Prepaid expenses and other current assets consisted of the following (in thousands):


	April 30,		January 31,
	2026		2026
Prepaid expenses	$	139,142	$	155,901
Inventory, net	7,043		5,676
Contract assets, current	4,645		3,845
Other current assets	14,538		14,943
Total prepaid expenses and other current assets	$	165,368	$	180,365

Property and equipment, net consisted of the following (in thousands):


	April 30,		January 31,
	2026		2026
Equipment	$	99,097	$	87,483
Capitalized internal-use software	59,503		53,265
Leasehold improvements	21,930		28,335
Furniture and fixtures	7,018		7,030
Total property and equipment, gross	187,548		176,113
Less: accumulated depreciation and amortization	(101,044)		(92,283)
Total property and equipment, net	$	86,504	$	83,830

Depreciation expense related to the Company’s property and equipment, which did not include amortization expense related to capitalized internal-use software, was $5.1 million and $4.4 million for the three months ended April 30, 2026 and 2025, respectively.

Amortization expense relating to capitalized internal-use software was $4.2 million and $2.7 million for the three months ended April 30, 2026 and 2025, respectively.

Accrued expenses and other current liabilities consisted of the following (in thousands):


	April 30,		January 31,
	2026		2026
Accrued expenses	$	49,270	$	60,257
Accrued bonuses	17,957		56,630
Accrued sales commissions	16,153		36,958
Accrued payroll-related expenses, taxes, and benefits	40,816		58,170
Operating lease liabilities	14,612		12,709
Other	5,102		5,252
Total accrued expenses and other current liabilities	$	143,910	$	229,976