Balance Sheet Components

3 Months Ended

Apr. 30, 2022

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):

	April 30, 2022		January 31, 2022
Prepaid hosting and data costs	$	41,758	$	46,513
Prepaid software costs	6,667		5,765
Capitalized commissions costs, current portion	39,871		40,695
Prepaid insurance	770		2,118
Contract assets	3,591		3,161
Other	12,731		10,915
Prepaid expenses and other current assets	$	105,388	$	109,167

Property and Equipment, Net

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

	April 30, 2022		January 31, 2022
Computer equipment	$	13,628	$	13,544
Office furniture and other	1,255		1,256
Leasehold improvements	3,799		3,930
Less accumulated depreciation and amortization	(12,908)		(12,433)
Total fixed assets, net	5,773		6,297
Capitalized internal-use software	25,551		23,065
Less accumulated amortization	(15,821)		(14,657)
Total capitalized internal-use software	9,730		8,408
Property and equipment, net	$	15,503	$	14,705

Depreciation and amortization expense for property and equipment was $1.2 million and $0.8 million in the three months ended April 30, 2022 and 2021, respectively.

Amortization expense for capitalized internal-use software was $1.1 million and $0.7 million in the three months ended April 30, 2022 and 2021, respectively.

The Company capitalized internal-use software costs, including stock-based compensation, of $2.5 million and $1.0 million in the three months ended April 30, 2022 and 2021, respectively.

Accrued Expenses and Other Current Liabilities

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

	April 30, 2022		January 31, 2022
Bonuses	$	6,740	$	22,622
Commissions	8,382		16,496
Employee liabilities (1)	26,612		21,668
Accrued litigation settlement (2)	—		12,000
Purchased media costs (3)	2,934		3,227
Accrued sales and use tax liability	5,984		6,935
Accrued income taxes	4,064		2,559
Professional services	1,424		1,062
Other	20,097		13,651
	$	76,237	$	100,220

(1) Includes $5.3 million and $2.3 million of accrued employee contributions under the Company's 2021 Employee Stock Purchase Plan (“ESPP”) at April 30, 2022 and January 31, 2022, respectively.

(2) On February 25, 2022, the Company and Opal Labs Inc. (“Opal”) agreed to settle all outstanding claims with respect to Opal's complaints alleging breach of contract and violation of Oregon's Uniform Trade Secrets Acts, among other claims.

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