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Earnings Per Share (Tables)
 9 Months Ended
Oct. 31, 2014
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
The following table sets forth the computation of basic and diluted earnings (loss) per share at October 31, 2014 and 2013.
 
 
 
Three Months Ended
 
Nine Months Ended
 
 
 
October 31,
 
October 31,
 
 
 
2014
 
2013
 
2014
 
2013
 
Numerator:
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income (loss)
 
$
(1,850,230)
 
$
(1,835,480)
 
$
(2,235,895)
 
$
1,491,439
 
Denominator
 
 
 
 
 
 
 
 
 
 
 
 
 
Denominator for basic income (loss) per share
 
 
 
 
 
 
 
 
 
 
 
 
 
Weighted-average shares outstanding before common share equivalents
 
 
5,592,559
 
 
5,353,238
 
 
5,436,959
 
 
5,345,610
 
Weighted average common equivalent shares resulting from the warrant issued June 28, 2013 to the subordinated debt lender LKL Investments LLC
 
 
359,054
 
 
566,015
 
 
496,270
 
 
262,044
 
Total weighted average, including common equivalent shares
 
 
5,951,613
 
 
5,919,253
 
 
5,933,229
 
 
5,607,654
 
Effect of dilutive securities from restricted stock plan and from dilutive effect of stock options
 
 
—
 
 
—
 
 
—
 
 
107,497
 
Denominator for diluted loss per share (adjusted weighted average shares)
 
 
5,951,613
 
 
5,919,253
 
 
5,933,229
 
 
5,715,151
 
Basic income (loss) per share
 
$
(0.31)
 
$
(0.31)
 
$
(0.38)
 
$
0.27
 
Diluted income (loss) per share
 
$
(0.31)
 
$
(0.31)
 
$
(0.38)
 
$
0.26