Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v3.22.2.2
Consolidated Balance Sheets - USD ($)
Jul. 31, 2022
Jan. 31, 2022
Current assets    
Cash $ 299,000 $ 1,062,000
Accounts receivable, net 63,000 11,000
Inventory 103,000 60,000
Current cryptocurrencies, net 1,000,000 3,152,000
Prepaid expenses 2,766,000 2,918,000
Other assets 85,000 36,000
Total current assets 4,316,000 7,239,000
Property, plant and equipment, net 949,000 1,001,000
Goodwill 17,823,000 17,823,000
Intangible assets, net 3,680,000 3,119,000
Deferred income taxes 579,000 0
Other assets 463,000 463,000
Total assets 27,810,000 29,645,000
Current liabilities    
Accounts payable and accrued expenses 735,000 744,000
Accounts payable related party 0 24,000
Current portion of long-term debt 282,000 282,000
Reserve for legal settlements 154,000 154,000
Deferred revenue 252,000 108,000
Total current liabilities 1,423,000 1,312,000
Long-term liabilities    
Debt 255,000 271,000
Deferred income taxes 0 617,000
Total long-term liabilities 255,000 888,000
Total liabilities 1,678,000 2,200,000
Stockholders' equity    
Common stock, $0.0001 par value, 200,000,000 shares authorized; 9,699,966 and 8,604,038 shares issued and outstanding as of July 31, 2022 and January 31, 2022, respectively. 1,000 1,000
Treasury stock (1,599,000) (1,599,000)
Additional paid-in capital 82,943,000 80,134,000
Accumulated deficit (55,213,000) (51,091,000)
Total stockholders' equity 26,132,000 27,445,000
Total liabilities and stockholders' equity 27,810,000 29,645,000
Series A Preferred Stock [Member]    
Stockholders' equity    
Preferred Stock, Value 0 0
Series B Preferred Stock [Member]    
Stockholders' equity    
Preferred Stock, Value 0 0
Series C Preferred Stock [Member]    
Stockholders' equity    
Preferred Stock, Value $ 0 $ 0