v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jul. 31, 2026
Jul. 31, 2025
Operating activities:    
Net loss $ (38,216) $ (71,058)
Adjustments to reconcile net loss attributable to common stockholders and members to net cash used in operating activities:    
Equity-based compensation expense 6,768 3,275
Depreciation and amortization 7,095 5,200
Amortization of deferred financing costs 359 1,247
Provision for expected credit losses 445 479
Lease expense 903 862
Deferred income taxes (601) (360)
(Gain) loss from change in fair value of financial instruments (216) 11,436
Loss from equity method investments, net   106
Loss on extinguishment of debt 0 7,473
Loss on sale/disposal of PPE 2  
Inventory reserve (169)  
Abandonment of capital software 190  
Debt assumed through PIK interest 240 41
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable (4,905) (1,385)
Prepaid expenses and other current assets (2,095) 232
Other non-current assets (817) (4,478)
Accounts payable 440 4,281
Accrued expenses and other current liabilities 1,631 163
Deferred revenue 884 (1,134)
Other non-current liabilities 103 (606)
Net cash used in operating activities (27,959) (44,226)
Investing activities:    
Purchases of property and equipment (1,381) (520)
Capitalized internal-use software costs (5,886) (6,447)
Purchase of investments (100)  
Acquisitions, net of cash acquired (3,021) (3,765)
Net cash used in investing activities (10,388) (10,732)
Financing activities:    
Payments on debt (2,722) (24)
Proceeds from debt   56,950
Payments of deferred financing costs   (73)
Payment of acquisition related liabilities (706)  
Proceeds from exercise of common stock and common unit options 88 64
Proceeds from Member Advances received   6,700
Proceeds from Series A Preferred Units issuance   600
Proceeds from issuance of Class A common stock upon follow on offering, net of underwriting discounts and commissions and other offering costs 23,677  
Net cash provided by financing activities 20,337 64,217
Effect of exchange rate changes on cash and cash equivalents (14) (260)
Net decrease in cash, cash equivalents and restricted cash (18,024) 8,999
Beginning of period 57,562 13,844
End of period 39,538 22,843
Supplemental disclosures of cash flow information:    
Cash paid for interest 1,043 2,750
Cash paid for taxes, net of refunds 55  
Supplemental disclosure of non-cash investing and financing activity:    
Conversion of accounts receivable to investments 1,058  
Modification of operating leases $ 459  
ROU assets obtained in acquisitions   2,206
ROU assets obtained in exchange for new lease liabilities   $ 1,315