Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations and Comprehensive Loss

v3.20.2
Consolidated Statements of Operations and Comprehensive Loss - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 31, 2020
Jul. 31, 2019
Jul. 31, 2020
Jul. 31, 2019
Revenue:        
Total revenue $ 4,995 $ 18,812 $ 11,910 $ 27,297
Cost of revenue:        
Total cost of revenue 3,181 7,924 7,587 13,501
Gross profit 1,814 10,888 4,323 13,796
Operating expenses:        
Research and development 3,360 3,775 7,526 8,027
Selling and marketing 1,728 2,963 3,854 5,815
General and administrative 2,367 4,150 4,421 8,399
Severance and restructuring costs 543 659 1,029 870
Total operating expenses 7,998 11,547 16,830 23,111
Loss from operations (6,184) (659) (12,507) (9,315)
Other income (expense), net 373 (78) 165 (1,869)
Loss before income taxes (5,811) (737) (12,342) (11,184)
Income tax benefit 45 563 66 161
Net loss $ (5,766) $ (174) $ (12,276) $ (11,023)
Net loss per share, basic $ (0.15)   $ (0.33) $ (0.30)
Net loss per share, diluted $ (0.15)   $ (0.33) $ (0.30)
Weighted average common shares outstanding, basic 37,527 36,602 37,376 36,532
Weighted average common shares outstanding, diluted 37,527 36,602 37,376 36,532
Comprehensive loss:        
Net loss $ (5,766) $ (174) $ (12,276) $ (11,023)
Other comprehensive income, net of tax:        
Foreign currency translation adjustment 1,665 133 1,641 1,340
Unrealized (losses) gains on marketable securities (13) 25 (4) 60
Total other comprehensive income 1,652 158 1,637 1,400
Comprehensive loss (4,114) (16) (10,639) (9,623)
Product [Member]        
Revenue:        
Total revenue 1,066 11,968 4,164 13,147
Cost of revenue:        
Cost of revenue 788 3,039 2,368 3,948
Service [Member]        
Revenue:        
Total revenue 3,929 6,844 7,746 14,150
Cost of revenue:        
Cost of revenue $ 2,393 $ 4,885 $ 5,219 $ 9,553