Net Income (Loss) Per Share

12 Months Ended

Apr. 30, 2022

Earnings Per Share [Abstract]

Net Income (Loss) Per Share

Net Income (Loss) Per Share

Net loss per share was determined as follows for the years presented (in thousands, except per share amounts):

	Year Ended April 30,
	2022		2021		2020
Numerator:
Net income (loss)	$	(22,176)	$	(27,511)	$	1,329
Less: Undistributed earnings attributed to participating securities	$	—	$	—	$	(1,329)
Net loss attributable to ordinary shareholders	$	(22,176)	$	(27,511)	$	—
Denominators:
Weighted-average shares outstanding used in basic and diluted calculation	88,398		69,099		71,728
Net loss per share attributable to ordinary shareholders
Basic and diluted	$	(0.25)	$	(0.40)	$	—

The following potentially dilutive securities outstanding have been excluded from the computations of diluted weighted average shares outstanding for the years ended April 30, 2022, 2021 and 2020 because such securities have an anti-dilutive impact due to losses reported:

	Year Ended April 30,
	2022	2021	2020
Options and RSAs	10,766	10,309	9,178
RSUs	870	—	—
Customer warrant	1,386	—	—
Convertible preferred shares	—	44,803	23,092
	13,022	55,112	32,270