Income Taxes (Tables)

12 Months Ended

Apr. 30, 2022

Income Tax Disclosure [Abstract]

Schedule of Components of Net Loss Before Income Taxes

The components of the Company’s net loss before provision for income taxes for the fiscal years ended April 30, 2022, 2021 and 2020 was as follows (in thousands):

	Fiscal Year Ended April 30,
	2022		2021		2020
Domestic	$	(189,891)	$	(58,407)	$	(69,887)
Foreign	(1,385)		3,415		889
Net loss before provision for income taxes	$	(191,276)	$	(54,992)	$	(68,998)

Schedule of Provision for Income Tax Expenses

The components of the Company’s provision for income taxes for the fiscal years ended April 30, 2022, 2021 and 2020 was as follows (in thousands):

	Fiscal Year Ended April 30,
	2022		2021		2020
Current expense
Federal	$	—	$	—	$	—
State	310		286		113
Foreign	479		418		267
Total	789		704		380
Deferred expense
Federal	—		—		—
State	—		—		—
Foreign	—		—		—
Total	—		—		—
Total provision for income taxes	$	789	$	704	$	380

Schedule of Federal Statutory Rate to Effective Tax Rate Reconciliation

The reconciliation of U.S. federal statutory rate to the Company’s effective tax rate was follows (in thousands):

	Fiscal Year Ended April 30,
	2022		2021		2020
Expected benefit at federal statutory rate	$	(40,119)	$	(11,628)	$	(14,489)
State tax expense—net of federal benefit	310		286		113
Impact of foreign operations	770		(299)		85
Federal research and development credit	(1,109)		(694)		(530)
Change in valuation allowance	59,450		30,587		14,837
Stock-based compensation	(19,152)		(17,667)		(23)
Meals and entertainment	50		35		242
Other permanent items	589		84		145
Total provision for income taxes	$	789	$	704	$	380

Schedule of Components of Deferred Tax Assets and Liabilities

The components of deferred tax assets and liabilities as of April 30, 2022 and 2021 was as follows (in thousands):

	As of April 30,
	2022		2021
Deferred tax assets
Accrued payroll	$	521	$	889
Other accruals & reserves	6,185		4,053
Operating lease liability	6,957		1,323
Deferred revenue	442		1,258
Depreciation	2,099		1,588
Net operating losses	114,291		73,189
R&D tax credit	6,618		4,778
Stock based compensation	15,669		3,690
Other	905		327
Gross deferred tax assets	153,687		91,095
Valuation allowance	(144,678)		(88,015)
Total deferred tax assets	9,009		3,080
Deferred tax liabilities
Prepaid expenses	(2,384)		(1,883)
Operating lease right-of-use assets	(6,625)		(1,197)
Total deferred tax liabilities	(9,009)		(3,080)
Net deferred tax assets (liabilities)	$	—	$	—

Schedule of Unrecognized Tax Benefits Reconciliation

A reconciliation of the beginning and ending amount of the Company’s total gross unrecognized tax benefits was as follows (in thousands):

	As of April 30,
	2022		2021
Balance as of May 1	$	5,333	$	4,048
Increases for tax positions related to the current year	2,035		1,285
Balance as of April 30	$	7,368	$	5,333