Annual report [Section 13 and 15(d), not S-K Item 405]

Fair Value Measurements (Tables)

v3.25.1
Fair Value Measurements (Tables)
 12 Months Ended
Jan. 31, 2025
Fair Value Disclosures [Abstract]  
Summary of Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis
The following tables present information about the Company’s financial assets that have been measured at fair value on a recurring basis as of January 31, 2025 and 2024, and indicate the fair value hierarchy of the valuation inputs utilized to determine such fair value:
January 31, 2025 January 31, 2024
(in thousands) Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total
Financial Assets:
Cash Equivalents:
Money market funds $ 57,158  $ —  $ —  $ 57,158  $ 52,647  $ —  $ —  $ 52,647 
Marketable Securities:
Corporate bonds —  106,654  —  106,654  —  98,703  —  98,703 
Municipal bonds —  12,745  —  12,745  —  985  —  985 
U.S. government and agency securities —  120,008  —  120,008  —  185,571  —  185,571 
Certificates of deposit —  34,611  —  34,611  —  46,543  —  46,543 
Commercial paper —  64,171  —  64,171  —  166,729  —  166,729 
Total financial assets $ 57,158  $ 338,189  $ —  $ 395,347  $ 52,647  $ 498,531  $ —  $ 551,178