| Net Loss Per Share |
The following table sets forth the computation of basic and diluted net loss per share attributable to common stockholders (in thousands, except share and per share data):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended July 31, |
|
|
Six Months Ended July 31, |
|
|
|
2025 |
|
|
2024 |
|
|
2025 |
|
|
2024 |
|
Net loss |
|
$ |
(32,225 |
) |
|
$ |
(35,652 |
) |
|
$ |
(78,589 |
) |
|
$ |
(91,691 |
) |
Accretion of non-convertible preferred stock |
|
|
— |
|
|
|
(13,969 |
) |
|
|
— |
|
|
|
(26,956 |
) |
Net loss attributable to common stockholders |
|
$ |
(32,225 |
) |
|
$ |
(49,621 |
) |
|
$ |
(78,589 |
) |
|
$ |
(118,647 |
) |
Weighted-average shares outstanding used in
computing net loss per share, basic and diluted |
|
|
91,687,907 |
|
|
|
34,789,424 |
|
|
|
91,041,726 |
|
|
|
34,485,622 |
|
Net loss per share, basic and diluted |
|
$ |
(0.35 |
) |
|
$ |
(1.43 |
) |
|
$ |
(0.86 |
) |
|
$ |
(3.44 |
) |
The following potentially dilutive securities were excluded from the computation of diluted net loss per share attributable to common stockholders as of July 31, 2025 and 2024 because including them would have been anti-dilutive:
|
|
|
|
|
|
|
|
|
|
|
As of July 31, |
|
|
|
2025 |
|
|
2024 |
|
Redeemable convertible preferred stock |
|
|
— |
|
|
|
42,465,855 |
|
Stock options with service-only conditions |
|
|
4,419,888 |
|
|
|
6,207,303 |
|
Unvested RSUs with service-only conditions |
|
|
5,288,879 |
|
|
|
3,980,262 |
|
Stock options with performance or market conditions |
|
|
779,488 |
|
|
|
1,140,924 |
|
Unvested early exercise of options |
|
|
31,754 |
|
|
|
40,088 |
|
Unvested RSAs with service-only conditions |
|
|
— |
|
|
|
39,872 |
|
Acquisition indemnity shares withheld |
|
|
— |
|
|
|
41,959 |
|
Unvested RSUs with performance conditions |
|
|
7,364,442 |
|
|
|
1,519,746 |
|
|