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v3.20.1

Segment Reporting (Tables) | 12 Months Ended
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Jan. 31, 2020
Segment Reporting [Abstract] |
Reconciliation of Assets from Segment to Consolidated | Financial information by business segment is set forth below net of any allocations (in thousands):
| As of January 31, 2020 |  | As of January 31, 2019 |  | As of January 31, 2018
| Marine Technology Products |  | Equipment Leasing |  | Consolidated |  | Marine Technology Products |  | Equipment Leasing |  | Consolidated |  | Marine Technology Products |  | Equipment Leasing |  | Consolidated
Fixed assets, net | $ | 4,791 |  |  | $ | 8,986 |  |  | $ | 13,777 |  |  | $ | 4,635 |  |  | $ | 9,534 |  |  | $ | 14,155 |  |  | $ | 3,790 |  |  | $ | 19,161 |  |  | $ | 22,900 |
Intangible assets, net | 8,048 |  |  | 113 |  |  | 8,161 |  |  | 10,417 |  |  | 78 |  |  | 10,495 |  |  | 8,015 |  |  | — |  |  | 8,015 |
Goodwill | 2,531 |  |  | — |  |  | 2,531 |  |  | 2,531 |  |  | — |  |  | 2,531 |  |  | 2,531 |  |  | — |  |  | 2,531 |
Total Assets | 47,211 |  |  | 11,017 |  |  | 58,228 |  |  | 44,832 |  |  | 20,469 |  |  | 65,301 |  |  | 35,879 |  |  | 37,850 |  |  | 73,679 |
Reconciliation of Revenue from Segments to Consolidated |
| As of January 31, 2020 |  | As of January 31, 2019 |  | As of January 31, 2018
| Marine Technology Products |  | Equipment Leasing |  | Corporate expenses |  | Consolidated |  | Marine Technology Products |  | Equipment Leasing |  | Corporate expenses |  | Consolidated |  | Marine Technology Products |  | Equipment Leasing |  | Corporate expenses |  | Consolidated
Revenues | $ | 29,572 |  |  | $ | 13,213 |  |  | — |  |  | $ | 42,675 |  |  | $ | 25,768 |  |  | $ | 17,383 |  |  | $ | — |  |  | $ | 42,942 |  |  | $ | 27,572 |  |  | $ | 20,919 |  |  | $ | — |  |  | $ | 48,276 |
Interest expense, net | 1 |  |  | (47 | ) |  | — |  |  | (46 | ) |  | — |  |  | 72 |  |  | — |  |  | 72 |  |  | (18 | ) |  | 65 |  |  | — |  |  | 47 |
Operating loss | (2,259 | ) |  | (4,667 | ) |  | (3,471 | ) |  | (10,375 | ) |  | (3,780 | ) |  | (5,872 | ) |  | (3,375 | ) |  | (13,020 | ) |  | (2,572 | ) |  | (13,930 | ) |  | (3,211 | ) |  | (19,708 | )
Capital expenditures | 894 |  |  | 3,097 |  |  | — |  |  | 3,991 |  |  | 583 |  |  | 1,948 |  |  | — |  |  | 2,531 |  |  | 268 |  |  | 1,048 |  |  | — |  |  | 1,316 |
Depreciation and amortization expense | 2,649 |  |  | 5,141 |  |  | — |  |  | 7,768 |  |  | 2,418 |  |  | 9,402 |  |  | — |  |  | 11,814 |  |  | 1,991 |  |  | 14,652 |  |  | — |  |  | 16,637 |
Reconciliation of Operating Income (Loss) | A reconciliation of operating income is as follows (in thousands):
| Years Ended January 31,
| 2020 |  | 2019 |  | 2018
Marine Technology Products | $ | (2,259 | ) |  | $ | (3,780 | ) |  | $ | (2,572 | )
Equipment Leasing | (4,667 | ) |  | (5,872 | ) |  | (13,930 | )
Corporate Expenses | (3,471 | ) |  | (3,375 | ) |  | (3,211 | )
Reconciling items: |  |  |  |  |
Elimination of loss from inter-company sales | 22 |  |  | 7 |  |  | 5 |
Consolidated operating income | $ | (10,375 | ) |  | $ | (13,020 | ) |  | $ | (19,708 | )

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