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Segment Reporting
12 Months Ended
Jan. 31, 2020
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,

 

 

 

2020

 

 

2019

 

 

2018

 

 

 

(in thousands)

 

Taiwan

 

$

137,946

 

 

$

132,199

 

 

$

174,486

 

Asia Pacific

 

 

66,867

 

 

 

66,981

 

 

 

57,862

 

Europe

 

 

11,134

 

 

 

18,244

 

 

 

45,185

 

North America other than United States

 

 

8,402

 

 

 

7,028

 

 

 

11,110

 

United States

 

 

4,383

 

 

 

3,316

 

 

 

6,759

 

Total revenue

 

$

228,732

 

 

$

227,768

 

 

$

295,402

 

 

Substantially all of the Company’s property and equipment were located in the United States, Asia Pacific region and Europe. As of January 31, 2020, the net amount of these fixed assets located in these regions was approximate $1.7 million, $2.8 million and $1.1 million, respectively. As of January 31, 2019, the net amount of these fixed assets located in these regions was approximately $2.1 million, $3.2million and $1.4 million, respectively.

Major Customers

The customers representing 10% or more of revenue and accounts receivable for the fiscal year ended January 31, 2020 were Wintech and Chicony which accounted for approximately 60% and 18% of total revenue, respectively. For the fiscal year ended January 31, 2019, the customers representing 10% or more of revenue and accounts receivables were Wintech and Chicony which accounted for approximately 58% and 16% of total revenue, respectively. For the fiscal year ended January 31, 2018, the customers representing 10% or more of revenue and accounts receivable were Wintech and GoPro Inc., or GoPro, which accounted for approximately 59% and 12% of total revenue, respectively. Accounts receivable from Wintech and Chicony accounted for approximately $3.8 million and $10.8 million as of January 31, 2020, respectively. Accounts receivable from Wintech and Chicony accounted for approximately $14.3 million and $6.9 million as of January 31, 2019, respectively.