v3.25.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Apr. 30, 2025
Jan. 31, 2025
CURRENT ASSETS    
Cash and Cash Equivalents $ 5,353 $ 5,050
Accounts Receivable, net 21,365 21,218
Inventories, net 51,457 47,894
Prepaid Expenses and Other Current Assets 3,006 3,855
Total Current Assets 81,181 78,017
Property, Plant and Equipment, net 17,520 17,639
Identifiable Intangibles, net 23,414 23,519
Goodwill 15,232 14,515
Deferred Tax Assets, net 8,527 8,431
Right of Use Asset 2,763 1,781
Other Assets 1,687 1,693
TOTAL ASSETS 150,324 145,595
CURRENT LIABILITIES    
Accounts Payable 11,383 7,928
Accrued Compensation 4,878 3,745
Other Accrued Expenses 4,165 4,461
Revolving Line of Credit 18,370 20,929
Current Portion of Long-Term Debt 6,041 6,110
Short-Term Debt 327 581
Current Liability—Royalty Obligation 1,233 1,358
Current Liability—Excess Royalty Payment Due 580 691
Deferred Revenue 1,666 543
Total Current Liabilities 48,643 46,346
NON-CURRENT LIABILITIES    
Long-Term Debt, net of current portion 20,002 19,044
Lease Liabilities, net of current portion 2,318 1,535
Grant Deferred Revenue 1,144 1,090
Royalty Obligation, net of current portion 982 1,106
Income Taxes Payable 684 684
Deferred Tax Liabilities 0 40
TOTAL LIABILITIES 73,773 69,845
SHAREHOLDERS' EQUITY    
Preferred Stock, $10 Par Value, Authorized 100,000 shares, None Issued
Common Stock, $0.05 Par Value, Authorized 13,000,000 shares; Issued 11,800,233 and 10,936,220 shares at April 30, 2025 and January 31, 2025, respectively 550 547
Additional Paid-in Capital 64,569 64,215
Retained Earnings 49,004 49,380
Treasury Stock, at Cost, 3,411,998 and 3,394,942 shares at April 30, 2025 and January 31, 2025, respectively (35,198) (35,043)
Accumulated Other Comprehensive Loss, net of tax (2,374) (3,349)
TOTAL SHAREHOLDERS' EQUITY 76,551 75,750
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 150,324 $ 145,595