v3.26.1
Leases (Tables)
 6 Months Ended
Jul. 31, 2026
Leases [Abstract]  
Schedule of Components of Lease Costs, Lease Term and Discount Rate for Operating Leases

The components of lease costs, lease term, and discount rate for operating leases are as follows for the three and six months ended July 31, 2026 and 2025:

 

 

Three Months Ended
July 31,

 

Six Months Ended
July 31,

 

 

2026

 

2025

 

2026

 

2025

 

 

 

(in thousands)

Operating lease costs

 

$

228

 

$

448

 

$

903

 

$

763

Variable lease costs

 

 

138

 

 

67

 

 

308

 

 

122

Total lease cost

 

$

366

 

$

515

 

$

1,211

 

$

885

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted Average Remaining Lease Term

 

 

3.61

 

 

4.08

 

 

3.61

 

 

4.08

Weighted Average Discount Rate

 

 

11.27%

 

 

11.24%

 

 

11.27%

 

 

11.24%
Schedule of Supplemental Balance Sheet Information related to Operating Leases

Supplemental balance sheet information related to operating leases consisted of the following as of July 31, 2026 and January 31, 2026:

 

 

 

 

 

 

 

 

 

July 31, 2026

 

 

January 31, 2026

 

 

 

 

 

 

 

 

 

(in thousands)

 

Operating lease ROU assets – related parties

 

 

 

 

 

 

 

$

 

4,166

 

 

$

 

5,074

 

Operating lease ROU assets – third parties

 

 

 

 

 

 

 

 

 

3,173

 

 

 

 

3,631

 

Total operating lease ROU assets

 

 

 

 

 

 

 

$

 

7,339

 

 

$

 

8,705

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating lease liabilities – related parties

 

 

 

 

 

 

 

$

 

4,264

 

 

$

 

5,153

 

Operating lease liabilities – third parties

 

 

 

 

 

 

 

 

 

3,384

 

 

 

 

3,848

 

Total operating lease liabilities

 

 

 

 

 

 

 

$

 

7,648

 

 

$

 

9,001

 

 
Schedule of Supplemental Cash Flow Information Related to Operating Leases

Supplemental cash flow information related to operating leases were as follows:

 

 

 

 

 

 

 

 

Six Months Ended
July 31,

 

 

 

 

 

 

 

 

 

2026

 

 

2025

 

 

 

 

 

 

 

 

 

(in thousands)

 

Cash payments for operating leases

 

 

 

 

 

 

 

$

 

1,333

 

 

$

 

668

 

 
Schedule of Future Maturities of Long-term Operating Lease Liabilities

As of July 31, 2026, the future maturities of long-term operating lease liabilities are as follows:

 

 

 

 

 

 

 

 

 

Maturity of
Operating
Lease Liabilities

 

Year Ending January 31:

 

 

 

 

 

 

 

(in thousands)

 

2027 (remaining)

 

 

 

 

 

 

 

$

 

1,347

 

2028

 

 

 

 

 

 

 

 

 

2,668

 

2029

 

 

 

 

 

 

 

 

 

2,545

 

2030

 

 

 

 

 

 

 

 

 

1,635

 

2031

 

 

 

 

 

 

 

 

 

1,108

 

Total

 

 

 

 

 

 

 

 

 

9,303

 

Less: imputed interest

 

 

 

 

 

 

 

 

 

(1,655

)

Present value of lease liabilities

 

 

 

 

 

 

 

 

 

7,648

 

Less: current obligations

 

 

 

 

 

 

 

 

 

(1,948

)

Long-term obligations under leases

 

 

 

 

 

 

 

$

 

5,700