XML 61 R51.htm IDEA: XBRL DOCUMENT v3.21.2
Stock Option Plans (Tables)
12 Months Ended
Jan. 31, 2021
Share-based Payment Arrangement [Abstract]  
Schedule of Fair Value Option Award The assumptions for the periods indicated are noted in the following table.
Weighted average Black-Scholes-Merton fair value assumptions
 
    
Year Ending January 31,
    
2021
  
2020
Risk free interest rate
  
0.34% - 0.37%
  
1.47% - 2.53%
Expected life
  
3.97 years - 5.97 years
  
3.98 years - 6.00 years
Expected volatility
  
53% - 64%
  
49% - 51%
Expected dividend yield
   0.0%    0.0%
Summary of Company's Stock Option Activity
The following table presents a summary of the Company’s stock option activity for the fiscal year ended January 31, 2021:
 
    
Number of

Shares

(in thousands)
   
Weighted

Average

Exercise

Price
    
Weighted

Average

Remaining

Contractual

Term

(in years)
    
Aggregate

Intrinsic

Value

(in thousands)
 
Outstanding, January 31, 2020
     2,440     $ 4.51        7.08      $ 20  
Granted
     320       1.47                    
Exercised
     —         —                      
Forfeited
     (41     4.63                    
Expired
     (133     5.31                    
    
 
 
                           
Outstanding, January 31, 2021
     2,586     $ 4.09        6.58      $ 223  
    
 
 
                           
Exercisable at January 31, 2021
     1,778     $ 4.63        5.71      $ —    
Vested and expected to vest at January 31, 2021
     2,562     $ 4.12        6.55      $ 213  
Restricted Stock and Changes During Period
Restricted stock as of January 31, 2021 and changes during the fiscal year ended January 31, 2021 were as follows:
 
    
Year Ended January 31, 2021
 
    
Number of

Shares

(in thousands)
    
Weighted Average

Grant Date Fair

Value
 
Unvested, beginning of period
     37      $ 3.98  
Granted
     15        1.25  
Vested
     (12      3.98  
Canceled
     —          —    
    
 
 
    
 
 
 
Unvested, end of period
     40      $ 2.94