v3.24.1.1.u2
Stock-Based Compensation (Tables)
 3 Months Ended
Apr. 30, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Option Activity
Stock option activity for the three months ended April 30, 2024 was as follows:
Number of
Shares		Weighted
Average
Exercise Price
Outstanding, January 31, 20241,212,704 $7.14 
Granted— — 
Expired or forfeited(1,000)14.71 
Exercised(199,300)8.03 
Outstanding, April 30, 20241,012,404 $6.96 
Exercisable, April 30, 20241,012,404 $6.96 
Fully vested or expected to vest, April 30, 20241,012,404 $6.96 
Schedule of Nonvested Restricted Stock Units Activity
RSU activity during the three months ended April 30, 2024 was as follows:
Number of
Shares		Weighted Average
Grant Date Fair
Value
Nonvested, January 31, 20245,626,125 $33.19 
Granted2,207,404 34.30 
Vested(456,288)51.56 
Forfeited(322,795)35.94 
Nonvested, April 30, 20247,054,446 $32.23 
Schedule of Share-Based Payment Award, Employee Stock Purchase Plan, Valuation Assumptions
The fair value of ESPP shares during the three months ended April 30, 2023 and 2024 was estimated at the date of grant using the Black-Scholes option valuation model based on assumptions as follows for ESPP awards:
Three Months Ended April 30,
20232024
Expected life (in years)0.500.50
Expected volatility
61.86%
38.70%
Expected dividends0.00%0.00%
Risk-free interest rate
4.77%
5.24%
Schedule of Share-Based Compensation Expense
Total stock-based compensation expense included in our unaudited condensed consolidated statements of operations were as follows:
Three Months Ended April 30,
20232024
Cost of subscription revenues$314 $562 
Cost of professional services and other revenues1,629 2,779 
Sales and marketing3,211 3,956 
Research and development3,000 4,226 
General and administrative2,711 4,682 
Total stock-based compensation expense$10,865 $16,205