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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Apr. 30, 2022
Jan. 31, 2022
Current assets    
Cash and cash equivalents $ 6,375 $ 8,214
Restricted cash 1,524 1,557
Trade accounts receivable, less allowance for doubtful accounts of $461 at April 30, 2022 and $486 at January 31, 2022 38,816 44,449
Inventories, net 15,401 13,760
Prepaid expenses and other current assets 6,609 5,444
Unbilled accounts receivable 6,730 2,656
Costs and estimated earnings in excess of billings on uncompleted contracts 6,004 2,309
Total current assets 81,459 78,389
Property, plant and equipment, net of accumulated depreciation 23,754 24,756
Other assets    
Operating lease right-of-use asset 7,712 11,213
Deferred tax assets 823 811
Goodwill 2,318 2,342
Other assets 5,853 5,890
Total other assets 16,706 20,256
Total assets 121,919 123,401
Current liabilities    
Trade accounts payable 15,631 13,618
Accrued compensation and payroll taxes 1,768 1,612
Commissions and management incentives payable 1,408 2,047
Revolving line - North America 5,246 634
Current maturities of long-term debt 6,778 6,750
Customers' deposits 2,826 3,072
Outside commission liability 1,856 1,255
Operating lease liability short-term 1,527 1,496
Other accrued liabilities 3,238 4,616
Billings in excess of costs and estimated earnings on uncompleted contracts 1,173 1,277
Income taxes payable 1,310 2,020
Total current liabilities 42,761 38,397
Long-term liabilities    
Long-term debt, less current maturities 4,837 5,059
Long-term finance obligation 9,301 9,327
Deferred compensation liabilities 3,374 3,379
Deferred tax liabilities 865 712
Operating lease liability long-term 7,042 11,270
Other long-term liabilities 847 800
Total long-term liabilities 26,266 30,547
Stockholders' equity    
Common stock, $.01 par value, authorized 50,000 shares; 8,154 issued and outstanding at April 30, 2022 and 8,152 issued and outstanding at January 31, 2022 82 82
Additional paid-in capital 62,018 61,766
Treasury Stock, 234 shares at April 30, 2022 and January 31, 2022 (1,992) (1,992)
Accumulated deficit (3,180) (2,295)
Accumulated other comprehensive loss (4,036) (3,104)
Total stockholders' equity 52,892 54,457
Total liabilities and stockholders' equity $ 121,919 $ 123,401