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Assets Held for Sale and Discontinued Operations (Tables) | 9 Months Ended
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Oct. 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:
| October 31, 2020 |  | January 31, 2020
Current assets of discontinued operations: |  |  |
Accounts receivable, net | 1,963 |  |  | 5,699 |
Inventories, net | 359 |  |  | 605 |
Prepaid expenses and other current assets | 141 |  |  | 227 |
Seismic equipment lease pool and property and equipment, net | 2,977 |  |  | 8,382 |
Total assets of discontinued operations | $ | 5,440 |  |  | $ | 14,913 |
The liabilities reported as held for sale consist of the following:
| October 31, 2020 |  | January 31, 2020
Current liabilities of discontinued operations: |  |  |
Accounts payable | $ | 71 |  |  | $ | 884 |
Deferred revenue | 18 |  |  | 34 |
Accrued expenses and other current liabilities | 1,044 |  |  | 1,886 |
Income taxes payable | — |  |  | (74) |
Total liabilities of discontinued operations | 1,133 |  |  | 2,730 |
The results of operations from discontinued operations for the three and nine months ended October 31, 2020 and 2019, consist of the following:
|  | For the Three Months Ended October 31, |  | For the Nine Months Ended October 31,
|  | 2020 |  | 2019 |  | 2020 |  | 2019
Revenues: |  |  |  |  |  |  |  |
Revenue from discontinued operations |  | $ | 313 |  |  | $ | 2,488 |  |  | $ | 5,731 |  |  | $ | 8,379 |
Cost of sales: |  |  |  |  |  |  |  |
Cost of discontinued operations |  | 263 |  |  | 1,752 |  |  | 4,389 |  |  | 6,266 |
Operating expenses: |  |  |  |  |  |  |  |
Selling, general and administrative |  | 1,146 |  |  | 1,305 |  |  | 4,322 |  |  | 4,195 |
Provision for doubtful accounts |  | — |  |  | — |  |  | 470 |  |  | — |
Depreciation and amortization |  | 43 |  |  | 41 |  |  | 128 |  |  | 136 |
Total operating expenses |  | 1,189 |  |  | 1,346 |  |  | 4,920 |  |  | 4,331 |
Operating loss |  | (1,139) |  |  | (610) |  |  | (3,578) |  |  | (2,218) |
Other income (expenses) |  | (75) |  |  | (8) |  |  | — |  |  | (114) |
Loss on disposal (including $2,745 of cumulative translation loss) |  | — |  |  | — |  |  | (1,859) |  |  | — |
Loss before income taxes |  | (1,214) |  |  | (618) |  |  | (5,437) |  |  | (2,332) |
Provision for income taxes |  | (6) |  |  | (91) |  |  | (706) |  |  | (238) |
Net loss |  | (1,220) |  |  | (709) |  |  | (6,143) |  |  | (2,570) |
The significant operating and investing noncash items and capital expenditures related to discontinued operations are summarized below:
|  |  |  | For the Nine Months Ended October 31,
|  |  |  |  |  | 2020 |  | 2019
Depreciation and amortization |  |  |  |  |  | $ | 1,771 |  |  | $ | 3,651 |
Gross profit from sale of lease pool equipment |  |  |  |  |  | $ | (1,326) |  |  | $ | (987) |
Provisions for doubtful accounts |  |  |  |  |  | $ | 470 |  |  | $ | — |
Loss on disposal of discontinued operations |  |  |  |  |  | $ | 1,859 |  |  | $ | — |
Sale of used lease pool equipment |  |  |  |  |  | $ | 2,010 |  |  | $ | 1,415 |
Sale of assets held for sale |  |  |  |  |  | $ | 734 |  |  | $ | — |
Purchase of seismic equipment held for lease |  |  |  |  |  | $ | (110) |  |  | $ | (1,938) |

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