XML 24 R16.htm IDEA: XBRL DOCUMENT
v3.25.3

Leases | 9 Months Ended
--- | ---
Oct. 31, 2025
Leases [Abstract] |
Leases | 7. Leases In December 2024, the Company entered into a new office lease for its headquarters in Santa Clara, California with a term of 104 months from September 1, 2025 to April 30, 2034 and an option to extend for an additional five years. The lease commencement date was established on September 1, 2025. Accordingly, an operating lease right-of-use (ROU) asset of approximately $10.0 million, net of $0.5 million of lease incentives and prepayments, and a corresponding $10.5 million lease liability was recorded in the condensed consolidated balance sheets as of the lease commencement date. The optional lease term is not recognized as part of the ROU asset and lease liability. The operating lease expense was approximately $0.9 million and $0.9 million for the three months ended October 31, 2025 and 2024, respectively, and was approximately $2.7 million and $2.9 million for the nine months ended October 31, 2025 and 2024, respectively. The Company's short-term leases and finance leases were not material as of October 31, 2025 and January 31, 2025, respectively. Supplemental cash flow information related to the operating leases is as follows:
|  | Three Months Ended October 31, |  |  | Nine Months Ended October 31, |
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
|  | (in thousands) |
Cash paid for operating leases included in operating cash flows |  | $ | 464 |  |  | $ | 950 |  |  | $ | 2,409 |  |  | $ | 2,937 |
Operating lease assets obtained in exchange for lease obligations |  | $ | 9,992 |  |  | $ | 141 |  |  | $ | 10,058 |  |  | $ | 3,476 |
As of October 31, 2025, the weighted average remaining lease term is 7.06 years, and the weighted average discount rate is 7.96 percent. Future minimum lease payments for the lease liabilities are as follows:
|  | As of |
|  | October 31, 2025 |
Fiscal Year |  | (in thousands) |
2026 (3 months remaining) |  | $ | 492 |
2027 |  |  | 2,991 |
2028 |  |  | 2,653 |
2029 |  |  | 1,896 |
2030 |  |  | 1,952 |
Thereafter |  |  | 8,684 |
Total future annual minimum lease payments |  |  | 18,668 |
Less: interest |  |  | (5,022 | )
Total lease liabilities |  | $ | 13,646 |

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/842-20/tableOfContent + Details
Name: | us-gaap_LesseeOperatingLeasesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration