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Balance Sheet Details
 3 Months Ended
Jul. 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 July 31, 2024 and April 30, 2024 (in thousands):
Useful LifeAs of July 31,As of April 30,
(in months)20242024
Leasehold improvements*$72,248 $71,867 
Computer equipment365,316 4,936 
Office furniture and equipment6014,597 14,479 
Capital work-in-progressNA11,986 12,122 
Property and equipment, gross104,147 103,404 
Less: accumulated depreciation and amortization(17,667)(14,773)
Property and equipment, net$86,480 $88,631 
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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 work-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 $2.8 million for the three months ended July 31, 2024 and 2023, respectively.
Accrued Compensation and Employee Benefits
Accrued compensation and employee benefits consisted of the following at July 31, 2024 and April 30, 2024 (in thousands):
As of July 31,As of April 30,
20242024
Accrued stock-settled bonus$19,267 $31,194 
Accrued bonus290 336 
Accrued vacation4,162 4,317 
Accrued payroll taxes and benefits2,915 3,636 
Accrued commissions
2,965 2,826 
Accrued salaries102 225 
ESPP contributions3,923 1,409 
Other303 320 
Accrued compensation and employee benefits$33,927 $44,263 
Accrued and Other Current Liabilities
Accrued and other current liabilities consisted of the following at July 31, 2024 and April 30, 2024 (in thousands):
As of July 31,As of April 30,
20242024
Liability for common stock exercised prior to vesting$161 $266 
Accrued general expenses5,203 2,783 
Operating lease liabilities, current3,822 3,226 
Accrued professional services2,287 2,082 
Other1,332 1,169 
Accrued and other current liabilities$12,805 $9,526