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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Oct. 31, 2024
Oct. 31, 2023
Cash flows from operating activities:    
Net loss $ (1,039,931) $ (256,661)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 21,542 17,788
Stock-based compensation 827,875 2,284
Amortization of deferred commissions 66,372 56,692
Non-cash interest 29,127 10,117
Deferred income taxes 1,527 1,298
Other (4,670) (1,222)
Changes in operating assets and liabilities:    
Accounts receivable (14,312) 13,138
Deferred commissions (90,428) (75,802)
Prepaid expenses and other assets (14,291) 5,861
Accounts payable 3,888 (450)
Accrued expenses and other liabilities 950 (20,740)
Deferred revenue 176,982 230,409
Net cash used in operating activities (35,369) (17,288)
Cash flows from investing activities:    
Purchases of property and equipment (11,296) (9,335)
Capitalized internal-use software (6,902) (6,616)
Purchases of investments (641,292) (221,602)
Sale of investments 27,978 7,503
Maturities of investments 243,912 198,379
Payment for business combination, net of cash acquired 0 (90,328)
Net cash used in investing activities (387,600) (121,999)
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 (432,512) 0
Proceeds from exercise of stock options 6,592 3,081
Proceeds from issuance of common stock under employee stock purchase plan 11,064 0
Payments for deferred offering costs, net (3,545) (2,939)
Proceeds from issuance of debt, net of discount 0 96,525
Payments for debt discount costs (475) 0
Payments for debt issuance costs (233) (225)
Net cash provided by financing activities 396,100 96,442
Effect of exchange rate on cash, cash equivalents, and restricted cash 898 (94)
Net decrease in cash, cash equivalents, and restricted cash (25,971) (42,939)
Cash, cash equivalents, and restricted cash, beginning of year 137,059 140,606
Cash, cash equivalents, and restricted cash, end of year 111,088 97,667
Supplemental cash flow information:    
Cash paid for income taxes, net of refunds 8,769 3,741
Cash paid for interest 5,247 9,518
Non-cash investing and financing activities:    
Transfers of inventory to property and equipment 102 580
Property and equipment received, included in payables and accrued but not paid 537 193
Stock-based compensation capitalized in internal-use software 3,602 0
Deferred offering costs accrued but not paid 0 1,147
Fair value of common stock issued as consideration for business combination $ 0 $ 14,070