XML 17 R6.htm IDEA: XBRL DOCUMENT v3.24.3
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Nov. 02, 2024
Oct. 28, 2023
Operating activities    
Net loss $ (143,705) $ (173,355)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 15,845 10,839
Stock-based compensation expense 208,852 172,395
Net accretion of discounts on investments (12,173) (12,727)
Lease modification, impairment, and related charges 3,609 4,762
Other non-cash adjustments 3,992 2,046
Changes in operating assets and liabilities:    
Accounts receivable, net (23,192) 3,824
Inventories (20,181) 13,467
Prepaid expenses and other current assets 16,899 (17,448)
Connected device costs (15,127) (36,997)
Deferred commissions (18,451) (21,297)
Other assets, non-current 822 267
Accounts payable and other liabilities (13,791) (206)
Deferred revenue 74,236 77,155
Operating lease right-of-use assets and liabilities, net 165 7,338
Net cash provided by operating activities 77,800 30,063
Investing activities    
Purchases of property and equipment (14,830) (8,858)
Purchases of investments (526,086) (541,401)
Proceeds from sales of investments 1,247 6,174
Proceeds from maturities and redemptions of investments 472,766 508,093
Other investing activities (200) (50)
Net cash used in investing activities (67,103) (36,042)
Financing activities    
Payment of taxes related to net share settlement of equity awards (7) 0
Proceeds from issuance of common stock in connection with equity compensation plans 16,959 13,435
Payment of principal on finance leases (1,340) (1,416)
Net cash provided by financing activities 15,612 12,019
Effect of foreign exchange rate changes on cash, cash equivalents, and restricted cash (458) (24)
Net increase in cash, cash equivalents, and restricted cash 25,851 6,016
Cash, cash equivalents, and restricted cash, beginning of period 154,738 223,766
Cash, cash equivalents, and restricted cash, end of period 180,589 229,782
Supplemental disclosure of cash flow information    
Cash paid for income taxes, net of refunds 2,369 1,533
Supplemental disclosures of non-cash investing and financing activities    
Property and equipment accrued but not yet paid 376 109
Vesting of early exercised stock options $ 0 $ 25