Note 7 - Income Taxes (Tables)

12 Months Ended

Jan. 31, 2021

Notes Tables

Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]

Income/(loss) from continuing operations before income taxes (in thousands)	2020			2019
Domestic	$	(3,288	)	$	400
Foreign		(4,487	)		4,635
Total	$	(7,775	)	$	5,035

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

Components of income tax expense/(benefit) (in thousands)	2020			2019
Current
Federal	$	18		$	34
Foreign		413			1,455
State and other		105			181
Total current income tax expense		536			1,670
Deferred
Federal		—			—
Foreign		(669	)		(211	)
State and other		—			—
Total deferred income tax expense/(benefit)		(669	)		(211	)
Total income tax expense/(benefit)	$	(133	)	$	1,459

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

(In thousands)	2020			2019
Tax expense at federal statutory rate	$	(1,633	)	$	1,057
State expense, net of federal income tax effect		(97	)		147
Deferred balance adjustment		(5	)		(212	)
Domestic valuation allowance		1,807			(337	)
Domestic return to provision		(485	)		(172	)
Global Intangible Low Tax Income Inclusion		-			703
Nontaxable Paycheck Protection Program Loan Forgiveness Proceeds		(662	)		-
Permanent differences other		282			(5	)
Valuation allowance for state NOLs		183			(2	)
Differences in foreign tax rate		527			(79	)
Foreign rate change		18			(63	)
Deferred tax on unremitted earnings		(176	)		183
Foreign withholding taxes		209			274
All other, net expense		(101	)		(35	)
Total income tax expense/(benefit)	$	(133	)	$	1,459

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

Components of deferred income tax assets (in thousands)	2020			2019
U.S. Federal NOL carryforward	$	8,626		$	7,209
Deferred compensation		508			401
Research tax credit		2,686			2,686
Foreign NOL carryforward		543			223
Foreign tax credit		2,580			2,580
Stock compensation		442			429
Other accruals not yet deducted		245			267
State NOL carryforward		2,678			2,567
Accrued commissions and incentives		362			354
Inventory valuation allowance		106			75
Lease liability		541			604
Other		113			127
Deferred tax assets, gross		19,430			17,522
Valuation allowance		(17,746	)		(15,937	)
Total deferred tax assets, net of valuation allowances	$	1,684		$	1,585
Components of the deferred income tax liability
Depreciation	$	(981	)	$	(1,275	)
Foreign subsidiaries unremitted earnings		(289	)		(470	)
Prepaid		(21	)		(61	)
Right of use asset		(484	)		(538	)
Total deferred tax liabilities	$	(1,775	)	$	(2,344	)
Deferred tax liability, net	$	(91	)	$	(759	)
Balance sheet classification
Long-term assets	$	823		$	293
Long-term liability		(914	)		(1,052	)
Total deferred tax liabilities, net of valuation allowances	$	(91	)	$	(759	)

Summary of Income Tax Contingencies [Table Text Block]

(In thousands)	2020			2019
Balance at beginning of the year	$	1,545		$	1,447
Increases in positions taken in a prior period		2			(26	)
Increases in positions taken in a current period		65			132
Decreases due to lapse of statute of limitations		(21	)		(8	)
Balance at end of the year	$	1,591		$	1,545