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Leases (Tables)
 3 Months Ended
Apr. 30, 2019
Leases [Abstract]  
Schedule of Lease Costs

The following table presents the Company’s lease costs for the three months ended April 30, 2019:

 

    Three Months Ended  
    April 30, 2019  
Lease Costs:        
Operating lease cost*   $ 64,334  

 

* Short term lease costs were immaterial.
Schedule of Supplemental Cash Flow Information for Lease

Supplemental cash flow information is as follows:

 

    Three Months Ended  
    April 30, 2019  
Cash paid for amounts included in the measurement of lease liabilities:        
Operating cash flows from operating leases   $ 57,985  
         
Right-of-use assets obtained in exchange for lease obligations:        
Operating leases, net   $ 2,791,249  
Schedule of Future Lease Payments for Right-of-use Assets

The aggregate future lease payments for ROU assets as of April 30, 2019 are as follows:

 

For the Years Ending January 31,   ROU Assets  
Remaining in 2020   $ 173,956  
2021     231,941  
2022     231,941  
2023     208,829  
2024     168,691  
Thereafter     5,050,859  
Total minimum lease payments   $ 6,066,217  
Less: amount representing interest     3,210,634  
Total present value of minimum payments     2,855,583  
Less: current portion   $ 98,117  
Long-term obligations   $ 2,757,466  
Schedule of Weighted Average Remaining Lease Terms and Discount Rates

Weighted average remaining lease terms and discount rates were as follows:

 

Weighted average remaining lease term (years)   April 30, 2019  
Operating leases     34.81  
         
Weighted average discount rate        
Operating leases     4.76 %