Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangible Assets (Tables)

v3.19.3
Goodwill and Intangible Assets (Tables)
 9 Months Ended
Oct. 31, 2019
Goodwill And Intangible Assets Disclosure [Abstract]  
Schedule of Change in Carrying Amount of Goodwill The following table represents the changes in goodwill since January 31, 2019:

 

 

Goodwill

 

 

 

(Amounts in

thousands)

 

Balance as of January 31, 2019

 

$

8,753

 

Goodwill arising from the Xstream acquisition

 

 

1,221

 

Cumulative translation adjustment

 

 

(179

)

Balance as of October 31, 2019

 

$

9,795

 
Schedule of Intangible Assets

Intangible assets, net, consisted of the following at October 31, 2019:

 

 

 

As of October 31, 2019

 

 

 

Gross

 

 

Accumulated

Amortization

 

 

Cumulative

translation

Adjustment

 

 

Net

 

 

 

(Amounts in thousands)

 

Finite-lived intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Acquired customer contracts

 

$

2,273

 

 

$

555

 

 

$

(48

)

 

$

1,670

 

Acquired existing technology

 

 

1,375

 

 

 

338

 

 

 

(25

)

 

 

1,012

 

Total finite-lived intangible assets

 

$

3,648

 

 

$

893

 

 

$

(73

)

 

$

2,682

 
Schedule of Amortization Expense of Intangible Assets in Cost of Revenue and Operating Expense

We recognized amortization expense of intangible assets in cost of revenue and operating expense categories as follows:

 

 

 

For the Three Months

Ended October 31,

 

 

For the Nine Months

Ended October 31,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

 

 

(Amounts in thousands)

 

 

(Amounts in thousands)

 

Cost of revenue

 

$

—

 

 

 

356

 

 

$

—

 

 

$

534

 

Selling and marketing

 

 

185

 

 

 

380

 

 

 

555

 

 

 

525

 

Research and development

 

 

110

 

 

 

58

 

 

 

338

 

 

 

139

 

 

 

$

295

 

 

$

794

 

 

$

893

 

 

$

1,198

 
Schedule of Future Estimated Amortization Expense of Acquired Intangibles

Future estimated amortization expense of acquired intangibles as of October 31, 2019 is as follows:

 

For the Fiscal Years Ended January 31,

 

Estimated

Amortization

Expense

 

 

 

(Amounts in

thousands)

 

2020

 

$

300

 

2021

 

 

1,191

 

2022

 

 

1,191

 

Total

 

$

2,682