
	Carrying Amount




Balance as of January 31, 2025	$	16,139
Foreign currency translation adjustments	495
Balance as of July 31, 2025	$	16,634

Intangible assets, net consisted of the following (in thousands):


July 31, 2025	Gross Carrying Amount		Accumulated Amortization		Net Book Value		Weighted average remaining amortization period (years)

Developed technology from business combination (1)	$	16,713	$	(7,536)	$	9,177	1.7
Developed technology from asset acquisitions	7,660		(3,033)		4,627		1.8
Total	$	24,373	$	(10,569)	$	13,804


January 31, 2025	Gross Carrying Amount		Accumulated Amortization		Net Book Value		Weighted average remaining amortization period (years)

Developed technology from business combination (2)	$	22,913	$	(10,982)	$	11,931	2.2
Developed technology from asset acquisitions (1)	7,660		(1,757)		5,903		2.3
Total	$	30,573	$	(12,739)	$	17,834

(1) As of July 31, 2025, the Company wrote off $6.2 million of fully amortized intangible assets as the technology had become obsolete, respectively.

(2) The amounts in the tables above include cumulative foreign currency translation adjustments, reflecting movement in the currencies of the underlying intangibles.

Amortization expense was $2.0 million and $4.0 million for the three and six months ended July 31, 2025, respectively, and $2.3 million and $3.4 million for the three and six months ended July 31, 2024, respectively.

As of July 31, 2025, future amortization expense related to the intangibles assets is expected to be as follows (in thousands):


Fiscal Years
Remainder of 2026	$	4,029
2027	8,060
2028	1,715
Total future amortization	$	13,804