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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Jan. 31, 2022
Jan. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net (loss) income $ (251,926) $ 4,067,206
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation 779,442 663,001
Amortization of debt discount 2,437 17,864
Amortization of right of use assets 190,798 138,311
Amortization of intangibles 43,660
Share-based compensation 32,918 52,895
Change in deferred tax asset 296,472 (744,973)
Changes in operating assets and liabilities:    
Accounts receivable (938,409) (245,906)
Inventories (474,527) 51,206
Prepaid expenses 254,220 (267,619)
Security deposits (32,072)
Accounts payable and accrued expenses 1,175,677 99,249
Operating lease liability (168,849) (132,694)
Net Cash Provided by Operating Activities 909,841 3,698,540
CASH FLOWS FROM INVESTING ACTIVITIES:    
Cash paid for fixed assets (862,415) (419,373)
Cash paid for intangible assets (32,567)
Acquisition of companies – net of cash acquired (10,408,542)
Net Cash Used in Investing Activities (11,270,957) (451,940)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayment of related party notes payable (641,844)
Borrowings from term loan 7,500,000
Cash paid for financing fees (63,750)
Repayments of term loan (441,663)
Proceeds from promissory note 330,505
Repayment of promissory note (330,505)
Borrowings (repayments) of line of credit, net 765,000 (2,997,348)
Repayment of capital lease obligations (199,176) (156,450)
Proceeds from exercise of options 19,080 14,400
Proceeds from exercise of warrants 3,773,182
Net Cash Provided by (Used in) Financing Activities 8,021,154 (449,723)
Net Increase (Decrease) in Cash (2,339,962) 2,796,877
Cash - Beginning of Period 3,190,560 393,683
Cash - End of Period 850,598 3,190,560
SUPPLEMENTARY CASH FLOW INFORMATION:    
Income taxes
Interest 52,221 174,735
SUPPLEMENTARY DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Operating right of use asset additions 2,457,502
Finance lease asset additions 128,050 401,387
Acquisition of software via contract liability 55,072
Related party loan to finance acquisition $ 3,000,000