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INTANGIBLE ASSETS AND GOODWILL
12 Months Ended
Jan. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS AND GOODWILL INTANGIBLE ASSETS AND GOODWILL
Acquisition-related intangible assets consisted of the following as of January 31, 2024 and 2023:

 January 31, 2024
(in thousands)CostAccumulated
Amortization
Net
Intangible assets with finite lives:   
Acquired technology$53,118 $(53,118)$— 
Customer relationships1,451 (1,193)258 
Distribution network2,000 (2,000)— 
Total intangible assets$56,569 $(56,311)$258 

 January 31, 2023
(in thousands)CostAccumulated
Amortization
Net
Intangible assets with finite lives:   
Acquired technology$61,058 $(61,058)$— 
Customer relationships3,550 (3,002)549 
Trade names805 (704)101 
Distribution network2,000 (2,000)— 
Total intangible assets$67,413 $(66,764)$650 

Total amortization expense recorded for acquisition-related intangible assets was $0.4 million, $1.4 million and $2.1 million for the years ended January 31, 2024, 2023, and 2022, respectively.

Estimated future amortization expense on finite-lived acquisition-related intangible assets is as follows:
(in thousands) 
Years Ending January 31,Amount
2025$258 
Total$258 

No impairments of acquired intangible assets were recorded during the year ended January 31, 2024. We wrote-off fully amortized intangibles in the amount of $10.9 million during the year ended January 31, 2024. We recorded $0.7 million of impairments for certain acquired technology assets for the year ended January 31, 2023. These impairments are reflected in both software cost of revenue and selling, general and administrative expenses of $0.6 million and $0.1 million, respectively. No impairments of acquired intangible assets were recorded during the year ended January 31, 2022.

The change in the net carrying amount of goodwill activity for the years ended January 31, 2024 and 2023 was as follows:
 
(in thousands)Amount
Goodwill at January 31, 2022$158,233 
Foreign currency translation119 
Business divestiture(31,865)
Goodwill at January 31, 2023$126,487 
Foreign currency translation76 
Goodwill at January 31, 2024$126,563 

During the year ended January 31, 2023, the Company divested a portion of its business, as described in Note 7. As a result, the Company allocated a portion of its total goodwill to the divested business, based on the relative fair value associated with the divested business, in the amount of $31.9 million.

No goodwill impairment was identified for the years ended January 31, 2024, 2023 and 2022.