XML 13 R4.htm IDEA: XBRL DOCUMENT v3.22.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands
3 Months Ended
Apr. 30, 2022
Apr. 30, 2021
Revenues:    
Total revenues $ 9,087,000 $ 4,194,000
Cost of sales:    
Total cost of sales 5,798,000 3,651,000
Gross profit 3,289,000 543,000
Operating expenses:    
Selling, general and administrative 4,272,000 3,817,000
Research and development 1,014,000 853,000
Depreciation and amortization 479,000 666,000
Total operating expenses 5,765,000 5,336,000
Operating loss (2,476,000) (4,793,000)
Other (expense) income:    
Other, net (118,000) 947,000
Total other (expense) income (118,000) 947,000
Loss from continuing operations before income taxes (2,594,000) (3,846,000)
(Provision) benefit for income taxes (211,000) 145,000
Net loss from continuing operations (2,805,000) (3,701,000)
Income (loss) from discontinued operations, net of income taxes 386,000 (283,000)
Net loss (2,419,000) (3,984,000)
Preferred stock dividends (947,000) (584,000)
Net loss attributable to common stockholders $ (3,366,000) $ (4,568,000)
Net loss per common share - Basic    
Continuing operations (in dollars per share) $ (0.27) $ (0.31)
Discontinued operations (in dollars per share) 0.03 (0.02)
Net loss (in dollars per share) (0.24) (0.33)
Net loss per common share - Diluted    
Continuing operations (in dollars per share) (0.27) (0.31)
Discontinued operations (in dollars per share) 0.03 (0.02)
Net loss (in dollars per share) $ (0.24) $ (0.33)
Shares used in computing net loss per common share:    
Basic (in shares) 13,775 13,759
Diluted (in shares) 13,775 13,759
Marine Technology Products [Member]    
Revenues:    
Total revenues $ 9,087,000 $ 4,194,000
Cost of sales:    
Total cost of sales $ 5,798,000 $ 3,651,000