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Operating Leases (Tables)
3 Months Ended
Apr. 30, 2024
Leases [Abstract]  
Summary of Supplemental Balance Sheet Information Related to Leases

Supplemental balance sheet information related to leases was as follows (in thousands):

 

 

 

 

 

 

 

 

 

As of

 

 

 

 

 

 

 

 

April 30,
2024

 

January 31,
2024

Assets

 

 

 

 

 

 

 

 

 

 

 

 

Operating lease right-of-use assets

 

 

 

 

 

 

 

$

16,596

 

$

17,041

   Total leased assets

 

 

 

 

 

 

 

$

16,596

 

$

17,041

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

Short-term operating lease liabilities

 

 

 

 

 

 

 

$

3,725

 

$

3,742

Long-term operating lease liabilities

 

 

 

 

 

 

 

 

13,317

 

 

13,676

   Total lease liabilities

 

 

 

 

 

 

 

$

17,042

 

$

17,418

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average remaining lease term

 

 

 

 

 

 

 

 

5.8 years

 

 

6.0 years

Weighted-average discount rate

 

 

 

 

 

 

 

 

6.3%

 

 

6.2%

Summary of Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to leases was as follows (in thousands):

 

 

 

 

 

Three Months Ended

 

 

 

 

 

 

April 30,
2024

 

 

April 30,
2023

 

Cash payments for operating leases

 

 

 

 

$

 

983

 

 

$

 

897

 

Right-of-use assets recognized in exchange for new operating lease obligations

 

 

 

 

$

 

310

 

 

$

 

4,902

 

Summary of Maturities of Operating Lease Liabilities

As of April 30, 2024, maturities of operating lease liabilities were as follows (in thousands):

Fiscal Years Ending January 31,

 

 

 

 

 

 

 

 

 

 

April 30, 2024

2025 remainder

 

 

 

 

 

 

 

 

 

 

$

2,943

2026

 

 

 

 

 

 

 

 

 

 

 

3,810

2027

 

 

 

 

 

 

 

 

 

 

 

3,969

2028

 

 

 

 

 

 

 

 

 

 

 

2,720

2029

 

 

 

 

 

 

 

 

 

 

 

2,742

Thereafter

 

 

 

 

 

 

 

 

 

 

 

4,630

Total future minimum lease payments

 

 

 

 

 

 

 

 

 

 

 

20,814

Less: imputed interest

 

 

 

 

 

 

 

 

 

 

 

(3,772)

      Present value of lease liabilities

 

 

 

 

 

 

 

 

 

 

$

17,042