Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations and Comprehensive Loss

v3.22.2.2
Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
shares in Thousands
 3 Months Ended 9 Months Ended
Oct. 31, 2022
Oct. 31, 2021
Oct. 31, 2022
Oct. 31, 2021
Revenue:        
Total revenue $ 8,288,000 $ 7,151,000 $ 22,335,000 $ 18,743,000
Cost of revenue:        
Total cost of revenue 3,133,000 3,439,000 9,201,000 8,083,000
Gross profit 5,155,000 3,712,000 13,134,000 10,660,000
Operating expenses:        
Research and development 2,012,000 2,090,000 5,675,000 6,971,000
Selling and marketing 1,086,000 1,449,000 3,002,000 4,472,000
General and administrative 2,085,000 2,110,000 6,479,000 6,897,000
Severance and restructuring costs 379,000 75,000 572,000 646,000
Transaction costs 5,000   1,203,000  
Loss on impairment of goodwill 3,255,000 0 9,098,000 0
Total operating expenses 8,822,000 5,724,000 26,029,000 18,986,000
Loss from operations (3,667,000) (2,012,000) (12,895,000) (8,326,000)
Other expense, net (20,000) (67,000) (243,000) (83,000)
Gain on extinguishment of debt       2,440,000
Loss before income taxes (3,687,000) (2,079,000) (13,138,000) (5,969,000)
Income tax (benefit) provision 3,000 (26,000) 7,000 23,000
Net loss $ (3,684,000) $ (2,105,000) $ (13,131,000) $ (5,946,000)
Net loss per share, basic $ (0.07) $ (0.04) $ (0.26) $ (0.13)
Net loss per share, diluted $ (0.07) $ (0.04) $ (0.26) $ (0.13)
Weighted average common shares outstanding, basic 50,291 49,040 49,599 46,334
Weighted average common shares outstanding, diluted 50,291 49,040 49,599 46,334
Comprehensive loss:        
Net loss $ (3,684,000) $ (2,105,000) $ (13,131,000) $ (5,946,000)
Other comprehensive loss, net of tax:        
Foreign currency translation adjustments (290,000) (291,000) (1,341,000) (649,000)
Unrealized gains on marketable securities       1,000
Total other comprehensive loss (290,000) (291,000) (1,341,000) (648,000)
Comprehensive loss (3,974,000) (2,396,000) (14,472,000) (6,594,000)
Product [Member]        
Revenue:        
Total revenue 2,183,000 3,511,000 7,995,000 7,840,000
Cost of revenue:        
Cost of revenue 1,622,000 1,609,000 4,114,000 2,708,000
Service [Member]        
Revenue:        
Total revenue 6,105,000 3,640,000 14,340,000 10,903,000
Cost of revenue:        
Cost of revenue $ 1,511,000 $ 1,830,000 $ 5,087,000 $ 5,375,000