v3.23.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Jan. 31, 2023
Jan. 31, 2022
Cash flows from operating activities    
Net loss $ (111,010) $ (242,647)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 2,336 1,092
Gain on sale of fixed assets (27) (6)
Loss of disposal of fixed assets 117 0
Bad debt expense 1,283 0
Employee stock based compensation 36,858 156,596
Change in fair value of warrants liabilities (6) 11,265
Change in fair value of conversion options (103) 0
Change in fair value of commitment fee 1,555 0
Conversion option accretion 326 0
Non-cash interest expense 897 1,155
Non-cash interest income on amounts due from stockholder 0 (8)
Excess inventory adjustment 2,744 0
Changes in operating assets and liabilities:    
Accounts and related party receivable 4,489 (3,194)
Deferred costs (272) (1,718)
Inventories (832) (2,401)
Prepaid expenses 1,918 (1,614)
Other current assets (124) (2,407)
Prepaid warranty (301) (144)
Deposits and other assets 865 (196)
Accounts payable 4,939 398
Accrued expenses (2,306) 971
Income tax payable (130) 454
Other liabilities (692) (689)
Deferred rent 0 (134)
Deferred revenue (6,425) (477)
Warrants 0 20
Operating lease liability (972) 0
Net cash used in operating activities (64,873) (83,684)
Cash flows from investing activities    
Purchases of property and equipment (142) (1,714)
Capitalized software development costs (2,375) (2,166)
Proceeds from the sale of fixed assets 27 8
Net cash used in investing activities (2,490) (3,872)
Cash flows from financing activities    
Exercise of stock options 296 0
Statutory tax withholding related to net-share settlement of restricted stock units (91) 0
Cash received to fund employee tax obligation for vested RSUs 20,401 0
Cash remitted to fund employee tax obligation for vested RSUs (12,467) 0
Payment of equity line commitment fee (1,750) 0
Proceeds from issuance of convertible notes 10,000 0
Proceeds from issuance of related party debt 11,900 0
Payment of debt issuance costs (284) 0
Repayment of debt (1,023) 0
Payment of finance lease obligations (98) 0
Proceeds from issuance of common stock 586 694
Proceeds from borrowing under SVB bridge loan 0 15,000
Payment of SVB bridge loan 0 (15,000)
Payment of PPP loan 0 (5,580)
Merger recapitalization 0 4,213
Proceeds from issuance of PIPE shares 0 125,000
Payment of merger transaction costs 0 (21,179)
Proceeds from stock subscriptions 0 293
Net cash provided by financing activities 27,470 103,441
Effect of exchange rate changes on cash and cash equivalents (212) 245
Net change in cash and cash equivalents (40,105) 16,130
Cash and Cash Equivalents    
Beginning of the period 47,673 31,543
End of the period 7,568 47,673
Supplemental disclosure of cash flow information    
Cash paid for interest 126 0
Supplemental disclosures of non-cash investing and financing activities    
Interest earned on subscription notes receivable 0 8
Unpaid purchases of property and equipment 0 28
Non-cash settlement of related party loan receivable for common shares 0 1,075
Initial classification of warrant liabilities 0 10,234
Cashless exercise of warrants classified as liabilities $ 0 $ 10,214

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