v3.26.1
Warrants (Tables)
12 Months Ended
Jan. 31, 2026
Equity [Abstract]  
Fair Value of Warrants
The fair value of the common stock warrant was estimated using the BSM option-pricing model with the following assumptions:
January 31,January 31,
20262025
Expected term (years)4.24 5.24 
Expected volatility55.00 %54.40 %
Risk-free interest rate3.70 %4.42 %
Expected dividends— %— %
Fair value of common stock$8.68 $14.04 
The fair value of the Series G Warrant was estimated using the BSM option-pricing model with the following assumptions:
January 31,January 31,
20262025
Expected term (years)4.86 5.50 
Expected volatility
55.00 %53.40 %
Risk-free interest rate
3.75 %4.42 %
Expected dividends
— %— %
Fair value of common stock
$8.68 $16.15