v3.25.2
Leases
 6 Months Ended
Jul. 31, 2025
Leases [Abstract]  
Leases Leases
Leases

The Company’s lease portfolio consists solely of office space with lease terms ranging from approximately one to ten years. Certain lease agreements include options to renew or terminate the lease, which are not reasonably certain to be exercised and therefore are not factored into the determination of lease payments.

The components of lease cost reflected on the consolidated statements of operations were as follows (in thousands):

Three Months Ended
July 31,		Six Months Ended
July 31,
2025202420252024
Operating lease cost$4,668 $4,295 $9,189 $9,836 
Variable lease cost1,095 60 1,962 870 
Short-term lease cost274 129 571 231 
Total net lease cost$6,037 $4,484 $11,722 $10,937 


The future maturities of the Company’s operating lease liabilities by fiscal year are as follows (in thousands):

Amount
Remainder of 2026$9,867 
202718,642 
202814,153 
202913,628 
203013,336 
Thereafter39,035 
Total future undiscounted lease payments$108,661 
Less: imputed interest(24,238)
Total reported lease liability$84,423 

The Company's lease terms and discount rates are as follows:
July 31,
20252024
Weighted-average remaining lease term (years)6.87.9
Weighted-average discount rate7.4 %7.3 %

Other information for the Company's leases is as follows (in thousands):
Six Months Ended
July 31,
20252024
Cash paid for amounts included in the measurement of lease liabilities$9,720$7,381
Operating lease right-of-use assets obtained in exchange for new operating lease liabilities$282$1,837