XML 59 R32.htm IDEA: XBRL DOCUMENT v3.24.1
Business Acquisitions (Tables)
12 Months Ended
Jan. 31, 2024
Business Combination and Asset Acquisition [Abstract]  
Schedule of Total Purchase Consideration
The total purchase consideration for the acquisition of Re:infer was $44.6 million, consisting of the following:
Cash paid at closing$30,117 
Fair value of Class A common stock issued at closing (0.2 million shares)
2,965 
Loan note paid on first anniversary of closing (July 29, 2023)5,863 
Loan note to be paid on second anniversary of closing (included in accrued expenses and other current liabilities as of January 31, 2024)
5,570 
Working capital adjustment66 
Total$44,581 
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):
 July 29, 2022
Net tangible assets$300 
Intangible assets13,100 
Goodwill34,351 
Total assets acquired47,751 
Deferred tax liabilities assumed(3,170)
Total$44,581 
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$10,000 5.0
Customer relationships3,100 3.0
Total$13,100