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LEASES
12 Months Ended
Jan. 31, 2024
Leases [Abstract]  
LEASES LEASES
We have entered into operating leases primarily for corporate offices, research and development facilities, and automobiles. Our leases have remaining lease terms of 1 year to 10 years. We do not have any finance leases as of January 31, 2024 and 2023.

The components of lease expenses for the years ended January 31, 2024, 2023 and 2022 were as follows:
Year Ended January 31,
(in thousands)20242023
2022
Operating lease expenses$6,401 $7,695 $7,725 
Variable lease expenses1,480 2,536 2,146 
Short-term lease expenses78 243 292 
Other lease related expenses4,207 4,422 5,168 
Sublease income(875)— — 
Total lease expenses$11,290 $14,896 $15,331 

The amounts in the table above of the component of lease expenses for the years ended January 31, 2023 and 2022 have been revised. This reclassification did not affect total lease expenses on our consolidated statements of operation for the years ended January 31, 2023 and 2022.

During the years ended January 31, 2024 and 2023, we decided to exit certain leased offices primarily due to our workforce operating under remote work environments and a decrease in the employees number, resulting in accelerated operating lease expenses of $0.3 million and $1.5 million, respectively.
Other information related to leases was as follows:
Year Ended January 31,
(dollars in thousands)20242023
2022
Supplemental cash flow information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$7,201 $8,272 $8,733 
Right-of-use assets obtained in exchange for lease obligations:
Operating leases$23,293 $2,240 $3,756 
Weighted average remaining lease terms
Operating leases8 years3 years4 years
Weighted average discount rates
Operating leases6.5 %4.8 %4.8 %

Maturities of lease liabilities as of January 31, 2024 were as follows:
January 31, 2024
(in thousands)Operating Leases
Year Ending January 31,
2025$7,450 
20266,213 
20274,201 
20284,063 
Thereafter23,733 
Total future minimum lease payments45,660 
Less imputed interest(12,298)
Total$33,363 
Reported as of January 31, 2024:
Accrued expenses and other current liabilities$5,413 
Operating lease liabilities27,950 
Total$33,363 
LEASES LEASES
We have entered into operating leases primarily for corporate offices, research and development facilities, and automobiles. Our leases have remaining lease terms of 1 year to 10 years. We do not have any finance leases as of January 31, 2024 and 2023.

The components of lease expenses for the years ended January 31, 2024, 2023 and 2022 were as follows:
Year Ended January 31,
(in thousands)20242023
2022
Operating lease expenses$6,401 $7,695 $7,725 
Variable lease expenses1,480 2,536 2,146 
Short-term lease expenses78 243 292 
Other lease related expenses4,207 4,422 5,168 
Sublease income(875)— — 
Total lease expenses$11,290 $14,896 $15,331 

The amounts in the table above of the component of lease expenses for the years ended January 31, 2023 and 2022 have been revised. This reclassification did not affect total lease expenses on our consolidated statements of operation for the years ended January 31, 2023 and 2022.

During the years ended January 31, 2024 and 2023, we decided to exit certain leased offices primarily due to our workforce operating under remote work environments and a decrease in the employees number, resulting in accelerated operating lease expenses of $0.3 million and $1.5 million, respectively.
Other information related to leases was as follows:
Year Ended January 31,
(dollars in thousands)20242023
2022
Supplemental cash flow information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$7,201 $8,272 $8,733 
Right-of-use assets obtained in exchange for lease obligations:
Operating leases$23,293 $2,240 $3,756 
Weighted average remaining lease terms
Operating leases8 years3 years4 years
Weighted average discount rates
Operating leases6.5 %4.8 %4.8 %

Maturities of lease liabilities as of January 31, 2024 were as follows:
January 31, 2024
(in thousands)Operating Leases
Year Ending January 31,
2025$7,450 
20266,213 
20274,201 
20284,063 
Thereafter23,733 
Total future minimum lease payments45,660 
Less imputed interest(12,298)
Total$33,363 
Reported as of January 31, 2024:
Accrued expenses and other current liabilities$5,413 
Operating lease liabilities27,950 
Total$33,363