Consolidated Balance Sheets - USD ($) $ in Thousands	May 03, 2025	Apr. 27, 2024
Current assets:
Cash and cash equivalents	$ 236,328	$ 66,942
Short-term investments	195,010	343,061
Accounts receivable	162,144	59,662
Inventories	90,029	25,907
Other current assets	30,023	34,693
Total current assets	713,534	530,265
Property and equipment, net	63,631	43,665
Right of use assets	15,234	13,077
Other non-current assets	16,858	14,925
Total assets	809,257	601,932
Current liabilities:
Accounts payable	56,158	13,417
Accrued compensation and benefits	16,097	9,000
Other current liabilities	35,456	22,203
Total current liabilities	107,711	44,620
Non-current operating lease liabilities	12,693	11,133
Other non-current liabilities	7,271	5,981
Total liabilities	127,675	61,734
Commitments and contingencies (Note 7)
Shareholders' equity:
Ordinary shares, $0.00005 par value; 1,000,000 shares authorized; 171,169 and 164,305 shares issued and outstanding at May 3, 2025 and April 27, 2024, respectively	8	8
Additional paid in capital	765,173	676,054
Accumulated other comprehensive loss	(437)	(519)
Accumulated deficit	(83,162)	(135,345)
Total shareholders' equity	681,582	540,198
Total liabilities and shareholders' equity	$ 809,257	$ 601,932