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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jul. 31, 2021
Jul. 31, 2020
Cash flows from operating activities:    
Net loss $ (392,939) $ (171,278)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 10,068 3,762
Non-cash operating lease costs 17,040 16,337
Amortization of deferred commissions 17,157 14,066
Stock-based compensation, net of amounts capitalized 315,005 38,649
Net amortization of premiums on investments 25,351 226
Unrealized gains on strategic investments in privately-held equity securities (8,060) 0
Other 2,782 4,049
Changes in operating assets and liabilities, net of effect of business combinations:    
Accounts receivable 55,896 27,129
Deferred commissions (33,931) (14,266)
Prepaid expenses and other assets (70,088) (1,452)
Accounts payable 3,722 (2,843)
Accrued expenses and other liabilities 23,720 10,993
Operating lease liabilities (15,992) (17,404)
Deferred revenue 66,012 46,755
Net cash provided by (used in) operating activities 15,743 (45,277)
Cash flows from investing activities:    
Purchases of property and equipment (9,927) (6,748)
Capitalized internal-use software development costs (4,824) (3,170)
Cash paid for business combinations, net of cash acquired 0 (6,035)
Purchases of intangible assets (11,182) (6,184)
Purchases of investments (1,988,633) (612,635)
Sales of investments 392,312 3,510
Maturities and redemptions of investments 1,394,223 189,859
Net cash used in investing activities (228,031) (441,403)
Cash flows from financing activities:    
Proceeds from issuance of redeemable convertible preferred stock, net of issuance costs 0 478,573
Proceeds from early exercised stock options 0 159
Proceeds from exercise of stock options 65,865 20,736
Proceeds from issuance of common stock under the employee stock purchase plan 26,398 0
Proceeds from repayments of a nonrecourse promissory note 0 2,090
Repurchases of early exercised stock options 0 (30)
Payments of deferred offering costs 0 (2,336)
Payment of deferred purchase consideration for a business combination 0 (600)
Net cash provided by financing activities 92,263 498,592
Effect of exchange rate changes on cash, cash equivalents, and restricted cash 215 0
Net increase (decrease) in cash, cash equivalents, and restricted cash (119,810) 11,912
Cash, cash equivalents, and restricted cash—beginning of period 835,193 141,976
Cash, cash equivalents, and restricted cash—end of period 715,383 153,888
Supplemental disclosures of non-cash investing and financing activities:    
Property and equipment included in accounts payable and accrued expenses 1,190 8,349
Stock-based compensation included in capitalized software development costs 13,058 736
Intangible assets included in accrued expenses and other liabilities 4,544 0
Reconciliation of cash, cash equivalents, and restricted cash:    
Cash and cash equivalents 698,548 138,900
Restricted cash – included in other assets and prepaid expenses and other current assets 16,835 14,988
Total cash, cash equivalents, and restricted cash $ 715,383 $ 153,888