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Summary of Significant Accounting Policies (Tables)
3 Months Ended
Apr. 30, 2015
Accounting Policies [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following is the calculation of the basic and diluted net loss per share of common stock:
 
Three Months Ended
 
April 30, 2015
 
April 30, 2014
Net loss
$
(1,866,033
)
 
$
(2,671,239
)
Less: deemed dividends on Series A Preferred Stock
(295,657
)
 
(229,766
)
Net loss attributable to common shareholders
$
(2,161,690
)
 
$
(2,901,005
)
Weighted average shares outstanding used in basic per common share computations
18,600,957

 
18,146,232

Stock options and restricted stock

 

Number of shares used in diluted per common share computation
18,600,957

 
18,146,232

Basic net loss per share of common stock
$
(0.12
)
 
$
(0.16
)
Diluted net loss per share of common stock
$
(0.12
)
 
$
(0.16
)