XML 17 R3.htm IDEA: XBRL DOCUMENT v3.22.4
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 300,635 $ 403,262
Disbursement prefunding 158,055 119,627
Customer funds receivable, net 191,402 67,215
Prepaid expenses and other current assets 19,327 17,448
Total current assets 669,419 607,552
Restricted cash 99 51
Property and equipment, net 11,546 9,249
Operating lease right-of-use assets 8,675 5,302
Other noncurrent assets, net 6,214 3,510
Total assets 695,953 625,664
Current liabilities    
Accounts payable 6,794 1,210
Customer liabilities 111,075 70,483
Accrued expenses and other current liabilities 87,752 66,683
Operating lease liabilities 3,521 3,240
Total current liabilities 209,142 141,616
Operating lease liabilities, noncurrent 5,674 2,907
Other noncurrent liabilities 1,050 813
Total liabilities 215,866 145,336
Commitments and contingencies (Note 14)
Stockholders’ equity    
Common stock, $0.0001 par value; 725,000,000 shares authorized as of December 31, 2022 and 2021; 173,250,865 and 164,239,555 shares issued and outstanding, as of December 31, 2022 and 2021, respectively 17 16
Additional paid-in capital 854,276 739,503
Accumulated other comprehensive (loss) income (743) 253
Accumulated deficit (373,463) (259,444)
Total stockholders’ equity 480,087 480,328
Liabilities and Equity, Total $ 695,953 $ 625,664