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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Jan. 31, 2022
Jan. 31, 2021
Cash flows from operating activities:    
Net loss $ (133,645) $ (31,646)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation and amortization 3,761 3,189
Non-cash operating lease cost 2,369 2,474
Stock-based compensation expense 77,813 14,270
Other 255 (115)
Changes in operating assets and liabilities    
Accounts receivable [1] (1,963) 588
Prepaid expenses, other current assets and other assets [2] (21,108) (6,931)
Accounts payable [3] 2,237 7,447
Accrued compensation and employee benefits 759 4,303
Operating lease liabilities (2,303) (2,636)
Other liabilities [4] 14,304 1,213
Deferred revenue [5] (15,779) 2,016
Net cash used in operating activities (73,300) (5,828)
Cash flows from investing activities:    
Purchases of property and equipment (2,183) (1,166)
Capitalized software development costs (500) 0
Proceeds from sale of non-marketable equity security 0 725
Purchases of investments (540,290) (232,287)
Maturities and sales of investments 698,312 280,997
Net cash provided by investing activities 155,339 48,269
Cash flows from financing activities:    
Proceeds from initial public offering and private placements, net of underwriting discounts 0 851,859
Proceeds from repayment of shareholder loan 0 26,003
Payment of deferred offering costs (105) (6,710)
Proceeds from exercise of Class A common stock options 19,334 13,825
Net cash provided by financing activities 19,229 884,977
Net increase in cash, cash equivalents and restricted cash 101,268 927,418
Cash, cash equivalents and restricted cash at beginning of period 116,255 33,604
Cash and cash equivalents 204,531 960,122
Restricted cash included in other assets 12,992 900
Cash, cash equivalents and restricted cash at end of period 217,523 961,022
Total cash, cash equivalents and restricted cash 217,523 961,022
Supplemental disclosure of cash flow information—cash paid for income taxes 677 435
Supplemental disclosures of non-cash investing and financing activities:    
Purchases of property and equipment included in accounts payable and accrued liabilities 483 349
Right-of-use assets obtained in exchange for lease obligations 26,529 0
Unpaid liabilities related to intangible purchases 2,500 0
Receivable from exercise of stock options included in prepaid expenses, other current assets and other assets 45 0
Deferred offering costs included in accounts payable and accrued liabilities 0 503
Vesting of early exercised stock options $ 2,391 $ 2,073
[1] Including changes in related party balances of $547 and $(780) for the nine months ended January 31, 2022 and 2021, respectively.
[2] Including changes in related party balances of $14,102 and nil for the nine months ended January 31, 2022 and 2021, respectively.
[3] Including changes in related party balances of $2,359 and nil for the nine months ended January 31, 2022 and 2021, respectively.
[4] Including changes in related party balances of $12,674 and nil for the nine months ended January 31, 2022 and 2021, respectively.
[5] Including changes in related party balances of $(7,122) and $7,859 for the nine months ended January 31, 2022 and 2021, respectively.