Balance Sheet Components (Tables)
|
3 Months Ended |
Apr. 30, 2025 |
|---|
| Finite-Lived Intangible Assets [Line Items] |
|
| Schedule of Prepaid Expenses |
Prepaid expenses consisted of the following (in thousands):
|
|
|
|
|
|
|
|
|
|
|
As of |
|
|
|
April 30, 2025 |
|
|
January 31, 2025 |
|
Prepaid software and subscriptions |
|
$ |
12,600 |
|
|
$ |
14,742 |
|
Prepaid insurance |
|
|
2,298 |
|
|
|
2,854 |
|
Other |
|
|
8,650 |
|
|
|
7,195 |
|
Total prepaid expenses |
|
$ |
23,548 |
|
|
$ |
24,791 |
|
|
| Schedule of Internal-use Software Development Costs |
Internal-use software development costs were as follows (in thousands):
|
|
|
|
|
|
|
|
|
|
|
As of |
|
|
|
April 30, 2025 |
|
|
January 31, 2025 |
|
Internal-use software development costs, gross |
|
$ |
86,365 |
|
|
$ |
80,550 |
|
Less: Accumulated amortization |
|
|
(49,775 |
) |
|
|
(44,775 |
) |
Internal-use software development costs, net |
|
$ |
36,590 |
|
|
$ |
35,775 |
|
|
| Schedule of Expected Future Amortization Expense Related to Capitalized Internal use Software Development Costs |
As of April 30, 2025, estimated future amortization expense related to the intangible assets is as follows (in thousands):
|
|
|
|
|
Fiscal |
|
|
|
2026 (remainder) |
|
$ |
33,389 |
|
2027 |
|
|
37,690 |
|
2028 |
|
|
36,422 |
|
2029 |
|
|
33,921 |
|
2030 |
|
|
17,425 |
|
Thereafter |
|
|
44,723 |
|
Total |
|
$ |
203,570 |
|
|
| Schedule of Property and Equipment |
Property and equipment consisted of the following (in thousands, except years):
|
|
|
|
|
|
|
|
|
|
|
|
|
As of |
|
|
|
|
|
April 30, |
|
|
January 31, |
|
|
Estimated
Useful Lives |
|
|
2025 |
|
|
2025 |
|
|
in Years |
Computer equipment |
|
$ |
15,035 |
|
|
$ |
13,824 |
|
|
3 |
Office equipment |
|
|
6,914 |
|
|
|
7,017 |
|
|
3 |
Furniture and fixtures |
|
|
13,022 |
|
|
|
13,498 |
|
|
5 |
Leasehold improvements |
|
|
59,415 |
|
|
|
64,935 |
|
|
3 to 7 |
Property and equipment, gross |
|
|
94,386 |
|
|
|
99,274 |
|
|
|
Less: Accumulated depreciation |
|
|
(46,183 |
) |
|
|
(42,607 |
) |
|
|
Total property and equipment, net |
|
$ |
48,203 |
|
|
$ |
56,667 |
|
|
|
|
| Summary of Impairments Recorded in the Unaudited Condensed Consolidated Statement of Operations |
The impairments were recorded in the unaudited condensed consolidated statement of operations as follows:
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended April 30, |
|
|
|
2025 |
|
|
2024 |
|
Platform cost of revenue |
|
$ |
960 |
|
|
$ |
2,828 |
|
Professional services and other cost of revenue |
|
|
751 |
|
|
|
1,318 |
|
Sales and marketing |
|
|
1,765 |
|
|
|
3,649 |
|
Research and development |
|
|
1,679 |
|
|
|
3,478 |
|
General and administrative |
|
|
2,877 |
|
|
|
8,808 |
|
Total impairment |
|
$ |
8,032 |
|
|
$ |
20,081 |
|
|
| Summary of Accounts Payable and Other Accrued Expenses |
Accounts payable and other accrued expenses consisted of the following (in thousands):
|
|
|
|
|
|
|
|
|
|
|
As of |
|
|
|
April 30, 2025 |
|
|
January 31, 2025 |
|
Trade payables |
|
$ |
6,175 |
|
|
$ |
6,032 |
|
Non-income tax liabilities |
|
|
15,105 |
|
|
|
16,371 |
|
Cloud hosting costs |
|
|
7,418 |
|
|
|
4,920 |
|
Marketing and advertising costs |
|
|
4,320 |
|
|
|
645 |
|
Accrued interest payable |
|
|
614 |
|
|
|
632 |
|
Income taxes payable |
|
|
584 |
|
|
|
765 |
|
Other |
|
|
9,824 |
|
|
|
10,817 |
|
Total accounts payable and other accrued expenses |
|
$ |
44,040 |
|
|
$ |
40,182 |
|
|
| Schedule of Accrued Personnel Related Expenses |
Accrued personnel related expenses consisted of the following (in thousands):
|
|
|
|
|
|
|
|
|
|
|
As of |
|
|
|
April 30, 2025 |
|
|
January 31, 2025 |
|
Payroll expenses |
|
$ |
16,229 |
|
|
$ |
12,122 |
|
Accrued bonus |
|
|
14,527 |
|
|
|
61,194 |
|
Commissions |
|
|
7,214 |
|
|
|
6,844 |
|
Total accrued personnel related expenses |
|
$ |
37,970 |
|
|
$ |
80,160 |
|
|
| Capitalized Internal-use Software Development Costs |
|
| Finite-Lived Intangible Assets [Line Items] |
|
| Schedule of Expected Future Amortization Expense Related to Capitalized Internal use Software Development Costs |
As of April 30, 2025, expected future amortization expense related to capitalized internal-use software development costs was as follows (in thousands):
|
|
|
|
|
Fiscal |
|
|
|
2026 (remainder) |
|
$ |
14,636 |
|
2027 |
|
|
13,925 |
|
2028 |
|
|
7,450 |
|
2029 |
|
|
579 |
|
Total |
|
$ |
36,590 |
|
|