Note 9 - Major Clients |
12 Months Ended |
|---|---|
Jan. 31, 2025 | |
| Notes to Financial Statements | |
| Concentration Risk Disclosure [Text Block] |
NOTE 9 — MAJOR CLIENTS
During fiscal 2024, the Company did not have any one individual client account for 10% or more of our revenue. In the quarter of fiscal 2023, the Company received notice from a client of its intent not to renew its contract for the Company’s SaaS solutions following the expiration of the contract’s term on December 31, 2023. Revenue recognized related to that client’s SaaS contract represented approximately 19% of total revenue for fiscal 2023, and the Company recognized no SaaS revenue from that client in fiscal 2024. Three clients represented 20%, and 14%, respectively, of accounts receivable as of January 31, 2025, and four clients represented 14%, 12%, 12% and 11%, respectively, of accounts receivable as of January 31, 2024. Many of our clients are invoiced on an annual basis. |