XML 16 R7.htm IDEA: XBRL DOCUMENT v3.23.1
Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Jan. 31, 2023
Jan. 31, 2022
Statement of Cash Flows [Abstract]    
Net loss $ (4,483,474) $ (6,176,126)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 330,143 308,741
Amortization of debt discount 97,477
Amortization of right of use asset 38,813 9,522
(Gain) loss on extinguishment of debt (53,028)
Stock-based compensation-options 732,130 532,832
Stock-based compensation-warrants 0 365,000
Treasury stock and warrants issued for termination agreement 174,025  
Treasury stock issued for services 113,155
Goodwill impairment 327,326 2,180,836
Common stock issued for services 466,900
Changes in operating assets and liabilities:    
Accounts receivable (41,665) 42,967
Prepaid expenses 4,547 (370,472)
Inventories (97,687) (78,800)
Deferred revenue 56,636 19,421
Operating lease liability (36,287) (9,234)
Accounts payable and accrued expenses (104,860) (145,259)
Net Cash Used In Operating Activities (2,987,198) (2,809,223)
Cash flows from investing activities:    
Purchase of equipment (79,304) (81,595)
Net Cash Used in Investing Activities (79,304) (81,595)
Cash flows from financing activities:    
Proceeds from sale of common stock 583,000
Proceeds from sale of common stock in public offering 5,836,230
Proceeds from the exercise of warrants 296,875 2,942,970
Payment on note payable (17,795) (5,496)
Payment on related party note payable (1,500,000)
Payment on finance leases (121,544)
Purchase of treasury stock (119,006) (104,467)
Net Cash Provided by (used in) Financing Activities 160,074 7,630,693
Effect of exchange rate on cash
Net change in cash (2,906,428) 4,739,875
Cash and cash equivalents - Beginning of period 4,891,868 151,993
Cash and cash equivalents - End of period 1,985,440 4,891,868
Cash paid for:    
Interest 4,266 18,598
Income taxes
Supplemental disclosure of non-cash investing and financing activities:    
Common stock returned in settlement 1,400
Common stock issued for settlement of notes payable 100,000
Common stock issued for prepaid consulting 400,000
Non-cash payment for license agreement 57,000
Common stock issued for subscription payable 70,000
Adoption of ASC 842 Operating lease asset and liability 94,134 28,565
Promissory note on equipment purchase 22,794
Settlement of liabilities for common stock 144,000
Deemed dividend in connection with warrant round down   196,589
Cashless exercise of warrant $ 15