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Condensed Consolidated Balance Sheets - USD ($)
Jul. 31, 2018
Jan. 31, 2018
Current assets:    
Cash and cash equivalents $ 3,246,395 $ 4,619,834
Accounts receivable, net of allowance for doubtful accounts of $267,221 and $349,058, respectively 2,238,088 3,001,170
Contract receivables 826,277 223,791
Prepaid hardware and third-party software for future delivery 0 5,858
Prepaid client maintenance contracts 560,004 506,911
Other prepaid assets 828,257 742,232
Other current assets 367,326 546,885
Total current assets 8,066,347 9,646,681
Property and equipment:    
Computer equipment 2,876,707 2,852,776
Computer software 704,562 730,950
Office furniture, fixtures and equipment 662,157 683,443
Leasehold improvements 582,271 729,348
Property and equipment, gross 4,825,697 4,996,517
Accumulated depreciation and amortization (3,956,221) (3,834,153)
Property and equipment, net 869,476 1,162,364
Contract receivables, less current portion 683,031 0
Capitalized software development costs, net of accumulated amortization of $19,304,635 and $18,658,183, respectively 5,190,076 4,307,351
Intangible assets, net of accumulated amortization of $7,438,679 and $6,968,786, respectively 5,365,257 5,835,151
Goodwill 15,537,281 15,537,281
Other 378,672 642,226
Total non-current assets 28,023,793 27,484,373
Total assets 36,090,140 37,131,054
Current liabilities:    
Accounts payable 789,239 421,425
Accrued compensation 883,386 342,351
Accrued other expenses 1,402,972 609,582
Current portion of term loan 596,984 596,984
Deferred revenues 8,273,251 9,481,807
Other 37,135  
Total current liabilities 11,982,967 11,452,149
Non-current liabilities:    
Term loan, net of current portion and deferred financing cost of $92,808 and $128,275, respectively 3,638,328 3,901,353
Royalty liability 874,437 2,469,193
Deferred revenues, less current portion 882,672 332,645
Other 316,514 274,128
Total non-current liabilities 5,711,951 6,977,319
Total liabilities 17,694,918 18,429,468
Series A 0% Convertible Redeemable Preferred Stock, $.01 par value per share, $8,686,392 and $8,849,985 redemption value, 4,000,000 shares authorized, 2,895,464 and 2,949,995 shares issued and outstanding, respectively 8,686,392 8,849,985
Stockholders' equity:    
Common stock, $.01 par value per share, 45,000,000 shares authorized; 20,039,893 and 20,005,977 shares issued and outstanding, respectively 200,399 200,060
Additional paid in capital 82,284,455 81,776,606
Accumulated deficit (72,776,024) (72,125,065)
Total stockholders' equity 9,708,830 9,851,601
Total liability and stockholders' equity $ 36,090,140 $ 37,131,054