Revenue and Deferred Revenue

12 Months Ended

Jan. 31, 2022

Revenue From Contract With Customer [Abstract]

Revenue and Deferred Revenue

Note 3:  Revenue and Deferred Revenue

Disaggregated revenue

Revenue disaggregated by revenue source consisted of the following (in thousands):

	Fiscal Year Ended January 31,
	2022		2021		2020
Subscription and services revenue	$	175,942	$	156,873	$	139,499
Product and other revenue		16,348		12,074		12,094
Total revenue	$	192,290	$	168,947	$	151,593

The Company derived approximately 49%, 44% and 39% of its total revenue from Ooma Business and approximately 49%, 54% and 58% of its total revenue from Ooma Residential and in fiscal 2022, 2021 and 2020, respectively.

No individual country outside of the United States represented 10% or more of total revenue for the periods presented. No single customer accounted for 10% or more of total revenue for the periods presented.

Deferred revenue primarily consists of billings or payments received in advance of meeting revenue recognition criteria. Deferred services revenue is recognized on a ratable basis over the term of the contract as the services are provided.

	As of
	January 31, 2022		January 31, 2021
Subscription and services	$	16,614	$	16,433
Product and other		59		68
Total deferred revenue	$	16,673		16,501
Less: current deferred revenue		16,600		16,426
Non-current deferred revenue included in other long-term liabilities	$	73	$	75

During fiscal 2022, the Company recognized revenue of approximately $16.4 million pertaining to amounts deferred as of January 31, 2021. As of January 31, 2022, the Company’s deferred revenue balance was primarily composed of subscription contracts that were invoiced during fiscal 2022.

Remaining performance obligations. As of January 31, 2022, contract revenue that had not yet been recognized for open contracts with an original expected length of greater than one year was approximately $9.1 million. The Company expects to recognize revenue on approximately 53% of this amount over the next 12 months, with the balance to be recognized thereafter.