Peerless Systems (PRLS) 10-K 30 Apr 14 2014 FY Annual report Financial data

Document_And_Entity_Informatio

Document And Entity Information (USD $)	12 Months Ended
	Jan. 31, 2014	Apr. 17, 2014	Jul. 31, 2013
Document and Entity Information [Abstract]	'	'	'
Entity Registrant Name	'PEERLESS SYSTEMS CORPORATION	'	'
Document Type	'10-K	'	'
Current Fiscal Year End Date	'--01-31	'	'
Entity Common Stock, Shares Outstanding	'	2,749,687	'
Entity Public Float	'	'	$8,666,977
Amendment Flag	'false	'	'
Entity Central Index Key	'0000897893	'	'
Entity Current Reporting Status	'Yes	'	'
Entity Voluntary Filers	'No	'	'
Entity Filer Category	'Smaller Reporting Company	'	'
Entity Well-known Seasoned Issuer	'No	'	'
Document Period End Date	31-Jan-14	'	'
Document Fiscal Year Focus	'2014	'	'
Document Fiscal Period Focus	'FY	'	'

Consolidated_Statements_of_Ope

Consolidated Statements of Operations (USD $)	12 Months Ended
Share data in Thousands, except Per Share data, unless otherwise specified	Jan. 31, 2014	Jan. 31, 2013
Revenues	$3,605,000	$2,493,000
Cost of revenues	273,000	227,000
Gross margin	3,332,000	2,266,000
Operating expenses	2,141,000	1,576,000
Income from operations	1,191,000	690,000
Other income (loss), net	-2,208,000	173,000
Income (loss) before income taxes	-1,017,000	863,000
Benefit from income taxes	-159,000	-907,000
Net income (loss)	($858,000)	$1,770,000
Basic earnings (loss) per share (in Dollars per share)	($0.32)	$0.56
Diluted earnings (loss) per share (in Dollars per share)	($0.32)	$0.53
Weighted average common shares - outstanding — basic (in Shares)	2,718	3,167
Weighted average common shares - outstanding — diluted (in Shares)	2,718	3,336

Consolidated_Statements_of_Com

Consolidated Statements of Comprehensive Income (Loss) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Jan. 31, 2014	Jan. 31, 2013
Net income (loss)	($858)	$1,770
Changes in unrealized losses in available for sale securities, net of taxes	-134	-1,599
Reclassification adjustment for gains (loss) included in net income	657	-380
Total comprehensive loss, net of taxes	($335)	($209)

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Jan. 31, 2014	Jan. 31, 2013
In Thousands, unless otherwise specified
Current assets:	'	'
Cash and cash equivalents	$7,962	$8,866
Marketable securities	4,301	2,910
Trade accounts receivable, net	1,186	1,346
Deferred tax assets	137	495
Income tax receivable	416	231
Prepaid expenses and other current assets	58	65
Total current assets	14,060	13,913
Other assets	6	4
Total assets	14,066	13,917
Current liabilities:	'	'
Accrued wages and compensated absences	60	103
Accrued product licensing costs	137	315
Other current liabilities	1,457	143
Total current liabilities	1,654	561
Other liabilities	'	'
Tax liabilities	285	276
Total liabilities	1,939	837
Stockholders’ equity:	'	'
Common stock, $.001 par value, 30,000 shares authorized, 19,680 issued at January 31, 2014 and 19,588 issued at January 31, 2013	20	18
Additional paid-in capital	58,535	57,534
Retained earnings	5,768	6,626
Accumulated other comprehensive loss, net of taxes	-134	-657
Treasury stock, 16,910 at January 31, 2014 and 16,460 at January 31, 2013	-52,062	-50,441
Total stockholders’ equity	12,127	13,080
Total liabilities and stockholders’ equity	$14,066	$13,917

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parentheticals) (USD $)	Jan. 31, 2014	Jan. 31, 2013
In Thousands, except Per Share data, unless otherwise specified
Common stock, par value (in Dollars per share)	$0.00	$0.00
Common stock, shares authorized	30,000	30,000
Common stock, shares issued	19,680	19,588
Treasury stock shares	16,910	16,460

Consolidated_Statement_of_Stoc

Consolidated Statement of Stockholders' Equity (USD $)	12 Months Ended
Share data in Thousands, unless otherwise specified	Jan. 31, 2014	Jan. 31, 2013	Jan. 31, 2012
Balance	$12,127,000	$13,080,000	$14,876,000
Exercise of stock options	42,000	116,000	'
Exercise of stock options (Shares) (in Shares)	15	95	'
Purchase of Treasury Stock	-1,621,000	-1,944,000	'
Stock based compensation expense	961,000	241,000	'
Net income loss	-858,000	1,770,000	'
Reclassification adjustment for realized gains included in net income	657,000	-380,000	'
Changes in unrealized (losses) gains in available for sale securities, net of taxes	-134,000	-1,599,000	'
Common Stock [Member]	'	'	'
Balance	20,000	18,000	18,000
Balance (Shares) (in Shares)	19,680	19,588	19,502
Issuance of restricted stock (Shares) (in Shares)	257	18	'
Forfeitures of restricted stock (in Shares)	-180	-14	'
Exercise of stock options	2,000	'	'
Exercise of stock options (Shares) (in Shares)	15	95	'
Shares withheld from exercise of stock options (in Shares)	'	-13	'
Treasury Stock [Member]	'	'	'
Balance	-52,062,000	-50,441,000	-48,497,000
Balance (Shares) (in Shares)	16,910	16,460	15,951
Purchase of Treasury Stock	-1,621,000	-1,944,000	'
Purchase of Treasury Stock (Shares) (in Shares)	450	509	'
Additional Paid-in Capital [Member]	'	'	'
Balance	58,535,000	57,534,000	57,177,000
Exercise of stock options	40,000	116,000	'
Stock based compensation expense	961,000	241,000	'
Retained Earnings [Member]	'	'	'
Balance	5,768,000	6,626,000	4,856,000
Net income loss	-858,000	1,770,000	'
Accumulated Other Comprehensive Income (Loss) [Member]	'	'	'
Balance	-134,000	-657,000	1,322,000
Reclassification adjustment for realized gains included in net income	657,000	-380,000	'
Changes in unrealized (losses) gains in available for sale securities, net of taxes	($134,000)	($1,599,000)	'

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Jan. 31, 2014	Jan. 31, 2013
Cash flows from operating activities:	'	'
Net income (loss)	($858)	$1,770
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:	'	'
Stock-based compensation	961	241
Realized (gain) loss on marketable securities	2,217	-58
Deferred tax expense	41	45
Changes in operating assets and liabilities:	'	'
Trade accounts receivables	160	-79
Income tax receivable	-185	-210
Prepaid expenses and other assets	4	-8
Accrued product licensing costs	-178	97
Other liabilities	1,272	-699
Tax liabilities	9	-1,367
Net cash provided by (used in) operating activities	3,443	-268
Cash flows from investing activities:	'	'
Purchases of marketable securities	-261,533	-194,994
Proceeds from sale of marketable securities	258,766	195,535
Net cash provided (used in) by investing activities	-2,767	541
Cash flows from financing activities:	'	'
Proceeds from exercise of stock options	42	5
Purchase of treasury stock	-1,622	-1,845
Net cash used in financing activities	-1,580	-1,840
Net decrease in cash and cash equivalents	-904	-1,567
Cash and cash equivalents, beginning of period	8,866	10,433
Cash and cash equivalents, end of period	7,962	8,866
Supplemental disclosure of cash flow information:	'	'
Interest	3	'
Income taxes	'	601
Supplemental disclosure of non-cash investing and financing activities:	'	'
Treasury stock aquired in connection with option exercise	'	$99

Note_1_Organization_Business_a

Note 1 - Organization, Business and Summary of Significant Accounting Policies	12 Months Ended
	Jan. 31, 2014
Disclosure Text Block [Abstract]	'
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	'
	1.   Organization, Business and Summary of Significant Accounting Policies:
	Organization and Business: Peerless Systems Corporation (“Peerless” or the “Company”) was incorporated in the state of California in April 1982 and reincorporated in the state of Delaware in September 1996.  Peerless develops and licenses software-based digital imaging and networking systems and supporting electronic technologies to original equipment manufacturers (“OEMs”) of digital document products located primarily in the United States and Japan.  Digital document products include printers, copiers, fax machines, scanners and color products, as well as multifunction products (“MFPs”) that perform a combination of these imaging functions.  In order to process digital text and graphics, digital document products rely on a core set of imaging software and supporting electronics, collectively known as a digital imaging system.  Network interfaces supply the core technologies to digital document products that enable them to communicate over local area networks and the Internet.
	On April 30, 2008, the Company sold substantially all of its assets to Kyocera-Mita Corporation (“KMC”).  In this transaction (the “KMC Transaction”), the Company retained certain intellectual property and also entered into a license agreement with KMC whereby it has the right to sublicense the technology to third parties. Following the completion of the KMC Transaction, the Company continues to license and market its remaining technology and the technology licensed from KMC directly to customers.
	Since the closing of the KMC Transaction, the Company has reduced its focus on its legacy business and is seeking to use its excess cash to pursue transactions that enhance stockholder value.  The Company has been engaged in efforts to identify appropriate acquisition targets that offer prospects for growth and profitability at a reasonable price.
	Liquidity: As of January 31, 2014, the Company had cumulative retained earnings of $5.8 million; the Company also had cash, cash equivalents and marketable securities (net of broker payable of $1.4 million included in other current liabilities) of $10.9 million and net working capital of $ 12.4 million.  The Company has no material financial commitments.  The Company believes that its existing cash and cash equivalents and any cash generated from operations will be sufficient to fund its working capital requirements, capital expenditures and other obligations through the next twelve months.
	Principles of Consolidation and Basis of Presentation: The consolidated financial statements include the accounts of the Company and its subsidiaries.  All significant intercompany accounts and transactions have been eliminated.
	Use of Estimates: The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (GAAP) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting periods.  Actual results could differ from those estimates.
	The Company provides an accrual for estimated product licensing costs owed to third party vendors whose technology is included in the products sold by the Company.  The accrual is impacted by estimates of the mix of products shipped under certain of the Company’s block license agreements.  The estimates are based on historical data and available information as provided by the Company’s customers concerning projected shipments.  Should actual shipments under these agreements vary from these estimates, adjustments to the estimated accruals for product licensing costs may be required.  Actual results have historically been consistent with management’s estimates.
	The Company grants credit terms in the normal course of business to its customers.  The Company continuously monitors collections and payments from its customers and maintains an allowance for doubtful accounts for estimated losses resulting from the inability of any customers to make required payments.  Estimated losses are based primarily on specifically identified customer collection issues.  If the financial condition of any of the Company’s customers, or the economy as a whole, were to deteriorate, resulting in an impairment of their ability to make payments, additional allowances may be required.  Actual results have historically been consistent with management’s estimates. The allowance for doubtful accounts carried a zero balance as of January 31, 2014 and 2013.
	The recognition of the Company’s recurring product licensing revenues is dependent, in part, on the timing and accuracy of product sales reports received from the Company’s OEM customers.  These reports are primarily provided only on a calendar quarter basis and, in any event, are subject to delay and potential revision by the OEM.  Therefore, the Company is required to estimate all of the recurring product licensing revenues for the last month of each fiscal quarter and to further estimate all of its quarterly revenues from an OEM when the report from such OEM is not received in a timely manner.  As such, the Company accrued licensing revenues of $417,000 and $467,000 for the fiscal years ended January 31, 2014 and 2013, respectively. In the event the Company is unable to estimate such revenues accurately prior to reporting financial results, the Company may be required to adjust revenues in subsequent periods.
	Cash and Cash Equivalents: Cash and cash equivalents represent cash and highly liquid investments, which mature within three months of purchase.
	Fair Value of Financial Instruments: Cash and cash equivalents, accounts receivable, accounts payable, and accrued liabilities are carried at cost, which management believes approximates fair value due to the short term maturity of these instruments. The fair values described herein were determined using significant other observable inputs (Level 2), except for cash and cash equivalents which use quoted market prices (Level 1), as defined by GAAP
	Marketable Securities: The Company makes investments of cash in liquid interest bearing accounts and marketable securities. Marketable securities, as of January 31, 2014, were classified as available-for-sale, in accordance with ASC 320, “Investments – Debt and Equity Securities”, and are stated at fair market value, with any unrealized gains or losses reported as other comprehensive income (loss) under shareholders’ equity in the accompanying consolidated balance sheets.  Realized gains or losses and declines in value that are other than temporary, if any, on available-for-sale securities are calculated using the average cost method and are reported in other income or expense as incurred.
	During the year, the Company made investments in available-for-sale and trading securities, as defined by ASC 320.  The Company classified securities that were purchased or sold with the intent to dispose within a short period as trading securities.  Trading securities generally consisted of exchanged-listed securities such as common stock and equity options.  Available-for-sale securities generally consisted of exchanged-listed securities such as common stock. Realized gains or losses on trading and available-for-sale securities are recorded in the statement of operations in other income, net.
	Property and Equipment: Property and equipment are stated at cost, less accumulated depreciation.  Depreciation on property and equipment is calculated using the straight-line method as follows:
	Computers and other equipment (in years)	3 to 5
	Furniture (in years)	10
	Leasehold improvements	Shorter of useful life or lease term
	Maintenance and repairs are expensed as incurred, while renewals and betterments are capitalized.  Upon the sale or retirement of property and equipment, the accounts are relieved of the cost and the related accumulated depreciation, and any resulting gain or loss is included in results of operations.
	Long-Lived Assets: The Company currently evaluates long-lived assets, including intangible assets, for impairment when events or changes indicate, in management’s judgment, that the carrying value of such assets may not be recoverable.  The determination of whether an impairment has occurred is based upon management’s estimate of undiscounted future cash flows attributable to the assets as compared to the carrying value of the assets.  If an impairment has occurred, the amount of the impairment recognized is determined by estimating the fair value of the assets and recording a write-down to reduce the related asset to its estimated fair value.
	Revenue Recognition: The Company recognizes software revenues in accordance with FASB ASC 985-605 “Software Revenue Recognition.”  For certain of the Company’s multiple element arrangements that do not directly involve licensing, selling, leasing or otherwise marketing of the Company’s software the Company applies the guidance ASC 605-25 “Multiple-Element Arrangements.”
	Development license revenues from the licensing of source code or software development kits (“SDKs”) for the Company’s standard products are recognized upon delivery to and acceptance by the customer of the software if no significant modification or customization of the software is required and collection of the resulting receivable is probable.  If modification or customization is essential to the functionality of the software, the development license revenues are recognized over the course of the modification work.
	The Company has been party to engineering services contracts with certain OEMs adapting software and supporting electronics to specific OEM requirements.  The Company provided engineering support based on a time-and-material basis.  Revenue from this support was recognized as the services were performed. The Company has allowed service and maintenance contracts with customers to expire and has decided not to renew such contracts.
	Recurring licensing revenues are derived from per unit fees paid by the Company’s customers upon manufacturing and subsequent commercial shipment of products incorporating Peerless technology and certain third party technology, of which the Company is a sub-licensor.  These recurring licensing revenues are recognized on a per unit basis as products are shipped commercially.  The Company sells block licenses, that is, specific quantities of licensed units that may be shipped in the future, or the Company may require the customer to pay minimum royalty commitments.  Associated payments are typically made in one lump sum or extend over a period of four or more quarters.  The Company generally recognizes revenues associated with block licenses and minimum royalty commitments on delivery and acceptance of software, when collection of the resulting receivable is probable, when the fee is fixed and determinable, and when the Company has no significant future obligations.  In cases where block licenses or minimum royalty commitments have extended payment terms and the fees are not fixed and determinable, revenue is recognized as payments become due.  Further, when earned royalties exceed minimum royalty commitments, revenues are recognized on a per unit basis as products are shipped commercially.
	Perpetual licensing revenues are derived from fees paid by the Company’s customers to use the software indefinitely.  The Company generally recognizes revenues associated with perpetual licenses on delivery and acceptance of software, when collection of the resulting receivable is probable, when the fee is fixed and determinable, and when the Company has no significant future obligations.  Associated payments are typically made in one lump sum.
	For fees on multiple element software arrangements, values are allocated among the elements based on vendor specific objective evidence of fair value (“VSOE”).  The Company generally establishes VSOE based upon the price charged when the same elements are sold separately.  When VSOE exists for all undelivered elements, but not for the delivered elements, revenue is recognized using the “residual method.”  If VSOE does not exist for the undelivered elements, all revenue for the arrangement is deferred until the earlier of the point at which such VSOE does exist for the undelivered elements or all elements of the arrangement have been delivered, unless the only undelivered element is a service in which revenue from the delivered element is recognized over the service period.
	Deferred revenue consists of prepayments of licensing fees, payments billed to customers in advance of revenue recognized on engineering services or support contracts, and shipments of controllers that have not been sold to end users.  Unbilled receivables arise when the revenue recognized on engineering support or block license contracts exceeds billings due to timing differences related to billing milestones as specified in the contract.
	Income Taxes: Deferred income taxes are recognized for the tax consequences in future years resulting from differences between the tax bases of assets and liabilities and their financial reporting amounts at each year-end based on enacted tax laws and statutory rates applicable to the periods in which the differences are expected to reverse.  Valuation allowances are established, when necessary, to reduce deferred income tax assets to the amount expected to be realized.  Income tax provision is the tax payable for the period and the change during the period in net deferred income tax assets and liabilities.  See Note 5.
	Comprehensive Income: In accordance with ASC 220, “Comprehensive Income,” all components of comprehensive income, including net income, are reported in the consolidated financial statements in the period in which they are recognized.  Other comprehensive income includes unrealized gains and losses on available-for-sale securities. Comprehensive income is defined as the change in equity during a period from transactions and other events and circumstances from non-owner sources.  The Company’s accumulated other comprehensive loss for fiscal years ended January 31, 2014 and 2013 consisted of net income and unrealized gains or losses and is reported in stockholders’ equity.
	Earnings Per Share: Basic earnings per share (“basic EPS”) is computed by dividing net income available to common stockholders (the numerator) by the weighted average number of common shares outstanding (the denominator) during the period.  The computation of diluted earnings per share (“diluted EPS”) is similar to the computation of basic EPS except that the denominator is increased to include the number of additional common shares that would have been outstanding if dilutive potential common shares had been issued.  Potential common shares include outstanding options under the Company’s employee stock option plan and incrementally vested service-vesting restricted stock awards (which are included under the treasury stock method).  A reconciliation of basic EPS to diluted EPS is presented in Note 6 to the Company’s consolidated financial statements.
	Foreign Currency Translation: The financial statements of the Company’s former non-U.S. subsidiary are translated into U.S. dollars in accordance with ASC 830, “Foreign Currency Matters.” The assets and liabilities of the Company’s non-U.S. subsidiary whose “functional” currency is other than the U.S. dollar are translated at current rates of exchange.  Revenue and expense items are translated at the average exchange rate for the year.  The resulting translated adjustments are recorded directly into accumulated other comprehensive income.  Transaction gains and losses are included in net income in the period they occur.  Foreign currency translation and transaction gains and losses have not been significant in any period presented.
	Recent Accounting Pronouncements:  In February 2013, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2013-02, “Reporting Amounts Reclassified Out of Accumulated Other Comprehensive Income,” which amends Accounting Standards Codification (“ASC”) 220, “Comprehensive Income.” The amended guidance requires entities to provide information about the amounts reclassified out of accumulated other comprehensive income by component. Additionally, entities are required to present, either on the face of the financial statements or in the notes, significant amounts reclassified out of accumulated other comprehensive income by the respective line items of net income. The amended guidance does not change the current requirements for reporting net income or other comprehensive income. The amendment is effective prospectively for annual periods, and interim periods within those annual periods, beginning after December 15, 2012. The new guidance did not have a material impact on the Company’s financial statements for each year ended January 31, 2014 and 2013.

Note_2_Cash_Cash_Equivalents_a

Note 2 - Cash, Cash Equivalents, and Marketable Securities	12 Months Ended
	Jan. 31, 2014
Cash and Cash Equivalents [Abstract]	'
Cash and Cash Equivalents Disclosure [Text Block]	'
	2.   Cash, Cash Equivalents and Marketable Securities
	On February 1, 2008, the Company adopted the provisions of FASB ASC Topic 820, Fair Value Measurements and Disclosures (formerly known as FAS 157 Fair Value Measurements), which clarifies that fair value is an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants.  As such, fair value is a market-based measurement that should be determined based on assumptions that market participants would use in pricing an asset or liability.  As a basis for considering such assumptions, Topic 820 establishes a three-tier value hierarchy, which prioritizes the inputs used in measuring fair value as follows: (Level I) observable inputs such as quoted prices in active markets; (Level II) inputs other than the quoted prices in active markets that are observable either directly or indirectly; and (Level III) unobservable inputs in which there is little or no market data, which requires the Company to develop its own assumptions.  This hierarchy requires the Company to use observable market data, when available, and to minimize the use of unobservable inputs when determining fair value.  On a recurring basis, the Company measures its marketable securities at fair value.  Marketable securities are classified within Level I of the fair value hierarchy because they are valued using quoted market prices.
	As of January 31, 2014 and 2013, cash, cash equivalents and marketable securities included the following (in thousands):
			31-Jan-14
			Cost		Unrealized	Unrealized			Unrealized
					Gains	Losses			Losses			Estimated Fair
						Less Than			12 Months or			Value
						12 Months			Longer
	Cash and cash equivalents	$	7,962	$	-	$	-		$	-	$	7,962
	Exchange traded marketable securities		4,521				(220	)				4,301
	Total	$	12,483	$	-	$	(220	)	$	-	$	12,263
			31-Jan-14
			Cost		Unrealized		Unrealized			Unrealized		Estimated Fair
					Gains		Losses			Losses		Value
							Less Than			12 Months or
							12 Months			Longer
	Cash and cash equivalents	$	8,866	$	-	$	-		$	-	$	8,866
	Exchange traded marketable securities		3,970				(1,060	)		-		2,910
	Total	$	12,836			$	(1,060	)	$	-	$	11,776
	Cash equivalents are comprised of money market funds which are traded in an active market with no restrictions and money market savings accounts.

Note_3_Stock_Option_and_Purcha

Note 3 - Stock Option and Purchase Plan	12 Months Ended
	Jan. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	'
	3. Stock-Based Compensation Plans
	The Company has certain plans which provide for the grant of incentive stock options to employees and non-statutory stock options, restricted stock purchase awards and stock bonuses to employees, directors and consultants.  The terms of stock options granted under these plans generally may not exceed 10 years.  Options granted under these plans vest at the rate specified in each optionee’s agreement, generally over three or four years.  Since July 1996, an aggregate of 5.2 million shares of common stock have been authorized for issuance under the various option plans.
	1996 Incentive Plan: In May 1996, the Board of Directors adopted the Company’s 1996 Stock Option Plan.  The Company’s 1996 Equity Incentive Plan (the “1996 Incentive Plan”) was adopted by the Board of Directors in July 1996 as an amendment and restatement of the Company’s 1996 Plan.  At that time, the Board of Directors had authorized and reserved an aggregate of 1,267,000 shares of common stock for issuance under the 1996 Incentive Plan.  Additional shares of common stock were authorized and reserved for issuance under the 1996 Incentive Plan in June 1998, June 1999, June 2001, and June 2003 in the amounts of 1,200,000, 750,000, 750,000, and 700,000 shares, respectively.
	2005 Incentive Stock Option Plan: In June 2005, stockholders approved the Company’s 2005 Equity Incentive Plan (the “2005 Incentive Plan”).  The Board authorized and reserved 500,000 shares together with the 289,000 shares remaining under the 1996 Incentive Plan which was terminated as authorized by the stockholders. As of January 31, 2014, there are approximately 267,000 shares available for future grants.
	The 2005 Incentive Plan allows for the grant of incentive stock options to employees and non-statutory stock options, restricted stock purchase awards and stock bonuses to employees, directors and consultants.  The terms of stock options granted under the 2005 Incentive Plan generally may not exceed 10 years.  The exercise price of options granted under the 2005 Incentive Plan is determined by the Board of Directors, provided that the exercise price for an incentive stock option cannot be less than 100% of the fair market value of the common stock on the date of the option grant and the exercise price for a non-statutory stock option cannot be less than 85% of the fair market value of the common stock on the date of the option grant.  Options granted under the 2005 Incentive Plan vest at the rate specified in each optionee’s agreement, which is generally over 3 to 4 years.
	The following represents option activity under the 1996 Incentive Plan and 2005 Incentive Plan for the fiscal years ended January 31, 2014 and 2013:
			Options				Weighted			Weighted			Aggregate
							Average			Average Remaining			Intrinsic
							Exercise			Contractual			Value
							Price			Term
										(Years)
			(In thousands, except per share amounts)
	Balance outstanding January 31, 2012			574			$	2.39
	Granted			82			$	3.92
	Exercised			(95	)		$	1.65
	Canceled or expired			(48	)		$	2.97
	Balance outstanding January 31, 2013			513			$	2.71			6.32		$	437
	Granted			6			$	3.71
	Exercised			(15	)		$	2.77
	Canceled or expired			(104	)		$	2.88
	Balance outstanding January 31, 2014			400			$	2.68			5.13		$	439
	Stock options exercisable, January 31, 2014			374			$	2.61			4.9		$	437
	The weighted-average fair value as of date of grant of the options granted during the years ended January 31, 2014 and 2013 were $1.47 and $1.90, respectively.  During the years ended January 31, 2014 and 2013, the total intrinsic value of stock options exercised was $8,700 and $205,341, respectively.  Cash received from stock option exercises in fiscal 2014 and fiscal 2013 was $41,550 and $4,390, respectively.  In addition, the Company also received 26,389 company shares valued at $99,750 in connection with a stock option exercised in fiscal 2013, which was accounted for as treasury stock.
	The valuation methodologies and assumptions in estimating the fair value of stock options that were granted in fiscal 2014 were similar to those used in estimating the fair value of stock options granted in fiscal 2013 by using the Black-Scholes model.  The Company uses historical volatility of Peerless’ stock price as a basis to determine the expected volatility assumption to value stock options.  The expected volatility was calculated based upon the changes in the price of the Company’s common stock over a five year period.   The expected dividend yield is based on Peerless’ practice of not paying dividends.  The risk-free rate of return is based on the yield of a U.S. Treasury instrument with terms approximating or equal to the expected term of the option.  The expected life in years is based on historical actual stock option exercise experience. During fiscal 2014, the Company used the weighted average expected lives of 7.0 years, expected volatility of 36.3%, and weighted average risk free interest rate of 1.23%.  During fiscal 2013, the Company used the weighted average expected lives of 7.8 years, expected volatility of 42.5%, and weighted average risk free interest rate of 1.75%.
	Compensation expenses for share-based awards granted are recognized using a straight-line, or single-option method.  The Company recognizes these compensation costs over the service period of the award, which is generally the option vesting term of three or four years.   In fiscal 2014 and 2013, the Company recorded a total of $96,000 and $139,000, respectively, in stock option expense related to stock options awarded.
	The excess tax benefit from exercised options was approximately $8,700 for the year ended January 31, 2014.  As of January 31, 2014, there was $42,572 of total unrecognized compensation cost related to non-vested share-based compensation arrangements granted under the 1996 and 2005 Incentive Plans and certain options issued outside these plans.  That cost is expected to be recognized over a weighted-average period of 1.99 years.  The Company issues shares of common stock reserved for such plans upon the exercise of stock options.
	During fiscal 2014, the Company granted 258,088 shares of restricted stock to its directors and employees pursuant to the 2005 Incentive Plan, including approximately 250,000 shares related to the market-based award noted below.  During fiscal 2014, 67,907 shares of restricted common stock vested with an aggregated fair market value at the vesting dates of $254,501.  The related stock based compensation expense of approximately $865,000 has been recorded for the year ended January 31, 2014, including approximately $812,000 related to the market-based award noted below.
	During fiscal 2013, the Company granted 17,577 shares of restricted stock to its directors and employees pursuant to the 2005 Incentive Plan.  During fiscal 2013, 52,202 shares of restricted common stock vested with an aggregated fair market value at the vesting dates of $199,794.  The related stock based compensation expense of approximately $102,000 has been recorded for the year ended January 31, 2013.
	In connection with the new employment agreement entered into on July 11, 2013 with Mr. Timothy Brog, the Company’s Chairman and Chief Executive Officer (the “Employment Agreement”), Mr. Brog agreed to forfeit 150,000 shares of restricted common stock that remained unvested under the previous employment agreement between the Company and Mr. Brog dated August 26, 2010 (the “2010 Agreement”). As part of the Employment Agreement, the Company granted 250,000 shares of restricted common stock to Mr. Brog. Although the fair value of the newly granted restricted common stock would be amortized as stock-based compensation, there would be no offset from the fair value previously expensed relating to the 150,000 shares that were forfeited due to the fact that the requisite service period had been satisfied.
	The Company used a Monte Carlo simulation model valuation technique to determine the fair value of the 250,000 restricted shares granted to Mr. Brog, because these awards vest based upon achievement of market price targets or a “market condition,” one quarter of which will vest if prior to July 11, 2017 the average closing price of the Company’s Common Stock on the Nasdaq Capital Market is greater than or equal to the target prices of $3.75, $4.00, $4.25 and $4.50, respectively, for 15 consecutive trading days. On the date of the grant, the closing price of the common stock was $3.76.
	All such shares will also vest in the event that the Company (i) announces its intent to terminate its registration of the Common Stock under Section 12(g) of the Securities and Exchange Act of 1934, (ii) commences a self-tender offer for not less than 33% of the outstanding Common Stock, at an offer price at least equal to the average closing price over the preceding 15 trading days, or (iii) completes any other extraordinary transaction in which shares of the Company equal to not less than 20% of the shares of outstanding Common Stock immediately prior to such transaction are issued as part of such transaction.
	The Monte Carlo simulation model utilizes multiple input variables that determine the probability of satisfying the market condition stipulated in the award and calculates the fair value of each share of the restricted stock. The Company used the following assumptions in determining the fair value of the awards granted on July 11, 2013:
		Daily expected				Daily expected			Daily expected			Avg. daily
		stock price				mean return on			dividend yield			risk free
		volatility				equity						interest rate
			2.1071	%			0.0515	%		0	%		0.0026	%
	The daily expected stock price volatility is based on four-year historical volatility of the Company’s common stock. The daily expected dividend yield is based on annual expected dividend payments and the closing price of the Company’s common stock on the Nasdaq Capital Market on the date of the grant. The average daily risk-free interest rate is based on the three-year treasury yield as of the grant date. Each of the four tranches of the restricted stock grant is calculated to have its own fair value and requisite service period. The fair value of each tranche is amortized over the lesser of the requisite or derived service period which is up to four years. These shares had an aggregate grant date fair value of $812,000. This award was fully expensed as of January 31, 2014. As of January 31, 2014, 62,500 shares were vested under this grant with a fair market value of $235,000.
	The following represents restricted stock activity under the 1996 Incentive Plan and 2005 Incentive Plan for the fiscal years ended January 31, 2014:
				Number of				Weighted
				Shares				Average
								Grant
								Date Fair
								Value
	Non-vested stock awards as of January 31, 2013			196,903			$	2.31
	Granted			258,088			$	3.26
	Vested			(67,907	)		$	3.58
	Forfeited			(180,208	)		$	2.19
	Non-vested stock awards as of January 31, 2014			206,876			$	3.19
	As of January 31, 2014, there was $31,000 of total unrecognized compensation cost related to non-vested stock awards which will be recognized over a weighted-average period of 1.07 years.

Note_4_Other_Current_Liabiliti

Note 4 - Other Current Liabilities	12 Months Ended
	Jan. 31, 2014
Other Liabilities and Financial Instruments Subject to Mandatory Redemption [Abstract]	'
Other Liabilities Disclosure [Text Block]	'
	4.  Other Current Liabilities:
	Other current liabilities at January 31 consisted of the following:
		2014		2013
		(In thousands)
	Broker payable	$	1,371	$	-
	Professional service fees		69		87
	Accounts payable		15		51
	Accrued expenses		2		5
	Total other current liabilities	$	1,457	$	143

Note_5_Income_Taxes

Note 5 - Income Taxes	12 Months Ended
	Jan. 31, 2014
Income Tax Disclosure [Abstract]	'
Income Tax Disclosure [Text Block]	'
	5.  Income Taxes:
	The income tax provision (benefit) for the years ended January 31, 2014 and 2013 consisted of:
		2014			2013
		(In thousands)
	Current:
	Federal	$	(195	)	$	(1,013	)
	State		(4	)		73
		$	(199	)	$	(940	)
	Deferred:
	Federal	$	77		$	32
	State		(37	)		1
		$	40		$	33
	Income tax provision (benefit)	$	(159	)	$	(907	)
	As of January 31, 2014, the Company had net deferred tax assets available of approximately $137,000, compared to $495,000 as of January 31, 2013. The majority of the change in deferred tax assets relates to the unrealized loss included in accumulated other comprehensive loss.  In fiscal 2014, the Company recorded an increase in the valuation allowance of approximately $157,000 related to certain deferred tax assets, for which realization cannot be considered more likely than not at this time, as discussed below. Deferred tax assets or deferred tax liabilities for the years ended January 31, consisted of:
		2014			2013
		(In thousands)
	Deferred tax assets (liabilities):
	Accrued liabilities	$	23		$	18
	Stock based compensation		254			97
	State income taxes		-			26
	Net Operating Loss		20			-
	Unrealized losses on marketable securities		86			404
	Other		8			47
	Total deferred tax assets		391			592
	Valuation allowance		(254	)		(97	)
	Net deferred income tax asset	$	137		$	495
	The provision (benefit) for income taxes for the years ended January 31, 2014 and 2013 differed from the amount that would result from applying the federal statutory rate as follows:
			2014			2013
	Statutory federal income tax rate		34	%		34	%
	State tax		4.1			5.5
	Stock based compensation		(10.2	)		0.7
	Other		3.1			(0.2	)
	Reserve for uncertain tax positions		-			(146.7	)
	Change in valuation allowance		(15.4	)		1.6
	Provision (benefit) for income taxes		15.6	%		(105.1	)%
	The effective tax rate for fiscal 2014 was lower than the statutory rate because of a $157,000 increase in valuation allowance related to certain stock-based compensation recorded during the year, net of certain restricted stock that vested during the same period. The effective tax rate for fiscal 2013 was lower than the statutory rate because of a reversal of $1,265,000 in tax liabilities related to an unrecognized tax benefit from the Company’s tax position taken for the fiscal year ended January 31, 2009, in connection with the completion of the three year statute of limitations period applicable to the corresponding tax return, as discussed below.
	On February 1, 2007, the Company adopted ASC 740-10.  ASC 740-10 clarifies the accounting and reporting for uncertainties in income tax law.  This Interpretation prescribes a comprehensive model for the financial statement recognition, measurement, presentation and disclosure of uncertain tax positions taken or expected to be taken in income tax returns.  The Interpretation requires that the tax effects of a position be recognized only if it is “more-likely-than-not” to be sustained by the taxing authority as of the reporting date.  If the tax position is not considered “more-likely-than-not” to be sustained, then no benefits of the position are to be recognized.
	There was no cumulative effect of adopting ASC 740-10 to the February 1, 2007 retained earnings balance.  On the date of adoption, the Company had $2.0 million of unrecognized tax benefits, all of which would reduce its effective tax rate if recognized.  A reconciliation of the beginning and ending amount of unrecognized tax benefits for fiscal years 2014 and 2013 is as follows:
			2014			2013
			(In thousands)
	Beginning balance	$	276		$	1,643
	Additions based on tax positions related to current year		-			9
	Subtractions for tax positions of prior years		-			(1,376	)
	Ending balance	$	276		$	276
	During fiscal year 2013, the Company reversed $1,376,000 of tax liabilities, consisting of $1,265,000 in an unrecognized tax benefit and approximately $111,000 in related accrued interest expense.  This reversal of tax liabilities related to an unrecognized tax benefit from the Company’s tax position taken for the fiscal year ended January 31, 2009, in connection with the completion of the three year statute of limitations period applicable to the corresponding tax return.  The remaining balance of $276,000 in unrecognized tax benefit as of January 31, 2014, when recognized, would favorably affect the Company’s effective tax rate.
	For the years ended January 31, 2014 and 2013 interest and penalties of $9,000 related to income tax liabilities is included in the line item Other income, net on the Consolidated Statements of Income.  The Company’s tax returns for the fiscal years ended January 31, 2011 through January 31, 2013 remain open to examination by the tax authorities, except the California tax returns, which are open to examination for the fiscal years ended January 31, 2010 through January 31, 2013. The Company’s New York State corporate tax returns for the fiscal years 2008 and 2009 are currently under examination and remained open as of January 31, 2014. The Company had one employee in New York State during a portion of those periods.
	In assessing whether the deferred tax assets can be realized, the Company considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized.  The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income or reversal of deferred tax liabilities during the periods in which those temporary differences become deductible.  The Company considers the scheduled reversal of deferred tax liabilities, projected future taxable income, and tax planning strategies in making this assessment.  The Company believes it is more likely than not that certain deferred tax assets related to share-based compensation will not be realized and has maintained a valuation allowance of $254,000 at January 31, 2014.

Note_6_Earnings_Per_Share

Note 6 - Earnings Per Share	12 Months Ended
	Jan. 31, 2014
Earnings Per Share [Abstract]	'
Earnings Per Share [Text Block]	'
	6.  Earnings Per Share:
	Earnings per share for the years ended January 31, is calculated as follows:
			2014							2013
			N et				Per			Net			Per
							Share						Share
			Loss		Shares		Amount			Income	Shares		Amount
			(In thousands, except per share amounts)
	Basic EPS
	Earnings available to common stockholders	$	(858	)	2,718	$	(0.32	)	$	1,770	3,167	$	0.56
	Effect of Dilutive Securities
	Restricted Shares		-		-		-			-	1		-
	Options		-		-		-			-	168		-
	Diluted EPS
	Earnings available to common stockholders with assumed conversions	$	(858	)	2,718	$	(0.32	)	$	1,770	3,336	$	0.53
	Potentially dilutive options in the aggregate of approximately 122,000 and 145,000 in fiscal years 2014 and 2013, respectively, have been excluded from the calculation of the diluted income per share based on (i) the fact that the exercise prices of such options exceeds the average stock price and (ii) the number of buy back shares exceeded the assumed shares issued upon exercise of options.  For these reasons, these options were considered anti-dilutive. In addition, dilutive options of approximately 129,000 in fiscal 2014 have been excluded from the calculation of the diluted loss per share because it would otherwise result in a reduction in loss per share.

Note_7_Common_Stock_Repurchase

Note 7 - Common Stock Repurchases	12 Months Ended
	Jan. 31, 2014
Disclosure Text Block Supplement [Abstract]	'
Treasury Stock [Text Block]	'
	7. Common Stock Repurchases:
	During the fiscal year ended January 31, 2014, the Company repurchased 450,091 shares of its common stock for an aggregate purchase price of $1,620,458.   From February 1, 2014 through April 17, 2014, the Company repurchased an additional 19,903 shares of its common stock for an aggregate purchase price of $74,095.

Note_8_Employee_Savings_Plan

Note 8 - Employee Savings Plan	12 Months Ended
	Jan. 31, 2014
Compensation and Retirement Disclosure [Abstract]	'
Pension and Other Postretirement Benefits Disclosure [Text Block]	'
	8.  Employee Savings Plan:
	The Company maintains an employee savings plan that qualifies under Section 401(k) of the Internal Revenue Code (the “Code”) for its full-time employees.  The plan allows employees to make specified percentage pretax contributions up to the maximum dollar limitation prescribed by the Code.  The Company matches 50% of employee contributions up to a maximum of $2,000 per employee per year. Company contributions to the plan during the years ended January 31, 2014 and 2013 were $4,300 and $5,300, respectively.

Note_9_Segment_Reporting

Note 9 - Segment Reporting:	12 Months Ended
	Jan. 31, 2014
Segment Reporting [Abstract]	'
Segment Reporting Disclosure [Text Block]	'
	9.  Segment Reporting:
	The Company operates in one reportable business segment, Imaging.  Peerless provides software-based digital imaging and networking technology for digital document products and provides directory and management software for networked storage devices and integrates proprietary software into enterprise networks of OEMs.
	A limited number of these OEM customers continue to provide a substantial portion of our revenues in fiscal 2014 and fiscal 2013.  There were three OEM customers, Novell, KMC and Oki Data, each of which constituted customers representing 10% or more of our total revenues in fiscal 2014 and/or fiscal 2013, and collectively accounted for 93% and 70% of our revenues for fiscal 2014 and fiscal 2013, respectively.
	The Company’s assets are located in the United States.  The Company’s revenues for the years ended January 31, 2014 and 2013 which are transacted in U.S. dollars are derived based on sales to customers in the following geographic regions:
			Years Ended January 31,
			2014		2013
			(In thousands)
	United States	$	1,420	$	1,511
	Japan		2,185		978
	Other		-		4
		$	3,605	$	2,493

Note_10_Commitments

Note 10 - Commitments	12 Months Ended
	Jan. 31, 2014
Disclosure Text Block Supplement [Abstract]	'
Commitments Disclosure [Text Block]	'
	10.  Commitments:
	Operating Leases: The Company subleases its offices in Stamford, Connecticut and entered into a new sub-lease agreement dated January 25, 2013 for a term of two years and six months.  Future minimum rental payments under long-term operating leases for the years ending January 31 are as follows:
			Operating
			Leases
			(In thousands)
	2015	$	26
	2016		13
		$	39
	Total rental expense was $25,800 and $24,677 for the years ended January 31, 2014 and 2013, respectively.

Note_11_Other_Income

Note 11 - Other Income	12 Months Ended
	Jan. 31, 2014
Other Income and Expenses [Abstract]	'
Other Income and Other Expense Disclosure [Text Block]	'
	11.  Other Income:
	During fiscal year 2014, the Company reported approximately $2,208,000 of other loss, representing primarily $2,217,000 of realized loss on marketable securities.
	During fiscal year 2013, the Company reported approximately $173,000 of other income, representing primarily $111,000 of reversal of accrued interest expenses related to tax liabilities and $58,000 of realized gains on marketable securities.

Note_12_Risks_and_Uncertaintie

Note 12 - Risks and Uncertainties	12 Months Ended
	Jan. 31, 2014
Risks and Uncertainties [Abstract]	'
Concentration Risk Disclosure [Text Block]	'
	12.  Risks and Uncertainties:
	Concentration of Credit Risk: The Company’s credit risk in accounts receivable (trade and unbilled), which are generally not collateralized, is concentrated with customers which are OEMs of laser printers and printer peripheral technologies.  The financial loss, should a customer be unable to meet its obligation to the Company, would be equal to the recorded accounts receivable.  At January 31, 2014, three customers collectively represented approximately 93% of total accounts receivable and three customers collectively represented approximately 90% at January 31, 2013.
	A significant portion of the Company’s revenue is generated from recurring quarterly shipments made by its OEM customers.  In the past, block licenses and perpetual licenses contributed to more of the Company’s revenue. Recurring revenue from quarterly shipments represented 100% in fiscal 2014 and fiscal 2013 because there were no block licenses or perpetual licenses sold during that two year period. Revenue from recurring quarterly shipments from our customers exposes us to more credit risk as payments are made on a quarterly basis, rather than with block licenses which are paid in advance.
	Litigation: The Company is involved from time to time in various claims and legal actions incident to its operations, either as plaintiff or defendant.  In the opinion of management, after consulting with legal counsel, no claims are currently expected to have a material adverse effect on the Company’s financial position, operating results, or cash flows.
	License Agreements:  The Company's historical business has consisted of (i) products with Peerless developed intellectual property, (ii) products based upon an agreement with Novell (“Novell”) and (iii) products based upon an agreement with Adobe Systems Corporation (“Adobe”) to bundle and sublicense Adobe’s licensed products into products for OEMs. The Company’s agreement with Adobe to bundle and sublicense Adobe’s licensed products into new OEM products expired on March 31, 2010.  The Company is unlikely to be able to transition its customer base to another provider which will have an impact on Adobe related licensing revenues for the coming years. Our revenues from licensing products that include Adobe technology were approximately $0.8 million and $0.7 million for fiscal 2014 and 2013, respectively.

Note_13_Subsequent_Events

Note 13 - Subsequent Events	12 Months Ended
	Jan. 31, 2014
Subsequent Events [Abstract]	'
Subsequent Events [Text Block]	'
	13.  Subsequent Events:
	The Company has evaluated subsequent events through the date these consolidated financial statements were issued and concluded no other subsequent events required disclosure or recognition.

Accounting_Policies_by_Policy_

Accounting Policies, by Policy (Policies)	12 Months Ended
	Jan. 31, 2014
Accounting Policies [Abstract]	'
Basis of Accounting, Policy [Policy Text Block]	'
	Organization and Business: Peerless Systems Corporation (“Peerless” or the “Company”) was incorporated in the state of California in April 1982 and reincorporated in the state of Delaware in September 1996.  Peerless develops and licenses software-based digital imaging and networking systems and supporting electronic technologies to original equipment manufacturers (“OEMs”) of digital document products located primarily in the United States and Japan.  Digital document products include printers, copiers, fax machines, scanners and color products, as well as multifunction products (“MFPs”) that perform a combination of these imaging functions.  In order to process digital text and graphics, digital document products rely on a core set of imaging software and supporting electronics, collectively known as a digital imaging system.  Network interfaces supply the core technologies to digital document products that enable them to communicate over local area networks and the Internet.
	On April 30, 2008, the Company sold substantially all of its assets to Kyocera-Mita Corporation (“KMC”).  In this transaction (the “KMC Transaction”), the Company retained certain intellectual property and also entered into a license agreement with KMC whereby it has the right to sublicense the technology to third parties. Following the completion of the KMC Transaction, the Company continues to license and market its remaining technology and the technology licensed from KMC directly to customers.
	Since the closing of the KMC Transaction, the Company has reduced its focus on its legacy business and is seeking to use its excess cash to pursue transactions that enhance stockholder value.  The Company has been engaged in efforts to identify appropriate acquisition targets that offer prospects for growth and profitability at a reasonable price.
Liquidity Disclosure [Policy Text Block]	'
	Liquidity: As of January 31, 2014, the Company had cumulative retained earnings of $5.8 million; the Company also had cash, cash equivalents and marketable securities (net of broker payable of $1.4 million included in other current liabilities) of $10.9 million and net working capital of $ 12.4 million.  The Company has no material financial commitments.  The Company believes that its existing cash and cash equivalents and any cash generated from operations will be sufficient to fund its working capital requirements, capital expenditures and other obligations through the next twelve months.
Consolidation, Policy [Policy Text Block]	'
	Principles of Consolidation and Basis of Presentation: The consolidated financial statements include the accounts of the Company and its subsidiaries.  All significant intercompany accounts and transactions have been eliminated.
Use of Estimates, Policy [Policy Text Block]	'
	Use of Estimates: The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (GAAP) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting periods.  Actual results could differ from those estimates.
	The Company provides an accrual for estimated product licensing costs owed to third party vendors whose technology is included in the products sold by the Company.  The accrual is impacted by estimates of the mix of products shipped under certain of the Company’s block license agreements.  The estimates are based on historical data and available information as provided by the Company’s customers concerning projected shipments.  Should actual shipments under these agreements vary from these estimates, adjustments to the estimated accruals for product licensing costs may be required.  Actual results have historically been consistent with management’s estimates.
	The Company grants credit terms in the normal course of business to its customers.  The Company continuously monitors collections and payments from its customers and maintains an allowance for doubtful accounts for estimated losses resulting from the inability of any customers to make required payments.  Estimated losses are based primarily on specifically identified customer collection issues.  If the financial condition of any of the Company’s customers, or the economy as a whole, were to deteriorate, resulting in an impairment of their ability to make payments, additional allowances may be required.  Actual results have historically been consistent with management’s estimates. The allowance for doubtful accounts carried a zero balance as of January 31, 2014 and 2013.
	The recognition of the Company’s recurring product licensing revenues is dependent, in part, on the timing and accuracy of product sales reports received from the Company’s OEM customers.  These reports are primarily provided only on a calendar quarter basis and, in any event, are subject to delay and potential revision by the OEM.  Therefore, the Company is required to estimate all of the recurring product licensing revenues for the last month of each fiscal quarter and to further estimate all of its quarterly revenues from an OEM when the report from such OEM is not received in a timely manner.  As such, the Company accrued licensing revenues of $417,000 and $467,000 for the fiscal years ended January 31, 2014 and 2013, respectively. In the event the Company is unable to estimate such revenues accurately prior to reporting financial results, the Company may be required to adjust revenues in subsequent periods.
Cash and Cash Equivalents, Policy [Policy Text Block]	'
	Cash and Cash Equivalents: Cash and cash equivalents represent cash and highly liquid investments, which mature within three months of purchase.
Fair Value of Financial Instruments, Policy [Policy Text Block]	'
	Fair Value of Financial Instruments: Cash and cash equivalents, accounts receivable, accounts payable, and accrued liabilities are carried at cost, which management believes approximates fair value due to the short term maturity of these instruments. The fair values described herein were determined using significant other observable inputs (Level 2), except for cash and cash equivalents which use quoted market prices (Level 1), as defined by GAAP
Marketable Securities, Policy [Policy Text Block]	'
	Marketable Securities: The Company makes investments of cash in liquid interest bearing accounts and marketable securities. Marketable securities, as of January 31, 2014, were classified as available-for-sale, in accordance with ASC 320, “Investments – Debt and Equity Securities”, and are stated at fair market value, with any unrealized gains or losses reported as other comprehensive income (loss) under shareholders’ equity in the accompanying consolidated balance sheets.  Realized gains or losses and declines in value that are other than temporary, if any, on available-for-sale securities are calculated using the average cost method and are reported in other income or expense as incurred.
	During the year, the Company made investments in available-for-sale and trading securities, as defined by ASC 320.  The Company classified securities that were purchased or sold with the intent to dispose within a short period as trading securities.  Trading securities generally consisted of exchanged-listed securities such as common stock and equity options.  Available-for-sale securities generally consisted of exchanged-listed securities such as common stock. Realized gains or losses on trading and available-for-sale securities are recorded in the statement of operations in other income, net.
Property, Plant and Equipment, Policy [Policy Text Block]	'
	Property and Equipment: Property and equipment are stated at cost, less accumulated depreciation.  Depreciation on property and equipment is calculated using the straight-line method as follows:
	Computers and other equipment (in years)	3 to 5
	Furniture (in years)	10
	Leasehold improvements	Shorter of useful life or lease term
	Maintenance and repairs are expensed as incurred, while renewals and betterments are capitalized.  Upon the sale or retirement of property and equipment, the accounts are relieved of the cost and the related accumulated depreciation, and any resulting gain or loss is included in results of operations.
Impairment or Disposal of Long-Lived Assets, Policy [Policy Text Block]	'
	Long-Lived Assets: The Company currently evaluates long-lived assets, including intangible assets, for impairment when events or changes indicate, in management’s judgment, that the carrying value of such assets may not be recoverable.  The determination of whether an impairment has occurred is based upon management’s estimate of undiscounted future cash flows attributable to the assets as compared to the carrying value of the assets.  If an impairment has occurred, the amount of the impairment recognized is determined by estimating the fair value of the assets and recording a write-down to reduce the related asset to its estimated fair value.
Revenue Recognition, Policy [Policy Text Block]	'
	Revenue Recognition: The Company recognizes software revenues in accordance with FASB ASC 985-605 “Software Revenue Recognition.”  For certain of the Company’s multiple element arrangements that do not directly involve licensing, selling, leasing or otherwise marketing of the Company’s software the Company applies the guidance ASC 605-25 “Multiple-Element Arrangements.”
	Development license revenues from the licensing of source code or software development kits (“SDKs”) for the Company’s standard products are recognized upon delivery to and acceptance by the customer of the software if no significant modification or customization of the software is required and collection of the resulting receivable is probable.  If modification or customization is essential to the functionality of the software, the development license revenues are recognized over the course of the modification work.
	The Company has been party to engineering services contracts with certain OEMs adapting software and supporting electronics to specific OEM requirements.  The Company provided engineering support based on a time-and-material basis.  Revenue from this support was recognized as the services were performed. The Company has allowed service and maintenance contracts with customers to expire and has decided not to renew such contracts.
	Recurring licensing revenues are derived from per unit fees paid by the Company’s customers upon manufacturing and subsequent commercial shipment of products incorporating Peerless technology and certain third party technology, of which the Company is a sub-licensor.  These recurring licensing revenues are recognized on a per unit basis as products are shipped commercially.  The Company sells block licenses, that is, specific quantities of licensed units that may be shipped in the future, or the Company may require the customer to pay minimum royalty commitments.  Associated payments are typically made in one lump sum or extend over a period of four or more quarters.  The Company generally recognizes revenues associated with block licenses and minimum royalty commitments on delivery and acceptance of software, when collection of the resulting receivable is probable, when the fee is fixed and determinable, and when the Company has no significant future obligations.  In cases where block licenses or minimum royalty commitments have extended payment terms and the fees are not fixed and determinable, revenue is recognized as payments become due.  Further, when earned royalties exceed minimum royalty commitments, revenues are recognized on a per unit basis as products are shipped commercially.
	Perpetual licensing revenues are derived from fees paid by the Company’s customers to use the software indefinitely.  The Company generally recognizes revenues associated with perpetual licenses on delivery and acceptance of software, when collection of the resulting receivable is probable, when the fee is fixed and determinable, and when the Company has no significant future obligations.  Associated payments are typically made in one lump sum.
	For fees on multiple element software arrangements, values are allocated among the elements based on vendor specific objective evidence of fair value (“VSOE”).  The Company generally establishes VSOE based upon the price charged when the same elements are sold separately.  When VSOE exists for all undelivered elements, but not for the delivered elements, revenue is recognized using the “residual method.”  If VSOE does not exist for the undelivered elements, all revenue for the arrangement is deferred until the earlier of the point at which such VSOE does exist for the undelivered elements or all elements of the arrangement have been delivered, unless the only undelivered element is a service in which revenue from the delivered element is recognized over the service period.
	Deferred revenue consists of prepayments of licensing fees, payments billed to customers in advance of revenue recognized on engineering services or support contracts, and shipments of controllers that have not been sold to end users.  Unbilled receivables arise when the revenue recognized on engineering support or block license contracts exceeds billings due to timing differences related to billing milestones as specified in the contract.
Income Tax, Policy [Policy Text Block]	'
	Income Taxes: Deferred income taxes are recognized for the tax consequences in future years resulting from differences between the tax bases of assets and liabilities and their financial reporting amounts at each year-end based on enacted tax laws and statutory rates applicable to the periods in which the differences are expected to reverse.  Valuation allowances are established, when necessary, to reduce deferred income tax assets to the amount expected to be realized.  Income tax provision is the tax payable for the period and the change during the period in net deferred income tax assets and liabilities.  See Note 5.
Comprehensive Income, Policy [Policy Text Block]	'
	Comprehensive Income: In accordance with ASC 220, “Comprehensive Income,” all components of comprehensive income, including net income, are reported in the consolidated financial statements in the period in which they are recognized.  Other comprehensive income includes unrealized gains and losses on available-for-sale securities. Comprehensive income is defined as the change in equity during a period from transactions and other events and circumstances from non-owner sources.  The Company’s accumulated other comprehensive loss for fiscal years ended January 31, 2014 and 2013 consisted of net income and unrealized gains or losses and is reported in stockholders’ equity.
Earnings Per Share, Policy [Policy Text Block]	'
	Earnings Per Share: Basic earnings per share (“basic EPS”) is computed by dividing net income available to common stockholders (the numerator) by the weighted average number of common shares outstanding (the denominator) during the period.  The computation of diluted earnings per share (“diluted EPS”) is similar to the computation of basic EPS except that the denominator is increased to include the number of additional common shares that would have been outstanding if dilutive potential common shares had been issued.  Potential common shares include outstanding options under the Company’s employee stock option plan and incrementally vested service-vesting restricted stock awards (which are included under the treasury stock method).  A reconciliation of basic EPS to diluted EPS is presented in Note 6 to the Company’s consolidated financial statements.
Foreign Currency Transactions and Translations Policy [Policy Text Block]	'
	Foreign Currency Translation: The financial statements of the Company’s former non-U.S. subsidiary are translated into U.S. dollars in accordance with ASC 830, “Foreign Currency Matters.” The assets and liabilities of the Company’s non-U.S. subsidiary whose “functional” currency is other than the U.S. dollar are translated at current rates of exchange.  Revenue and expense items are translated at the average exchange rate for the year.  The resulting translated adjustments are recorded directly into accumulated other comprehensive income.  Transaction gains and losses are included in net income in the period they occur.  Foreign currency translation and transaction gains and losses have not been significant in any period presented.
New Accounting Pronouncements, Policy [Policy Text Block]	'
	Recent Accounting Pronouncements:  In February 2013, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2013-02, “Reporting Amounts Reclassified Out of Accumulated Other Comprehensive Income,” which amends Accounting Standards Codification (“ASC”) 220, “Comprehensive Income.” The amended guidance requires entities to provide information about the amounts reclassified out of accumulated other comprehensive income by component. Additionally, entities are required to present, either on the face of the financial statements or in the notes, significant amounts reclassified out of accumulated other comprehensive income by the respective line items of net income. The amended guidance does not change the current requirements for reporting net income or other comprehensive income. The amendment is effective prospectively for annual periods, and interim periods within those annual periods, beginning after December 15, 2012. The new guidance did not have a material impact on the Company’s financial statements for each year ended January 31, 2014 and 2013.

Note_2_Cash_Cash_Equivalents_a1

Note 2 - Cash, Cash Equivalents, and Marketable Securities (Tables)	12 Months Ended
	Jan. 31, 2014
Cash and Cash Equivalents [Abstract]	'
Cash, Cash Equivalents and Investments [Table Text Block]	'
			31-Jan-14
			Cost		Unrealized	Unrealized			Unrealized
					Gains	Losses			Losses			Estimated Fair
						Less Than			12 Months or			Value
						12 Months			Longer
	Cash and cash equivalents	$	7,962	$	-	$	-		$	-	$	7,962
	Exchange traded marketable securities		4,521				(220	)				4,301
	Total	$	12,483	$	-	$	(220	)	$	-	$	12,263
			31-Jan-14
			Cost		Unrealized		Unrealized			Unrealized		Estimated Fair
					Gains		Losses			Losses		Value
							Less Than			12 Months or
							12 Months			Longer
	Cash and cash equivalents	$	8,866	$	-	$	-		$	-	$	8,866
	Exchange traded marketable securities		3,970				(1,060	)		-		2,910
	Total	$	12,836			$	(1,060	)	$	-	$	11,776

Note_3_Stock_Option_and_Purcha1

Note 3 - Stock Option and Purchase Plan (Tables)	12 Months Ended
	Jan. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]	'
			Options				Weighted			Weighted			Aggregate
							Average			Average Remaining			Intrinsic
							Exercise			Contractual			Value
							Price			Term
										(Years)
			(In thousands, except per share amounts)
	Balance outstanding January 31, 2012			574			$	2.39
	Granted			82			$	3.92
	Exercised			(95	)		$	1.65
	Canceled or expired			(48	)		$	2.97
	Balance outstanding January 31, 2013			513			$	2.71			6.32		$	437
	Granted			6			$	3.71
	Exercised			(15	)		$	2.77
	Canceled or expired			(104	)		$	2.88
	Balance outstanding January 31, 2014			400			$	2.68			5.13		$	439
	Stock options exercisable, January 31, 2014			374			$	2.61			4.9		$	437
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	'
		Daily expected				Daily expected			Daily expected			Avg. daily
		stock price				mean return on			dividend yield			risk free
		volatility				equity						interest rate
			2.1071	%			0.0515	%		0	%		0.0026	%
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Table Text Block]	'
				Number of				Weighted
				Shares				Average
								Grant
								Date Fair
								Value
	Non-vested stock awards as of January 31, 2013			196,903			$	2.31
	Granted			258,088			$	3.26
	Vested			(67,907	)		$	3.58
	Forfeited			(180,208	)		$	2.19
	Non-vested stock awards as of January 31, 2014			206,876			$	3.19

Note_4_Other_Current_Liabiliti1

Note 4 - Other Current Liabilities (Tables)	12 Months Ended
	Jan. 31, 2014
Other Liabilities and Financial Instruments Subject to Mandatory Redemption [Abstract]	'
Schedule of Accrued Liabilities [Table Text Block]	'
		2014		2013
		(In thousands)
	Broker payable	$	1,371	$	-
	Professional service fees		69		87
	Accounts payable		15		51
	Accrued expenses		2		5
	Total other current liabilities	$	1,457	$	143

Note_5_Income_Taxes_Tables

Note 5 - Income Taxes (Tables)	12 Months Ended
	Jan. 31, 2014
Income Tax Disclosure [Abstract]	'
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	'
		2014			2013
		(In thousands)
	Current:
	Federal	$	(195	)	$	(1,013	)
	State		(4	)		73
		$	(199	)	$	(940	)
	Deferred:
	Federal	$	77		$	32
	State		(37	)		1
		$	40		$	33
	Income tax provision (benefit)	$	(159	)	$	(907	)
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	'
		2014			2013
		(In thousands)
	Deferred tax assets (liabilities):
	Accrued liabilities	$	23		$	18
	Stock based compensation		254			97
	State income taxes		-			26
	Net Operating Loss		20			-
	Unrealized losses on marketable securities		86			404
	Other		8			47
	Total deferred tax assets		391			592
	Valuation allowance		(254	)		(97	)
	Net deferred income tax asset	$	137		$	495
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	'
			2014			2013
	Statutory federal income tax rate		34	%		34	%
	State tax		4.1			5.5
	Stock based compensation		(10.2	)		0.7
	Other		3.1			(0.2	)
	Reserve for uncertain tax positions		-			(146.7	)
	Change in valuation allowance		(15.4	)		1.6
	Provision (benefit) for income taxes		15.6	%		(105.1	)%
Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]	'
			2014			2013
			(In thousands)
	Beginning balance	$	276		$	1,643
	Additions based on tax positions related to current year		-			9
	Subtractions for tax positions of prior years		-			(1,376	)
	Ending balance	$	276		$	276

Note_6_Earnings_Per_Share_Tabl

Note 6 - Earnings Per Share (Tables)	12 Months Ended
	Jan. 31, 2014
Earnings Per Share [Abstract]	'
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	'
			2014							2013
			N et				Per			Net			Per
							Share						Share
			Loss		Shares		Amount			Income	Shares		Amount
			(In thousands, except per share amounts)
	Basic EPS
	Earnings available to common stockholders	$	(858	)	2,718	$	(0.32	)	$	1,770	3,167	$	0.56
	Effect of Dilutive Securities
	Restricted Shares		-		-		-			-	1		-
	Options		-		-		-			-	168		-
	Diluted EPS
	Earnings available to common stockholders with assumed conversions	$	(858	)	2,718	$	(0.32	)	$	1,770	3,336	$	0.53

Note_9_Segment_Reporting_Table

Note 9 - Segment Reporting: (Tables)	12 Months Ended
	Jan. 31, 2014
Segment Reporting [Abstract]	'
Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area [Table Text Block]	'
			Years Ended January 31,
			2014		2013
			(In thousands)
	United States	$	1,420	$	1,511
	Japan		2,185		978
	Other		-		4
		$	3,605	$	2,493

Note_10_Commitments_Tables

Note 10 - Commitments (Tables)	12 Months Ended
	Jan. 31, 2014
Disclosure Text Block Supplement [Abstract]	'
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]	'
			Operating
			Leases
			(In thousands)
	2015	$	26
	2016		13
		$	39

Note_1_Organization_Business_a1

Note 1 - Organization, Business and Summary of Significant Accounting Policies (Details) (USD $)	Jan. 31, 2014	Jan. 31, 2013	Jan. 31, 2014	Jan. 31, 2014	Jan. 31, 2014	Jan. 31, 2014
			Computer Equipment [Member]	Computer Equipment [Member]	Furniture and Fixtures [Member]	Other Current Liabilities [Member]
			Minimum [Member]	Maximum [Member]
Note 1 - Organization, Business and Summary of Significant Accounting Policies (Details) [Line Items]	'	'	'	'	'	'
Retained Earnings (Accumulated Deficit)	$5,768,000	$6,626,000	'	'	'	'
Due to Correspondent Brokers	'	'	'	'	'	1,400,000
Cash and Marketable Securities	10,900,000	'	'	'	'	'
Assets, Net	12,400,000	'	'	'	'	'
Allowance for Doubtful Accounts Receivable	0	0	'	'	'	'
Accrued Fees and Other Revenue Receivable	$417,000	$467,000	'	'	'	'
Property, Plant and Equipment, Useful Life	'	'	'3 years	'5 years	'10 years	'

Note_2_Cash_Cash_Equivalents_a2

Note 2 - Cash, Cash Equivalents, and Marketable Securities (Details) - Summary of Cash, Cash Equivalents, and Marketable Securities (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Jan. 31, 2014	Jan. 31, 2013	Jan. 31, 2012
Summary of Cash, Cash Equivalents, and Marketable Securities [Abstract]	'	'	'
Cost - Cash and cash equivalents	$7,962	$8,866	$10,433
Estimated Fair Value - Cash and cash equivalents	7,962	8,866	'
Cost - Exchange traded marketable securities	4,521	3,970	'
Unrealized Losses Less Than 12 Months - Exchange traded marketable securities	-220	-1,060	'
Estimated Fair Value - Exchange traded marketable securities	4,301	2,910	'
Cost	12,483	12,836	'
Estimated Fair Value	12,263	11,776	'
Unrealized Losses Less Than 12 Months	($220)	($1,060)	'

Note_3_Stock_Option_and_Purcha2

Note 3 - Stock Option and Purchase Plan (Details) (USD $)

12 Months Ended

1 Months Ended

12 Months Ended

12 Months Ended

1 Months Ended

12 Months Ended

12 Months Ended

0 Months Ended

12 Months Ended

Jan. 31, 2014

Jan. 31, 2013

Jan. 31, 2014

Jan. 31, 2014

Jan. 31, 2014

Jan. 31, 2013

Jan. 31, 2014

Jan. 31, 2013

Aug. 31, 2013

Jan. 31, 2014

Aug. 26, 2010

Jan. 31, 2014

Jan. 31, 2012

Jun. 30, 2003

Jun. 30, 2001

Jun. 30, 1999

Jun. 30, 1998

Jun. 30, 2005

30-May-96

Jan. 31, 2014

Jun. 30, 2005

Jan. 31, 2014

Jan. 31, 2014

Jan. 31, 2014

Jan. 31, 2014

Jan. 31, 2013

Jul. 11, 2013

Jan. 31, 2014

Jan. 31, 2014

Oct. 31, 2010

Oct. 31, 2010

Oct. 31, 2010

Oct. 31, 2010

Market Based Award [Member]

2005 Incentive Plan [Member]

Employee Stock Option [Member]

Employee Stock Option [Member]

Restricted Stock [Member]

Restricted Stock [Member]

Restricted Stock [Member]

Restricted Stock [Member]

Restricted Stock [Member]

Restricted Stock [Member]

Restricted Stock [Member]

1996 Incentive Plan [Member]

1996 Incentive Plan [Member]

1996 Incentive Plan [Member]

1996 Incentive Plan [Member]

1996 Incentive Plan [Member]

1996 Incentive Plan [Member]

2005 Incentive Plan [Member]

2005 Incentive Plan [Member]

2005 Incentive Plan [Member]

2005 Incentive Plan [Member]

2005 Incentive Plan [Member]

Incentive Plans 1996 and 2005 [Member]

Incentive Plans 1996 and 2005 [Member]

Chief Executive Officer [Member]

Maximum [Member]

Minimum [Member]

Target Price 1 [Member]

Target Price 2 [Member]

Target Price 3 [Member]

Target Price 4 [Member]

Restricted Stock [Member]

Restricted Stock [Member]

2005 Incentive Plan [Member]

2005 Incentive Plan [Member]

Chief Executive Officer [Member]

Chief Executive Officer [Member]

Chief Executive Officer [Member]

Maximum [Member]

Minimum [Member]

Less Than [Member]

2005 Incentive Plan [Member]

Note 3 - Stock Option and Purchase Plan (Details) [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term

'5 years 47 days

'6 years 116 days

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'10 years

'

'

'

'

'

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'10 years

'

'4 years

'3 years

'

'

'

'

'4 years

'3 years

'

'

'

'

Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized

5,200,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

289,000

1,267,000

'

500,000

'

'

'

'

'

'

'

'

'

'

'

'

Share-based Compensation Arrangement by Share-based Payment Award, Number of Additional Shares Authorized

'

'

'

'

'

'

'

'

'

'

'

'

'

700,000

750,000

750,000

1,200,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

267,000

'

'

'

'

'

'

'

'

'

'

'

'

'

Execise Price to Fair Market Value of Common Stock, Percentage

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

100.00%

'

'

'

'

'

'

'

'

'

Exercise Price for Non-Statutory Stock Option As a Percentage of Common Stock

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

85.00%

'

'

'

'

'

'

'

'

'

Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value (in Dollars per share)

$1.47

$1.90

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period, Intrinsic Value (in Dollars)

$8,700

$205,341

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Proceeds from Stock Options Exercised (in Dollars)

42,000

5,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

41,550

4,390

'

'

'

'

'

'

'

Stock Repurchased During Period, Shares

'

26,389

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Treasury Stock, Value, Acquired, Cost Method (in Dollars)

1,621,000

1,944,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

99,750

'

'

'

'

'

'

'

Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term

'7 years

'7 years 292 days

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate

36.30%

42.50%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate

1.23%

1.75%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Share-based Compensation (in Dollars)

961,000

241,000

'

'

96,000

139,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Excess Tax Benefit from Share-based Compensation, Operating Activities (in Dollars)

8,700

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized (in Dollars)

42,572

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition

'

'

'

'

'

'

'

'

'

'

'

'1 year 25 days

'

'

'

'

'

'

'

'1 year 361 days

'

'

'

'

'

'

'

'

'

'

'

'

'

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period

'

'

250,000

'

'

'

258,088

17,577

250,000

'

'

258,088

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period

'

52,202

'

'

'

'

'

'

'

62,500

'

67,907

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value (in Dollars)

'

'

'

'

'

'

254,501

199,794

'

812,000

'

235,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Allocated Share-based Compensation Expense (in Dollars)

'

'

'

812,000

'

'

865,000

102,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period

'

'

'

'

'

'

'

'

'

'

'

180,208

'

'

'

'

'

'

'

'

'

'

'

'

'

'

150,000

'

'

'

'

'

'

Share Price (in Dollars per share)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$3.75

$4

$4.25

$4.50

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value (in Dollars per share)

'

'

'

'

'

'

'

'

'

'

$3.76

$3.19

$2.31

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Share-based Compensation Arrangement by Share-based Payment Award Self-tender of Common Stock Percentage

33.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Share-based Compensation Arrangement by Share-based Award Extraordinary Transaction Extraordinary Event Percentage Outstanding Common Stock

20.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instrument, Fair Value Assumptions, Volatility Period

'

'

'

'

'

'

'

'

'

'4 years

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Share-Based Compensation Arrangement By Share-Based Payment Award Equity Instruments Other Than Options Treasury Yield Period

'

'

'

'

'

'

'

'

'

'3 years

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Share-Based Compensation Arrangement By Share-Based Payment Award Non Option Equity Instruments Number Of Tranches

'

'

'

'

'

'

'

'

'

'4 years

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Share-Based Compensation Arrangement By Share-Based Payment Award Equity Instruments Other Than Options Amortization Of Tranche

'

'

'

'

'

'

'

'

'

'4 years

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Share-based Awards Other than Options (in Dollars)

'

'

'

'

'

'

'

'

'

'

'

$31,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Note_3_Stock_Option_and_Purcha3

Note 3 - Stock Option and Purchase Plan (Details) - Option Activity under the 1996 Equity Incentive Plan and 2005 Incentive Plan (USD $)	12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Jan. 31, 2014	Jan. 31, 2013	Jan. 31, 2012
Option Activity under the 1996 Equity Incentive Plan and 2005 Incentive Plan [Abstract]	'	'	'
Options	400	513	574
Weighted Average Exercise Price	$2.68	$2.71	$2.39
Weighted Average Remaining Contractual Term (Years)	'5 years 47 days	'6 years 116 days	'
Aggregate Intrinsic Value	$439	$437	'
Stock options exercisable, January 31, 2014	374	'	'
Stock options exercisable, January 31, 2014	$2.61	'	'
Stock options exercisable, January 31, 2014	'4 years 328 days	'	'
Stock options exercisable, January 31, 2014	$437	'	'
Options Granted	6	82	'
Weighted Average Exercise Price of Granted Options	$3.71	$3.92	'
Options Exercise	-15	-95	'
Weighted Average Exercise Price of Exercise Options	$2.77	$1.65	'
Options Canceled or Expired	-104	-48	'
Weighted Average Exercise Price of Canceled or Expired Options	$2.88	$2.97	'

Note_3_Stock_Option_and_Purcha4

Note 3 - Stock Option and Purchase Plan (Details) - Valuation Assumptions in Determining the Fair Value of Awards Granted	12 Months Ended
	Jan. 31, 2014	Jan. 31, 2013
Note 3 - Stock Option and Purchase Plan (Details) - Valuation Assumptions in Determining the Fair Value of Awards Granted [Line Items]	'	'
	36.30%	42.50%
	1.23%	1.75%
Monte Carlo Simulation [Member]	'	'
Note 3 - Stock Option and Purchase Plan (Details) - Valuation Assumptions in Determining the Fair Value of Awards Granted [Line Items]	'	'
	2.11%	'
	0.05%	'
	0.00%	'
	0.00%	'

Note_3_Stock_Option_and_Purcha5

Note 3 - Stock Option and Purchase Plan (Details) - Summary of Non-Vested Restricted Stock Awards (USD $)	12 Months Ended
	Jan. 31, 2013	Jan. 31, 2014	Jan. 31, 2012
		Restricted Stock [Member]	Restricted Stock [Member]
Note 3 - Stock Option and Purchase Plan (Details) - Summary of Non-Vested Restricted Stock Awards [Line Items]	'	'	'
Non-vested stock awards as of January 31, 2013	'	'	196,903
Non-vested stock awards as of January 31, 2013	'	'	$2.31
Granted	'	258,088	'
Granted	'	$3.26	'
Vested	-52,202	-67,907	'
Vested	'	$3.58	'
Forfeited	'	-180,208	'
Forfeited	'	$2.19	'
Non-vested stock awards as of January 31, 2014	'	206,876	196,903
Non-vested stock awards as of January 31, 2014	'	$3.19	$2.31

Note_4_Other_Current_Liabiliti2

Note 4 - Other Current Liabilities (Details) - Other Current Liabilities (USD $)	Jan. 31, 2014	Jan. 31, 2013
In Thousands, unless otherwise specified
Note 4 - Other Current Liabilities (Details) - Other Current Liabilities [Line Items]	'	'
Other current liabilities	$1,457	$143
Broker Payable [Member]	'	'
Note 4 - Other Current Liabilities (Details) - Other Current Liabilities [Line Items]	'	'
Other current liabilities	1,371	'
Professional Service Fees [Member]	'	'
Note 4 - Other Current Liabilities (Details) - Other Current Liabilities [Line Items]	'	'
Other current liabilities	69	87
Accounts Payable [Member]	'	'
Note 4 - Other Current Liabilities (Details) - Other Current Liabilities [Line Items]	'	'
Other current liabilities	15	51
Accrued Expenses [Member]	'	'
Note 4 - Other Current Liabilities (Details) - Other Current Liabilities [Line Items]	'	'
Other current liabilities	$2	$5

Note_5_Income_Taxes_Details

Note 5 - Income Taxes (Details) (USD $)	3 Months Ended	12 Months Ended
	Jan. 31, 2014	Jan. 31, 2014	Jan. 31, 2013	Jan. 31, 2012	Feb. 01, 2007
Note 5 - Income Taxes (Details) [Line Items]	'	'	'	'	'
Deferred Tax Assets, Net	$137,000	$137,000	$495,000	'	'
Valuation Allowance, Deferred Tax Asset, Change in Amount	157,000	'	'	'	'
Unrecognized Tax Benefits	276,000	276,000	276,000	1,643,000	2,000,000
Increase (Decrease) in Deferred Income Taxes	'	'	1,376,000	'	'
Income Tax Statute Of Limitations Period	'	'	'3 years	'	'
Unrecognized Tax Benefits that Would Impact Effective Tax Rate	276,000	276,000	'	'	'
Unrecognized Tax Benefits, Income Tax Penalties and Interest Expense	'	9,000	9,000	'	'
Deferred Tax Assets, Valuation Allowance	254,000	254,000	97,000	'	'
Unrecognized Tax Benefit [Member]	'	'	'	'	'
Note 5 - Income Taxes (Details) [Line Items]	'	'	'	'	'
Increase (Decrease) in Deferred Income Taxes	'	'	1,265,000	'	'
Accrued Interest Expense [Member]	'	'	'	'	'
Note 5 - Income Taxes (Details) [Line Items]	'	'	'	'	'
Increase (Decrease) in Deferred Income Taxes	'	'	$111,000	'	'

Note_5_Income_Taxes_Details_In

Note 5 - Income Taxes (Details) - Income Tax Provision (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Jan. 31, 2014	Jan. 31, 2013
Note 5 - Income Taxes (Details) - Income Tax Provision [Line Items]	'	'
Federal	($195)	($1,013)
State	-4	73
	-199	-940
Federal	77	32
State	-37	1
	41	45
Income tax provision (benefit)	-159	-907
With Credit To APIC Adjustment [Member]	'	'
Note 5 - Income Taxes (Details) - Income Tax Provision [Line Items]	'	'
	$40	$33

Note_5_Income_Taxes_Details_Su

Note 5 - Income Taxes (Details) - Summary of Temporary Differences (USD $)	Jan. 31, 2014	Jan. 31, 2013
Deferred tax assets (liabilities):	'	'
Accrued liabilities	$23,000	$18,000
Stock based compensation	254,000	97,000
State income taxes	'	26,000
Net Operating Loss	20,000	'
Unrealized losses on marketable securities	86,000	404,000
Other	8,000	47,000
Total deferred tax assets	391,000	592,000
Valuation allowance	-254,000	-97,000
Net deferred income tax asset	$137,000	$495,000

Note_5_Income_Taxes_Details_Pr

Note 5 - Income Taxes (Details) - Provision (Benefit) for Income Taxes	12 Months Ended
	Jan. 31, 2014	Jan. 31, 2013
Provision (Benefit) for Income Taxes [Abstract]	'	'
Statutory federal income tax rate	34.00%	34.00%
State tax	4.10%	5.50%
Stock based compensation	-10.20%	0.70%
Other	3.10%	-0.20%
Reserve for uncertain tax positions	'	-146.70%
Change in valuation allowance	-15.40%	1.60%
Provision (benefit) for income taxes	15.60%	-105.10%

Note_5_Income_Taxes_Details_Un

Note 5 - Income Taxes (Details) - Unrecognized Tax Benefits (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Jan. 31, 2013	Jan. 31, 2014	Feb. 01, 2007
Unrecognized Tax Benefits [Abstract]	'	'	'
Beginning balance	$1,643	$276	$2,000
Additions based on tax positions related to current year	9	'	'
Subtractions for tax positions of prior years	-1,376	'	'
Ending balance	$276	$276	$2,000

Note_6_Earnings_Per_Share_Deta

Note 6 - Earnings Per Share (Details)	12 Months Ended
	Jan. 31, 2014	Jan. 31, 2013
Earnings Per Share [Abstract]	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	122,000	145,000
Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements	129,000	'

Note_6_Earnings_Per_Share_Deta1

Note 6 - Earnings Per Share (Details) - Earnings per Share (USD $)	12 Months Ended
In Thousands, except Share data, unless otherwise specified	Jan. 31, 2014	Jan. 31, 2013
Basic EPS	'	'
Earnings available to common stockholders (in Dollars)	($858)	$1,770
Earnings available to common stockholders	2,718,000	3,167,000
Earnings available to common stockholders (in Dollars per share)	($0.32)	$0.56
Effect of Dilutive Securities	'	'
Effect of Dilutive Securities	129,000	'
Diluted EPS	'	'
Earnings available to common stockholders with assumed conversions (in Dollars)	($858)	$1,770
Earnings available to common stockholders with assumed conversions	2,718,000	3,336,000
Earnings available to common stockholders with assumed conversions (in Dollars per share)	($0.32)	$0.53
Restricted Stock [Member]	'	'
Effect of Dilutive Securities	'	'
Effect of Dilutive Securities	'	1,000
Equity Option [Member]	'	'
Effect of Dilutive Securities	'	'
Effect of Dilutive Securities	'	168,000

Note_7_Common_Stock_Repurchase1

Note 7 - Common Stock Repurchases (Details) (USD $)	12 Months Ended		3 Months Ended
	Jan. 31, 2014	Jan. 31, 2013	Apr. 30, 2013
			Subsequent Event [Member]
Note 7 - Common Stock Repurchases (Details) [Line Items]	'	'	'
Stock Repurchase Program, Number of Shares Authorized to be Repurchased	450,091	'	'
Treasury Stock Acquired, Average Cost Per Share (in Dollars per share)	$1,620,458	'	'
Stock Repurchased During Period, Shares	'	26,389	19,903
Stock Repurchased During Period, Value (in Dollars)	'	'	$74,095

Note_8_Employee_Savings_Plan_D

Note 8 - Employee Savings Plan (Details) (USD $)	12 Months Ended
	Jan. 31, 2014	Jan. 31, 2013
Compensation and Retirement Disclosure [Abstract]	'	'
Defined Contribution Plan, Employer Matching Contribution, Percent of Employees' Gross Pay	50.00%	'
Defined Contribution Plan, Maximum Annual Contributions Per Employee, Amount	$2,000	'
Defined Contribution Plan, Employer Discretionary Contribution Amount	$4,300	$5,300

Note_9_Segment_Reporting_Detai

Note 9 - Segment Reporting: (Details)	12 Months Ended
	Jan. 31, 2014	Jan. 31, 2013
Note 9 - Segment Reporting: (Details) [Line Items]	'	'
Number of Reportable Segments	1	'
Concentration Risk, Percentage	100.00%	'
Sales [Member]	'	'
Note 9 - Segment Reporting: (Details) [Line Items]	'	'
Concentration Risk, Percentage	93.00%	70.00%

Note_9_Segment_Reporting_Detai1

Note 9 - Segment Reporting: (Details) - Revenues by Geographic Region: (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Jan. 31, 2014	Jan. 31, 2013
Note 9 - Segment Reporting: (Details) - Revenues by Geographic Region: [Line Items]	'	'
Revenue by segment geographic locations	$3,605	$2,493
UNITED STATES	'	'
Note 9 - Segment Reporting: (Details) - Revenues by Geographic Region: [Line Items]	'	'
Revenue by segment geographic locations	1,420	1,511
JAPAN	'	'
Note 9 - Segment Reporting: (Details) - Revenues by Geographic Region: [Line Items]	'	'
Revenue by segment geographic locations	2,185	978
Other Location [Member]	'	'
Note 9 - Segment Reporting: (Details) - Revenues by Geographic Region: [Line Items]	'	'
Revenue by segment geographic locations	'	$4

Note_10_Commitments_Details

Note 10 - Commitments (Details) (USD $)	12 Months Ended
	Jan. 31, 2014	Jan. 31, 2013
Disclosure Text Block Supplement [Abstract]	'	'
Operating Lease Term - Years	'2 years	'
Operating Lease Term - Months	'6 months	'
Operating Leases, Rent Expense	$25,800	$24,677

Note_10_Commitments_Details_Fu

Note 10 - Commitments (Details) - Future Minimum Rental Payments (USD $)	Jan. 31, 2014
In Thousands, unless otherwise specified
Future Minimum Rental Payments [Abstract]	'
2015	$26
2016	13
	$39

Note_11_Other_Income_Details

Note 11 - Other Income (Details) (USD $)	12 Months Ended
	Jan. 31, 2014	Jan. 31, 2013
Other Income and Expenses [Abstract]	'	'
Other Nonoperating Income (Expense)	($2,208,000)	$173,000
Marketable Securities, Realized Gain (Loss)	-2,217,000	58,000
Reversal of Accrued Interest Expense	'	$111,000

Note_12_Risks_and_Uncertaintie1

Note 12 - Risks and Uncertainties (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Jan. 31, 2014	Jan. 31, 2013
Note 12 - Risks and Uncertainties (Details) [Line Items]	'	'
Concentration Risk, Percentage	100.00%	'
Licenses Revenue (in Dollars)	$3,605	$2,493
OEM Customers [Member] | Sales Revenue, Goods, Net [Member]	'	'
Note 12 - Risks and Uncertainties (Details) [Line Items]	'	'
Concentration Risk, Percentage	'	100.00%
Credit Concentration Risk [Member]	'	'
Note 12 - Risks and Uncertainties (Details) [Line Items]	'	'
Number of Customers	'	3
Concentration Risk, Percentage	93.00%	'
Adobe Technology [Member]	'	'
Note 12 - Risks and Uncertainties (Details) [Line Items]	'	'
Licenses Revenue (in Dollars)	$800	$700
Accounts Receivable [Member]	'	'
Note 12 - Risks and Uncertainties (Details) [Line Items]	'	'
Number of Customers	3	'
Concentration Risk, Percentage	'	90.00%