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GOODWILL AND INTANGIBLE ASSETS (Tables)
12 Months Ended
Jan. 31, 2024
GOODWILL AND INTANGIBLE ASSETS  
Schedule of changes in goodwill

 

 

2024

 

 

2023

 

Balance at February 1

 

$8,473

 

 

$871

 

Measurement period adjustment

 

 

1,447

 

 

----

 

Acquisitions

 

 

3,749

 

 

 

7,602

 

Balance at January 31

 

$13,669

 

 

$8,473

 

Schedule of changes in intangible assets

 

 

2024

 

 

2023

 

Balance at February 1

 

$6,042

 

 

$

----

 

Acquisitions

 

 

1,211

 

 

 

6,109

 

Amortization

 

 

(423)

 

 

(67)

Balance at January 31

 

$6,830

 

 

$6,042

 

Schedule of intangible assets

 

 

 

 

January 31, 2024

 

 

January 31, 2023

 

Intangible Assets (in $000s)

 

Weighted Average Life in Years

 

 

Gross Carrying Amount

 

 

Accumulated Amortization

 

 

Net Carrying Amount

 

 

Gross Carrying Amount

 

 

Accumulated Amortization

 

 

Net Carrying Amount

 

Customer relationships

 

15

 

 

$3,558

 

 

$(267)

 

$3,291

 

 

$3,283

 

 

$(37)

 

$3,246

 

Trade names and trademarks

 

15

 

 

 

1,773

 

 

 

(109)

 

 

1,664

 

 

 

1,333

 

 

 

(15)

 

 

1,318

 

Technological know-how

 

15

 

 

 

1,989

 

 

 

(114)

 

 

1,875

 

 

 

1,493

 

 

 

(15)

 

 

1,478

 

Total

 

 

 

 

 

$7,320

 

 

$(490)

 

$6,830

 

 

$6,109

 

 

$(67)

 

$6,042