Consolidated Balance Sheets - USD ($)	Jan. 31, 2016	Jan. 31, 2015
Current assets:
Cash and cash equivalents	$ 9,882,136	$ 6,522,600
Accounts receivable, net of allowance for doubtful accounts of $155,407 and $665,962, respectively	4,199,315	6,935,270
Contract receivables	119,697	191,465
Prepaid hardware and third party software for future delivery	5,858	55,173
Prepaid client maintenance contracts	956,913	935,858
Other prepaid assets	941,532	1,437,680
Deferred income taxes	0	220,004
Other current assets	97,986	207,673
Total current assets	16,203,437	16,505,723
Property and equipment:
Computer equipment	2,647,135	2,381,923
Computer software	801,895	964,857
Office furniture, fixtures and equipment	683,443	683,443
Leasehold improvements	729,348	724,015
Property and equipment, gross	4,861,821	4,754,238
Accumulated depreciation and amortization	(2,407,746)	(1,617,423)
Property and equipment, net	2,454,075	3,136,815
Contract receivables, less current portion	8,711	43,553
Capitalized software development costs, net of accumulated amortization of $14,919,948 and $11,846,468, respectively	6,123,638	9,197,118
Intangible assets, net	8,155,325	9,500,317
Deferred financing costs, net of accumulated amortization of $84,531 and $13,677, respectively	270,147	387,199
Goodwill	16,184,667	16,184,667
Other non-current assets	746,018	823,723
Total non-current assets	33,942,581	39,273,392
Total assets	50,146,018	55,779,115
Current liabilities:
Accounts payable	1,136,779	2,298,851
Accrued compensation	935,324	865,865
Accrued other expenses	328,551	563,838
Current portion of term loan	673,807	500,000
Deferred revenues	10,447,280	9,289,076
Current portion of capital lease obligation	592,642	781,961
Total current liabilities	14,114,383	14,299,591
Non-current liabilities:
Term loan	7,861,084	9,500,000
Warrants liability	205,113	1,834,380
Royalty liability	2,291,888	2,385,826
Lease incentive liability, less current portion	369,406	342,129
Capital lease obligation	93,257	582,911
Deferred revenues, less current portion	1,212,709	964,933
Deferred income tax liabilities	0	229,579
Total non-current liabilities	12,033,457	15,839,758
Total liabilities	26,147,840	30,139,349
Series A 0% Convertible Redeemable Preferred Stock, $.01 par value per share, $8,849,985 redemption and liquidation value, 4,000,000 shares authorized, 2,949,995 issued and outstanding, net of unamortized preferred stock discount of $875,935 and $2,212,007, respectively	7,974,050	6,637,978
Stockholders’ equity:
Common stock, $.01 par value per share, 45,000,000 shares authorized; 18,783,540 and 18,553,389 shares issued and outstanding, respectively	187,836	185,534
Additional paid in capital	79,700,577	78,390,424
Accumulated deficit	(63,864,285)	(59,574,170)
Total stockholders’ equity	16,024,128	19,001,788
Total liability and stockholders' equity	$ 50,146,018	$ 55,779,115