Consolidated Balance Sheets - USD ($) $ in Thousands	Apr. 27, 2024	Apr. 29, 2023
Current Assets:
Cash and cash equivalents	$ 66,942	$ 108,583
Short-term investments	343,061	109,228
Accounts receivable	59,662	49,541
Inventories	25,907	46,023
Contract assets	21,562	9,445
Prepaid expenses and other current assets	13,131	5,412
Total current assets	530,265	328,232
Property and equipment, net	43,665	40,222
Right of use assets	13,077	14,860
Other non-current assets	14,925	13,975
Total assets	601,932	397,289
Current Liabilities:
Accounts payable	13,417	6,067
Accrued compensation and benefits	9,000	6,471
Accrued expenses and other current liabilities	18,301	14,454
Deferred revenue	3,902	4,040
Total current liabilities	44,620	31,032
Non-current operating lease liabilities	11,133	12,869
Other non-current liabilities	5,981	5,753
Total liabilities	61,734	49,654
Commitments and contingencies (Note 7)
Shareholders' equity:
Ordinary shares, $0.00005 par value; 1,000,000 shares authorized; 164,305 and 148,651 shares issued and outstanding at April 27, 2024 and April 29, 2023, respectively	8	7
Additional paid in capital	676,054	454,795
Accumulated other comprehensive loss	(519)	(191)
Accumulated deficit	(135,345)	(106,976)
Total shareholders' equity	540,198	347,635
Total liabilities and shareholders' equity	$ 601,932	$ 397,289