Annual report pursuant to Section 13 and 15(d)

Operating Leases (Tables)

v3.23.1
Operating Leases (Tables)
 12 Months Ended
Jan. 31, 2023
Leases [Abstract]  
Schedule of Components of Lease Expense

The components of lease expense included in the consolidated statements of operations and comprehensive loss are as follows:

 

 

For the Fiscal Years Ended January 31,

 

 

 

2023

 

 

2022

 

 

 

(Amounts in thousands)

 

Operating lease cost

 

$

465

 

 

$

749

 

Short term lease cost, net

 

 

15

 

 

 

17

 

Total lease cost

 

$

480

 

 

$

766

 

 
Schedule of Supplemental Balance Sheet Information Related to Operating Leases

Supplemental balance sheet information related to the Company’s operating leases was as follows:

 

 

As of January 31, 2023

 

 

As of January 31, 2022

 

 

 

(Amounts in thousands)

 

Operating lease right-of-use assets

 

$

1,360

 

 

$

2,031

 

 

 

 

 

 

 

 

Current portion, operating lease liabilities

 

 

713

 

 

 

762

 

Operating lease liabilities, long term

 

 

691

 

 

 

1,361

 

Total operating lease liabilities

 

$

1,404

 

 

$

2,123

 

 

 

 

 

 

 

 

Weighted average remaining lease term (years)

 

 

2.0

 

 

 

3.0

 

Weighted average incremental borrowing rate

 

 

5.0

%

 

 

5.0

%
Schedule of Supplemental Cash Flow Information Related to Operating Leases

Supplemental cash flow information related to the Company’s operating leases was as follows:

 

 

For the Fiscal Years Ended January 31,

 

 

 

2023

 

 

2022

 

 

 

(Amounts in thousands)

 

Cash paid for amounts included in the
measurement of lease liabilities

 

 

 

 

 

 

Operating cash flows from operating leases

 

$

526

 

 

$

1,168

 
Schedule of Future Minimum Lease Payments for Operating Leases

Future minimum lease payments for operating leases with initial or remaining terms in excess of one year as of January 31, 2023 are as follows:

 

 

Payments for
Operating Leases

 

For the Fiscal Years Ended January 31,

 

(Amounts in thousands)

 

2024

 

$

730

 

2025

 

 

753

 

Total lease payments

 

 

1,483

 

Less interest

 

 

79

 

Total operating lease liabilities

 

$

1,404