v3.25.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jul. 31, 2025
Jul. 31, 2024
Cash flows provided by operating activities    
Net loss $ (78,589) $ (91,691)
Adjustments to reconcile net loss to net cash provided by operating activities    
Depreciation and amortization expense 39,990 39,607
Amortization of deferred contract costs 6,940 5,393
Non-cash operating lease expense 2,758 3,407
Stock-based compensation expense 93,056 43,624
Loss on impairment and disposal of assets 8,260 30,274
Change in valuation of contingent consideration   (135)
Deferred income taxes 1,325 1,121
Amortization of debt issuance costs 248 127
Provision for credit losses 5,267 1,840
Changes in operating assets and liabilities, net of effect of business acquisition:    
Accounts receivable (12,692) (11,083)
Prepaid expenses and other current assets (8,546) (3,354)
Deferred contract costs (10,164) (5,709)
Contract assets (3,526) (2,449)
Other assets 685 343
Accounts payable and other accrued expenses 2,933 283
Accrued personnel related expenses (21,673) (3,386)
Operating lease liabilities (6,166) (3,877)
Other liabilities 5,190 496
Deferred revenue 474 1,261
Net cash provided by operating activities 25,770 6,092
Cash flows used in investing activities    
Capitalized internal-use software (11,402) (10,200)
Purchase of property and equipment (2,402) (1,801)
Acquisition of business, net of cash acquired   (1,184)
Net cash used in investing activities (13,804) (13,185)
Cash flows provided by (used in) financing activities    
Payment of contingent consideration   (300)
Proceeds from exercise of stock options 18,436 3,214
Payment of debt arrangements (537) (900)
Payment of deferred initial public offering costs (599) (843)
Shares repurchased for tax withholding for the settlement of restricted stock units   (13,565)
Net cash provided by (used in) financing activities 17,300 (12,394)
Net change in cash, cash equivalents, and restricted cash 29,266 (19,487)
Beginning of period 442,846 148,863
End of period 472,112 129,376
Supplemental disclosures of other cash flow information:    
Cash paid for interest expense 3,779 7,920
Cash paid for amounts included in the measurement of lease liabilities 6,782 6,937
Cash paid for income taxes 360 1,402
Tenant improvements received from lessor   1,127
Non-cash investing and financing activities:    
Issuance of common stock in consideration for business acquisition   23,822
Capitalized internal-use software additions included in accrued expenses 1,602 1,429
Stock-based compensation capitalized in internal-use software 2,046 1,935
Property and equipment purchases included in accounts payable and accrued expenses 75 229
Reclassification from liabilities to additional paid-in capital upon vesting of early exercised stock options 30 114
Costs associated with initial public offering included in accrued expenses   4,159
Right-of-use assets obtained in exchange for lease obligation   1,217
Impact of lease modification 486  
Accretion of non-convertible preferred stock 0 26,956
Reconciliation of cash, cash equivalents, and restricted cash within consolidated balance sheets:    
Cash and cash equivalents 471,485 128,101
Restricted cash 627 1,275
Total cash, cash equivalents, and restricted cash shown in the consolidated statements of cash flows $ 472,112 $ 129,376