We enter into lease contracts for certain of our facilities at various locations worldwide. Our leases have remaining lease terms of one to ten years, some of which include options to extend the lease term for periods of up to five years when it is reasonably certain that we will exercise such options.

Balance sheet and other information related to our leases is as follows:


Operating Leases (In thousands)	Balance Sheet Classification	April 30, 2025		January 31, 2025
Lease Assets	Right of Use Assets	$	2,763	$	1,781
Lease Liabilities – Current	Other Accrued Expenses	$	528	$	320
Lease Liabilities – Long Term	Lease Liabilities	$	2,318	$	1,535

Lease cost information is as follows:


		Three Months Ended
Operating Leases (In thousands)	Statement of Income Classification	April 30, 2025		April 27, 2024
Operating Lease Costs	General and Administrative Expense	$	158	$	88

Maturities of operating lease liabilities are as follows:


(In thousands)	April 30, 2025
Fiscal 2026, remaining	$	517
Fiscal 2027		676
Fiscal 2028		614
Fiscal 2029		445
Fiscal 2030		352
Thereafter		832
Total Lease Payments		3,436
Less: Imputed Interest		(590	)
Total Lease Liabilities	$	2,846

As of April 30, 2025, the weighted-average remaining lease term and weighted-average discount rate for our operating leases are 6.0 years and 6.06%, respectively. We calculated the weighted-average discount rate using incremental borrowing rates, which equal the rates of interest that we would pay to borrow funds on a fully collateralized basis over a similar term.

Supplemental cash flow information related to leases is as follows:


	Three Months Ended
(In thousands)	April 30, 2025		April 27, 2024
Cash paid for operating lease liabilities	$	144	$	85