Variable Interest Entity and Redeemable Non-Controlling Interest (Tables)

12 Months Ended

Jan. 31, 2026

The following table summarizes the activity in the redeemable non-controlling interests for the periods indicated below (in thousands):


Balance as of January 31, 2024	$	192
Net loss attributable to redeemable non-controlling interest	(304)
Balance as of January 31, 2025	$	(112)
Net gain attributable to redeemable non-controlling interest	501
Balance as of January 31, 2026	$	389

Schedule of Variable Interest Entity Assets and Liabilities

The total combined VIE assets, which represent the maximum exposure to loss, and liabilities were as follows (in thousands):


	January 31,
	2026		2025
Assets:
Cash and cash equivalents	$	5,978	$	3,105
Accounts receivable, net of allowance	4,068		1,531
Prepaid expenses and other current assets	1,208		859
Total current assets	11,254		5,495
Property and equipment, net	89		73
Deferred contract costs	1,580		1,267
Other assets	45		41
Total assets	$	12,968	$	6,876
Liabilities:
Accounts payable	$	1,542	$	610
Accrued expenses and other current liabilities	3,640		2,514
Deferred revenue	8,362		5,306
Total liabilities	$	13,544	$	8,430

- Definition

Tabular disclosure of the significant judgments and assumptions made in determining whether a variable interest (as defined) held by the entity requires the variable interest entity (VIE) (as defined) to be consolidated and (or) disclose information about its involvement with the VIE, individually or in aggregate (as applicable); the nature of restrictions, if any, on the consolidated VIE's assets and on the settlement of its liabilities reported by an entity in its statement of financial position, including the carrying amounts of such assets and liabilities; the nature of, and changes in, the risks associated with involvement in the VIE; how involvement with the VIE affects the entity's financial position, financial performance, and cash flows; the lack of recourse if creditors (or beneficial interest holders) of the consolidated VIE have no recourse to the general credit of the primary beneficiary (if applicable); the terms of arrangements, giving consideration to both explicit arrangements and implicit variable interests, if any, that could require the entity to provide financial support to the VIE, including events or circumstances that could expose the entity to a loss; the methodology used by the entity for determining whether or not it is the primary beneficiary of the variable interest entity; the significant factors considered and judgments made in determining that the power to direct the activities of a VIE that most significantly impact the VIE's economic performance are shared (as defined); the carrying amounts and classification of assets and liabilities of the VIE included in the statement of financial position; the entity's maximum exposure to loss, if any, as a result of its involvement with the VIE, including how the maximum exposure is determined and significant sources of the entity's exposure to the VIE; a comparison of the carrying amounts of the assets and liabilities and the entity's maximum exposure to loss; information about any liquidity arrangements, guarantees, and (or) other commitments by third parties that may affect the fair value or risk of the entity's variable interest in the VIE; whether or not the entity has provided financial support or other support (explicitly or implicitly) to the VIE that it was not previously contractually required to provide or whether the entity intends to provide that support, including the type and amount of the support and the primary reasons for providing the support; and supplemental information the entity determines necessary to provide.

+ References + Details