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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Apr. 30, 2021
Apr. 30, 2020
Apr. 30, 2019
Cash flows from operating activities:      
Net loss $ (55,696) $ (69,378) $ (33,346)
Adjustments to reconcile net loss to net cash used in operating activities      
Depreciation and amortization 4,297 1,302 550
Non-cash operating lease cost 3,315 3,052 0
Stock-based compensation expense 21,740 8,310 4,267
Impairment on investment 0 1,025 0
Other (180) (657) 534
Changes in operating assets and liabilities      
Accounts receivable [1] (34,690) 32,659 (46,144)
Prepaid expenses, other current assets and other assets [2] (14,855) (4,265) (1,677)
Accounts payable [3] 7,450 (1,219) 48
Accrued compensation and employee benefits 8,135 651 4,170
Operating lease liabilities (3,551) (3,174) 0
Other liabilities [4] 11,549 1,343 (533)
Deferred revenue [5] 14,933 (30,930) 37,255
Net cash used in operating activities (37,553) (61,281) (34,876)
Cash flows from investing activities:      
Purchases of property and equipment (1,628) (2,298) (6,811)
Capitalized software development costs 0 (581) 0
Proceeds from sale of non-marketable equity security 725 0 0
Purchases of investments (1,152,142) (219,853) (166,303)
Maturities and sales of investments 385,893 98,659 76,886
Net cash used in investing activities (767,152) (124,073) (96,228)
Cash flows from financing activities:      
Proceeds from initial public offering and private placements, net of underwriting discounts 851,859 0 0
Proceeds from repayment of shareholder loan 26,003 0 0
Repurchase of common stock and options in tender offer 0 (3,548) 0
Payment of deferred offering costs (7,179) 0 0
Proceeds from issuance of common stock 0 44,027 0
Proceeds from exercise of Class A common stock options 16,673 4,203 2,905
Net cash provided by financing activities 887,356 119,851 54,472
Net increase (decrease) in cash, cash equivalents and restricted cash 82,651 (65,503) (76,632)
Cash, cash equivalents and restricted cash at beginning of period 33,604 99,107 175,739
Cash and cash equivalents 115,355 33,104 98,607
Restricted cash included in other assets 900 500 500
Cash, cash equivalents and restricted cash at end of period 116,255 33,604 99,107
Total cash, cash equivalents and restricted cash 116,255 33,604 99,107
Supplemental disclosure of cash flow information—cash paid for income taxes 550 660 131
Supplemental disclosures of non-cash investing and financing activities:      
Purchases of property and equipment included in accounts payable and accrued liabilities 212 417 60
Deferred offering costs included in accounts payable and accrued liabilities 105 0 0
Vesting of early exercised stock options 2,869 655 1,561
Investor      
Changes in operating assets and liabilities      
Prepaid expenses, other current assets and other assets (8,264) 0 0
Other liabilities 8,308 0 0
Series G Preferred Stock      
Cash flows from financing activities:      
Proceeds from issuance of stock, net of issuance costs 0 25,333 51,567
Payment of deferred offering costs   (34) (257)
Supplemental disclosures of non-cash investing and financing activities:      
Series G issuance cost included in accounts payable 0 0 73
Series H Preferred Stock      
Cash flows from financing activities:      
Proceeds from issuance of stock, net of issuance costs $ 0 49,836 $ 0
Payment of deferred offering costs   $ (164)  
[1] Including changes in related party balances of $(14,930), $19,750, and $(20,000) for the fiscal years ended April 30, 2021, 2020 and 2019, respectively.
[2] Including changes in related party balances of $8,264, nil and nil for the fiscal years ended April 30, 2021, 2020 and 2019, respectively.
[3] Including changes in related party balances of $56, nil and nil for the fiscal years ended April 30, 2021, 2020 and 2019, respectively.
[4] Including changes in related party balances of $8,308, nil and nil for the fiscal years ended April 30, 2021, 2020 and 2019, respectively.
[5] Including changes in related party balances of $6,198, $(18,445), and $19,944 for the fiscal years ended April 30, 2021, 2020, and 2019, respectively.