v3.24.1.1.u2
Fair Value Measurements (Tables)
 3 Months Ended
Apr. 30, 2024
Fair Value Disclosures [Abstract]  
Fair Value of Financial Instruments Measured at Fair Value on a Recurring Basis
The following table sets forth our financial instruments that were measured at fair value on a recurring basis at the periods indicated below, by level within the fair value hierarchy (in thousands):
April 30, 2024
Level 1Level 2Level 3Total
Financial Assets:
Cash equivalents
Money market funds$20,145 $— $— $20,145 
U.S. government securities8,996 — — 8,996 
Total cash equivalents29,141 — — 29,141 
Marketable securities
U.S. government securities$317,707 $— $— $317,707 
Foreign securities— 6,309 — 6,309 
Corporate debt securities— 84,941 — 84,941 
Total marketable securities317,707 91,250 — 408,957 
Liabilities
Contingent consideration$— $— $86 $86 
Total liabilities— — 86 86 
Total financial assets$346,848 $91,250 $86 $438,184 
January 31, 2024
Level 1Level 2Level 3Total
Financial Assets:
Cash equivalents
Money market funds$20,758 $— $— $20,758 
U.S. government securities6,996 — — 6,996 
Total cash equivalents27,754 — — 27,754 
Marketable securities
U.S. government securities$318,957 $— $— $318,957 
Foreign securities— 6,367 — 6,367 
Corporate debt securities— 82,574 — 82,574 
Total marketable securities318,957 88,941 — 407,898 
Liabilities
Contingent consideration$— $— $223 $223 
Total liabilities— — 223 223 
Total financial assets$346,711 $88,941 $223 $435,875 
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
The following table summarizes the fair value changes in the contingent consideration liability in connection with the acquisition of North Star Y, Pty Ltd (in thousands):

Three Months Ended
April 30,
20242023
Beginning fair value $223 $— 
Adjustments in the period
(137)— 
Ending fair value$86 $—