Property and Equipment, Net

3 Months Ended

Apr. 30, 2022

Property, Plant and Equipment [Abstract]

Property and Equipment, Net

Property and Equipment, Net

Property and equipment, net consists of the following as of the dates shown (in thousands):

	April 30, 2022		January 31, 2022
Land	$	3,040	$	3,040
Building	20,984		20,984
Land improvements and building improvements	22,392		22,392
Equipment and computers	2,246		3,581
Furniture and fixtures	15,480		15,040
Leasehold improvements	19,704		19,002
Construction in progress	325		730
	84,171		84,769
Less accumulated depreciation	(30,355)		(30,274)
Total property and equipment, net	$	53,816	$	54,495

Total depreciation expense was $2 million for each of the three months ended April 30, 2022 and 2021. Land is not depreciated.