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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jan. 31, 2023
Jan. 31, 2022
Jan. 31, 2021
Cash Flows from Operating Activities:      
Net Income $ 2,661 $ 6,429 $ 1,284
Adjustments to Reconcile Net Income to Net Cash (Used) Provided By Operating Activities:      
Depreciation and Amortization 3,916 3,994 5,983
Amortization of Debt Issuance Costs 25 44 75
Share-Based Compensation 1,290 1,493 1,819
Loss on Disposal of Assets 0 696  
Gain on Extinguishment of Debt 0 (4,466)  
Deferred Income Tax Provision (Benefit) (1,336) 210 (1,021)
Changes in Assets and Liabilities, net of impact of acquisition:      
Accounts Receivable (1,234) 77 2,702
Other Receivable – Employee Retention Credit Receivable 3,135 (3,135)  
Inventories (11,581) (4,883) 4,247
Accounts Payable and Accrued Expenses (3,236) 4,052 (57)
Income Taxes Payable 1,710 (2,043) 1,482
Other 1,714 (1,074) (970)
Net Cash Provided (Used) by Operating Activities (2,936) 1,394 15,544
Cash Flows from Investing Activities:      
Cash Paid for Astro Machine Acquisition, net of cash acquired (17,034)    
Additions to Property, Plant and Equipment (229) (1,796) (2,587)
Net Cash Used by Investing Activities (17,263) (1,796) (2,587)
Cash Flows from Financing Activities:      
Net Cash Proceeds from Employee Stock Option Plans 85 60 9
Net Cash Proceeds from Share Purchases under Employee Stock Purchase Plan 70 96 95
Net Cash Used for Payment of Taxes Related to Vested Restricted Stock (261) (386) (111)
Net (Repayments)/Borrowings under Revolving Credit Facility 15,900   (6,500)
Payment of Minimum Guarantee Royalty Obligation (2,000) (2,000) (2,000)
Proceeds from Long-Term Debt – PPP Loan     4,422
Proceeds from Long-Term Debt Borrowings 6,000 10,000 15,232
Payoff of Long-Term Debt   (12,576) (11,732)
Principal Payments on Long-Term Debt (1,000) (750) (3,958)
Payments of Debt Issuance Costs (39)   (100)
Dividends Paid     (497)
Net Cash Provided (Used) by Financing Activities 18,755 (5,556) (5,140)
Effect of Foreign Exchange Rate Changes on Cash and Cash Equivalents 114 (205) (627)
Net Increase (Decrease) in Cash and Cash Equivalents (1,330) (6,163) 7,190
Cash and Cash Equivalents, Beginning of Year 5,276 11,439 4,249
Cash and Cash Equivalents, End of Year 3,946 5,276 11,439
Supplemental Information:      
Cash Paid During the Period for Interest 791 342 677
Cash Paid During the Period for Income Taxes, Net of Refunds 311 $ 2,414 $ 446
Non-Cash Transactions:      
Reclassifcation of Inventories to Property, Plant and Equipment 348    
Recognize intangible asset and royalty payable related to Honeywell Asset Purchase and License Agreement $ 530