Annual report pursuant to Section 13 and 15(d)

Balance Sheet Components (Tables)

v3.23.1
Balance Sheet Components (Tables)
12 Months Ended
Jan. 31, 2023
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Schedule of Prepaid Expense and Other Current Assets
Prepaid expenses and other current assets consisted of the following:
January 31,
(in thousands) 2023 2022
Prepaid hosting and data costs $ 12,168  $ 46,513 
Prepaid software costs 6,079  5,765 
Capitalized commissions costs, current portion 44,051  40,695 
Prepaid insurance 1,734  2,118 
Contract assets 4,785  3,161 
Other 10,048  10,915 
Prepaid expenses and other current assets $ 78,865  $ 109,167 
Schedule of Property, Plant and Equipment, Net
Property and equipment, net consisted of the following:
January 31,
(in thousands) 2023 2022
Computer equipment $ 16,283  $ 13,544 
Office furniture and other 2,540  1,256 
Leasehold improvements 5,535  3,930 
Less accumulated depreciation and amortization (16,875) (12,433)
Total fixed assets, net 7,483  6,297 
Capitalized internal-use software 35,962  23,065 
Less accumulated amortization (20,560) (14,657)
Total capitalized internal-use software $ 15,402  $ 8,408 
Property and equipment, net $ 22,885  $ 14,705 
Depreciation and amortization expense consisted of the following:
Year Ended January 31,
(in thousands) 2023 2022 2021
Depreciation and amortization expense $ 6,148  $ 4,218  $ 2,538 
Amortization expense for capitalized internal-use software $ 5,903  $ 3,428  $ 2,526 
Schedule of Accrued Expenses and Other Current Liabilities
Accrued expenses and other current liabilities consisted of the following:
January 31,
(in thousands) 2023 2022
Bonuses $ 25,057  $ 22,622 
Employee liabilities (1)
16,374  21,668 
Commissions 27,866  16,496 
Accrued litigation settlement(2)
—  12,000 
Accrued sales and use tax liability 7,336  6,935 
Accrued income taxes 3,139  2,559 
Purchased media costs (3)
2,965  3,227 
Professional services 784  1,062 
Other 14,003  13,651 
$ 97,524  $ 100,220 
(1) Includes $1.4 million and $2.3 million of accrued ESPP employee contributions at January 31, 2023 and 2022. Refer to Note 12, Stock-Based Compensation, for further discussion of the Company's ESPP.
(2) In February 2022, the Company and Opal Labs Inc. (“Opal”) agreed to settle all outstanding claims with respect to Opal's complaints alleging breach of contract and violation of Oregon’s Uniform Trade Secrets Act, among other claims. The payment was made in March 2022.
(3) Purchased media costs consist of amounts owed to the Company’s vendors for the purchase of advertising space on behalf of its customers.