Property, Plant and Equipment

9 Months Ended

Oct. 31, 2014

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

NOTE 7 – PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment at October 31, 2014 and January 31, 2014 consisted of the following:

	October 31, 2014		January 31, 2014
Land and improvements	$	677,000	$	473,000
Building and improvements		2,596,000		2,779,000
Furniture, machinery and equipment		3,493,000		3,560,000
Trucks and other vehicles		1,454,000		1,578,000
Project costs of Moxie Freedom		1,617,000		—
		9,837,000		8,390,000
Less – accumulated depreciation		4,286,000		4,207,000
Property, plant and equipment, net	$	5,551,000	$	4,183,000

Depreciation expense amounts were approximately $140,000 and $142,000 for the three months ended October 31, 2014 and 2013, respectively, and were approximately $423,000 and $407,000 for the nine months ended October 31, 2014 and 2013, respectively. The costs of maintenance and repairs totaled $99,000 and $83,000 for the three months ended October 31, 2014 and 2013, respectively, and $218,000 and $204,000 for the nine months ended October 31, 2014 and 2013, respectively.

The Company also uses equipment and occupies facilities under non-cancelable operating leases and other rental agreements. Rent included in the selling, general and administrative expenses was $48,000 and $56,000 for the three months ended October 31, 2014 and 2013, respectively, and was $146,000 and $125,000 for the nine months ended October 31, 2014 and 2013, respectively. Rent incurred on construction projects and included in the costs of revenues was $4,686,000 and $866,000 for the three months ended October 31, 2014 and 2013, respectively, and was $9,247,000 and $2,665,000 for the nine months ended October 31, 2014 and 2013, respectively.