Balance Sheet Components

9 Months Ended

Oct. 31, 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):

	October 31, 2022		January 31, 2022
Prepaid hosting and data costs	$	16,923	$	46,513
Prepaid software costs	6,304		5,765
Capitalized commissions costs, current portion	39,996		40,695
Prepaid insurance	2,828		2,118
Contract assets	3,723		3,161
Other	10,783		10,915
Prepaid expenses and other current assets	$	80,557	$	109,167

Property and Equipment, Net

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

	October 31, 2022		January 31, 2022
Computer equipment	$	15,787	$	13,544
Office furniture and other	1,951		1,256
Leasehold improvements	4,146		3,930
Less accumulated depreciation and amortization	(15,162)		(12,433)
Total fixed assets, net	6,722		6,297
Capitalized internal-use software	32,696		23,065
Less accumulated amortization	(18,739)		(14,657)
Total capitalized internal-use software	13,957		8,408
Property and equipment, net	$	20,679	$	14,705

Depreciation and amortization expense consisted of the following (in thousands):

	Three Months Ended October 31,		Nine Months Ended October 31,
	2022	2021	2022	2021
Depreciation and amortization expense	1,634	1,198	4,646	2,994
Amortization expense for capitalized internal-use software	1,591	876	4,081	2,367

The Company capitalized internal-use software costs, including stock-based compensation, of $3.7 million and $1.9 million in the three months ended October 31, 2022 and 2021, respectively, and $9.6 million and $4.6 million in the nine months ended October 31, 2022 and 2021, respectively.

Accrued Expenses and Other Current Liabilities

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

	October 31, 2022		January 31, 2022
Bonuses	$	16,686	$	22,622
Commissions	14,886		16,496
Employee liabilities (1)	21,548		21,668
Accrued litigation settlement (2)	—		12,000
Purchased media costs (3)	3,181		3,227
Accrued sales and use tax liability	6,324		6,935
Accrued income taxes	5,003		2,559
Professional services	1,270		1,062
Other	19,471		13,651
	$	88,369	$	100,220

(1) Includes $3.8 million and $2.3 million of accrued employee contributions under the Company's 2021 Employee Stock Purchase Plan (“ESPP”) at October 31, 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.