v3.26.1
Segment Information
 12 Months Ended
Jan. 31, 2026
Segment Reporting [Abstract]  
Segment Information Segment Information
For the fiscal years ended January 31, 2026, 2025, and 2024 the Company was managed as a single operating segment. The Chief Executive Officer, who is the Company’s Chief Operating Decision Maker (“CODM”), reviews financial information on an aggregate basis for purposes of allocating resources and assessing financial performance, as well as for making strategic operational decisions and managing the organization. As such, the Company has one reportable segment. Additionally, all of the Company’s assets are maintained in the United States. The CODM utilizes net income as the
primary measure of segment performance and relies on this metric in determining whether to allocate additional resources to the segment or other corporate purposes.
Segment reporting for the fiscal years ended January 31, (in thousands):
For the Fiscal Years Ended
January 31, 2026January 31, 2025January 31, 2024
Net Sales$171,714 $123,328 $103,284 
Costs of sales128,668 92,795 72,951 
Gross profit43,046 30,533 30,333 
Less: (A)
Research and development288 455 414 
Direct Variable Costs (B)
11,200 7,798 7,161 
Other selling, general, and administrative expenses24,446 17,403 13,868 
Total operating expenses35,934 25,656 21,443 
Income from operations7,112 4,877 8,890 
Interest expense(435)(477)(549)
Interest income211 218 — 
Amortization of debt discount(37)(16)(22)
Other income— 104 27 
Income from equity method investment— — 223 
Income tax provision(1,565)(995)(2,008)
Segment net income5,286 3,711 6,561 
Reconciliation of profit
Adjustments and reconciling items———
Consolidated net income$5,286 $3,711 $6,561 
(A) The significant expense categories and amounts align with the information that is regularly provided to the chief operating decision maker.
(B) This category contains commission expenses, royalty expenses, and freight-related expenses