Company: YEXT
Filing Date: 2025-09-08
Form Type: 10-Q
Source: 0001614178-25-000119
Chunk: 335

Company: Yext, Inc.
Filing Date: 2025-09-08
Form: 10-Q
Item: Part I, Item 8
Chunk 335
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 six months ended July 31, 2025, respectively and less than $0.1 million for the three and six months ended July 31, 2024. 

18

The gross carrying amount and accumulated amortization of intangible assets other than goodwill are as follows:As of July 31, 2025(in thousands)Gross Carrying AmountAccumulatedAmortizationNet Carrying ValueWeighted Average Remaining Useful LifeDomains$365 $(232)$133 5.6Customer relationships (1)77,100 (6,162)70,938 11.9Technology (2)30,400 (8,827)21,573 2.6Trademarks (3)850 (283)567 2.0Total as of July 31, 2025$108,715 $(15,504)$93,211 9.7As 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)July 31, 2025January 31, 2025Computer software$25,486 $24,086 Office equipment23,611 23,529 Furniture and fixtures7,827 7,894 Leasehold improvements 60,273 59,