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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Apr. 30, 2022
Jan. 31, 2022
CURRENT ASSETS:    
Cash and cash equivalents $ 887,489 [1] $ 884,672
Short-term investments 47,292 [1] 50,031
Accounts receivable, net of allowance for doubtful accounts of $491 and $1,098 as of April 30, 2022 and January 31, 2022, respectively 68,009 [1] 77,233
Deferred contract acquisition costs, current 23,904 [1] 24,363
Prepaid expenses and other current assets 17,537 [1] 15,544
Total current assets 1,044,231 [1] 1,051,843
Property and equipment, net 4,347 [1] 3,271
Equity method investment 15,615 0
Goodwill 8,145 8,145
Intangible assets, net 5,684 [1] 6,285
Deferred contract acquisition costs, non-current 13,872 [1] 14,743
Other long-term assets 7,059 [1] 7,151
TOTAL ASSETS 1,098,953 [1] 1,091,438
CURRENT LIABILITIES:    
Accounts payable 5,691 [1] 4,984
Accrued expenses and other current liabilities 29,165 [1] 24,571
Accrued compensation and benefits 11,682 [1] 32,820
Deferred revenue, current 188,062 [1] 179,224
Total current liabilities 234,600 [1] 241,599
Deferred revenue, non-current 27,938 [1] 32,568
Other non-current liabilities 18,213 [1] 18,002
TOTAL LIABILITIES 280,751 [1] 292,169
Commitments and contingencies (Note 14) [1]
STOCKHOLDERS’ EQUITY:    
Preferred stock, $0.0000025 par value; 50,000 shares authorized as of April 30, 2022 and January 31, 2022, respectively; no shares issued and outstanding as of April 30, 2022 and January 31, 2022, respectively 0 [1] 0
Additional paid-in capital 1,355,224 [1] 1,320,479
Accumulated deficit (579,436) [1] (553,337)
Accumulated other comprehensive income 6,306 [1] 7,724
Total GitLab stockholders’ equity 782,094 [1] 774,866
Noncontrolling interests 36,108 [1] 24,403
TOTAL STOCKHOLDERS’ EQUITY 818,202 [1] 799,269
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY 1,098,953 [1] 1,091,438
Class A Common Stock    
STOCKHOLDERS’ EQUITY:    
Common stock, value, issued 0 [1] 0
Class B Common Stock    
STOCKHOLDERS’ EQUITY:    
Common stock, value, issued $ 0 [1] $ 0
[1] (1) As of April 30, 2022 and January 31, 2022, the condensed consolidated balance sheet includes assets of the consolidated variable interest entity, GitLab Information Technology (Hubei) Co., LTD (“JiHu”), of $45.3 million and $17.7 million, respectively, and liabilities of $6.8 million and $3.7 million, respectively. The assets of JiHu can be used only to settle obligations of JiHu and creditors of JiHu do not have recourse against the general credit of the Company. Refer to “Note 11. Joint Venture and Deconsolidation of Majority Owned Subsidiary” for further discussion.