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Business Acquisitions (Tables)
12 Months Ended
Jan. 31, 2022
Business Combination and Asset Acquisition [Abstract]  
Schedule of Total Purchase Consideration
The total purchase consideration for the acquisition of Cloud Elements was $36.1 million, which consisted of the following (in thousands):
Amount
Cash$5,660 
Fair value of common stock30,467 
Total$36,127 
Schedule of Fair Values of Assets Acquired and Liabilities Assumed
The following table summarizes the fair values of the assets acquired and liabilities assumed as of the acquisition date (in thousands):
 March 19, 2021
Cash$162 
Accounts receivable743 
Other assets1,996 
Intangible assets11,200 
Goodwill27,686 
Total assets acquired41,787 
Total liabilities assumed(5,660)
Total$36,127 
The following table summarizes the allocation of the purchase price (in thousands):
Amount
Intangible assets$11,475 
Goodwill23,986 
Other assets2,286 
Total assets acquired37,747 
Liabilities assumed(2,559)
Total$35,188 
Schedule of Identifiable Intangible Assets Acquired and Their Estimated Useful Lives
The following table sets forth the identifiable intangible assets acquired and their estimated useful lives as of the date of acquisition:
Fair Value
(in thousands)
Estimated Useful Life
(in years)
Developed technology$6,600 5.0
Customer relationships4,500 3.0
Trade name100 3.0
Total$11,200 
The following table sets forth the identifiable intangible assets acquired and their estimated useful lives as of the date of acquisition:
Fair Value
(in thousands)
Estimated Useful Life
(in years)
Developed technology$10,910 5.0
Customer relationships499 5.0
Trade names and trademarks66 3.0
Total$11,475