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Intangible Assets, Net (Tables)
3 Months Ended
Apr. 30, 2021
Goodwill And Intangible Assets Disclosure [Abstract]  
Summary of Carrying Amounts of Intangible Assets

The Company enters into certain software license agreements with third parties from time-to-time. The software licenses consist of noncancelable on premise internal-use software and software with alternative use that is to be sold, leased or otherwise marketed as part of a product. The licenses have been capitalized as intangible assets, and the corresponding future payments have been recorded as liabilities at net present value. As of April 30, 2021, $5.6 million was recorded in accrued and other current liabilities and $4.2 million was recorded in other long-term liabilities in the condensed consolidated balance sheets. The carrying amounts of intangible assets as of April 30, 2021 and January 31, 2021 were as follows:

 

 

 

As of April 30, 2021

 

 

As of January 31, 2021

 

 

 

Gross Carrying Amount

 

 

Accumulated Amortization

 

 

Net Carrying Amount

 

 

Gross Carrying Amount

 

 

Accumulated Amortization

 

 

Net Carrying Amount

 

 

 

(in thousands)

 

In-process research and development

 

$

4,100

 

 

$

 

 

$

4,100

 

 

$

4,100

 

 

$

 

 

$

4,100

 

Software licenses

 

 

21,125

 

 

 

(7,934

)

 

 

13,191

 

 

 

21,043

 

 

 

(6,440

)

 

 

14,603

 

Total acquired intangible assets

 

$

25,225

 

 

$

(7,934

)

 

$

17,291

 

 

$

25,143

 

 

$

(6,440

)

 

$

18,703

 

Summary of Expected Future Amortization Expense Related to Software Licenses The expected future amortization expense related to these software licenses as of April 30, 2021 is as follows:

 

 

As of

 

 

 

April 30, 2021

 

Fiscal Year

 

(in thousands)

 

2022 (9 months remaining)

 

$

4,409

 

2023

 

 

6,298

 

2024

 

 

2,484

 

2025

 

 

 

2026

 

 

 

Thereafter

 

 

 

Total future amortization expenses:

 

$

13,191