Leases (Tables)

12 Months Ended

Apr. 30, 2023

Leases [Abstract]

Schedule of Components of Lease Costs and Supplemental Cash Flow, Balance Sheet, and Lease Terms Information

The components of total lease costs, including variable lease costs, for the fiscal years ended April 30, 2023 and 2022 were as follows (in thousands):

	Fiscal Year Ended April 30,
Lease Costs	2023		2022
Operating lease costs	$	8,359	$	5,587
Short term lease costs	1,624		1,538
Variable lease costs	3,494		1,892
Sublease income	(26)		—
Total lease costs, net	$	13,451	$	9,017

Supplemental cash flow information and non-cash activity related to leases was as follows (in thousands):

	Fiscal Year Ended April 30,
	2023		2022		2021
Cash payments included in the measurement of operating lease liabilities – operating cash flows	$	5,250	$	4,667	$	4,031
Right-of-use assets obtained in exchange for lease obligations (including remeasurement of right-of-use assets and lease liabilities due to changes in the timing of receipt of lease incentives)	$	(5,589)	$	26,529	$	—
Right-of-use assets obtained in exchange for lease obligations arising from lease modifications	$	3,093	$	1,572	$	—

The following table presents the lease balances within the consolidated balance sheets, weighted-average remaining lease term, and weighted-average discount rates related to the Company’s operating leases (in thousands):

		As of April 30,
Operating leases		2023		2022
Right-of-use assets	Other assets, non-current	$	17,572	$	29,010
Lease liabilities, current	Other current liabilities	2,339		3,613
Lease liabilities, non-current	Other long-term liabilities	37,320		26,851
Total operating lease liabilities		$	39,659	$	30,464

	As of April 30,
Operating leases	2023		2022
Weighted average remaining lease term (in years)	9.9		9.7
Weighted average discount rate	8.1	%	3.5	%

Schedule of Maturities of Operating Lease Liabilities

Future minimum payments under lease obligations as of April 30, 2023 were as follows (in thousands):

	As of April 30, 2023
Fiscal 2024	$	6,136
Fiscal 2025	7,458
Fiscal 2026	7,744
Fiscal 2027	7,983
Fiscal 2028	8,229
Fiscal 2029 and thereafter	44,137
Total future minimum lease payments	81,687
Less: Tenant improvement allowance	(15,932)
Less: Imputed interest	(26,096)
Total operating lease liabilities	$	39,659