Financial Instruments and Fair Value (Tables)

9 Months Ended

Oct. 31, 2023

Investments, All Other Investments [Abstract]

Schedule of Available-for-Sale Securities at Fair Value

All of the investments are classified as available-for-sale securities and reported at fair value in the condensed consolidated balance sheets as follows:

	As of October 31, 2023
	Amortized Cost		Unrealized Gains		Unrealized Losses			Fair Value
	(in thousands)
Money market funds	$	1,649	$	—	$	—		$	1,649
Commercial paper		22,963		—		—			22,963
Corporate bonds		40,667		7		(642	)		40,032
Asset-backed securities		17,269		—		(256	)		17,013
U.S. government securities		22,491		—		(328	)		22,163
Total cash equivalents and marketable debt securities	$	105,039	$	7	$	(1,226	)	$	103,820
	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

Schedule of Available-for-Sale Securities Unrealized Loss Position at Fair Value

The following table provides the breakdown of unrealized losses as of October 31, 2023, aggregated by investment category and length of time that individual securities have been in a continuous loss position:

	As of October 31, 2023
	Less than 12 Months					12 Months or Greater					Total
	Fair Value		Unrealized Losses			Fair Value		Unrealized Losses			Fair Value		Unrealized Losses
	(in thousands)
Corporate bonds	$	29,661	$	(406	)	$	9,098	$	(236	)	$	38,759	$	(642	)
Asset-backed securities		9,550		(87	)		7,463		(169	)		17,013		(256	)
U.S. government securities		14,761		(185	)		7,402		(143	)		22,163		(328	)
Total marketable debt securities at loss position	$	53,972	$	(678	)	$	23,963	$	(548	)	$	77,935	$	(1,226	)

Schedule of Cash Equivalents and Marketable Debt Securities

	As of
	October 31, 2023		January 31, 2023
	(in thousands)
Included in cash equivalents	$	25,271	$	7,872
Included in marketable debt securities		78,549		93,322
Total cash equivalents and marketable debt securities	$	103,820	$	101,194

Summary of Contractual Maturities of Investments

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

	As of
	October 31, 2023		January 31, 2023
	(in thousands)
Due within one year	$	39,736	$	48,016
Due in 1 - 5 years		64,084		52,414
Due in 5 - 7 years		—		764
Total cash equivalents and marketable debt securities	$	103,820	$	101,194

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 October 31, 2023 and January 31, 2023, respectively:

	As of October 31, 2023
	Total		Level 1		Level 2		Level 3
	(in thousands)
Money market funds	$	1,649	$	1,649	$	—	$	—
Commercial paper		22,963		—		22,963		—
Corporate bonds		40,032		—		40,032		—
Asset-backed securities		17,013		—		17,013		—
U.S. government securities		22,163		—		22,163		—
Total cash equivalents and marketable debt securities	$	103,820	$	1,649	$	102,171	$	—
	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	$	—