Acquired Intangible Assets

6 Months Ended

Jul. 31, 2024

Intangible Assets, Net (Excluding Goodwill) [Abstract]

Note 5: Acquired Intangible Assets

The gross value, accumulated amortization and carrying values of acquired intangible assets were as follows (in thousands):


			As of July 31, 2024						As of January 31, 2024
	Estimated life (in years)		Gross Value		Accumulated Amortization		Carrying Value		Gross Value		Accumulated Amortization		Carrying Value
Developed technology		2-7	$	20,618	$	(4,277)	$	16,341	$	20,618	$	(2,865)	$	17,753
Customer relationships		5-7		16,545		(8,733)		7,812		16,545		(7,336)		9,209
Trade names		2-5		1,685		(841)		844		1,685		(695)		990
Total intangible assets			$	38,848	$	(13,851)	$	24,997	$	38,848	$	(10,896)	$	27,952

Amortization expense was $1.5 million and $0.7 million for each of the three months ended July 31, 2024 and 2023, respectively, and was $3.0 million and $1.4 million for each of the six months ended July 31, 2024 and 2023, respectively.

At July 31, 2024, the estimated future amortization expense for intangible assets is as follows (in thousands):


Fiscal Years Ending January 31,	Total
2025 remainder	$	2,812
2026		5,624
2027		5,068
2028		3,950
2029		3,030
Thereafter		4,513
Total	$	24,997