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Fair Value of Financial Instruments (Tables)
6 Months Ended
Jul. 31, 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):

 

 

 

July 31, 2022

 

 

 

Amortized Cost

 

 

Unrealized Gain

 

 

Unrealized Loss

 

 

Estimated Fair Value

 

Cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

U.S. treasury securities

 

$

4,994

 

 

$

 

 

$

 

 

$

4,994

 

Commercial paper

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

 

185,970

 

 

 

 

 

 

 

 

 

185,970

 

Total cash equivalents

 

$

190,964

 

 

$

 

 

$

 

 

$

190,964

 

Short-term investments:

 

 

 

 

 

 

 

 

 

 

 

 

U.S. treasury securities

 

$

42,829

 

 

$

 

 

$

(82

)

 

$

42,747

 

Commercial paper

 

 

1,998

 

 

 

 

 

 

 

 

 

1,998

 

Total short-term investments

 

$

44,827

 

 

$

 

 

$

(82

)

 

$

44,745

 

Total cash equivalents and short-term investments

 

$

235,791

 

 

$

 

 

$

(82

)

 

$

235,709

 

 

 

 

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):

 

 

 

July 31, 2022

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

U.S. treasury securities

 

$

4,994

 

 

$

 

 

$

 

 

$

4,994

 

Commercial paper

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

 

185,970

 

 

 

 

 

 

 

 

 

185,970

 

Total cash equivalents

 

$

190,964

 

 

$

 

 

$

 

 

$

190,964

 

Short-term investments:

 

 

 

 

 

 

 

 

 

 

 

 

U.S. treasury securities

 

$

42,747

 

 

$

 

 

$

 

 

$

42,747

 

Commercial paper

 

 

 

 

 

1,998

 

 

 

 

 

 

1,998

 

Total short-term investments

 

$

42,747

 

 

$

1,998

 

 

$

 

 

$

44,745

 

Total cash equivalents and short-term investments

 

$

233,711

 

 

$

1,998

 

 

$

 

 

$

235,709

 

 

 

 

January 31, 2022

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

202,446

 

 

$

 

 

$

 

 

$

202,446