LEASES (Tables)

12 Months Ended

Jan. 31, 2020

LEASES

Schedule of future minimum payments under operating lease

The future minimum payments under the Company’s operating lease as of January 31, 2020 are as follows (in thousands):

	Operating Lease
Fiscal years ending January 31,
2021	$	372
2022		382
2023		392
2024		334
Total future minimum lease payments		1,480
Less: present value discount		(459)
Present value of operating lease liabilities	$	1,021

Schedule of financing lease commitment

The following table summarizes the Company’s financing lease commitment as of January 31, 2020 (in thousands):

	Financing Leases
Fiscal years ending January 31,
2021	$	43
2022		22
2023		5
Total	$	70