Business Combinations (Tables)

12 Months Ended

Jan. 31, 2022

Schedule of Business Acquisitions, by Acquisition

The Acquisition-Date estimated fair value of the consideration transferred is as follows:


	Total Consideration
Cash consideration to members	$	286,086
Voting common stock issued (12,762,146 shares)1	647,509
Total consideration	$	933,595

1The Company assumed a restricted stock award with an estimated fair value of $1.4 million. $0.3 million was allocated to the purchase consideration and $1.1 million was allocated to future services and will be expensed over the service period remaining in fiscal 2023 on a straight-line basis.

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table summarizes the preliminary fair values of assets acquired and liabilities assumed as of the Acquisition Date:


	Fair Value
Cash and cash equivalents	$	17,038
Accounts receivable	6,100
Property and equipment, net	1,010
Operating lease right-of-use assets	3,549
Other current and noncurrent assets	4,641
Intangible assets	162,000
Goodwill	785,156
Accounts payable, accrued expenses, and other liabilities, current and noncurrent	(8,284)
Deferred revenue, current and noncurrent	(8,643)
Operating lease liabilities, current and noncurrent	(3,487)
Deferred income taxes	(25,485)
Net assets acquired	$	933,595

Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination

The following table sets forth the components of the preliminary fair value of identifiable intangible assets and their estimated useful lives over which the acquired intangible assets will be amortized on a straight-line basis, as this approximates the pattern in which economic benefits of the assets are consumed as of the Acquisition Date:


	Fair Value		Useful Life
Developed technology	$	77,500	5 years
Customer relationships	70,000		10 years
Trade name	14,500		6 years
Total intangible assets subject to amortization	$	162,000