v3.26.1
Redeemable Convertible Preferred Stock
12 Months Ended
Jan. 31, 2026
Temporary Equity Disclosure [Abstract]  
Redeemable Convertible Preferred Stock Redeemable Convertible Preferred Stock
A summary of the authorized, issued, and outstanding redeemable convertible preferred stock as of January 31, 2025 is as follows (in thousands, except per share and share amounts):
Per Share
   Shares
Authorized
Shares Issued and
Outstanding
Issuance PriceDividendNet Carrying ValueLiquidation Preference
Series A1,350,0001,350,000$0.11 $0.0089 $148 $149 
Series B7,658,8747,658,8680.39 0.0310 2,951 2,987 
Series C6,169,3025,952,8581.27 0.1016 7,529 7,560 
Series D14,431,86014,431,8441.36 0.1086 19,482 19,627 
Series E8,780,1338,780,1333.99 0.3190 34,913 35,033 
Series F7,938,2387,816,4358.21 0.6568 64,087 64,173 
Series G19,516,00018,889,2793.97 0.3178 72,132 74,990 
Series G-1 (1)
5,034,9425,034,9424.97 0.3973 25,956 25,024 
Series H-1 (2)
7,305,567— 9.54 0.7633 — — 
Series H-2 (2)
7,305,567 — 9.54 0.7633 — — 
85,490,48369,914,359$227,198 $229,543 
_______________
(1)Dividend per share per annum when and if declared by the board of directors.
(2)The convertible note to purchase shares of Series H-1 and H-2 redeemable convertible preferred stock was paid off in full in March 2024.
Immediately prior to the Company’s IPO, all outstanding shares of redeemable convertible preferred stock were converted into shares of the Company’s common stock on a one-to-one basis and their carrying value of $227.2 million was reclassified into stockholders’ equity. As such, there were no shares of redeemable convertible preferred stock issued and outstanding as of January 31, 2026.
The Company’s board of directors is authorized, without further stockholder approval and subject to any limitations prescribed by law, to issue preferred stock in one or more series and determine the rights, preferences, and privileges of each series. As of January 31, 2026, no shares of redeemable convertible preferred stock were issued or outstanding.