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Segment Reporting and Geographical Information (Tables)

12 Months Ended

Jan. 31, 2025

Segment Reporting [Abstract]

Net Sales and Segment Operating Profit for Each Reporting Segment

Summarized below are the revenue and segment operating profit for each reporting segment:

($ in thousands)		2025				2024				2023
Revenue:
PI :		$	102,345			$	104,041			$	103,089
T&M			48,938				44,045				39,438
Total Revenue		$	151,283			$	148,086			$	142,527
Cost of Revenue:
PI		$	68,420			$	69,064			$	70,079
T&M			30,114				27,401				24,292
Total Cost of Revenue		$	98,534			$	96,465			$	94,371
Operating Expenses:
PI(1)		$	37,892			$	24,890			$	25,121
T&M(1)			7,681				6,444				6,157
Total Operating Expenses		$	45,573			$	31,334			$	31,278
Segment Operating Income (Loss):
PI		$	(3,967	)		$	10,087			$	7,889
T&M			11,143				10,200				8,989
Total Segment Operating Income (Loss)		$	7,176			$	20,287			$	16,878
Corporate Expense (2)			(15,816	)			(11,491	)			(11,435	)
Operating Income (Loss)		$	(8,640	)		$	8,796			$	5,443
Other Income (Expense) (3)			(3,647	)			(2,723	)			(2,033	)
Income (Loss) Before Income Taxes		$	(12,287	)		$	6,073			$	3,410
Income Tax Provision			2,202				1,379				749
Net Income (Loss)		$	(14,489	)		$	4,694			$	2,661

(1) PI and T&M segment operating expenses include Selling and Marketing, Research and Development, and Goodwill Impairment.

(2) The amounts included in Corporate Expenses consist of executive and finance compensation, acquisition and integration costs, restructuring costs, professional fees as well as certain other non-recurring costs not allocated to the reporting segments.

(3) Includes interest expense, gain/(loss) on foreign exchange and other miscellaneous income/(expense) not allocated to the reporting segments.

Summary of Revenue by Product Type

Revenue by product type for each reporting segment:

($ in thousands)	2025				2024				2023
PI :
Hardware	$	18,294			$	21,270			$	18,123
Supplies		76,797				75,418				78,392
Other		7,254				7,353				6,574
Total PI Revenue		102,345				104,041				103,089
T&M:
Hardware		26,337				28,170				24,322
Supplies		4,626				3,834				3,680
Other		17,975				12,041				11,436
Total T&M Revenue		48,938				44,045				39,438
Total Revenue	$	151,283			$	148,086			$	142,527

Summary of Other Information by Segment

Other information by segment is presented below:

		Assets
		January 31,
(In thousands)		2025				2024
PI		$	82,531			$	70,028
T&M			55,086				55,783
Corporate*			7,978				7,440
Total		$	145,595			$	133,251

* Corporate assets consist principally of cash, cash equivalents, deferred tax assets and refunds, and certain prepaid corporate assets.

		Depreciation and Amortization												Capital Expenditures
(In thousands)		2025				2024				2023				2025				2024				2023
PI		$	3,530			$	2,572			$	2,219			$	1,066			$	1,687			$	121
T&M			1,250				1,694				1,697				99				10				108
Total		$	4,780			$	4,266			$	3,916			$	1,165			$	1,697			$	229

Summary of Selected Financial Information by Geographic Area

Presented below is selected financial information by geographic area:

														Long-Lived Assets (2)
		Revenue (1)												January 31,
(In thousands)		2025				2024				2023				2025				2024
United States		$	89,466			$	84,757			$	83,559			$	29,868			$	32,090
Europe			39,121				41,761				38,859				11,149				754
Canada			8,210				8,742				8,690				141				171
Asia			8,018				7,216				5,547				—				6
Central and South America			4,967				4,221				4,589				—				—
Other			1,501				1,389				1,283				—				—
Total		$	151,283			$	148,086			$	142,527			$	41,158			$	33,021

(1) Certain amounts have been reclassified to conform to the current year's presentation.

(2) Long-lived assets exclude goodwill assigned to the T&M segment of $4.5 million at both January 31, 2025 and 2024 and $10.0 and $10.1 million assigned to the PI segment at January 31, 2025 and 2024, respectively.

X

- Definition

Tabular disclosure of reconciliation of other items from reportable segments to their consolidated amount. Excludes reconciliation of revenue, profit (loss), and assets.

+ References

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-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-Publisher FASB
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- Definition

Tabular disclosure of the extent of the entity's reliance on its major customers, if revenues from transactions with a single external customer amount to 10 percent or more of entity revenues, including the disclosure of that fact, the total amount of revenues from each such customer, and the identity of the reportable segment or segments reporting the revenues. The entity need not disclose the identity of a major customer or the amount of revenues that each segment reports from that customer. For these purposes, a group of companies known to the entity to be under common control is considered a single customer, and the federal government, a state government, a local government such as a county or municipality, or a foreign government is each considered a single customer.

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- Definition

Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries.

+ References

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-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(1))
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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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