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Stockholders' Equity (Tables)
9 Months Ended
Oct. 31, 2020
Equity [Abstract]  
Summary of Option Activity

The following is a summary of the Company’s option activity:

 

    Options     Weighted Average
Exercise Price
 
Outstanding – January 31, 2020     914,000     $ 0.77  
Exercisable – January 31, 2020     779,000     $ 0.71  
Granted     7,500     $ 1.16  
Exercised     (12,000 )   $ 0.60  
Forfeited/Cancelled     -     $ -  
Outstanding – October 31, 2020     909,500     $ 0.71  
Exercisable – October 31, 2020     899,500     $ 0.70  
Summary of Option Outstanding and Exercisable
      Options Outstanding         Options Exercisable
Exercise Price     Number
Outstanding
  Weighted
Average
Remaining
Contractual
Life (in years)
    Weighted
Average
Exercise Price
    Number
Exercisable
  Weighted
Average
Exercise Price
 
$ 0.39 – 1.38     909,500     1.90     $ 0.71     899,500   $ 0.70  
Schedule of Warrants Activity

The following is a summary of the Company’s warrant activity:

 

    Warrants    

Weighted Average

Exercise Price

 
Outstanding – January 31, 2020     6,056,664     $ 1.21  
Exercisable – January 31, 2020     6,056,664     $ 1.21  
Granted     -     $ -  
Exercised     (2,807,843 )   $ 1.00  
Forfeited/Cancelled     (37,037 )   $ 1.00  
Outstanding – October 31, 2020     3,211,784     $ 1.39  
Exercisable – October 31, 2020     3,211,784     $ 1.39  
Schedule of Warrants Outstanding and Exercisable
Warrants Outstanding     Warrants Exercisable  
Exercise Price    

Number

Outstanding

   

Weighted

Average

Remaining

Contractual

Life (in years)

   

Weighted

Average

Exercise Price

   

Number

Exercisable

   

Weighted

Average

Exercise Price

 
$ 1.00 – 1.50       3,211,784       0.03     $ 1.39       3,211,784     $ 1.39