The following tables summarize the estimated fair value of our cash, cash equivalents and marketable securities and the gross unrealized holding gains and losses (in thousands):


	August 1, 2026
	Amortized Cost		Gross Unrealized Holding Gains		Gross Unrealized Holding Losses			Estimated Fair Value
Cash and cash equivalents:
Cash	$	47,485	$	—	$	—		$	47,485
Money market funds		2,803		—		—			2,803
Total cash and cash equivalents		50,288		—		—			50,288
Marketable securities:
U.S. treasury and government agency securities		20,150		—		(1,717	)		18,433
Corporate debt securities		9,663		—		(19	)		9,644
Certificates of deposit		18,900		—		—			18,900
Total marketable securities	$	48,713	$	—	$	(1,736	)	$	46,977


	January 31, 2026
	Amortized Cost		Gross Unrealized Holding Gains		Gross Unrealized Holding Losses			Estimated Fair Value
Cash and cash equivalents:
Cash	$	93,610	$	—	$	—		$	93,610
Money market funds		7,803		—		—			7,803
U.S. treasury and government agency securities		8,867		—		—			8,867
Corporate debt securities		17,580		—		—			17,580
Total cash and cash equivalents		127,860		—		—			127,860
Marketable securities:
U.S. treasury and government agency securities		12,216		—		(1,665	)		10,551
Corporate debt securities		2,000		—		(11	)		1,989
Certificates of deposit		20,224		—		—			20,224
Total marketable securities	$	34,440	$	—	$	(1,676	)	$	32,764

All of our marketable securities have an effective maturity date or weighted average life of five years or less at the time of purchase and may be liquidated, at our discretion, prior to maturity.

The following tables summarize the gross unrealized holding losses and fair value for investments in an unrealized loss position, and the length of time that individual securities have been in a continuous loss position (in thousands):


	August 1, 2026
	Less Than 12 Months					12 Months or Greater					Total
	Fair Value		Unrealized Losses			Fair Value		Unrealized Losses			Fair Value		Unrealized Losses
Marketable securities:
U.S. treasury and government agency securities	$	9,036	$	(20	)	$	9,397	$	(1,697	)	$	18,433	$	(1,717	)
Corporate debt securities		8,977		(19	)		—		—			8,977		(19	)
Total marketable securities	$	18,013	$	(39	)	$	9,397	$	(1,697	)	$	27,410	$	(1,736	)


	January 31, 2026
	Less Than 12 Months					12 Months or Greater					Total
	Fair Value		Unrealized Losses			Fair Value		Unrealized Losses			Fair Value		Unrealized Losses
Marketable securities:
U.S. treasury and government agency securities	$	121	$	(4	)	$	10,430	$	(1,661	)	$	10,551	$	(1,665	)
Corporate debt securities		—		—			1,989		(11	)		1,989		(11	)
Total marketable securities	$	121	$	(4	)	$	12,419	$	(1,672	)	$	12,540	$	(1,676	)