Composition of Certain Financial Statement Items

6 Months Ended

Jul. 31, 2021

Composition Of Certain Financial Statement Items [Abstract]

Composition of Certain Financial Statement Items

5. Composition of Certain Financial Statement Items

Inventories

Inventories consisted of the following:

	July 31, 2021		January 31, 2021
	(in thousands)
Raw materials	$	8,421	$	13,029
Work-in-progress		—		68
Finished goods		19,495		20,495
Total Inventories	$	27,916	$	33,592

Property and equipment, net

Property and equipment, net consisted of the following:

	July 31, 2021			January 31, 2021
	(in thousands)
Furniture and fixtures	$	899		$	1,594
Computers and software		5,843			5,384
Machinery and equipment		12,140			10,605
Tooling		9,666			7,705
Leasehold improvements		9,680			9,398
Owned and operated systems		20,582			17,703
Construction in progress		2,760			2,462
		61,570			54,851
Less: Accumulated depreciation		(29,305	)		(24,863	)
Total Property and Equipment, Net	$	32,265		$	29,988

Depreciation expense for the three months ended July 31, 2021 and 2020 was $2.9 million and $2.4 million, respectively.

Depreciation expense for the six months ended July 31, 2021 and 2020 was $5.6 million and $4.7 million, respectively.

Accrued and other current liabilities

Accrued and other current liabilities consisted of the following:

	July 31, 2021		January 31, 2021
	(in thousands)
Accrued expenses	$	19,113	$	18,404
Refundable customer deposits		7,488		6,482
Taxes payable		6,495		5,213
Payroll and related expenses		7,372		7,547
Warranty accruals		3,100		3,000
Operating lease liabilities, current		3,130		2,393
Other liabilities		5,282		4,123
Total Accrued and Other Current Liabilities	$	51,980	$	47,162

Revenue

Revenue consisted of the following:

	Three Months Ended July 31,				Six Months Ended July 31,
	2021		2020		2021		2020
	(in thousands)				(in thousands)
United States	$	51,109	$	32,347	$	86,219	$	62,638
Rest of World		5,012		2,610		10,412		5,095
Total revenue	$	56,121	$	34,957	$	96,631	$	67,733