Revenue (Tables)

9 Months Ended

Oct. 31, 2022

Revenue

Schedule of disaggregated revenue

	Quarter to Date Results				Year to Date Results
	Fiscal 2023		Fiscal 2022		Fiscal 2023		Fiscal 2022
	Successor		Successor		Successor		Successor		Predecessor (SLH)
	Three Months		Three Months		Nine Months		From		From
	Ended		Ended		Ended		June 12, 2021 to		February 1, 2021 to
	October 31, 2022		October 31, 2021		October 31, 2022		October 31, 2021		June 11, 2021
SaaS subscription services	$	93,127	$	82,593	$	272,443	$	126,833	$	97,406
Professional services		4,617		4,354		13,429		6,339		5,088
Software licenses and other		224		—		635		—		—
Instructor led training		41,422		53,206		128,296		82,448		—
Total net revenues	$	139,390	$	140,153	$	414,803	$	215,620	$	102,494

	Quarter to Date Results				Year to Date Results
	Fiscal 2023		Fiscal 2022		Fiscal 2023		Fiscal 2022
	Successor		Successor		Successor		Successor		Predecessor (SLH)
	Three Months		Three Months		Nine Months		From		From
	Ended		Ended		Ended		June 12, 2021 to		February 1, 2021 to
	October 31, 2022		October 31, 2021		October 31, 2022		October 31, 2021		June 11, 2021
Revenue:
United States	$	92,177	$	85,421	$	268,096	$	132,785	$	77,489
Other Americas		7,099		9,554		23,075		15,076		5,197
Europe, Middle East and Africa		35,230		40,485		109,031		60,563		14,283
Asia-Pacific		4,884		4,693		14,601		7,196		5,525
Total net revenues	$	139,390	$	140,153	$	414,803	$	215,620	$	102,494

Schedule of deferred revenue

Deferred revenue activity for the three and nine months ended October 31, 2022 was as follows (in thousands):

Deferred revenue at January 31, 2022 (Successor)	$	260,949
Billings deferred		92,106
Recognition of prior deferred revenue		(134,839)
Acquisition of Codecademy		18,396
Deferred revenue at April 30, 2022 (Successor)	$	236,612
Billings deferred		119,724
Recognition of prior deferred revenue		(140,574)
Deferred revenue at July 31, 2022 (Successor)		215,762
Billings deferred		122,202
Recognition of prior deferred revenue		(139,390)
Deferred revenue at October 31, 2022 (Successor)	$	198,574

Schedule of deferred contract acquisition costs

Deferred contract acquisition costs at January 31, 2022 (Successor)	$	13,248
Contract acquisition costs		4,265
Recognition of contract acquisition costs		(3,733)
Deferred contract acquisition costs at April 30, 2022 (Successor)	$	13,780
Contract acquisition costs		3,964
Recognition of contract acquisition costs		(3,742)
Deferred contract acquisition costs at July 31, 2022 (Successor)		14,002
Contract acquisition costs		5,213
Recognition of contract acquisition costs		(6,317)
Deferred contract acquisition costs at October 31, 2022 (Successor)	$	12,898