XML 38 R28.htm IDEA: XBRL DOCUMENT v3.21.2
Intangible Assets, Net (Tables)
9 Months Ended
Oct. 31, 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 October 31, 2021, $5.7 million was recorded in accrued and other current liabilities and $2.6 million was recorded in other long-term liabilities in the condensed consolidated balance sheets. The carrying amounts of intangible assets as of October 31, 2021 and January 31, 2021 were as follows:

 

 

 

As of October 31, 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

 

Developed technology

 

 

4,100

 

 

 

(147

)

 

 

3,953

 

 

 

 

 

 

 

 

 

 

Software licenses

 

 

21,708

 

 

 

(10,394

)

 

 

11,314

 

 

 

21,043

 

 

 

(6,440

)

 

 

14,603

 

Total intangible assets, net

 

$

25,808

 

 

$

(10,541

)

 

$

15,267

 

 

$

25,143

 

 

$

(6,440

)

 

$

18,703

 

Summary of Expected Future Amortization Expense Related to Intangible Assets The expected future amortization expense related to these intangible assets as of October 31, 2021 is as follows:

 

 

As of

 

 

 

October 31, 2021

 

Fiscal Year

 

(in thousands)

 

2022 (3 months remaining)

 

$

1,665

 

2023

 

 

7,292

 

2024

 

 

3,478

 

2025

 

 

782

 

2026

 

 

586

 

Thereafter

 

 

1,464

 

Total future amortization expenses:

 

$

15,267