Property and Equipment, Net

9 Months Ended

Oct. 31, 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):

	October 31, 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	2,125		3,581
Furniture and fixtures	14,674		15,040
Leasehold improvements	19,200		19,002
Construction in progress	130		730
	82,545		84,769
Less accumulated depreciation	(31,410)		(30,274)
Total property and equipment, net	$	51,135	$	54,495

Total depreciation expense was $1 million and $5 million for the three and nine months ended October 31, 2022, respectively, and $2 million and $5 million for the three and nine months ended October 31, 2021, respectively. Land is not depreciated.