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Balance Sheet Components
9 Months Ended
Nov. 01, 2025
Disclosure Text Block Supplement [Abstract]  
Balance Sheet Components Balance Sheet Components
Inventories—Inventories consist of the following (in thousands):
As of
November 1, 2025February 1, 2025
Raw materials$7,546 $8,452 
Finished goods47,409 30,459 
Total inventories$54,955 $38,911 
Property and Equipment, Net—Property and equipment, net, comprises the following (in thousands):
As of
November 1, 2025February 1, 2025
Gross property and equipment:
Computers and equipment$20,670 $6,579 
Leasehold improvements48,694 48,551 
Furniture and fixtures17,672 17,464 
Internal-use software costs (1)
73,596 51,410 
Total gross property and equipment160,632 124,004 
Accumulated depreciation and amortization (2)
(82,738)(65,853)
Property and equipment, net$77,894 $58,151 
__________
(1)$22.2 million of internal-use software costs were capitalized during the nine months ended November 1, 2025.
(2)$4.0 million of fully depreciated assets were written off as they were no longer in use during the fiscal year ended February 1, 2025.
The Company’s internal-use software costs included $2.3 million and $6.4 million of capitalized stock-based compensation expense for the three and nine months ended November 1, 2025, respectively, and $1.2 million and $3.5 million of capitalized stock-based compensation expense for the three and nine months ended November 2, 2024, respectively.
Depreciation and amortization of property and equipment included on the Company’s condensed consolidated statements of operations and comprehensive income (loss) was as follows (in thousands):
Three Months EndedNine Months Ended
November 1, 2025November 2, 2024November 1, 2025November 2, 2024
Depreciation and amortization expense (1)
$6,075 $6,757 $16,616 $15,845 
__________
(1)Included in these amounts were the amortization of capitalized internal-use software costs of $3.7 million and $10.0 million for the three and nine months ended November 1, 2025, respectively, and $2.4 million and $6.4 million for the three and nine months ended November 2, 2024, respectively.