Segment Reporting

3 Months Ended

Apr. 30, 2021

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 (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 April 30,
	2021		2020
	(in thousands)
Taiwan	$	44,587	$	34,460
Asia Pacific		18,637		14,028
Europe		3,018		2,253
North America other than United States		2,690		2,673
United States		1,201		1,231
Total revenue	$	70,133	$	54,645

As of April 30, 2021, substantially all of the Company’s property and equipment, net, was located in the United States, Asia Pacific region and Europe with approximate net amounts of $2.4 million, $2.4 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 63% and 16% of total revenue for the three months ended April 30, 2021, respectively. For the three months ended April 30, 2020, the customers representing 10% or more of revenue and accounts receivable were Wintech and Chicony, which accounted for approximately 63% and 15% of total revenue, respectively. Accounts receivable with Wintech and Chicony were approximately $17.0 million and $11.3 million as of April 30, 2021, respectively.