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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
9 Months Ended
Oct. 31, 2024
Oct. 31, 2023
Cash flows from operating activities:    
Net income $ 363 $ 6,402
Adjustments to reconcile net income to net cash provided by operating activities    
Deferred income taxes (431) (1,783)
Depreciation and amortization 3,011 1,609
Stock based and restricted stock compensation 1,081 747
(Gain) loss on disposal of property and equipment 75 (1)
Equity in loss of equity investment 384 354
Change in fair value of earnout consideration (711) (2,689)
(Increase) decrease in operating assets    
Accounts receivable (3,219) (994)
Inventories (11,958) 3,211
Prepaid VAT and other taxes (218) (670)
Other current assets (2,019) 285
Increase (decrease) in operating liabilities    
Accounts payable 7,197 141
Accrued expenses and other liabilities (4,147) 235
Operating lease liabilities (1,902) 886
Net cash (used in) provided by operating activities (12,494) 7,733
Cash flows from investing activities:    
Purchases of property and equipment (1,485) (1,505)
Acquisitions, net of cash acquired (22,950) 0
Investments 0 (1,510)
Investments in convertible debt instruments (952) 0
Net cash (used in) investing activities: (25,387) (3,015)
Cash flows from financing activities:    
Credit facility borrowings 29,900 0
Term loan borrowings 2,880 0
Payments on debt facilities (3,418) (405)
Purchase of treasury stock under stock repurchase program 0 (333)
Dividends paid (664) (687)
Shares returned to pay employee taxes under restricted stock program (447) (420)
Net cash provided by (used in) financing activities 28,251 (1,845)
Effect of exchange rate changes on cash and cash equivalents 247 (1,087)
Net increase (decrease) in cash and cash equivalents (9,383) (1,786)
Cash and cash equivalents at beginning of period 25,222 24,639
Cash and cash equivalents at end of period 15,839 26,425
Supplemental disclosure of cash flow information:    
Cash paid for interest 1,032 22
Cash paid for taxes 2,631 1,745
Noncash investing and financing activities    
Leased assets obtained in exchange for operating lease liabilities $ 1,601 $ 4,099