| Schedule of Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis |
The following table presents information about the Company’s financial assets and liabilities that have been measured at fair value on a recurring basis as of April 30, 2024 and January 31, 2024, and indicate the fair value hierarchy of the valuation inputs utilized to determine such fair value: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | April 30, 2024 | | January 31, 2024 | | (in thousands) | Level 1 | | Level 2 | | | | Total | | Level 1 | | Level 2 | | | | Total | | Financial Assets: | | | | | | | | | | | | | | | | | Cash Equivalents: | | | | | | | | | | | | | | | | | Money market funds | $ | 41,634 | | | $ | — | | | | | $ | 41,634 | | | $ | 52,647 | | | $ | — | | | | | $ | 52,647 | | U.S. government and agency securities | — | | | 2,632 | | | | | 2,632 | | | — | | | — | | | | | — | | | Marketable Securities: | | | | | | | | | | | | | | | | | Corporate bonds | — | | | 95,243 | | | | | 95,243 | | | — | | | 98,703 | | | | | 98,703 | | | Municipal bonds | — | | | 994 | | | | | 994 | | | — | | | 985 | | | | | 985 | | | U.S. government and agency securities | — | | | 158,288 | | | | | 158,288 | | | — | | | 185,571 | | | | | 185,571 | | | Certificates of deposit | — | | | 64,112 | | | | | 64,112 | | | — | | | 46,543 | | | | | 46,543 | | | Commercial paper | — | | | 164,627 | | | | | 164,627 | | | — | | | 166,729 | | | | | 166,729 | | | Total financial assets | $ | 41,634 | | | $ | 485,896 | | | | | $ | 527,530 | | | $ | 52,647 | | | $ | 498,531 | | | | | $ | 551,178 | |
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