Intangible Assets

12 Months Ended

Jan. 31, 2012

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets Disclosure [Text Block]

6.Intangible Assets

Intangible assets as of January 31, 2012 and 2011 consisted of the following:

	Useful Lives	2012			2011
Intangible assets subject to amortization:
Acquired product prototype	5	$	730,000		$	730,000
Non-compete agreeements	3		175,000			175,000
Acquired customer base	5		75,000			75,000
Total intangible assets subject to amortization			980,000			980,000
Accumulated amortization			(886,000	)		(725,000	)
Net		$	94,000		$	255,000
Intangible assets with indefinite lives:
Goodwill		$	366,000		$	366,000

Amortization expense related to intangible assets for the years ended January 31, 2012 and 2011 was $161,000 and $195,000, respectively. Amortization expense for the remaining useful lives of the intangible assets is $94,000 for the year ending January 31, 2013.

Amortization expense related to capitalized debt issuance costs for both years ended January 31, 2012 and 2011 was $36,000 and $34,000, respectively.

Amortization expense related to intangible assets and capitalized debt issuance costs is included in selling, general and administrative expenses. Capitalized debt issuance costs are included in other assets.