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Leases

3 Months Ended

Apr. 30, 2026

Leases [Abstract]

Leases

Leases

The Company accounts for leases in accordance with ASC 842 “Leases” (“ASC 842”). We determine whether an arrangement is a lease at inception. This determination generally depends on whether the arrangement conveys the right to control the use of an identified fixed asset explicitly or implicitly for a period of time in exchange for consideration.

We have operating leases for offices and other facilities used for our operations. We also have finance leases relating primarily to machinery and equipment. Our leases have remaining lease terms of approximately 1.2 years to 5.6 years.

Supplemental cash flow and other information related to leases was as follows (in thousands):

			April 30, 2026						April 30, 2025
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases			$	407					$	257
Financing cash flows from finance leases			$	78					$	102

The following table shows the weighted-average lease term and weighted-average discount rate for the Company's ROU lease assets:

			April 30, 2026						January 31, 2026
Weighted average remaining lease term (in years)
Operating leases			3.91						4.15
Finance leases			3.53						3.75
Weighted average discount rate:
Operating leases			6.39		%				6.41		%
Finance leases			8.03		%				8.00		%

Supplemental balance sheet information related to leases was as follows (in thousands):

			April 30, 2026						January 31, 2026
Operating Leases
Operating lease ROU assets			$	7,438					$	7,877
Current operating lease liabilities, included in current liabilities			$	1,743					$	1,690
Non-current operating lease liabilities, included in long-term liabilities			5,743						6,204
Total operating lease liabilities			$	7,486					$	7,894
Finance Leases
Property and equipment at cost			$	1,853					$	1,853
Accumulated depreciation			(861)						(780)
Property and equipment, net			$	992					$	1,073
Current obligations of finance lease liabilities, included in current liabilities			$	327					$	321
Finance leases, net of current obligations, included in long-term liabilities			794						878
Total finance lease liabilities			$	1,121					$	1,199

Maturities of lease liabilities for each of the succeeding fiscal years are as follows (in thousands):

For the fiscal years ended						Finance Leases			Operating Leases			Total Maturities of Lease Liabilities
2027 (remaining)						$	304		$	1,612		$	1,916
2028						398			2,224			2,622
2029						302			2,252			2,554
2030						179			1,852			2,031
2031						111			283			394
Thereafter						6			236			242
Total undiscounted future lease payments						1,300			8,459			9,759
Less: imputed interest						(179)			(973)			(1,152)
Total present value of future lease liabilities						$	1,121		$	7,486		$	8,607

Leases

Leases

The Company accounts for leases in accordance with ASC 842 “Leases” (“ASC 842”). We determine whether an arrangement is a lease at inception. This determination generally depends on whether the arrangement conveys the right to control the use of an identified fixed asset explicitly or implicitly for a period of time in exchange for consideration.

We have operating leases for offices and other facilities used for our operations. We also have finance leases relating primarily to machinery and equipment. Our leases have remaining lease terms of approximately 1.2 years to 5.6 years.

Supplemental cash flow and other information related to leases was as follows (in thousands):

			April 30, 2026						April 30, 2025
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases			$	407					$	257
Financing cash flows from finance leases			$	78					$	102

The following table shows the weighted-average lease term and weighted-average discount rate for the Company's ROU lease assets:

			April 30, 2026						January 31, 2026
Weighted average remaining lease term (in years)
Operating leases			3.91						4.15
Finance leases			3.53						3.75
Weighted average discount rate:
Operating leases			6.39		%				6.41		%
Finance leases			8.03		%				8.00		%

Supplemental balance sheet information related to leases was as follows (in thousands):

			April 30, 2026						January 31, 2026
Operating Leases
Operating lease ROU assets			$	7,438					$	7,877
Current operating lease liabilities, included in current liabilities			$	1,743					$	1,690
Non-current operating lease liabilities, included in long-term liabilities			5,743						6,204
Total operating lease liabilities			$	7,486					$	7,894
Finance Leases
Property and equipment at cost			$	1,853					$	1,853
Accumulated depreciation			(861)						(780)
Property and equipment, net			$	992					$	1,073
Current obligations of finance lease liabilities, included in current liabilities			$	327					$	321
Finance leases, net of current obligations, included in long-term liabilities			794						878
Total finance lease liabilities			$	1,121					$	1,199

Maturities of lease liabilities for each of the succeeding fiscal years are as follows (in thousands):

For the fiscal years ended						Finance Leases			Operating Leases			Total Maturities of Lease Liabilities
2027 (remaining)						$	304		$	1,612		$	1,916
2028						398			2,224			2,622
2029						302			2,252			2,554
2030						179			1,852			2,031
2031						111			283			394
Thereafter						6			236			242
Total undiscounted future lease payments						1,300			8,459			9,759
Less: imputed interest						(179)			(973)			(1,152)
Total present value of future lease liabilities						$	1,121		$	7,486		$	8,607

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- References

No definition available.

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- Definition

The entire disclosure for finance leases of lessee. Includes, but is not limited to, description of lessee's finance lease and maturity analysis of finance 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

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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

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