Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows (Unaudited)

v3.22.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Oct. 31, 2021
Oct. 31, 2020
Cash flows from operating activities    
Net loss $ (195,616) $ (43,157)
Adjustments to reconcile net (loss) income to net cash used in operating activities:    
Depreciation and amortization 659 935
Loss (Gain) on sale of fixed assets 1 (220)
Bad debt expense 0 33
Employee stock based compensation 129,983 27
Non-cash interest expense 1,061 97
Change in fair value of warrants liabilities 11,302
Non-cash interest income on amounts due from stockholder 8 12
Changes in operating assets and liabilities:    
Accounts receivable 7,163 962
Deferred costs 388 (982)
Inventory 492 494
Prepaid expenses and other current assets 3,157 71
Deposits and other assets 194 (75)
Prepaid warranty (205) (157)
Accounts payable 1,151 (976)
Accrued expenses 2,552 1,388
Income taxes payable 47 58
Deferred rent (100) (131)
Deferred revenue (245) 2,689
Warrants 43 0
Other long-term liabilities payable 0 1,209
Net cash used in operating activities (59,095) (39,897)
Cash Flows from Investing Activities:    
Purchases of property and equipment (2,385) (425)
Proceeds from the sale of fixed assets 228 81
Sales of investments 0 647
Proceeds from the maturity of investments 0 754
Net cash provided by investing activities (2,156) 1,057
Cash Flows from Financing Activities:    
Proceeds from issuance of common stock 634 44,080
Proceed from borrowing SVB Bridge loan 15,000 0
Proceeds from borrowing of PPP loan 0 5,580
Payment of loan - SVB bridge 15,000 0
Payment of PPP loan 5,580  
Merger recapitalization 4,214  
Proceeds from PIPE shares 125,000  
Payment of transaction costs (21,179) 0
Proceeds from stock subscriptions 292 47
Net cash provided by financing activities 103,381 49,707
Effect of exchange rate changes on cash and cash equivalents 218 (407)
Net change in cash and cash equivalents 42,348 10,460
Cash and Cash Equivalents    
Beginning of the period 31,543 10,806
End of the period 73,891 21,266
Supplemental disclosure of non-cash activities:    
Interest earned on subscription notes receivable 8 12
Unpaid purchases of property and equipment (1,306) 0
Non-cash settlement of related party loan receivable for common shares (1,075) 0
Unrealized loss on investment $ 0 $ (2)