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Leases
 6 Months Ended
Jul. 31, 2024
Leases [Abstract]  
Leases Leases
Leases

The Company’s lease portfolio consists solely of office space with lease terms ranging from approximately one to ten years. Certain lease agreements include options to renew or terminate the lease, which are not reasonably certain to be exercised and therefore are not factored into the determination of lease payments.

The components of lease cost reflected on the consolidated statements of operations were as follows (in thousands):

Three Months Ended
July 31,		Six Months Ended
July 31,
2024202320242023
Operating lease cost$4,295 $3,862 $9,836 $7,513 
Variable lease cost60 778 870 1,450 
Short-term lease cost129 97 231 385 
Total net lease cost$4,484 $4,737 $10,937 $9,348 


The future maturities of the Company’s operating lease liabilities by fiscal year are as follows (in thousands):

Amount
Remainder of 2025$8,226 
202616,356 
202715,506 
202813,210 
202912,652 
Thereafter51,302 
Total future undiscounted lease payments$117,252 
Less: imputed interest(29,365)
Total reported lease liability$87,887 
The Company's lease terms and discount rates are as follows:
July 31,
20242023
Weighted-average remaining lease term (years)7.96.2
Weighted-average discount rate7.3 %5.6 %

Other information for the Company's leases is as follows (in thousands):
Six Months Ended
July 31,
20242023
Cash paid for amounts included in the measurement of lease liabilities$7,381$5,788
Operating lease right-of-use assets obtained in exchange for new operating lease liabilities$1,837$1,524

Sydney Lease Agreement

In May 2024, the Company entered into a lease agreement for a new office space in Sydney, Australia. The lease commencement date, which is when the premises will become available to the Company for use, is expected to be in the fourth quarter of fiscal year ended January 31, 2025. The Company is obligated to pay $0.1 million per month beginning in the fourth quarter of fiscal year ended January 31, 2025 through the third quarter of fiscal 2030, the expiration date.