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Stockholders’ Equity (Tables)
3 Months Ended
Apr. 30, 2023
Equity [Abstract]  
Schedule of Restricted Stock Option Activity

The following is a summary of the Company’s restricted stock units activity:

 

   

Restricted

Stock Units

   

Weighted Average

Exercise Price

 
Unvested – February 1, 2023     367,647     $ 1.36  
Granted     39,773     $ 1.76  
Vested     -     $ -  
Forfeited     -     $ -  
Outstanding – April 30, 2023     407,420     $ 1.40  
Summary of Option Activity

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

 

    Options    

Weighted Average

Exercise Price

 
Outstanding – February 1, 2023     689,000     $ 0.77  
Exercisable – February 1, 2023     539,000     $ 0.57  
Granted     -     $ -  
Exercised     (200,000 )   $ 0.39  
Outstanding – April 30, 2023     489,000     $ 0.93  
Exercisable – April 30, 2023     339,000     $ 0.68  
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

 
$0.521.48     489,000   2.95   $0.93   339,000  $0.68 
Schedule of Warrants Activity

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

 

   Warrants  

Weighted

Average

Exercise Price

 
Outstanding – February 1, 2023   13,650   $2.25 
Exercisable – February 1, 2023   13,650   $2.25 
Granted   -   $- 
Exercised   -   $- 
Outstanding –April 30, 2023   13,650   $2.25 
Exercisable – April 30, 2023   13,650   $2.25 
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

 
$2.25   13,650   4.37   $2.25   13,650  $2.25