SeaChange International, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheet Detail

Condensed Consolidated Balance Sheet Detail

9 Months Ended

Oct. 31, 2022

Organization Consolidation And Presentation Of Financial Statements [Abstract]

Condensed Consolidated Balance Sheet Detail

Property and Equipment, Net

Property and equipment, net consisted of the following:


	As of
	October 31, 2022			January 31, 2022
	(Amounts in thousands)
Computer equipment, software and demonstration equipment	$	3,642		$	3,689
Office furniture and equipment		231			263
Leasehold improvements		126			143
		3,999			4,095
Less: Accumulated depreciation and amortization		(3,313	)		(3,193	)
Total property and equipment, net	$	686		$	902

Depreciation expense was $54 thousand and $48 thousand for the three months ended October 31, 2022 and 2021, respectively, and $187 thousand and $151 thousand for the nine months ended October 31, 2022 and 2021, respectively.

Accrued Expenses

Accrued expenses consisted of the following:


	As of
	October 31, 2022		January 31, 2022
	(Amounts in thousands)
Accrued employee compensation and benefits	$	1,162	$	1,138
Accrued professional fees		71		433
Sales tax and VAT payable		36		133
Current obligation - right of use operating leases		652		762
Third-party hardware		—		12
Accrued other		904		1,739
Total accrued expenses	$	2,825	$	4,217