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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Jan. 31, 2020
Jan. 31, 2019
Cash flows from operating activities:    
Net income $ 3,281 $ 1,459
Adjustments to reconcile net income to net cash provided by operating activities    
Provision for (recovery of) doubtful accounts 63 (45)
Deferred income taxes 1,328 290
Depreciation and amortization 1,645 965
Stock based and restricted stock compensation (403) 744
Loss on disposal of property and equipment 19 18
Impairment write-down on assets held for sale 0 150
Non-cash operating lease expense 957 0
(Increase) decrease in operating assets:    
Accounts receivable (1,414) (2,549)
Inventories (2,156) 152
Prepaid VAT and other taxes 250 641
Other current assets 102 (560)
Increase (decrease) in operating liabilities:    
Accounts payable 1,090 (372)
Accrued expenses and other liabilities (220) 892
Operating lease liabilities (952) 0
Net cash provided by operating activities 3,590 1,785
Cash flows from investing activities:    
Purchases of property and equipment (1,033) (3,103)
Net cash used in investing activities (1,033) (3,103)
Cash flows from financing activities    
Loan repayments, short-term (158) (206)
Loan borrowings, short-term 0 175
Loan repayments, long-term 0 (151)
UK borrowings (repayments) under line of credit facility and invoice financing facilities, net 0 (178)
Purchase of Treasury Stock under stock repurchase program (506) (1,165)
Shares returned to pay employee taxes under restricted stock program (24) (26)
Net cash (used in) provided by financing activities (688) (1,551)
Effect of exchange rate changes on cash and cash equivalents (94) (88)
Net increase in cash and cash equivalents 1,775 (2,957)
Cash and cash equivalents at beginning of year 12,831 15,788
Cash and cash equivalents at end of year 14,606 12,831
Cash paid for interest 116 125
Cash paid for taxes 1,700 1,667
Non-cash investing and financing activities    
Leased assets obtained in exchange for operating lease liabilities $ 3,180 $ 0