Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations and Comprehensive Loss

v3.23.1
Consolidated Statements of Operations and Comprehensive Loss - USD ($)
shares in Thousands
12 Months Ended
Jan. 31, 2023
Jan. 31, 2022
Revenue:    
Total revenue $ 32,493,000 $ 27,310,000
Cost of revenue:    
Total cost of revenue 11,966,000 10,959,000
Gross profit 20,527,000 16,351,000
Operating expenses:    
Research and development 7,987,000 8,910,000
Selling and marketing 4,201,000 5,862,000
General and administrative 9,055,000 8,779,000
Severance and restructuring costs 638,000 717,000
Transaction costs 1,203,000 1,489,000
Loss on impairment of goodwill 9,098,000 0
Total operating expenses 32,182,000 25,757,000
Loss from operations (11,655,000) (9,406,000)
Other income (expense), net 55,000 (479,000)
Gain on extinguishment of debt   2,440,000
Loss before income taxes (11,600,000) (7,445,000)
Income tax benefit (196,000) (15,000)
Net loss $ (11,404,000) $ (7,430,000)
Net loss per share, basic $ (0.23) $ (0.16)
Net loss per share, diluted $ (0.23) $ (0.16)
Weighted average common shares outstanding, basic 49,750 47,030
Weighted average common shares outstanding, diluted 49,750 47,030
Comprehensive loss:    
Net loss $ (11,404,000) $ (7,430,000)
Other comprehensive loss, net of tax:    
Foreign currency translation adjustments (892,000) (901,000)
Unrealized gains (losses) on marketable securities (25,000) 1,000
Total other comprehensive loss (917,000) (900,000)
Comprehensive loss (12,321,000) (8,330,000)
Product [Member]    
Revenue:    
Total revenue 14,212,000 13,021,000
Cost of revenue:    
Cost of revenue 5,020,000 3,876,000
Service [Member]    
Revenue:    
Total revenue 18,281,000 14,289,000
Cost of revenue:    
Cost of revenue $ 6,946,000 $ 7,083,000