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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Jan. 31, 2020
Jan. 31, 2019
Jan. 31, 2018
Revenues:      
Sale of marine technology products $ 29,538 $ 25,571 $ 27,420
Equipment leasing 11,206 11,427 7,826
Sale of lease pool and other equipment 1,931 5,944 13,030
Total revenues 42,675 42,942 48,276
Cost of sales:      
Sale of marine technology products 16,481 14,863 16,686
Equipment leasing (including lease pool depreciation of $4,959, $9,186 and $14,370 at January 31, 2020, 2019 and 2018, respectively) 8,983 13,522 17,764
Equipment sales 590 2,817 7,742
Total cost of sales 26,054 31,202 42,192
Gross profit 16,621 11,740 6,084
Operating expenses:      
Selling, general and administrative 19,716 20,905 19,663
Research and development 1,850 1,159 1,502
Provision for doubtful accounts 2,000 200 1,013
Impairment of intangible assets 760 0 1,466
Depreciation and amortization 2,670 2,496 2,148
Total operating expenses 26,996 24,760 25,792
Operating loss (10,375) (13,020) (19,708)
Other income (expense):      
Loss on sale (including $5,355 of cumulative translation loss) 0 (5,405) 0
Reserve against non-current prepaid income taxes 0 (1,211) 0
Interest (expense) income, net (46) 72 47
Other, net 12 (24) (498)
Total other expense (34) (6,568) (451)
Loss before income taxes (10,409) (19,588) (20,159)
Provision for income taxes (878) (252) (910)
Net loss (11,287) (19,840) (21,069)
Preferred stock dividends (2,050) (1,708) (905)
Net loss attributable to common shareholders $ (13,337) $ (21,548) $ (21,974)
Net loss per common share:      
Basic (in usd per share) $ (1.10) $ (1.78) $ (1.82)
Diluted (in usd per share) $ (1.10) $ (1.78) $ (1.82)
Shares used in computing loss per common share:      
Basic (in shares) 12,143 12,105 12,084
Diluted (in shares) 12,143 12,105 12,084