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Fair Value of Financial Instruments (Tables)
3 Months Ended
Apr. 30, 2022
Fair Value Disclosures [Abstract]  
Summary of Amortized Cost, Unrealized Gain (Loss) and Estimated Fair Value of Cash Equivalents and Short-term Investments

The amortized cost, unrealized gain (loss) and estimated fair value of marketable securities were as follows (in thousands):

 

 

 

April 30, 2022

 

 

 

Amortized Cost

 

 

Unrealized Gain

 

 

Unrealized Loss

 

 

Estimated Fair Value

 

Cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

U.S treasury securities

 

$

9,999

 

 

$

 

 

$

 

 

$

9,999

 

Commercial paper

 

 

1,999

 

 

 

 

 

 

 

 

 

1,999

 

Money market funds

 

 

166,263

 

 

 

 

 

 

 

 

 

166,263

 

Total cash equivalents

 

$

178,261

 

 

$

 

 

$

 

 

$

178,261

 

Short-term investments:

 

 

 

 

 

 

 

 

 

 

 

 

U.S treasury securities

 

$

35,921

 

 

$

 

 

$

(24

)

 

$

35,897

 

Commercial paper

 

 

1,992

 

 

 

 

 

 

 

 

 

1,992

 

Total short-term investments

 

$

37,913

 

 

$

 

 

$

(24

)

 

$

37,889

 

Total cash equivalents and short-term investments

 

$

216,174

 

 

$

 

 

$

(24

)

 

$

216,150

 

 

 

 

January 31, 2022

 

 

 

Amortized Cost

 

 

Unrealized Gain

 

 

Unrealized Loss

 

 

Estimated Fair Value

 

Cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

202,446

 

 

$

 

 

$

 

 

$

202,446

 

Total cash equivalents

 

$

202,446

 

 

$

 

 

$

 

 

$

202,446

 

Summary of Financial Assets Subject to Fair Value

Financial assets subject to the fair value disclosure requirements were as follows (in thousands):

 

 

 

April 30, 2022

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

U.S treasury securities

 

$

9,999

 

 

$

 

 

$

 

 

$

9,999

 

Commercial paper

 

 

 

 

 

1,999

 

 

 

 

 

 

1,999

 

Money market funds

 

 

166,263

 

 

 

 

 

 

 

 

 

166,263

 

Total cash equivalents

 

$

176,262

 

 

$

1,999

 

 

$

 

 

$

178,261

 

Short-term investments:

 

 

 

 

 

 

 

 

 

 

 

 

U.S treasury securities

 

$

35,897

 

 

$

 

 

$

 

 

$

35,897

 

Commercial paper

 

 

 

 

 

1,992

 

 

 

 

 

 

1,992

 

Total short-term investments

 

$

35,897

 

 

$

1,992

 

 

$

 

 

$

37,889

 

Total cash equivalents and short-term investments

 

$

212,159

 

 

$

3,991

 

 

$

 

 

$

216,150

 

 

 

 

January 31, 2022

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

202,446

 

 

$

 

 

$

 

 

$

202,446