v3.26.1
DEBT (Tables)
 12 Months Ended
Jan. 31, 2026
Debt Disclosure [Abstract]  
Schedule of Debt Outstanding
The Company had the following debt outstanding (in thousands):
As of January 31,
20262025
Convertible notes$— $125,000 
Warehouse credit facility118,174 214,238 
Trade loan facility— 45,000 
ABL facility6,000 — 
Notes payable:
2022 promissory note— 150,000 
Other debt621 968 
Total notes payable621 150,968 
Total principal amount of debt and borrowings124,795 535,206 
Less: unamortized debt discount and issuance costs— (11,324)
Plus: accrued interest— 94,056 
Net carrying value of debt and borrowings$124,795 $617,938 
Schedule of Maturities of Long-Term Debt
Future payments of principal associated with other notes payable are as follows (in thousands):
Fiscal YearAmount
2027204 
2028344 
202973 
2030— 
2031— 
Thereafter— 
Total debt outstanding$621 
Less: Notes payable, current(584)
Notes payable, non-current$37 
Schedule Of Interest On Convertible Debt
Interest expense related to the convertible notes was as follows (in thousands):
Year Ended January 31,
202620252024
Amortization of debt discount$1,327 $6,124 $9,267 
Amortization of debt issuance costs89 409 618 
PIK interest18,107 21,174 16,155 
Total non-cash interest expense$19,523 $27,707 $26,040 
Interest expense related to the Vista Facility was as follows (in thousands):
Year Ended January 31,
2026
Amortization of debt discount$1,108 
Amortization of debt issuance costs366 
PIK interest1,355 
Cash interest8,395 
Total interest expense$11,224 
Interest expense related to the 2022 Promissory Note was as follows (in thousands):
Year Ended January 31,
202620252024
Amortization of debt discount$298 $4,147 $3,295 
Amortization of debt issuance costs3 35 28 
PIK interest839 12,831 11,910 
Cash interest448 6,843 6,335 
Total interest expense$1,588 $23,856 $21,568