v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jul. 31, 2026
Jan. 31, 2026
Current assets:    
Cash and cash equivalents $ 29.0 $ 50.4
Restricted cash, current 4.0 4.5
Prepaid expenses and other current assets 11.5 11.8
Total current assets 44.5 66.7
Restricted cash 4.2 4.2
Rental product, net 84.1 86.0
Fixed assets, net 22.9 24.0
Intangible assets, net 1.9 2.0
Operating lease right-of-use assets 27.5 29.3
Other assets 7.3 8.8
Total assets 192.4 221.0
Current liabilities:    
Accounts payable 4.4 9.9
Accrued expenses and other current liabilities 36.5 29.1
Deferred revenue 13.0 12.0
Customer credit and gift card liabilities 6.5 6.6
Operating lease liabilities 5.7 5.6
Total current liabilities 66.1 63.2
Long-term debt, net 157.5 156.6
Operating lease liabilities 32.8 35.7
Other liabilities 1.5 1.6
Total liabilities 257.9 257.1
Commitments and Contingencies (Note 14)
Stockholders’ equity (deficit)    
Preferred stock, $0.001 par value; no shares authorized as of July 31, 2026 and 10,000,000 shares authorized as of January 31, 2026; 0 shares issued and outstanding as of July 31, 2026 and January 31, 2026 [1] 0.0 0.0
Additional paid-in capital 1,066.7 1,064.3
Accumulated deficit (1,132.2) (1,100.4)
Total stockholders’ equity (deficit) (65.5) (36.1)
Total liabilities and stockholders’ equity (deficit) 192.4 221.0
Common Class A    
Stockholders’ equity (deficit)    
Common stock, value, issued 0.0 0.0
Common Class B    
Stockholders’ equity (deficit)    
Common stock, value, issued [1] $ 0.0 $ 0.0
[1]
(1) In July 2026, the Company’s stockholders approved the elimination of the Company’s authorized shares of Class B common stock and preferred stock. See Note 2, “Summary of Significant Accounting Policies” and Note 10, “Stockholders’ Equity” for additional details.