Business Acquisition (Tables)

3 Months Ended

Apr. 30, 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 stock	30,467
Total	$	36,127

Schedule of Fair Values of Assets Acquired and Liabilities Assumed

The following table summarizes the final allocation of the purchase price to assets acquired and liabilities assumed as of the acquisition date (in thousands):

	March 19, 2021
Cash	$	162
Accounts receivable	743
Other assets	1,996
Intangible assets	11,200
Goodwill	27,686
Total assets acquired	41,787
Total liabilities assumed	(5,660)
Total	$	36,127

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 relationships	4,500		3.0
Trade name	100		3.0
Total	$	11,200