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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jul. 31, 2024
Jul. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 1,701 $ 3,144
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 606 512
Amortization of debt discount 10 11
Amortization of right of use assets 270 112
Amortization of intangibles 768 304
Stock-based compensation 521 110
Allowance for obsolete inventory 0 93
Change in deferred tax asset 113 649
Income from equity method investment 0 (223)
Changes in operating assets and liabilities:    
Allowance for doubtful accounts 0 140
Accounts receivable (267) 1,127
Inventories 462 234
Prepaid expenses and other current assets (522) 347
Security deposits 0 (18)
Accounts payable and accrued expenses (2,161) (3,049)
Operating lease liability (267) (135)
Net Cash Provided by Operating Activities 1,234 3,358
CASH FLOWS FROM INVESTING ACTIVITIES:    
Cash paid for fixed assets (2,740) (253)
Cash paid for investment in Chef Inspirational Foods, LLC, net 0 (646)
Net Cash (Used in) Investing Activities (2,740) (899)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayment of term loan (776) (776)
Repayment of line of credit, net 0 (390)
Repayment of related party note (1,200) 0
Repayment of finance lease obligations (196) (93)
Payment of Series B Preferred dividends 0 (49)
Proceeds from exercise of stock options 44 28
Net Cash (Used in) Financing Activities (2,128) (1,280)
Net (Decrease) Increase in Cash (3,634) 1,179
Cash and cash equivalents at beginning of period 11,022 4,378
Cash and cash equivalents at end of period 7,388 5,557
SUPPLEMENTARY CASH FLOW INFORMATION:    
Income taxes 871 113
Interest 223 313
SUPPLEMENTARY DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Conversion of series B preferred stock to common stock 0 0
Finance lease asset additions 169 903
Right of use asset recognized 873 0
Write-off of right of use asset 897 0
Related party debt incurred for purchase of Chef Inspirational Foods, LLC 0 2,700
Settlement of liability in common stock 0 50
Issuance of stock for director settlement 450 0
Receipt of fixed assets for deposits which were previously placed $ 533 $ 0