Note 5 - Inventories

6 Months Ended

Jul. 31, 2024

Notes to Financial Statements

Inventory Disclosure [Text Block]

Note 5 - Inventories

Inventories are stated at the lower of cost or net realizable value. Cost is determined using the first-in, first-out method for all inventories. 

Inventories consisted of the following: 

	July 31, 2024		January 31, 2024
Raw materials	$	14,777	$	13,787
Work in process		574		611
Finished goods		1,275		2,022
Subtotal		16,626		16,420
Less allowance		803		879
Inventories	$	15,823	$	15,541

The Company conducts periodic reviews of its inventory and records allowances for slow moving and obsolete items to reflect their net realizable value, which is primarily attributable to finished goods.