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Segment Reporting
6 Months Ended
Jul. 31, 2013
Segment Reporting [Abstract]  
Segment Reporting

11. 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:

 

     Three Months Ended July 31,      Six Months Ended July 31,  
     2013      2012      2013      2012  
     (in thousands)  

Hong Kong

   $ 33,195       $ 24,890       $ 61,969       $ 46,090   

Asia Pacific

     446         74         702         251   

United States

     1,242         1,368         3,847         4,404   

North America

     1,071         328         2,033         648   

Europe

     1,756         1,298         3,100         2,486   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total revenue

   $ 37,710       $ 27,958       $ 71,651       $ 53,879   
  

 

 

    

 

 

    

 

 

    

 

 

 

As of July 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 Wintech, the Company’s logistic provider, and Chicony, a direct ODM customer, which combined accounted for approximately 87% and 82% of total revenue for the three months ended July 31, 2013 and 2012, respectively, and approximately 84% and 81% of total revenue for the six months ended July 31, 2013 and 2012, respectively. Accounts receivable with these two customers combined accounted for approximately $20.0 million and $17.6 million as of July 31, 2013 and January 31, 2013, respectively.