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Debt
6 Months Ended
Jul. 31, 2025
Debt Disclosure [Abstract]  
Debt Debt
Under the Company’s loan and security agreement with MUFG Bank, Ltd, for a three-year senior secured revolving loan facility of up to $25.0 million, including a letter of credit sublimit of up to $5.0 million, and an uncommitted accordion feature that provides up to $25.0 million of additional borrowing capacity (the “Credit Facility”), as of July 31, 2025, the Company did not have any debt outstanding under the Credit Facility and had outstanding letters of credit totaling $0.9 million against the letter of credit sublimit.
Under the Credit Facility, the Company is subject to a minimum consolidated adjusted EBITDA covenant, tested quarterly. The Credit Facility also contains certain customary affirmative and negative covenants as well as customary events of default, subject to certain exceptions, including restrictions on the ability of the Company and its subsidiaries to, among other things, incur debt, grant liens, make acquisitions, suffer changes in control, make investments, make certain dividends or distributions, repurchase or redeem stock, dispose of or transfer assets, and enter into transactions with affiliates, in each case, subject to customary and other agreed limitations and exceptions. The Company was in compliance with the financial covenants as of July 31, 2025.