XML 19 R7.htm IDEA: XBRL DOCUMENT v3.25.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended
Apr. 30, 2025
Apr. 30, 2024
Cash flows from operating activities:    
Net (loss) income $ (3,913) $ 1,653
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities    
Deferred income taxes 243 77
Depreciation and amortization 1,138 647
Amortization of step-up in inventory basis 447 0
Stock based and restricted stock compensation 329 198
Equity in loss of equity investment 0 101
Change in fair value of earnout consideration 0 (711)
(Increase) decrease in operating assets, net of effect of business acquisition    
Accounts receivable 160 (404)
Inventories (3,505) 433
Prepaid VAT and other taxes (2) 541
Other current assets (160) (2,255)
Increase (decrease) in operating liabilities, net of effect of business acquisition    
Accounts payable (1,117) 861
Accrued expenses and other liabilities 1,708 (852)
Operating lease liabilities (169) 4
Net cash (used in) provided by operating activities (4,841) 293
Cash flows from investing activities:    
Purchases of property and equipment (1,209) (466)
Acquisition, net of cash acquired 0 (8,141)
Investments in convertible debt instruments 0 (639)
Net cash (used in) investing activities: (1,209) (9,246)
Cash flows from financing activities:    
Term loan borrowings 2,555  
Term loan repayments (237) (364)
Credit line - borrowings 6,600 12,300
Dividends paid (285) (221)
Shares returned to pay employee taxes under restricted stock program (126) (129)
Net cash provided by financing activities 8,507 11,586
Effect of exchange rate changes on cash and cash equivalents (1,315) 510
Net increase in cash and cash equivalents 1,142 3,143
Cash and cash equivalents at beginning of period 17,476 25,222
Cash and cash equivalents at end of period 18,618 28,365
Cash paid for interest 581 174
Cash paid for taxes $ 643 $ 397