Concentrations

6 Months Ended

Jul. 31, 2024

Risks and Uncertainties [Abstract]

Concentrations

Concentrations

Revenues

For the three months ended July 31, 2024, the Company’s revenue was concentrated in two customers that accounted for approximately 38% and 11% of gross revenue, respectively. For the six months ended July 31, 2024, the Company’s revenue was concentrated in one customer that accounted for approximately 40% of gross revenue.

For the three months ended July 31, 2023, the Company’s revenue was concentrated in three customers that accounted for approximately 18%, 17%, and 10% of gross revenue, respectively. For the six months ended July 31, 2023, the Company’s revenue was concentrated in three customers that accounted for approximately 22%, 13%, and 11% of gross revenue respectively.

Receivables

As of July 31, 2024, four customers represented approximately 31%, 13%, 11%, and 11% of the total gross outstanding receivables, respectively. As of January 31, 2024, four customers represented approximately 20%, 15%, 13%, and 10% of total gross outstanding receivables, respectively.