Overview And Basis of Presentation

12 Months Ended

Jan. 31, 2018

Accounting Policies [Abstract]

Overview and Basis of Presentation

Note 1: Overview and Basis of Presentation

Ooma, Inc. and its wholly-owned subsidiaries (collectively, “Ooma” or the “Company”) create new communications experiences for businesses and consumers. The Company’s smart SaaS platform serves as a communications hub, which offers cloud-based telephony, home security and other connected services.

Principles of Presentation and Consolidation.The accompanying consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) and include the accounts of the Company and its wholly owned subsidiaries. All intercompany transactions and balances have been eliminated upon consolidation. In the opinion of the Company’s management, the consolidated financial statements reflect all adjustments, which are normal and recurring in nature, necessary for fair financial statement presentation.

Fiscal Year.  The Company’s fiscal year ends on January 31. References to fiscal 2018, fiscal 2017 and fiscal 2016 refer to the fiscal years ended January 31, 2018, January 31, 2017 and January 31, 2016, respectively.

Use of Estimates.The preparation of the Company’s financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in these consolidated financial statements and accompanying notes. Actual results could differ materially from those estimates.

Comprehensive Loss. For all periods presented, comprehensive loss approximated net loss in the consolidated statements of operations. Therefore, the consolidated statements of comprehensive loss have been omitted.