Segment Reporting

9 Months Ended

Oct. 31, 2015

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 video products. 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 and 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 for the periods indicated:

	Three Months Ended October 31,				Nine Months Ended October 31,
	2015		2014		2015		2014
	(in thousands)
Hong Kong	$	84,053	$	61,134	$	228,371	$	138,527
Asia Pacific		1,015		420		2,331		1,638
United States		2,190		1,328		4,756		5,196
North America other than United States		3,682		1,046		6,985		3,762
Europe		2,260		1,761		5,963		4,455
Total revenue	$	93,200	$	65,689	$	248,406	$	153,578

As of October 31, 2015, substantially all of the Company’s property and equipment, net were located in the United States and Asia Pacific region with approximate net amount of $1.7 million and $1.2 million, respectively.

Major Customers

The customers representing 10% or more of revenue and accounts receivable were Wintech, the Company’s logistic provider, and Chicony, a direct ODM customer, which combined accounted for approximately 89% and 92% of total revenue for the three months ended October 31, 2015 and 2014, respectively, and approximately 90% and 89% of total revenue for the nine months ended October 31, 2015 and 2014, respectively. Accounts receivable with these two customers combined accounted for approximately $42.9 million and $36.2 million as of October 31, 2015 and January 31, 2015, respectively.