Balance Sheet Components (Tables)
|
6 Months Ended |
Jul. 31, 2025 |
|---|
| Finite-Lived Intangible Assets [Line Items] |
|
| Schedule of Prepaid Expenses |
Prepaid expenses consisted of the following (in thousands):
|
|
|
|
|
|
|
|
|
|
|
As of |
|
|
|
July 31, 2025 |
|
|
January 31, 2025 |
|
Prepaid software and subscriptions |
|
$ |
14,512 |
|
|
$ |
14,742 |
|
Prepaid insurance |
|
|
1,723 |
|
|
|
2,854 |
|
Prepaid user conference costs |
|
|
4,091 |
|
|
|
236 |
|
Prepaid cloud hosting costs |
|
|
6,215 |
|
|
|
2,650 |
|
Other |
|
|
5,439 |
|
|
|
4,309 |
|
Total prepaid expenses |
|
$ |
31,980 |
|
|
$ |
24,791 |
|
|
| Schedule of Internal-use Software Development Costs |
Internal-use software development costs were as follows (in thousands):
|
|
|
|
|
|
|
|
|
|
|
As of |
|
|
|
July 31, 2025 |
|
|
January 31, 2025 |
|
Internal-use software development costs, gross |
|
$ |
92,890 |
|
|
$ |
80,550 |
|
Less: Accumulated amortization |
|
|
(54,908 |
) |
|
|
(44,775 |
) |
Internal-use software development costs, net |
|
$ |
37,982 |
|
|
$ |
35,775 |
|
|
| Schedule of Expected Future Amortization Expense Related to Capitalized Internal use Software Development Costs |
As of July 31, 2025, estimated future amortization expense related to the intangible assets is as follows (in thousands):
|
|
|
|
|
Fiscal |
|
|
|
2026 (remainder) |
|
$ |
22,007 |
|
2027 |
|
|
37,690 |
|
2028 |
|
|
36,422 |
|
2029 |
|
|
33,921 |
|
2030 |
|
|
17,425 |
|
Thereafter |
|
|
44,723 |
|
Total |
|
$ |
192,188 |
|
|
| Schedule of Property and Equipment |
Property and equipment consisted of the following (in thousands, except years):
|
|
|
|
|
|
|
|
|
|
|
|
|
As of |
|
|
|
|
|
July 31, |
|
|
January 31, |
|
|
Estimated
Useful Lives |
|
|
2025 |
|
|
2025 |
|
|
in Years |
Computer equipment |
|
$ |
15,973 |
|
|
$ |
13,824 |
|
|
3 |
Office equipment |
|
|
6,930 |
|
|
|
7,017 |
|
|
3 |
Furniture and fixtures |
|
|
13,022 |
|
|
|
13,498 |
|
|
5 |
Leasehold improvements |
|
|
59,418 |
|
|
|
64,935 |
|
|
3 to 7 |
Property and equipment, gross |
|
|
95,343 |
|
|
|
99,274 |
|
|
|
Less: Accumulated depreciation |
|
|
(49,699 |
) |
|
|
(42,607 |
) |
|
|
Total property and equipment, net |
|
$ |
45,644 |
|
|
$ |
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 July 31, |
|
|
Six Months Ended July 31, |
|
|
|
2025 |
|
|
2024 |
|
|
2025 |
|
|
2024 |
|
Platform cost of revenue |
|
$ |
— |
|
|
$ |
1,373 |
|
|
$ |
960 |
|
|
$ |
4,201 |
|
Professional services and other cost of revenue |
|
|
— |
|
|
|
675 |
|
|
|
751 |
|
|
|
1,993 |
|
Sales and marketing |
|
|
— |
|
|
|
1,784 |
|
|
|
1,765 |
|
|
|
5,433 |
|
Research and development |
|
|
— |
|
|
|
1,765 |
|
|
|
1,679 |
|
|
|
5,243 |
|
General and administrative |
|
|
— |
|
|
|
4,490 |
|
|
|
2,877 |
|
|
|
13,298 |
|
Total impairment |
|
$ |
— |
|
|
$ |
10,087 |
|
|
$ |
8,032 |
|
|
$ |
30,168 |
|
|
| Summary of Accounts Payable and Other Accrued Expenses |
Accounts payable and other accrued expenses consisted of the following (in thousands):
|
|
|
|
|
|
|
|
|
|
|
As of |
|
|
|
July 31, 2025 |
|
|
January 31, 2025 |
|
Trade payables |
|
$ |
8,446 |
|
|
$ |
6,032 |
|
Non-income tax liabilities |
|
|
13,060 |
|
|
|
16,371 |
|
Cloud hosting costs |
|
|
6,892 |
|
|
|
4,920 |
|
Marketing and advertising costs |
|
|
1,176 |
|
|
|
645 |
|
Accrued interest payable |
|
|
633 |
|
|
|
632 |
|
Income taxes payable |
|
|
578 |
|
|
|
765 |
|
Other |
|
|
12,442 |
|
|
|
10,817 |
|
Total accounts payable and other accrued expenses |
|
$ |
43,227 |
|
|
$ |
40,182 |
|
|
| Schedule of Accrued Personnel Related Expenses |
Accrued personnel related expenses consisted of the following (in thousands):
|
|
|
|
|
|
|
|
|
|
|
As of |
|
|
|
July 31, 2025 |
|
|
January 31, 2025 |
|
Payroll expenses |
|
$ |
20,473 |
|
|
$ |
12,122 |
|
Accrued bonus |
|
|
30,411 |
|
|
|
61,194 |
|
Commissions |
|
|
6,495 |
|
|
|
6,844 |
|
Total accrued personnel related expenses |
|
$ |
57,379 |
|
|
$ |
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 July 31, 2025, expected future amortization expense related to capitalized internal-use software development costs was as follows (in thousands):
|
|
|
|
|
Fiscal |
|
|
|
2026 (remainder) |
|
$ |
10,346 |
|
2027 |
|
|
16,228 |
|
2028 |
|
|
9,653 |
|
2029 |
|
|
1,755 |
|
Total |
|
$ |
37,982 |
|
|