Financial Instruments

9 Months Ended

Oct. 31, 2021

Cash and Cash Equivalents [Abstract]

Financial Instruments

5. Financial Instruments

The Company has $65.0 million and $37.6 million in cash held in bank accounts as of October 31, 2021 and January 31, 2021, respectively. The Company's cash equivalents are invested in money market accounts of $759.7 million and $245.3 million as of October 31, 2021 and January 31, 2021, respectively. The Company's short-term investments are comprised of certificates of deposit from banks of $100 million as of October 31, 2021, have an original maturity of six months and are carried at amortized cost, which approximates their fair value.