XML 84 R72.htm IDEA: XBRL DOCUMENT v3.24.3
RELATED PARTY TRANSACTIONS - Additional Information (Details)
3 Months Ended 12 Months Ended
Sep. 01, 2024
USD ($)
May 01, 2023
shares
Apr. 30, 2023
corporateEntity
Mar. 09, 2023
USD ($)
Dec. 15, 2017
USD ($)
$ / shares
shares
Oct. 31, 2024
USD ($)
shares
Oct. 31, 2023
USD ($)
Jul. 31, 2023
USD ($)
Nov. 27, 2024
$ / shares
Jul. 31, 2024
USD ($)
shares
Oct. 25, 2023
USD ($)
Jun. 06, 2023
shares
Feb. 25, 2022
USD ($)
Jun. 14, 2019
USD ($)
Feb. 28, 2019
USD ($)
Related Party Transaction [Line Items]                              
Interest expense           $ 111,000 $ 247,000                
Preferred stock, shares issued (in shares) | shares           0       0          
Preferred dividends           $ 537,000 536,000                
Series E Contingently Redeemable Preferred Stock                              
Related Party Transaction [Line Items]                              
Preferred stock, shares issued (in shares) | shares           3,500,000       3,500,000          
Series E Preferred Stock                              
Related Party Transaction [Line Items]                              
Preferred stock, convertible, shares issuable (in shares) | shares                       19,800,000      
Steel Partners Group | Series E Contingently Redeemable Preferred Stock                              
Related Party Transaction [Line Items]                              
Conversion of stock, shares converted (in shares) | shares   3,500,000                          
Purchase Agreement | SPHG Holdings | Series C convertible preferred stock                              
Related Party Transaction [Line Items]                              
Preferred stock, shares issued (in shares) | shares         35,000                    
Share price (in usd per share) | $ / shares         $ 1,000                    
Proceeds from issuance of preferred stock         $ 35,000,000.0                    
Stockholders' Agreement | Related Party                              
Related Party Transaction [Line Items]                              
Litigation settlement, proceeds required to be distributed to stockholders, percentage     70.00%                        
Ownership percentage, prior approval of equity securities, threshold percentage     100.00%                        
Management Services Agreement | Related Party                              
Related Party Transaction [Line Items]                              
Management fee                     $ 131,000   $ 101,900 $ 282,800  
Monthly fixed fee                     $ 80,000        
Management services agreement, duration                     1 year        
Management Services Agreement | SP Corporate Services Llc and Steel Services Limited                              
Related Party Transaction [Line Items]                              
Other receivables, net, current           $ 26,900       $ 100,000          
ModusLink Management Services Agreement | Related Party                              
Related Party Transaction [Line Items]                              
Management services agreement expenses           21,900                  
Accounts payable           0       200,000          
Air Travel | Related Party                              
Related Party Transaction [Line Items]                              
Management services agreement expenses           100,000                  
Accounts payable           1,000,000.0       1,600,000          
SPHG Holdings | Purchase Agreement | Series C convertible preferred stock                              
Related Party Transaction [Line Items]                              
Preferred dividends           500,000 500,000                
SPHG Holdings | Convertible loan note investment                              
Related Party Transaction [Line Items]                              
Debt instrument, face amount                   $ 12,900,000         $ 14,900,000
Debt instrument, repaid, principal       $ 1,000,000       $ 2,000,000.0              
Debt instrument, periodic payment, principal       1,000,000                      
Long-term debt, cash amendment fee amount       100,000                      
Long-term debt, derecognized debt discount amount       $ 200,000                      
Interest expense           $ 100,000 $ 200,000                
Repayments of debt $ 12,900,000                            
Interest payable, current $ 500,000                            
Steel Holdings | Subsequent Event | Steel Connect, Inc.                              
Related Party Transaction [Line Items]                              
Share price (in dollars per share) | $ / shares                 $ 11.45            
Steel Holdings | Convertible debt                              
Related Party Transaction [Line Items]                              
Debt instrument, face amount                             $ 14,900,000
Steel Connect, Inc. | Stockholders' Agreement | Related Party                              
Related Party Transaction [Line Items]                              
Litigation settlement, proceeds required to be distributed to stockholders, percentage     100.00%                        
Steel Connect, Inc. | Steel Connect, Inc. | SPHG Holdings                              
Related Party Transaction [Line Items]                              
Equity method investment, ownership percentage           91.00%                  
Steel Connect, Inc. | Steel Connect, Inc. | Steel Holdings | Stockholders' Agreement | Subsequent Event                              
Related Party Transaction [Line Items]                              
Equity method investment, ownership percentage                 90.00%            
Steel Connect, Inc. | Steel Connect, Inc. | SP Group | Stockholders' Agreement                              
Related Party Transaction [Line Items]                              
Ownership percentage, prior approval required for transfer of equity interests, threshold percentage     80.00%                        
Number of corporate entity | corporateEntity     1