Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows

v3.20.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Apr. 30, 2020
Apr. 30, 2019
Cash flows from operating activities:    
Net loss $ (6,510) $ (10,849)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization expense 357 550
(Recovery of) provision for bad debts (316) 98
Stock-based compensation expense (credit) 357 (434)
Deferred income taxes   368
Realized and unrealized foreign currency transaction (gain) loss (29) 1,207
Other 14 42
Changes in operating assets and liabilities:    
Accounts receivable 3,111 9,870
Unbilled receivables 589 (491)
Inventory   166
Prepaid expenses and other current assets and other assets (554) (355)
Accounts payable 417 (1,591)
Accrued expenses and other liabilities (1,689) (438)
Deferred revenue (10) (828)
Net cash used in operating activities (4,263) (2,685)
Cash flows from investing activities:    
Purchases of property and equipment (138) (50)
Cash paid for acquisitions, net   (3,838)
Purchases of marketable securities   (6,231)
Proceeds from sales and maturities of marketable securities 1,201 6,946
Net cash provided by (used in) investing activities 1,063 (3,173)
Cash flows from financing activities:    
Proceeds from issuance of common stock 137 9
Net cash provided by financing activities 137 9
Effect of exchange rate on cash and cash equivalents 153 229
Net decrease in cash, cash equivalents and restricted cash (2,910) (5,620)
Cash, cash equivalents and restricted cash at beginning of period 9,297 20,317
Cash, cash equivalents and restricted cash at end of period 6,387 14,697
Supplemental disclosure of cash flow information    
Income taxes paid 11 17
Non-cash activities:    
Purchases of property and equipment included in accounts payable   19
Right-of-use assets obtained in exchange for lease obligations $ 402 2,048
Fair value of common stock issued in acquisition   $ 874