Accounting Policies (Tables)

12 Months Ended

Jan. 31, 2022

A summary of the effect of the corrections on the consolidated balance sheet as of January 31, 2021 is as follows (in thousands):


	January 31, 2021
	As reported		Corrections		As Adjusted
Assets
Prepaid expenses and other current assets	$	95,819	$	5,277	$	101,096
Total current assets	492,786		5,277		498,063
Other non-current assets	36,669		5,843		42,512
Total assets	$	585,893	$	11,120	$	597,013
Stockholders' deficit
Accumulated deficit	(341,280)		11,120		(330,160)
Total stockholders' deficit	182,733		11,120		193,853
Total liabilities and stockholders' deficit	$	585,893	$	11,120	$	597,013

A summary of the effect of the corrections on the consolidated statements of operations for the years ended January 31, 2021 and 2020 were as follows (in thousands, except per share data):


	Year Ended January 31,
	2021						2020
	As reported		Corrections		As Adjusted		As reported		Corrections		As Adjusted
Operating expenses:
Sales and marketing	$	189,011	$	(3,214)	$	185,797	$	163,360	$	634	$	163,994
Total operating expenses	293,639		(3,214)		290,425		236,012		634		236,646
Operating loss	(28,791)		3,214		(25,577)		(34,895)		(634)		(35,529)
Loss before provision for income taxes	(37,407)		3,214		(34,193)		(35,822)		(634)		(36,456)
Net loss	(41,184)		3,214		(37,970)		(39,147)		(634)		(39,781)
Net loss attributable to Sprinklr	(41,184)		3,214		(37,970)		(39,120)		(634)		(39,754)
Net loss attributable to Sprinklr common stockholders	$	(41,784)	$	3,214	$	(38,570)	$	(39,120)	$	(634)	$	(39,754)
Net loss per share attributable to Class A and Class B stockholders, basic and diluted	$	(0.46)	$	0.04	$	(0.42)	$	(0.46)	$	(0.01)	$	(0.47)

A summary of the effect of the corrections on the consolidated statements of cash flows for the years ended January 31, 2021 and 2020 were as follows (in thousands):


	Year Ended January 31,
	2021						2020
	As reported		Corrections		As Adjusted		As reported		Corrections		As Adjusted
Net loss attributable to Sprinklr	$	(41,184)	$	3,214	$	(37,970)	$	(39,120)	$	(634)	$	(39,754)
Net loss	(41,184)		3,214		(37,970)		(39,147)		(634)		(39,781)
Changes in operating assets and liabilities
Prepaid expenses and other current assets	(27,863)		(846)		(28,709)		(22,564)		217		(22,347)
Other non-current assets	(4,714)		(2,368)		(7,082)		(10,298)		417		(9,881)

For all periods in which the Company corrected net loss, the Company made corresponding corrections to net loss and comprehensive loss in the consolidated statements of comprehensive loss and to net loss, accumulated deficit and total stockholders’ (deficit) equity in the consolidated statements of stockholders’ (deficit) equity. In addition, a summary of the effect of the correction to the cumulative effect of adoption of ASC 606 presented within the consolidated statements of stockholders’ (deficit) equity is as follows (in thousands):


	Year Ended January 31, 2020
	As reported		Correction		As Adjusted
Cumulative effect of adoption of ASC 606	$	23,340	$	8,540	$	31,880