XML 31 R21.htm IDEA: XBRL DOCUMENT v3.10.0.1
Segment Reporting
9 Months Ended
Oct. 31, 2018
Segment Reporting [Abstract]  
Segment Reporting

15. Segment Reporting

The Company operates in one reportable segment related to the development and sales of low-power, high-definition (HD), Ultra HD video compression, image processing and computer vision solutions. 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. 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 based on bill-to location for the periods indicated:

 

 

 

Three Months Ended October 31,

 

 

Nine Months Ended October 31,

 

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

 

 

(in thousands)

 

Taiwan

 

$

28,300

 

 

$

45,026

 

 

$

100,650

 

 

$

139,494

 

Asia Pacific

 

 

20,971

 

 

 

19,000

 

 

 

55,372

 

 

 

43,050

 

Europe

 

 

5,734

 

 

 

20,908

 

 

 

13,191

 

 

 

29,252

 

North America other than United States

 

 

1,531

 

 

 

2,582

 

 

 

5,040

 

 

 

7,566

 

United States

 

 

750

 

 

 

1,546

 

 

 

2,445

 

 

 

5,465

 

Total revenue

 

$

57,286

 

 

$

89,062

 

 

$

176,698

 

 

$

224,827

 

 

As of October 31, 2018, substantially all of the Company’s property and equipment, net, were located in the United States, Asia Pacific region and Europe with approximate net amounts of $2.3 million, $3.0 million and $1.5 million, respectively.

Major Customers

The customers representing 10% or more of revenue and accounts receivable were Wintech and Chicony, which accounted for approximately 49% and 23% of total revenue for the three months ended October 31, 2018, respectively, and accounted for approximately 57% and 16% of total revenue for the nine months ended October 31, 2018, respectively. For the three months ended October 31, 2017, the customers representing 10% or more of revenue and accounts receivable were Wintech, GoPro, Inc., or GoPro, a direct OEM customer, and Chicony, which accounted for approximately 51%, 21% and 12% of total revenue, respectively. For the nine months ended October 31, 2017, the only customer representing 10% or more of revenue and accounts receivable was Wintech, which accounted for approximately 62% of total revenue. Accounts receivable with Wintech and Chicony was approximately $12.7 million and $13.3 million as of October 31, 2018, respectively.