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Credit Agreement and Long-Term Debt (Tables)
 12 Months Ended
Jan. 31, 2024
Debt Disclosure [Abstract]  
Schedule of Long Term Debt in the Accompanying Consolidated Balance Sheets

Long-term debt in the accompanying consolidated balance sheets is as follows:

 

 

January 31,

 

(In thousands)

 

2024

 

 

2023

 

Term Loan (7.56% as of January 31, 2024 and 6.78% as of January 31,
2023); maturity date of August 4, 2027

 

$

12,150

 

 

$

14,250

 

Equipment Loan - 7.06% Fixed Rate; maturity date of January 23,
2029

 

 

822

 

 

 

—

 

Total Long Term Debt

 

$

12,972

 

 

$

14,250

 

Less: Debt Issuance Costs, net of accumulated amortization

 

 

80

 

 

 

110

 

   Current Portion of Long Term Debt

 

 

2,842

 

 

 

2,100

 

Long-Term Debt, net of current portion

 

$

10,050

 

 

$

12,040

 
Schedule of Required Principal Payments Remaining on Long Term Debt Outstanding

The schedule of required principal payments remaining on our long-term debt outstanding as of January 31, 2024 is as follows:

 

(In thousands)

 

 

 

Fiscal 2025

 

$

2,842

 

Fiscal 2026

 

 

2,852

 

Fiscal 2027

 

 

2,864

 

Fiscal 2028

 

 

4,226

 

Fiscal 2029

 

 

188

 

 

$

12,972