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Note 5 - Restructuring | 6 Months Ended
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Jul. 31, 2025
Notes to Financial Statements |
Restructuring and Related Activities Disclosure [Text Block] | (5) Restructuring In connection with strategic initiatives implemented during fiscal 2025, Skillsoft’s management approved and initiated plans to reduce its cost structure and better align operating expenses with existing economic conditions and our operating model. These strategic initiatives included the comprehensive resource reallocation plan announced on July 11, 2024. The following is a summary of restructuring charges by segment for the periods presented (in thousands):
|  | Three Months Ended July 31, |  |  | Six Months Ended July 31, |
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
TDS |  | $ | 1,613 |  |  | $ | 8,883 |  |  | $ | 2,629 |  |  | $ | 10,014 |
GK |  |  | 544 |  |  |  | 2,416 |  |  |  | 874 |  |  |  | 2,252 |
Total |  | $ | 2,157 |  |  | $ | 11,299 |  |  | $ | 3,503 |  |  | $ | 12,266 |
These restructuring charges are presented separately in the accompanying unaudited condensed consolidated statements of operations. Our restructuring charges recognized during the three and six months ended July 31, 2025 were primarily associated with the costs of terminated employees. Our restructuring charges recognized during the three and six months ended July 31, 2024 were primarily associated with the costs of terminated employees, as well as lease terminations and lease impairment charges. The restructuring charge liability activity consisted of the following for the period presented (in thousands):
|  | Six Months Ended |
|  | July 31, 2025 |
Restructuring liability as of beginning-of-period |  | $ | 2,436 |
Restructuring expense during-the-period |  |  | 3,503 |
Cash paid during-the-period |  |  | (3,710 | )
Restructuring liability as of end-of-period |  | $ | 2,229 |
Management has completed the majority of planned restructuring actions as of July 31, 2025; however, we will continue to evaluate our cost structure and operating model to align operating expenses with existing economic conditions, which could result in further restructuring actions.

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- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4.e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479823/420-10-S99-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/420/tableOfContent Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 + Details
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