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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Jan. 31, 2025
Jan. 31, 2024
Cash flows from operating activities:    
Net (loss) income $ (18,075) $ 5,425
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities    
Provision for doubtful accounts 184 57
Deferred income taxes (4,086) (818)
Depreciation and amortization 3,316 2,111
Amortization of step-up in inventory basis 1,036 0
Stock based compensation 1,558 1,365
Loss (gain) on disposal of property and equipment 61 (3,764)
Equity in loss of equity method investment 384 629
Change in fair value of earnout consideration (711) (2,538)
Impairment of equity method investment 7,639 0
Impairment of goodwill 10,538 0
(Increase) decrease in operating assets, net of effects of business acquisitions:    
Accounts receivable (2,828) (843)
Inventories (14,242) 7,738
Prepaid VAT and other taxes 244 (789)
Other current assets (1,477) (15)
Increase (decrease) in operating liabilities:    
Accounts payable 5,979 417
Accrued expenses and other liabilities (3,500) 982
Operating lease liabilities (1,901) 955
Net cash (used in) provided by operating activities (15,881) 10,912
Cash flows from investing activities:    
Purchases of property and equipment (1,540) (2,069)
Proceeds from sale of fixed assets 0 4,559
Acquisition, net of cash acquired (45,084) (5,452)
Investments (1,118) (2,154)
Net cash used in investing activities (47,742) (5,116)
Cash flows from financing activities    
Secondary stock offering proceeds 42,626 0
Term loan borrowings 2,688 0
Term loan repayments (635) (1,386)
Credit line borrowings 59,400 5,664
Credit line borrowings - repayments (46,158) (5,664)
UK borrowings (repayments) under line of credit facility 0 (405)
Dividends paid (887) (908)
Repurchase of common stock 0 (333)
Shares returned to pay employee taxes under restricted stock program (446) (420)
Net cash provided by (used in) financing activities 56,588 (3,452)
Effect of exchange rate changes on cash and cash equivalents (711) (1,761)
Net (decrease) increase in cash and cash equivalents (7,746) 583
Cash and cash equivalents at beginning of year 25,222 24,639
Cash and cash equivalents at end of year 17,476 25,222
Cash paid for interest 1,650 63
Cash paid for taxes $ 3,219 $ 2,169