Note 3 - Assets Held for Sale and Discontinued Operations (Tables)

9 Months Ended

Oct. 31, 2021

Notes Tables

Disposal Groups, Including Discontinued Operations [Table Text Block]

	October 31, 2021			January 31, 2021
Current assets of discontinued operations:
Accounts receivable, net		1,091			1,668
Inventories, net		102			352
Prepaid expenses and other current assets		134			150
Seismic equipment lease pool and property and equipment, net		2,602			4,478
Loss recognized on classification as held for sale		(3,341	)		(2,327	)
Total assets of discontinued operations	$	588		$	4,321

	October 31, 2021		January 31, 2021
Current liabilities of discontinued operations:
Accounts payable	$	95	$	59
Deferred revenue		73		73
Accrued expenses and other current liabilities		693		831
Total liabilities of discontinued operations		861		963

	For the Three Months Ended October 31,						For the Nine Months Ended October 31,
	2021			2020			2021			2020
Revenues:
Revenue from discontinued operations	$	53		$	313		$	840		$	5,731
Cost of sales:
Cost of discontinued operations		86			263			791			4,389
Operating expenses:
Selling, general and administrative		502			1,146			1,222			4,322
(Recovery) provision for doubtful accounts		(5	)		—			(450	)		470
Depreciation and amortization		1			43			4			128
Total operating expenses		498			1,189			776			4,920
Operating loss		(531	)		(1,139	)		(727	)		(3,578	)
Other income (expenses)		41			(75	)		37			—
Loss on disposal (including $2,745 of cumulative translation loss)		—			—			—			(1,859	)
Loss before income taxes		(490	)		(1,214	)		(690	)		(5,437	)
Provision for income taxes		(9	)		(6	)		(13	)		(706	)
Net income loss		(499	)		(1,220	)		(703	)		(6,143	)

	For the Nine Months Ended October 31,
	2021			2020
Depreciation and amortization	$	—		$	1,771
Gross profit from sale of lease pool equipment	$	—		$	(1,326	)
(Recovery) provisions for doubtful accounts	$	(450	)	$	470
Loss on disposal of discontinued operations	$	—		$	1,859
Sale of used lease pool equipment	$	—		$	2,010
Sale of assets held for sale	$	3,948		$	734
Purchase of seismic equipment held for lease	$	—		$	(110	)