Condensed Consolidated Balance Sheets (Unaudited) - USD ($)	Jul. 31, 2016	Jan. 31, 2016
Current assets:
Cash and cash equivalents	$ 6,513,326	$ 9,882,136
Accounts receivable, net of allowance for doubtful accounts of $204,654 and $155,407, respectively	3,800,134	4,199,315
Contract receivables	81,343	119,697
Prepaid hardware and third-party software for future delivery	5,992	5,858
Prepaid client maintenance contracts	840,908	956,913
Other prepaid assets	1,208,222	941,532
Other current assets	3,835	97,986
Total current assets	12,453,760	16,203,437
Property and equipment:
Computer equipment	2,689,226	2,647,135
Computer software	807,813	801,895
Office furniture, fixtures and equipment	683,443	683,443
Leasehold improvements	729,348	729,348
Property and equipment, gross	4,909,830	4,861,821
Accumulated depreciation and amortization	(3,026,510)	(2,407,746)
Property and equipment, net	1,883,320	2,454,075
Contract receivables, less current portion	0	8,711
Capitalized software development costs, net of accumulated amortization of $16,345,910 and $14,919,948, respectively	5,634,236	6,123,638
Intangible assets, net of accumulated amortization of $5,322,567 and $4,671,675, respectively	7,504,433	8,155,325
Deferred financing costs, net of accumulated amortization of zero and $84,531, respectively	0	270,147
Goodwill	16,184,667	16,184,667
Other	824,032	746,018
Total non-current assets	32,030,688	33,942,581
Total assets	44,484,448	50,146,018
Current liabilities:
Accounts payable	733,179	1,136,779
Accrued compensation	542,120	935,324
Accrued other expenses	238,401	328,551
Current portion of term loan	786,108	673,807
Deferred revenues	9,982,283	10,447,280
Current portion of capital lease obligations	223,749	592,642
Total current liabilities	12,505,840	14,114,383
Non-current liabilities:
Term loan	5,438,932	7,861,084
Warrants liability	143,257	205,113
Royalty liability	2,355,998	2,291,888
Lease incentive liability	364,500	369,406
Capital lease obligations	23,188	93,257
Deferred revenues, less current portion	918,295	1,212,709
Total non-current liabilities	9,244,170	12,033,457
Total liabilities	21,750,010	26,147,840
Series A 0% Convertible Redeemable Preferred Stock, $.01 par value per share, $8,849,985 redemption value, 4,000,000 shares authorized, 2,949,995 shares issued and outstanding, net of unamortized preferred stock discount of $72,710 and $875,935, respectively	8,777,275	7,974,050
Stockholders’ equity:
Common stock, $.01 par value per share, 45,000,000 shares authorized; 19,639,774 and 18,783,540 shares issued and outstanding, respectively	196,398	187,836
Additional paid in capital	79,836,959	79,700,577
Accumulated deficit	(66,076,194)	(63,864,285)
Total stockholders’ equity	13,957,163	16,024,128
Total liability and stockholders' equity	$ 44,484,448	$ 50,146,018