v3.22.2.2
Investments and Fair Value Measurements (Tables)
9 Months Ended
Oct. 31, 2022
Fair Value Disclosures [Abstract]  
Schedule of Company's Fair Value Hierarchy for its Financial Assets and Liabilities that are Measured at Fair Value on a 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):
October 31, 2022January 31, 2022
Level 1Level 2Level 3TotalLevel 1Level 2Level 3Total
Assets
Cash equivalents (1)
Money market funds$95,581 $— $— $95,581 $300,027 $— $— $300,027 
Total assets$95,581 $— $— $95,581 $300,027 $— $— $300,027 
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(1)Included in “Cash and cash equivalents” on the condensed consolidated balance sheets.
Schedule of Changes in Strategic Investments The following summarizes the net carrying value of the strategic investments, which are Level 3 within the fair value hierarchy (in thousands):
October 31, 2022January 31, 2022
Total initial cost$36,814 $18,809 
Unrealized gains due to changes in fair value9,581 4,823 
Carrying value$46,395 $23,632