v3.26.1
DEBT (Tables)
 6 Months Ended
Jul. 31, 2026
Debt Disclosure [Abstract]  
Schedule of Debt Outstanding
The Company had the following debt outstanding (in thousands):
As of
July 31, 2026January 31, 2026
Warehouse credit facility$118,174 $118,174 
ABL facility6,000 6,000 
Notes payable867 621 
Total principal amount of debt and borrowings$125,041 $124,795 
Schedule of Borrowings and Repayments
Borrowings and repayments under the Warehouse Credit Facility consisted of the following (in thousands):
Six Months Ended July 31,
20262025
Borrowings$— $15,000 
Repayments$— $81,100 
Schedule of Interest on Convertible Debt
Interest expense related to the Warehouse Credit Facility was as follows (in thousands):
Three Months Ended July 31,Six Months Ended July 31,
2026202520262025
Interest paid and payable$2,267 $3,713 $4,469 $8,098 
Amortization of debt issuance costs342 342 684 681 
Total interest expense$2,609 $4,055 $5,153 $8,779 
Interest expense related to the ABL Facility was as follows (in thousands):
Three Months Ended July 31,Six Months Ended July 31,
2026202520262025
Interest paid and payable$154 $690 $296 $1,180 
Amortization of debt issuance costs135 134 270 224 
Total interest expense$289 $824 $566 $1,404 
Schedule of Contractual Principal Payments
Future payments of principal associated with other notes payable are as follows (in thousands):
Fiscal YearAmount
Remainder of 2027$791 
202876 
2029— 
2030— 
2031— 
Thereafter— 
Total notes payable outstanding$867