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Balance Sheet Components
9 Months Ended
Oct. 31, 2015
Balance Sheet Components Disclosure [Abstract]  
Balance Sheet Components

Note 4. Balance Sheet Components

Property and Equipment, Net

Property and equipment, net consists of the following (in thousands):

 

 

 

January 31,

 

 

October 31,

 

 

 

2015

 

 

2015

 

 

 

 

 

 

 

 

 

Test equipment

 

$

37,059

 

 

$

58,359

 

Computer, equipment and software

 

 

19,022

 

 

 

25,158

 

Furniture and fixtures

 

 

2,460

 

 

 

2,587

 

Leasehold improvements

 

 

3,776

 

 

 

4,579

 

Total property and equipment

 

 

62,317

 

 

 

90,683

 

Less: accumulated depreciation and amortization

 

 

(22,458

)

 

 

(43,566

)

Property and equipment, net

 

$

39,859

 

 

$

47,117

 

 

Depreciation and amortization expense was $4.1 million and $8.5 million for the three months ended October 31, 2014 and October 31, 2015 and $9.2 million and $22.1 million for the nine months ended October 31, 2014 and October 31, 2015.

Intangible Assets, Net

Intangible assets, net consist of the following (in thousands):

 

 

 

January 31,

2015

 

 

October 31,

2015

 

 

 

 

 

 

 

 

 

Technology patents

 

$

9,125

 

 

$

9,125

 

Accumulated amortization

 

 

(841

)

 

 

(1,819

)

Intangible assets, net

 

$

8,284

 

 

$

7,306

 

 

Intangible assets amortization expense was $306,000 and $326,000 for the three months ended October 31, 2014 and October 31, 2015 and $515,000 and $978,000 for the nine months ended October 31, 2014 and October 31, 2015. Due to the defensive nature of these patents, the amortization is included in general and administrative expenses in the condensed consolidated statements of operations.

As of October 31, 2015, expected amortization expense for intangible assets for each of the next five years and thereafter is as follows (in thousands):

 

Year Ending January 31,

 

Estimated Future

Amortization

Expense

 

Remainder of 2016

 

$

326

 

2017

 

 

1,304

 

2018

 

 

1,304

 

2019

 

 

1,304

 

2020

 

 

1,304

 

Thereafter

 

 

1,764

 

Total

 

$

7,306

 

 

Accrued Expenses and Other Liabilities

Accrued expenses and other liabilities consist of the following (in thousands):

 

 

 

January 31,

 

 

October 31,

 

 

 

2015

 

 

2015

 

 

 

 

 

 

 

 

 

Sales and use tax payable

 

$

591

 

 

$

583

 

Accrued professional fees

 

 

1,502

 

 

 

2,149

 

Accrued travel and entertainment expenses

 

 

1,138

 

 

 

1,264

 

Income tax payable

 

 

779

 

 

 

941

 

Other accrued liabilities

 

 

2,096

 

 

 

6,786

 

Accrued deferred offering costs

 

 

 

 

 

2,717

 

Total accrued expenses and other liabilities

 

$

6,106

 

 

$

14,440