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ACQUISITIONS (Tables)
12 Months Ended
Jan. 31, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The acquisitions completed during fiscal 2026 were accounted for as business combinations, and the purchase prices were allocated to the assets acquired and liabilities assumed based on their respective fair values as of the acquisition dates, inclusive of measurement period adjustments recorded during the period, as presented below (in thousands). The purchase price allocations are preliminary and subject to change as we complete the valuation of certain assets acquired and liabilities assumed.
Observo
Prompt
Total
Consideration:
Cash$130,197 $133,614 $263,811 
Common stock
53,590 17,196 70,786 
Assumed options— 854 854 
Holdback subject to indemnification claims1,458 8,559 10,017 
Fair value of total consideration transferred$185,245 $160,223 $345,468 
— 
Goodwill$151,763 $131,271 $283,034 
Intangible assets33,500 21,600 55,100 
Net assets (liabilities) assumed
(18)7,352 7,334 
Total identifiable net assets and liabilities$185,245 $160,223 $345,468 
The following table presents the allocation of purchase consideration recorded on our consolidated balance sheet as of the acquisition date (in thousands):
Amount
Consideration:
Cash$56,789 
Common stock (2,354,607 shares)(1)
23,570 
Assumed options169 
Holdback subject to indemnification claims2,452 
Fair value of total consideration transferred$82,980 
Cash and cash equivalents$2,003 
Accounts receivable542 
Prepaid expenses and other current assets331 
Intangible assets11,300 
Accrued payroll and benefits(2)
Accrued liabilities(590)
Deferred revenue(671)
Other long-term liabilities(2,820)
Total identifiable net assets and liabilities10,093 
Goodwill72,887 
Total purchase consideration$82,980 
(1) Consideration calculated using the fair value of our Class A common stock. The fair value of the 2,354,607 shares of Class A common stock issued as part of the consideration paid for PingSafe was determined on the basis of the closing market price of our Class A common stock on the acquisition date.
Schedule of Indefinite-Lived Intangible Assets
The following table presents the preliminary details of the identified intangible assets acquired (in thousands, except years):
Fair ValueUseful LifeAmortization classification
(in thousands)(in years)
Observo
Developed technology$30,000 5
Cost of revenue
Customer relationships
3,500 9
Sales and marketing
Total Observo intangible assets acquired
$33,500 
Prompt
Developed technology$20,000 2
Cost of revenue
Customer relationships
1,600 2
Sales and marketing
Total Prompt intangible assets acquired
$21,600 
Total intangible assets acquired
$55,100 
The following table sets forth the amounts allocated to the intangible assets identified as of the date of acquisition, their estimated useful lives, and the amortization classification in the consolidated statements of operations:
Fair ValueUseful Life
Amortization classification
(in thousands)(in years)
Customer relationships$2,700 7
Sales and marketing
Developed technology8,600 5
Cost of revenue
Total intangible assets acquired$11,300 
Intangible assets, net as of January 31, 2026 and 2025 consisted of the following (in thousands):
As of January 31,
20262025
Developed technology$137,700 $87,700 
Customer relationships
90,100 85,000 
Backlog11,100 11,100 
Non-compete agreements650 650 
Trademarks150 150 
Patents5,376 5,177 
Total finite-lived intangible assets245,076 189,777 
Less: accumulated amortization(115,783)(82,877)
Total finite-lived intangible assets, net$129,293 $106,900 
Indefinite-lived intangible assets - domain names255 255 
Total intangible assets, net$129,548 $107,155