Debt (Tables)

3 Months Ended

Apr. 30, 2017

Debt Disclosure [Abstract]

Summary of Term Loan and Line of Credit

Outstanding principal balances on debt consisted of the following at:

	April 30, 2017			January 31, 2017
Senior term loan	$	5,393,000		$	5,539,000
Capital lease	58,000			91,000
Total	5,451,000			5,630,000
Less: Current portion	(713,000		)	(747,000		)
Non-current portion of debt	$	4,738,000		$	4,883,000

Schedule of Future Minimum Lease Payments for Debt and Capital Leases

Future principal repayments of debt consisted of the following at April 30, 2017:

	Senior Term Loan (1)		Capital Lease (2)		Total
2017	$	492,000	$	58,000	$	550,000
2018	656,000		—		656,000
2019	4,426,000		—		4,426,000
Total repayments	$	5,574,000	$	58,000	$	5,632,000

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(1) Term loan balance on the condensed consolidated balance sheet is reported net of deferred financing costs of $181,000.

(2) Future minimum lease payments include principal plus interest.