Supplemental Financial Statement Information

6 Months Ended

Jul. 31, 2023

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Supplemental Financial Statement Information

6. Supplemental Financial Statement Information

Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consisted of the following (in thousands):

	July 31, 2023		January 31, 2023
Prepaid software subscriptions	$	6,748	$	7,771
Prepaid taxes	3,955		592
Prepaid expenses for the Company’s events	1,030		1,885
Prepaid insurance	1,003		3,199
Prepaid advertising costs	532		367
Other prepaid expenses	3,459		1,915
Restricted cash(1)	—		2,500
Interest receivable	2,913		2,310
Revenue contract asset	2,473		1,532
Security and other deposits	1,290		510
Other current assets	2,650		1,746
Total prepaid expense and other current assets	$	26,053	$	24,327

(1) Refer to “Note 7. Business Combination”.

Property and Equipment, Net

Property and equipment, net of the following (in thousands):

	July 31, 2023		January 31, 2023
Computer and office equipment	$	9,140	$	8,581
Leasehold improvements	1,148		1,208
	10,288		9,789
Less: Accumulated depreciation(1)	(6,208)		(3,992)
Total property and equipment, net(1)	$	4,080	$	5,797

(1) The amounts in the table above include cumulative foreign currency translation adjustments, reflecting movement in the currencies of the underlying property and equipment.

Depreciation expense of property and equipment was $1.1 million and $2.2 million for the three and six months ended July 31, 2023, respectively. Depreciation expense of property and equipment was $0.7 million and $1.3 million for the three and six months ended July 31, 2022, respectively.

Other Long-Term Assets

Other long-term assets consisted of the following (in thousands):

	July 31, 2023		January 31, 2023
Security and other deposits	$	3,377	$	3,172
Deferred software implementation costs	395		594
Vendor receivables	1,026		132
Other long-term assets	62		189
Total other long-term assets	$	4,860	$	4,087

Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities consisted of the following (in thousands):

	July 31, 2023		January 31, 2023
Accrued expenses	$	11,547	$	10,686
Customer refunds payable	3,471		3,465
Income taxes payable	3,455		859
Indirect taxes payable	2,487		4,498
ESPP employee contributions	2,176		2,967
Operating lease liabilities, current	617		716
Acquisition related consideration withheld in escrow (1)	—		2,500
Other current liabilities	890		263
Total accrued expenses and other current liabilities	$	24,643	$	25,954

(1) Refer to “Note 7. Business Combination”.

Accrued Compensation and Benefits

Accrued compensation and benefits consisted of the following (in thousands):

	July 31, 2023		January 31, 2023
Payroll taxes payable	$	5,778	$	3,013
Accrued commissions	5,067		8,512
Restructuring accrual and related charges (1)	155		—
Other accrued team member related payables	12,504		9,251
Total accrued compensation and benefits	$	23,504	$	20,776

(1) Refer to “Note 11. Restructuring and Other Related Charges”.

Other Non-Current Liabilities

Other non-current liabilities consisted of the following (in thousands):

	July 31, 2023		January 31, 2023
Acquisition related contingent cash consideration (1)	$	3,525	$	3,443
Provision towards labor matters (2)	2,586		2,504
Deferred tax liabilities	758		849
Long term taxes payable	2,792		647
Early exercised options liability	835		1,800
Operating lease liabilities, non-current	138		413
Other non-current liabilities	140		168
Total other non-current liabilities	$	10,774	$	9,824

(1) Refer to “Note 7. Business Combination”.

(2) Refer to “Note 15. Commitments and Contingencies”.

Other Income (Expense), Net

Other income, net consisted of the following (in thousands):

	Three Months Ended July 31,				Six Months Ended July 31,
	2023		2022		2023		2022
Gain from deconsolidation of Meltano Inc. (1)	$	—	$	—	$	—	$	17,798
Foreign exchange gains (losses), net	(1,268)		1,646		(994)		2,506
Other expenses, net	(62)		(146)		(83)		(356)
Total other income (expense), net	$	(1,330)	$	1,500	$	(1,077)	$	19,948

(1) Refer to “Note 12. Joint Venture and Equity Method Investment”.