v3.25.2
Investments in Marketable Securities
6 Months Ended
Jul. 31, 2025
Investments, Debt and Equity Securities [Abstract]  
Investments in Marketable Securities Investments in Marketable Securities
The following tables summarize the Company's investments in marketable securities:
July 31, 2025
(in thousands)Amortized CostUnrealized GainsUnrealized LossesFair Value
Money market funds$47,350 $— $— $47,350 
Commercial paper29,895 — (6)29,889 
U.S. treasury securities29,871 — (3)29,868 
Total marketable securities$107,116 $— $(9)$107,107 
January 31, 2025
(in thousands)Amortized CostUnrealized GainsUnrealized LossesFair Value
Money market funds$36,371 $— $— $36,371 
Total marketable securities$36,371 $— $— $36,371 
As of July 31, 2025 and January 31, 2025, the Company's marketable securities have a maturity of 90 days or less and are classified as cash and cash equivalents. During the six months ended July 31, 2025 and 2024, the Company had no material reclassification adjustments from accumulated other comprehensive loss to net income.
The Company classifies interest income on investments in marketable securities, amortization of premiums and discounts, and realized gains and losses on securities available for sale within interest income in the condensed consolidated statements of operations and comprehensive income (loss).
The Company regularly reviews its debt securities and monitors the surrounding economic conditions to assess the risk of expected credit losses. As of July 31, 2025 and January 31, 2025, the unrealized losses and the related risk of expected credit losses were not significant.