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Segment Reporting
12 Months Ended
Jan. 31, 2019
Segment Reporting [Abstract]  
Segment Reporting

15. Segment Reporting

The Company operates in one reportable segment related to the development and sales of low-power, high-definition (HD), Ultra HD video compression, image processing and computer vision solutions. 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. 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 based on bill-to location for the periods indicated.

 

 

 

Year Ended January 31,

 

 

 

2019

 

 

2018

 

 

2017

 

 

 

(in thousands)

 

Taiwan

 

$

132,199

 

 

$

174,486

 

 

$

185,225

 

Asia Pacific

 

 

66,981

 

 

 

57,862

 

 

 

42,461

 

Europe

 

 

18,244

 

 

 

45,185

 

 

 

71,556

 

North America other than United States

 

 

7,028

 

 

 

11,110

 

 

 

3,686

 

United States

 

 

3,316

 

 

 

6,759

 

 

 

7,369

 

Total revenue

 

$

227,768

 

 

$

295,402

 

 

$

310,297

 

 

Substantially all of the Company’s property and equipment were located in the United States, Asia Pacific region and Europe. As of January 31, 2019, the net amount of these fixed assets located in these regions was approximate $2.1 million, $3.2 million and $1.4 million, respectively. As of January 31, 2018, the net amount of these fixed assets located in these regions was approximately $2.7 million, $2.4 million and $1.3 million, respectively.

Major Customers

The customers representing 10% or more of revenue and accounts receivable for the fiscal year ended January 31, 2019 were Wintech and Chicony which accounted for approximately 58% and 16% of total revenue, respectively. For the fiscal years ended January 31, 2018 and 2017, the customers representing 10% or more of revenue and accounts receivable were Wintech and GoPro Inc., or GoPro, a direct OEM customer. In fiscal year 2018 and 2017, Wintech accounted for approximately 59% and 60% of total revenue, respectively. In fiscal year 2018 and 2017, GoPro accounted for approximately 12% and 19% of total revenue, respectively. Accounts receivable from Wintech and Chicony accounted for approximately $14.3 million and $6.9 million as of January 31, 2019, respectively. Accounts receivable from Wintech and GoPro accounted for approximately $9.8 million and $9.5 million as of January 31, 2018, respectively.