Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows (unaudited)

v3.23.3
Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Oct. 31, 2023
Oct. 31, 2022
Cash flows from operating activities:    
Net Loss $ (6,618) $ (5,386)
cash used in operating activities:    
Loss from discontinued operations 690 219
Loss from sale of subsidiary 170 0
Stock based compensation 2,017 2,197
Deferred income tax benefit 0 (1,535)
Net loss on exchanges 0 4
Realized net loss on investment in cryptocurrency 77 186
Fair value adjustment to cryptocurrency 1,448 2,206
Amortization and depreciation 82 60
Changes in operating assets and liabilities:    
Prepaid expenses (199) (101)
Other assets 99 (69)
Accounts payable to related party (13) (30)
Accounts payable and accrued expenses 830 (40)
Deferred revenue 0 150
Cash used in operating activities of continuing operations (1,417) (2,139)
Cash provided by (used in) operating activities of discontinued operations (768) 616
Net cash used in operating activities (2,185) (1,523)
Cash flows from investing activities:    
Proceeds from cryptocurrencies, net 961 755
Capital expenditures (665) (861)
Cash provided by (used in) investing activities of continuing operations 296 (106)
Cash provided by (used in) investing activities of discontinued operations 401 (27)
Net cash provided by (used in) investing activities 697 (133)
Cash flows from financing activities:    
Proceeds from debt - related party 944 0
Payment of debt (467) (24)
Proceeds from issuance of Series C Preferred Stock 0 1,000
Proceeds from exercise of warrants 200 500
Net cash provided by financing activities 677 1,476
Net Change in Cash (811) (180)
Cash, beginning of period - continuing operations 657 810
Cash, beginning of period - discontinued operations 167 252
Cash, end of period 13 882
Cash from discontinued operations, end of period 0 815
Cash from continuing operations, end of period 13 67
Supplemental Disclosure of Cash Flows Information:    
Cash paid for interest 24 0
Cash paid for income taxes 0 3
Non-cash Investing and Financing Activities:    
Acquisition of cryptocurrency 2,242 0
Issuance of Series C Preferred for cryptocurrency 250 0
Issuance of Series C Preferred 90 0
Settlement of disputed receivable for common stock 127 0
Retirement of treasury stock 1,599 0
Sale of subsidiary 217 0
Issuance of common stock for services 166 0
Conversion of accounts payable to related party to common stock 0 35
Sale of asset for common stock 0 92
Exercise of warrant for receivable $ 0 $ 250