FAIR VALUE MEASUREMENTS (Tables)

3 Months Ended

Apr. 30, 2017

FAIR VALUE MEASUREMENTS

Schedule of Fair Value of Warrant Liability Classified as Level 3 Liabilities

The table below presents the activity within Level 3 of the fair value hierachy (in thousands):

		Warrant Liability
Balance as of January 31, 2017	$	403
Change in fair value of warrants		364
Balance as of April 30, 2017	$	767