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Balance Sheet Components (Tables)
6 Months Ended
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, 2023December 31, 2022
Cash and cash equivalents$154,106 $129,384 
Restricted cash4,390 4,390 
Funds held in escrow, including funds in transit177,655 161,457 
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, 2023December 31, 2022
Internal-use software and platform development$39,699 $33,273 
Leasehold improvements11,644 11,644 
Computer equipment and software6,640 6,514 
Office furniture and fixtures3,475 3,475 
Total property and equipment61,458 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, 2023December 31, 2022
Accrued compensation and related benefits$11,295 $17,239 
Accrued indirect taxes13,196 14,102 
Accrued vendor expenses11,545 8,858 
Operating lease liability, current6,593 6,502 
Accrued payment processing fees2,494 2,425 
Accrued talent costs1,856 2,352 
Other1,838 2,133 
Total accrued expenses and other current liabilities$48,817 $53,611