XML 46 R29.htm IDEA: XBRL DOCUMENT v3.25.1
Balance Sheet Components (Tables)
 12 Months Ended
Feb. 01, 2025
Disclosure Text Block Supplement [Abstract]  
Schedule of Inventory, Current Inventories consist of the following (in thousands):
As of
February 1, 2025February 3, 2024
Raw materials$8,452 $261 
Finished goods30,459 21,977 
Total inventories$38,911 $22,238 
Schedule of Property and Equipment, Net Property and equipment, net, comprises the following (in thousands):
As of
February 1, 2025February 3, 2024
Gross property and equipment:
Computers and equipment$6,579 $1,758 
Leasehold improvements48,551 50,524 
Furniture and fixtures17,464 22,273 
Internal-use software development costs (1)
51,410 32,137 
Total gross property and equipment124,004 106,692 
Accumulated depreciation and amortization (2)
(65,853)(51,723)
Property and equipment, net (2)
$58,151 $54,969 
__________
(1)Amounts capitalized during the fiscal years ended February 1, 2025, February 3, 2024, and January 28, 2023 were $19.3 million, $9.7 million, and $6.3 million, respectively. The Company’s internal-use software development costs also included $4.8 million, $2.5 million, and $1.6 million of stock-based compensation costs for the fiscal years ended February 1, 2025, February 3, 2024, and January 28, 2023, respectively.
(2)During the fiscal year ended February 1, 2025, the Company wrote off $4.0 million of fully depreciated assets as they were no longer in use.
Depreciation and amortization of property and equipment included on the Company’s consolidated statements of operations and comprehensive loss was as follows (in thousands):
Fiscal Year Ended
February 1, 2025February 3, 2024January 28, 2023
Depreciation and amortization expense (1)
$20,649 $15,526 $11,768 
__________
(1)Included in these amounts were the amortization of capitalized internal-use software development costs of $9.0 million, $4.8 million and $3.9 million for the fiscal years ended February 1, 2025, February 3, 2024, and January 28, 2023, respectively.