Property and Equipment, Net |
6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Jul. 31, 2024 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Property, Plant and Equipment [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Property and Equipment, Net | Property and Equipment, Net Property and equipment, net, consisted of the following as of the dates indicated (in thousands):
(1) Gross property and equipment includes construction-in-progress for leasehold improvements and capitalized internal-use software of $6.3 million and $4.2 million that had not yet been placed in service as of July 31, 2024 and January 31, 2024, respectively. The costs associated with construction-in-progress are not amortized until the asset is available for its intended use. Depreciation and amortization expense was $2.1 million and $2.4 million for the three months ended July 31, 2024 and 2023, respectively, and $4.2 million and $4.2 million for the six months ended July 31, 2024 and 2023, respectively. In the three and six months ended July 31, 2023, the Company recorded an impairment charge of $0.4 million related to leasehold improvements abandoned during the period. The impairment charge was recorded in general and administrative expenses on the condensed consolidated statement of operations. No such impairment charges were recorded during the three and six months ended July 31, 2024.
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