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Acquired Intangible Assets
3 Months Ended
Apr. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Acquired Intangible Assets

Note 5: Acquired Intangible Assets

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

 

 

 

 

 

As of April 30, 2025

 

As of January 31, 2025

 

 

Estimated life
(in years)

 

Gross
Value

 

Accumulated Amortization

 

Carrying
Value

 

Gross
Value

 

Accumulated Amortization

 

Carrying
Value

Developed technology

 

 

2-7

 

$

20,618

 

$

(6,249)

 

$

14,369

 

$

20,618

 

$

(5,591)

 

$

15,027

Customer relationships

 

 

5-7

 

 

16,545

 

 

(10,830)

 

 

5,715

 

 

16,545

 

 

(10,131)

 

 

6,414

Trade names

 

 

2-5

 

 

1,685

 

 

(991)

 

 

694

 

 

1,685

 

 

(942)

 

 

743

Total intangible assets

 

 

 

 

$

38,848

 

$

(18,070)

 

$

20,778

 

$

38,848

 

$

(16,664)

 

$

22,184

Amortization expense was $1.4 million and $1.5 million for each of the three months ended April 30, 2025 and 2024, respectively.

At April 30, 2025, the estimated future amortization expense for intangible assets is as follows (in thousands):

Fiscal Years Ending January 31,

 

 

 

 

Total

2026 remainder

 

 

 

 

$

4,218

2027

 

 

 

 

 

5,068

2028

 

 

 

 

 

3,950

2029

 

 

 

 

 

3,030

2030

 

 

 

 

 

2,629

Thereafter

 

 

 

 

 

1,883

Total

 

 

 

 

$

20,778