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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Jul. 31, 2021
Jul. 31, 2020
Cash flows from operating activities:    
Net (loss) income $ (37,459) $ 150
Adjustments to reconcile net (loss) income to net cash provided by operating activities    
Depreciation and amortization 1,141 1,028
Non-cash operating lease cost 857 842
Stock-based compensation expense 13,912 2,480
Other (875) (100)
Changes in operating assets and liabilities    
Accounts receivable [1] 10,383 (29,588)
Prepaid expenses, other current assets and other assets [2] 2,097 556
Accounts payable [3] (2,067) (169)
Accrued compensation and employee benefits (7,072) (5,047)
Operating lease liabilities (932) (886)
Other liabilities [4] (3,633) 847
Deferred revenue [5] 24,670 46,949
Net cash provided by operating activities 1,022 17,062
Cash flows from investing activities:    
Purchases of property and equipment (511) (654)
Capitalized software development costs (500) 0
Purchases of investments (95,948) (36,970)
Maturities and sales of investments 248,986 109,759
Net cash provided by investing activities 152,027 72,135
Cash flows from financing activities:    
Payment of deferred offering costs (71) 0
Proceeds from exercise of Class A common stock options 5,046 335
Net cash provided by financing activities 4,975 6,678
Net increase in cash, cash equivalents and restricted cash 158,024 95,875
Cash, cash equivalents and restricted cash at beginning of period 116,255 33,604
Cash and cash equivalents 273,779 128,979
Restricted cash included in other assets 500 500
Cash, cash equivalents and restricted cash at end of period 274,279 129,479
Total cash, cash equivalents and restricted cash 274,279 129,479
Supplemental disclosure of cash flow information—cash paid for income taxes 235 138
Supplemental disclosures of non-cash investing and financing activities:    
Purchases of property and equipment included in accounts payable and accrued liabilities 326 243
Unpaid liabilities related to intangible purchases 2,500 0
Deferred offering costs included in accounts payable and accrued liabilities 34 0
Vesting of early exercised stock options 1,059 218
Paycheck Protection Program, CARES Act    
Cash flows from financing activities:    
Proceeds from Payroll Protection Program loan $ 0 $ 6,343
[1] Including changes in related party balances of $(13,921) and $9 for the three months ended July 31, 2021 and 2020, respectively.
[2] Including changes in related party balances of $(415) and nil for the three months ended July 31, 2021 and 2020, respectively.
[3] Including changes in related party balances of $56 and nil for the three months ended July 31, 2021 and 2020, respectively.
[4] Including changes in related party balances of $(3,309) and nil for the three months ended July 31, 2021 and 2020, respectively.
[5] Including changes in related party balances of $16,940 and $21,190 for the three months ended July 31, 2021 and 2020, respectively.