Intangible Assets and Goodwill

3 Months Ended

Apr. 30, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets, Net

Acquired intangible assets, net consisted of the following as of April 30, 2024 (dollars in thousands):


	Intangible Assets, Gross		Accumulated Amortization		Intangible Assets, Net		Weighted-Average Remaining Useful Life (years)
Developed technology	$	28,572	$	(18,166)	$	10,406	2.6
Customer relationships	8,228		(6,829)		1,399		1.2
Trade names and trademarks	271		(271)		—		0.0
Other intangibles	1,231		(459)		772		6.9
Total	$	38,302	$	(25,725)	$	12,577

Acquired intangible assets, net consisted of the following as of January 31, 2024 (dollars in thousands):


	Intangible Assets, Gross		Accumulated Amortization		Intangible Assets, Net		Weighted-Average Remaining Useful Life (years)
Developed technology	$	28,807	$	(16,881)	$	11,926	2.8
Customer relationships	8,266		(6,306)		1,960		1.3
Trade names and trademarks	272		(266)		6		0.2
Other intangibles	1,231		(419)		812		7.0
Total	$	38,576	$	(23,872)	$	14,704

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, 2024 and 2023 was $2.0 million and $2.1 million, respectively.

Expected future amortization expense related to intangible assets was as follows as of April 30, 2024 (in thousands):


	Amount
Remainder of year ending January 31, 2025	$	4,615
Year ending January 31,
2026	4,079
2027	2,428
2028	1,153
2029	101
Thereafter	201
Total	$	12,577

Goodwill

Changes in the carrying amount of goodwill during the three months ended April 30, 2024 were as follows (in thousands):


	Carrying Amount
Balance as of January 31, 2024	$	89,026

Effect of foreign currency translation	(642)
Balance as of April 30, 2024	$	88,384