Revenue Recognition (Tables)

9 Months Ended

Jan. 28, 2023

Revenue Recognition and Deferred Revenue [Abstract]

Revenue Disaggregated by Primary Geographical Market

The following table summarizes revenue disaggregated by primary geographical market based on destination of shipment and location of contracting entity, which may differ from the customer’s principal offices (in thousands):

	Three Months Ended				Nine Months Ended
	January 28, 2023		January 31, 2022		January 28, 2023		January 31, 2022
Mainland China	$	29,233	$	14,729	$	83,412	$	24,065
United States	16,513		5,924		35,001		18,999
Hong Kong	1,583		3,277		8,636		6,257
Singapore	—		2,380		4,150		7,342
Rest of World	6,941		5,490		20,907		12,288
	$	54,270	$	31,800	$	152,106	$	68,951

Schedule of Weighted-Average Assumptions used in Black-Scholes Option Pricing Model

The grant date fair value of the Warrant share was estimated using the following assumptions:

	At Grant Date
Expected volatility	40.00%
Weighted-average expected term (in years)	7.00
Risk-free interest rate	1.41%
Dividend yield	—%
Fair value per ordinary share	$10.74