v3.22.2.2
Acquisitions (Tables)
 6 Months Ended
Jul. 31, 2022
Business Combination and Asset Acquisition [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The following table presents the preliminary allocation of purchase consideration recorded on our condensed consolidated balance sheet as of the acquisition date (in thousands):
Amount
Consideration
Cash$348,917 
Common Stock (6,032,231 shares)(1)
185,885 
Fair value of total consideration transferred$534,802 
Cash and cash equivalents$8,836 
Accounts receivable4,867 
Prepaid expense and other current assets3,880 
Operating lease right-of-use assets260 
Intangible assets151,900 
Accrued liabilities(4,270)
Accrued payroll and benefits(1,113)
Operating lease liabilities(259)
Deferred revenue(51,746)
Other liabilities(2,357)
Deferred tax liability(7,310)
Total identifiable net assets102,688 
Goodwill432,114 
Total purchase consideration$534,802 
(1) Consideration calculated using the fair value of the Company’s common stock
Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination
The following table sets forth the preliminary amounts allocated to the intangible assets identified and their estimated useful lives as of the date of acquisition:
Fair ValueUseful Life
(in thousands)(in years)
Customer relationships$77,600 10
Developed technology63,200 5
Backlog11,100 2
Total intangible assets acquired$151,900 
Business Acquisition, Pro Forma Information
The following unaudited supplemental pro forma financial information is provided for informational purposes only and summarizes our combined results of operations as if the Acquisition occurred on February 1, 2021 (in thousands):
Three Months Ended July 31,Six Months Ended July 31,
2022202120222021
Revenue$102,706 $52,741 $188,264 $96,279 
Net loss$(100,853)$(82,240)$(208,032)$(154,714)