Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations and Comprehensive Loss

v3.19.2
Consolidated Statements of Operations and Comprehensive Loss - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 31, 2019
Jul. 31, 2018
Jul. 31, 2019
Jul. 31, 2018
Revenue:        
Total revenue $ 18,812 $ 11,901 $ 27,297 $ 26,836
Cost of revenue:        
Total cost of revenue 7,924 5,615 13,501 11,644
Gross profit 10,888 6,286 13,796 15,192
Operating expenses:        
Research and development 3,775 5,185 8,027 10,914
Selling and marketing 2,963 3,932 5,815 7,599
General and administrative 4,150 4,903 8,399 9,475
Severance and restructuring costs 659 536 870 590
Total operating expenses 11,547 14,556 23,111 28,578
Loss from operations (659) (8,270) (9,315) (13,386)
Other expense, net (78) (1,962) (1,869) (2,811)
Loss before income taxes (737) (10,232) (11,184) (16,197)
Income tax benefit (563) (1,152) (161) (1,646)
Net loss $ (174) $ (9,080) $ (11,023) $ (14,551)
Net loss per share, basic and diluted   $ (0.26) $ (0.30) $ (0.41)
Weighted average common shares outstanding, basic and diluted 36,602 35,649 36,532 35,628
Comprehensive loss:        
Net loss $ (174) $ (9,080) $ (11,023) $ (14,551)
Other comprehensive income, net of tax:        
Foreign currency translation adjustment 133 856 1,340 1,431
Unrealized gains (losses) on marketable securities 25 11 60 (18)
Total other comprehensive income 158 867 1,400 1,413
Comprehensive loss (16) (8,213) (9,623) (13,138)
Product [Member]        
Revenue:        
Total revenue 11,968 1,462 13,147 4,553
Cost of revenue:        
Cost of revenue 3,039 490 3,948 816
Service [Member]        
Revenue:        
Total revenue 6,844 10,439 14,150 22,283
Cost of revenue:        
Cost of revenue $ 4,885 $ 5,125 $ 9,553 $ 10,828