| Summary of Components of Intangible Assets |
The components of intangible assets as of July 31, 2022 and January 31, 2022 were as follows:
|
|
|
As of July 31, 2022 |
|
|
As of January 31, 2022 |
|
|
|
|
Gross Carrying Amount |
|
|
Accumulated Amortization |
|
|
Net Carrying Amount |
|
|
Gross Carrying Amount |
|
|
Accumulated Amortization |
|
|
Net Carrying Amount |
|
|
|
|
(in thousands) |
|
|
Software licenses |
|
$ |
30,563 |
|
|
$ |
(14,116 |
) |
|
$ |
16,447 |
|
|
$ |
22,093 |
|
|
$ |
(11,331 |
) |
|
$ |
10,762 |
|
|
Developed technology |
|
|
21,200 |
|
|
|
(2,418 |
) |
|
|
18,782 |
|
|
|
21,200 |
|
|
|
(904 |
) |
|
|
20,296 |
|
|
Customer relationships |
|
|
13,200 |
|
|
|
(1,099 |
) |
|
|
12,101 |
|
|
|
13,200 |
|
|
|
(367 |
) |
|
|
12,833 |
|
|
Trade name |
|
|
2,500 |
|
|
|
(267 |
) |
|
|
2,233 |
|
|
|
2,500 |
|
|
|
(89 |
) |
|
|
2,411 |
|
|
Total intangible assets, net |
|
$ |
67,463 |
|
|
$ |
(17,900 |
) |
|
$ |
49,563 |
|
|
$ |
58,993 |
|
|
$ |
(12,691 |
) |
|
$ |
46,302 |
|
|
| Summary of Expected Future Amortization Expense Related to Intangible Assets |
The expected future amortization expense related to these intangible assets as of July 31, 2022 is as follows:
|
|
|
As of |
|
|
|
|
July 31, 2022 |
|
|
Fiscal Year |
|
(in thousands) |
|
|
2023 (6 months remaining) |
|
$ |
5,268 |
|
|
2024 |
|
|
8,625 |
|
|
2025 |
|
|
7,110 |
|
|
2026 |
|
|
5,757 |
|
|
2027 |
|
|
5,711 |
|
|
Thereafter |
|
|
17,092 |
|
|
Total future amortization expenses: |
|
$ |
49,563 |
|
|