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Fair Value of Financial Instruments (Tables)
9 Months Ended
Oct. 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):

 

 

 

October 31, 2022

 

 

 

Amortized Cost

 

 

Unrealized Gain

 

 

Unrealized Loss

 

 

Estimated Fair Value

 

Cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

 

176,831

 

 

 

 

 

 

 

 

 

176,831

 

Total cash equivalents

 

$

176,831

 

 

$

 

 

$

 

 

$

176,831

 

Short-term investments:

 

 

 

 

 

 

 

 

 

 

 

 

U.S. treasury securities

 

$

44,652

 

 

$

 

 

$

(85

)

 

$

44,567

 

Total short-term investments

 

$

44,652

 

 

$

 

 

$

(85

)

 

$

44,567

 

Total cash equivalents and short-term investments

 

$

221,483

 

 

$

 

 

$

(85

)

 

$

221,398

 

 

 

 

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):

 

 

 

October 31, 2022

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

 

176,831

 

 

 

 

 

 

 

 

 

176,831

 

Total cash equivalents

 

$

176,831

 

 

$

 

 

$

 

 

$

176,831

 

Short-term investments:

 

 

 

 

 

 

 

 

 

 

 

 

U.S. treasury securities

 

$

44,567

 

 

$

 

 

$

 

 

$

44,567

 

Total short-term investments

 

$

44,567

 

 

$

 

 

$

 

 

$

44,567

 

Total cash equivalents and short-term investments

 

$

221,398

 

 

$

 

 

$

 

 

$

221,398

 

 

 

 

 

January 31, 2022

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

202,446

 

 

$

 

 

$

 

 

$

202,446