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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Jan. 31, 2019
Jan. 31, 2018
Cash flows from operating activities:    
Net income $ 1,459 $ 440
Adjustments to reconcile net income to net cash provided by operating activities    
Provision for (recovery of) doubtful accounts (45) 63
Deferred income taxes 290 5,957
Depreciation and amortization 965 775
Stock based and restricted stock compensation 744 424
Loss on disposal of property and equipment 18 3
Impairment write-down on assets held for sale 150 751
(Increase) decrease in operating assets:    
Accounts receivable (2,549) (3,068)
Inventories 152 (6,992)
Prepaid VAT and other taxes 280 (759)
Other current assets (199) 550
Increase (decrease) in operating liabilities:    
Accounts payable (372) 1,753
Accrued expenses and other liabilities 892 860
Net cash used by the sale of Brazil 0 (109)
Net cash provided by operating activities 1,785 648
Cash flows from investing activities:    
Purchases of property and equipment (3,103) (905)
Net cash used in investing activities (3,103) (905)
Cash flows from financing activities:    
Net borrowings (repayments) under revolving credit facility 0 (4,865)
Loan repayments, short-term (206) (147)
Loan borrowings, short-term 175 101
Loan repayments, long-term (151) (854)
Loan borrowings, long-term 0 1,575
UK borrowings (repayments) under line of credit facility and invoice financing facilities, net (178) 31
Purchase of Treasury Stock under stock repurchase program (1,165) 0
Shares returned to pay employee taxes under restricted stock program (26) (376)
Proceeds from public offering, net of issuance costs 0 10,114
Net cash (used in) provided by financing activities (1,551) 5,579
Effect of exchange rate changes on cash and cash equivalents (88) 101
Net increase in cash and cash equivalents (2,957) 5,423
Cash and cash equivalents at beginning of year 15,788 10,365
Cash and cash equivalents at end of year 12,831 15,788
Cash paid for interest 125 163
Cash paid for taxes $ 1,667 $ 1,260