XML 73 R46.htm IDEA: XBRL DOCUMENT
v3.25.0.1

OTHER CONSOLIDATED BALANCE SHEET COMPONENTS (CURRENT) (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Other Current Assets | The following table presents the detail of other current assets (in thousands):
| December 31, 2024 |  | December 31, 2023
Restricted cash (i) | $ | 902,478 |  |  | $ | 770,380 |
Processing costs receivable | 478,767 |  |  | 365,153 |
Loans held for investment, net of allowance for loan losses (ii) | 365,062 |  |  | 247,631 |
Accounts receivable, net | 148,898 |  |  | 134,824 |
Prepaid expenses | 129,343 |  |  | 100,770 |
Inventory, net | 104,990 |  |  | 110,097 |
Short term deposits (iii) | 87,968 |  |  | 397,630 |
Other | 324,198 |  |  | 227,003 |
Total | $ | 2,541,704 |  |  | $ | 2,353,488 |
(i) Includes a portion invested in money market funds. Refer to Note 5, Fair Value Measurements for further details. (ii) Refer to Note 7, Customer Loans for further details. (iii) As of December 31, 2023, includes a $350.0 million deposit held by a processor to meet requirements related to processing volumes under an arrangement that was executed in the fourth quarter of 2023. During the first quarter of 2024, this $350.0 million deposit was returned to the Company. This activity is included within cash flows from operating activities within the Company's consolidated statements of cash flows.
Accrued Expenses and Other Current Liabilities | The following table presents the detail of accrued expenses and other current liabilities (in thousands):
| December 31, 2024 |  | December 31, 2023
Accrued expenses | $ | 725,339 |  |  | $ | 538,812 |
Customer deposits | 241,884 |  |  | 167,028 |
Accounts payable | 117,963 |  |  | 142,554 |
Accrued transaction losses (i) | 58,580 |  |  | 54,042 |
Accrued royalties | 57,605 |  |  | 62,140 |
Operating lease liabilities, current | 52,880 |  |  | 53,721 |
Other | 270,898 |  |  | 316,372 |
Total | $ | 1,525,149 |  |  | $ | 1,334,669 |
(i) The Company is exposed to potential credit losses related to transactions processed by sellers that are subsequently subject to chargebacks when the Company is unable to collect from the sellers primarily due to insolvency. Generally, the Company estimates the potential loss rates based on historical experience that is continuously adjusted for new information and incorporates, where applicable, reasonable and supportable forecasts about future expectations.
Reserve for Transaction Losses | The following table summarizes the activities of the Company’s reserve for transaction losses (in thousands):
| Year Ended December 31,
| 2024 |  | 2023 |  |
Accrued transaction losses, beginning of the period | $ | 54,042 |  |  | $ | 64,539 |  |  |
Provision for transaction losses | 111,163 |  |  | 95,885 |  |  |
Charge-offs to accrued transaction losses | (106,625) |  |  | (106,382) |  |  |
Accrued transaction losses, end of the period | $ | 58,580 |  |  | $ | 54,042 |  |  |

X
- References No definition available. + Details
Name: | us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the (a) carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business (accounts payable); (b) other payables; and (c) accrued liabilities. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). An alternative caption includes accrued expenses. + References No definition available. + Details
Name: | us-gaap_ScheduleOfAccountsPayableAndAccruedLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the loss contingencies that were reported in the period or disclosed as of the balance sheet date. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 450 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147483076/450-20-50-1 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 450 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483076/450-20-50-4 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 450 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483076/450-20-50-9 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 460 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482425/460-10-50-3 + Details
Name: | us-gaap_ScheduleOfLossContingenciesByContingencyTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the carrying amounts of other current assets. + References No definition available. + Details
Name: | us-gaap_ScheduleOfOtherCurrentAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration