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Balance Sheet Components
6 Months Ended
Jul. 31, 2025
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, 2025January 31, 2025
Prepaid hosting and data costs$7,099 $20,761 
Prepaid software costs10,373 10,251 
Prepaid marketing3,064 2,869 
Capitalized commissions costs, current portion48,959 39,353 
Contract assets4,286 1,860 
Security deposits, short-term1,371 1,519 
Taxes recoverable3,489 2,467 
Restricted cash923 1,705 
Employee advances
4,921 3,345 
Other 6,227 852 
Prepaid expenses and other current assets$90,712 $84,982 
Depreciation and Amortization
Accumulated depreciation and amortization associated with fixed assets was $26.8 million and $24.8 million as of July 31, 2025 and January 31, 2025, respectively. Accumulated amortization associated with capitalized internal-use software was $49.7 million and $42.7 million as of July 31, 2025 and January 31, 2025, respectively.
Depreciation and amortization expense consisted of the following:
Three Months Ended July 31, Six Months Ended July 31,
(in thousands)2025202420252024
Depreciation and amortization expense$1,156 $1,501 $2,414 $3,106 
Amortization expense for capitalized internal-use software$3,512 $3,109 $6,934 $6,012 
The Company capitalized internal-use software costs, including stock-based compensation, of $5.1 million and $4.0 million for the three months ended July 31, 2025 and 2024, respectively, and $8.8 million and $7.5 million for the six months ended July 31, 2025 and 2024, respectively.
Accrued Expenses and Other Current Liabilities
Accrued expenses and other current liabilities consisted of the following:
(in thousands)July 31, 2025January 31, 2025
Bonuses$14,993 $20,463 
Commissions6,885 15,549 
Employee liabilities (1)
13,097 15,994 
Purchased media costs (2)
1,109 1,456 
Accrued restructuring costs (3)
1,426 — 
Accrued sales and use tax liability7,097 6,505 
Accrued income taxes7,763 10,309 
Accrued deferred contract credits628 896 
Vendor and travel costs payable1,336 1,334 
Professional services1,016 1,030 
Withholding taxes payable1,459 910 
Other5,401 4,839 
Accrued expenses and other current liabilities$62,210 $79,285 
(1) Includes $0.9 million and $1.0 million of accrued employee contributions under the Company’s 2021 Employee Stock Purchase Plan (“ESPP”) at July 31, 2025 and January 31, 2025, 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 February 2025, the Company implemented an approved plan for restructuring its global workforce by approximately 12% to help position the Company for long-term success by realigning employee costs with the current business and freeing up capital for incremental investments. Refer to Note 13, Restructuring Charges, for additional information.