| Leases Operating Leases The Company leases its facilities and a portion of its equipment under various non-cancelable agreements, which expire at various times through December 2034, some of which include options to extend for up to one year. The components of lease expense were as follows: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended July 31, | | Six Months Ended July 31, | | 2025 | | 2026 | | 2025 | | 2026 | | Operating lease expense | $ | 1,412 | | | $ | 1,125 | | | $ | 2,822 | | | $ | 2,251 | | | Variable lease expense | 653 | | | 656 | | | 1,295 | | | 1,012 | | | Short-term lease expense | 75 | | | 26 | | | 127 | | | 58 | | | Sublease income | (87) | | | — | | | (174) | | | — | | | Total lease expense | $ | 2,053 | | | $ | 1,807 | | | $ | 4,070 | | | $ | 3,321 | |
Supplemental cash flow information related to operating leases was as follows: | | | | | | | | | | | | | Six Months Ended July 31, | | 2025 | | 2026 | | Cash paid for amounts included in the measurement of operating lease liabilities | $ | 3,155 | | | $ | 2,452 | | | Operating lease right-of-use assets obtained in exchange for operating lease liabilities | 661 | | | 936 | | | Operating right-of-use assets and operating lease liabilities reductions related to operating lease terminations or modifications | 2,095 | | | — | |
The weighted-average remaining lease term and weighted-average discount rate for the Company’s operating lease liabilities as of July 31, 2026 were 6.89 years and 6.7%, respectively. Future minimum lease payments as of July 31, 2026 were as follows: | | | | | | | Operating Leases | | Fiscal 2027 (remaining six months) | $ | 2,309 | | | Fiscal 2028 | 2,716 | | | Fiscal 2029 | 1,983 | | | Fiscal 2030 | 1,500 | | | Fiscal 2031 | 624 | | | Thereafter | 6,835 | | Total lease payments | 15,967 | | | Less: imputed interest | (3,271) | | | Total lease obligations | 12,696 | | | Less: current obligations | (3,695) | | | Long-term lease obligations | $ | 9,001 | |
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