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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Apr. 30, 2023
Jan. 31, 2023
Current assets:    
Cash and cash equivalents $ 815 $ 778
Accounts receivable, net of allowance for doubtful accounts of $504 at each of April 30, 2023 and January 31, 2023 7,390 3,993
Inventories, net 14,339 15,318
Prepaid expenses and other current assets 1,088 2,144
Total current assets 23,632 22,233
Property and equipment, net 3,787 3,945
Operating lease right-of-use assets 1,762 1,749
Intangible assets, net 4,664 4,931
Total assets 33,845 32,858
Current liabilities:    
Accounts payable 1,206 4,101
Deferred revenue 486 164
Accrued expenses and other current liabilities 2,638 2,247
Income taxes payable 1,723 1,516
Operating lease liabilities - current 753 903
Note payable, net 3,139 0
Total current liabilities 9,945 8,931
Operating lease liabilities - non-current 1,009 846
Deferred tax liability 29 29
Total liabilities 10,983 9,806
Stockholders’ equity:    
Preferred stock, $1.00 par value; 2,000 shares authorized; 1,683 shares issued and outstanding at each of April 30, 2023 and January 31, 2023 37,779 37,779
Common stock, $0.01 par value; 40,000 shares authorized; 15,721 shares issued at each of April 30, 2023 and January 31, 2023 157 157
Additional paid-in capital 129,630 129,580
Treasury stock, at cost (1,933 shares at each of April 30, 2023 and January 31, 2023 ) (16,863) (16,863)
Accumulated deficit (127,875) (127,635)
Accumulated other comprehensive gain 34 34
Total stockholders’ equity 22,862 23,052
Total liabilities and stockholders’ equity $ 33,845 $ 32,858