XML 21 R7.htm IDEA: XBRL DOCUMENT v3.22.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Jan. 31, 2022
Jan. 31, 2021
Jan. 31, 2020
Cash flows from operating activities      
Net loss $ (290,138) $ (83,515) $ (53,370)
Adjustments to reconcile net loss to cash from operating activities:      
Stock-based compensation expense 200,568 39,223 9,461
Depreciation and amortization expense 2,498 888 235
Non-cash operating lease cost 2,382 2,098 1,263
Other 14 57 5
Changes in operating assets and liabilities:      
Accounts receivable (33,364) (41,407) (27,698)
Deferred contract acquisition costs (39,086) (19,984) (15,920)
Prepaid expenses and other assets (13,626) 2,653 (3,436)
Accounts payable 8,464 1,093 2,423
Accrued expenses and other liabilities (895) 3,277 360
Accrued compensation and benefits 32,379 7,536 6,646
Operating lease liabilities (2,567) (1,789) (801)
Deferred revenue 75,992 46,911 45,605
Customer deposits 1,164 3,336 6,862
Net cash used in operating activities (56,215) (39,623) (28,365)
Cash flows from investing activities      
Purchases of property and equipment (214) (4,304) (980)
Capitalized internal-use software (6,382) (2,920)  
Purchase of short-term investments   (50,000) (120,000)
Proceeds from maturities of short-term investments   80,000 167,000
Net cash (used in) provided by investing activities (6,596) 22,776 46,020
Cash flows from financing activities      
Proceeds from initial public offering, net of underwriting discounts and commissions 1,252,974    
Taxes paid related to net share settlement of equity awards (105,642)    
Payments of loan issuance costs   (229)  
Proceeds from issuance of redeemable convertible preferred stock, net of issuance costs   174,724  
Proceeds from issuance of common stock upon exercise of stock options 5,036 2,629 1,048
Proceeds from issuance of common stock related to early exercised stock options     23
Payments of deferred offering costs (4,522)    
Net cash provided by financing activities 1,147,846 177,124 1,071
Net increase in cash, cash equivalents, and restricted cash 1,085,035 160,277 18,726
Cash, cash equivalents, and restricted cash beginning of period 272,576 112,299 93,573
Cash, cash equivalents, and restricted cash end of period 1,357,611 272,576 112,299
Supplemental disclosure of cash flow information      
Cash paid for income taxes 739 452 119
Cash paid for operating lease liabilities 3,291 2,479 1,379
Supplemental disclosure of noncash investing and financing activities      
Purchase of property and equipment included in accounts payable     1,283
Operating lease right-of-use assets obtained in exchange for new lease obligations 2,036   10,829
Tenant allowance included in prepaid expenses and other current assets     1,666
Unpaid deferred offering costs 1,527    
Unpaid taxes related to net share settlement of equity awards 5,347    
Conversion of convertible preferred stock to common stock upon initial public offering 349,113    
Capitalized stock-based compensation expense 3,562    
Vesting of early exercised stock options $ 18 $ 99 $ 190