January 31, 2022

 

$

3,947

 

 

$

77

 

Increase

 

 

1,225

 

 

 

53

 

Balance as of January 31, 2023

 

$

5,172

 

 

$

130