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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 914,323 $ 921,278
Short-term investments 236,118 250,413
Accounts receivable, net 24,734 27,888
Prepaid and other current assets 129,884 80,203
Funds receivable and seller accounts 265,387 233,961
Total current assets 1,570,446 1,513,743
Restricted cash 0 5,341
Property and equipment, net 249,794 249,744
Goodwill 138,377 137,724
Intangible assets, net 457,140 535,406
Deferred tax assets 137,776 121,506
Long-term investments 86,676 29,137
Other assets 45,191 42,360
Total assets 2,685,400 2,634,961
Current liabilities:    
Accounts payable 29,920 28,757
Accrued expenses 353,553 331,234
Finance lease obligations—current 6,079 4,731
Funds payable and amounts due to sellers 265,387 233,961
Deferred revenue 14,635 14,008
Other current liabilities 41,207 19,064
Total current liabilities 710,781 631,755
Finance lease obligations—net of current portion 99,620 105,699
Deferred tax liabilities 13,192 44,735
Long-term debt, net 2,283,817 2,279,640
Other liabilities 121,705 120,406
Total liabilities 3,229,115 3,182,235
Commitments and contingencies (Note 14)
Stockholders' deficit:    
Common stock ($0.001 par value, 1,400,000,000 shares authorized as of December 31, 2023 and 2022; 119,068,884 and 125,054,278 shares issued and outstanding as of December 31, 2023 and 2022, respectively) 119 125
Preferred stock ($0.001 par value, 25,000,000 shares authorized as of December 31, 2023 and 2022) 0 0
Additional paid-in capital 1,081,026 815,085
Accumulated deficit (1,357,390) (1,048,267)
Accumulated other comprehensive loss (267,470) (314,217)
Total stockholders' deficit (543,715) (547,274)
Total liabilities and stockholders’ deficit $ 2,685,400 $ 2,634,961