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Note 4 - Revenue Recognition - Reconciliation of the Cost in Excess of Billings (Details) - USD ($) $ in Thousands | Apr. 30, 2025 | Jan. 31, 2025
--- | --- | ---
Costs incurred on uncompleted contracts | $ 13,859 | $ 11,621
Estimated earnings | 9,984 | 9,366
Earned revenue | 23,843 | 20,987
Less billings to date | 21,362 | 19,302
Costs in excess of billings, net | 2,481 | 1,685
Contract assets: Costs and estimated earnings in excess of billings on uncompleted contracts | 3,472 | 2,934
Contract liabilities: Billings in excess of costs and estimated earnings on uncompleted contracts | (991) | (1,249)
Costs in excess of billings, net | $ 2,481 | $ 1,685

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