v3.26.1
Cash, Cash Equivalents and Marketable Securities
3 Months Ended
May 02, 2026
Cash And Cash Equivalents [Abstract]  
Cash, Cash Equivalents and Marketable Securities

3. Cash, Cash Equivalents and Marketable Securities

The following tables summarize the estimated fair value of our cash, cash equivalents and marketable securities and the gross unrealized holding gains and losses (in thousands):

 

 

May 2, 2026

 

 

 

 

Amortized
Cost

 

 

Gross
Unrealized
Holding
Gains

 

 

Gross
Unrealized
Holding
Losses

 

 

Estimated
Fair Value

 

 

Cash and cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash

 

$

 

38,237

 

 

$

 

 

 

$

 

 

 

$

 

38,237

 

 

Money market funds

 

 

 

1,558

 

 

 

 

 

 

 

 

 

 

 

 

1,558

 

 

U.S. treasury and government agency securities

 

 

 

7,765

 

 

 

 

1

 

 

 

 

 

 

 

 

7,766

 

 

Corporate debt securities

 

 

 

19,363

 

 

 

 

 

 

 

 

(6

)

 

 

 

19,357

 

 

Total cash and cash equivalents

 

 

 

66,923

 

 

 

 

1

 

 

 

 

(6

)

 

 

 

66,918

 

 

Marketable securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. treasury and government agency securities

 

 

 

25,354

 

 

 

 

1

 

 

 

 

(1,708

)

 

 

 

23,647

 

 

Corporate debt securities

 

 

 

12,241

 

 

 

 

6

 

 

 

 

(6

)

 

 

 

12,241

 

 

Certificates of deposit

 

 

 

21,354

 

 

 

 

 

 

 

 

 

 

 

 

21,354

 

 

Total marketable securities

 

$

 

58,949

 

 

$

 

7

 

 

$

 

(1,714

)

 

$

 

57,242

 

 

 

January 31, 2026

 

 

 

 

Amortized
Cost

 

 

Gross
Unrealized
Holding
Gains

 

 

Gross
Unrealized
Holding
Losses

 

 

Estimated
Fair Value

 

 

Cash and cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash

 

$

 

93,610

 

 

 $

 

 

 

$

 

 

 

$

 

93,610

 

 

Money market funds

 

 

 

7,803

 

 

 

 

 

 

 

 

 

 

 

 

7,803

 

 

U.S. treasury and government agency securities

 

 

 

8,867

 

 

 

 

 

 

 

 

 

 

 

 

8,867

 

 

Corporate debt securities

 

 

 

17,580

 

 

 

 

 

 

 

 

 

 

 

 

17,580

 

 

Total cash and cash equivalents

 

 

 

127,860

 

 

 

 

 

 

 

 

 

 

 

 

127,860

 

 

Marketable securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. treasury and government agency securities

 

 

 

12,216

 

 

 

 

 

 

 

 

(1,665

)

 

 

 

10,551

 

 

Corporate debt securities

 

 

 

2,000

 

 

 

 

 

 

 

 

(11

)

 

 

 

1,989

 

 

Certificates of deposit

 

 

 

20,224

 

 

 

 

 

 

 

 

 

 

 

 

20,224

 

 

Total marketable securities

 

$

 

34,440

 

 

$

 

 

 

$

 

(1,676

)

 

$

 

32,764

 

 

 

All of our marketable securities have an effective maturity date or weighted average life of five years or less at the time of purchase and may be liquidated, at our discretion, prior to maturity.

The following tables summarize the gross unrealized holding losses and fair value for investments in an unrealized loss position, and the length of time that individual securities have been in a continuous loss position (in thousands):

 

 

May 2, 2026

 

 

Less Than 12 Months

 

 

12 Months or Greater

 

 

Total

 

 

 

Fair Value

 

 

Unrealized
Losses

 

 

Fair Value

 

 

Unrealized
Losses

 

 

Fair Value

 

 

Unrealized
Losses

 

Cash and cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate debt securities

 

$

19,357

 

 

$

(6

)

 

$

 

 

$

 

 

$

19,357

 

 

$

(6

)

Total cash and cash equivalents

 

 

19,357

 

 

 

(6

)

 

 

 

 

 

 

 

 

19,357

 

 

 

(6

)

Marketable securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. treasury and government agency securities

 

$

7,843

 

 

$

(3

)

 

$

10,024

 

 

$

(1,705

)

 

$

17,867

 

 

$

(1,708

)

Corporate debt securities

 

 

5,434

 

 

 

(6

)

 

 

 

 

 

 

 

 

5,434

 

 

 

(6

)

Total marketable securities

 

$

13,277

 

 

$

(9

)

 

$

10,024

 

 

$

(1,705

)

 

$

23,301

 

 

$

(1,714

)

 

 

 

January 31, 2026

 

 

Less Than 12 Months

 

 

12 Months or Greater

 

 

Total

 

 

 

Fair Value

 

 

Unrealized
Losses

 

 

Fair Value

 

 

Unrealized
Losses

 

 

Fair Value

 

 

Unrealized
Losses

 

Marketable securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. treasury and government agency securities

 

$

121

 

 

$

(4

)

 

$

10,430

 

 

$

(1,661

)

 

$

10,551

 

 

$

(1,665

)

Corporate debt securities

 

 

 

 

 

 

 

 

1,989

 

 

 

(11

)

 

 

1,989

 

 

 

(11

)

Total marketable securities

 

$

121

 

 

$

(4

)

 

$

12,419

 

 

$

(1,672

)

 

$

12,540

 

 

$

(1,676

)