Note 10 - Employee Benefit Plans

12 Months Ended

Jan. 31, 2017

Notes to Financial Statements

Compensation and Employee Benefit Plans [Text Block]

10. Employee Benefit Plans

We have a Savings and Retirement Plan (the “Plan”) that provides benefits to eligible employees. Under the Plan, as amended and restated effective

February

1,

2012,

employees are eligible to participate on the

first

of the month following

30

days of employment, provided they are at least

18

years of age, by contributing between

1

 percent and

20

 percent of pre-tax earnings. Company contributions match employee contributions at levels as specified in the Plan document. In addition, we

may

contribute a portion of our net profits as determined by our Board of Directors. Participants are vested immediately in their voluntary contributions plus actual earnings thereon. Company contributions plus actual earnings thereon generally vest ratably over a

four

year period.

We have obligations to match employee contributions made to the Plan. Generally, our obligation is equal to

100%

of up to

5%

of employees’ contribution amounts. If we are unable to meet the requisite matching, the Plan

may

need to be amended.

The Company made

no

matching contributions with respect to the Plan during the years ended

January

31,

2017

and

2016.