Annual report pursuant to Section 13 and 15(d)

Fair Value Measurements (Tables)

v3.24.1
Fair Value Measurements (Tables)
 12 Months Ended
Jan. 31, 2024
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, 2024 and 2023, and indicate the fair value hierarchy of the valuation inputs utilized to determine such fair value:
January 31, 2024 January 31, 2023
(in thousands) Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total
Financial Assets:
Cash Equivalents:
Money market funds $ 52,647  $ —  $ —  $ 52,647  $ 73,851  $ —  $ —  $ 73,851 
Marketable Securities:
Corporate bonds —  98,703  —  98,703  —  39,862  —  39,862 
Municipal bonds —  985  —  985  —  12,451  —  12,451 
U.S. government and agency securities —  185,571  —  185,571  —  128,537  —  128,537 
Certificates of deposit —  46,543  —  46,543  —  59,419  —  59,419 
Commercial paper —  166,729  —  166,729  —  149,970  —  149,970 
Total financial assets $ 52,647  $ 498,531  $ —  $ 551,178  $ 73,851  $ 390,239  $ —  $ 464,090