Equity Plans and Stock-based Compensation (Tables)

6 Months Ended

Jul. 31, 2021

Share-based Payment Arrangement [Abstract]

Summary of stock option awards

The Company’s stock option awards activity is set forth below:

	Number of Stock Option Awards			Weighted Average Exercise Price		Weighted Average Remaining Contractual term (in years)		Aggregate Intrinsic Value (in thousands)
Outstanding as of January 31, 2021		30,166,792		$	0.71		7.3	$	1,064,539
Options exercised		(3,292,219	)	$	0.53
Options forfeited		(452,893	)	$	0.73
Options expired		(19,963	)	$	53.22
Outstanding as of July 31, 2021		26,401,717		$	0.69		7.0	$	606,280
Options vested and expected to vest as of July 31, 2021		25,667,621		$	0.69		7.0	$	589,470
Exercisable as of July 31, 2021		16,457,228		$	0.66		6.3	$	378,402

Summary of Stock Based Compensation Expense

The following sets forth the total stock-based compensation expense for the Company’s stock options (including the CEO Award) and RSU included in the Company’s condensed consolidated statements of operations:

	Three Months Ended July 31,				Six Months Ended July 31,
	2021		2020		2021		2020
	(in thousands)				(in thousands)
Cost of revenue	$	2,164	$	41	$	2,188	$	64
Research and development		13,682		454		14,357		757
Sales and marketing		4,169		356		4,767		655
General and administrative		8,278		339		14,558		624
Total stock-based compensation expense	$	28,293	$	1,190	$	35,870	$	2,100

 

Summary of RSU activity

The Company’s RSU activity is set forth below:

	Number of Shares			Weighted Average Grant Date Fair Value per Share
Outstanding as of January 31, 2021		—		$	—
RSU granted		4,680,439		$	27.38
RSU vested		(652,901	)	$	27.30
RSU forfeited		(10,389	)	$	27.30
Outstanding as of July 31, 2021		4,017,149		$	27.40