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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jul. 31, 2024
Jul. 31, 2023
Cash flows from operating activities:    
Net loss $ (909,021) $ (170,394)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 14,144 11,562
Stock-based compensation 735,348 1,632
Amortization of deferred commissions 42,433 36,070
Non-cash interest 19,155 6,028
Deferred income taxes 1,409 1,600
Other (1,492) (718)
Changes in operating assets and liabilities:    
Accounts receivable (4,829) (929)
Deferred commissions (70,159) (55,577)
Prepaid expenses and other assets (3,347) 17,119
Accounts payable 4,873 (285)
Accrued expenses and other liabilities 17,748 (25,439)
Deferred revenue 95,274 155,126
Net cash used in operating activities (58,464) (24,205)
Cash flows from investing activities:    
Purchases of property and equipment (6,227) (7,867)
Capitalized internal-use software (4,444) (4,622)
Purchases of investments (449,323) (149,836)
Sale of investments 27,978 7,503
Maturities of investments 116,555 132,604
Net cash used in investing activities (315,461) (22,218)
Cash flows from financing activities:    
Proceeds from initial public offering and underwriters' exercise of over-allotment option, net of underwriting discounts and commissions 815,209 0
Taxes paid related to net share settlement of equity awards (430,300) 0
Proceeds from exercise of stock options 3,718 1,951
Payments for deferred offering costs, net (3,545) (1,225)
Payments for debt discount costs (475) 0
Payments for debt issuance costs (233) 0
Net cash provided by financing activities 384,374 726
Effect of exchange rate on cash, cash equivalents, and restricted cash 397 879
Net increase (decrease) in cash, cash equivalents, and restricted cash 10,846 (44,818)
Cash, cash equivalents, and restricted cash, beginning of year 137,059 140,606
Cash, cash equivalents, and restricted cash, end of year 147,905 95,788
Supplemental cash flow information:    
Cash paid for income taxes, net of refunds 4,706 2,643
Cash paid for interest 247 0
Non-cash investing and financing activities:    
Transfers of inventory to property and equipment 66 569
Property and equipment received, included in payables and accrued but not paid 274 316
Stock-based compensation capitalized in internal-use software 1,863 0
Deferred offering costs accrued but not paid $ 0 $ 591