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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 315,324 $ 406,974
Restricted funds held for customers 1,154,280 1,578,656
Marketable securities 78,957 44,645
Accounts receivable, net of allowances of $4,738 and $4,231, respectively 56,102 46,689
Supplier advances receivable, net of allowances of $1,664 and $1,333 respectively 13,965 9,744
Prepaid expenses and other current assets 12,678 12,070
Total current assets 1,631,306 2,098,778
Property and equipment, net 98,433 100,985
Operating lease right-of-use assets 1,279 1,628
Deferred customer origination costs, net 27,678 27,663
Goodwill 165,921 165,921
Intangible assets, net 74,033 84,805
Other noncurrent assets and deposits 6,399 3,957
Total assets 2,005,049 2,483,737
Current liabilities    
Accounts payable 15,991 16,777
Accrued expenses 47,473 56,367
Payment service obligations 1,154,280 1,578,656
Deferred revenue 13,076 12,851
Current maturities of lease obligations under finance leases 171 275
Current maturities of lease obligations under operating leases 1,659 1,525
Current maturities of long-term debt 4,800 6,425
Total current liabilities 1,237,450 1,672,876
Long-term liabilities    
Deferred revenue, less current portion 12,395 14,742
Obligations under finance leases, less current maturities 62,863 62,464
Obligations under operating leases, less current maturities 2,291 3,275
Long-term debt 9,100 69,760
Other long-term liabilities 4,152 4,175
Total liabilities 1,328,251 1,827,292
Commitments and contingencies
Stockholders' equity    
Preferred stock, $0.001 par value; 50,000,000 shares authorized, no shares issued and outstanding as of September 30, 2024 and December 31, 2023
Common stock, $0.001 par value; 1,600,000,000 shares authorized as of September 30, 2024 and December 31, 2023; 205,517,689 and 204,084,024 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively 205 204
Additional paid-in capital 1,695,279 1,678,401
Accumulated deficit (1,018,686) (1,022,160)
Total stockholders' equity 676,798 656,445
Total liabilities and stockholders' equity $ 2,005,049 $ 2,483,737