Annual report pursuant to Section 13 and 15(d)

Leases (Tables)

v3.24.1
Leases (Tables)
 12 Months Ended
Jan. 31, 2024
Leases [Abstract]  
Schedule of Lease Cost
The components of lease expense were as follows:
Year Ended January 31,
(in thousands) 2024 2023
Operating lease cost $ 11,086  $ 8,145 
Variable lease cost 1,270  1,147 
Short-term lease cost 714  763 
Total lease cost $ 13,070  $ 10,055 
The weighted-average remaining lease term and discount rate were as follows:
January 31,
2024 2023
Weighted-average remaining lease term (in years) 6.20 2.96
Weighted-average discount rate 10.11  % 11.01  %
Schedule of Maturities of Lease Liabilities
The maturities of lease liabilities under non-cancelable operating leases, net of lease incentives were as follows as of January 31, 2024:
(in thousands)
Fiscal year ended January 31,
2025 $ 8,743 
2026 7,361 
2027 7,063 
2028 5,597 
2029 4,669 
Thereafter 12,802 
Total minimum lease payments (1)
46,235 
Less: imputed interest (12,943)
Total $ 33,292 
(1) Excludes future payments related to the New York operating lease, which has been signed but not yet commenced as of January 31, 2024.