v3.26.1
Business Combinations (Tables)
 6 Months Ended
Jul. 31, 2026
Business Combination [Line Items]  
Summary of Supplemental Pro Forma Financial Information

The following unaudited supplemental pro forma financial information presents the consolidated results of operations of the Company combined with the historical results of subsidiaries acquired subsequent to the start of the three and six months ended July 31, 2026 and 2025, on a pro forma basis, as if each acquisition had occurred at the beginning of the most recently completed fiscal year preceding its respective acquisition:

 

Pro Forma (unaudited) (in thousands)

 

 

Three Months Ended
July 31,

 

 

 

Six Months Ended
July 31,

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

 

(in thousands)

 

 

 

 

 

 

 

 

 

Revenue

$

 

46,573

 

 

$

 

29,025

 

 

$

 

92,799

 

 

$

 

57,330

 

Net loss

$

 

(21,165

)

 

$

 

(43,855

)

 

$

 

(38,243

)

 

$

 

(70,973

)
EMD Acquisition  
Business Combination [Line Items]  
Summary of Components of Consideration Transferred The as-adjusted purchase price consisted of the following:

 

 

Estimated Fair Value

 

 

(in thousands)

 

Cash Consideration

$

 

3,021

 

Equity Consideration

 

 

9,770

 

Contingent Consideration

 

 

230

 

EMD Promissory Note

 

 

3,750

 

Fair value of total consideration transferred

$

 

16,771

 
Schedule of Allocation of Purchase Price and Estimated Fair Values of the Assets Acquired and Liabilities Assumed

The allocation of the purchase price and the estimated fair values of the assets acquired and liabilities assumed is as follows:

 

 

(in thousands)

 

Identified assets and liabilities:

 

 

 

Accounts receivable

 

 

2,058

 

Prepaid expenses and other assets

 

 

47

 

Trademarks

 

 

700

 

Customer relationships

 

 

3,200

 

Accounts payable

 

 

(851

)

Deferred Revenue

 

 

(503

)

Total identifiable net assets acquired

 

 

4,651

 

Goodwill

 

 

12,120

 

Consideration transferred

$

 

16,771

 
Summary of Estimated Useful Lives and Fair Values of Identifiable Intangible Assets Acquired as of Acquisition Date The following table summarizes the estimated fair values and estimated useful lives for the identifiable intangible assets acquired as of the acquisition date:

 

 

Estimated Useful Life

 

Estimated Fair Value

 

 

 

 

(in thousands)

 

Trademarks

 

7 years

 

$

 

700

 

Customer Relationships

 

12 years

 

 

 

3,200

 

 

 

 

 

$

 

3,900