v3.25.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 3 Months Ended
Apr. 30, 2025
Apr. 30, 2024
OPERATING ACTIVITIES    
Net loss $ (26.1) $ (22.0)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Rental product depreciation and write-offs 10.3 11.3
Write-off of rental product sold 2.9 3.6
Other depreciation and amortization 2.7 3.3
Proceeds from rental product sold (4.9) (6.8)
(Gain) / loss from liquidation of rental product (0.2) 0.4
Amortization of debt discount 6.9 6.4
Share-based compensation expense 1.5 3.0
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets 0.2 0.9
Operating lease right-of-use assets 0.7 0.7
Other assets (0.8) (0.4)
Accounts payable, accrued expenses and other current liabilities 13.4 2.8
Deferred revenue and customer credit liabilities 2.4 2.1
Operating lease liabilities (1.1) (0.7)
Other liabilities 0.4 0.0
Net cash (used in) provided by operating activities 8.3 4.6
INVESTING ACTIVITIES    
Purchases of rental product (19.3) (13.1)
Proceeds from liquidation of rental product 0.9 1.1
Proceeds from sale of rental product 4.9 6.8
Purchases of fixed and intangible assets (1.2) (0.8)
Net cash (used in) provided by investing activities (14.7) (6.0)
FINANCING ACTIVITIES    
Other financing payments (0.7) (0.6)
Net cash (used in) provided by financing activities (0.7) (0.6)
Net (decrease) increase in cash and cash equivalents and restricted cash (7.1) (2.0)
Cash and cash equivalents and restricted cash at beginning of period 86.5 94.0
Cash and cash equivalents and restricted cash at end of period 79.4 92.0
Reconciliation of Cash and Cash Equivalents and Restricted Cash to the Condensed Consolidated Balance Sheets:    
Cash and cash equivalents 70.4 82.0
Restricted cash, current 5.1 5.2
Restricted cash, noncurrent 3.9 4.8
Total cash and cash equivalents and restricted cash 79.4 92.0
Cash payments (receipts) for:    
Fixed operating lease payments, net 2.8 2.7
Fixed assets and intangibles received in the prior period 0.0 0.3
Rental product received in the prior period 2.7 3.3
Non-cash financing and investing activities:    
Financing lease right-of-use asset amortization 0.1 0.1
Purchases of fixed assets and intangibles not yet settled 0.0 0.2
Purchases of rental product not yet settled $ 11.3 $ 12.3