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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Jan. 31, 2025
Jan. 31, 2024
Jan. 31, 2025
Jan. 31, 2024
Cash flows from operating activities:        
Net loss $ (80,201) $ (72,631) $ (209,000) $ (206,769)
Adjustments to reconcile net loss to net cash used in operating activities        
Depreciation and amortization     9,215 9,469
Non-cash operating lease cost     270 656
Stock-based compensation expense     174,373 159,032
Accretion of discounts on marketable securities     (10,715) (13,238)
Other     2,158 110
Changes in operating assets and liabilities        
Accounts receivable [1]     (52,017) (38,892)
Prepaid expenses, other current assets and other assets [2]     587 (3,379)
Accounts payable [3]     16,916 (4,945)
Accrued compensation and employee benefits     7,648 171
Operating lease liabilities     1,439 14,330
Other liabilities [4]     12,462 6,296
Deferred revenue [5]     (6,007) (6,546)
Net cash used in operating activities     (52,671) (83,705)
Cash flows from investing activities:        
Purchases of property and equipment     (2,101) (22,718)
Capitalized software development costs     0 (2,750)
Purchases of marketable securities     (518,806) (657,431)
Maturities and sales of marketable securities     514,365 590,299
Net cash used in investing activities     (6,542) (92,600)
Cash flows from financing activities:        
Proceeds from issuance of Class A common stock under employee stock purchase plan     5,009 5,055
Proceeds from exercise of Class A common stock options     19,648 11,379
Taxes paid related to net share settlement of equity awards     (7,496) (10,397)
Net cash provided by financing activities     17,161 6,037
Net decrease in cash, cash equivalents and restricted cash     (42,052) (170,268)
Cash, cash equivalents and restricted cash at beginning of period     179,712 297,395
Cash and cash equivalents 125,094 114,561 125,094 114,561
Restricted cash included in other assets, non-current 12,566 12,566 12,566 12,566
Cash, cash equivalents and restricted cash at end of period 137,660 127,127 137,660 127,127
Cash and cash equivalents 125,094 114,561 125,094 114,561
Restricted cash included in other assets, non-current 12,566 12,566 12,566 12,566
Total cash, cash equivalents and restricted cash 137,660 127,127 137,660 127,127
Cash and cash equivalents 125,094 114,561 125,094 114,561
Restricted cash included in other assets, non-current $ 12,566 $ 12,566 12,566 12,566
Supplemental disclosure of cash flow information—cash paid for income taxes     743 760
Supplemental disclosures of non-cash investing and financing activities:        
Purchases of property and equipment included in accounts payable and accrued liabilities     527 2,475
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)     1,016 1,858
Vesting of early exercised stock options     $ 251 $ 406
[1] Including changes in related party balances of $12,444 for the nine months ended January 31, 2024.
[2] Including changes in related party balances of $(810) for the nine months ended January 31, 2024.
[3] Including changes in related party balances of $248 for the nine months ended January 31, 2024.
[4] Including changes in related party balances of $(2,448) for the nine months ended January 31, 2024.
[5] Including changes in related party balances of $(46) for the nine months ended January 31, 2024.