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Stock-Based Compensation (Tables)
3 Months Ended
Apr. 30, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Option Activity
A summary of the Company’s stock option activity for the three months ended April 30, 2024 is as follows:
Number of Stock Options
Weighted Average Exercise Price
Weighted Average Remaining Contractual Life
(in thousands)(in years)
Outstanding as of January 31, 2024
23,267 $6.66 5.9
Exercised (1,772)5.46 
Forfeited
(274)10.61 
Outstanding as of April 30, 2024
21,221 $6.71 5.7
Exercisable as of April 30, 2024
18,635 $6.08 5.5
Vested and expected to vest as of April 30, 2024
20,994 $6.68 5.7
Schedule of RSU Award Activity
A summary of the Company’s RSU activity for the three months ended April 30, 2024 is as follows:
Number of Restricted Stock Units
Weighted Average Grant Date Fair Value
(in thousands)
Outstanding as of January 31, 2024
9,259 $12.61 
Granted4,872 12.34 
Released (1,417)12.66 
Forfeited
(1,236)11.99 
Outstanding as of April 30, 2024
11,478 $12.55 
Schedule of Stock-based Compensation Expense
Stock-based compensation expense included in operating results was allocated as follows:
Three Months Ended April 30,
(in thousands)20242023
Costs of subscription $283 $300 
Costs of professional services317 403 
Research and development2,574 3,067 
Sales and marketing5,604 5,955 
General and administrative5,077 3,585 
Stock-based compensation, net of amounts capitalized13,855 13,310 
Capitalized stock-based compensation551 670 
Total stock-based compensation$14,406 $13,980