Intangible Assets and Goodwill

9 Months Ended

Oct. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets, Net

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


	Intangible Assets, Gross		Accumulated Amortization		Intangible Assets, Net		Weighted-Average Remaining Useful Life (in years)
Developed technology	$	28,241	$	(15,206)	$	13,035	3.0
Customer relationships	8,135		(5,577)		2,558		1.4
Trade names and trademarks	271		(257)		14		0.4
Other intangibles	1,231		(378)		853		7.2
Total	$	37,878	$	(21,418)	$	16,460

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 October 31, 2023 and 2022 was $2.1 million and $2.1 million, respectively, and for the nine months ended October 31, 2023 and 2022 was $6.4 million and $4.8 million, respectively.

Expected future amortization expense related to intangible assets was as follows as of October 31, 2023 (in thousands):


	Amount
Remainder of year ending January 31, 2024	$	2,123
Year ending January 31,
2025	6,538
2026	4,004
2027	2,369
2028	1,123
Thereafter	303
Total	$	16,460

Goodwill

Changes in the carrying amount of goodwill during the nine months ended October 31, 2023 were as follows (in thousands):


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

Effect of foreign currency translation	(717)
Balance as of October 31, 2023	$	87,293