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Composition of Certain Financial Statement Items (Tables) | 3 Months Ended
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Apr. 30, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Schedule of Inventories | Inventories consisted of the following:
| April 30, 2025 |  | January 31, 2025
| (in thousands)
Raw materials | $ | 7,188 |  |  | $ | 5,902 |
Finished goods and components | 205,240 |  |  | 203,360 |
Total Inventories | $ | 212,428 |  |  | $ | 209,262 |
Schedule of Prepaid Expense and Other Current Assets | Prepaid expense and other current assets consisted of the following:
| April 30, 2025 |  | January 31, 2025
| (in thousands)
Prepaid expense | $ | 19,924 |  |  | $ | 15,961 |
Other current assets | 26,931 |  |  | 20,474 |
Total Prepaid Expense and Other Current Assets | $ | 46,855 |  |  | $ | 36,435 |
Schedule of Property and Equipment, Net and Depreciation Expense | Property and equipment, net consisted of the following:
| April 30, 2025 |  | January 31, 2025
| (in thousands)
Furniture and fixtures | $ | 1,765 |  |  | $ | 1,683 |
Computers and software | 10,287 |  |  | 9,937 |
Machinery and equipment | 40,275 |  |  | 39,786 |
Tooling | 16,818 |  |  | 16,524 |
Leasehold improvements | 9,468 |  |  | 9,289 |
Owned and operated systems | 32,301 |  |  | 31,880 |
Construction in progress | 626 |  |  | 751 |
| 111,540 |  |  | 109,850 |
Less: Accumulated depreciation | (78,828) |  |  | (74,489) |
Total Property and Equipment, Net | $ | 32,712 |  |  | $ | 35,361 |
The following table presents the depreciation expense:
| Three Months Ended April 30, |  |
| 2025 |  | 2024 |  |  |  |
| (in thousands)
Depreciation expense | $ | 3,887 |  |  | $ | 4,421 |  |  |  |  |
Schedule of Accrued and Other Current Liabilities | Accrued and other current liabilities consisted of the following:
| April 30, 2025 |  | January 31, 2025
| (in thousands)
Accrued expenses | $ | 45,758 |  |  | $ | 37,187 |
Accrued losses on purchase commitments | 11,556 |  |  | 11,928 |
Refundable driver deposits | 17,765 |  |  | 17,201 |
Payroll and related expenses | 13,703 |  |  | 12,064 |
Taxes payable | 19,140 |  |  | 17,294 |
Customer funds | 18,403 |  |  | 17,440 |
Other current liabilities | 15,312 |  |  | 11,565 |
Total Accrued and Other Current Liabilities | $ | 141,637 |  |  | $ | 124,679 |
Schedule of Revenue | Revenue consisted of the following:
| Three Months Ended April 30, |  |
| 2025 |  | 2024 |  |  |  |
| (in thousands)
United States | $ | 74,874 |  |  | $ | 78,814 |  |  |  |  |
Rest of World | 22,766 |  |  | 28,228 |  |  |  |  |
Total revenue | $ | 97,640 |  |  | $ | 107,042 |  |  |  |  |
Schedule of Deferred Revenue | The following table shows the total deferred revenue for each period presented.
| April 30, 2025 |  | January 31, 2025
| (in thousands)
Deferred revenue | $ | 246,596 |  |  | $ | 239,215 |
The following table shows the revenue recognized that was included in the deferred revenue balance at the beginning of the period.
| Three Months Ended April 30, |  |
| 2025 |  | 2024 |  |  |  |
| (in thousands)
Deferred revenue recognized | $ | 31,345 |  |  | $ | 31,803 |  |  |  |  |

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