Quarterly report pursuant to Section 13 or 15(d)

Supplemental Information

v3.22.1
Supplemental Information
 3 Months Ended
Apr. 30, 2022
Disclosure Text Block [Abstract]  
Supplemental Balance Sheet Information

6. Supplemental Balance Sheet Information

Accrued Expenses

Accrued expenses consisted of the following:

 

 

 

April 30,

 

 

January 31,

 

 

 

2022

 

 

2022

 

Accrued expenses

 

$

1,979

 

 

$

2,438

 

Taxes payable on behalf of employees related to vested RSUs

 

 

7,885

 

 

-

 

Unvouched payables

 

 

2,769

 

 

 

2,271

 

 

 

$

12,633

 

 

$

4,709

 

 

The increase in accrued expenses is primarily comprised of the cash proceeds from the sale of shares on behalf of the holders of vested RSUs to cover the associated tax withholding liability under the sell-to-cover method, which will be remitted by the Company to the appropriate taxing authorities.