| Revenue |
(11) Revenue
Disaggregated Revenue and Geography Information
The following is a summary of revenues by type for the three months ended April 30, 2022 (Successor) and April 30, 2021 (Predecessor (SLH)) (in thousands):
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Successor |
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Predecessor (SLH) |
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Three Months |
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Three Months |
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Ended |
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Ended |
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April 30, 2022 |
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April 30, 2021 |
SaaS subscription services |
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$ |
103,033 |
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$ |
78,575 |
Software maintenance |
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4,454 |
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4,064 |
Professional services |
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10,964 |
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8,191 |
Software licenses and other |
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410 |
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871 |
Instructor led training |
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45,053 |
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— |
Total net revenues |
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$ |
163,914 |
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$ |
91,701 |
The following table sets forth our revenues by geographic region for the three months ended April 30, 2022 (Successor) and April 30, 2021 (Predecessor (SLH)) (in thousands):
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Successor |
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Predecessor (SLH) |
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Three Months |
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Three Months |
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Ended |
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Ended |
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April 30, 2022 |
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April 30, 2021 |
Revenue: |
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United States |
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$ |
106,685 |
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$ |
70,170 |
Other Americas |
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9,996 |
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4,461 |
Europe, Middle East and Africa |
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41,318 |
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12,113 |
Asia-Pacific |
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5,915 |
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4,957 |
Total net revenues |
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$ |
163,914 |
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$ |
91,701 |
Other than the United States, no single country accounted for more than 10% of revenue for all periods presented.
Deferred Revenue
Deferred revenue activity for the three months ended April 30, 2022 was as follows (in thousands):
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Deferred revenue at January 31, 2022 (Successor) |
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$ |
332,853 |
Billings deferred |
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111,820 |
Recognition of prior deferred revenue |
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(163,914) |
Acquisition of Codecademy |
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18,396 |
Deferred revenue at April 30, 2022 (Successor) |
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$ |
299,155 |
Deferred revenue performance obligations relate predominately to time-based SaaS subscription services that are billed in advance of services being rendered.
Deferred Contract Acquisition Costs
Deferred contract acquisition cost activity for the three months ended April 30, 2022 was as follows (in thousands):
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Deferred contract acquisition costs at January 31, 2022 (Predecessor (SLH)) |
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$ |
16,917 |
Contract acquisition costs |
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5,096 |
Recognition of contract acquisition costs |
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(4,339) |
Deferred contract acquisition costs at April 30, 2022 (Successor) |
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$ |
17,674 |
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