|
|
October 31, |
|
January 31, |
||||
(in thousands, except share and par value amounts) |
|
2021 |
|
2021 |
||||
|
|
|
|
|
||||
Assets |
|
|
|
|
||||
Current assets |
|
|
|
|
||||
Cash and cash equivalents |
|
$ |
58,989 |
|
|
$ |
71,183 |
|
Accounts receivable, net |
|
|
15,177 |
|
|
|
47,110 |
|
Prepaid expenses and other current assets |
|
|
19,068 |
|
|
|
7,134 |
|
Total current assets |
|
|
93,234 |
|
|
|
125,427 |
|
Property and equipment, net |
|
|
138,011 |
|
|
|
159,855 |
|
Capitalized internal-use software, net |
|
|
10,473 |
|
|
|
11,994 |
|
Goodwill |
|
|
88,393 |
|
|
|
88,393 |
|
Intangible assets, net |
|
|
4,832 |
|
|
|
5,673 |
|
| Restricted cash, non-current |
|
|
5,749 |
|
|
|
4,982 |
|
| Other non-current assets |
|
|
8,977 |
|
|
|
2,984 |
|
| Total assets |
|
$ |
349,669 |
|
|
$ |
399,308 |
|
| Liabilities and Stockholders’ Equity |
|
|
|
|
||||
| Current liabilities |
|
|
|
|
||||
| Accounts payable |
|
$ |
7,059 |
|
|
$ |
1,446 |
|
| Accrued and other current liabilities |
|
|
28,642 |
|
|
|
30,195 |
|
| Deferred revenue |
|
|
47,013 |
|
|
|
57,570 |
|
| Liability from early exercise of stock options |
|
|
17,032 |
|
|
|
— |
|
| Convertible notes, at fair value |
|
|
109,953 |
|
|
|
8,244 |
|
| Preferred stock warrant liability |
|
|
14,047 |
|
|
|
11,359 |
|
| Debt, net of discount |
|
|
64,972 |
|
|
|
— |
|
| Total current liabilities |
|
|
288,718 |
|
|
|
108,814 |
|
| Debt, net of discount |
|
|
— |
|
|
|
62,644 |
|
| Convertible notes, at fair value |
|
|
— |
|
|
|
92,968 |
|
| Deferred revenue |
|
|
7,976 |
|
|
|
15,122 |
|
| Deferred hosting costs |
|
|
13,141 |
|
|
|
7,971 |
|
| Deferred rent |
|
|
1,354 |
|
|
|
2,991 |
|
| Other non-current liabilities |
|
|
1,287 |
|
|
|
1,287 |
|
| Total liabilities |
|
|
312,476 |
|
|
|
291,797 |
|
| Commitments and contingencies |
|
|
|
|
||||
|
|
|
|
|
|
||||
| Stockholders' equity |
|
|
|
|
||||
| Convertible preferred stock, $0.00002 par value, |
|
|
|
|
||||
| 105,000,000 shares authorized, 85,682,990 shares issued and outstanding, $696,415 aggregate liquidation preference at October 31, 2021 and January 31, 2021 |
|
|
2 |
|
|
|
2 |
|
| Common stock, $0.00002 par value, 155,000,000 and 15,000,000 Class A and Class B shares authorized, respectively; |
|
|
1 |
|
|
|
1 |
|
| 17,625,967 and 14,876,627 Class A shares issued and outstanding at October 31, 2021 and January 31, 2021, respectively; 13,811,878 Class B shares issued and outstanding at October 31, 2021 and January 31, 2021 |
|
|
|
|
||||
| Additional paid-in capital |
|
|
766,150 |
|
|
|
745,644 |
|
| Accumulated other comprehensive income |
|
|
2,104 |
|
|
|
1,769 |
|
| Accumulated deficit |
|
|
(731,064 |
) |
|
|
(639,905 |
) |
| Total stockholders’ equity |
|
|
37,193 |
|
|
|
107,511 |
|
| Total liabilities and stockholders' equity |
|
$ |
349,669 |
|
|
$ |
399,308 |
|
PLANET
