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Balance Sheet Details
 9 Months Ended
Jan. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Balance Sheet Details Balance Sheet Details
Property and Equipment, Net
Property and equipment consisted of the following at January 31, 2024 and April 30, 2023 (in thousands):
Useful LifeAs of January 31,As of April 30,
(in months)20242023
Leasehold improvements*$71,703 $66,522 
Computer equipment365,620 4,901 
Office furniture and equipment6014,494 14,343 
Capital in progressNA12,042 3,140 
Property and equipment, gross103,859 88,906 
Less: accumulated depreciation and amortization(12,856)(4,328)
Property and equipment, net$91,003 $84,578 
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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 leased space that is not considered available for use and has not yet been placed into service.
Depreciation and amortization expense related to property and equipment was $2.9 million and $0.5 million for the three months ended January 31, 2024 and 2023, respectively, and $8.5 million and $2.4 million for the nine months ended January 31, 2024 and 2023, respectively.
Accrued Compensation and Employee Benefits
Accrued compensation and employee benefits consisted of the following at January 31, 2024 and April 30, 2023 (in thousands):
As of January 31,As of April 30,
20242023
Accrued stock-settled bonus$21,522 $32,414 
Accrued bonus296 186 
Accrued vacation3,948 4,602 
Accrued payroll taxes and benefits3,166 3,975 
Accrued commissions
3,181 2,889 
Accrued salaries414 206 
ESPP contributions4,383 1,339 
Other912 902 
Accrued compensation and employee benefits$37,822 $46,513 
Accrued and Other Current Liabilities
Accrued and other current liabilities consisted of the following at January 31, 2024 and April 30, 2023 (in thousands):
As of January 31,As of April 30,
20242023
Liability for common stock exercised prior to vesting$385 $799 
Accrued general expenses3,131 5,541 
Operating lease liabilities, current2,936 2,339 
Accrued professional services2,286 2,889 
Commissions payable to a related party— 2,448 
Other3,653 3,054 
Accrued and other current liabilities$12,391 $17,070