Consolidated Balance Sheet Components

12 Months Ended

Jan. 31, 2023


9			Consolidated Balance Sheet Components

Prepaid Expenses and Other Current Assets

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


	As of January 31,
	2023		2022
Prepaid expenses and service credits (1)	$	67,794	$	45,341
Other current assets (1)	26,356		10,075
Prepaid expenses and other current assets	$	94,150	$	55,416
(1) Prior period amounts have been combined to conform to current presentation

Property and Equipment, Net

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


	As of January 31,
	2023		2022
Computers and equipment	$	28,450	$	22,478
Leasehold improvements	19,622		9,338
Furniture and fixtures	6,485		4,875
Construction in progress	2,419		2,552
Property and equipment, gross	56,976		39,243
Less: accumulated depreciation	(27,931)		(22,067)
Property and equipment, net	$	29,045	$	17,176

Depreciation expense was $8.6 million, $6.8 million, and $8.4 million for fiscal years 2023, 2022, and 2021, respectively.

Accrued Expenses and Other Current Liabilities

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


	As of January 31,
	2023		2022
Accrued expenses	$	19,411	$	21,736
Withholding tax from employee equity transactions	3,772		16,618
Employee stock purchase plan withholdings	3,365		4,302
Payroll taxes and other benefits payable	7,644		7,016
Income tax payable	8,750		18,210
Value-added taxes payable	6,381		9,327
Operating lease liabilities, current	6,997		1,552
Deferred consideration for business acquisition, current	5,863		—
Other	14,462		9,197
Accrued expenses and other current liabilities	$	76,645	$	87,958