Ooma (OOMA) 10-Q 9 Jun 21 2022 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Apr. 30, 2021	May 31, 2021
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Apr. 30, 2021
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q1
Trading Symbol	OOMA
Entity Registrant Name	Ooma Inc
Entity Central Index Key	0001327688
Current Fiscal Year End Date	--01-31
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Common Stock, Shares Outstanding		23,200,000
Entity Current Reporting Status	Yes
Entity Shell Company	false
Entity File Number	001-37493
Entity Tax Identification Number	06-1713274
Entity Address, Address Line One	525 Almanor Avenue
Entity Address, Address Line Two	Suite 200
Entity Address, City or Town	Sunnyvale
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	94085
City Area Code	650
Local Phone Number	566-6600
Entity Interactive Data Current	Yes
Title of 12(b) Security	Common Stock, par value $0.0001
Security Exchange Name	NYSE
Document Quarterly Report	true
Document Transition Report	false
Entity Incorporation, State or Country Code	DE

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Apr. 30, 2021	Jan. 31, 2021
Current assets:
Cash and cash equivalents	$ 18,898	$ 17,298
Short-term investments	10,142	11,013
Accounts receivable, net	4,066	5,228
Inventories	13,478	12,233
Other current assets	10,558	10,222
Total current assets	57,142	55,994
Property and equipment, net	5,130	5,071
Operating lease right-of-use assets	5,541	6,045
Intangible assets, net	5,186	5,513
Goodwill	4,264	4,264
Other assets	12,805	12,210
Total assets	90,068	89,097
Current liabilities:
Accounts payable	9,453	7,499
Accrued expenses and other current liabilities	18,859	22,731
Deferred revenue	16,081	16,426
Total current liabilities	44,393	46,656
Long-term operating lease liabilities	2,743	2,815
Other liabilities	94	75
Total liabilities	47,230	49,546
Commitments and contingencies (Note 11)
Stockholders’ equity:
Common stock $0.0001 par value: 100 million shares authorized; 23.2 million and 22.9 million shares issued and outstanding, respectively	4	4
Additional paid-in capital	170,755	166,577
Accumulated other comprehensive income	3	7
Accumulated deficit	(127,924)	(127,037)
Total stockholders’ equity	42,838	39,551
Total liabilities and stockholders’ equity	$ 90,068	$ 89,097

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) (Unaudited) - $ / shares	Apr. 30, 2021	Jan. 31, 2021
Statement Of Financial Position [Abstract]
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	23,200,000	22,900,000
Common stock, shares outstanding	23,200,000	22,900,000

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2021	Apr. 30, 2020
Revenue:
Total revenue	$ 45,572	$ 40,306
Cost of revenue:
Total cost of revenue	17,490	15,131
Gross profit	28,082	25,175
Operating expenses:
Sales and marketing	14,016	12,446
Research and development	9,307	8,846
General and administrative	5,725	5,028
Total operating expenses	29,048	26,320
Loss from operations	(966)	(1,145)
Interest and other income, net	79	79
Net loss	$ (887)	$ (1,066)
Net loss per share of common stock:
Basic and diluted	$ (0.04)	$ (0.05)
Weighted-average shares of common stock outstanding:
Basic and diluted	23,053,512	21,897,694
Subscription and services
Revenue:
Total revenue	$ 41,965	$ 37,616
Cost of revenue:
Total cost of revenue	12,339	11,341
Product and other
Revenue:
Total revenue	3,607	2,690
Cost of revenue:
Total cost of revenue	$ 5,151	$ 3,790

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2021	Apr. 30, 2020
Cash flows from operating activities:
Net loss	$ (887)	$ (1,066)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Stock-based compensation expense	3,194	3,008
Depreciation and amortization of capital expenditures	773	713
Amortization of intangible assets	326	326
Non-cash operating lease expense	818	794
Other	10	30
Changes in operating assets and liabilities:
Accounts receivable, net	1,162	(830)
Inventories	(1,206)	(1,698)
Prepaid expenses and other assets	(970)	(670)
Accounts payable and other liabilities	(2,470)	(3,006)
Deferred revenue	(326)	(449)
Net cash provided by (used in) operating activities	424	(2,848)
Cash flows from investing activities:
Purchases of short-term investments	(6,043)	(9,015)
Proceeds from maturities of short-term investments	6,900	9,186
Capital expenditures	(665)	(762)
Net cash provided by (used in) investing activities	192	(591)
Cash flows from financing activities:
Proceeds from issuance of common stock	1,469	1,267
Net cash provided by financing activities	984	795
Net increase (decrease) in cash and cash equivalents	1,600	(2,644)
Cash and cash equivalents at beginning of period	17,298	11,680
Cash and cash equivalents at end of period	18,898	9,036
Restricted Stock Units (RSUs)
Cash flows from financing activities:
Shares repurchased for tax withholdings on vesting of restricted stock units ("RSU")	$ (485)	$ (472)

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Unaudited) - USD ($) $ in Thousands	Total	Common stock and APIC	[1]	AOCI	[2]	Accumulated Deficit
BALANCE at Jan. 31, 2020	$ 28,415	$ 152,997		$ 14		$ (124,596)
Issuance of common stock under equity-based plans	1,311	1,311
Shares repurchased for tax withholdings on RSU vesting	(472)	(472)
Stock-based compensation	3,008	3,008
Changes in other comprehensive income	12			12
Net loss	(1,066)					(1,066)
BALANCE at Apr. 30, 2020	31,208	156,844		26		(125,662)
BALANCE at Jan. 31, 2021	39,551	166,581		7		(127,037)
Issuance of common stock under equity-based plans	1,469	1,469
Shares repurchased for tax withholdings on RSU vesting	(485)	(485)
Stock-based compensation	3,194	3,194
Changes in other comprehensive income	(4)			(4)
Net loss	(887)					(887)
BALANCE at Apr. 30, 2021	$ 42,838	$ 170,759		$ 3		$ (127,924)
[1]	Additional paid-in capital
[2]	Accumulated other comprehensive income

Overview

Overview	3 Months Ended
	Apr. 30, 2021
Accounting Policies [Abstract]
Overview	Note 1: Overview Ooma, Inc. (“Ooma” or the “Company”) creates new communications experiences for businesses and consumers, delivered from its software-as-a-service (“SaaS”) and unified-communications-as-a-service (“UCaaS”) platforms. The Company’s corporate headquarters is located in Sunnyvale, California. Fiscal Year. The Company’s fiscal year ends on January 31. References to fiscal 2022 and fiscal 2021 refer to the fiscal year ending January 31, 2022 and the fiscal year ended January 31, 2021, respectively. Basis of Presentation. The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) and applicable rules and regulations of the Securities and Exchange Commission (“SEC”) regarding interim financial reporting. Certain information and note disclosures normally included in the financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules and regulations. The condensed consolidated balance sheet as of January 31, 2021 included herein was derived from the audited financial statements as of that date, but does not include all the disclosures required by GAAP. Therefore, the information included in this Quarterly Report on Form 10-Q should be read in conjunction with the audited consolidated financial statements and related notes included in the Company’s Annual Report on Form 10-K for the year ended January 31, 2021 filed with the SEC on April 7, 2021 (“Annual Report”). The accompanying condensed consolidated financial statements reflect all normal recurring adjustments that management believes are necessary for a fair presentation of the interim periods presented. The results for the three months ended April 30, 2021 are not necessarily indicative of the results to be expected for any subsequent quarter or for the fiscal year ending January 31, 2022. Principles of Consolidation. The condensed consolidated financial statements include the accounts of Ooma, Inc. and its wholly-owned subsidiaries. All intercompany transactions and balances have been eliminated in consolidation. Use of Estimates. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the Company’s condensed consolidated financial statements and notes thereto. Significant estimates include, but are not limited to, those related to revenue recognition, inventory valuation, deferred commissions, valuation of goodwill and intangible assets, operating lease assets and liabilities, regulatory fees and indirect tax accruals, loss contingencies, stock-based compensation, income taxes (including valuation allowances) and fair value measurements. The Company bases its estimates and assumptions on historical experience, where applicable, and other factors that it believes to be reasonable under the circumstances. These estimates are based on information available as of the date of the condensed consolidated financial statements, and assumptions are inherently subjective in nature. Therefore, actual results could differ materially from those estimates, including uncertainty in the current economic environment due to COVID-19. Significant Accounting Policies. There have been no material changes to the Company’s significant accounting policies from those disclosed in the Annual Report. Comprehensive Loss. For all periods presented, comprehensive loss approximated net loss in the condensed consolidated statements of operations and differences were not material. Therefore, the condensed consolidated statements of comprehensive loss have been omitted. Adopted Accounting Standards Income Taxes. On February 1, 2021, the Company adopted Accounting Standards Update (“ASU”) 2019-12, Income Taxes (Topic 740) : Simplifying the Accounting for Income Taxes , which simplified certain aspects of the accounting for income taxes as well as clarified and amended existing guidance to improve consistent application. Adoption did not have a material impact on the Company’s consolidated financial statements and related disclosures.

Revenue and Deferred Revenue

Revenue and Deferred Revenue	3 Months Ended
	Apr. 30, 2021
Revenue From Contract With Customer [Abstract]
Revenue and Deferred Revenue	Note 2: Revenue and Deferred Revenue The Company’s revenue is presented in accordance with the provisions under Topic 606. The Company derives its revenue from two sources: Subscription and Services Revenue is derived primarily from recurring subscription fees related to service plans such as Ooma Business, Ooma Residential and other communications services. Service plans are generally sold as monthly subscriptions; however, certain plans are also offered as annual or multi-year subscriptions. Subscription revenue is generally recognized ratably over the contractual service term. Product and Other Revenue is generated primarily from the sale of on-premise appliances and end-point devices, including shipping and handling fees for direct customers. The Company recognizes product and other revenue from sales to direct end-customers and channel partners at the point-in-time that control transfers, which is typically when it delivers the product or when all customer contractual provisions have been met, if any. Revenue disaggregated by revenue source consisted of the following (in thousands): Three Months Ended April 30, 2021 April 30, 2020 Subscription and services revenue $ 41,965 $ 37,616 Product and other revenue 3,607 2,690 Total revenue $ 45,572 $ 40,306 The Company derived approximately 51% and 55% of its total revenue from Ooma Residential and approximately 47% and 43% from Ooma Business for the three months ended April 30, 2021 and 2020, respectively. No individual country outside of the United States, and no single customer, represented 10% or more of total revenue for the periods presented. As of April 30, 2021, one customer accounted for 14% of the Company’s net accounts receivable balance. As of January 31, 2021, no single customer accounted for 10% or more of net accounts receivable. Deferred Revenue primarily consists of billings or payments received in advance of meeting revenue recognition criteria. Deferred services revenue is recognized on a ratable basis over the term of the contract as the services are provided. Deferred revenue consisted of the following (in thousands): As of April 30, 2021 January 31, 2021 Subscription and services $ 15,946 $ 16,433 Product and other 229 68 Total deferred revenue $ 16,175 16,501 Less: current deferred revenue 16,081 16,426 Non-current deferred revenue included in other long-term liabilities $ 94 $ 75 During the three months ended April 30, 2021, the Company recognized revenue of approximately $9.7 mil Remaining Performance Obligations. As of April 30, 2021, contract revenue that has not yet been recognized for open contracts with an original expected length of greater than one year was approximately $8.8 million. The Company expects to recognize revenue on approximately 52% of this amount over the next 12 months, with the balance to be recognized thereafter

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Apr. 30, 2021
Fair Value Disclosures [Abstract]
Fair Value Measurements	Note 3: Fair Value Measurements The Company records its financial assets and liabilities at fair value. The Company estimates and categorizes fair value by applying the following hierarchy: Level 1: Quoted prices (unadjusted) for identical assets or liabilities in active markets. Level 2: Observable prices based on inputs not quoted in active markets, but are corroborated by market data. Level 3: Unobservable inputs that are supported by little or no market activity. Financial assets measured at fair value on a recurring basis by level were as follows (in thousands): Balance as of April 30, 2021 Level 1 Level 2 Total Cash and cash equivalents: Money market funds $ 3,524 $ — $ 3,524 Commercial paper 250 250 Total cash equivalents $ 3,524 $ 250 $ 3,774 Cash 15,124 Total cash and cash equivalents $ 18,898 Short-term investments: U.S. treasury securities $ 5,813 $ — $ 5,813 Commercial paper — 4,003 4,003 Corporate debt securities — 326 326 Total short-term investments $ 5,813 $ 4,329 $ 10,142 Balance as of January 31, 2021 Level 1 Level 2 Total Cash and cash equivalents: Money market funds $ 1,657 $ — $ 1,657 U.S. agency securities — 1,000 1,000 U.S. treasury securities 250 — 250 Total cash equivalents $ 1,907 $ 1,000 $ 2,907 Cash 14,391 Total cash and cash equivalents $ 17,298 Short-term investments: U.S. treasury securities $ 9,782 $ — $ 9,782 Corporate debt securities — 929 929 Asset-backed securities — 302 302 Total short-term investments $ 9,782 $ 1,231 $ 11,013 The Company classifies its cash equivalents and short-term investments within Level 1 or Level 2 because it uses quoted market prices or alternative pricing sources and models utilizing market observable inputs to determine their fair value. The Company has no material Level 3 assets or liabilities. For the periods presented, the amortized cost of cash equivalents and marketable securities approximated their fair value and there were no material realized or unrealized gains or losses, either individually or in the aggregate. Contractual maturities of short-term investments were all less than one year in duration.

Balance Sheet Components

Balance Sheet Components	3 Months Ended
	Apr. 30, 2021
Balance Sheet Components [Abstract]
Balance Sheet Components	Note 4: Balance Sheet Components The following sections and tables provide details of selected balance sheet items (in thousands): Inventories As of April 30, 2021 January 31, 2021 Finished goods $ 11,300 $ 11,057 Raw materials 2,178 1,176 Total inventory $ 13,478 $ 12,233 Acquired intangible assets As of April 30, 2021 January 31, 2021 Customer relationships $ 4,574 $ 4,827 Developed technology 372 424 Trade names 240 262 Total intangible assets $ 5,186 $ 5,513 Amortization expense for acquired intangible assets was $0.3 million for each of the three months ended April 30, 2021 and 2020. Other current and non-current assets As of April 30, 2021 January 31, 2021 Deferred sales commissions, current $ 5,109 $ 4,689 Prepaid expenses 3,012 3,152 Convertible note receivable, including accrued interest 1,645 1,605 Deferred inventory costs 342 381 Other current assets 450 395 Total other current assets $ 10,558 $ 10,222 Deferred sales commissions, non-current $ 12,127 $ 11,474 Other non-current assets 678 736 Total other non-current assets $ 12,805 $ 12,210 Customer Acquisition Costs . Amortization expense for deferred sales commissions was $1.3 million and $0.8 million for the three months ended April 30, 2021 and 2020, respectively. To date, there have been no material impairment losses related to the costs capitalized. Global In December 2018, the Company invested $1.3 million in cash in GTC, a privately-held technology company, in exchange for a convertible promissory note that will convert to shares of GTC stock upon the occurrence of certain future events. The convertible note and related interest is due and payable upon the Company’s demand at any time after December 31, 2021. The Company has also partnered with GTC on certain research and development and inventory procurement activities. GTC is a variable interest entity for accounting purposes and the Company does not consolidate GTC into its financial statements because the Company is not the primary beneficiary. The Company’s maximum exposure to loss is equal to the carrying value of the convertible note receivable, including accrued interest. Additionally, as of April 30, 2021 and January 31, 2021, the Company’s non-cancelable purchase commitments with GTC were $1.1 million and zero, respectively. Accrued expenses and other current liabilities As of April 30, 2021 January 31, 2021 Payroll and related expenses $ 5,648 $ 11,062 Regulatory fees and taxes 4,051 4,141 Short-term operating lease liabilities 3,309 3,831 Customer related liabilities 1,815 1,262 Other 4,036 2,435 Total accrued expenses $ 18,859 $ 22,731

Operating Leases

Operating Leases	3 Months Ended
	Apr. 30, 2021
Leases [Abstract]
Operating Leases	Note 5: Operating Leases The Company leases its headquarters located in Sunnyvale, California, as well as office and data center space in various locations under non-cancelable operating lease agreements. Supplemental balance sheet information related to leases was as follows (in thousands): As of April 30, 2021 January 31, 2021 Assets Operating lease right-of-use assets $ 5,541 $ 6,045 Total leased assets $ 5,541 $ 6,045 Liabilities Short-term operating lease liabilities $ 3,309 $ 3,831 Long-term operating lease liabilities 2,743 2,815 Total lease liabilities $ 6,052 $ 6,646 Operating lease right-of-use assets and long-term operating lease liabilities are included on the face of the condensed consolidated balance sheet. Short-term operating lease liabilities are included in other current liabilities. The Company incurred total lease costs in its consolidated statements of operations of $1.2 million for each of the three months ended April 30, 2021 and 2020. Supplemental cash flow information related to leases was as follows (in thousands): Three Months Ended April 30, 2021 April 30, 2020 Cash payments for operating leases $ 980 $ 431 Right-of-use assets recognized in exchange for new operating lease obligations $ 313 $ 303 As of April 30, 2021, maturities of lease liabilities under non-cancelable operating leases were as follows (in thousands): Fiscal Years Ending January 31, April 30, 2021 2022 $ 2,938 2023 1,627 2024 1,522 2025 256 Total lease payments 6,343 Less: imputed interest (291 ) Present value of lease liabilities $ 6,052 Additionally, on April 6, 2021, the Company entered into a sublease extension for its corporate headquarters in Sunnyvale, California, to extend the term of the existing sublease from an end date of January 31, 2022 to March 15, 2029. , in the second quarter of fiscal 2022

Stockholders' Equity

Stockholders' Equity	3 Months Ended
	Apr. 30, 2021
Equity [Abstract]
Stockholders' Equity	Note 6: Stockholders’ Equity The Company has a stock-based compensation plan, the 2015 Equity Incentive Plan, pursuant to which it has granted incentive and nonstatutory stock options and restricted stock units. Additionally, the Company's 2015 Employee Stock Purchase Plan (“ESPP”) allows eligible employees to purchase shares of common stock at a discounted price through payroll deductions. Stock Options. Stock option activity for the three months ended April 30, 2021 was as follows: Weighted Average Aggregate Shares Exercise Price Intrinsic Value (in thousands) Per Share (in thousands) Balance as of January 31, 2021 1,366 $ 7.95 $ 7,803 Granted 120 $ 16.28 Exercised (32 ) $ 2.31 Canceled (2 ) $ 10.52 Balance as of April 30, 2021 1,452 $ 8.75 $ 11,303 Vested and exercisable as of April 30, 2021 1,173 $ 7.54 $ 10,550 The aggregate intrinsic value of vested options exercised during each of the three months ended April 30, 2021 and 2020 was $0.4 million. The weighted average grant date fair value of options granted during the three months ended April 30, 2021 and 2020 was $7.89 and $4.68 per share, respectively. Restricted Stock Units. RSU activity for the three months ended April 30, 2021 was as follows: Shares (in thousands) Weighted Average Grant-Date Fair Value Per Share Balance as of January 31, 2021 1,441 $ 12.54 Granted 757 $ 16.28 Vested (196 ) $ 12.08 Canceled (34 ) $ 11.66 Balance as of April 30, 2021 1,968 $ 14.04 Employee Stock Purchase Plan. During each of the three months ended April 30, 2021 and 2020, employees purchased 0.1 million shares, respectively, at a weighted purchase price of $10.07 and $9.98 per share, respectively.

Stock-Based Compensation

Stock-Based Compensation	3 Months Ended
	Apr. 30, 2021
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Stock-Based Compensation	Note 7: Stock-Based Compensation Total stock-based compensation recognized for stock-based awards in the condensed consolidated statements of operations was as follows (in thousands): Three Months Ended April 30, 2021 April 30, 2020 Cost of revenue $ 270 $ 254 Sales and marketing 483 481 Research and development 1,066 1,051 General and administrative 1,375 1,222 Total stock-based compensation expense $ 3,194 $ 3,008 As of April 30, 2021, there was $28.1 3 years .

Income Taxes

Income Taxes	3 Months Ended
	Apr. 30, 2021
Income Tax Disclosure [Abstract]
Income Taxes	Note 8: Income Taxes The Company recorded no income tax expense or benefit during the three months ended April 30, 2021 and 2020. The Company continues to maintain a full valuation allowance against its deferred tax assets. As of April 30, 2021, the Company had unrecognized tax benefits of $6.9 million, none of which would currently affect the Company's effective tax rate if recognized due to the Company's deferred tax assets being fully offset by a valuation allowance. The Company does not anticipate that the amount of unrecognized tax benefits relating to tax positions existing at April 30, 2021 will significantly increase or decrease within the next twelve months. There were no interest expense or penalties related to unrecognized tax benefits recorded through April 30, 2021. A number of years may elapse before an uncertain tax position is audited and finally resolved. While it is often difficult to predict the final outcome or the timing of resolution of any particular uncertain tax position, the Company believes that its reserves for income taxes reflect the most likely outcome. The Company adjusts these reserves, as well as the related interest, in light of changing facts and circumstances. Settlement of any particular position could require the use of cash.

Basic and Diluted Net Loss Per

Basic and Diluted Net Loss Per Share	3 Months Ended
	Apr. 30, 2021
Earnings Per Share [Abstract]
Basic and Diluted Net Loss Per Share	Note 9: Basic and Diluted Net Loss Per Share Basic and diluted net loss per share is calculated by dividing the net loss by the weighted average number of common shares outstanding during the period. Diluted net loss per share of common stock is the same as basic net loss per share of common stock because the effects of potentially dilutive securities are antidilutive as the Company reported net losses for all periods presented. The following table sets forth the computation of the Company’s basic and diluted net loss per share of common stock (in thousands, except share and per share data): Three Months Ended April 30, 2021 April 30, 2020 Numerator Net loss $ (887 ) $ (1,066 ) Denominator Weighted-average common shares 23,053,512 21,897,694 Basic and diluted net loss per share $ (0.04 ) $ (0.05 ) Potentially dilutive securities of approximately 3.8

Financing Arrangements

Financing Arrangements	3 Months Ended
	Apr. 30, 2021
Debt Disclosure [Abstract]
Financing Arrangements	Note 10: Financing Arrangements Revolving Credit Facility On January 8, 2021, the Company, as borrower, entered into a credit and security agreement (“Credit Agreement”) with KeyBank National Association as Administrative Agent (“Agent”) and lender, and KeyBanc Capital Markets Inc. as sole lead arranger and sole book runner. The Credit Agreement provides for a secured revolving credit facility (“Credit Facility”) under which the Company may borrow up to an aggregate amount of $25 million, which includes a $10 million sub-facility for letters of credit. The Company and its lenders may increase the total commitments under the Credit Facility to up to an aggregate amount of $45 million, subject to certain conditions. Funds borrowed under the Credit Agreement may be used for working capital and other general corporate purposes. Loans under the Credit Agreement will bear interest, at the Company’s option, at either a rate equal to the “Base Rate” (as defined in the Credit Agreement) or (b) “Eurodollar Rate” (as defined in the Credit Agreement) plus 2.50%. The Base Rate is the highest of (i) the Agent’s prime rate, (ii) the federal funds effective rate plus 0.5%, and (iii) the Eurodollar Rate with an interest period of one month plus 1%. The Eurodollar Rate is the London Interbank Offered Rate with various interest periods as may be selected by the Company but shall not be less than 0.75%. Upon the occurrence of any event of default, the interest rate on any borrowings increases by 2.0%. The Credit Agreement also contains customary provisions for the replacement of the London Interbank Offered Rate/Eurodollar Rate. The Company is required to pay a commitment fee on the unused portion of the Credit Facility of 0.25% per annum. The Credit Agreement will terminate and all amounts owing thereunder will be due and payable on the earlier of January 7, 2024 or 90 days prior to the scheduled maturity of any convertible debt securities, unless the commitments are terminated earlier, either at the request of the Company or, if an event of default occurs, by the lenders (or automatically in the case of certain bankruptcy-related events). The Credit Agreement contains customary representations, warranties, affirmative and negative covenants, events of default and indemnification provisions in favor of the Agent, lenders and their affiliates. Among other covenants, the Credit Agreement includes restrictive financial covenants that require the Company to meet minimum recurring revenue levels and maintain specified amounts of available liquidity on a quarterly basis. As of April 30, 2021, the Company had zero outstanding borrowings and was in compliance with the covenants contained in the Credit Agreement. Accordingly, $25 million of borrowing capacity was available for the purposes permitted by the Credit Agreement.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Apr. 30, 2021
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 11: Commitments and Contingencies Purchase Commitments . As of April 30, 2021 and January 31, 2021, non-cancelable purchase commitments with the Company’s contract manufacturers and other parties were $9.1 million and $5.4 million, respectively. Legal Proceedings In addition to the litigation matters described below, from time to time, the Company may be involved in a variety of other claims, lawsuits, investigations, and proceedings relating to contractual disputes, intellectual property rights, employment matters, regulatory compliance matters, and other litigation matters relating to various claims that arise in the normal course of business. Defending such proceedings is costly and can impose a significant burden on management and employees, the Company may receive unfavorable preliminary or interim rulings in the course of litigation, and there can be no assurances that favorable final outcomes will be obtained. The Company determines whether an estimated loss from a contingency should be accrued by assessing whether a loss is deemed probable and can be reasonably estimated. The Company assesses its potential liability by analyzing specific litigation and regulatory matters using reasonably available information. The Company develops its views on estimated losses in consultation with inside and outside counsel, which involves a subjective analysis of potential results and outcomes, assuming various combinations of appropriate litigation and settlement strategies. Legal fees are expensed in the period in which they are incurred. As of April 30, 2021, the Company did not have any accrued liabilities recorded for loss contingencies in its consolidated financial statements . Oregon Tax Litigation On August 30, 2016, the Oregon Department of Revenue (the “DOR”) issued tax assessments against the Company for the Oregon Emergency Communications Tax (the “Tax”), which the DOR alleges Ooma should have collected from its subscribers in Oregon and remitted to the DOR during the period between January 1, 2013 and March 31, 2016 (collectively, the “Assessments”). The Company believes that the Commerce Clause of the United States Constitution bars the application of the Tax and the Assessments to the Company, since the Company has no employees, property or other indicia of a “substantial nexus” with the State of Oregon. On March 2, 2020, Oregon Tax Court issued a decision upholding the Assessments. On April 1, 2020, the Company filed a Notice of Appeal with the Supreme Court of the State of Oregon. On May 6, 2021, the Supreme Court of the State of Oregon heard oral argument with respect to Ooma’s appeal. It is not certain when a decision will be forthcoming. Litigation is unpredictable and there can be no assurances that the Company will obtain a favorable final outcome or that it will be able to avoid further unfavorable interim rulings in the course of litigation that may significantly add to the expense of its defense and could result in substantial costs and diversion of resources. As of April 30, 2021 and January 31, 2021, the Company has recorded and paid cumulative charges of $0.6 million as its best estimate of probable loss related to the Assessments. Chiu Litigation On February 3, 2021, plaintiff Fiona Chiu filed a class action complaint against the Company and Ooma Canada Inc. in the Federal Court of Canada, alleging violations of Canada’s Trademarks Act and Competition Act. The complaint seeks monetary and other damages and/or injunctive relief enjoining the Company to cease describing and marketing its Basic Home Phone using the word “free” or otherwise representing that it is free. The Company intends to defend itself vigorously against this complaint. Based on the Company’s current knowledge, the Company has determined that the amount of any reasonably possible loss resulting from the Chiu Litigation is not estimable. Indemnification The Company enters into standard indemnification arrangements in the ordinary course of business. Pursuant to these arrangements, the Company indemnifies, holds harmless and agrees to reimburse the indemnified parties for losses suffered or incurred by the indemnified party, in connection with any trade secret, copyright, patent or other intellectual property infringement claim by any third party with respect to the Company’s technology. The term of these indemnification agreements is generally perpetual. The maximum potential amount of future payments the Company could be required to make under these agreements is not determinable because it involves claims that may be made against the Company in the future but have not yet been made. The Company has entered into indemnification agreements with its directors and officers that may require the Company to indemnify its directors and officers against liabilities that may arise by reason of their status or service as directors or officers, other than liabilities arising from willful misconduct of the individual. The maximum potential amount of future payments the Company could be required to make under these indemnification agreements is unlimited; however, the Company has director and officer insurance coverage that reduces the Company’s exposure and enables the Company to recover a portion of any future amounts paid. To date the Company has not incurred costs to defend lawsuits or settle claims related to these indemnification agreements. No liability associated with such indemnifications has been recorded to date.

Overview (Policies)

Overview (Policies)	3 Months Ended
	Apr. 30, 2021
Accounting Policies [Abstract]
Fiscal Year	Fiscal Year. The Company’s fiscal year ends on January 31. References to fiscal 2022 and fiscal 2021 refer to the fiscal year ending January 31, 2022 and the fiscal year ended January 31, 2021, respectively.
Basis of Presentation	Basis of Presentation. The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) and applicable rules and regulations of the Securities and Exchange Commission (“SEC”) regarding interim financial reporting. Certain information and note disclosures normally included in the financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules and regulations. The condensed consolidated balance sheet as of January 31, 2021 included herein was derived from the audited financial statements as of that date, but does not include all the disclosures required by GAAP. Therefore, the information included in this Quarterly Report on Form 10-Q should be read in conjunction with the audited consolidated financial statements and related notes included in the Company’s Annual Report on Form 10-K for the year ended January 31, 2021 filed with the SEC on April 7, 2021 (“Annual Report”). The accompanying condensed consolidated financial statements reflect all normal recurring adjustments that management believes are necessary for a fair presentation of the interim periods presented. The results for the three months ended April 30, 2021 are not necessarily indicative of the results to be expected for any subsequent quarter or for the fiscal year ending January 31, 2022.
Principles of Consolidation	Principles of Consolidation. The condensed consolidated financial statements include the accounts of Ooma, Inc. and its wholly-owned subsidiaries. All intercompany transactions and balances have been eliminated in consolidation.
Use of Estimates	Use of Estimates. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the Company’s condensed consolidated financial statements and notes thereto. Significant estimates include, but are not limited to, those related to revenue recognition, inventory valuation, deferred commissions, valuation of goodwill and intangible assets, operating lease assets and liabilities, regulatory fees and indirect tax accruals, loss contingencies, stock-based compensation, income taxes (including valuation allowances) and fair value measurements. The Company bases its estimates and assumptions on historical experience, where applicable, and other factors that it believes to be reasonable under the circumstances. These estimates are based on information available as of the date of the condensed consolidated financial statements, and assumptions are inherently subjective in nature. Therefore, actual results could differ materially from those estimates, including uncertainty in the current economic environment due to COVID-19.
Significant Accounting Policies	Significant Accounting Policies. There have been no material changes to the Company’s significant accounting policies from those disclosed in the Annual Report.
Comprehensive Loss	Comprehensive Loss. For all periods presented, comprehensive loss approximated net loss in the condensed consolidated statements of operations and differences were not material. Therefore, the condensed consolidated statements of comprehensive loss have been omitted.
Adopted Accounting Standards	Adopted Accounting Standards Income Taxes. On February 1, 2021, the Company adopted Accounting Standards Update (“ASU”) 2019-12, Income Taxes (Topic 740) : Simplifying the Accounting for Income Taxes , which simplified certain aspects of the accounting for income taxes as well as clarified and amended existing guidance to improve consistent application. Adoption did not have a material impact on the Company’s consolidated financial statements and related disclosures.

Revenue and Deferred Revenue (T

Revenue and Deferred Revenue (Tables)	3 Months Ended
	Apr. 30, 2021
Revenue From Contract With Customer [Abstract]
Summary of Revenue Disaggregated by Revenue Source	Revenue disaggregated by revenue source consisted of the following (in thousands): Three Months Ended April 30, 2021 April 30, 2020 Subscription and services revenue $ 41,965 $ 37,616 Product and other revenue 3,607 2,690 Total revenue $ 45,572 $ 40,306
Components of Deferred Revenue	Deferred revenue consisted of the following (in thousands): As of April 30, 2021 January 31, 2021 Subscription and services $ 15,946 $ 16,433 Product and other 229 68 Total deferred revenue $ 16,175 16,501 Less: current deferred revenue 16,081 16,426 Non-current deferred revenue included in other long-term liabilities $ 94 $ 75

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Apr. 30, 2021
Fair Value Disclosures [Abstract]
Schedule of Financial Assets at Fair Value	Financial assets measured at fair value on a recurring basis by level were as follows (in thousands): Balance as of April 30, 2021 Level 1 Level 2 Total Cash and cash equivalents: Money market funds $ 3,524 $ — $ 3,524 Commercial paper 250 250 Total cash equivalents $ 3,524 $ 250 $ 3,774 Cash 15,124 Total cash and cash equivalents $ 18,898 Short-term investments: U.S. treasury securities $ 5,813 $ — $ 5,813 Commercial paper — 4,003 4,003 Corporate debt securities — 326 326 Total short-term investments $ 5,813 $ 4,329 $ 10,142 Balance as of January 31, 2021 Level 1 Level 2 Total Cash and cash equivalents: Money market funds $ 1,657 $ — $ 1,657 U.S. agency securities — 1,000 1,000 U.S. treasury securities 250 — 250 Total cash equivalents $ 1,907 $ 1,000 $ 2,907 Cash 14,391 Total cash and cash equivalents $ 17,298 Short-term investments: U.S. treasury securities $ 9,782 $ — $ 9,782 Corporate debt securities — 929 929 Asset-backed securities — 302 302 Total short-term investments $ 9,782 $ 1,231 $ 11,013

Balance Sheet Components (Table

Balance Sheet Components (Tables)	3 Months Ended
	Apr. 30, 2021
Balance Sheet Components [Abstract]
Components of Inventories	The following sections and tables provide details of selected balance sheet items (in thousands): Inventories As of April 30, 2021 January 31, 2021 Finished goods $ 11,300 $ 11,057 Raw materials 2,178 1,176 Total inventory $ 13,478 $ 12,233
Components of Acquired Intangible Assets	Acquired intangible assets As of April 30, 2021 January 31, 2021 Customer relationships $ 4,574 $ 4,827 Developed technology 372 424 Trade names 240 262 Total intangible assets $ 5,186 $ 5,513
Components of Other Current and Non-current Assets	Other current and non-current assets As of April 30, 2021 January 31, 2021 Deferred sales commissions, current $ 5,109 $ 4,689 Prepaid expenses 3,012 3,152 Convertible note receivable, including accrued interest 1,645 1,605 Deferred inventory costs 342 381 Other current assets 450 395 Total other current assets $ 10,558 $ 10,222 Deferred sales commissions, non-current $ 12,127 $ 11,474 Other non-current assets 678 736 Total other non-current assets $ 12,805 $ 12,210
Components of Accrued Expenses and Other Current Liabilities	Accrued expenses and other current liabilities As of April 30, 2021 January 31, 2021 Payroll and related expenses $ 5,648 $ 11,062 Regulatory fees and taxes 4,051 4,141 Short-term operating lease liabilities 3,309 3,831 Customer related liabilities 1,815 1,262 Other 4,036 2,435 Total accrued expenses $ 18,859 $ 22,731

Operating Leases (Tables)

Operating Leases (Tables)	3 Months Ended
	Apr. 30, 2021
Leases [Abstract]
Summary of Supplemental Balance Sheet Information Related to Leases	Supplemental balance sheet information related to leases was as follows (in thousands): As of April 30, 2021 January 31, 2021 Assets Operating lease right-of-use assets $ 5,541 $ 6,045 Total leased assets $ 5,541 $ 6,045 Liabilities Short-term operating lease liabilities $ 3,309 $ 3,831 Long-term operating lease liabilities 2,743 2,815 Total lease liabilities $ 6,052 $ 6,646
Summary of Supplemental Cash Flow Information Related to Leases	Supplemental cash flow information related to leases was as follows (in thousands): Three Months Ended April 30, 2021 April 30, 2020 Cash payments for operating leases $ 980 $ 431 Right-of-use assets recognized in exchange for new operating lease obligations $ 313 $ 303
Summary of Maturities of Lease Liabilities Under Non-cancelable Operating Leases	As of April 30, 2021, maturities of lease liabilities under non-cancelable operating leases were as follows (in thousands): Fiscal Years Ending January 31, April 30, 2021 2022 $ 2,938 2023 1,627 2024 1,522 2025 256 Total lease payments 6,343 Less: imputed interest (291 ) Present value of lease liabilities $ 6,052

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	3 Months Ended
	Apr. 30, 2021
Equity [Abstract]
Summarizes of Stock Option Activities	Stock Options. Stock option activity for the three months ended April 30, 2021 was as follows: Weighted Average Aggregate Shares Exercise Price Intrinsic Value (in thousands) Per Share (in thousands) Balance as of January 31, 2021 1,366 $ 7.95 $ 7,803 Granted 120 $ 16.28 Exercised (32 ) $ 2.31 Canceled (2 ) $ 10.52 Balance as of April 30, 2021 1,452 $ 8.75 $ 11,303 Vested and exercisable as of April 30, 2021 1,173 $ 7.54 $ 10,550
Summarizes of Restricted Stock Units Activities	RSU activity for the three months ended April 30, 2021 was as follows: Shares (in thousands) Weighted Average Grant-Date Fair Value Per Share Balance as of January 31, 2021 1,441 $ 12.54 Granted 757 $ 16.28 Vested (196 ) $ 12.08 Canceled (34 ) $ 11.66 Balance as of April 30, 2021 1,968 $ 14.04

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	3 Months Ended
	Apr. 30, 2021
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Total Stock-Based Compensation Recognized for Stock-Based Awards in Condensed Consolidated Statements of Operations	Total stock-based compensation recognized for stock-based awards in the condensed consolidated statements of operations was as follows (in thousands): Three Months Ended April 30, 2021 April 30, 2020 Cost of revenue $ 270 $ 254 Sales and marketing 483 481 Research and development 1,066 1,051 General and administrative 1,375 1,222 Total stock-based compensation expense $ 3,194 $ 3,008

Basic and Diluted Net Loss Pe_2

Basic and Diluted Net Loss Per Share (Tables)	3 Months Ended
	Apr. 30, 2021
Earnings Per Share [Abstract]
Computation of Basic and Diluted Net Loss Per Share of Common Stock	The following table sets forth the computation of the Company’s basic and diluted net loss per share of common stock (in thousands, except share and per share data): Three Months Ended April 30, 2021 April 30, 2020 Numerator Net loss $ (887 ) $ (1,066 ) Denominator Weighted-average common shares 23,053,512 21,897,694 Basic and diluted net loss per share $ (0.04 ) $ (0.05 )

Revenue and Deferred Revenue -

Revenue and Deferred Revenue - Additional Information (Details) $ in Millions	3 Months Ended		12 Months Ended
	Apr. 30, 2021USD ($)SourceCountryCustomer	Apr. 30, 2020CountryCustomer	Jan. 31, 2021
Disaggregation Of Revenue [Line Items]
Number of sources of revenue | Source	2
Number of countries outside United States represented 10% or more of total revenue | Country	0	0
Number of customers that individually exceeded 10% of revenue | Customer	0	0
Deferred revenue recognized | $	$ 9.7
Accounts Receivable | Customer Concentration Risk
Disaggregation Of Revenue [Line Items]
Concentration risk, percentage	14.00%
Accounts Receivable | Customer Concentration Risk | Minimum
Disaggregation Of Revenue [Line Items]
Concentration risk, percentage			10.00%
Ooma Residential | Revenue
Disaggregation Of Revenue [Line Items]
Concentration risk, percentage	51.00%	55.00%
Ooma Business | Revenue
Disaggregation Of Revenue [Line Items]
Concentration risk, percentage	47.00%	43.00%

Revenue and Deferred Revenue _2

Revenue and Deferred Revenue - Summary of Revenue Disaggregated by Revenue Source (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2021	Apr. 30, 2020
Disaggregation Of Revenue [Line Items]
Total revenue	$ 45,572	$ 40,306
Subscription and services revenue
Disaggregation Of Revenue [Line Items]
Total revenue	41,965	37,616
Product and other revenue
Disaggregation Of Revenue [Line Items]
Total revenue	$ 3,607	$ 2,690

Revenue and Deferred Revenue _3

Revenue and Deferred Revenue - Components of Deferred Revenue (Details) - USD ($) $ in Thousands	Apr. 30, 2021	Jan. 31, 2021
Deferred Revenue Arrangement [Line Items]
Deferred revenue	$ 16,175	$ 16,501
Less: current deferred revenue	16,081	16,426
Non-current deferred revenue included in other long-term liabilities	94	75
Subscription and Services
Deferred Revenue Arrangement [Line Items]
Deferred revenue	15,946	16,433
Product and Other
Deferred Revenue Arrangement [Line Items]
Deferred revenue	$ 229	$ 68

Revenue and Deferred Revenue _4

Revenue and Deferred Revenue - Additional Information (Details 1) - Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2021-05-01 $ in Millions	Apr. 30, 2021USD ($)
Disaggregation Of Revenue [Line Items]
Revenue expected to be recognized from remaining performance obligations	$ 8.8
Revenue expected to be recognized from remaining performance obligations, percentage	52.00%
Revenue expected to be recognized from remaining performance obligations, period	12 months

Fair Value Measurements - Sched

Fair Value Measurements - Schedule of Financial Assets at Fair Value (Details) - USD ($) $ in Thousands	Apr. 30, 2021	Jan. 31, 2021
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total cash and cash equivalents	$ 18,898	$ 17,298
Total short-term investments	10,142	11,013
U.S. Treasury Securities
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total short-term investments	5,813	9,782
Commercial Paper
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total short-term investments	4,003
Corporate Debt Securities
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total short-term investments	326	929
Asset-Backed Securities
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total short-term investments		302
Level 1
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total short-term investments	5,813	9,782
Level 1 | U.S. Treasury Securities
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total short-term investments	5,813	9,782
Level 2
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total short-term investments	4,329	1,231
Level 2 | Commercial Paper
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total short-term investments	4,003
Level 2 | Corporate Debt Securities
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total short-term investments	326	929
Level 2 | Asset-Backed Securities
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total short-term investments		302
Cash
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total cash and cash equivalents	15,124	14,391
Cash Equivalents
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total cash and cash equivalents	3,774	2,907
Cash Equivalents | Money Market Funds
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total cash and cash equivalents	3,524	1,657
Cash Equivalents | Commercial Paper
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total cash and cash equivalents	250
Cash Equivalents | U.S. Treasury Securities
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total cash and cash equivalents		250
Cash Equivalents | U.S. Agency Securities
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total cash and cash equivalents		1,000
Cash Equivalents | Level 1
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total cash and cash equivalents	3,524	1,907
Cash Equivalents | Level 1 | Money Market Funds
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total cash and cash equivalents	3,524	1,657
Cash Equivalents | Level 1 | U.S. Treasury Securities
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total cash and cash equivalents		250
Cash Equivalents | Level 2
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total cash and cash equivalents	250	1,000
Cash Equivalents | Level 2 | Commercial Paper
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total cash and cash equivalents	$ 250
Cash Equivalents | Level 2 | U.S. Agency Securities
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total cash and cash equivalents		$ 1,000

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Details)	3 Months Ended
	Apr. 30, 2021USD ($)
Fair Value Disclosures [Line Items]
Fair value material level asset and liability	$ 0
Maximum
Fair Value Disclosures [Line Items]
Contractual maturities of short-term investments	1 year

Balance Sheet Components - Comp

Balance Sheet Components - Components of Inventories (Details) - USD ($) $ in Thousands	Apr. 30, 2021	Jan. 31, 2021
Inventory Disclosure [Abstract]
Finished goods	$ 11,300	$ 11,057
Raw materials	2,178	1,176
Total inventory	$ 13,478	$ 12,233

Balance Sheet Components - Co_2

Balance Sheet Components - Components of Acquired Intangible Assets (Details) - USD ($) $ in Thousands	Apr. 30, 2021	Jan. 31, 2021
Finite Lived Intangible Assets [Line Items]
Total intangible assets	$ 5,186	$ 5,513
Customer relationships
Finite Lived Intangible Assets [Line Items]
Total intangible assets	4,574	4,827
Developed technology
Finite Lived Intangible Assets [Line Items]
Total intangible assets	372	424
Trade names
Finite Lived Intangible Assets [Line Items]
Total intangible assets	$ 240	$ 262

Balance Sheet Components - Addi

Balance Sheet Components - Additional Information (Details) - USD ($)	3 Months Ended
	Apr. 30, 2021	Apr. 30, 2020	Jan. 31, 2021	Dec. 31, 2018
Balance Sheet Components [Line Items]
Amortization expense	$ 326,000	$ 326,000
Amortization expense for deferred sales commissions	1,300,000	$ 800,000
Impairment loss in relation to deferred commission costs capitalized	0
Non-cancelable purchase commitments	9,100,000		$ 5,400,000
Global Telecom Corporation
Balance Sheet Components [Line Items]
Non-cancelable purchase commitments	$ 1,100,000		$ 0
Global Telecom Corporation | Convertible Promissory Note
Balance Sheet Components [Line Items]
Investment in privately-held company				$ 1,300,000

Balance Sheet Components - Co_3

Balance Sheet Components - Components of Other Current and Non-current Assets (Details) - USD ($) $ in Thousands	Apr. 30, 2021	Jan. 31, 2021
Other Assets [Abstract]
Deferred sales commissions, current	$ 5,109	$ 4,689
Prepaid expenses	3,012	3,152
Convertible note receivable, including accrued interest	1,645	1,605
Deferred inventory costs	342	381
Other current assets	450	395
Total other current assets	10,558	10,222
Deferred sales commissions, non-current	12,127	11,474
Other non-current assets	678	736
Total other non-current assets	$ 12,805	$ 12,210

Balance Sheet Components - Co_4

Balance Sheet Components - Components of Accrued Expenses and Other Current Liabilities (Details) - USD ($) $ in Thousands	Apr. 30, 2021	Jan. 31, 2021
Payables And Accruals [Abstract]
Payroll and related expenses	$ 5,648	$ 11,062
Regulatory fees and taxes	4,051	4,141
Short-term operating lease liabilities	$ 3,309	$ 3,831
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List]	ooma:AccruedExpensesAndOtherCurrentLiabilitiesMember	ooma:AccruedExpensesAndOtherCurrentLiabilitiesMember
Customer related liabilities	$ 1,815	$ 1,262
Other	4,036	2,435
Total accrued expenses	$ 18,859	$ 22,731

Operating Leases - Additional I

Operating Leases - Additional Information (Details) - USD ($) $ in Millions	Apr. 06, 2021	Apr. 30, 2021	Apr. 30, 2020	Mar. 15, 2029
Lessee Lease Description [Line Items]
Operating lease, description		The Company leases its headquarters located in Sunnyvale, California, as well as office and data center space in various locations under non-cancelable operating lease agreements.
Lease costs		$ 1.2	$ 1.2
Sublease, option to extend	true
Description of sublease extension		Company entered into a sublease extension for its corporate headquarters in Sunnyvale, California, to extend the term of the existing sublease from an end date of January 31, 2022 to March 15, 2029.
Scenario Forecast
Lessee Lease Description [Line Items]
Undiscounted rental payment on sublease extension				$ 11.1

Operating Leases - Summary of S

Operating Leases - Summary of Supplemental Balance Sheet Information Related to Leases (Details) - USD ($) $ in Thousands	Apr. 30, 2021	Jan. 31, 2021
Assets
Operating lease right-of-use assets	$ 5,541	$ 6,045
Total leased assets	5,541	6,045
Liabilities
Short-term operating lease liabilities	3,309	3,831
Long-term operating lease liabilities	2,743	2,815
Total lease liabilities	$ 6,052	$ 6,646

Operating Leases - Summary of_2

Operating Leases - Summary of Supplemental Cash Flow Information Related to Leases (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2021	Apr. 30, 2020
Leases [Abstract]
Cash payments for operating leases	$ 980	$ 431
Right-of-use assets recognized in exchange for new operating lease obligations	$ 313	$ 303

Operating Leases - Summary of M

Operating Leases - Summary of Maturities of Lease Liabilities Under Non-cancelable Operating Leases (Details) - USD ($) $ in Thousands	Apr. 30, 2021	Jan. 31, 2021
Operating Lease Liabilities Payments Due [Abstract]
2022	$ 2,938
2023	1,627
2024	1,522
2025	256
Total lease payments	6,343
Less: imputed interest	(291)
Present value of lease liabilities	$ 6,052	$ 6,646

Stockholders' Equity - Summariz

Stockholders' Equity - Summarizes of Stock Option Activities (Details) $ / shares in Units, $ in Thousands	3 Months Ended
	Apr. 30, 2021USD ($)$ / sharesshares
Number of Shares
Shares, Beginning balance | shares	1,366,000
Shares, Granted | shares	120,000
Shares, Exercised | shares	(32,000)
Shares, Canceled | shares	(2,000)
Shares, Ending balance | shares	1,452,000
Shares, Vested and exercisable | shares	1,173,000
Weighted Average Exercise Price Per Share
Weighted Average Exercise Price Per Share, Beginning balance | $ / shares	$ 7.95
Weighted Average Exercise Price Per Share, Granted | $ / shares	16.28
Weighted Average Exercise Price Per Share, Exercised | $ / shares	2.31
Weighted Average Exercise Price Per Share, Canceled | $ / shares	10.52
Weighted Average Exercise Price Per Share, Ending balance | $ / shares	8.75
Weighted Average Exercise Price Per Share, Vested and exercisable | $ / shares	$ 7.54
Aggregate Intrinsic Value
Aggregate Intrinsic Value, Beginning balance | $	$ 7,803
Aggregate Intrinsic Value, Ending balance | $	11,303
Aggregate Intrinsic Value, Vested and exercisable | $	$ 10,550

Stockholders' Equity - Addition

Stockholders' Equity - Additional Information (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended
	Apr. 30, 2021	Apr. 30, 2020
ESPP
Stockholders Equity Note Disclosure [Line Items]
Number of shares of common stock issued under ESPP	0.1	0.1
Weighted purchase price of shares of common stock under ESPP	$ 10.07	$ 9.98
Stock Options
Stockholders Equity Note Disclosure [Line Items]
Aggregate intrinsic value of vested options exercised	$ 0.4	$ 0.4
Weighted-average grant date fair value of options granted	$ 7.89	$ 4.68

Stockholders' Equity - Summar_2

Stockholders' Equity - Summarizes of Restricted Stock Units Activities (Details) - Restricted Stock Units (RSUs)	3 Months Ended
	Apr. 30, 2021$ / sharesshares
Number of Shares
Shares, RSUs Beginning Balance | shares	1,441,000
Shares, Granted | shares	757,000
Shares, Vested | shares	(196,000)
Shares, Canceled | shares	(34,000)
Shares, RSUs Ending Balance | shares	1,968,000
Weighted Average Grant-Date Fair Value Per Share
Weighted Average Grant-Date Fair Value Per Share, Beginning Balance | $ / shares	$ 12.54
Weighted Average Grant-Date Fair Value Per Share, Granted | $ / shares	16.28
Weighted Average Grant-Date Fair Value Per Share, Vested | $ / shares	12.08
Weighted Average Grant-Date Fair Value Per Share, Canceled | $ / shares	11.66
Weighted Average Grant-Date Fair Value Per Share, Ending Balance | $ / shares	$ 14.04

Stock-Based Compensation - Tota

Stock-Based Compensation - Total Stock-Based Compensation Recognized for Stock-Based Awards in Condensed Consolidated Statements of Operations (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2021	Apr. 30, 2020
Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]
Stock-based compensation	$ 3,194	$ 3,008
Cost of revenue
Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]
Stock-based compensation	270	254
Sales and marketing
Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]
Stock-based compensation	483	481
Research and development
Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]
Stock-based compensation	1,066	1,051
General and administrative
Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]
Stock-based compensation	$ 1,375	$ 1,222

Stock-Based Compensation - Addi

Stock-Based Compensation - Additional Information (Details) $ in Millions	3 Months Ended
	Apr. 30, 2021USD ($)
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Unrecognized compensation expense related to unvested share-based awards	$ 28.1
Stock Options
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Compensation expenses expected to be recognized offering period	3 years
Restricted Stock Units (RSUs)
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Compensation expenses expected to be recognized offering period	3 years
Stock Purchase Rights under ESPP
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Compensation expenses expected to be recognized offering period	3 years

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details) - USD ($)	3 Months Ended
	Apr. 30, 2021	Apr. 30, 2020
Income Tax Disclosure [Abstract]
Income tax expense (benefit)	$ 0	$ 0
Unrecognized tax benefits	6,900,000
Interest expense or penalties related to unrecognized tax benefits	$ 0

Basic and Diluted Net Loss Pe_3

Basic and Diluted Net Loss Per Share - Computation of Basic and Diluted Net Loss Per Share of Common Stock (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Apr. 30, 2021	Apr. 30, 2020
Numerator
Net loss	$ (887)	$ (1,066)
Denominator
Weighted-average common shares	23,053,512	21,897,694
Basic and diluted net loss per share	$ (0.04)	$ (0.05)

Basic and Diluted Net Loss Pe_4

Basic and Diluted Net Loss Per Share - Additional Information (Details) - shares shares in Millions	3 Months Ended
	Apr. 30, 2021	Apr. 30, 2020
Earnings Per Share [Abstract]
Potentially dilutive securities excluded from the computation of diluted net loss per share	3.8	3.8

Financing Arrangements - Additi

Financing Arrangements - Additional Information (Details) - Revolving Credit Facility - Credit Agreement - USD ($)	Jan. 08, 2021	Apr. 30, 2021	Apr. 30, 2021
Line Of Credit Facility [Line Items]
Credit agreement initiation date	Jan. 8, 2021
Maximum borrowing capacity	$ 45,000,000
Borrowing capacity description		On January 8, 2021, the Company, as borrower, entered into a credit and security agreement (“Credit Agreement”) with KeyBank National Association as Administrative Agent (“Agent”) and lender, and KeyBanc Capital Markets Inc. as sole lead arranger and sole book runner. The Credit Agreement provides for a secured revolving credit facility (“Credit Facility”) under which the Company may borrow up to an aggregate amount of $25 million, which includes a $10 million sub-facility for letters of credit. The Company and its lenders may increase the total commitments under the Credit Facility to up to an aggregate amount of $45 million, subject to certain conditions. Funds borrowed under the Credit Agreement may be used for working capital and other general corporate purposes
Credit agreement, Interest rate description		Loans under the Credit Agreement will bear interest, at the Company’s option, at either a rate equal to the “Base Rate” (as defined in the Credit Agreement) or (b) “Eurodollar Rate” (as defined in the Credit Agreement) plus 2.50%.  The Base Rate is the highest of (i) the Agent’s prime rate, (ii) the federal funds effective rate plus 0.5%, and (iii) the Eurodollar Rate with an interest period of one month plus 1%. The Eurodollar Rate is the London Interbank Offered Rate with various interest periods as may be selected by the Company but shall not be less than 0.75%.  Upon the occurrence of any event of default, the interest rate on any borrowings increases by 2.0%. The Credit Agreement also contains customary provisions for the replacement of the London Interbank Offered Rate/Eurodollar Rate.  The Company is required to pay a commitment fee on the unused portion of the Credit Facility of 0.25% per annum.
Percentage of commitment fees on revolving credit facility	0.25%
Credit agreement expiration date	Jan. 7, 2024
Credit agreement expiration description		The Credit Agreement will terminate and all amounts owing thereunder will be due and payable on the earlier of January 7, 2024 or 90 days prior to the scheduled maturity of any convertible debt securities, unless the commitments are terminated earlier, either at the request of the Company or, if an event of default occurs, by the lenders (or automatically in the case of certain bankruptcy-related events)
Borrowing remaining capacity		$ 25,000,000	$ 25,000,000
Borrowing capacity, Outstanding amount			$ 0
Maximum
Line Of Credit Facility [Line Items]
Borrowing capacity	$ 25,000,000
Maximum | Eurodollar Rate
Line Of Credit Facility [Line Items]
Credit agreement, Variable rate	2.00%
Minimum | Eurodollar Rate
Line Of Credit Facility [Line Items]
Credit agreement, Variable rate	0.75%
Letters of Credit
Line Of Credit Facility [Line Items]
Borrowing capacity	$ 10,000,000

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Details) - USD ($)	3 Months Ended	12 Months Ended
	Apr. 30, 2021	Jan. 31, 2021
Commitments And Contingencies Disclosure [Abstract]
Non-cancelable purchase commitments	$ 9,100,000	$ 5,400,000
Accrued liabilities for loss contingencies	0
Cumulative charges of litigation loss	$ 600,000	$ 600,000