RELATED PARTIES

12 Months Ended

Jan. 31, 2023

Related Party Transactions [Abstract]

Related Party Transactions Disclosure [Text Block]

16. RELATED PARTIES

During fiscal years 2022, 2021, and 2020, One Earth and NuGen, combined, purchased approximately $135.4 million, $90.2 million, and $54.8 million, respectively, of corn and other supplies from minority equity investors. The Company had amounts payable to related parties of approximately $1.5 million and $0.5 million at January 31, 2023 and 2022, respectively.

During fiscal years 2021 and 2020, the Company recognized (reduced) commission expense of approximately $0.3 million, $(0.2) million, respectively, payable to the minority investor in the refined coal entity. The commission expense is associated with the refined coal business, and as such, there was no commission expense recorded in fiscal year 2022.

During fiscal year 2021, the Company received approximately $0.3 million in capital contributions from the minority investor in the refined coal entity. The Company did not receive capital contributions related to the refined coal entity in fiscal year 2022.