Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Cash Flows

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Consolidated Statements of Cash Flows - USD ($)
 12 Months Ended
Jan. 31, 2023
Jan. 31, 2022
Cash flows from operating activities:    
Net loss $ (11,404,000) $ (7,430,000)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization expense 254,000 1,429,000
Loss on disposal of fixed assets   78,000
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)
Provision for (recovery of) bad debts 514,000 (156,000)
Stock-based compensation expense 1,001,000 1,690,000
Realized and unrealized foreign currency transaction loss 462,000 896,000
Loss on impairment of goodwill 9,098,000 0
Other (4,000) 1,000
Changes in operating assets and liabilities:    
Accounts receivable (1,984,000) (2,830,000)
Unbilled receivables, net 386,000 2,412,000
Prepaid expenses and other current assets and other assets 118,000 2,213,000
Accounts payable (1,361,000) 1,215,000
Accrued expenses and other liabilities (391,000) (226,000)
Deferred revenue 1,291,000 (1,271,000)
Net cash used in operating activities (2,020,000) (4,747,000)
Cash flows from investing activities:    
Purchases of property and equipment (70,000) (646,000)
Proceeds from sales and maturities of marketable securities   252,000
Purchases of marketable securities (1,265,000)  
Net cash used in investing activities (1,335,000) (394,000)
Cash flows from financing activities:    
Proceeds from stock option exercises   161,000
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 17,623,000
Effect of exchange rate on cash, cash equivalents and restricted cash (782,000) (710,000)
Net (decrease) increase in cash, cash equivalents and restricted cash (4,130,000) 11,772,000
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 13,726,000 17,856,000
Supplemental disclosure of cash flow information    
Income tax payments (refunds) $ 222,000 (1,183,000)
Non-cash activities:    
Purchases of property and equipment included in accounts payable   $ 516,000