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Balance Sheet Details
 12 Months Ended
Apr. 30, 2025
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 (in thousands):
Useful LifeAs of April 30,
(in months)20252024
Leasehold improvements*$82,510 $71,867 
Computer equipment366,065 4,936 
Office furniture and equipment6015,520 14,479 
Capital work-in progressNA960 12,122 
Property and equipment-gross105,055 103,404 
Less accumulated depreciation(25,757)(14,773)
Property and equipment—net$79,298 $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 $12.2 million, $11.5 million, and $5.0 million for the fiscal years ended April 30, 2025, 2024 and 2023, respectively.
Accrued Compensation and Employee Benefits
Accrued compensation and employee benefits consisted of the following (in thousands):
As of April 30,
20252024
Accrued bonus$37,468 $31,530 
Accrued vacation4,950 4,317 
Accrued payroll taxes and benefits2,033 3,636 
Accrued commission7,244 2,826 
ESPP contributions1,593 1,409 
Other580 545 
Accrued compensation and employee benefits$53,868 $44,263 

Accrued and Other Current Liabilities
Accrued and other current liabilities consisted of the following (in thousands):
As of April 30,
20252024
Accrued general expenses$3,785 $2,140 
Operating lease liabilities, current4,795 3,226 
Accrued professional services7,323 2,082 
Accrued cloud hosting services4,718 643 
Accrued taxes payable3,258 621 
Other2,416 814 
Accrued and other current liabilities$26,295 $9,526