v3.26.1
Net Loss Per Share
3 Months Ended
Apr. 30, 2026
Earnings Per Share [Abstract]  
Net Loss Per Share
NOTE 11 - NET LOSS PER SHARE
The rights, including the liquidation and dividend rights, of the holders of Class A and Class B common stock are identical, except with respect to voting and conversion rights. As the liquidation and dividend rights are identical, the undistributed earnings are allocated on a proportionate basis to each class of common stock and the resulting basic and diluted net loss per share attributable to common stockholders are the same for both Class A and Class B common stock on both an individual and combined basis.
The following table presents 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 April 30,
20262025
Net loss$(20,506)$(61,257)
Weighted-average shares outstanding used to compute net loss per share attributable to common stockholders, basic and diluted250,281,201 46,145,251 
Net loss per share attributable to common stockholders, basic and diluted$(0.08)$(1.33)
During the three months ended April 30, 2026 and 2025, the Company was in a net loss position. As a result, basic net loss per share is the same as diluted net loss per share, as the inclusion of all potential shares of common stock outstanding would have been antidilutive. The potential shares of common stock that were excluded from the computation of diluted net loss per share attributable to common
stockholders for the periods presented because including them would have been antidilutive are as follows:
As of April 30,
20262025
Redeemable convertible preferred shares— 146,360,207 
Stock options issued and outstanding37,455,860 42,312,726 
RSUs issued and outstanding18,806,310 7,150,664 
ESPP440,790 — 
Warrants to purchase redeemable convertible preferred stock— 40,160 
Warrants to purchase common stock— 1,216,176 
Shares of common stock subject to repurchase3,311 36,180 
Convertible notes— 12,948,711 
SAFEs— 7,949,060 
Total antidilutive securities56,706,271 218,013,884