Income Taxes |
3 Months Ended |
|---|---|
Apr. 30, 2026 | |
| Income Tax Disclosure [Abstract] | |
| Income Taxes | Note 9: Income Taxes The Company recorded an income tax provision of $0.2 million and $0.2 million during the three months ended April 30, 2026 and 2025, respectively. The income tax provision recorded in the first quarter of fiscal 2027 was primarily attributable to state income taxes that occurred during the quarter. As of April 30, 2026, the Company continued to maintain a full valuation allowance against its remaining deferred tax assets. As of April 30, 2026, the Company had unrecognized tax benefits of approximately $11.5 million, none of which would currently affect the Company's effective tax rate if recognized due to the Company's deferred tax assets being fully offset by a valuation allowance. There were no interest expense or penalties related to unrecognized tax benefits recorded through April 30, 2026. A number of years may elapse before an uncertain tax position is audited and finally resolved. While it is often difficult to predict the final outcome or the timing of resolution of any particular uncertain tax position, the Company believes that its reserves for income taxes reflect the most likely outcome. The Company adjusts these reserves, as well as the related interest, in light of changing facts and circumstances. Settlement of any particular position could require the use of cash. |