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Other Balance Sheets Components | 12 Months Ended
--- | ---
Dec. 31, 2023
Other Balance Sheets Components |
Other Balance Sheets Components | 8. Other Balance Sheets Components ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | As of December 31,
​ |  | 2022 |  | 2023
​ | ​ | (In US$ thousands)
Accounts receivable, net: | ​ | ​ | ​ | ​ | ​ | ​
Due from third parties | ​ | $ | 416,125 | ​ | $ | 396,043
Due from Alibaba | ​ | ​ | 75,347 | ​ | ​ | 61,094
Due from other related parties | ​ | ​ | 49,151 | ​ | ​ | 38,188
Total gross amount | ​ | ​ | 540,623 | ​ | ​ | 495,325
Allowance for credit losses: | ​ | ​ | ​ | ​ | ​ | ​
Balance at the beginning of the year | ​ | ​ | (42,650) | ​ | ​ | (38,180)
Additional provision charged to expenses, net | ​ | ​ | (4,440) | ​ | ​ | (19,208)
Write-off | ​ | ​ | 4,695 | ​ | ​ | 1,435
Currency translation adjustment | ​ | ​ | 4,215 | ​ | ​ | 1,396
Balance at the end of the year | ​ | ​ | (38,180) | ​ | ​ | (54,557)
​ | ​ | $ | 502,443 | ​ | $ | 440,768
​ | ​ | ​ | ​ | ​ | ​ | ​
Prepaid expenses and other current assets: | ​ | ​ | ​ | ​ | ​ | ​
Rental and other deposits | ​ | $ | 1,583 | ​ | $ | 1,606
Deductible value-added taxes | ​ | ​ | 3,865 | ​ | ​ | 4,860
Investment prepayment | ​ | ​ | 30,938 | ​ | ​ | 29,055
Proceeds receivable from disposal of investments | ​ | ​ | 13,371 | ​ | ​ | —
Loans to and interest receivable from other related parties(1) (Note 10) | ​ | ​ | 110,000 | ​ | ​ | 100,000
Loans to and interest receivable from third parties(1) | ​ | ​ | 136,683 | ​ | ​ | 137,042
Advertising prepayment | ​ | ​ | 9,126 | ​ | ​ | 8,563
Prepayment to outsourced service providers | ​ | ​ | 3,479 | ​ | ​ | 3,380
Amounts deposited by users(2) | ​ | ​ | 52,216 | ​ | ​ | 50,194
Content fees | ​ | ​ | 15,859 | ​ | ​ | 15,796
Others | ​ | ​ | 14,382 | ​ | ​ | 9,385
​ | ​ | $ | 391,502 | ​ | $ | 359,881
​ | ​ | ​ | ​ | ​ | ​ | ​
Property and equipment, net: | ​ | ​ | ​ | ​ | ​ | ​
Office building | ​ | $ | 196,223 | ​ | $ | 190,295
Office building related facilities | ​ | ​ | 3,298 | ​ | ​ | 3,199
Computers and equipment | ​ | ​ | 228,599 | ​ | ​ | 213,637
Leasehold improvements | ​ | ​ | 13,064 | ​ | ​ | 13,178
Furniture and fixtures | ​ | ​ | 8,139 | ​ | ​ | 7,950
Others | ​ | ​ | 17,733 | ​ | ​ | 18,644
Property and equipment, gross | ​ | ​ | 467,056 | ​ | ​ | 446,903
Accumulated depreciation | ​ | ​ | (217,503) | ​ | ​ | (226,240)
​ | ​ | $ | 249,553 | ​ | $ | 220,663
Other non-current assets | ​ | ​ | ​ | ​ | ​ | ​
Investment-related deposits(3) | ​ | $ | 373,252 | ​ | $ | 325,895
Loans to and interest receivable from other related parties(1) (Note 10) | ​ | ​ | 454,912 | ​ | ​ | 349,716
Deferred tax assets | ​ | ​ | 39,989 | ​ | ​ | 43,262
Others | ​ | ​ | 30,269 | ​ | ​ | 36,889
​ | ​ | $ | 898,422 | ​ | $ | 755,762
Accrued and other liabilities(4): | ​ | ​ | ​ | ​ | ​ | ​
Payroll and welfare | ​ | $ | 156,274 | ​ | $ | 161,579
Marketing expenses | ​ | ​ | 74,093 | ​ | ​ | 62,267
Sales rebates | ​ | ​ | 266,455 | ​ | ​ | 244,868
Professional fees | ​ | ​ | 8,836 | ​ | ​ | 8,083
VAT and other tax payable | ​ | ​ | 51,037 | ​ | ​ | 56,548
Amounts due to users(2) | ​ | ​ | 52,216 | ​ | ​ | 50,194
Payable to SINA for the acquisition of the equity of STC (Note 6) | ​ | ​ | 218,402 | ​ | ​ | —
Unpaid consideration for acquisitions | ​ | ​ | 687 | ​ | ​ | 5,674
Unpaid consideration for investment | ​ | ​ | 4,320 | ​ | ​ | 2,186
Proceeds received in advance from disposal of investment | ​ | ​ | 14,496 | ​ | ​ | —
Interest payable for convertible senior notes, unsecured senior notes and long-term loans | ​ | ​ | 28,257 | ​ | ​ | 28,812
Others | ​ | ​ | 38,911 | ​ | ​ | 36,234
​ | ​ | $ | 913,984 | ​ | $ | 656,445
(1) | Loans to related parties and third parties incurred for the years ended December 31, 2022 and 2023 were non-trade in nature.
(2) | Weibo wallet enables users to conduct interest-generation activities on Weibo, such as handing out “red envelopes” and coupons to users and purchase different types of products and services on Weibo, including those offered by the Group, such as marketing services and membership, and those offered by Weibo’s platform partners, such as e-commerce merchandises, financial products and virtual gifts. Amounts deposited by users primarily represent the receivable temporarily held in Weibo’s account on a third-party online payment platform for Weibo wallet users. Amounts due to users represent the balances that are payable on demand to Weibo wallet users and therefore are reflected as current liability on the consolidated balance sheets.
(3) | Investment-related deposits primarily included a game company amounted to US$249.4 million and US$154.0 million as of December 31, 2022 and 2023, respectively.
(4) | Include amounts due to third parties, employees, related parties (Note 10) and Weibo wallet users.

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