Stock-Based Compensation (Tables)

9 Months Ended

Oct. 31, 2017

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Employee Service Share-based Compensation

The compensation expense recognized is summarized in the table below (in thousands except per share amounts):

		Three Months Ended								Nine Months Ended
		October 31,								October 31,
		2017				2016				2017				2016

Stock-based compensation expense		$	7			$	-			$	19			$	18
Impact on basic and diluted earnings per share		$	-			$	-			$	-			$	-

Schedule of Stock Options Granted

Transactions and other information related to stock options outstanding under these plans for the three and nine months ended October 31, 2017 are summarized below:

		Outstanding Options
						Weighted-Ave.
		Number of				Exercise
		Shares				Price
Balance, January 31, 2017			1,100,000			$	0.37
Options granted			-				-
Options canceled or expired			-				-
Options exercised			-				-
Balance, October 31, 2017			1,100,000			$	0.37
Stock Options Exercisable at October 31, 2017			760,000			$	0.44

Schedule of Stock Awards Outstanding

The following table summarizes information about the Company’s stock awards outstanding at October 31, 2017:

									Awards Outstanding												Options Exercisable
Range of									Number of options				Weighted-Ave. Remaining Contractural				Weighted-Ave. Exercise/Grant				Number of options				Weighted-Ave. Exercise
Exercise / Grant Prices									Outstanding				Life				Price				Exercisable				Price
$	0.09									300,000				8.99			$	0.09				-			$	0.09
$	0.14		-		$	0.16				300,000				7.63			$	0.15				300,000			$	0.15
$	0.40									385,000				4.75			$	0.40				385,000			$	0.40
$	1.09									100,000				1.03			$	1.00				60,000			$	1.09
$	4.53									15,000				0.33			$	4.53				15,000			$	4.53
										1,100,000												760,000