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RESTRUCTURING
9 Months Ended
Oct. 31, 2024
Restructuring Charges [Abstract]  
RESTRUCTURING RESTRUCTURING
In June 2023, we announced a restructuring plan (Plan) as a result of a review of current strategic priorities, resource allocation, and cost reduction intended to reduce operating costs, improve operating margins and continue advancing our ongoing commitment to profitable growth. The Plan includes a reduction of our workforce by approximately 5%, or approximately 100 full-time employees. We incurred approximately $5.0 million in charges in connection with the Plan in the nine months ended October 31, 2023, which consists of $5.4 million in charges related to severance payments and employee benefits, $0.7 million related to inventory write-offs, offset partially by $1.1 million in savings related to the reversal on stock-based compensation expense. The charges related to inventory write-offs are recognized as cost of sales and not restructuring operating expenses in our condensed consolidated statements of operations. These costs were paid as of October 31, 2024. The actions associated with the Plan are expected to be fully complete by the end of fiscal 2025, subject to finalizing the disposition of certain office space.