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Summary of Significant Accounting Policies (Tables) | 9 Months Ended | 12 Months Ended
--- | --- | ---
Oct. 31, 2021 | Sep. 30, 2021 | Jan. 31, 2021
Schedule of the impact of the revision to the Post-IPO balance sheet |  | The change in the carrying value of the redeemable Class A common stock in the Post-IPO Balance Sheet resulted in a reclassification of approximately 1.6 million shares of Class A common stock from permanent equity to temporary equity. The impact of the revision to the Post-IPO Balance Sheet is as follows:
As of March 9, 2021 |  | As Reported |  |  | Adjustment |  |  | As Restated |
Total assets |  | $ | 347,538,706 |  |  |  |  |  |  | $ | 347,538,706 |
Total liabilities |  | $ | 13,294,983 |  |  |  |  |  |  | $ | 13,294,983 |
Class A common stock subject to possible redemption |  |  | 329,243,720 |  |  |  | 15,756,280 |  |  |  | 345,000,000 |
Preferred stock |  |  | — |  |  |  | — |  |  |  | — |
Class A common stock |  |  | 158 |  |  |  | (158 | ) |  |  | — |
Class B common stock |  |  | 863 |  |  |  | — |  |  |  | 863 |
Additional paid-in capital |  |  | 5,037,145 |  |  |  | (5,037,145 | ) |  |  | — |
Accumulated deficit |  |  | (38,163 | ) |  |  | (10,718,977 | ) |  |  | (10,757,140 | )
Total stockholders’ equity (deficit) |  | $ | 5,000,003 |  |  | $ | (15,756,280 | ) |  | $ | (10,756,277 | )
Total Liabilities, Class A Common Stock Subject to Possible Redemption and Stockholders’ Equity (Deficit) |  | $ | 347,538,706 |  |  | $ | — |  |  | $ | 347,538,706 |
Schedule of effect of the financial statement adjustments related to the restatement of balance sheet |  | The change in the carrying value of the redeemable Class A common stock at March 31, 2021 resulted in a reclassification of approximately 5.1 million shares of Class A common stock from permanent equity to temporary equity. The table below presents the effect of the financial statement adjustments related to the restatement discussed above of the Company’s previously reported unaudited balance sheet as of March 31, 2021:
As of March 31, 2021 (unaudited) |  | As Reported |  |  | Adjustment |  |  | As Restated |
Total assets |  | $ | 346,518,868 |  |  |  |  |  |  | $ | 346,518,868 |
Total liabilities |  | $ | 47,189,952 |  |  |  |  |  |  | $ | 47,189,952 |
Class A common stock subject to possible redemption |  |  | 294,328,910 |  |  |  | 50,671,090 |  |  |  | 345,000,000 |
Preferred stock |  |  | — |  |  |  | — |  |  |  | — |
Class A common stock |  |  | 507 |  |  |  | (507 | ) |  |  | — |
Class B common stock |  |  | 863 |  |  |  | — |  |  |  | 863 |
Additional paid-in capital |  |  | 19,549,351 |  |  |  | (19,549,351 | ) |  |  | — |
Accumulated deficit |  |  | (14,550,715 | ) |  |  | (31,121,232 | ) |  |  | (45,671,947 | )
Total stockholders’ equity (deficit) |  | $ | 5,000,006 |  |  | $ | (50,671,090 | ) |  | $ | (45,671,084 | )
Total Liabilities, Class A Common Stock Subject to Possible Redemption and Stockholders’ Equity (Deficit) |  | $ | 346,518,868 |  |  | $ | — |  |  | $ | 346,518,868 |
The change in the carrying value of the redeemable Class A common stock at June 30, 2021 resulted in a reclassification of approximately 5.1 million shares of Class A common stock from permanent equity to temporary equity. The table below presents the effect of the financial statement adjustments related to the restatement discussed above of the Company’s previously reported unaudited balance sheet as of June 30, 2021:
As of June 30, 2021 (unaudited) |  | As Reported |  |  | Adjustment |  |  | As Restated |
Total assets |  | $ | 345,880,864 |  |  |  |  |  |  | $ | 345,880,864 |
Total liabilities |  | $ | 46,788,321 |  |  |  |  |  |  | $ | 46,788,321 |
Class A common stock subject to possible redemption |  |  | 294,092,540 |  |  |  | 50,907,460 |  |  |  | 345,000,000 |
Preferred stock |  |  | — |  |  |  | — |  |  |  | — |
Class A common stock |  |  | 509 |  |  |  | (509 | ) |  |  | — |
Class B common stock |  |  | 863 |  |  |  | — |  |  |  | 863 |
Additional paid-in capital |  |  | 19,785,719 |  |  |  | (19,785,719 | ) |  |  | — |
Accumulated deficit |  |  | (14,787,088 | ) |  |  | (31,121,232 | ) |  |  | (45,908,320 | )
Total stockholders’ equity (deficit) |  | $ | 5,000,003 |  |  | $ | (50,907,460 | ) |  | $ | (45,907,457 | )
Total Liabilities, Class A Common Stock Subject to Possible Redemption and Stockholders’ Equity (Deficit) |  | $ | 345,880,864 |  |  | $ | — |  |  | $ | 345,880,864 |
Schedule of effect of the financial statement adjustments related to the restatement of cash flows |  | The table below presents the effect of the financial statement adjustments related to the restatement discussed above of the Company’s previously reported unaudited statement of cash flows for the three months ended March 31, 2021:
|  | For the three months ended March 31, 2021 (unaudited) |
|  | As Reported |  |  | Adjustment |  |  | As Restated |
Supplemental Disclosure of Noncash Financing Activities: |  |  |  |  |  |  |  |  |  |  |  |
Value of Class A common stock subject to possible redemption |  | $ | 294,328,910 |  |  | $ | (294,328,910 | ) |  | $ | — |
The table below presents the effect of the financial statement adjustments related to the restatement discussed above of the Company’s previously reported unaudited statement of cash flows for the six months ended June 30, 2021:
|  | For the period six months ended June 30, 2021 (unaudited) |
|  | As Reported |  | Adjustment |  |  | As Restated |
Supplemental Disclosure of Noncash Financing Activities: |  |  |  |  |  |  |  |  |  |
Value of Class A common stock subject to possible redemption |  | $294,092,540 |  | $ | (294,092,540 | ) |  | $ | — |
Schedule of the weighted average shares outstanding and basic and diluted earnings per common share |  |
|  | Earnings Per Share for Class A common stock |
|  | As Reported |  |  | Adjustment |  |  | As Adjusted |
Form 10-Q (March 31, 2021)—For the three months ended March 31, 2021 (unaudited) |  |  |  |  |  |  |  |  |  |  |  |
Net loss |  | $ | (14,549,315 | ) |  | $ | — |  |  | $ | (14,549,315 | )
Weighted average shares outstanding |  |  | 7,787,500 |  |  |  | — |  |  |  | 7,787,500 |
Basic and diluted earnings per share |  | $ | 0.00 |  |  | $ | (0.88 | ) |  | $ | (0.88 | )
Form 10-Q (June 30, 2021)—For the three months ended June 30, 2021 (unaudited) |  |  |  |  |  |  |  |  |  |  |  |
Net loss |  | $ | (236,373 | ) |  | $ | — |  |  | $ | (236,373 | )
Weighted average shares outstanding |  |  | 34,500,000 |  |  |  | — |  |  |  | 34,500,000 |
Basic and diluted earnings per share |  | $ | 0.00 |  |  | $ | (0.01 | ) |  | $ | (0.01 | )
Form 10-Q (June 30, 2021)—For the six months ended June 30, 2021 (unaudited) |  |  |  |  |  |  |  |  |  |  |  |
Net loss |  | $ | (14,785,688 | ) |  | $ | — |  |  | $ | (14,785,688 | )
Weighted average shares outstanding |  |  | 34,500,000 |  |  |  | (12,770,718 | ) |  |  | 21,729,282 |
Basic and diluted earnings per share |  | $ | 0.00 |  |  | $ | (0.49 | ) |  | $ | (0.49 | )
Form 10-Q (March 31, 2021)—For the three months ended March 31, 2021 (unaudited) |  |  |  |  |  |  |  |  |  |  |  |
Net loss |  | $ | (14,549,315 | ) |  | $ | — |  |  | $ | (14,549,315 | )
Weighted average shares outstanding |  |  | 7,778,090 |  |  |  | 846,910 |  |  |  | 8,625,000 |
Basic and diluted earnings per share |  | $ | (0.06 | ) |  | $ | (0.82 | ) |  | $ | (0.88 | )
Form 10-Q (June 30, 2021)—For the three months ended June 30, 2021 (unaudited) |  |  |  |  |  |  |  |  |  |  |  |
Net loss |  | $ | (236,373 | ) |  | $ | — |  |  | $ | (236,373 | )
Weighted average shares outstanding |  |  | 8,625,000 |  |  |  | — |  |  |  | 8,625,000 |
Basic and diluted earnings per share |  | $ | (0.03 | ) |  | $ | 0.02 |  |  | $ | (0.01 | )
Form 10-Q (June 30, 2021)—For the six months ended June 30, 2021 (unaudited) |  |  |  |  |  |  |  |  |  |  |  |
Net loss |  | $ | (14,785,688 | ) |  | $ | — |  |  | $ | (14,785,688 | )
Weighted average shares outstanding |  |  | 8,208,564 |  |  |  | — |  |  |  | 8,208,564 |
Basic and diluted earnings per share |  | $ | (1.80 | ) |  | $ | 1.31 |  |  | $ | (0.49 | )
Schedule of earnings per share, basic and diluted |  | The following table presents a reconciliation of the numerator and denominator used to compute basic and diluted net income (loss) per share for each class of common stock:
|  | For the Three Months Ended September 30, 2021 |  |  | For the Nine Months Ended September 30, 2021 |
|  | Class A |  |  | Class B |  |  | Class A |  |  | Class B |
Basic and diluted net income (loss) per common share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Allocation of net income (loss) |  | $ | (5,308,662 | ) |  | $ | (1,327,165 | ) |  | $ | (16,219,758 | ) |  | $ | (5,201,757 | )
Denominator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic and diluted weighted average common shares outstanding |  |  | 34,500,000 |  |  |  | 8,625,000 |  |  |  | 26,032,967 |  |  |  | 8,348,901 |
Basic and diluted net income (loss) per common share |  | $ | (0.15 | ) |  | $ | (0.15 | ) |  | $ | (0.62 | ) |  | $ | (0.62 | )
Planet Labs Inc. |  |  |
Schedule of earnings per share, basic and diluted | The following table sets forth the computation of basic and diluted loss per Class A common stock and Class B common stock (amounts in thousands, except share and per share amounts):
|  | Nine Months Ended October 31, |
|  | 2021 |  |  | 2020 |
Numerator: |  |  |  |  |  |  |  |
Net loss attributable to common stockholders |  | $ | (91,159 | ) |  | $ | (89,605 | )
Denominator: |  |  |  |  |  |  |  |
Basic and diluted weighted-average common shares outstanding used in computing net loss per share attributable to common stockholders |  |  | 30,264,402 |  |  |  | 28,640,817 |
Basic and diluted net loss per share attributable to common stockholders |  | $ | (3.01 | ) |  | $ | (3.13 | )
|  | The following table sets forth the computation of basic and diluted loss per Class A common stock and Class B common stock (amounts in thousands, except share and per share amounts):
|  | Year Ended January 31, |
|  | 2021 |  |  | 2020 |
Numerator: |  |  |  |  |  |  |  |
Net loss attributable to common stockholders |  | $ | (127,103 | ) |  | $ | (123,714 | )
Denominator: |  |  |  |  |  |  |  |
Basic and diluted weighted-average common shares outstanding used in computing net loss per share attributable to common stockholders |  |  | 28,863,607 |  |  |  | 27,981,802 |
Basic and diluted net loss per share attributable to common stockholders |  | $ | (4.40 | ) |  | $ | (4.42 | )
Schedule of Cash Flow, Supplemental Disclosures | A reconciliation of the Company’s cash and cash equivalents in the unaudited condensed consolidated balance sheets to cash, cash equivalents and restricted cash in the unaudited condensed consolidated statements of cash flows as of October 31, 2021 and January 31, 2021 is as follows:
|  | October 31, |  |  | January 31, |
(in thousands) |  | 2021 |  |  | 2021 |
Cash and cash equivalents |  | $ | 58,989 |  |  | $ | 71,183 |
Restricted cash, current |  |  | 309 |  |  |  | 375 |
Restricted cash, non-current |  |  | 5,749 |  |  |  | 4,982 |
Total cash, cash equivalents and restricted cash |  | $ | 65,047 |  |  | $ | 76,540 |
|  | A reconciliation of the Company’s cash and cash equivalents in the Consolidated Balance Sheets to total cash, cash equivalents and restricted cash in the Consolidated Statements of Cash Flows as of January 31, 2021 and 2020 is as follows:
|  | January 31, |
(in thousands) |  | 2021 |  |  | 2020 |
Cash and cash equivalents |  | $ | 71,183 |  |  | $ | 21,678 |
Restricted cash, current |  |  | 375 |  |  |  | 1,576 |
Restricted cash, non-current |  |  | 4,982 |  |  |  | 4,485 |
Total cash, cash equivalents and restricted cash |  | $ | 76,540 |  |  | $ | 27,739 |
Schedule of the change in the Company's allowance for doubtful accounts |  |  | The change in the Company’s allowance for doubtful accounts is as follows:
|  | Year Ended January 31, |
(in thousands) |  | 2021 |  |  | 2020 |
Balance, beginning of year |  | $ | 843 |  |  | $ | 5,300 |
Charges |  |  | 823 |  |  |  | 649 |
Write-offs |  |  | (619 | ) |  |  | (4,702 | )
Other |  |  | 168 |  |  |  | (404 | )
Balance, end of year |  | $ | 1,215 |  |  | $ | 843 |
Schedule of Finite-Lived Intangible Assets |  |  | Intangible assets with finite useful lives are carried at cost, net of accumulated amortization and impairment, where applicable. Amortization is recorded over the estimated useful lives of the assets on a straight-line basis as follows:
|  | Estimated useful life (in years) |
Developed technology |  |  | 5 |
Imagery library |  |  | 3 |
Customer relationships |  |  | 5 |
Trade names and other |  |  | 5 to 7 |
Summary of property, plant and equipment | Depreciation is computed once an asset is placed in service using the straight-line method over the estimated useful life of the asset, which is as follows:
|  | Estimated useful life |
|  | (in years) |
Computer equipment and purchased software |  |  | 3 |
Office furniture, equipment and fixtures |  |  | 5 |
Satellites |  |  | 2.2 to 9 |
Ground stations and ground station equipment |  |  | 3 to 10 |
Leasehold improvements |  |  | lesser of useful life or term of lease |
|  | Depreciation is computed once an asset is placed in service using the straight-line method over the estimated useful life of the asset, which is as follows:
|  | Estimated useful life (in years) |
Computer equipment and purchased software |  |  | 3 |
Office furniture, equipment and fixtures |  |  | 5 |
Satellites |  |  | 2.5 to 6 |
Ground stations and ground station equipment |  |  | 3 to 10 |
Leasehold improvements |  |  | lesser of useful life or term of lease |

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