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Leases (Tables)
9 Months Ended
Oct. 31, 2020
Operating Leases [Member]  
Schedule of Lease Costs

The following table presents the Company’s lease costs for the nine months ended October 31, 2020:

 

    Nine Months  
    Ended  
    31-Oct-20  
Operating Lease Costs:        
Operating lease cost*   $ 150,260  

 

* Short term lease costs were immaterial.

Schedule of Cash Flow Information

Supplemental cash flow information is as follows:

 

    Nine Months  
    Ended  
    31-Oct-20  
Cash paid for amounts included in the measurement of lease liabilities:        
Operating cash flows from operating leases   $ 126,102  
         
Lease Obligations obtained:        
Operating leases, net   $ 2,383,120  
Long-term obligations   $ 2,326,160  
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)   October 31, 2020  
Operating leases     37  
         
Weighted average discount rate        
Operating leases     4.85 %
Schedule of Future Minimum Rental Payments for Operating Lease and Finance Lease

The aggregate future lease payments for Operating Lease Liability as of October 31, 2020 are as follows:

 

For the Years Ending January 31,      
Remaining in 2021   $ 42,678  
2022     172,177  
2023     148,348  
2024     112,116  
2025     112,116  
Thereafter     5,151,311  
Total minimum lease payments   $ 5,738,746  
Less: amount representing interest     3,355,626  
Total present value of minimum payments     2,383,120  
Less: current portion of operating lease liability   $ 56,960  
Long term portion of operating lease liability     2,326,160  
Finance Leases [Member]  
Schedule of Lease Costs

The following table presents the Company’s lease costs for the nine months ended October 31, 2020:

 

    Nine Months  
    Ended  
    31-Oct-20  
Finance Lease Costs:        
Amortization of lease obligations   $ 20,811  
Interest on lease obligations     3,557  
Schedule of Cash Flow Information

Supplemental cash flow information is as follows:

 

    Nine Months  
    Ended  
    31-Oct-20  
Cash paid for amounts included in the measurement of lease liabilities:        
Operating cash flows from finance leases   $ 25,936  
         
Lease Obligations obtained:        
Finance leases, net   $ 86,732  
Long-term obligations   $ 59,209  

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)   October 31, 2020  
Finance leases     3  
         
Weighted average discount rate        
Finance leases     4.85 %
Schedule of Future Minimum Rental Payments for Operating Lease and Finance Lease

The aggregate future lease payments for Finance Lease Liability as of October 31, 2020 are as follows:

 

For the Years Ending January 31,      
Remaining in 2021   $ 7,781  
2022     31,123  
2023     31,123  
2024     23,343  
Total minimum lease payments   $ 93,370  
Less: amount representing interest     6,638  
Total present value of minimum payments     86,732  
Less: current portion   $ 27,523  
Long term portion of finance lease liability     59,209