Composition of Certain Financial Statement Items (Tables)

6 Months Ended

Jul. 31, 2023

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Inventories

Inventories consisted of the following:

	July 31, 2023		January 31, 2023
	(in thousands)
Raw materials	$	8,814	$	11,509
Finished goods and components	134,766		57,221
Total Inventories	$	143,580	$	68,730

Schedule of Other Current Assets

Prepaid expense and other current assets consisted of the following:

	July 31, 2023		January 31, 2023
	(in thousands)
Prepaid expense	$	57,996	$	48,464
Other current assets	24,661		22,556
Total Prepaid Expense and Other Current Assets	$	82,657	$	71,020

Schedule of Property and Equipment, Net

Property and equipment, net consisted of the following:

	July 31, 2023		January 31, 2023
	(in thousands)
Furniture and fixtures	$	1,731	$	1,244
Computers and software	7,907		7,164
Machinery and equipment	30,189		25,144
Tooling	14,828		13,782
Leasehold improvements	9,900		9,357
Owned and operated systems	26,352		24,119
Construction in progress	2,973		2,790
	93,880		83,600
Less: Accumulated depreciation	(51,144)		(43,554)
Total Property and Equipment, Net	$	42,736	$	40,046

The following table presents the depreciation expense:

	Three Months Ended July 31,		Six Months Ended July 31,
	2023	2022	2023	2022
	(in thousands)
Depreciation expense	3,925	3,300	7,941	6,660

Schedule of Accrued and Other Current Liabilities

Accrued and other current liabilities consisted of the following:

	July 31, 2023		January 31, 2023
	(in thousands)
Accrued expenses	$	62,616	$	46,105
Refundable customer deposits	16,276		14,551
Payroll and related expenses	18,085		21,495
Taxes payable	18,620		14,232
Other liabilities	30,128		37,100
Total Accrued and Other Current Liabilities	$	145,725	$	133,483

Schedule of Revenue

Revenue consisted of the following:

	Three Months Ended July 31,				Six Months Ended July 31,
	2023		2022		2023		2022
	(in thousands)
United States	$	112,960	$	84,610	$	210,091	$	146,925
Rest of World	37,534		23,682		70,432		43,000
Total revenue	$	150,494	$	108,292	$	280,523	$	189,925

Disaggregation of Revenue

The following table shows the total deferred revenue for each period presented.

	July 31, 2023	January 31, 2023
	(in thousands)
Deferred revenue	219,842	198,610

The following table shows the revenue recognized that was included in the deferred revenue balance at the beginning of the period.

	Three Months Ended July 31,				Six Months Ended July 31,
	2023		2022		2023		2022
	(in thousands)
Deferred revenue recognized	$	24,418	$	14,736	$	50,432	$	37,388