Here is there recent earnings report information, now explain why.

ZSCALER, INC.
Condensed Consolidated Statements of Operations
(in thousands, except per share amounts)
(unaudited)
 
 Three Months Ended Year Ended
 July 31, July 31,
 2022 2021 2022 2021 
Revenue $ 318,059 $ 197,074 $ 1,090,946 $ 673,100 
Cost of revenue(1) (2) 68,308 45,478 242,282 150,317 
Gross profit 249,751 151,596 848,664 522,783 
Operating expenses: 
Sales and marketing(1) (2) 214,228 136,385 735,219 459,407 
Research and development(1) (2) 78,150 56,180 289,139 174,653 
General and administrative(1) (3) 39,902 26,428 151,735 96,535 
Total operating expenses 332,280 218,993 1,176,093 730,595 
Loss from operations (82,529 ) (67,397 ) (327,429 ) (207,812 )
Interest income 2,607 524 4,586 2,812 
Interest expense(4) (14,458 ) (13,634 ) (56,579 ) (53,364 )
Other income (expense), net (774 ) 329 (4,208 ) 1,186 
Loss before income taxes (95,154 ) (80,178 ) (383,630 ) (257,178 )
Provision for income taxes 2,498 845 6,648 4,851 
Net loss $ (97,652 ) $ (81,023 ) $ (390,278 ) $ (262,029 )
Net loss per share, basic and diluted $ (0.69 ) $ (0.59 ) $ (2.77 ) $ (1.93 )
Weighted-average shares used in computing net loss per share, basic and diluted 142,355 137,778 140,895 135,654 
(1) Includes stock-based compensation expense and related payroll taxes as follows:

Cost of revenue $ 7,696 $ 5,033 $ 25,292 $ 15,272 
Sales and marketing 57,505 42,957 202,211 144,273 
Research and development 33,486 25,558 123,422 73,238 
General and administrative 19,628 12,395 79,095 45,779 
Total $ 118,315 $ 85,943 $ 430,020 $ 278,562 
(2) Includes amortization expense of acquired intangible assets as follows:

Cost of revenue $ 1,939 $ 1,958 $ 7,975 $ 6,468 
Sales and marketing 178 108 704 327 
Research and development 198 — 331 — 
Total $ 2,315 $ 2,066 $ 9,010 $ 6,795 
 
(3) Includes asset impairment related to facility exit as follows: $ — $ — $ — $ 416 
 
(4) Includes amortization of debt discount and issuance costs as follows: $ 14,098 $ 13,274 $ 55,141 $ 51,923 
ZSCALER, INC.
Condensed Consolidated Balance Sheets
(in thousands)
(unaudited)
 July 31,
 2022 2021 
Assets 
Current assets: 
Cash and cash equivalents $ 1,013,210 $ 275,898 
Short-term investments 718,129 1,226,654 
Accounts receivable, net 399,745 257,109 
Deferred contract acquisition costs 86,210 57,373 
Prepaid expenses and other current assets 39,353 31,269 
Total current assets 2,256,647 1,848,303 
Property and equipment, net 160,633 108,576 
Operating lease right-of-use assets 72,357 44,339 
Deferred contract acquisition costs, noncurrent 210,792 149,657 
Acquired intangible assets, net 31,819 32,129 
Goodwill 78,547 58,977 
Other noncurrent assets 21,870 15,650 
Total assets $ 2,832,665 $ 2,257,631 
 
Liabilities and Stockholders’ Equity 
Current liabilities: 
Accounts payable $ 26,154 $ 12,547 
Accrued expenses and other current liabilities 46,496 22,908 
Accrued compensation 111,948 93,622 
Deferred revenue 923,749 571,286 
Operating lease liabilities 26,100 19,842 
Total current liabilities 1,134,447 720,205 
Convertible senior notes, net 968,674 913,538 
Deferred revenue, noncurrent 97,374 59,315 
Operating lease liabilities, noncurrent 50,948 31,225 
Other noncurrent liabilities 7,922 4,453 
Total liabilities 2,259,365 1,728,736 
Stockholders’ Equity 
Common stock 143 139 
Additional paid-in capital 1,590,885 1,131,006 
Accumulated other comprehensive loss (25,850 ) (650 )
Accumulated deficit (991,878 ) (601,600 )
Total stockholders’ equity 573,300 528,895 
Total liabilities and stockholders’ equity $ 2,832,665 $ 2,257,631 
ZSCALER, INC.
Condensed Consolidated Statements of Cash Flows
(in thousands)
(unaudited)
 Year Ended
 July 31,
 2022 2021 
Cash Flows From Operating Activities 
Net loss $ (390,278 ) $ (262,029 )
Adjustments to reconcile net loss to cash provided by operating activities: 
Depreciation and amortization expense 40,456 29,663 
Amortization expense of acquired intangible assets 9,010 6,795 
Amortization of deferred contract acquisition costs 68,531 40,558 
Amortization of debt discount and issuance costs 55,141 51,923 
Non-cash operating lease costs 25,626 20,995 
Stock-based compensation expense 409,562 258,535 
Amortization of investment premiums, net of accretion of purchase discounts 6,580 11,715 
Deferred income taxes (562 ) (2,406 )
Impairment of assets — 416 
Other 395 307 
Changes in operating assets and liabilities, net of effects of business acquisitions 
Accounts receivable (143,336 ) (111,605 )
Deferred contract acquisition costs (158,503 ) (137,673 )
Prepaid expenses, other current and noncurrent assets (10,287 ) (3,388 )
Accounts payable 14,358 7,451 
Accrued expenses, other current and noncurrent liabilities 13,377 6,532 
Accrued compensation 18,326 43,877 
Deferred revenue 391,179 262,425 
Operating lease liabilities (27,663 ) (22,051 )
 Net cash provided by operating activities 321,912 202,040 
Cash Flows From Investing Activities 
Purchases of property, equipment and other assets (69,296 ) (48,165 )
Capitalized internal-use software (21,284 ) (10,132 )
Payments for business acquisitions, net of cash acquired (25,287 ) (40,530 )
Strategic investments — (3,077 )
Purchases of short-term investments (844,944 ) (815,480 )
Proceeds from maturities of short-term investments 1,334,874 785,217 
Proceeds from sale of short-term investments — 22,499 
 Net cash provided by (used in) investing activities 374,063 (109,668 )
Cash Flows From Financing Activities 
Proceeds from issuance of common stock upon exercise of stock options 6,943 18,221 
Proceeds from issuance of common stock under the employee stock purchase plan 34,649 25,704 
Payment of deferred consideration related to business acquisitions (250 ) (2,250 )
Other (5 ) — 
 Net cash provided by financing activities 41,337 41,675 
Net increase in cash and cash equivalents (1) 737,312 134,047 
Cash and cash equivalents at beginning of period (1) 275,898 141,851 
Cash and cash equivalents at end of period (1) $ 1,013,210 $ 275,898
다음은 최근 수익 보고서 정보이며 이제 그 이유를 설명합니다.지스케일러, INC.요약된 연결 재무상태표(천 단위, 주당 금액 제외)(미감사)  당분기말 3개월 당월 31일, 7월 31일 2022 2021 2022 2021 매출액 $ 318,059 $ 197,074 $ 1,090,946 $ 673,100 매출원가(1) (2) 68,308 45,478 242,282 150,317 매출총이익 249,751 151,596 848,664 522,783 영업비용 판매 및 마케팅(1) (2) 214,228 136,385 735,219 459,407 연구개발비(1) (2) 78,150 56,180 289,139 174,653 일반 및 관리비(1) (3) 39,902 26,428 151,735 96,535 총 영업비용 332,280 218,993 1,176,093 730,595 영업손실 (82,529 ) (67,397 ) (327,429 ) (207,812 )이자수익 2,607 524 4,586 2,812 이자비용(4) (14,458 ) (13,634 ) (56,579 ) (53,364 )기타영업외수익(비용) (774 ) 329 (4,208 ) 1,186 법인세비용차감전순손실 (95,154 ) (80,178 ) (383,630 ) (257,178 )법인세비용충당부채 2,498 845 6,648 4,851 당기순손실 $ (97,652 ) $ (81,023 ) $ (390,278 ) $ (262,029 )기본 및 희석주당순손실 $ (0.69 ) $ (0.59 ) $ (2.77 ) $ (1.93 )기본주당순손실 및 희석주당순손실 계산에 사용된 가중평균주식수 142,355 137,778 140,895 135,654 (1) 주식 기반 보상 비용 및 관련 급여세는 다음과 같습니다:매출원가 $ 7,696 $ 5,033 $ 25,292 $ 15,272 영업 및 마케팅 57,505 42,957 202,211 144,273 연구 및 개발 33,486 25,558 123,422 73,238 일반 및 관리비 19,628 12,395 79,095 45,779 합계 $ 118,315 $ 85,943 $ 430,020 $ 278,562 (2) 취득한 무형자산의 상각비는 다음과 같습니다:매출원가 $ 1,939 $ 1,958 $ 7,975 $ 6,468 영업 및 마케팅 178 108 704 327 연구 및 개발 198 - 331 - 합계 $ 2,315 $ 2,066 $ 9,010 $ 6,795  (3) 시설 철수와 관련된 자산손상차손은 다음과 같습니다: $ - $ - $ - $ 416  (4) 부채할인 및 발행원가의 상각은 다음과 같습니다: $ 14,098 $ 13,274 $ 55,141 $ 51,923 지스케일러, INC.요약 연결 대차대조표(천 단위)(미감사) 당기말 2022 2021 자산 유동자산 현금 및 현금성자산 $ 1,013,210 $ 275,898 단기투자자산 718,129 1,226,654 매출채권, 순 399,745 257,109 이연계약취득원가 86,210 57,373 선급비용 및 기타 유동자산 39,353 31,269 총 유동자산 2,256,647 1,848,303 유형자산, 순 160,633 108,576 운용리스사용권자산 72,357 44,339 이연계약취득원가, 비유동 210,792 149,657 취득무형자산, 순 31,819 32,129 영업권 78,547 58,977 기타비유동자산 21,870 15,650 총자산 $ 2,832,665 $ 2,257,631  부채 및 자본 유동부채 미지급금 $ 26,154 $ 12,547 미지급비용 및 기타 유동부채 46,496 22,908 미지급 보상금 111,948 93,622 이연수익 923,749 571,286 운용리스부채 26,100 19,842 총 유동부채 1,134,447 720,205 전환상환우선주 순액 968,674 913,538 이연수익, 비유동 97,374 59,315 운용리스부채, 비유동 50,948 31,225 기타비유동부채 7,922 4,453 총부채 2,259,365 1,728,736 주주 자본 보통주 143 139 추가납입자본금 1,590,885 1,131,006 기타포괄손실누계액 (25,850 ) (650 )누적결손금 (991,878 ) (601,600 )자본총계 573,300 528,895 부채총계 및 자본총계 2,832,665 $ 2,257,631 $ 2,257,631 지스케일러, INC.압축된 연결 현금 흐름표(천 단위)(미감사) 당기말 7월 31일 2022 2021 영업활동으로 인한 현금 흐름 당기순손실 $ (390,278 ) $ (262,029 )순손실과 영업활동으로 인한 현금 제공을 조정하기 위한 조정 내역 감가상각비 40,456 29,663 취득무형자산상각비 9,010 6,795 이연계약취득원가 상각비 68,531 40,558 부채할인 및 발행원가의 상각 55,141 51,923 비현금성 운용리스 비용 25,626 20,995 주식기준보상비용 409,562 258,535 투자 프리미엄 상각, 매입할인액 차감 6,580 11,715 이연법인세 (562 ) (2,406 )자산손상차손 - 416 기타 395 307 영업자산과 부채의 변동, 사업양수도의 효과 차감 매출채권 (143,336 ) (111,605 )이연계약취득원가 (158,503 ) (137,673 )선급비용, 기타유동자산 및 비유동자산 (10,287 ) (3,388 )미지급금 14,358 7,451 미지급비용, 기타유동부채 13,377 6,532 미지급보상금 18,326 43,877 이연수익 391,179 262,425 운용리스부채 (27,663 ) (22,051 ) 영업활동으로 인한 순현금 321,912 202,040 투자활동으로 인한 현금 흐름 유형자산의 취득, e