Composition of Certain Financial Statement Items (Tables)

9 Months Ended

Oct. 31, 2023

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Inventories

Inventories consisted of the following:

	October 31, 2023		January 31, 2023
	(in thousands)
Raw materials	$	4,129	$	11,509
Finished goods and components	194,991		57,221
Total Inventories	$	199,120	$	68,730

Schedule of Other Current Assets

Prepaid expense and other current assets consisted of the following:

	October 31, 2023		January 31, 2023
	(in thousands)
Prepaid expense	$	50,589	$	48,464
Other current assets	25,522		22,556
Total Prepaid Expense and Other Current Assets	$	76,111	$	71,020

Schedule of Property and Equipment, Net

Property and equipment, net consisted of the following:

	October 31, 2023		January 31, 2023
	(in thousands)
Furniture and fixtures	$	1,701	$	1,244
Computers and software	8,284		7,164
Machinery and equipment	33,210		25,144
Tooling	14,993		13,782
Leasehold improvements	10,413		9,357
Owned and operated systems	26,548		24,119
Construction in progress	2,181		2,790
	97,330		83,600
Less: Accumulated depreciation	(55,132)		(43,554)
Total Property and Equipment, Net	$	42,198	$	40,046

The following table presents the depreciation expense:

	Three Months Ended October 31,		Nine Months Ended October 31,
	2023	2022	2023	2022
	(in thousands)
Depreciation expense	4,135	3,249	12,076	9,909

Schedule of Accrued and Other Current Liabilities

Accrued and other current liabilities consisted of the following:

	October 31, 2023		January 31, 2023
	(in thousands)
Accrued expenses	$	53,305	$	46,105
Accrued losses on purchase commitments	24,577		7,287
Refundable customer deposits	16,405		14,551
Payroll and related expenses	17,166		21,495
Other current liabilities	41,013		44,045
Total Accrued and Other Current Liabilities	$	152,466	$	133,483

Schedule of Revenue

Revenue consisted of the following:

	Three Months Ended October 31,				Nine Months Ended October 31,
	2023		2022		2023		2022
	(in thousands)
United States	$	82,777	$	101,559	$	292,869	$	248,485
Rest of World	27,506		23,782		97,938		66,782
Total revenue	$	110,283	$	125,341	$	390,807	$	315,267

Disaggregation of Revenue

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

	October 31, 2023	January 31, 2023
	(in thousands)
Deferred revenue	227,295	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 October 31,				Nine Months Ended October 31,
	2023		2022		2023		2022
	(in thousands)
Deferred revenue recognized	$	18,952	$	13,275	$	69,384	$	50,993