Company: YEXT
Filing Date: 2025-12-08
Form Type: 10-Q
Source: 0001628280-25-055819
Chunk: 338

Company: Yext, Inc.
Filing Date: 2025-12-08
Form: 10-Q
Item: Part I, Item 8
Chunk 338
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 circumstances change, it may be necessary to record impairment charges in the future.Intangible AssetsThe Company’s intangible assets with definite lives are amortized on a straight-line basis over their estimated useful lives, which range from approximately 2 to 15 years. Intangible assets with finite lives are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of such assets may not be recoverable. The Company has no indefinite-lived intangible assets.The Company determined that no events occurred or circumstances changed during the reporting periods ended October 31, 2025  and 2024 that would indicate that its intangible assets with finite lives may not be recoverable. However, if certain events occur or circumstances change, it may be necessary to record impairment charges in the future.Amortization expense was $4.0 million and $12.2 million for the three and nine months ended October 31, 2025, respectively and $3.5 million for each of the three and nine months ended October 31, 2024. 

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The gross carrying amount and accumulated amortization of intangible assets other than goodwill are as follows:As of October 31, 2025(in thousands)Gross Carrying AmountAccumulatedAmortizationNet Carrying ValueWeighted Average Remaining Useful LifeDomains$365 $(238)$127 5.3Customer relationships (1)77,100 (7,777)69,323 11.7Technology (2)30,400 (11,174)19,226 2.4Trademarks (3)850 (354)496 1.7Total as of October 31, 2025$108,715 $(19,543)$89,172 9.6As of January 31, 2025(in thousands)Gross Carrying AmountAccumulatedAmortizationNet Carrying ValueWeighted AverageRemaining Useful LifeDomains$365 $(221)$144 6.0Customer relationships 76,200 (2,931)73,269 12.5Technology 24,200 (4,033)20,167 2.5Trademarks800 (133)667 2.5Total as of January 31, 2025$101,565 $(7,318)$94,247 10.1(1)    Includes amounts recognized in connection with the acquisitions of Hearsay and Places Scout of $76.2 million and $