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Income Taxes (Tables)
 12 Months Ended
Apr. 30, 2020
Income Tax Disclosure [Abstract]  
Summary of Geographical Breakdown of Income (Loss) Before Provision for Income Taxes The geographical breakdown of income (loss) before provision for income taxes is summarized as follows (in thousands):
Year Ended April 30,
202020192018
Dutch$(173,338) $(121,803) $(58,810) 
Foreign4,196  23,888  9,459  
Loss before income taxes$(169,142) $(97,915) $(49,351) 
Summary of Provision for Income Taxes
The components of the provision for income taxes were as follows (in thousands):
Year Ended April 30,
202020192018
Current:
Dutch$518  $—  $—  
Foreign(560) 912  3,731  
Total current tax expense$(42) $912  $3,731  
Deferred:
Dutch$—  $(233) $—  
Foreign(1,926) 3,709  (355) 
Total deferred tax expense(1,926) 3,476  (355) 
Total provision for income taxes$(1,968) $4,388  $3,376  
Summary of Reconciliation of Income Taxes Statutory Income Tax Rate to Provision for Income Taxes A reconciliation of
income taxes at the statutory income tax rate to the provision for income taxes included in the consolidated statement of operations is as follows (in thousands, except for rates):
Year Ended April 30,
202020192018
Tax
Rate
Tax
Rate
Tax
Rate
Dutch statutory income tax$(42,286) 25.0 %$(24,479) 25.0 %$(12,338) 25.0 %
Foreign income taxed at different rates313  (0.2)%(310) 0.3 %(670) 1.4 %
Stock-based compensation(53,050) 31.4 %(24,848) 25.3 %4,669  (9.4)%
Research and development credits(7,771) 4.6 %(2,161) 2.2 %(697) 1.4 %
Change in valuation allowance97,734  (57.8)%43,071  (44.0)%11,495  (23.3)%
Deferred tax asset revaluation1,991  (1.2)%11,883  (12.1)%1,081  (2.2)%
Other1,101  (0.6)%1,232  (1.2)%(164) 0.3 %
Provision for income taxes$(1,968) 1.2 %$4,388  (4.5)%$3,376  (6.8)%
Summary of Components of Deferred Tax Assets
Significant components of the Company’s deferred tax assets are summarized as follows (in thousands):
As of April 30,
20202019
Deferred tax assets:
Accrued compensation$3,267  $1,685  
Net operating loss carryforward208,629  84,194  
Deferred revenue3,876  —  
Intangibles/assets—  2,321  
Stock-based compensation7,203  4,089  
Research and development credits15,333  3,584  
Other3,882  1,875  
Gross deferred tax assets242,190  97,748  
Less valuation allowance(225,197) (92,309) 
Total deferred tax assets$16,993  $5,439  
Deferred tax liabilities:
Deferred contract acquisition costs$(8,423) $(5,878) 
Intangible assets(8,841) —  
Deferred revenue—  (858) 
Other(218) (674) 
Gross deferred tax liabilities(17,482) (7,410) 
Net deferred tax assets (liabilities)$(489) $(1,971) 
Summary of Unrecognized Gross Tax Benefits The activity within the Company’s unrecognized gross tax benefits is summarized as follows (in thousands):
As of April 30,
202020192018
Balance as of beginning of year$3,870  $2,019  $1,196  
Increase related to tax positions taken in prior periods2,283  240  6  
Increase related to tax positions taken in the current period3,553  1,611  817  
Balance as of end of year$9,706  $3,870  $2,019  
Approximately