v3.25.1
Credit Agreement and Long-Term Debt (Tables)
 3 Months Ended
Apr. 30, 2025
Debt Disclosure [Abstract]  
Schedule of Long Term Debt in the Accompanying Condensed Consolidated Balance Sheets

Long-term debt in the accompanying condensed consolidated balance sheets is as follows:

 

(In thousands)

 

April 30,
2025

 

 

January 31,
2025

 

USD Term Loan (7.28% as of April 30, 2025 and 6.90% as of January 31, 2025); maturity date of August 4, 2027

 

$

9,125

 

 

$

9,450

 

Euro Term Loan (5.20% as of April 30, 2025 and 5.38% as of January 31, 2025); maturity date of August 4, 2027

 

 

13,916

 

 

 

12,719

 

MTEX Euro Term Loan (6.022% Fixed Rate); maturity date of December 21, 2033

 

 

1,619

 

 

 

1,514

 

MTEX Euro Government Grant Term Loan (0% as of April 30, 2025 and January 31, 2024); maturity dates through January 2027

 

 

818

 

 

 

876

 

Equipment Loan (7.06% Fixed Rate); maturity date of January 23, 2029

 

 

642

 

 

 

680

 

    Total Debt

 

$

26,120

 

 

$

25,239

 

    Less: Debt Issuance Costs, net of accumulated amortization

 

 

77

 

 

 

85

 

             Current Portion of Debt

 

 

6,041

 

 

 

6,110

 

Long-Term Debt

 

$

20,002

 

 

$

19,044

 
Schedule of Required Principal Payments Remaining on Long Term Debt Outstanding

The schedule of required principal payments remaining during the next five years on long-term debt outstanding as of April 30, 2025 is as follows:

 

 

(In thousands)

 

 

 

Fiscal 2026, remainder

 

$

4,476

 

Fiscal 2027

 

 

6,052

 

Fiscal 2028

 

 

14,214

 

Fiscal 2029

 

 

362

 

Fiscal 2030

 

 

1,016

 

 

$

26,120