Quarterly report pursuant to Section 13 or 15(d)

Inventories

v2.4.0.6
Inventories
9 Months Ended
Oct. 31, 2012
Inventory Disclosure [Abstract]  
Inventory Disclosure [Text Block]

4. Inventories


Inventory consists primarily of hardware and related component parts and is stated at the lower of cost (on a first-in, first-out basis) or market. Inventories consist of the following:  

 

    October 31,
2012
    January 31,
2012
 
    (amounts in thousands)  
             
Components and assemblies   $ 3,644     $ 6,402  
Finished products     3,962       3,816  
Total inventory   $ 7,606     $ 10,218  

 

In the first nine months of fiscal 2013, we incurred a $1.8 million inventory write-down due to lower foreseeable demand for some of our legacy product lines, in particular, hardware components related to certain discontinued video-on-demand (“VOD”) server product lines, as we focus on selling the new products being developed. We will continue to review our inventory levels and there may be future inventory write-downs.