XML 25 R15.htm IDEA: XBRL DOCUMENT v3.25.3
Leases
9 Months Ended
Oct. 31, 2025
Leases [Abstract]  
Leases Leases
The Company leases office space under non-cancelable operating leases with various expiration dates through 2028. These leases require monthly lease payments that may be subject to annual increases throughout the lease term.
Components of lease expense are summarized as follows (in thousands):
 Three Months Ended October 31,Nine Months Ended October 31,
 2024202520242025
Operating lease expense$1,537 $2,008 $4,526 $5,237 
Short-term lease expense307 64 846 560 
Total lease expense$1,844$2,072$5,372$5,797
Sublease income$70$306 $624$922 

Lease term and discount rate information are summarized as follows:
As of October 31, 2025
Weighted average remaining lease term (years)1.9
Weighted average discount rate12.6%
Maturities of lease liabilities as of October 31, 2025 were as follows (in thousands):
Year Ending January 31:
2026$2,158
20278,686
20284,077
Thereafter1,167
Total lease payments16,088
Less imputed interest(1,817)
Present value of lease liabilities$14,271

Cash paid for operating leases was $1.8 million and $1.7 million during the three months ended October 31, 2024 and 2025, respectively, and $5.1 million and $4.4 million during the nine months ended October 31, 2024 and 2025, respectively, and was included in net cash used in operating activities in the condensed consolidated statements of cash flows.
The Company has entered into sublease agreements with various expiration dates through 2028. Under these agreements, the Company expects to receive sublease income of approximately $2.1 million as of October 31, 2025.