| Summary of Components of Intangible Assets |
The components of intangible assets as of April 30, 2025 and January 31, 2025 were as follows:
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As of April 30, 2025 |
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As of January 31, 2025 |
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Gross Carrying Amount |
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Accumulated Amortization |
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Net Carrying Amount |
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Gross Carrying Amount |
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Accumulated Amortization |
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Net Carrying Amount |
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(in thousands) |
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Software licenses |
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$ |
47,254 |
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$ |
(22,130 |
) |
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$ |
25,124 |
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$ |
45,051 |
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$ |
(18,755 |
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$ |
26,296 |
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Developed technology |
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21,200 |
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(10,746 |
) |
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10,454 |
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21,200 |
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(9,989 |
) |
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11,211 |
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Customer relationships |
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13,200 |
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(5,133 |
) |
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8,067 |
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13,200 |
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(4,767 |
) |
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8,433 |
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Trade name |
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2,500 |
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(1,250 |
) |
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1,250 |
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2,500 |
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(1,161 |
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1,339 |
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Total intangible assets, net |
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$ |
84,154 |
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$ |
(39,259 |
) |
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$ |
44,895 |
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$ |
81,951 |
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$ |
(34,672 |
) |
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$ |
47,279 |
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| Summary of Expected Future Amortization Expense Related to Intangible Assets |
The expected future amortization expense related to the intangible assets as of April 30, 2025 is as follows:
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As of |
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April 30, 2025 |
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Fiscal Year |
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(in thousands) |
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2026 (9 months remaining) |
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$ |
11,405 |
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2027 |
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8,565 |
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2028 |
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7,282 |
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2029 |
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5,925 |
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2030 |
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3,532 |
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Thereafter |
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8,186 |
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Total future amortization expenses: |
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$ |
44,895 |
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