v3.22.4
Goodwill and Acquired Intangible Assets
 6 Months Ended
Jan. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Acquired Intangible Assets Goodwill and Acquired Intangible Assets
Goodwill
The carrying amount of goodwill was $78.5 million as of January 31, 2023 and July 31, 2022.
Acquired Intangible Assets
Acquired intangible assets consist of developed technology and customer relationships acquired through our business combinations and asset acquisitions. Acquired intangible assets are amortized using the straight-line method over their estimated useful lives.
Acquired intangible assets subject to amortization consisted of the following:
Gross Carrying AmountAccumulated AmortizationNet Carrying Amount
July 31, 2022AdditionsJanuary 31, 2023July 31, 2022Amortization ExpenseJanuary 31, 2023July 31, 2022January 31, 2023
(in thousands)
Developed technology$48,356 $— $48,356 $(18,972)$(4,747)$(23,719)$29,384 $24,637 
Customer relationships3,560 — 3,560 (1,125)(356)(1,481)2,435 2,079 
Total$51,916 $— $51,916 $(20,097)$(5,103)$(25,200)$31,819 $26,716 
Amortization expense of acquired intangible assets for the three and six months ended January 31, 2023 was $2.6 million and $5.1 million, respectively, and for the three and six months ended January 31, 2022 was $2.2 million and $4.5 million, respectively. Amortization expense of developed technology and customer relationships is included primarily within cost of revenue and sales and marketing expenses, respectively, in the condensed consolidated statements of operations.
Future amortization expense of acquired intangible assets consisted of the following:
January 31, 2023
Year ending July 31,(in thousands)
2023 (remaining six months)$4,817 
20248,481 
20257,778 
20264,232 
20271,408 
Total$26,716