Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations and Comprehensive (Loss) Income

v3.21.1
Consolidated Statements of Operations and Comprehensive (Loss) Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Apr. 30, 2021
Apr. 30, 2020
Revenue:    
Total revenue $ 5,052 $ 6,915
Cost of revenue:    
Total cost of revenue 2,221 4,406
Gross profit 2,831 2,509
Operating expenses:    
Research and development 2,668 4,166
Selling and marketing 1,380 2,126
General and administrative 2,105 2,054
Severance and restructuring costs 484 486
Total operating expenses 6,637 8,832
Loss from operations (3,806) (6,323)
Other expense, net (228) (208)
Loss before income taxes (4,034) (6,531)
Income tax provision (benefit) 34 (21)
Net loss $ (4,068) $ (6,510)
Net loss per share, basic $ (0.10) $ (0.17)
Net loss per share, diluted $ (0.10) $ (0.17)
Weighted average common shares outstanding, basic 41,307 37,521
Weighted average common shares outstanding, diluted 41,307 37,521
Comprehensive loss:    
Net loss $ (4,068) $ (6,510)
Other comprehensive income (loss), net of tax:    
Comprehensive loss (4,026) (6,525)
Foreign currency translation adjustment 41 (24)
Unrealized gains on marketable securities 1 9
Total other comprehensive income (loss) 42 (15)
Product [Member]    
Revenue:    
Total revenue 1,620 3,098
Cost of revenue:    
Cost of revenue 406 1,580
Service [Member]    
Revenue:    
Total revenue 3,432 3,817
Cost of revenue:    
Cost of revenue $ 1,815 $ 2,826