v3.22.2.2
Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
shares in Thousands
3 Months Ended 6 Months Ended
Jul. 31, 2022
Jul. 31, 2021
Jul. 31, 2022
Jul. 31, 2021
Revenue:        
Total revenue $ 7,324,000 $ 6,540,000 $ 14,047,000 $ 11,592,000
Cost of revenue:        
Total cost of revenue 2,565,000 2,423,000 6,068,000 4,644,000
Gross profit 4,759,000 4,117,000 7,979,000 6,948,000
Operating expenses:        
Research and development 1,956,000 2,213,000 3,663,000 4,881,000
Selling and marketing 934,000 1,643,000 1,916,000 3,023,000
General and administrative 2,108,000 2,682,000 4,394,000 4,787,000
Severance and restructuring costs 28,000 87,000 193,000 571,000
Transaction costs 382,000   1,198,000  
Loss on impairment of goodwill 5,843,000 0 5,843,000 0
Total operating expenses 11,251,000 6,625,000 17,207,000 13,262,000
Loss from operations (6,492,000) (2,508,000) (9,228,000) (6,314,000)
Other income (expense), net 36,000 212,000 (223,000) (16,000)
Gain on extinguishment of debt   2,440,000   2,440,000
(Loss) income before income taxes (6,456,000) 144,000 (9,451,000) (3,890,000)
Income tax benefit 5,000 83,000 4,000 49,000
Net (loss) income $ (6,451,000) $ 227,000 $ (9,447,000) $ (3,841,000)
Net (loss) income per share, basic $ (0.13) $ 0.00 $ (0.19) $ (0.09)
Net (loss) income per share, diluted $ (0.13) $ 0.00 $ (0.19) $ (0.09)
Weighted average common shares outstanding, basic 49,463 48,489 49,341 44,958
Weighted average common shares outstanding, diluted 49,463 48,727 49,341 44,958
Comprehensive loss:        
Net (loss) income $ (6,451,000) $ 227,000 $ (9,447,000) $ (3,841,000)
Other comprehensive loss, net of tax:        
Foreign currency translation adjustment (475,000) (399,000) (1,051,000) (358,000)
Unrealized gains on marketable securities       1,000
Total other comprehensive loss (475,000) (399,000) (1,051,000) (357,000)
Comprehensive loss (6,926,000) (172,000) (10,498,000) (4,198,000)
Product [Member]        
Revenue:        
Total revenue 2,986,000 2,709,000 5,812,000 4,329,000
Cost of revenue:        
Cost of revenue 847,000 693,000 2,492,000 1,099,000
Service [Member]        
Revenue:        
Total revenue 4,338,000 3,831,000 8,235,000 7,263,000
Cost of revenue:        
Cost of revenue $ 1,718,000 $ 1,730,000 $ 3,576,000 $ 3,545,000

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