v3.25.1
Fair Value Measurements (Tables)
3 Months Ended
Apr. 30, 2025
Fair Value Disclosures [Abstract]  
Summary of Financial Assets and Liabilities Measured and Recorded at Fair Value on Recurring Basis

Financial assets and liabilities measured and recorded at fair value on a recurring basis consisted of the following (in thousands):

 

 

 

As of April 30, 2025

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

404,234

 

$

 

 

$

 

 

$

404,234

 

Total in cash and cash equivalents

 

$

404,234

 

 

$

 

 

$

 

 

$

404,234

 

 

 

 

As of January 31, 2025

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

427,792

 

 

$

 

 

$

 

 

$

427,792

 

Total in cash and cash equivalents

 

$

427,792

 

 

$

 

 

$

 

 

$

427,792

 

Schedule of Activity for Contingent Liability The following represents the activity for the contingent liability:

 

 

 

Three Months Ended April 30, 2024

 

Balance at beginning of period

 

$

435

 

Change in fair value of contingent consideration

 

 

(30

)

Payment of contingent consideration

 

 

(240

)

Balance at end of period

 

$

165