Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 37,243	$ 67,628
Total restricted cash	419,400	741,884
Accounts receivable, net of allowance of $5,660 and $5,228 at March 31, 2025 and December 31, 2024, respectively	78,105	83,539
Customer funds receivable	4,522	1,970
Prepaid expenses and other current assets	88,182	81,287
Total current assets	627,452	976,308
Property and equipment, net	85,031	91,926
Operating lease right-of-use assets	1,725	26,554
Software and content development costs, net	150,113	148,319
Goodwill	1,054,290	1,052,506
Intangible assets, net	126,338	132,881
Other assets	57,270	67,221
Total assets	2,102,219	2,495,715
Current liabilities:
Trade accounts payable	46,435	50,810
Accrued expenses and other current liabilities	45,124	75,543
Due to customers	422,780	742,340
Debt, current portion	23,350	23,875
Deferred revenue, current portion	326,209	359,529
Total current liabilities	863,898	1,252,097
Debt, net of current portion	1,182,343	1,051,110
Deferred tax liability	9,604	9,518
Deferred revenue, net of current portion	6,033	2,015
Operating lease liabilities, net of current portion	2,395	34,186
Other liabilities	4,771	4,796
Total liabilities	2,069,044	2,353,722
Commitments and contingencies (see Note 8)
Stockholders' equity:
Preferred stock, shares authorized	20,000,000	20,000,000
Preferred stock, shares outstanding	0	0
Preferred stock; 20,000,000 shares authorized, none outstanding	$ 0	$ 0
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	180,000,000	180,000,000
Common stock, shares issued	72,258,301	70,943,373
Common stock, shares, outstanding	48,515,315	49,245,588
Common stock, $0.001 par value; 180,000,000 shares authorized, 72,258,301 and 70,943,373 shares issued at March 31, 2025 and December 31, 2024, respectively; 48,515,315 and 49,245,588 shares outstanding at March 31, 2025 and December 31, 2024, respectively	$ 72	$ 71
Additional paid-in capital	$ 1,319,562	$ 1,291,442
Treasury stock, shares	23,742,986	21,697,785
Treasury stock, at cost; 23,742,986 and 21,697,785 shares at March 31, 2025 and December 31, 2024, respectively	$ (1,198,721)	$ (1,060,348)
Accumulated other comprehensive loss	(8,302)	(4,869)
Retained earnings	(79,436)	(84,303)
Total stockholders' equity	33,175	141,993
Total liabilities and stockholders' equity	$ 2,102,219	$ 2,495,715

Carrying value as of the balance sheet date of obligations incurred, for which invoices have typically not been received that are payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Includes aggregate carrying amount, as of the balance sheet date, of current obligations not separately disclosed in the balance sheet due to materiality considerations. Current liabilities are expected to be paid within one year (or the normal operating cycle, if longer).

No definition available.