Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows

v3.21.2
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jul. 31, 2021
Jul. 31, 2020
Cash flows from operating activities:    
Net loss $ (3,841) $ (12,276)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization expense 732 725
Loss on disposal of fixed assets 77  
Gain on write-off of operating lease right-of-use assets and liabilities related to termination (328)  
Gain on extinguishment of debt (2,440)  
Change in allowance for doubtful accounts (135) (216)
Stock-based compensation expense 1,041 617
Deferred income taxes   186
Realized and unrealized foreign currency transaction loss 201 1,641
Other 1 (3)
Changes in operating assets and liabilities:    
Accounts receivable 579 6,332
Unbilled receivables 1,208 2,345
Prepaid expenses and other current assets and other assets 354 291
Accounts payable (527) (1,290)
Accrued expenses and other liabilities (170) (2,814)
Deferred revenue (1,085) (1,084)
Net cash used in operating activities (4,333) (5,546)
Cash flows from investing activities:    
Purchases of property and equipment (77) (202)
Proceeds from sales and maturities of marketable securities 252 2,476
Net cash provided by investing activities 175 2,274
Cash flows from financing activities:    
Proceeds from stock option exercises 137 119
Proceeds from employee stock purchase plan   18
Proceeds from issuance of common stock, net of issuance costs 17,462  
Repurchases of common stock   (80)
Proceeds from the Paycheck Protection Program   2,413
Net cash provided by financing activities 17,599 2,470
Effect of exchange rate on cash, cash equivalents and restricted cash (242) (840)
Net increase (decrease) in cash, cash equivalents and restricted cash 13,199 (1,642)
Cash, cash equivalents and restricted cash at beginning of period 6,084 9,297
Cash, cash equivalents and restricted cash at end of period 19,283 7,655
Supplemental disclosure of cash flow information    
Income taxes paid $ 109 92
Non-cash activities:    
Right-of-use assets obtained in exchange for lease obligations   $ 987