Financial Instruments (Tables)

9 Months Ended

Oct. 31, 2024

The following table summarizes the Company’s cash and available-for-sale marketable securities’ amortized cost, gross unrealized gains, gross unrealized losses, and estimated fair value by significant investment category reported as cash and cash equivalents or short-term investments (in thousands):


									Reported as
October 31, 2024	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value		Cash and Cash Equivalents		Short-Term Investments
Cash:	$	52,767	$	—	$	—	$	52,767	$	52,767	$	—
Level 1:
Money market funds	36,217		—		—		36,217		36,217		—
U.S. Treasuries	267,712		526		(82)		268,156		—		268,156
Subtotal	303,929		526		(82)		304,373		36,217		268,156
Level 2:
Commercial paper	118,427		39		(3)		118,463		14,912		103,551
Corporate bonds	148,187		247		(108)		148,326		—		148,326
U.S. government agencies	8,041		7		—		8,048		—		8,048
Subtotal	274,655		293		(111)		274,837		14,912		259,925
Total	$	631,351	$	819	$	(193)	$	631,977	$	103,896	$	528,081


									Reported as
January 31, 2024	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value		Cash and Cash Equivalents		Short-Term Investments
Cash:	$	72,420	$	—	$	—	$	72,420	$	72,420	$	—
Level 1:
Money market funds	47,696		—		—		47,696		47,696		—
U.S. Treasuries	86,429		70		(13)		86,486		—		86,486
Subtotal	134,125		70		(13)		134,182		47,696		86,486
Level 2:
Commercial paper	33,019		3		(3)		33,019		9,915		23,104
Corporate bonds	17,883		30		(3)		17,910		—		17,910
U.S. government agencies	21,703		27		(10)		21,720		—		21,720
Subtotal	72,605		60		(16)		72,649		9,915		62,734
Total	$	279,150	$	130	$	(29)	$	279,251	$	130,031	$	149,220

Investments Classified by Contractual Maturity Date

The following table summarizes the estimated fair value of the Company’s investments by their remaining contractual maturity dates (in thousands):


	October 31, 2024
Due within one year	$	451,938
Due between one to two years	76,143
Total	$	528,081