Property and equipment, net, consisted of the following as of the dates indicated (in thousands):


	April 30, 2026		January 31, 2026
Leasehold improvements	$	9,789	$	8,641
Computers and equipment	5,472		7,607
Furniture and fixtures	5,430		4,884
Capitalized software	43,665		40,593
Gross property and equipment(1)	64,356		61,725
Accumulated depreciation and amortization	(32,418)		(32,533)
Property and equipment, net	$	31,938	$	29,192

(1) Gross property and equipment includes construction-in-progress for capitalized software of $18.3 million and construction-in-progress for leasehold improvements and capitalized software of $15.8 million that had not yet been placed in service as of April 30, 2026 and January 31, 2026, respectively. The costs associated with construction-in-progress are not amortized until the asset is available for its intended use.

Depreciation and amortization expense was $2.1 million and $2.0 million for the three months ended April 30, 2026 and 2025, respectively.