Balance Sheet Components | Balance Sheet Components Cash, Cash Equivalents, and Marketable Securities The following tables summarize the amortized cost, unrealized gains and losses, and estimated fair value of cash, cash equivalents, and marketable securities consisting of the following (in thousands): As of October 31, 2019 Amortized Unrealized Unrealized Fair value Cash and cash equivalents: Cash $ 60,189 $ — $ — $ 60,189 Money market funds 327,471 — — 327,471 Commercial paper 88,819 5 (10 ) 88,814 Total cash and cash equivalents 476,479 5 (10 ) 476,474 Marketable securities: Commercial paper $ 37,365 $ 7 $ (3 ) $ 37,369 U.S. agency securities 13,981 19 (6 ) 13,994 U.S. government securities 109,777 231 — 110,008 International government securities 20,313 15 — 20,328 Corporate bonds 115,807 138 (12 ) 115,933 Total marketable securities 297,243 410 (21 ) 297,632 Total cash, cash equivalents and marketable securities $ 773,722 $ 415 $ (31 ) $ 774,106 As of January 31, 2019 Amortized Unrealized Unrealized Fair value Cash and cash equivalents: Cash $ 62,033 $ — $ — $ 62,033 Money market funds 118,737 — — 118,737 Total cash and cash equivalents 180,770 — — 180,770 Marketable securities: Commercial paper 17,461 1 — 17,462 U.S. agency securities 44,886 7 (14 ) 44,879 U.S. government securities 370,498 143 (67 ) 370,574 International government securities 36,810 — (76 ) 36,734 Corporate bonds 190,944 — (292 ) 190,652 Total marketable securities 660,599 151 (449 ) 660,301 Total cash, cash equivalents and marketable securities $ 841,369 $ 151 $ (449 ) $ 841,071 The Company periodically evaluates its investments for other-than-temporary declines in fair value. The unrealized losses on the available-for-sale securities were primarily due to unfavorable changes in interest rates subsequent to the initial purchase of these securities. Gross unrealized losses of the Company’s available-for-sale securities that have been in a continuous unrealized loss position for twelve months or longer were immaterial as of October 31, 2019 and January 31, 2019 . The Company expects to recover the full carrying value of its available-for-sale securities in an unrealized loss position as it does not intend or anticipate a need to sell these securities prior to recovering the associated unrealized losses. As a result, the Company does not consider any portion of the unrealized losses as of October 31, 2019 or January 31, 2019 to represent an other-than temporary impairment or credit losses. The following table classifies marketable securities by contractual maturities (in thousands): As of October 31, 2019 January 31, 2019 Due in one year $ 242,512 $ 506,297 Due in one to two years 55,120 154,004 Total $ 297,632 $ 660,301 Property and Equipment, Net The following is a summary of the Company’s property and equipment by category (in thousands): As of October 31, 2019 January 31, 2019 Leasehold improvements $ 92,917 $ 86,258 Furniture and fixtures 26,229 19,693 Capitalized internal-use software costs 4,241 4,241 Computer equipment 3,093 2,222 Construction in progress 19,331 6,076 Property and equipment, gross 145,811 118,490 Less: accumulated depreciation and amortization (36,005 ) (30,131 ) Property and equipment, net $ 109,806 $ 88,359 As of October 31, 2019 and January 31, 2019 , property and equipment, net attributed to United States were 83% and 87% , respectively, of total property and equipment, net. There was no individual foreign country with an excess of 10% of total property and equipment, net as of October 31, 2019 or January 31, 2019 . Depreciation and amortization expense was $6.7 million and $3.9 million for the three months ended October 31, 2019 and 2018 , respectively. Depreciation and amortization expense was $17.3 million and $10.5 million for the nine months ended October 31, 2019 and 2018 , respectively. Intangible Assets, Net Intangible assets consist of the following (in thousands): October 31, 2019 Weighted-average Gross carrying Accumulated Net carrying Customer relationships 5.7 years $ 9,100 $ 1,679 $ 7,421 Developed technology 1.8 years 8,527 4,418 4,109 Assembled workforce 1.0 year 1,198 624 574 Total $ 18,825 $ 6,721 $ 12,104 January 31, 2019 Weighted-average Gross carrying Accumulated Net carrying Customer relationships 6.5 years $ 9,100 $ 704 $ 8,396 Developed technology 2.6 years 8,527 2,743 5,784 Assembled workforce 1.7 years 1,198 175 1,023 Total $ 18,825 $ 3,622 $ 15,203 Amortization expense of intangible assets was $1.0 million and $0.7 million for the three months ended October 31, 2019 and 2018 , respectively. Amortization expense of intangible assets was $3.1 million and $0.8 million for the nine months ended October 31, 2019 and 2018 , respectively. As of October 31, 2019 , expected amortization expense relating to intangible assets for each of the next five fiscal years and thereafter is as follows (in thousands): Year ending January 31, 2020 (3 months remaining) $ 1,033 2021 3,957 2022 2,618 2023 1,300 2024 1,300 Thereafter 1,896 Total $ 12,104 |