Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows

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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Apr. 30, 2018
Apr. 30, 2017
Cash flows from operating activities:    
Net loss $ (5,471) $ (5,371)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization of property and equipment 383 620
Amortization of intangible assets 404 598
Stock-based compensation expense 879 877
Deferred income taxes   388
Other (7) 81
Changes in operating assets and liabilities:    
Accounts receivable 10,449 10,869
Unbilled receivables (3,571) (630)
Inventories (80) 154
Prepaid expenses and other assets 224 403
Accounts payable (576) (1,717)
Accrued expenses (6,139) (3,865)
Deferred revenues (2,778) (3,310)
Other operating activities 2,356 (14)
Total cash used in operating activities (3,927) (917)
Cash flows from investing activities:    
Purchases of property and equipment (113) (196)
Purchases of marketable securities (3,830)  
Proceeds from sale and maturity of marketable securities 2,009  
Other investing activities   119
Total cash used in investing activities (1,934) (77)
Cash flows from financing activities:    
Proceeds from issuance of common stock 38 26
Payments of withholding tax on RSU vesting (10) (9)
Total cash provided by financing activities 28 17
Effect of exchange rate changes on cash, cash equivalents and restricted cash 1,028 (584)
Net decrease in cash, cash equivalents and restricted cash (4,805) (1,561)
Cash, cash equivalents and restricted cash, beginning of period 43,661 28,411
Cash, cash equivalents and restricted cash, end of period 38,856 26,850
Supplemental disclosure of cash flow information:    
Income taxes paid $ 182 $ 136