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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jan. 31, 2024
Jan. 31, 2023
Jan. 31, 2022
Cash Flows from Operating Activities:      
Net Income $ 4,694 $ 2,661 $ 6,429
Adjustments to Reconcile Net Income to Net Cash Provided (Used) By Operating Activities:      
Depreciation and Amortization 4,266 3,916 3,994
Amortization of Debt Issuance Costs 23 25 44
Restructuring Cost 2,040    
Share-Based Compensation 1,347 1,290 1,493
Loss on Disposal of Assets 0 0 696
Gain on Extinguishment of Debt 0 0 (4,466)
Deferred Income Tax Provision (Benefit) (78) (1,336) 210
Changes in Assets and Liabilities, net of impact of acquisition:      
Accounts Receivable (1,486) (1,234) 77
Other Receivable – Employee Retention Credit Receivable 0 3,135 (3,135)
Inventories 2,910 (11,581) (4,883)
Accounts Payable and Accrued Expenses (46) (3,236) 4,052
Income Taxes Payable (343) 1,710 (2,043)
Other (973) 1,714 (1,074)
Net Cash Provided (Used) by Operating Activities 12,354 (2,936) 1,394
Cash Flows from Investing Activities:      
Cash Paid for Astro Machine Acquisition, net of cash acquired 0 (17,034)  
Additions to Property, Plant and Equipment (875) (229) (1,796)
Net Cash Used by Investing Activities (875) (17,263) (1,796)
Cash Flows from Financing Activities:      
Net Cash Proceeds from Employee Stock Option Plans 105 85 60
Net Cash Proceeds from Share Purchases under Employee Stock Purchase Plan 107 70 96
Net Cash Used for Payment of Taxes Related to Vested Restricted Stock (358) (261) (386)
Net (Repayments)/Borrowings under Revolving Credit Facility (7,000) 15,900  
Payment of Minimum Guarantee Royalty Obligation (1,725) (2,000) (2,000)
Proceeds from Long-Term Debt Borrowings 0 6,000 10,000
Payoff of Long-Term Debt     (12,576)
Principal Payments on Long-Term Debt (2,100) (1,000) (750)
Payments of Debt Issuance Costs 0 (39)  
Net Cash Provided (Used) by Financing Activities (10,971) 18,755 (5,556)
Effect of Foreign Exchange Rate Changes on Cash and Cash Equivalents 73 114 (205)
Net Increase (Decrease) in Cash and Cash Equivalents 581 (1,330) (6,163)
Cash and Cash Equivalents, beginning of year 3,946 5,276 11,439
Cash and Cash Equivalents, end of year 4,527 3,946 5,276
Supplemental Information:      
Cash Paid During the Period for Interest 2,343 791 342
Cash Paid During the Period for Income Taxes, net of refunds 1,694 311 $ 2,414
Non-Cash Transactions:      
Financed Equipment Purchase 822    
Reclassifcation of Inventories to Property, Plant and Equipment 0 348  
Recognize intangible asset and royalty payable related to Honeywell Asset Purchase and License Agreement $ 0 $ 530