Annual report pursuant to Section 13 and 15(d)

Net Income (Loss) Per Share (Tables)

v3.24.1
Net Income (Loss) Per Share (Tables)
12 Months Ended
Jan. 31, 2024
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Net Loss Per Share
The following table sets forth the computation of basic and diluted net income (loss) per share:
Year Ended January 31,
(in thousands, except per share data)
2024 2023 2022
Net income (loss) per share – basic:
Numerator:
Net income (loss)
$ 51,403  $ (55,742) $ (111,470)
Denominator:
Weighted-average shares outstanding used in computing net income (loss) per share, basic
269,974 259,530 195,020
Net income (loss) per common share, basic
$ 0.19  $ (0.21) $ (0.57)
Net income (loss) per share - diluted:
Numerator:
Net income (loss) $ 51,403  $ (55,742) $ (111,470)
Denominator:
Weighted-average shares outstanding used in computing net income (loss) per share, basic 269,974  259,530  195,020 
Weighted-average effect of diluted securities:
Stock options 11,749 —  — 
Restricted stock units 4,783 —  — 
Common stock warrants 587 —  — 
Weighted-average shares outstanding used in computing net income (loss) per share, diluted 287,093  259,530  195,020 
Net income (loss) per common share, diluted $ 0.18  $ (0.21) $ (0.57)
Potentially dilutive securities that were not included in the diluted per share calculations because they would be anti-dilutive were as follows:
Year Ended January 31,
(in thousands) 2024 2023 2022
Stock options $ 2,595  $ 33,049  $ 44,355 
PSUs and other performance-based awards 780  1,450  3,175 
RSUs 415  9,400  1,730 
ESPP 91  168  242 
Warrants to purchase common stock   2,500  2,500 
Total shares excluded from net income (loss) per share $ 3,881  $ 46,567  $ 52,002