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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Apr. 30, 2020
Apr. 30, 2019
Cash flows from operating activities:    
Net loss $ (6,642) $ (2,415)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 1,701 2,131
Stock-based compensation 230 172
Impairment of intangible assets 2,531 0
Provision for inventory obsolescence 22 0
Gross profit from sale of lease pool equipment (850) (363)
Deferred tax expense 0 135
Changes in:    
Accounts receivable 3,728 76
Unbilled revenue (9) 5
Inventories (554) (501)
Prepaid expenses and other current assets 201 (672)
Income taxes receivable and payable 424 2
Accounts payable, accrued expenses and other current liabilities 300 (382)
Deferred revenue (153) (23)
Foreign exchange losses net of gains 0 (16)
Net cash provided by (used in) operating activities 929 (1,851)
Cash flows from investing activities:    
Purchases of seismic equipment held for lease (110) 0
Purchases of property and equipment (65) (366)
Sale of used lease pool equipment 1,414 730
Sale of business, net of cash sold 0 239
Net cash provided by investing activities 1,239 603
Cash flows from financing activities:    
Net proceeds from preferred stock offering 0 409
Preferred stock dividends (559) (471)
Net cash used in financing activities (559) (62)
Effect of changes in foreign exchange rates on cash, cash equivalents and restricted cash (138) (100)
Net decrease in cash, cash equivalents and restricted cash 1,471 (1,410)
Cash, cash equivalents and restricted cash, beginning of period 3,234 9,549
Cash, cash equivalents and restricted cash, end of period 4,705 8,139
Supplemental cash flow information:    
Interest paid 11 14
Income taxes paid 149 97
Purchases of seismic equipment held for lease in accounts payable at end of period $ 702 $ 0