The Company leases its headquarters located in Sunnyvale, California, as well as office and data center space in several locations under non-cancelable operating lease agreements, with expiration dates through fiscal 2030. The lease agreements often include escalating rent payments, renewal provisions and other provisions which require the Company to pay common area maintenance costs, property taxes and insurance. The lease agreements do not contain any material residual value guarantees or material restrictive covenants.

Operating lease right-of-use assets and long-term operating lease liabilities are included on the face of the consolidated balance sheet. Short-term operating lease liabilities are presented within accrued expenses and other current liabilities.

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

	As of
	January 31, 2022			January 31, 2021
Assets
Operating lease right-of-use assets	$	14,396		$	6,045
Total leased assets	$	14,396		$	6,045
Liabilities
Short-term operating lease liabilities	$	3,260		$	3,831
Long-term operating lease liabilities		11,194			2,815
Total lease liabilities	$	14,454		$	6,646

Weighted-average remaining lease term	5.8 years			2.2 years
Weighted-average discount rate		3.7	%		4.6	%

	Fiscal Year Ended January 31,
	2022		2021		2020
Operating lease costs ⁽¹⁾	$	3,861	$	3,947	$	2,796
Variable lease costs ⁽²⁾		972		948		1,062
Total lease cost	$	4,833	$	4,895	$	3,858

(1) Recognized on a straight-line basis over the lease term. Includes rent for leases with initial terms of twelve months or less, which were not material.

(2) Primarily included common area maintenance, utilities and property taxes and insurance, which were expensed as incurred.

Effective May 2021, the Company extended the sublease term for its corporate headquarters in Sunnyvale, California from an end date of January 31, 2022 to March 15, 2029. The total undiscounted rental payments associated with the sublease extension are approximately $11.1 million from February 2022 onwards. The Company is also required to continue paying common area maintenance costs, property taxes and insurance. This sublease extension is a lease modification that qualifies as a change of accounting for the original sublease and not a separate contract. Accordingly, in the second quarter of fiscal 2022, the Company remeasured its operating lease liability using the present value of the revised rental payments and recognized the difference of $9.5 million between the new lease liability and the old lease liability as an increase to the operating lease right-of-use asset.

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

	Fiscal Year Ended January 31,
	2022		2021		2020
Cash payments for operating leases	$	3,945	$	3,343	$	2,148
Right-of-use assets recognized in exchange for new operating lease obligations	$	11,289	$	1,196	$	5,856

As of January 31, 2022, maturities of operating lease liabilities were as follows (in thousands):

Fiscal Years Ending January 31,	January 31, 2022
2023	$	3,188
2024		3,175
2025		2,840
2026		1,662
2027		1,684
Thereafter		3,555
Total future minimum lease payments		16,104
Less: imputed interest		(1,650	)
Present value of lease liabilities	$	14,454