XML 13 R2.htm IDEA: XBRL DOCUMENT v3.23.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jul. 31, 2023
Jan. 31, 2023
CURRENT ASSETS:    
Cash and cash equivalents [1] $ 273,225 $ 295,402
Short-term investments [1] 713,058 641,249
Accounts receivable, net of allowance for doubtful accounts of $180 and $1,564 as of July 31, 2023 and January 31, 2023, respectively [1] 105,815 130,479
Deferred contract acquisition costs, current [1] 25,069 26,505
Prepaid expenses and other current assets [1] 26,053 24,327
Total current assets [1] 1,143,220 1,117,962
Property and equipment, net [1] 4,080 5,797
Operating lease right-of-use assets 673 [1] 998
Equity method investment [1] 10,574 12,682
Goodwill [1] 8,145 8,145
Intangible assets, net [1] 2,774 3,901
Deferred contract acquisition costs, non-current [1] 14,743 15,628
Other long-term assets [1] 4,860 4,087
TOTAL ASSETS [1] 1,189,069 1,169,200
CURRENT LIABILITIES:    
Accounts payable [1] 4,165 5,184
Accrued expenses and other current liabilities [1] 24,643 25,954
Accrued compensation and benefits [1] 23,504 20,776
Deferred revenue, current [1] 268,883 254,382
Total current liabilities [1] 321,195 306,296
Deferred revenue, non-current [1] 25,860 28,355
Other non-current liabilities [1] 10,774 9,824
TOTAL LIABILITIES [1] 357,829 344,475
Commitments and contingencies (Note 15) [1]
STOCKHOLDERS’ EQUITY:    
Preferred stock, $0.0000025 par value; 50,000 shares authorized as of July 31, 2023 and January 31, 2023; no shares issued and outstanding as of July 31, 2023 and January 31, 2023 [1] 0 0
Additional paid-in capital [1] 1,610,072 1,497,373
Accumulated deficit [1] (828,197) (725,648)
Accumulated other comprehensive income (loss) [1] 1,782 (705)
Total GitLab stockholders’ equity [1] 783,657 771,020
Noncontrolling interests [1] 47,583 53,705
TOTAL STOCKHOLDERS’ EQUITY [1] 831,240 824,725
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY [1] 1,189,069 1,169,200
Class A Common Stock    
STOCKHOLDERS’ EQUITY:    
Common stock, value, issued [1] 0 0
Class B Common Stock    
STOCKHOLDERS’ EQUITY:    
Common stock, value, issued [1] $ 0 $ 0
[1] (1) As of July 31, 2023 and January 31, 2023, the condensed consolidated balance sheet includes assets of the consolidated variable interest entity, GitLab Information Technology (Hubei) Co., LTD (“JiHu”), of $52.5 million and $62.8 million, respectively, and liabilities of $7.3 million and $8.9 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 12. Joint Venture and Equity Method Investment” for further discussion.