v3.26.1
Stock-Based Compensation (Tables)
3 Months Ended
Apr. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Summary of Stock Option Activity
A summary of stock option activity as of and for the three months ended April 30, 2026 under the Plans is as follows:
Number of Options Outstanding Under the Plans
Weighted Average Exercise Price
Weighted Average
Remaining Contractual
Term (Years)
Aggregate
Intrinsic Value
(in thousands)
Outstanding at January 31, 2026*23,755,365 $1.90 3.2161,131 
Exercised
(501,789)2.23 3,521 
Expired(5,145)2.45 — 
Forfeited
— — — 
Outstanding at April 30, 2026*23,248,431 1.89 3.0$200,844 
Exercisable at April 30, 202623,204,963 $1.89 3.0$200,513 
Schedule of Nonvested Stock Option Activity
 Shares  Weighted-Average Grant-Date Fair Value
Unvested at January 31, 202674,213 $4.73 
Vested(30,745)4.73 
Forfeited— — 
Unvested at April 30, 202643,468 $4.73 
Summary of Restricted Stock Activity
A summary of RSU activity for the three months ended April 30, 2026 under the Plans is as follows:
Number of Shares
Weighted Average Grant Date Fair Value
Outstanding at January 31, 202615,676,155 $12.51 
Granted1,350,754 8.12 
Settled(1,954,916)9.95 
Forfeited(385,654)12.72 
Outstanding at April 30, 202614,686,339 $12.32 
Allocation of Stock-Based Compensation
Stock-based compensation expense recognized in the condensed consolidated statements of operations for the three months ended April 30, 2026 and 2025 was as follows (in thousands):
Three Months Ended April 30,
20262025
Product development$10,120 $1,251 
General and administrative5,721 349 
Marketing240 91 
Operations and support972 188 
Total stock-based compensation expense, net of amounts capitalized$17,053 $1,879