v3.26.1
Property, Software, and Equipment, Net
12 Months Ended
Jan. 31, 2026
Property, Plant and Equipment [Abstract]  
Property, Software, and Equipment, Net Property, Software and Equipment, Net
Property, software, and equipment, net as of January 31, 2026 and January 31, 2025 consists of the following (in thousands):
January 31,January 31,
20262025
Leasehold improvements$2,475 $2,467 
Computer equipment
5,645 4,539 
Furniture and fixtures712 689 
Internally developed software
36,993 37,702 
Total45,825 45,397 
Less: accumulated depreciation and amortization
(38,070)(30,674)
Property, software, and equipment, net$7,755 $14,723 
Depreciation expense related to property and equipment was $0.9 million, $0.9 million and $0.7 million for the fiscal years ended January 31, 2026, 2025 and 2024, respectively.
No internally developed software was capitalized during the fiscal year ended January 31, 2026. The Company wrote-off $0.7 million in internally developed software due to impairment during the fiscal year ended January 31, 2026.
The Company capitalized $6.9 million in internally developed software costs during the fiscal year ended January 31, 2025. No impairment of internally developed software was recorded during the fiscal year ended January 31, 2025.
The amortization expense on capitalized internally developed software was $6.5 million, $5.4 million and $5.3 million for the fiscal years ended January 31, 2026, 2025 and 2024, respectively.