The Company’s short-term and long-term financing receivables were as follows (in thousands):


	January 31, 2026		January 31, 2025
Short-term financing receivables, gross	$	81,723	$	9,579
Unearned income	(13,236)		(2,339)
Allowance for credit losses	(1,002)		(76)
Short-term financing receivables, net	$	67,485	$	7,164

Long-term financing receivables, gross	$	213,601	$	43,235
Unearned income	(17,847)		(5,051)
Allowance for credit losses	(1,648)		(342)
Long-term financing receivables, net	$	194,106	$	37,842

The Company’s amortized cost basis of financing receivables categorized by internal risk rating and year of origination was as follows (in thousands):


	January 31, 2026						January 31, 2025
	Fiscal Year of Origination						Fiscal Year of Origination
Internal Risk Rating(1)	2026		2025		Total		2025		Total
1 to 4	$	127,440	$	17,374	$	144,814	$	18,413	$	18,413
5 to 6	91,249		23,719		114,968		27,011		27,011
7 to 9	4,459		—		4,459		—		—
Amortized cost basis of financing receivables	$	223,148	$	41,093	$	264,241	$	45,424	$	45,424

(1) Internal risk ratings are determined based on the end-user’s financial condition and are categorized as 1 through 9, with the lowest rating representing the highest quality. Credit quality indicators are generally updated at least annually, or more frequently to the extent required by economic conditions.