Intangible Assets |
INTANGIBLE ASSETS Intangible assets, net consisted of the following (in thousands): | | | | | | | | | | | | | As of April 30, | | As of January 31, | | 2022 | | 2022 | Developed technology | $ | 15,500 | | | $ | 15,500 | | Customer relationship | 1,500 | | | 1,500 | | Non-compete agreements | 650 | | | 650 | | Trademarks | 150 | | | 150 | | Patents | 1,246 | | | 1,094 | | Total finite-lived intangible assets | 19,046 | | | 18,894 | | Less: accumulated amortization | (4,171) | | | (3,342) | | Total finite-lived intangible assets, net | $ | 14,875 | | | $ | 15,552 | | Indefinite-lived intangible assets - domain names | 255 | | | 255 | | Total intangible assets, net | $ | 15,130 | | | $ | 15,807 | |
Amortization expense of intangible assets was $0.8 million and $0.7 million for the three months ended April 30, 2022 and 2021, respectively. As of April 30, 2022, estimated future amortization expense is as follows (in thousands): | | | | | | | | | Fiscal Year Ending January 31, | | | Remainder of 2023 | | $ | 2,572 | | 2024 | | 2,598 | | 2025 | | 2,373 | | 2026 | | 2,361 | | 2027 | | 2,361 | | Thereafter | | 2,610 | | Total | | $ | 14,875 | |
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