Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows

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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Apr. 30, 2016
Apr. 30, 2015
Cash flows from operating activities:    
Net loss $ (8,907) $ (9,825)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization of property and equipment 794 870
Amortization of intangible assets 766 1,122
Fair value of acquisition-related contingent consideration   502
Stock-based compensation expense 112 711
Other 40 89
Changes in operating assets and liabilities, excluding impact of acquisition:    
Accounts receivable 5,363 7,822
Unbilled receivables (664) (2,864)
Inventories (91) (148)
Prepaid expenses and other assets 853 (1,091)
Accounts payable (1,736) 119
Accrued expenses (2,201) (2,118)
Deferred revenues 80 (1,467)
Other 29 (465)
Total cash used in operating activities (5,562) (6,743)
Cash flows from investing activities:    
Purchases of property and equipment (159) (282)
Investment in capitalized software   (749)
Purchases of marketable securities (502) (2,033)
Proceeds from sale and maturity of marketable securities   4,034
Cash paid for acquisition of business, net of cash acquired   (11,686)
Other investing activities (106)  
Total cash used in investing activities (767) (10,716)
Cash flows from financing activities:    
Proceeds from issuance of common stock 33  
Other financing activities (3)  
Total cash provided by financing activities 30  
Effect of exchange rate changes on cash (922) 411
Net decrease in cash and cash equivalents (7,221) (17,048)
Cash and cash equivalents, beginning of period 58,733 90,019
Cash and cash equivalents, end of period 51,512 72,971
Supplemental disclosure of cash flow information:    
Income taxes paid 43 183
Supplemental disclosure of non-cash investing and financing activities:    
Transfer of items originally classified as inventories to equipment   $ 80
Common Stock [Member]    
Supplemental disclosure of non-cash investing and financing activities:    
Fair value of common stock issued for deferred stock consideration obligation $ 3,205