XML 16 R5.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended
Apr. 30, 2017
Apr. 30, 2016
Cash flows from operating activities:    
Net loss $ (5,397,000) $ (4,461,000)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation expense 385,000 273,000
Depreciation expense 12,000 16,000
Amortization expense   7,000
Change in fair value of warrant liability 364,000  
Changes in assets and liabilities:    
Accounts receivable 1,000 1,000
Inventories 8,000 24,000
Prepaid expenses and other assets 44,000  
Accounts payable (243,000) 617,000
Accrued expenses and other liabilities 600,000 (74,000)
Net cash used in operating activities (4,226,000) (3,597,000)
Cash flows from investing activities:    
Purchases of property and equipment (10,000) (5,000)
Net cash used in investing activities (10,000) (5,000)
Cash flows from financing activities:    
Proceeds from the issuance of common stock and warrants, net of issuance costs 4,444,000 3,583,000
Proceeds from exercises of stock options   18,000
Net cash provided by financing activities 4,444,000 3,601,000
Net increase (decrease) in cash and cash equivalents 208,000 (1,000)
Cash and cash equivalents at beginning of period 6,501,000 4,039,000
Cash and cash equivalents at end of period $ 6,709,000 $ 4,038,000