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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Oct. 31, 2021
Oct. 31, 2020
Cash flows from operating activities:    
Net loss $ (547,795) $ (340,167)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 15,586 6,611
Non-cash operating lease costs 25,895 24,840
Amortization of deferred commissions 26,824 21,233
Stock-based compensation, net of amounts capitalized 459,392 157,790
Net amortization of premiums on investments 36,938 1,117
Unrealized gains on strategic investments in equity securities (8,515) 0
Other 2,535 4,073
Changes in operating assets and liabilities, net of effect of business combinations:    
Accounts receivable 39,142 9,221
Deferred commissions (52,892) (27,261)
Prepaid expenses and other assets (112,798) (29,480)
Accounts payable 4,591 (3,806)
Accrued expenses and other liabilities 43,106 22,477
Operating lease liabilities (24,758) (23,418)
Deferred revenue 124,030 111,739
Net cash provided by (used in) operating activities 31,281 (65,031)
Cash flows from investing activities:    
Purchases of property and equipment (12,209) (24,018)
Capitalized internal-use software development costs (8,612) (4,014)
Cash paid for business combinations, net of cash acquired 0 (6,035)
Purchases of intangible assets (11,182) (6,184)
Purchases of investments (3,042,396) (1,235,020)
Sales of investments 407,003 28,705
Maturities and redemptions of investments 2,610,429 371,528
Net cash used in investing activities (56,967) (875,038)
Cash flows from financing activities:    
Proceeds from issuance of redeemable convertible preferred stock, net of issuance costs 0 478,573
Proceeds from initial public offering and private placements, net of underwriting discounts 0 4,242,284
Proceeds from early exercised stock options 0 159
Proceeds from exercise of stock options 90,444 31,100
Proceeds from issuance of common stock under the employee stock purchase plan 52,227 0
Proceeds from repayments of a nonrecourse promissory note 0 2,090
Repurchases of early exercised stock options 0 (30)
Payments of deferred purchase consideration for business combinations 0 (1,164)
Net cash provided by financing activities 142,671 4,753,012
Effect of exchange rate changes on cash, cash equivalents, and restricted cash 21 0
Net increase in cash, cash equivalents, and restricted cash 117,006 3,812,943
Cash, cash equivalents, and restricted cash—beginning of period 835,193 141,976
Cash, cash equivalents, and restricted cash—end of period 952,199 3,954,919
Supplemental disclosures of non-cash investing and financing activities:    
Property and equipment included in accounts payable and accrued expenses 3,115 2,803
Stock-based compensation included in capitalized software development costs 18,923 1,020
Vesting of early exercised stock options and restricted common stock 615 3,251
Intangible assets included in accrued expenses and other liabilities 4,544 0
Reconciliation of cash, cash equivalents, and restricted cash:    
Cash and cash equivalents 935,217 3,939,925
Restricted cash – included in other assets and prepaid expenses and other current assets 16,982 14,994
Total cash, cash equivalents, and restricted cash $ 952,199 $ 3,954,919