Income Taxes (Tables)

12 Months Ended

Jan. 31, 2017

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax (Expense) Benefit

Income taxes consist of the following:

	Fiscal Year
	2016			2015
Current tax (expense) benefit:
Federal	$	15,000		$	—
State	(2,976		)	(17,578		)
Total current provision	12,024			(17,578		)
Deferred tax benefit:
Federal	—			8,838
State	—			737
Total Deferred tax benefit	—			9,575
Current and deferred tax (expense) benefit	$	12,024		$	(8,003	)

Schedule of Effective Income Tax Rate Reconciliation

The income tax (expense) benefit for income taxes differs from the amount computed using the federal statutory income tax rate as follows:

	Fiscal Year
	2016			2015
Federal tax benefit at statutory rate	$	1,771,675		$	1,455,816
State and local taxes, net of federal benefit (expense)	84,402			(267,997		)
Change in valuation allowance	(2,134,096		)	(1,629,786		)
Permanent items:
Incentive stock options	(361,245		)	(513,708		)
Escrow refund	—			255,000
Change in fair value of warrants liability	54,033			553,951
Goodwill basis difference recognized upon asset sale	(220,112		)	—
Section 162(m) disallowance	(22,647		)	—
Other	(23,272		)	(28,914		)
Reserve for uncertain tax position	(262,525		)	—
R&D Credit (Federal)	1,045,453			—
R&D Credit (State)	267,172			—
Other	(186,814		)	167,635
Income tax (expense) benefit	$	12,024		$	(8,003	)

Schedule of Deferred Tax Assets and Liabilities

The income tax effects of these temporary differences and credits are as follows:

	January 31,
	2017			2016
Deferred tax assets:
Allowance for doubtful accounts	$	72,886		$	58,379
Deferred revenue	282,112			244,163
Accruals	120,165			203,291
Net operating loss carryforwards	15,141,861			15,179,685
Stock compensation expense	501,120			592,654
Property and equipment	132,934			78,295
AMT credit	102,144			102,144
R&D credit	1,050,100			—
Other	106,833			17,794
Total deferred tax assets	17,510,155			16,476,405
Valuation allowance	(16,318,124		)	(14,184,030		)
Net deferred tax assets	1,192,031			2,292,375
Deferred tax liabilities:
Definite-lived intangible assets	(1,192,031		)	(2,292,375		)
Total deferred tax liabilities	(1,192,031		)	(2,292,375		)
Net deferred tax liabilities	$	—		$	—

Summary of Income Tax Contingencies

A reconciliation of the beginning and ending amounts of gross unrecognized tax benefits (excluding interest and penalties) is as follows:

	2016		2015
Beginning of fiscal year	$	—	$	—
Additions for tax positions for the current year	59,000		—
Additions for tax positions of prior years	231,000		—
End of fiscal year	$	290,000	$	—