Balance Sheet Details

3 Months Ended

Jul. 31, 2022

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Property and Equipment

Property and equipment consisted of the following at July 31, 2022 and April 30, 2022 (in thousands):


	Useful Life	As of July 31,		As of April 30,
	(in months)	2022		2022
Leasehold improvements	*	$	8,878	$	8,878
Computer equipment	36	4,141		3,321
Office furniture and equipment	60	348		348
Capital in progress	NA	36,044		11,261
Property and equipment—gross		49,411		23,808
Less: accumulated depreciation and amortization		(10,483)		(9,291)
Property and equipment—net		$	38,928	$	14,517

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*Leasehold improvements are amortized over the shorter of the estimated useful lives of the improvements or the remaining lease term.

NA = Not Applicable

Capital in progress primarily consisted of costs related to various leasehold improvements in connection with the new leased space, as described below, that have not yet been placed into service.

Depreciation and amortization expense related to property and equipment was $1.2 million and $1.1 million for the three months ended July 31, 2022 and 2021, respectively.

Accrued Compensation and Employee Benefits

Accrued compensation and employee benefits consisted of the following at July 31, 2022 and April 30, 2022 (in thousands):


	As of July 31,		As of April 30,
	2022		2022
Accrued stock-settled bonus	$	10,163	$	—
Accrued bonus	2,482		16,078
Accrued vacation	3,960		3,814
Accrued payroll taxes and benefits	3,626		3,593
Accrued commission	1,501		1,440
Accrued salaries	7,476		7,298
Accrued compensation and employee benefits	$	29,208	$	32,223

Accrued and Other Current Liabilities

Accrued and other current liabilities consisted of the following at July 31, 2022 and April 30, 2022 (in thousands):


	As of July 31,		As of April 30,
	2022		2022
Liability for common stock exercised prior to vesting	$	1,597	$	1,970
Accrued general expenses	8,016		4,972
Operating lease liabilities, current	2,705		3,613
Commissions payable to a related party	2,422		2,510
Other	2,911		1,809
Accrued and other current liabilities	$	17,651	$	14,874