Property and Equipment, Net

9 Months Ended

Oct. 31, 2024

Property, Plant and Equipment [Abstract]

Property and Equipment, Net

4. Property and Equipment, Net

Depreciation expense was approximately $1.2 million and $1.2 million for the three months ended October 31, 2024 and 2023, respectively, and was approximately $3.6 million and $3.5 million for the nine months ended October 31, 2024 and 2023, respectively. Property and equipment at October 31, 2024 and January 31, 2024 consisted of the following:

	As of
	October 31, 2024			January 31, 2024
	(in thousands)
Computer hardware and software	$	25,732		$	23,518
Tools and equipment		8,710			8,564
Furniture and fixtures		1,353			1,351
Leasehold improvements		3,452			3,440
Construction in progress		264			166
		39,511			37,039
Less: accumulated depreciation and amortization		(29,827	)		(26,600	)
Total property and equipment, net	$	9,684		$	10,439