Annual report pursuant to Section 13 and 15(d)

Note 8 - Property and Equipment

v3.23.1
Note 8 - Property and Equipment
 12 Months Ended
Jan. 31, 2023
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]

(8) Property and Equipment

 

Property and equipment consists of the following (in thousands):

 

   

Successor

    

Successor

  
   

January 31, 2023

    

January 31, 2022

  

Computer equipment

   $ 6,078     $ 4,035  

Furniture and fixtures

     1,812       2,592  

Leasehold improvements

     1,591       3,889  

Construction in progress

     3,692       2,669  
      13,173       13,185  

Accumulated depreciation

     (3,023 )     (1,710 )
    $ 10,150     $ 11,475  

 

Construction in progress at January 31, 2023 and 2022 consisted primarily of costs related to the purchase of certain assets that have not yet been put into service.

 

Depreciation expense related to property and equipment was $5.0 million , $4.2 million, $1.8 million, $2.3 million, and $2.7 million for the fiscal year ended January 31, 2023 (Successor), the period from June 12, 2021 through January 31, 2022 (Successor), the period from February 1, 2021 through June 11, 2021 (Predecessor (SLH)), the period from August 28, 2020 through January 31, 2021 (Predecessor (SLH)), and the period from February 1, 2020 through August 27, 2020 (Predecessor (PL)), respectively.