Equity Plans and Stock-based Compensation (Tables)

9 Months Ended

Oct. 31, 2023

Share-Based Payment Arrangement [Abstract]

Schedule of Stock-based Compensation Expense

The following sets forth the total stock-based compensation expense for employee equity plans included in the Company’s condensed consolidated statements of operations:

	Three Months Ended October 31,				Nine Months Ended October 31,
	2023		2022		2023		2022
	(in thousands)
Cost of revenue	$	1,847	$	1,145	$	4,780	$	3,271
Research and development	14,451		10,200		39,804		27,598
Sales and marketing	6,467		4,962		17,393		12,793
General and administrative	10,118		9,391		29,969		23,982
Total stock-based compensation expense	$	32,883	$	25,698	$	91,946	$	67,644

Share-based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity

A summary of RSUs outstanding under the 2021 EIP as of October 31, 2023 and changes during the fiscal year-to-date period then ended is presented in the following table:

	Number of Shares	Weighted Average Grant Date Fair Value per Share
Outstanding as of January 31, 2023	12,935,413	$	15.02
RSU granted	15,171,450	$	8.55
RSU vested	(4,648,207)	$	13.82
RSU forfeited	(1,849,229)	$	12.53
Outstanding as of October 31, 2023	21,609,427	$	10.95

A summary of PRSUs outstanding under the 2021 EIP as of October 31, 2023 and changes during the fiscal year-to-date period then ended is presented in the following table:

	Number of Shares	Weighted Average Grant Date Fair Value per Share
Outstanding as of January 31, 2023	2,147,366	$	10.83
PRSUs granted	661,236	$	4.92
PRSU forfeited	(143,266)	$	10.47
Outstanding as of October 31, 2023	2,665,336	$	9.38

Share-based Payment Arrangement, Option, Activity

A summary of options outstanding under the 2017 Plan and 2007 Plan as of October 31, 2023 and changes during the fiscal year-to-date period then ended is presented in the following table:

	Number of Stock Option Awards	Weighted Average Exercise Price		Weighted Average Remaining Contractual term (in years)	Aggregate Intrinsic Value (in thousands)
Outstanding as of January 31, 2023	17,600,524	$	0.70	5.6	$	201,352
Options exercised	(4,399,544)	$	0.61
Options cancelled	(158,540)	$	0.77
Outstanding as of October 31, 2023	13,042,440	$	0.73	4.8	$	23,598
Options vested and expected to vest as of October 31, 2023	13,041,914	$	0.73	4.8	$	23,597
Exercisable as of October 31, 2023	11,172,410	$	0.73	4.6	$	20,269