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Assets Held for Sale and Discontinued Operations (Tables) | 6 Months Ended
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Jul. 31, 2020
Discontinued Operations and Disposal Groups [Abstract] |
Schedule of Discontinued Operations, Including Balance Sheet, Income Statement, Cash Flow, and Additional Disclosures | The assets reported as held for sale consist of the following:
| July 31, 2020 |  | January 31, 2020
Current assets of discontinued operations: |  |  |
Accounts receivable, net | 2,366 |  |  | 5,699 |
Inventories, net | 388 |  |  | 605 |
Prepaid expenses and other current assets | 221 |  |  | 227 |
Seismic equipment lease pool and property and equipment, net | 3,675 |  |  | 8,382 |
Total assets of discontinued operations | $ | 6,650 |  |  | $ | 14,913 |
The liabilities reported as held for sale consist of the following:
| July 31, 2020 |  | January 31, 2020
Current liabilities of discontinued operations: |  |  |
Accounts payable | $ | 119 |  |  | $ | 884 |
Deferred revenue | — |  |  | 34 |
Accrued expenses and other current liabilities | 1,186 |  |  | 1,886 |
Income taxes payable | — |  |  | (74) |
Total liabilities of discontinued operations | 1,305 |  |  | 2,730 |
The results of operations from discontinued operations for the three and six months ended July 31, 2020 and 2019, consist of the following:
|  | For the Three Months Ended July 31, |  |  |  | For the Six Months Ended July 31, |  |
|  | 2020 |  | 2019 |  | 2020 |  | 2019
Revenues: |  |  |  |  |  |  |  |
Revenue from discontinued operations |  | $ | 1,230 |  |  | $ | 2,077 |  |  | $ | 5,418 |  |  | $ | 5,891 |
Cost of sales: |  |  |  |  |  |  |  |
Cost of discontinued operations |  | 1,642 |  |  | 2,002 |  |  | 4,126 |  |  | 4,514 |
Operating expenses: |  |  |  |  |  |  |  |
Selling, general and administrative |  | 1,476 |  |  | 1,415 |  |  | 3,176 |  |  | 2,890 |
Provision for doubtful accounts |  | 470 |  |  | — |  |  | 470 |  |  | — |
Depreciation and amortization |  | 41 |  |  | 46 |  |  | 85 |  |  | 95 |
Total operating expenses |  | 1,987 |  |  | 1,461 |  |  | 3,731 |  |  | 2,985 |
Operating loss |  | (2,399) |  |  | (1,386) |  |  | (2,439) |  |  | (1,608) |
Other income (expenses) |  | 72 |  |  | (163) |  |  | 75 |  |  | (106) |
Loss on disposal (including $2,745 of cumulative translation loss) |  | (1,859) |  |  | — |  |  | (1,859) |  |  | — |
Loss before income taxes |  | (4,186) |  |  | (1,549) |  |  | (4,223) |  |  | (1,714) |
Provision for income taxes |  | (522) |  |  | (94) |  |  | (700) |  |  | (147) |
Net loss |  | (4,708) |  |  | (1,643) |  |  | (4,923) |  |  | (1,861) |
The significant operating and investing noncash items and capital expenditures related to discontinued operations are summarized below:
|  |  |  |  |  | For the Six Months Ended July 31, |  |
|  |  |  |  |  | 2020 |  | 2019
Depreciation and amortization |  |  |  |  |  | $ | 1,771 |  |  | $ | 2,519 |
Gross profit from sale of lease pool equipment |  |  |  |  |  | $ | (1,324) |  |  | $ | (743) |
Provisions for doubtful accounts |  |  |  |  |  | $ | 470 |  |  | $ | — |
Loss on disposal of discontinued operations |  |  |  |  |  | $ | 1,859 |  |  | $ | — |
Sale of used lease pool equipment |  |  |  |  |  | $ | 1,988 |  |  | $ | 1,133 |
Purchase of seismic equipment held for lease |  |  |  |  |  | $ | (110) |  |  | $ | (229) |

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