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Business Combination, Intangible Assets, and Goodwill (Tables) | 6 Months Ended
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Jul. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Business Acquisitions, by Acquisition | The acquisition date fair value of the purchase consideration was $650.8 million, which was comprised of the following (in thousands):
| Estimated Fair Value
Cash | $ | 211,839 |
Common stock(1) | 438,916 |
Total | $ | 650,755 |
________________ (1)Approximately 1.9 million shares of the Company’s Class A common stock were included in the purchase consideration and the fair values of these shares were determined based on the closing market price of $229.13 per share on the acquisition date.
Schedule of Preliminary Allocation of Purchase Price to Assets Acquired and Liabilities Assumed | The following table summarizes the preliminary allocation of purchase consideration to assets acquired and liabilities assumed based on their respective estimated fair values as of the date of acquisition:
| Estimated Fair Value (in thousands) |  | Estimated Useful Life (in years)
Cash and cash equivalents | $ | 33,914 |  |  |
Goodwill | 494,165 |  |  |
Developer community intangible asset | 150,000 |  |  | 5
Other net tangible liabilities | (660) |  |  |
Deferred tax liabilities, net(1) | (26,664) |  |  |
Total | $ | 650,755 |  |  |
________________ (1)Deferred tax liabilities, net primarily relates to the intangible asset acquired and the amount presented is net of deferred tax assets.
Business Acquisition, Pro Forma Information | The following unaudited pro forma financial information summarizes the combined results of operations of the Company and Streamlit, as if Streamlit had been acquired as of February 1, 2021 (in thousands):
| Pro Forma
| Three Months Ended July 31, |  | Six Months Ended July 31,
| 2022 |  | 2021 |  | 2022 |  | 2021
| (unaudited)
Revenue | $ | 497,248 |  |  | $ | 272,198 |  |  | $ | 919,641 |  |  | $ | 501,112 |
Net loss | $ | (222,806) |  |  | $ | (219,905) |  |  | $ | (436,965) |  |  | $ | (431,494) |
Schedule of Intangible Assets | Intangible assets, net consisted of the following (in thousands):
| July 31, 2022 |  |
| Gross |  | Accumulated Amortization |  | Net |  |
Finite-lived intangible assets: |  |  |  |  |  |  |
Developer community | $ | 150,000 |  |  | $ | (10,100) |  |  | $ | 139,900 |  |  |
Assembled workforce | 28,252 |  |  | (7,466) |  |  | 20,786 |  |  |
Developed technology | 11,332 |  |  | (5,945) |  |  | 5,387 |  |  |
Patents | 8,874 |  |  | (3,519) |  |  | 5,355 |  |  |
Other | 47 |  |  | (47) |  |  | — |  |  |
Total finite-lived intangible assets | $ | 198,505 |  |  | $ | (27,077) |  |  | $ | 171,428 |  |  |
Infinite-lived intangible assets—trademarks |  |  |  |  | 826 |  |  |
Total intangible assets, net |  |  |  |  | $ | 172,254 |  |  |
| January 31, 2022 |  |
| Gross |  | Accumulated Amortization |  | Net |  |
Finite-lived intangible assets: |  |  |  |  |  |  |
Assembled workforce | $ | 28,252 |  |  | $ | (3,941) |  |  | $ | 24,311 |  |  |
Developed technology | 11,332 |  |  | (4,812) |  |  | 6,520 |  |  |
Patents | 8,174 |  |  | (2,690) |  |  | 5,484 |  |  |
Other | 47 |  |  | (47) |  |  | — |  |  |
Total finite-lived intangible assets | $ | 47,805 |  |  | $ | (11,490) |  |  | $ | 36,315 |  |  |
Infinite-lived intangible assets—trademarks |  |  |  |  | 826 |  |  |
Total intangible assets, net |  |  |  |  | $ | 37,141 |  |  |
Schedule of Future Amortization Expense | As of July 31, 2022, future amortization expense is expected to be as follows (in thousands):
| Amount
Fiscal Year Ending January 31, |
Reminder of 2023 | $ | 20,719 |
2024 | 41,101 |
2025 | 40,360 |
2026 | 34,250 |
2027 | 30,097 |
Thereafter | 4,901 |
Total | $ | 171,428 |
Schedule of Goodwill | Changes in goodwill were as follows (in thousands):
| Amount
Balance—January 31, 2022 | $ | 8,449 |
Addition | 494,165 |
Balance—July 31, 2022 | $ | 502,614 |

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