XML 17 R7.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jul. 31, 2024
Jul. 31, 2023
CASH FLOW FROM OPERATING ACTIVITIES:    
Net loss $ (139,289) $ (196,407)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 21,110 18,623
Amortization of deferred contract acquisition costs 31,252 22,263
Non-cash operating lease costs 1,939 1,973
Stock-based compensation expense 123,230 108,395
Accretion of discounts and amortization of premiums on investments, net (7,420) (11,089)
Net gain on strategic investments (345) (2,000)
Other 1,887 775
Changes in operating assets and liabilities, net of effects of acquisition    
Accounts receivable 59,258 27,926
Prepaid expenses and other assets 8,942 6,291
Deferred contract acquisition costs (34,901) (30,272)
Accounts payable 10 1,044
Accrued liabilities 5,447 4,386
Accrued payroll and benefits (10,645) (4,393)
Operating lease liabilities (2,800) (2,434)
Deferred revenue (12,583) 15,101
Other liabilities (789) (144)
Net cash provided by (used in) operating activities 44,303 (39,962)
CASH FLOW FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (1,439) (494)
Purchases of intangible assets (133) (213)
Capitalization of internal-use software (14,544) (6,165)
Purchases of investments (442,629) (350,416)
Sales and maturities of investments 404,677 371,996
Cash paid for acquisitions, net of cash acquired (61,553) 0
Net cash (used in) provided by investing activities (115,621) 14,708
CASH FLOW FROM FINANCING ACTIVITIES:    
Issuance of common stock under employee purchase plan (21) 0
Proceeds from exercise of stock options 12,813 13,845
Proceeds from issuance of common stock under the employee stock purchase plan 8,800 6,416
Net cash provided by financing activities 21,592 20,261
NET CHANGE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH (49,726) (4,993)
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH–Beginning of period 322,086 202,406
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH–End of period 272,360 197,413
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Income taxes paid, net of refunds 2,468 977
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Stock-based compensation capitalized as internal-use software 7,656 2,800
Property and equipment purchased but not yet paid 42 525
Internal-use software capitalized but not yet paid 12 68
Vesting of early exercised stock options $ 0 $ 169