Business Combinations (Tables)

12 Months Ended

Jan. 31, 2023

Business Combination and Asset Acquisition [Abstract]

Schedule of Business Acquisitions, by Acquisition

The acquisition date fair value of the purchase consideration was $650.8 million, which was comprised of the following (in thousands):

	Estimated Fair Value
Cash	$	211,839
Common stock(1)	438,916
Total	$	650,755

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(1)Approximately 1.9 million shares of the Company’s Class A common stock were included in the purchase consideration and the fair values of these shares were determined based on the closing market price of $229.13 per share on the acquisition date.

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The updated preliminary allocation of purchase consideration, inclusive of measurement period adjustments, was as follows:

	Estimated Fair Value (in thousands)		Estimated Useful Life (in years)
Cash and cash equivalents	$	33,914
Goodwill	494,411
Developer community intangible asset	150,000		5
Other net tangible liabilities	(659)
Deferred tax liabilities, net(1)	(26,911)
Total	$	650,755

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(1)Deferred tax liabilities, net primarily relates to the intangible asset acquired and the amount presented is net of deferred tax assets.

The updated preliminary allocation of purchase consideration, inclusive of measurement period adjustments, was as follows:

	Estimated Fair Value (in thousands)		Estimated Useful Life (in years)
Cash	$	61
Goodwill	146,444
Developed technology intangible asset	35,000		5
Other net tangible liabilities	(612)
Deferred tax liabilities, net(1)	(6,202)
Total	$	174,691

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(1)Deferred tax liabilities, net primarily relates to the intangible asset acquired and the amount presented is net of deferred tax assets.

Business Acquisition, Pro Forma Information

The following unaudited pro forma financial information summarizes the combined results of operations of the Company and the above three companies acquired during fiscal 2023, as if each had been acquired as of February 1, 2021 (in thousands):

	Pro Forma
	Fiscal Year Ended January 31,
	2023		2022
	(unaudited)
Revenue	$	2,067,262	$	1,221,461
Net loss	$	(866,099)	$	(817,848)