Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v3.23.2
Stock-Based Compensation (Tables)
6 Months Ended
Jul. 31, 2023
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Option Activity
A summary of the Company’s stock option activity for the six months ended July 31, 2023 is as follows:
Number of stock options Weighted average exercise price Weighted average remaining contractual life
(in thousands) (in years)
Outstanding as of January 31, 2023
33,049  $ 6.11  6.6
Granted 1,512  12.85 
Exercised (3,860) 5.53 
Cancelled/forfeited(1)
(3,065) 5.37 
Expired (7) 1.87 
Outstanding as of July 31, 2023
27,629  $ 6.64  6.3
Exercisable as of July 31, 2023
21,806  $ 5.67  5.8
Vested and expected to vest as of July 31, 2023
26,655  $ 6.53  6.3
Schedule of RSU Award Activity
A summary of the Company’s RSU activity for the six months ended July 31, 2023 is as follows:
Number of restricted shares Weighted Average Grant Date Fair Value
(in thousands)
Outstanding as of January 31, 2023
9,400  $ 12.23 
Granted 5,463  12.95 
Released (2,189) 12.74 
Cancelled/forfeited (933) 12.12 
Outstanding as of July 31, 2023
11,741  $ 12.48 
Schedule of Stock-based Compensation Expense
Stock-based compensation expense included in operating results was allocated as follows:
Three Months Ended July 31, Six Months Ended July 31,
(in thousands) 2023 2022 2023 2022
Costs of subscription $ 290  $ 389  $ 590  $ 798 
Costs of professional services 405  779  808  1,402 
Research and development 3,897  3,148  6,964  5,496 
Sales and marketing 6,311  7,809  12,266  13,665 
General and administrative 3,962  4,072  7,547  7,350 
Stock-based compensation, net of amounts capitalized 14,865  16,197  28,175  28,711 
Capitalized stock-based compensation 874  677  1,544  875 
Total stock-based compensation $ 15,739  $ 16,874  $ 29,719  $ 29,586