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Financial Instruments and Fair Value (Tables)
12 Months Ended
Jan. 31, 2023
Investments, All Other Investments [Abstract]  
Schedule of Available-for-Sale Securities at Fair Value All of the investments are denominated in United States dollars and reported at fair value as available-for-sale securities in the consolidated balance sheets as follows:

 

 

 

As of January 31, 2023

 

 

 

Amortized Cost

 

 

Unrealized Gains

 

 

Unrealized Losses

 

 

Fair Value

 

 

 

(in thousands)

 

Money market funds

 

$

7,872

 

 

$

 

 

$

 

 

$

7,872

 

Commercial paper

 

 

18,333

 

 

 

 

 

 

 

 

 

18,333

 

Corporate bonds

 

 

23,472

 

 

 

50

 

 

 

(224

)

 

 

23,298

 

Asset-backed securities

 

 

18,753

 

 

 

44

 

 

 

(149

)

 

 

18,648

 

U.S. government securities

 

 

33,256

 

 

 

22

 

 

 

(235

)

 

 

33,043

 

Total cash equivalents and marketable debt securities

 

$

101,686

 

 

$

116

 

 

$

(608

)

 

$

101,194

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of January 31, 2022

 

 

 

Amortized Cost

 

 

Unrealized Gains

 

 

Unrealized Losses

 

 

Fair Value

 

 

 

(in thousands)

 

Money market funds

 

$

20

 

 

$

 

 

$

 

 

$

20

 

Total cash equivalents and marketable debt securities

 

$

20

 

 

$

 

 

$

 

 

$

20

 

Schedule of Cash Equivalents and Marketable Debt Securities

 

 

 

As of

 

 

 

January 31, 2023

 

 

January 31, 2022

 

 

 

(in thousands)

 

Included in cash equivalents

 

$

7,872

 

 

$

20

 

Included in marketable debt securities

 

 

93,322

 

 

 

 

Total cash equivalents and marketable debt securities

 

$

101,194

 

 

$

20

 

Summary of Contractual Maturities of Investments

The contractual maturities of the investments at January 31, 2023 and 2022 were as follows:

 

 

 

As of

 

 

 

January 31, 2023

 

 

January 31, 2022

 

 

 

(in thousands)

 

Due within one year

 

$

48,016

 

 

$

20

 

Due in 1-5 years

 

 

52,414

 

 

 

 

Due in 5-7 years

 

 

764

 

 

 

 

Total cash equivalents and marketable debt securities

 

$

101,194

 

 

$

20

 

Schedule of Fair Value of Financial Instruments Measured on Recurring Basis

The following tables present the fair value of the financial instruments measured on a recurring basis as of January 31, 2023 and 2022, respectively:

 

 

 

As of January 31, 2023

 

 

 

Total

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

 

(in thousands)

 

Money market funds

 

$

7,872

 

 

$

7,872

 

 

$

 

 

$

 

Commercial paper

 

 

18,333

 

 

 

 

 

 

18,333

 

 

 

 

Corporate bonds

 

 

23,298

 

 

 

 

 

 

23,298

 

 

 

 

Asset-backed securities

 

 

18,648

 

 

 

 

 

 

18,648

 

 

 

 

U.S. government securities

 

 

33,043

 

 

 

 

 

 

33,043

 

 

 

 

Total cash equivalents and marketable debt securities

 

$

101,194

 

 

$

7,872

 

 

$

93,322

 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of January 31, 2022

 

 

 

Total

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

 

(in thousands)

 

Money market funds

 

$

20

 

 

$

20

 

 

$

 

 

$

 

Total cash equivalents and marketable debt securities

 

$

20

 

 

$

20

 

 

$

 

 

$