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Intangible Assets and Goodwill
12 Months Ended
Jan. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets and Goodwill
7Intangible Assets and Goodwill
Intangible Assets, Net
Intangible assets, net consisted of the following as of January 31, 2022 (dollars in thousands):
Intangible
Assets, Gross
Accumulated
Amortization
Intangible
Assets, Net
Weighted-Average
Remaining Useful
Life (Years)
Developed technology$18,627 $(6,584)$12,043 3.4
Trade names and trademarks274 (185)89 1.9
Customer relationships5,010 (1,479)3,531 2.2
Other intangibles1,231 (77)1,154 8.3
Total$25,142 $(8,325)$16,817 
Intangible assets, net consisted of the following as of January 31, 2021 (dollars in thousands):
Intangible
Assets, Gross
Accumulated
Amortization
Intangible
Assets, Net
Weighted-Average
Remaining Useful
Life (Years)
Developed technology$13,083 $(3,350)$9,733 3.7
Trade names and trademarks66 (24)42 1.8
Customer relationships527 (111)416 3.8
Total$13,676 $(3,485)$10,191 
We record amortization expense associated with acquired developed technology in cost of licenses revenue and cost of subscription services revenue, trade names and trademarks in sales and marketing expense, customer relationships in sales and marketing expense, and other intangibles in general and administrative expense in the consolidated statements of operations. Amortization expense of intangible assets were $5.1 million, $2.6 million and $0.7 million for fiscal years 2022, 2021, and 2020, respectively.
The expected future amortization expenses related to intangible assets as of January 31, 2022 were as follows (in thousands):
Year Ended January 31,
Amount
2023$5,556 
20245,525 
20253,539 
20261,449 
2027338 
Thereafter410 
Total$16,817 
Goodwill
Changes in the carrying amount of goodwill were as follows during the periods presented (in thousands):
Carrying Amount
Balance as of January 31, 2020
$25,311 
Effect of foreign currency translation2,748 
Balance as of January 31, 2021
28,059 
Acquisition of Cloud Elements27,686 
Effect of foreign currency translation(2,181)
Balance as of January 31, 2022
$53,564