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Condensed Consolidated Balance Sheets - USD ($)
Jul. 31, 2022
Jan. 31, 2022
Current Assets:    
Cash $ 1,896,412 $ 850,598
Accounts receivable, net 6,877,758 7,627,717
Inventories 4,193,726 2,890,793
Prepaid expenses 516,697 269,209
Total current assets 13,484,593 11,638,317
Property and equipment, net 3,617,221 3,678,532
Intangibles, net 1,754,823 1,984,979
Goodwill 8,633,334 8,633,334
Operating lease right of use assets, net 3,413,455 3,596,317
Deferred tax asset 636,581 448,501
Equity method investment in Chef Inspirational 1,218,540
Deposits 52,249 52,249
Total Assets 32,810,796 30,032,229
Current Liabilities:    
Accounts payable and accrued expenses 7,649,420 6,479,140
Term loan, net of debt discount of $51,741 and $57,771, respectively 1,499,983 1,235,333
Operating lease liability 368,993 292,699
Finance leases payable 175,213 218,039
Promissory note – related party 813,273 759,917
Liability for Series B Preferred Shares to be issued, net 515,000
Total current liabilities 11,021,882 8,985,128
Line of credit 2,490,000 765,000
Operating lease liability – net of current 3,086,427 3,339,255
Finance leases payable – net of current 322,600 376,132
Promissory note – related party, net of current 2,250,000 2,250,000
Term loan – net of current 5,431,035 6,206,896
Total long-term liabilities 13,580,062 12,937,283
Total Liabilities 24,601,944 21,922,411
Commitments and contingencies (Note 10)
Stockholders’ Equity:    
Preferred stock value
Common stock, $0.00001 par value; 250,000,000 shares authorized; 36,317,857 and 35,758,792 shares issued and outstanding as of July 31, 2022 and January 31, 2022 364 359
Additional paid in capital 21,326,367 20,587,789
Accumulated deficit (12,968,379) (12,328,830)
Less: Treasury stock, 230,000 shares at cost, respectively (149,500) (149,500)
Total Stockholders’ Equity 8,208,852 8,109,818
Total Liabilities and Stockholders’ Equity 32,810,796 30,032,229
Series A Preferred Stock [Member]    
Stockholders’ Equity:    
Preferred stock value