v3.21.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jan. 31, 2021
Jan. 31, 2020
Cash flows from operating activities:    
Net loss $ (21,759) $ (8,921)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization expense 1,667 2,016
Loss on sale of fixed assets 7 5,423
Change in allowance for doubtful accounts (208) 628
Stock-based compensation expense 1,247 1,151
Deferred income taxes   (203)
Realized and unrealized foreign currency transaction loss 793 2,126
Gain on sale of investment in affiliate and other investments, net   (1,495)
Other (40)  
Changes in operating assets and liabilities:    
Accounts receivable 6,420 7,134
Unbilled receivables 7,967 (17,840)
Inventory   924
Prepaid expenses and other current assets and other assets 1,196 1,609
Accounts payable (2,233) (1,149)
Accrued expenses and other liabilities (3,492) (170)
Deferred revenue (920) (4,565)
Other   (1,462)
Net cash used in operating activities (9,355) (14,794)
Cash flows from investing activities:    
Purchases of property and equipment (328) (281)
Proceeds from sale of building and land   600
Cash paid for acquisitions, net   (3,838)
Purchases of marketable securities   (790)
Proceeds from sales and maturities of marketable securities 4,355 6,576
Proceeds from sale of investment in affiliate, net   1,495
Net cash provided by investing activities 4,027 3,762
Cash flows from financing activities:    
Proceeds from stock option exercises 119 594
Proceeds from employee stock purchase plan 18 20
Repurchases of common stock (80) (142)
Proceeds from Paycheck Protection Program 2,413  
Net cash provided by financing activities 2,470 472
Effect of exchange rate on cash, cash equivalents and restricted cash (355) (460)
Net decrease in cash, cash equivalents and restricted cash (3,213) (11,020)
Cash, cash equivalents and restricted cash at beginning of period 9,297 20,317
Cash, cash equivalents and restricted cash at end of period 6,084 9,297
Supplemental disclosure of cash flow information    
Income taxes paid 327 463
Non-cash activities:    
Right-of-use assets obtained in exchange for lease obligations $ 987 5,600
Fair value of common stock issued in acquisition   $ 874

Source