Segment Reporting

9 Months Ended

Oct. 31, 2016

Segment Reporting [Abstract]

Segment Reporting

14. 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 October 31,				Nine Months Ended October 31,
	2016		2015		2016		2015
	(in thousands)
Hong Kong	$	92,588	$	84,053	$	197,478	$	228,371
Europe		2,228		2,260		10,862		5,963
United States		1,523		2,190		5,697		4,756
Asia Pacific		2,889		1,015		6,125		2,331
North America other than United States		1,262		3,682		2,627		6,985
Total revenue	$	100,490	$	93,200	$	222,789	$	248,406

As of October 31, 2016, substantially all of the Company’s property and equipment, net were located in the United States and Asia Pacific region with approximate net amounts of $1.8 million and $2.0 million, respectively.

Major Customers

For the three and nine months ended October 31, 2016, the customers representing 10% or more of revenue and accounts receivable were Wintech, the Company’s logistics provider, and GoPro, a direct OEM customer, which combined accounted for approximately 84% and 78% of total revenue, respectively. For the three and nine months ended October 31, 2015, the customers representing 10% or more of revenue and accounts receivable were Wintech and Chicony Electronics Co., Ltd., or Chicony, a direct ODM customer, which combined accounted for approximately 89% and 90% of total revenue, respectively. Accounts receivable with Wintech and GoPro combined accounted for approximately $31.1 million as of October 31, 2016. Accounts receivable with Wintech and Chicony combined accounted for approximately $32.5 million as of January 31, 2016.