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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Apr. 30, 2023
Apr. 30, 2022
Operating activities    
Net loss $ (1,442) $ (5,084)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 1,195 1,129
Non-cash lease benefits (165) (126)
Provision for doubtful accounts 15 15
Amortization of debt issuance costs 26 43
Deferred income taxes (448) (370)
Stock-based compensation 103 253
Amortization of net actuarial loss for pension plans 0 135
Non-cash unrealized gain on investment (299) 0
Changes in operating assets and liabilities:    
Trade accounts receivable 2,896 4,428
Other receivables 33 33
Inventories (18,234) (18,924)
Income taxes (296) 22
Prepaid expenses and other current assets (490) (180)
Accounts payable and accrued liabilities 5,391 (340)
Net cash used in operating activities (11,715) (18,966)
Investing activities:    
Capital expenditures (1,533) (609)
Net cash used in investing activities (1,533) (609)
Financing activities:    
Borrowing from long-term debt 15,241 19,759
Repayment of long-term debt (2,300) (804)
Payment on deferred financing costs (125) (200)
Net cash provided by financing activities 12,816 18,755
Net decrease in cash (432) (820)
Cash at beginning of period 1,057 1,359
Cash at end of period $ 625 $ 539