Segment Reporting

12 Months Ended

Jan. 31, 2013

Segment Reporting

13. Segment Reporting

The Company operates in one reportable segment related to the development and sales of low-power, high-definition video products. The Chief Executive Officer of the Company has been identified as the Chief Operating Decision Maker (the “CODM”) and manages the Company’s operations as a whole and for the purpose of evaluating financial performance and allocating resources, the CODM reviews financial information presented on a consolidated basis accompanied by information by customer and geographic region.

Geographic Revenue

The following table sets forth the Company’s revenue by geographic region for the periods indicated:

	Year Ended January 31,
	2013		2012		2011
	(in thousands)
Hong Kong	$	104,458	$	80,627	$	87,438
Asia Pacific		550		1,350		1,503
United States		7,990		9,825		2,213
North America		2,602		1,323		455
Europe		5,466		4,132		3,130
Total revenue	$	121,066	$	97,257	$	94,739

As of January 31, 2013, substantially all of the Company’s long-lived tangible assets are located in the Asia Pacific region.

Major Customers

The customers representing 10% or more of revenue and accounts receivable were customer A, a logistic provider, and customer B, a direct ODM customer that combined accounted for approximately 80%, 80% and 91% of total revenue for the years ended January 31, 2013, 2012 and 2011, respectively. Accounts receivable with these customers combined accounted for approximately $17.6 million and $7.8 million as of January 31, 2013 and 2012, respectively.