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Fair Value Measurements (Tables) | 6 Months Ended
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Jul. 31, 2024
Fair Value Disclosures [Abstract] |
Schedule of Fair Value of Financial Instruments Measured at Fair Value on a Recurring Basis | The following table sets forth our financial instruments that were measured at fair value on a recurring basis at the periods indicated below, by level within the fair value hierarchy (in thousands):
| July 31, 2024
| Level 1 |  | Level 2 |  | Level 3 |  | Total
Financial Assets: |  |  |  |  |  |  |
Cash equivalents |  |  |  |  |  |  |
Money market funds | $ | 22,478 |  |  | $ | — |  |  | $ | — |  |  | $ | 22,478 |
Total cash equivalents | 22,478 |  |  | — |  |  | — |  |  | 22,478 |
Marketable securities |  |  |  |  |  |  |
U.S. government securities | $ | 314,323 |  |  | $ | — |  |  | $ | — |  |  | $ | 314,323 |
Foreign securities | — |  |  | 6,359 |  |  | — |  |  | 6,359 |
Corporate debt securities | — |  |  | 104,218 |  |  | — |  |  | 104,218 |
Total marketable securities | 314,323 |  |  | 110,577 |  |  | — |  |  | 424,900 |
Liabilities |  |  |  |  |  |  |
Contingent consideration | $ | — |  |  | $ | — |  |  | $ | 86 |  |  | $ | 86 |
Total liabilities | — |  |  | — |  |  | 86 |  |  | 86 |
Total financial assets | $ | 336,801 |  |  | $ | 110,577 |  |  | $ | 86 |  |  | $ | 447,464 |
| January 31, 2024
| Level 1 |  | Level 2 |  | Level 3 |  | Total
Financial Assets: |  |  |  |  |  |  |
Cash equivalents |  |  |  |  |  |  |
Money market funds | $ | 20,758 |  |  | $ | — |  |  | $ | — |  |  | $ | 20,758 |
U.S. government securities | 6,996 |  |  | — |  |  | — |  |  | 6,996 |
Total cash equivalents | 27,754 |  |  | — |  |  | — |  |  | 27,754 |
Marketable securities |  |  |  |  |  |  |
U.S. government securities | $ | 318,957 |  |  | $ | — |  |  | $ | — |  |  | $ | 318,957 |
Foreign securities | — |  |  | 6,367 |  |  | — |  |  | 6,367 |
Corporate debt securities | — |  |  | 82,574 |  |  | — |  |  | 82,574 |
Total marketable securities | 318,957 |  |  | 88,941 |  |  | — |  |  | 407,898 |
Liabilities |  |  |  |  |  |  |
Contingent consideration | $ | — |  |  | $ | — |  |  | $ | 223 |  |  | $ | 223 |
Total liabilities | — |  |  | — |  |  | 223 |  |  | 223 |
Total financial assets | $ | 346,711 |  |  | $ | 88,941 |  |  | $ | 223 |  |  | $ | 435,875 |
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation | The following table summarizes the fair value changes in the contingent consideration liability in connection with the acquisition of North Star Y, Pty Ltd (in thousands):
| Three Months Ended July 31, |  | Six Months Ended July 31,
| 2024 |  | 2023 |  | 2024 |  | 2023
Beginning fair value | $ | 86 |  |  | $ | — |  |  | $ | 223 |  |  | $ | — |
Additions/adjustments in the period | — |  |  | 1,593 |  |  | (137) |  |  | 1,593 |
Ending fair value | $ | 86 |  |  | $ | 1,593 |  |  | $ | 86 |  |  | $ | 1,593 |

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- Definition Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
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- Definition Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-3 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
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