Assets Held for Sale and Discontinued Operations (Tables)

6 Months Ended

12 Months Ended

Jul. 31, 2021

Jan. 31, 2021

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Discontinued Operations, Including Balance Sheet, Income Statement, Cash Flow, and Additional Disclosures

The assets reported as held for sale consist of the following:

	July 31, 2021		January 31, 2021
Current assets of discontinued operations:
Accounts receivable, net		1,151		1,668
Inventories, net		68		352
Prepaid expenses and other current assets		120		150
Seismic equipment lease pool and property and equipment, net		1,973		2,151
Total assets of discontinued operations	$	3,312	$	4,321

The liabilities reported as held for sale consist of the following:

	July 31, 2021		January 31, 2021
Current liabilities of discontinued operations:
Accounts payable	$	21	$	59
Deferred revenue		73		73
Accrued expenses and other current liabilities		611		831
Total liabilities of discontinued operations		705		963

The results of operations from discontinued operations for the three and six months ended July 31, 2021 and 2020, consist of the following:

	For the Three Months Ended July 31,						For the Six Months Ended July 31,
	2021			2020			2021			2020
Revenues:
Revenue from discontinued operations	$	757		$	1,230		$	787		$	5,418
Cost of sales:
Cost of discontinued operations		332			1,642			705			4,126
Operating expenses:
Selling, general and administrative		378			1,476			720			3,176
Provision for doubtful accounts		(2	)		470			(445	)		470
Depreciation and amortization		2			41			3			85
Total operating expenses		378			1,987			278			3,731
Operating income (loss)		47			(2,399	)		(196	)		(2,439	)
Other income (expenses)		35			72			(4	)		75
Loss on disposal (including $2,745 of cumulative translation loss)		—			(1,859	)		—			(1,859	)
Income (loss) before income taxes		82			(4,186	)		(200	)		(4,223	)
Provision for income taxes		(3	)		(522	)		(4	)		(700	)
Net income (loss)		79			(4,708	)		(204	)		(4,923	)

The significant operating and investing noncash items and capital expenditures related to discontinued operations are summarized below:

	For the Six Months Ended July 31,
	2021			2020
Depreciation and amortization	$	—		$	1,771
Gross profit from sale of lease pool equipment	$	—		$	(1,324	)
(Recovery) provisions for doubtful accounts	$	(445	)	$	470
Loss on disposal of discontinued operations	$	—		$	1,859
Sale of used lease pool equipment	$	—		$	1,988
Sale of assets held for sale	$	1,245		$	—

The assets reported as held for sale consist of the following:

	As of January 31,
	2021		2020
Current assets of discontinued operations:
Accounts receivable, net		1,668		5,699
Inventories, net		352		605
Prepaid expenses and other current assets		150		227
Seismic equipment lease pool and property and equipment, net		2,151		8,382
Total assets of discontinued operations	$	4,321	$	14,913

The liabilities reported as held for sale consist of the following:

	As of January 31,
	2021		2020
Current liabilities of discontinued operations:
Accounts payable	$	59	$	884
Deferred revenue		73		34
Accrued expenses and other current liabilities		831		1,886
Income taxes payable		479		(74	)
Total liabilities of discontinued operations	$	1,442	$	2,730

The results of operations from discontinued operations for the twelve months ended January 31, 2021 and 2020, consist of the following:

	Twelve Months Ended January 31,
	2021			2020
Revenues:
Revenue from discontinued operations	$	5,747		$	12,756
Cost of sales:
Cost of discontinued operations		4,537			9,089
Operating expenses:
Selling, general and administrative		4,589			5,576
Provision for doubtful accounts		470			2,000
Depreciation and amortization		132			176
Total operating expenses		5,191			7,752
Operating loss		(3,981	)		(4,085	)
Other income (expenses)		201			(134	)
Loss on disposal (including $2,745 of cumulative translation loss)		(1,859	)		—
Loss before income taxes		(5,639	)		(4,219	)
Provision for income taxes		(665	)		(525	)
Net loss		(6,304	)		(4,744	)

The significant operating and investing noncash items and capital expenditures related to discontinued operations are summarized below:

	As of January 31,
	2021			2020
Depreciation and amortization	$	1,830		$	4,818
Gross profit from sale of lease pool equipment	$	(1,326	)	$	(1,145	)
Provisions for doubtful accounts	$	470		$	2,000
Loss on disposal of discontinued operations	$	1,859		$	—
Sale of used lease pool equipment	$	2,010		$	1,415
Sale of assets held for sale	$	1,506		$	—
Purchase of seismic equipment held for lease	$	(110	)	$	(2,955	)