v3.25.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jul. 31, 2025
Jan. 31, 2025
Current assets:    
Cash and cash equivalents $ 43.6 $ 77.4
Restricted cash, current 4.7 4.7
Prepaid expenses and other current assets 15.0 11.8
Total current assets 63.3 93.9
Restricted cash 3.9 4.4
Rental product, net 86.7 73.3
Fixed assets, net 25.2 28.3
Intangible assets, net 2.4 2.4
Operating lease right-of-use assets 30.7 32.1
Other assets 6.8 5.6
Total assets 219.0 240.0
Current liabilities:    
Accounts payable 9.2 6.2
Accrued expenses and other current liabilities 36.4 20.3
Deferred revenue 11.5 10.2
Customer credit liabilities 6.0 6.0
Operating lease liabilities 5.2 4.7
Total current liabilities 68.3 47.4
Long-term debt, net 343.9 333.7
Operating lease liabilities 38.3 41.0
Other liabilities 0.6 0.4
Total liabilities 451.1 422.5
Commitments and Contingencies (Note 14)
Stockholders’ equity (deficit)    
Preferred stock, $0.001 par value; 10,000,000 shares authorized as of July 31, 2025 and January 31, 2025; 0 shares issued and outstanding as of July 31, 2025 and January 31, 2025 0.0 0.0
Additional paid-in capital 943.4 940.5
Accumulated deficit (1,175.5) (1,123.0)
Total stockholders’ equity (deficit) (232.1) (182.5)
Total liabilities and stockholders’ equity (deficit) 219.0 240.0
Common Class A    
Stockholders’ equity (deficit)    
Common stock, value, issued 0.0 0.0
Common Class B    
Stockholders’ equity (deficit)    
Common stock, value, issued $ 0.0 $ 0.0