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Condensed Consolidated Balance Sheets - USD ($)
Oct. 31, 2018
Jan. 31, 2018
Current assets:    
Cash and cash equivalents $ 1,144,559 $ 4,619,834
Accounts receivable, net of allowance for doubtful accounts of $307,736 and $349,058, respectively 1,562,074 3,001,170
Contract receivables 1,231,969 223,791
Prepaid hardware and third-party software for future delivery 0 5,858
Prepaid client maintenance contracts 469,335 506,911
Other prepaid assets 662,051 742,232
Other current assets 406,143 546,885
Total current assets 5,476,131 9,646,681
Property and equipment:    
Computer equipment 1,414,876 2,852,776
Computer software 666,442 730,950
Office furniture, fixtures and equipment   683,443
Leasehold improvements   729,348
Property and equipment, gross 2,081,318 4,996,517
Accumulated depreciation and amortization (1,804,305) (3,834,153)
Property and equipment, net 277,013 1,162,364
Contract receivables, less current portion 614,725 0
Capitalized software development costs, net of accumulated amortization of $19,553,507 and $18,658,183, respectively 5,700,270 4,307,351
Intangible assets, net of accumulated amortization of $7,673,626 and $6,968,786, respectively 5,130,311 5,835,151
Goodwill 15,537,281 15,537,281
Other 328,843 642,226
Total non-current assets 27,588,443 27,484,373
Total assets 33,064,574 37,131,054
Current liabilities:    
Accounts payable 1,469,954 421,425
Accrued compensation 941,349 342,351
Accrued other expenses 1,089,304 609,582
Current portion of term loan 596,984 596,984
Deferred revenues 5,845,779 9,481,807
Other 22,281  
Total current liabilities 9,965,651 11,452,149
Non-current liabilities:    
Term loan, net of current portion and deferred financing cost of $75,074 and $128,275, respectively 3,506,816 3,901,353
Royalty liability 889,654 2,469,193
Deferred revenues, less current portion 752,093 332,645
Other 112,848 274,128
Total non-current liabilities 5,261,411 6,977,319
Total liabilities 15,227,062 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; 20,127,703 and 20,005,977 shares issued and outstanding, respectively 201,277 200,060
Additional paid in capital 82,404,377 81,776,606
Accumulated deficit (73,454,534) (72,125,065)
Total stockholders' equity 9,151,120 9,851,601
Total liability and stockholders' equity $ 33,064,574 $ 37,131,054