Balance Sheet Components

9 Months Ended

Oct. 31, 2021

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Balance Sheet Components

Balance Sheet Components

Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consisted of the following (in thousands):

	October 31, 2021		January 31, 2021
Prepaid hosting and data costs	$	35,881	$	58,386
Prepaid software costs	2,688		3,771
Capitalized commissions costs, current portion	26,044		24,294
Prepaid insurance	3,495		289
Contract assets	2,628		824
Other	26,071		8,255
Prepaid expenses and other current assets	$	96,807	$	95,819

Property and Equipment, Net

Property and equipment, net consisted of the following (in thousands):

	October 31, 2021		January 31, 2021
Computer equipment	$	12,658	$	7,921
Office furniture and other	1,222		1,193
Leasehold improvements	3,664		3,500
Less accumulated depreciation and amortization	(11,235)		(8,598)
Total fixed assets, net	6,309		4,016
Capitalized internal-use software	20,725		16,224
Less accumulated amortization	(13,593)		(11,229)
Total capitalized internal-use software	7,132		4,995
Property and equipment, net	$	13,441	$	9,011

Depreciation and amortization expense for property and equipment was $1.2 million and $0.7 million in the three months ended October 31, 2021 and 2020, respectively, and $3.0 million and $1.8 million in the nine months ended October 31, 2021 and 2020, respectively.

Amortization expense for capitalized internal-use software was $0.9 million and $0.6 million in the three months ended October 31, 2021 and 2020, respectively, and $2.4 million and $1.9 million in the nine months ended October 31, 2021 and 2020, respectively.

The Company capitalized internal-use software costs, including stock-based compensation, of $1.9 million and $1.0 million in the three months ended October 31, 2021 and 2020, respectively, and $4.6 million and $2.5 million in the nine months ended October 31, 2021 and 2020, respectively.

Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities consisted of the following (in thousands):

	October 31, 2021		January 31, 2021
Bonuses	$	15,320	$	17,783
Commissions	11,895		13,346
Employee liabilities (1)	23,691		15,040
Purchased media costs (2)	4,559		2,695
Accrued sales and use tax liability	5,722		5,667
Accrued income taxes	3,354		677
Professional services	2,012		1,603
Other	11,681		6,359
	$	78,234	$	63,170

(1) Includes $5.7 million of accrued ESPP employee contributions at October 31, 2021. Refer to Note 11, Stock-based Compensation, for further discussion of the Company’s ESPP.

(2) Purchased media costs consist of amounts owed to the Company’s vendors for the purchase of advertising space on behalf of its customers.