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Balance Sheet Components
 6 Months Ended
Jul. 31, 2024
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)July 31, 2024January 31, 2024
Prepaid hosting and data costs$16,457 $1,673 
Prepaid software costs10,174 4,854 
Prepaid marketing1,735 1,208 
Capitalized commissions costs, current portion37,863 42,486 
Contract assets3,655 4,326 
Security deposits, short-term1,838 1,923 
Taxes recoverable2,922 3,561 
Restricted cash362 1,494 
Employee advances
2,563 2,614 
Other 6,589 6,551 
Prepaid expenses and other current assets$84,158 $70,690 
Depreciation and Amortization Expense
Depreciation and amortization expense consisted of the following:
Three Months Ended July 31, Six Months Ended July 31,
(in thousands)2024202320242023
Depreciation and amortization expense$1,501 $1,548 $3,106 $3,039 
Amortization expense for capitalized internal-use software$3,109 $2,262 $6,012 $4,290 
The Company capitalized internal-use software costs, including stock-based compensation, of $4.0 million and $3.9 million for the three months ended July 31, 2024 and 2023, respectively, and $7.5 million and $7.3 million for the six months ended July 31, 2024 and 2023, respectively.
Accrued Expenses and Other Current Liabilities
Accrued expenses and other current liabilities consisted of the following:
(in thousands)July 31, 2024January 31, 2024
Bonuses$10,919 $23,314 
Commissions7,825 18,502 
Employee liabilities (1)
15,796 19,019 
Purchased media costs (2)
2,062 1,683 
Accrued restructuring costs (3)
2,030 — 
Accrued sales and use tax liability6,750 8,522 
Accrued income taxes8,040 4,529 
Accrued deferred contract credits1,343 2,204 
Vendor and travel costs payable3,130 4,160 
Professional services1,263 1,142 
Asset retirement obligation267 400 
Withholding taxes payable1,296 944 
Other3,650 8,768 
Accrued expenses and other current liabilities$64,371 $93,187 
(1) Includes $1.0 million and $1.4 million of accrued employee contributions under the Company’s 2021 Employee Stock Purchase Plan (“ESPP”) at July 31, 2024 and January 31, 2024, respectively.
(2) Purchased media costs consist of amounts owed to the Company’s vendors for the purchase of advertising space on behalf of its customers.
(3) In May 2024, the Company implemented an approved plan for restructuring its global workforce by approximately 3% to reduce operating costs and better align its workforce with the needs of its business. Refer to Note 13, Restructuring Charges, for additional information.