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Income Taxes (Tables)

12 Months Ended

Jan. 31, 2024

Income Tax Disclosure [Abstract]

Summary of Loss before Income Taxes

Loss before income taxes consisted of the following for the periods indicated:

		Year Ended January 31,
		2024				2023				2022
		(in thousands)
U.S. operations		$	(33,953	)		$	(18,968	)		$	(5,842	)
Non-U.S. operations			(114,577	)			(51,970	)			(22,799	)
Loss before income taxes		$	(148,530	)		$	(70,938	)		$	(28,641	)

Schedule of Income Tax Provision (Benefit)

Income tax provision (benefit) consisted of the following for the periods indicated:

		Year Ended January 31,
		2024				2023				2022
		(in thousands)
Current:
U.S. federal tax		$	303			$	(3,525	)		$	907
U.S. state taxes			1				175				—
Non-U.S. foreign taxes			1,711				2,395				1,778
			2,015				(955	)			2,685
Deferred:
U.S. federal tax			18,909				(4,231	)			(4,819	)
U.S. state taxes			—				—				(14	)
Non-U.S. foreign taxes			(37	)			(366	)			(82	)
			18,872				(4,597	)			(4,915	)
Provision (benefit) for income taxes		$	20,887			$	(5,552	)		$	(2,230	)

Schedule of Reconciliation Between the Provision (Benefit) for Income Taxes at the Statutory Rate and the Effective Tax Rate

For purposes of the reconciliation between the provision (benefit) for income taxes at the statutory rate and the effective tax rate, a notional U.S. 21% rate is applied to pretax income (loss) as a result of the following for the periods indicated, respectively:

		Year Ended January 31,
		2024				2023				2022
		(in thousands)
Provision at U.S. notional statutory rate		$	(31,191	)		$	(14,897	)		$	(6,015	)
U.S. state taxes			6				114				(11	)
Non-U.S. foreign tax differential			25,736				12,943				6,483
Stock-based compensation			4,847				10,004				1,900
U.S. R&D credit			(7,232	)			(5,045	)			(5,886	)
Valuation allowance			28,311				2,124				765
FIN48 interest			45				(739	)			311
Uncertain tax position release			—				(10,188	)			—
Other			365				132				223
Provision (benefit) for income taxes		$	20,887			$	(5,552	)		$	(2,230	)

Schedule of Deferred Tax Assets and Liabilities

Temporary differences that gave rise to significant portions of the Company’s deferred tax assets and liabilities at January 31, 2024 and 2023 were as follows:

		As of January 31,
		2024				2023
		(in thousands)
Deferred tax assets:
Federal and state credits		$	51,344			$	40,134
Net operating losses			6,099				6,659
Expenses not currently deductible			3,988				3,164
Operating lease liabilities			1,009				1,582
Stock-based compensation			3,820				3,678
Other deferred tax assets			220				262
Gross deferred tax assets			66,480				55,479
Valuation allowance			(60,036	)			(28,596	)
Total deferred tax assets		$	6,444			$	26,883
Deferred tax liabilities
Intangible assets			(5,722	)			(6,782	)
Property and equipment			(460	)			(617	)
Operating lease assets			(918	)			(1,452	)
Net deferred tax assets (liabilities)		$	(656	)		$	18,032

Summary of Tax Valuation Allowance

Tax valuation allowance for the periods indicated below were as follows:

														Deductions
										Additions				Charged to
		Balance at				Additions				Charged to				Expenses				Balance at
		Beginning of				Charged to				Other				or Other				End of
		Period				Expenses				Account				Accounts				Period
		(in thousands)
Tax Valuation Allowance
Year ended January 31, 2024		$	28,596				31,440				—				—			$	60,036
Year ended January 31, 2023		$	24,083				4,513				—				—			$	28,596
Year ended January 31, 2022		$	17,962				4,874				1,247				—			$	24,083

Schedule of Reconciliation of Beginning and Ending Amount of Unrecognized Tax Benefits

The following table sets forth a reconciliation of the beginning and ending amount of unrecognized tax benefits:

		Year Ended January 31,
		2024				2023				2022
		(in thousands)
Beginning balance:		$	21,656			$	30,884			$	29,527
Additions based on tax positions related to the    current year			997				1,033				1,412
Additions for tax positions of prior years			168				195				55
Reductions for tax positions in prior years			(38	)			(45	)			—
Settlements for prior periods			—				—				—
Lapse of applicable statute of limitations			(155	)			(10,411	)			(110	)
Ending balance:		$	22,628			$	21,656			$	30,884

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

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Tabular disclosure for tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities and other income tax contingencies. Includes, but is not limited to, interest and penalties, reconciliation of unrecognized tax benefits, unrecognized tax benefits that would affect the effective tax rate, tax years that remain subject to examination by tax jurisdictions, and information about positions for which it is reasonably possible that amounts unrecognized will significantly change within 12 months.

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