Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jan. 27, 2024	Apr. 29, 2023
Current assets:
Cash and cash equivalents	$ 96,073	$ 108,583
Short-term investments	313,061	109,228
Accounts receivable	44,760	49,541
Inventories	31,507	46,023
Contract assets	17,909	9,445
Prepaid expenses and other current assets	8,133	5,412
Total current assets	511,443	328,232
Property and equipment, net	44,899	40,222
Right of use assets	13,634	14,860
Other non-current assets	22,490	13,975
Total assets	592,466	397,289
Current liabilities:
Accounts payable	10,294	6,067
Accrued compensation and benefits	6,913	6,471
Accrued expenses and other current liabilities	18,268	14,454
Deferred revenue	4,722	4,040
Total current liabilities	40,197	31,032
Non-current operating lease liabilities	11,601	12,869
Other non-current liabilities	6,701	5,753
Total liabilities	58,499	49,654
Commitments and contingencies (Note 7)
Shareholders' equity:
Ordinary shares, $0.00005 par value; 1,000,000 shares authorized; 163,068 and 148,651 shares issued and outstanding at January 27, 2024 and April 29, 2023, respectively	8	7
Additional paid in capital	659,162	454,795
Accumulated other comprehensive loss	(335)	(191)
Accumulated deficit	(124,868)	(106,976)
Total shareholders' equity	533,967	347,635
Total liabilities and shareholders' equity	$ 592,466	$ 397,289