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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 618.3 $ 440.1
Accounts receivable, net of allowance of $7.1 and $8.1, respectively 48.5 54.8
Compass Concierge receivables, net of allowance of $17.3 and $17.2, respectively 32.9 49.5
Other current assets 94.9 54.9
Total current assets 794.6 599.3
Property and equipment, net 157.4 141.7
Operating lease right-of-use assets 484.7 426.6
Intangible assets, net 127.2 45.6
Goodwill 188.3 119.8
Other non-current assets 48.4 32.1
Total assets 1,800.6 1,365.1
Current liabilities    
Accounts payable 34.6 36.6
Commissions payable 63.9 62.0
Accrued expenses and other current liabilities 240.9 106.8
Current lease liabilities 81.5 68.1
Concierge credit facility 16.2 8.4
Total current liabilities 437.1 281.9
Non-current lease liabilities 483.0 435.9
Other non-current liabilities 32.9 23.5
Total liabilities 953.0 741.3
Commitments and contingencies (Note 11)
Convertible preferred stock, $0.00001 par value, 0 and 246,430,170 shares authorized at December 31, 2021 and 2020, respectively; 0 and 237,047,550 shares issued and outstanding at December 31, 2021 and 2020, respectively 0.0 1,486.7
Stockholders' equity (deficit)    
Common stock, $0.00001 par value, 13,850,000,000 and 700,754,910 shares authorized at December 31, 2021 and 2020, respectively; 409,267,751 and 125,221,900 shares issued at December 31, 2021 and 2020, respectively; 409,267,751 and 122,971,900 shares outstanding at December 31, 2021 and 2020, respectively 0.0 0.0
Additional paid-in capital 2,438.8 238.0
Accumulated deficit (1,595.0) (1,100.9)
Total Compass, Inc. stockholders' equity (deficit) 843.8 (862.9)
Non-controlling interest 3.8 0.0
Total stockholders' equity (deficit) 847.6 (862.9)
Total liabilities, convertible preferred stock and stockholders' equity (deficit) $ 1,800.6 $ 1,365.1