Quarterly report pursuant to Section 13 or 15(d)

Leases

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Leases
9 Months Ended
Oct. 31, 2022
Leases [Abstract]  
Leases Leases
The Company has operating leases for corporate offices under non-cancelable operating leases with various expiration dates. There are no finance leases.
The components of lease expense were as follows (in thousands):
Three Months Ended October 31, 2022 Nine Months Ended October 31, 2022
Operating lease cost $ 2,047  $ 5,777 
Variable lease cost 18 
Short-term lease cost 168  534 
Total lease cost $ 2,221  $ 6,329 
The weighted average remaining lease term and discount rate were as follows:
October 31, 2022
Weighted average remaining lease term 2.6 years
Weighted average discount rate 11.7  %
The maturities of lease liabilities under non-cancelable operating leases, net of lease incentives, was as follows (in thousands):
October 31, 2022
Remainder of 2023 $ 1,716 
2024 7,805 
2025 3,511 
2026 2,429 
2027 1,208 
Thereafter — 
Total minimum lease payments 16,669 
Less: imputed interest (2,375)
Total $ 14,294 
Rent expense for operating leases for the three and nine months ended October 31, 2021, which were accounted for under ASC 840, Leases (“ASC 840”), was $2.2 million and $5.5 million, respectively.
As previously disclosed in the Company's consolidated financial statements as of and for the year ended January 31, 2022 and under the previous lease accounting standard, future minimum lease payments under non-cancelable operating leases were as follows (in thousands):
Fiscal year ended January 31,
2023 $ 9,676 
2024 8,036 
2025 3,165 
2026 2,034 
2027 and thereafter 1,726 
Total $ 24,637