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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Oct. 31, 2024
Oct. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 2,111 $ 5,153
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 1,057 767
Amortization of debt discount 13 17
Amortization of right of use assets (167) 221
Amortization of intangibles 1,156 692
Stock-based compensation 801 220
Allowance for obsolete inventory 0 78
Change in deferred tax asset 90 299
Income from equity method investment 0 (223)
Changes in operating assets and liabilities:    
Allowance for credit losses 0 140
Accounts receivable (708) (1,170)
Inventories 120 986
Prepaid expenses and other current assets (491) (179)
Security deposits 0 (35)
Accounts payable and accrued expenses 1,872 (1,851)
Operating lease liability 180 (237)
Net Cash Provided by Operating Activities 6,034 4,878
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of fixed assets (5,022) (671)
Cash paid for investment in Chef Inspirational Foods, LLC, net 0 (646)
Net Cash (Used in) Investing Activities (5,022) (1,317)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayment of term loan (1,274) (1,265)
Repayment of line of credit, net 0 (890)
Repayment of related party note (1,200) 0
Repayment of finance lease obligations (296) (175)
Payment of Series B Preferred dividends 0 (49)
Proceeds from exercise of stock options 55 65
Net Cash (Used in) Financing Activities (2,715) (2,314)
Net (Decrease) Increase in Cash (1,703) 1,247
Cash and cash equivalents at beginning of period 11,022 4,378
Cash and cash equivalents at end of period 9,319 5,625
SUPPLEMENTARY CASH FLOW INFORMATION:    
Income taxes 947 112
Interest 329 477
SUPPLEMENTARY DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Conversion of series B preferred stock to common stock 0 0
Finance lease asset additions 511 1,297
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 previously paid $ 937 $ 0