v3.22.0.1
Investments and Fair Value Measurements (Tables)
 12 Months Ended
Jan. 31, 2022
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
The Company’s fair value hierarchy for its financial assets and liabilities that are measured at fair value on a recurring basis are as follows (in thousands):
January 31, 2022January 31, 2021
Level 1Level 2Level 3TotalLevel 1Level 2Level 3Total
Assets
Cash equivalents(1)
Money market funds$300,027 $— $— $300,027 $— $— $— $— 
Total assets$300,027 $— $— $300,027 $— $— $— $— 
______________________________
(1)Included in “Cash and cash equivalents” on the consolidated balance sheets.
Schedule of Strategic Investments The following summarizes the changes in strategic investments, which are Level 3 within the fair value hierarchy (in thousands):
Year Ended January 31
20222021
Total initial cost$18,809 $2,500 
Unrealized gains due to changes in fair value4,823 — 
Carrying value$23,632 $2,500 
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
The following summarizes the changes in the redeemable convertible preferred stock warrant liability, which is classified as a Level 3 instrument:
Year Ended January 31
202220212020
Balance at beginning of period$— $— $4,537 
Adjustment resulting from change in fair value recognized in the consolidated statement of operations— — 6,022 
Reclassification of redeemable convertible preferred stock warrant liability to additional paid-in capital upon IPO— — (10,559)
Balance at end of period$— $— $—