Stock Incentive Plan (Tables)
9 Months Ended 12 Months Ended
Oct. 31, 2021
Jan. 31, 2021
Share-based Payment Arrangement [Abstract]    
Summary of Weighted-Average Assumptions  
The weighted-average assumptions for the years ended January 31 are noted in the following table:
 
    
2021
   
2020
 
Expected volatility
     55.0     50.0
Expected dividend yield
     0.0     0.0
Expected option term (in years)
     2.0       2.0  
Risk-free interest rate
     0.23     2.27
Summary of the Status of Stock Options Under the Stock Incentive Plan
Presented below is a summary of the status of the stock options under the Stock Incentive Plan:
 
    
Number
of
Shares
   
Weighted
Average
Exercise
Price
    
Weighted
Average
Remaining
Contractual
Term
    
Intrinsic
Value of
outstanding
options
 
                 
(Years)
        
Outstanding at February 1, 2021
     2,181,668       0.53        5.9        5,572,988  
Granted
     —         —          —          —    
Exercised
     (591,157     0.52        5.2        7,287,806  
Forfeited or expired
     (115,671     0.57        5.5        —    
  
 
 
   
 
 
    
 
 
    
 
 
 
Outstanding at October 31, 2021
     1,474,840       0.53        5.1        18,173,257  
  
 
 
   
 
 
    
 
 
    
 
 
 
Exercisable at October 31, 2021
     1,462,370       0.52        5.1        18,024,597  
  
 
 
   
 
 
    
 
 
    
 
 
 
Presented below is a summary of the status of the stock options under the Stock Incentive Plan:
 
     Number of
Shares
     Weighted
Average
Exercise
Price
     Average
Remaining
Contractual
Term
(Years)
     Intrinsic
Value of
Outstanding
Options
 
Outstanding at February 1, 2019
  
 
4,211
 
  
$
0.54
 
  
 
6.8
 
  
$
4,431
 
Granted
  
 
—   
 
  
 
—   
 
  
 
—  
 
        
Exercised
  
 
(365
  
$
0.50
 
  
 
6.4
 
  
$
397
 
Forfeited or expired
  
 
(244
  
$
0.64
 
  
 
6.9
 
        
    
 
 
    
 
 
    
 
 
    
 
 
 
Outstanding at January 31, 2020
  
 
3,602
 
  
$
0.54
 
  
 
6.9
 
  
$
4,088
 
    
 
 
    
 
 
    
 
 
    
 
 
 
Exercisable at January 31, 2020
  
 
2,638
 
  
$
0.50
 
  
 
6.7
 
  
$
3,069
 
    
 
 
    
 
 
    
 
 
    
 
 
 
Outstanding at February 1, 2020
  
 
3,602
 
  
$
0.54
 
  
 
5.9
 
  
$
4,088
 
Granted
  
 
—   
 
  
 
—   
 
  
 
—  
 
        
Exercised
  
 
(403
  
$
0.52
 
  
 
5.2
 
  
$
468
 
Forfeited or expired
  
 
(1,017
  
$
0.57
 
  
 
6.1
 
        
    
 
 
    
 
 
    
 
 
    
 
 
 
Outstanding at January 31, 2021
  
 
2,182
 
  
$
0.53
 
  
 
5.9
 
  
$
5,573
 
    
 
 
    
 
 
    
 
 
    
 
 
 
Exercisable at January 31, 2021
  
 
1,995
 
  
$
0.52
 
  
 
5.8
 
  
$
5,116
 
    
 
 
    
 
 
    
 
 
    
 
 
 
Summary of the Status of Outstanding RSU's
Presented below is a summary of the status of outstanding RSUs, including showing the vesting status other than the liquidity event condition:
 
    
Number
of
Shares
    
Weighted
Average
Grant Date
Fair Value
 
Non-vested
at February 1, 2021
     9,712,169      $ 11.75  
Granted
     2,181,077        12.85  
Vested
     (2,430,871      12.85  
Forfeited or expired
     (1,257,920      12.85  
  
 
 
    
 
 
 
Non-vested
at October 31, 2021
     8,204,455      $ 11.55  
  
 
 
    
 
 
 
Presented below is a summary of the status of outstanding RSUs, including showing the vesting status other than the liquidity event condition:
 
    
Number
of
Shares
    
Weighted
Average
Grant Date
Fair Value
 
Non-vested at February 1, 2019
     1,592      $ 1.58  
Granted
     13,969        1.63  
Vested
     (909      1.63  
Forfeited or expired
     (255      1.62  
    
 
 
    
 
 
 
Non-vested at January 31, 2020
     14,397      $ 1.62  
    
 
 
    
 
 
 
Non-vested at February 1, 2020
     14,397      $ 1.62  
Granted
     2,029        3.08  
Vested
     (5,090      1.70  
Forfeited or expired
     (1,624      2.06  
    
 
 
    
 
 
 
Non-vested at January 31, 2021
     9,712      $ 1.82