v3.24.1.u1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current Assets:    
Cash and cash equivalents $ 2,055,728 $ 2,025,891
Accounts receivable, net of allowances of $26,161 and $34,127 as of March 31, 2024 and December 31, 2023, respectively 716,727 816,337
Inventories 94,531 92,129
Prepaid expenses and other current assets 129,144 138,585
Total current assets 2,996,130 3,072,942
Property and equipment, net 251,487 264,556
Operating lease right-of-use assets 358,105 371,444
Content assets, net 249,526 257,395
Intangible assets, net 38,076 41,753
Goodwill 161,519 161,519
Other non-current assets 96,912 92,183
Total Assets 4,151,755 4,261,792
Current Liabilities:    
Accounts payable 385,656 385,330
Accrued liabilities 672,440 788,040
Deferred revenue, current portion 101,650 102,157
Total current liabilities 1,159,746 1,275,527
Deferred revenue, non-current portion 23,491 24,572
Operating lease liability, non-current portion 568,627 586,174
Other long-term liabilities 44,062 49,186
Total Liabilities 1,795,926 1,935,459
Commitments and contingencies (Note 11)
Stockholders’ Equity:    
Common stock, $0.0001 par value 14 14
Additional paid-in capital 3,704,435 3,623,747
Accumulated other comprehensive income (loss) (178) 159
Accumulated deficit (1,348,442) (1,297,587)
Total stockholders’ equity 2,355,829 2,326,333
Total Liabilities and Stockholders’ Equity $ 4,151,755 $ 4,261,792