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Fair Value Measurements (Tables)
3 Months Ended
Apr. 30, 2021
Class of Warrant or Right [Line Items]  
Summary Of Company's assets and liabilities that were measured at fair value on a recurring basis
The Company’s assets and liabilities that were measured at fair value on a recurring basis were as follows:
 
   
Fair Value Measured as of April 30, 2021
 
   
Level 1
   
Level 2
   
Level 3
   
Total
 
   
(in thousands)
 
Assets
                    
Money market funds
  
$
454,710
 
  
$
 
  
$
 
  
$
454,710 
   
 
 
   
 
 
   
 
 
   
 
 
 
Total financial assets
  
$
454,710
 
  
$
 
  
$
 
  
$
454,710 
   
 
 
   
 
 
   
 
 
   
 
 
 
Liabilities
                    
C
ommon stock warrant liabilities (Public)
  
$
55,710
 
  
$
 
  
$
 
  
$
55,710 
C
ommon stock warrant liabilities (Private Placement)
           30,499    30,499 
   
 
 
   
 
 
   
 
 
   
 
 
 
Total financial liabilities
  
$
55,710
 
  
$
 
  
$
30,499
 
  
$
86,209
 
   
 
 
   
 
 
   
 
 
   
 
 
 
 
   
Fair Value Measured as of January 31, 2021
 
   
Level 1
   
Level 2
   
Level 3
   
Total
 
   
(in thousands)
 
Assets
                    
Money market funds
  
$
109,703
 
  
$
 
  
$
 
  
$
109,703 
   
 
 
   
 
 
   
 
 
   
 
 
 
Total financial assets
  
$
109,703
 
  
$
 
  
$
 
  
$
109,703 
   
 
 
   
 
 
   
 
 
   
 
 
 
Liabilities
                    
Redeemable convertible preferred stock warrant liability
  
$
 
  
$
 
  
$
75,843
 
  
$
75,843 
   
 
 
   
 
 
   
 
 
   
 
 
 
Total financial liabilities
  
$
 
  
$
 
  
$
75,843
 
  
$
75,843 
   
 
 
   
 
 
   
 
 
   
 
 
 
Summary of changes in the fair value of Level 3 financial statements
The following table presents a summary of the changes in the fair value of the Company’s Level 3 financial instruments:
 
 
  
Redeemable
convertible
preferred stock
warrant liability
 
  
Private placement
warrant liability
 
  
Earnout liability
 
 
  
(in thousands)
 
Fair value as of January 31, 2021
  
$
(75,843
  
$
 
  
$
 
Private placement warrant liability acquired as part of the merger
  
 
 
  
 
(127,888
  
 
 
Contingent earnout liability recognized upon the closing of the reverse recapitalization
  
 
 
  
 
 
  
 
(828,180
Change in fair value included in other income (expense), net
  
 
9,237
 
  
 
45,434
 
  
 
84,420
 
Reclassification of option warrants to stockholders’ equity (deficit) due to exercise
  
 
 
  
 
51,955
 
  
 
 
Reclassification of Legacy ChargePoint preferred stock warrant liability upon the reverse capitalization
  
 
66,606
 
  
 
 
  
 
 
Issuance of earnout shares upon triggering events
  
 
 
  
 
 
  
 
501,120
 
Reclassification of remaining contingent earnout liability upon triggering event
  
 
 
  
 
 
  
 
242,640
 
   
 
 
   
 
 
   
 
 
 
Fair value as of April 30, 2021
  
$
 
  
$
(30,499
  
$