v3.26.1
Restructuring
12 Months Ended
Apr. 30, 2026
Restructuring and Related Activities [Abstract]  
Restructuring Restructuring
On February 24, 2026, the Company's Board of Directors approved a restructuring plan (the “Plan”) intended to improve operating efficiency and reposition the Company for long-term success. The Plan includes (i) a target reduction of approximately 26% of the Company's global workforce, representing approximately 280 full-time employees, which was completed during the fourth quarter of fiscal year 2026, and (ii) a target reduction of approximately 30% in annualized vendor-related costs through contract termination and rationalization actions, which is expected to be completed by approximately the second quarter of fiscal year 2027. The Company recognized restructuring charges of $10.8 million during the fiscal year ended April 30, 2026, of which $5.2 million represented cash-based severance and related employee termination costs, all of which were paid during the fiscal year ended April 30, 2026, and $5.6 million represented non-cash charges related to stock-based compensation and write-off of property and equipment.