PROPERTY AND EQUIPMENT, NET

12 Months Ended

Jan. 31, 2022

PROPERTY AND EQUIPMENT, NET

PROPERTY AND EQUIPMENT, NET

3. PROPERTY AND EQUIPMENT, NET

Property and equipment consists of the following:

	Useful Life in Years	January 31,
		2022			2021
		(000’s)			(000’s)
Machinery and equipment	3-10	$	4,826		$	5,095
Furniture and fixtures	3-10		1,067			1,065
Leasehold improvements	Lease term		2,237			1,735
Computer hardware and software	3		4,741			4,652
Land and building	20-30		9,183			9,183
			22,054			21,730
Less accumulated depreciation and amortization			(13,372	)		(12,007	)
Construction-in-progress			32			96
		$	8,714		$	9,819

Depreciation and amortization expense for FY22 and FY21 amounted to $1.9 million and $2.0 million, respectively.