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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jul. 31, 2021
Jan. 31, 2021
Current assets:    
Cash and cash equivalents $ 2,056 $ 4,611
Accounts receivable, net of allowance for doubtful accounts of $481 and $948 at July 31, 2021 and January 31, 2021, respectively 5,100 4,747
Inventories, net 11,928 11,453
Prepaid expenses and other current assets 1,190 1,659
Assets held for sale 3,312 4,321
Total current assets 23,586 26,791
Property and equipment, net 4,440 4,751
Operating lease right-of-use assets 1,568 1,471
Intangible assets, net 6,455 6,750
Total assets 36,049 39,763
Current liabilities:    
Accounts payable 2,148 1,704
Deferred revenue 459 208
Accrued expenses and other current liabilities 2,651 2,912
Income taxes payable 1,002 1,041
Operating lease liabilities - current 567 1,008
Liabilities held for sale 705 963
Total current liabilities 7,532 7,836
Operating lease liabilities - non-current 1,001 463
Notes payable 0 850
Deferred tax liability 198 198
Total liabilities 8,731 9,347
Stockholders’ equity:    
Preferred stock, $1.00 par value; 2,000 shares authorized; 1,223 and 1,038 shares issued and outstanding at July 31, 2021 and January 31, 2021, respectively 27,606 23,104
Common stock, $0.01 par value; 40,000 shares authorized; 15,704 and 15,681 shares issued at July 31, 2021 and January 31, 2021, respectively 157 157
Additional paid-in capital 128,519 128,241
Treasury stock, at cost (1,931 and 1,929 shares at July 31, 2021 and January 31, 2021, respectively) (16,862) (16,860)
Accumulated deficit (107,780) (99,870)
Accumulated other comprehensive loss (4,322) (4,356)
Total stockholders’ equity 27,318 30,416
Total liabilities and stockholders’ equity $ 36,049 $ 39,763