Intangible Assets and Goodwill

3 Months Ended

Apr. 30, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets, Net

Acquired intangible assets, net consisted of the following as of April 30, 2023 (dollars in thousands):


	Intangible Assets, Gross		Accumulated Amortization		Intangible Assets, Net		Weighted- Average Remaining Useful Life (in years)
Developed technology	$	28,946	$	(12,705)	$	16,241	3.3
Customer relationships	8,249		(4,289)		3,960		1.8
Trade names and trademarks	273		(243)		30		0.9
Other intangibles	1,231		(295)		936		7.5
Total	$	38,699	$	(17,532)	$	21,167

Acquired intangible assets, net consisted of the following as of January 31, 2023 (dollars in thousands):


	Intangible Assets, Gross		Accumulated Amortization		Intangible Assets, Net		Weighted- Average Remaining Useful Life (in years)
Developed technology	$	28,517	$	(11,095)	$	17,422	3.5
Customer relationships	8,174		(3,601)		4,573		2.0
Trade names and trademarks	272		(233)		39		1.2
Other intangibles	1,231		(255)		976		7.7
Total	$	38,194	$	(15,184)	$	23,010

We record amortization expense associated with acquired developed technology in cost of licenses revenue and cost of subscription services revenue, trade names and trademarks in sales and marketing expense, customer relationships in sales and marketing expense, and other intangibles in general and administrative expense in the condensed consolidated statements of operations. Amortization of acquired intangible assets for the three months ended April 30, 2023 and 2022 was $2.1 million and $1.4 million, respectively.

Expected future amortization expense related to intangible assets was as follows as of April 30, 2023 (in thousands):


	Amount
Remainder of year ending January 31, 2024	$	6,502
Year ending January 31,
2025	6,692
2026	4,084
2027	2,432
2028	1,155
Thereafter	302
Total	$	21,167

Goodwill

Changes in the carrying amount of goodwill during the three months ended April 30, 2023 were as follows (in thousands):


	Carrying Amount
Balance as of January 31, 2023	$	88,010

Effect of foreign currency translation	1,197
Balance as of April 30, 2023	$	89,207