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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 440,838 $ 188,670
Restricted cash 0 2,347
Short-term deposits 5,000 287,000
Accounts receivable, net 46,886 37,547
Prepaid expenses and other current assets 10,607 14,371
Short-term investments 28,968 0
Total current assets 532,299 529,935
Property and equipment, net 15,639 18,586
Operating lease right-of-use assets 29,742 35,158
Deferred contract acquisition costs 15,562 14,383
Other assets, noncurrent 8,690 8,922
Total assets 601,932 606,984
Current liabilities:    
Accounts payable 2,573 2,110
Accrued compensation and benefits 24,016 24,134
Guarantee obligations 12,719 12,361
Provision for chargebacks, net 12,092 11,980
Operating lease liabilities, current 5,615 6,214
Accrued expenses and other current liabilities 12,796 15,813
Total current liabilities 69,811 72,612
Operating lease liabilities, noncurrent 25,694 31,202
Other liabilities, noncurrent 14,706 8,734
Total liabilities 110,211 112,548
Commitments and Contingencies
Shareholders’ equity:    
Treasury shares at cost, 3,038,865 and zero ordinary shares as of December 31, 2023 and 2022, respectively (13,155) 0
Additional paid-in capital 916,371 848,609
Accumulated other comprehensive profit (loss) 74 (1,639)
Accumulated deficit (411,569) (352,534)
Total shareholders’ equity 491,721 494,436
Total liabilities and shareholders’ equity 601,932 606,984
Common Class A    
Shareholders’ equity:    
Common stock, value, issued 0 0
Common Class B    
Shareholders’ equity:    
Common stock, value, issued $ 0 $ 0