Leases and Commitments (Tables)

12 Months Ended

Jan. 31, 2025

In accordance with ASC 842, quantitative information regarding our leases is as follows:


	Years ended
	1/31/2025			1/31/2024
	(in thousands)

Operating lease cost	$	7,544		$	5,099
Short-term lease cost	536			421
Sublease income	(40)			(40)
Variable lease cost	1,570			983
Total lease cost	$	9,610		$	6,463

Other operating leases information:
Cash paid for amounts included in the measurement of lease liabilities (in thousands)	$	6,522		$	5,793
Right-of-use assets obtained in exchange for new lease liabilities (in thousands)	$	34,456		$	873
Weighted-average remaining lease term (years)	5.5			1.5
Weighted-average discount rate	9.80		%	6.36		%

Minimum future lease payments (in thousands) for operating leases in effect as of January 31, 2025, are as follows:


	Operating Lease
Year ending January 31,
2026	$	5,308
2027	9,600
2028	9,342
2029	9,587
2030	9,922
Thereafter	6,818
Remaining balance of lease payments	50,577

Short-term lease liabilities	1,673
Long-term lease liabilities	36,007
Total lease liabilities	37,680

Difference between undiscounted cash flows and discounted cash flows	$	12,897