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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jul. 31, 2024
Jul. 31, 2023
Cash flows from operating activities    
Net loss $ (140,673) $ (204,643)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 14,896 14,018
Non-cash operating lease cost 1,863 2,199
Stock-based compensation 40,369 59,063
Amortization of deferred contract acquisition costs 1,578 1,380
Inventory impairment 0 28,000
Reserves and other 12,683 5,026
Changes in operating assets and liabilities:    
Accounts receivable, net 7,636 (40,562)
Inventories (28,429) (97,906)
Prepaid expenses and other assets (8,160) (12,365)
Accounts payable, operating lease liabilities, and accrued and other liabilities (22,624) 33,957
Deferred revenue 7,155 21,231
Net cash used in operating activities (113,706) (190,602)
Cash flows from investing activities    
Purchases of property and equipment (7,301) (9,877)
Maturities of investments 0 105,000
Net cash provided by (used in) investing activities (7,301) 95,123
Cash flows from financing activities    
Debt issuance costs related to the revolving credit facility 0 (2,265)
Proceeds from the issuance of common stock under employee equity plans, net of tax withholding 4,548 6,212
Proceeds from issuance of common stock in connection with ATM offerings, net of issuance costs 0 54,799
Change in driver funds and amounts due to customers 2,378 8,839
Settlement of contingent earnout liability 0 (3,537)
Net cash provided by financing activities 6,926 64,048
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (66) 768
Net decrease in cash, cash equivalents, and restricted cash (114,147) (30,663)
Cash, cash equivalents, and restricted cash at beginning of period 357,810 294,562
Cash, cash equivalents, and restricted cash at end of period 243,663 263,899
Supplementary cash flow information    
Cash paid for interest 10,366 5,250
Cash paid for taxes 1,185 547
Supplementary cash flow information on noncash investing and financing activities    
Right-of-use assets obtained in exchange for lease liabilities 1,897 0
Acquisitions of property and equipment included in accounts payable and accrued and other current liabilities 491 3,041
Vesting of early exercised stock options 0 21
Unpaid debt issuance costs $ 0 $ 507