Balance Sheet - Continuing Operations

3 Months Ended

Apr. 30, 2021

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Balance Sheet - Continuing Operations

Balance Sheet - Continuing Operations

	As of April 30, 2021						As of January 31, 2021
	Current		Long-term		Total		Current		Long-term		Total
Accounts receivable	$	4,601	$	—	$	4,601	$	5,695	$	—	$	5,695
Less allowance for doubtful accounts	(952)		—		(952)		(948)		—		(948)
Accounts receivable net of allowance for doubtful accounts	$	3,649	$	—	$	3,649	$	4,747	$	—	$	4,747

	April 30, 2021		January 31, 2021
	(in thousands)
Inventories:
Raw materials	$	7,276	$	6,905
Finished goods	3,823		3,466
Work in progress	2,453		2,445
	13,552		12,816
Less allowance for obsolescence	(1,383)		(1,363)
Total inventories, net	$	12,169	$	11,453

	April 30, 2021		January 31, 2021
	(in thousands)
Property and equipment:
Marine seismic service equipment	$	4,533	$	5,969
Land and buildings	4,384		4,354
Furniture and fixtures	9,776		9,750
Autos and trucks	491		491
	19,184		20,564
Accumulated depreciation and amortization	(14,598)		(15,813)
Total property and equipment, net	$	4,586	$	4,751

As of January 31, 2021, the Company completed an annual review of long-lived assets noting that the undiscounted future cash flows exceeded their carrying value and no impairment has been recorded. Since January 31, 2021, there have been no significant changes to the market, economic or legal environment in which the Company operates that would indicate additional impairment analysis is necessary as of April 30, 2021.