Company: YEXT
Filing Date: 2025-06-09
Form Type: 10-Q
Source: 0001614178-25-000077
Chunk: 196

Company: Yext, Inc.
Filing Date: 2025-06-09
Form: 10-Q
Item: Part I, Item 1
Chunk 196
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Net Carrying ValueWeighted Average Remaining Useful LifeDomains$365 $(226)$139 5.8Customer relationships (1)77,100 (4,546)72,554 12.1Technology (2)30,400 (6,480)23,920 2.8Trademarks (3)850 (213)637 2.3Total as of April 30, 2025$108,715 $(11,465)$97,250 9.8As 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 $0.9 million, respectively. (2)    Includes amounts recognized in connection with the acquisitions of Hearsay and Places Scout of $24.8 million and $5.6 million, respectively.  

(3)    Includes amounts recognized in connection with the acquisition of Hearsay of $0.9 million.  

8. Property and Equipment, Net

Property and equipment are recorded at cost and depreciated or amortized on a straight-line basis over their estimated useful lives. Property and equipment, net consisted of the following:(in thousands)April 30, 2025January 31, 2025Computer software$24,296 $24,086 Office equipment23,562 23,529 Furniture and fixtures7,850 7,894 Leasehold improvements 60,296 59,944 Construction in progress39 27 Software in progress996 548 Total property and equipment, gross117,039 116,028 Less: accumulated depreciation(79,168)(76,339)Total property and equipment, net$37,871 $39,689 

As of April 30, 2025 and January 31, 2025, the Company's