Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows

v3.22.2.2
Condensed Consolidated Statements of Cash Flows - USD ($)
 6 Months Ended
Jul. 31, 2022
Jul. 31, 2021
Cash flows from operating activities:    
Net loss $ (9,447,000) $ (3,841,000)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization expense 133,000 732,000
Loss on disposal of fixed assets   77,000
Gain on write-off of operating lease right-of-use assets and liabilities related to termination   (328,000)
Gain on extinguishment of debt   (2,440,000)
Change in allowance for doubtful accounts 256,000 (135,000)
Stock-based compensation expense 534,000 1,041,000
Realized and unrealized foreign currency transaction loss 402,000 201,000
Loss on impairment of goodwill 5,843,000 0
Other   1,000
Changes in operating assets and liabilities:    
Accounts receivable 1,893,000 579,000
Unbilled receivables, net (1,635,000) 1,208,000
Prepaid expenses and other current assets and other assets (50,000) 354,000
Accounts payable (868,000) (527,000)
Accrued expenses and other liabilities 119,000 (170,000)
Deferred revenue 218,000 (1,085,000)
Net cash used in operating activities (2,602,000) (4,333,000)
Cash flows from investing activities:    
Purchases of property and equipment (20,000) (77,000)
Proceeds from sales and maturities of marketable securities   252,000
Net cash (used in) provided by investing activities (20,000) 175,000
Cash flows from financing activities:    
Proceeds from stock option exercises   137,000
Proceeds from issuance of common stock, net of issuance costs   17,462,000
Proceeds from short swing profit settlement 7,000  
Net cash provided by financing activities 7,000 17,599,000
Effect of exchange rate on cash, cash equivalents and restricted cash (615,000) (242,000)
Net (decrease) increase in cash, cash equivalents and restricted cash (3,230,000) 13,199,000
Cash, cash equivalents and restricted cash at beginning of period 17,856,000 6,084,000
Cash, cash equivalents and restricted cash at end of period 14,626,000 19,283,000
Supplemental disclosure of cash flow information    
Income tax payments $ 160,000 $ 109,000