SUPPLEMENTAL CONDENSED CONSOLIDATED FINANCIAL STATEMENT INFORMATION
3 Months Ended
Apr. 30, 2022
Condensed Financial Information Disclosure [Abstract]  
SUPPLEMENTAL CONDENSED CONSOLIDATED FINANCIAL STATEMENT INFORMATION SUPPLEMENTAL CONDENSED CONSOLIDATED FINANCIAL STATEMENT INFORMATION
 
Condensed Consolidated Balance Sheets
 
Inventories consisted of the following as of April 30, 2022 and January 31, 2022:
 
April 30,January 31,
(in thousands)20222022
Raw materials$3,508 $3,001 
Work-in-process115 150 
Finished goods1,602 2,186 
   Total inventories$5,225 $5,337 

Condensed Consolidated Statements of Operations
 
Other income, net consisted of the following for the three months ended April 30, 2022 and 2021:
 Three Months Ended
April 30,
(in thousands)20222021
Foreign currency gains (losses), net$1,713 $(541)
Losses on derivative financial instruments, net— (14,374)
Change in fair value of future tranche right— 15,810 
Other, net(39)3,155 
Total other income, net$1,674 $4,050 

Please refer to Note 9, “Convertible Preferred Stock” for additional information regarding the future tranche right.

Condensed Consolidated Statements of Cash Flows
 
The following table provides supplemental information regarding our condensed consolidated cash flows for the three months ended April 30, 2022 and 2021:
 Three Months Ended
April 30,
(in thousands)20222021
Cash paid for interest$930 $4,583 
Cash payments of income taxes, net$2,238 $23,035 
Cash payments for operating leases$12,195 $4,878 
Non-cash investing and financing transactions: 
Finance leases of property and equipment$12 $1,678 
Accrued but unpaid purchases of property and equipment$988 $2,406 
Settlement of Future Tranche Right upon issuance of Series B Preferred Stock$— $36,962 
Retirement of treasury stock$— $434 
Accrued but unpaid purchases of treasury stock$453 $—