XML 25 R15.htm IDEA: XBRL DOCUMENT v3.25.2
Leases
 6 Months Ended
Jul. 31, 2025
Leases [Abstract]  
Leases Leases
The Company leases facilities under non-cancelable operating leases, primarily for rent of office space. The Company's leases have various expiration dates through August 2032, some of which include options to extend the leases for up to seven years. The Company does not have any finance leases.
The components of lease costs were as follows (in thousands):
Three Months Ended July 31,
Six Months Ended July 31,
2025202420252024
Operating lease costs$584$765$1,304$1,530
Variable lease costs$127$164$626$321
Short-term lease costs$104$125$237$248
The following table presents supplemental cash flow information related to leases (in thousands):
Six Months Ended July 31,
20252024
Supplemental Cash Flow Information:
Operating cash outflows from operating leases$1,250$1,625
Cash received for tenant improvement allowance related to the One Santana Lease$1,011$—
Right-of-use assets obtained in exchange for lease obligations:
Operating leases$3,934$81
The weighted-average remaining lease term of the Company’s operating leases and the weighted-average discount rate used to measure the present value of the operating lease liabilities are as follows:
July 31, 2025January 31, 2025
Weighted-average remaining lease term5.7 years5.2 years
Weighted-average discount rate7.5 %5.9 %
As of July 31, 2025, remaining maturities of operating lease liabilities were as follows (in thousands):
Operating Leases
Remaining for Fiscal 2026*
$(1,836)
Fiscal 20272,207
Fiscal 20282,118
Fiscal 20292,211
Fiscal 2030 and thereafter6,091
Total lease payments10,791
Less: imputed interest(2,607)
Total$8,184
*Net of tenant improvement receivables related to the One Santana Lease