CASH, CASH EQUIVALENTS, AND SHORT-TERM INVESTMENTS

3 Months Ended

Apr. 30, 2025

Cash, Cash Equivalents, and Short-Term Investments [Abstract]

CASH, CASH EQUIVALENTS, AND SHORT-TERM INVESTMENTS

The following tables summarize our cash, cash equivalents, and short-term investments as of April 30, 2025 and January 31, 2025:


	April 30, 2025
(in thousands)	Cost Basis		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value
Cash and cash equivalents:
Cash and bank time deposits	$	152,138	$	—	$	—	$	152,138
Money market funds	28,483		—		—		28,483
U.S. Treasury bills	249		—		—		249
Total cash and cash equivalents	$	180,870	$	—	$	—	$	180,870

Short-term investments:
Bank time deposits	$	449	$	—	$	—	$	449
Total short-term investments	$	449	$	—	$	—	$	449


	January 31, 2025
(in thousands)	Cost Basis		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value
Cash and cash equivalents:
Cash and bank time deposits	$	159,688	$	—	$	—	$	159,688
Money market funds	56,019		—		—		56,019
Total cash and cash equivalents	$	215,707	$	—	$	—	$	215,707

Short-term investments:
Bank time deposits	$	1,344	$	—	$	—	$	1,344
Total short-term investments	$	1,344	$	—	$	—	$	1,344

Bank time deposits which are reported within short-term investments consist of deposits held outside of the United States with maturities of greater than 90 days, or without specified maturity dates which we intend to hold for periods in excess of 90 days. All other bank deposits are included within cash and cash equivalents.

During the three months ended April 30, 2025 and 2024, proceeds from maturities and sales of short-term investments were $0.9 million and $0.2 million, respectively.