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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jul. 31, 2022
Jul. 31, 2021
Current assets:    
Cash and cash equivalents $ 402,850 $ 285,723
Short-term investments 921,429 928,006
Accounts receivable, net of allowances of $892 and $644, respectively 124,559 180,781
Deferred commissions—current 115,356 110,935
Prepaid expenses and other current assets 93,787 56,816
Total current assets 1,657,981 1,562,261
Property and equipment, net 113,440 131,621
Operating lease right-of-use assets 118,740 105,903
Deferred commissions—non-current 252,234 232,485
Intangible assets—net 15,829 32,012
Goodwill 185,260 185,260
Other assets—non-current 22,265 27,954
Total assets 2,365,749 2,277,496
Current liabilities:    
Accounts payable 44,931 47,056
Accrued compensation and benefits 149,811 162,337
Accrued expenses and other current liabilities 49,232 39,404
Deferred revenue—current 720,993 636,421
Operating lease liabilities—current 39,801 42,670
Convertible senior notes, net current 145,456 0
Total current liabilities 1,150,224 927,888
Deferred revenue—non-current 724,545 676,502
Operating lease liabilities—non-current 89,782 86,599
Convertible senior notes, net 1,156,205 1,055,694
Derivative Liability 0 500,175
Other liabilities-non-current 35,161 42,679
Total liabilities 3,155,917 3,289,537
Commitments and contingencies (Note 7)
Stockholders’ (deficit) equity:    
Preferred stock, par value of $0.000025 per share-200,000 shares authorized as of July 31, 2021 and 2022; no shares issued and outstanding as of July 31, 2021 and 2022 0 0
Common stock, par value of $0.000025 per share-1,200,000 (1,000,000 Class A, 200,000 Class B) and 1,042,004 (1,000,000 Class A, 42,004 Class B) shares authorized as of July 31, 2021 and 2022, respectively; 214,210 (208,579 Class A and 5,631 Class B) and 226,938 (226,938 Class A and zero Class B) shares issued and outstanding as of July 31, 2021 and 2022, respectively (1) [1] 6 5
Additional paid-in capital 3,583,928 2,615,317
Accumulated other comprehensive income (loss) (6,076) (8)
Accumulated deficit (4,368,026) (3,627,355)
Total stockholders' deficit (790,168) (1,012,041)
Total liabilities and stockholders' deficit $ 2,365,749 $ 2,277,496
[1] Effective January 3, 2022, all of the then outstanding shares of Nutanix, Inc. Class B common stock were automatically converted into the same number of shares of Nutanix, Inc. Class A common stock. See Note 8 for further details.