v3.22.2.2
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 789,990 $ 780,196
Short-term Investments 251,165 204,416
Accounts receivable, net of expected credit losses of $6,675 and $7,730 as of September 30, 2022 and December 31, 2021, respectively 21,765 27,266
Prepaid and other current assets 93,700 109,417
Funds receivable and seller accounts 195,493 220,206
Total current assets 1,352,113 1,341,501
Restricted cash 5,341 5,341
Property and equipment, net of accumulated depreciation and amortization of $189,875 and $157,043 as of September 30, 2022 and December 31, 2021, respectively 249,905 275,062
Goodwill 135,922 1,371,064
Intangible assets, net of accumulated amortization of $78,531 and $53,152 as of September 30, 2022 and December 31, 2021, respectively 517,018 607,170
Deferred tax assets 115,068 95,863
Long-term Investments 32,138 85,034
Other assets 42,806 50,774
Total assets 2,450,311 3,831,809
Current liabilities:    
Accounts payable 16,841 28,007
Accrued expenses 249,964 328,118
Finance lease obligations—current 4,827 2,418
Funds payable and amounts due to sellers 195,493 220,206
Deferred revenue 12,225 12,339
Other current liabilities 17,896 24,500
Total current liabilities 497,246 615,588
Finance lease obligations—net of current portion 106,330 110,283
Deferred tax liabilities 62,155 79,484
Long-term debt, net 2,278,585 2,275,418
Other liabilities 112,237 122,417
Total liabilities 3,056,553 3,203,190
Commitments and contingencies (Note 10)
Stockholders’ (deficit) equity:    
Common stock ($0.001 par value, 1,400,000,000 shares authorized as of September 30, 2022 and December 31, 2021; 125,661,777 and 127,022,118 shares issued and outstanding as of September 30, 2022 and December 31, 2021, respectively) 126 127
Preferred stock ($0.001 par value, 25,000,000 shares authorized as of September 30, 2022 and December 31, 2021) 0 0
Additional paid-in capital 773,887 631,762
(Accumulated deficit) retained earnings (1,007,397) 71,744
Accumulated other comprehensive loss (372,858) (75,014)
Total stockholders' (deficit) equity (606,242) 628,619
Total liabilities and stockholders' (deficit) equity $ 2,450,311 $ 3,831,809