Net Loss Per Share Attributable to Common Stockholders

12 Months Ended

Apr. 30, 2023

Net Loss Per Share Attributable to Common Stockholders

Basic net loss per share was the same as diluted net loss per share for the periods presented because the Company was in a loss position for years ended April 30, 2023, 2022 and 2021. For purposes of this calculation, stock options, RSUs, Class A common stock issuable in connection with the 2020 ESPP and early exercised stock options subject to repurchase are considered to be potential common stock equivalents but have been excluded from the calculation of diluted net loss per share attributable to common stockholders as their effect is anti-dilutive.

The following table sets forth the computation of basic and diluted net loss per share attributable to common stockholders (in thousands, except per share data):


	Fiscal Year Ended April 30,
	2023		2022		2021
Numerator
Net loss attributable to common stockholders	$	(268,839)	$	(192,065)	$	(55,696)
Denominator
Basic and diluted weighted-average Class A common shares outstanding	106,351		100,904		56,678
Basic and diluted weighted-average Class A-1 common shares outstanding	—		—		6,667
Basic and diluted weighted-average Class B common shares outstanding	3,500		3,500		3,500
Basic and diluted net loss per share attributable to common stockholders
Basic and diluted net loss per Class A common shares outstanding	$	(2.45)	$	(1.84)	$	(0.90)
Basic and diluted net loss per Class A-1 common shares outstanding	$	—	$	—	$	(0.55)
Basic and diluted net loss per Class B common shares outstanding	$	(2.45)	$	(1.84)	$	(0.35)

The potential shares of common stock that were excluded from the computation of diluted net loss per share attributable to common stockholders for the periods presented because including them would have had an antidilutive effect were as follows (in thousands):


	Fiscal Year Ended April 30,
	2023	2022	2021
Stock options	34,844	36,712	39,578
RSUs	21,146	12,109	447
ESPP	1,525	—	—