Balance Sheet Components

6 Months Ended

Jul. 31, 2019

Balance Sheet Components

Balance Sheet Components

4.  Balance Sheet Components

Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consisted of the following:

	July 31,		January 31,
	2019		2019
	(in thousands)
Prepaid expenses	$	22,671	$	14,390
Prepaid hosting services		4,280		2,915
Other current assets		2,397		1,105
Prepaid expenses and other current assets	$	29,348	$	18,410

Property and Equipment, Net

Property and equipment, net consisted of the following:

	July 31,		January 31,
	2019		2019
	(in thousands)
Data center and other computer equipment	$	55,980	$	44,735
Capitalized internal-use software		25,764		22,209
Leasehold improvements		9,916		10,011
Purchased software		1,757		1,460
Furniture and equipment		3,417		2,553
Construction in process		47,991		19,455
		144,825		100,423
Less: Accumulated depreciation and amortization		(36,836)		(26,688)
Property and equipment, net	$	107,989	$	73,735

Construction in process mainly includes data center equipment purchased that has not yet been placed in service. As of July 31, 2019, $47.0 million of data center equipment was purchased but not yet been placed into service.

Depreciation and amortization expense of property and equipment was $5.3 million and $3.4 million during the three months ended July 31, 2019 and July 31, 2018, respectively, and $10.2 million and $6.4 million during the six months ended July 31, 2019 and July 31, 2018, respectively.

Intangible Assets, Net

Total intangible assets, net consisted of the following:

					Weighted-Average
	July 31,		January 31,		Remaining Useful
	2019		2019		Life
	(in thousands)				(in months)
Developed technology	$	1,246	$	1,269	15
Customer relationships		613		632	39
Non-compete agreement		123		126	15
		1,982		2,027
Less: Accumulated amortization		(1,244)		(979)
Intangible assets, net	$	738	$	1,048

Amortization of developed technology, customer relationships, and non-compete agreement are recorded within cost of revenue, sales and marketing expense, and research and development expense, respectively, in the condensed consolidated statements of operations. Amortization expense of intangible assets was $0.1 million and $0.2 million during the three months ended July 31, 2019 and July 31, 2018, respectively, and $0.3 million and $0.4 million during the six months ended July 31, 2019 and July 31, 2018, respectively.

The estimated aggregate future amortization expense of intangible assets as of July 31, 2019 is as follows:

	Total
	(in thousands)
Fiscal 2020 (remaining six months)	$	206
Fiscal 2021		324
Fiscal 2022		123
Fiscal 2023		85
Fiscal 2024		—
Total amortization expense	$	738

The developed technology, customer relationships, and non-compete agreement assets are being amortized over 3 years, 5 years, and 3 years, respectively.

Accrued Expenses

Accrued expenses consisted of the following:

	July 31,		January 31,
	2019		2019
	(in thousands)
Web hosting services	$	7,478	$	12,224
Accrued purchases of property and equipment		10,701		7,042
Other vendor expenses		12,707		12,326
Amounts due for employee expenses		1,682		949
Accrued expenses	$	32,568	$	32,541

Accrued Payroll and Benefits

Accrued payroll and benefits consisted of the following:

	July 31,		January 31,
	2019		2019
	(in thousands)
Accrued payroll and related expenses	$	5,686	$	4,326
Accrued bonuses		5,433		5,459
Accrued commissions		8,938		9,499
Accrued payroll and benefits	$	20,057	$	19,284