XML 21 R10.htm IDEA: XBRL DOCUMENT
v3.24.1.1.u2

Cash Equivalents and Short-Term Investments | 3 Months Ended
--- | ---
Apr. 30, 2024
Cash, Cash Equivalents, and Short-Term Investments [Abstract] |
Cash Equivalents and Short-Term Investments | Cash Equivalents and Short-Term Investments The following tables summarize the Company’s cash equivalents and short-term investments (in thousands):
| As of April 30, 2024
Amortized Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Estimated Fair Value
Cash Equivalents |  |  |  |  |  |  |
Money market funds | $ | 37,117 |  |  | $ | — |  |  | $ | — |  |  | $ | 37,117 |
Total cash equivalents | 37,117 |  |  | — |  |  | — |  |  | 37,117 |
Short-Term Investments |  |  |  |  |  |  |
U.S. government treasury securities | 83,723 |  |  | 1 |  |  | (157) |  |  | 83,567 |
Corporate debt securities | 13,804 |  |  | 2 |  |  | (49) |  |  | 13,757 |
U.S. government agency securities | 5,999 |  |  | — |  |  | (12) |  |  | 5,987 |
Commercial paper | 4,909 |  |  | — |  |  | — |  |  | 4,909 |
Total short-term investments | 108,435 |  |  | 3 |  |  | (218) |  |  | 108,220 |
Total | $ | 145,552 |  |  | $ | 3 |  |  | $ | (218) |  |  | $ | 145,337 |
| As of January 31, 2024
Amortized Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Estimated Fair Value
Cash Equivalents |  |  |  |  |  |  |
Money market funds | $ | 32,895 |  |  | $ | — |  |  | $ | — |  |  | $ | 32,895 |
Total cash equivalents | 32,895 |  |  | — |  |  | — |  |  | 32,895 |
Short-Term Investments |  |  |  |  |  |  |
U.S. government treasury securities | 85,525 |  |  | 58 |  |  | (7) |  |  | 85,576 |
Corporate debt securities | 13,712 |  |  | 14 |  |  | (1) |  |  | 13,725 |
U.S. government agency securities | 7,999 |  |  | — |  |  | (8) |  |  | 7,991 |
Commercial paper | 4,845 |  |  | — |  |  | — |  |  | 4,845 |
Asset-backed securities | 144 |  |  | — |  |  | — |  |  | 144 |
Total short-term investments | 112,225 |  |  | 72 |  |  | (16) |  |  | 112,281 |
Total | $ | 145,120 |  |  | $ | 72 |  |  | $ | (16) |  |  | $ | 145,176 |
During the three months ended April 30, 2024 and 2023, the Company did not reclassify any amounts to earnings from accumulated other comprehensive income (loss) related to unrealized gains or losses in other income (expense), net in the condensed consolidated statements of operations. As of April 30, 2024, the Company’s short-term investments consisted of $88.8 million and $19.4 million with a contractual maturity date of less than one year and greater than one year, respectively. As of January 31, 2024, the Company’s short-term investments consisted of $97.6 million and $14.7 million with a contractual maturity of less than one year and greater than one year, respectively. The Company’s gross unrealized losses and fair values for short-term investments that were in an unrealized loss position as of April 30, 2024 and January 31, 2024 aggregated by investment category and the length of time that individual securities have been in a continuous loss position were as follows (in thousands):
| As of April 30, 2024
| Less Than 12 Months |  | 12 Months or Greater |  | Total
| Unrealized Losses |  | Fair Value |  | Unrealized Losses |  | Fair Value |  | Unrealized Losses |  | Fair Value
U.S. government treasury securities | $ | (157) |  |  | $ | 77,620 |  |  | $ | — |  |  | $ | — |  |  | $ | (157) |  |  | $ | 77,620 |
U.S. government agency securities | (12) |  |  | 5,987 |  |  | — |  |  | — |  |  | (12) |  |  | 5,987 |
Corporate debt securities | (49) |  |  | 9,826 |  |  | — |  |  | — |  |  | (49) |  |  | 9,826 |
Total | $ | (218) |  |  | $ | 93,433 |  |  | $ | — |  |  | $ | — |  |  | $ | (218) |  |  | $ | 93,433 |
| As of January 31, 2024
| Less Than 12 Months |  | 12 Months or Greater |  | Total
| Unrealized Losses |  | Fair Value |  | Unrealized Losses |  | Fair Value |  | Unrealized Losses |  | Fair Value
U.S. government treasury securities | $ | (7) |  |  | $ | 22,746 |  |  | $ | — |  |  | $ | — |  |  | $ | (7) |  |  | $ | 22,746 |
U.S. government agency securities | (8) |  |  | 7,991 |  |  | — |  |  | — |  |  | (8) |  |  | 7,991 |
Corporate debt securities | (1) |  |  | 5,008 |  |  | — |  |  | — |  |  | (1) |  |  | 5,008 |
Asset-backed securities | — |  |  | — |  |  | — |  |  | 144 |  |  | — |  |  | 144 |
Total | $ | (16) |  |  | $ | 35,745 |  |  | $ | — |  |  | $ | 144 |  |  | $ | (16) |  |  | $ | 35,889 |
As of April 30, 2024, the Company had 19 short-term investments in an unrealized loss position. As of January 31, 2024, the Company had 13 short-term investments in an unrealized loss position. As of April 30, 2024, the Company determined that the declines in the market value of its investment portfolio were not driven by credit related factors. During the three months ended April 30, 2024, there were no credit or non-credit related impairment charges recorded by the Company.

X
- References No definition available. + Details
Name: | us-gaap_CashCashEquivalentsAndShortTermInvestmentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure of the components of cash, cash equivalents, and short-term investments. Short-term investments may include current marketable securities. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//320/tableOfContent + Details
Name: | us-gaap_CashCashEquivalentsAndShortTermInvestmentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration