v3.25.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
May 03, 2025
May 04, 2024
Operating activities    
Net loss $ (22,121) $ (56,289)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 5,142 4,455
Stock-based compensation expense 77,079 64,656
Net accretion of discounts on investments (2,582) (3,993)
Other non-cash adjustments (348) 1,330
Changes in operating assets and liabilities:    
Accounts receivable, net 15,902 15,862
Inventories 1,114 (8,272)
Prepaid expenses and other current assets 1,040 3,932
Connected device costs (5,960) (6,059)
Deferred commissions (6,435) (5,117)
Other assets, non-current (13) 315
Accounts payable and other liabilities (31,236) (9,664)
Deferred revenue 20,610 22,531
Operating lease right-of-use assets and liabilities, net 420 (17)
Net cash provided by operating activities 52,612 23,670
Investing activities    
Purchases of property and equipment (6,920) (5,062)
Purchases of investments (173,141) (142,313)
Proceeds from maturities and redemptions of investments 161,972 150,426
Other investing activities (200) 0
Net cash provided by (used in) investing activities (18,289) 3,051
Financing activities    
Proceeds from issuance of common stock in connection with equity compensation plans 22 808
Payment of principal on finance leases (378) (496)
Net cash provided by (used in) financing activities (356) 312
Effect of foreign exchange rate changes on cash, cash equivalents, and restricted cash 1,125 (103)
Net increase in cash, cash equivalents, and restricted cash 35,092 26,930
Cash, cash equivalents, and restricted cash, beginning of period 245,794 154,738
Cash, cash equivalents, and restricted cash, end of period 280,886 181,668
Supplemental disclosure of cash flow information    
Cash paid for income taxes, net of refunds 3 415
Supplemental disclosures of non-cash investing and financing activities    
Property and equipment accrued but not yet paid $ 636 $ 257