v3.26.1
NET LOSS PER SHARE
6 Months Ended
Jul. 31, 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 July 31,Six Months Ended July 31,
2026202520262025
Net loss$(29,117)$(38,623)$(49,623)$(99,880)
Weighted-average shares outstanding used to compute net loss per share attributable to common stockholders, basic and diluted256,369,621 46,546,290 253,375,867 46,350,553 
Net loss per share attributable to common stockholders, basic and diluted$(0.11)$(0.83)$(0.20)$(2.15)
During the three and six months ended July 31, 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 July 31,
20262025
Redeemable convertible preferred shares— 146,360,207 
Stock options issued and outstanding31,865,065 41,581,733 
RSUs issued and outstanding21,737,477 7,771,766 
ESPP733,515 — 
Warrants to purchase redeemable convertible preferred stock— 40,160 
Warrants to purchase common stock— 1,211,223 
Shares of common stock subject to repurchase1,740 21,751 
Convertible notes— 12,273,965 
SAFEs— 7,526,948 
Total antidilutive securities54,337,797 216,787,753