Fair Value of Financial Instruments (Tables)

12 Months Ended

Jan. 31, 2025

Summary of Estimated Fair Value of Securities Included in Cash Equivalents and Short-term Investments

The estimated fair value of securities included in cash equivalents and short-term investments, which are classified as Level 1, were as follows (in thousands):


	January 31,
	2025		2024
Cash equivalents:
Money market funds	$	188,307	$	189,268
Total cash equivalents		188,307		189,268
Short-term investments:
U.S. treasury securities		98,241		61,484
Non-U.S. government issued securities		—		5,464
Total short-term investments (1)		98,241		66,948
Total cash equivalents and short-term investments (1)	$	286,548	$	256,216

(1)

As of January 31, 2024, we had a certificate of deposit for a total of $30.0 million with an original maturity of more than three months and less than twelve months that is classified as a short-term investment in our consolidated balance sheet. This certificate of deposit is not included in the table above as it does not meet the definition of a security.

Summary of Contractual Maturities of Securities Included in Cash Equivalents and Short-Term Investment

As of January 31, 2025, contractual maturities of our securities included in cash equivalents and short-term investments were as follows (in thousands):


	January 31, 2025
Due within one year	$	276,539
Due between one to five years		10,009
Total	$	286,548