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Balance Sheet Components (Tables) | 6 Months Ended
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Jun. 30, 2023
Balance Sheet Related Disclosures [Abstract] |
Cash and Cash Equivalents | The following table reconciles cash and cash equivalents, restricted cash, and funds held in escrow that are restricted as reported in the condensed consolidated balance sheets as of June 30, 2023 and December 31, 2022 to the total of the same amounts shown in the condensed consolidated statement of cash flows for the six months ended June 30, 2023:
(In thousands) | June 30, 2023 |  | December 31, 2022
Cash and cash equivalents | $ | 154,106 |  |  | $ | 129,384 |
Restricted cash | 4,390 |  |  | 4,390 |
Funds held in escrow, including funds in transit | 177,655 |  |  | 161,457 |
Total cash, cash equivalents, and restricted cash as shown in the condensed consolidated statement of cash flows | $ | 336,151 |  |  | $ | 295,231 |
Property and Equipment, Net | Property and equipment, net consisted of the following:
(In thousands) | June 30, 2023 |  | December 31, 2022
Internal-use software and platform development | $ | 39,699 |  |  | $ | 33,273 |
Leasehold improvements | 11,644 |  |  | 11,644 |
Computer equipment and software | 6,640 |  |  | 6,514 |
Office furniture and fixtures | 3,475 |  |  | 3,475 |
Total property and equipment | 61,458 |  |  | 54,906 |
Less: accumulated depreciation | (36,591) |  |  | (32,843) |
Property and equipment, net | $ | 24,867 |  |  | $ | 22,063 |
Accrued Expenses and Other Current Liabilities | Accrued expenses and other current liabilities consisted of the following:
(In thousands) | June 30, 2023 |  | December 31, 2022
Accrued compensation and related benefits | $ | 11,295 |  |  | $ | 17,239 |
Accrued indirect taxes | 13,196 |  |  | 14,102 |
Accrued vendor expenses | 11,545 |  |  | 8,858 |
Operating lease liability, current | 6,593 |  |  | 6,502 |
Accrued payment processing fees | 2,494 |  |  | 2,425 |
Accrued talent costs | 1,856 |  |  | 2,352 |
Other | 1,838 |  |  | 2,133 |
Total accrued expenses and other current liabilities | $ | 48,817 |  |  | $ | 53,611 |

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- Definition Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 10 -Topic 360 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482099/360-10-50-1 + Details
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