Balance Sheet



	As of July 31, 2019								As of January 31, 2019
	Current			Long-term		Total			Current			Long-term		Total
Accounts receivable	$	12,722		$	90	$	12,812		$	14,195		$	712	$	14,907
Less allowance for doubtful accounts	(2,073		)	—		(2,073		)	(2,113		)	—		(2,113		)
Accounts receivable net of allowance for doubtful accounts	$	10,649		$	90	$	10,739		$	12,082		$	712	$	12,794

As of July 31, 2019, the Company has structured payment agreements with two customers totaling $2.1 million. As of January 31, 2019, the Company had structured payment agreements with three customers totaling $3.0 million. Payments expected to be received in more than one year have been classified as long-term receivables and total $90,000 and $712,000 as of July 31, 2019 and January 31, 2019, respectively. The structured payment agreements bear interest at an average rate of approximately 3.2% and 3.6% as of July 31, 2019 and January 31, 2019, respectively. The remaining repayment terms of the structured payment agreements range from one to 30 months.



	July 31, 2019			January 31, 2019
	(in thousands)
Inventories:
Raw materials	$	7,060		$	5,446
Finished goods	2,300			5,229
Work in progress	4,857			1,322
	14,217			11,997
Less allowance for obsolescence	(1,102		)	(1,223		)
Total inventories, net	$	13,115		$	10,774



	July 31, 2019			January 31, 2019
	(in thousands)
Seismic equipment lease pool and property and equipment:
Seismic equipment lease pool	$	143,894		$	147,519
Land and buildings	4,055			4,041
Furniture and fixtures	10,205			9,897
Autos and trucks	570			571
	158,724			162,028
Accumulated depreciation and amortization	(146,883		)	(147,873		)
Total seismic equipment lease pool and property and equipment, net	$	11,841		$	14,155

As of January 31, 2019, 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, 2019 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 July 31, 2019.