v3.26.1
Stock-Based Compensation (Tables)
6 Months Ended
Jul. 31, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Share-Based Compensation Expense
The following table summarizes the Company's stock-based compensation expense for equity classified awards for the periods presented:
Three months ended July 31,Six months ended July 31,
(in thousands)2026202520262025
Equity classified awards:
Cost of revenue$488 $729 $966 $1,400 
Sales and marketing1,841 704 3,482 3,115 
Research and development2,952 3,818 6,312 6,952 
General and administrative4,680 7,711 9,235 14,154 
Total stock-based compensation expense$9,961 $12,962 $19,995 $25,621 
The following table summarizes the Company's compensation expense for liability classified awards for the periods presented:
Three months ended July 31,Six months ended July 31,
(in thousands)2026202520262025
Liability classified awards:
Cost of revenue$$225 $$716 
Sales and marketing30 100 91 573 
Research and development21 514 65 1,201 
General and administrative54 12 235 
Total compensation expense
$58 $893 $177 $2,725 
Schedule of Stock Options Activity
The following table summarizes the activity related to the Company's stock options:
Options Outstanding
Outstanding Stock OptionsWeighted-Average Exercise PriceWeighted-Average Remaining Contractual Life (in years)Aggregate Intrinsic Value
(in thousands)
Balance, January 31, 2026
1,178,814 $6.75 0.56$665 
Granted— $— 
Exercised— $— 
Forfeited/canceled/expired
(678,575)$6.39 
Balance, July 31, 2026
500,239 $7.24 0.31$— 
Vested and expected to vest500,239 $7.24 0.31$— 
Exercisable, July 31, 2026
500,239 $7.24 0.31$— 
Schedule of Restricted Stock and Restricted Stock Units
The following table summarizes the activity related to the Company's restricted stock and restricted stock units ("RSUs"):
OutstandingWeighted-Average Grant Date Fair Value
Balance, January 31, 2026
7,607,861 $7.51 
Granted 3,660,655 $3.71 
Vested and converted to shares(2,907,326)$7.08 
Forfeited or canceled(401,043)$7.72 
Balance, July 31, 2026
7,960,147 $5.90 
Schedule of Performance-Based Restricted Stock Units
The following table summarizes the activity related to the Company’s PSUs:
Number of PSUsWeighted-Average Grant Date Fair Value
Balance, January 31, 2026
3,825,000 $6.31 
Granted 7,333,478 $2.88 
Achievement of awards in excess of target(1)
89,498 $7.17 
Vested(1,168,435)$6.82 
Forfeited or canceled(58,563)$6.44 
Balance, July 31, 2026
10,020,978 $3.75 
(1)     Relates to awards granted during fiscal 2026 based on ARR and Adjusted EBITDA margin growth metrics.