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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 327,081 $ 349,177
Restricted cash 2,000 2,000
Accounts receivable, net 17,938 13,697
Unbilled receivables, net 4,021 5,268
Funds receivable from payment partners 28,647 62,970
Prepaid expenses and other current assets 16,206 17,531
Total current assets 395,893 450,643
Property and equipment, net 14,274 13,317
Intangible assets, net 95,079 97,616
Goodwill 98,329 97,766
Other assets 17,399 14,945
Total assets 620,974 674,287
Current liabilities:    
Accounts payable 14,169 13,325
Funds payable to clients 63,962 124,305
Accrued expenses and other current liabilities 34,345 33,109
Deferred revenue 3,755 5,223
Contingent consideration 21 1,314
Total current liabilities 116,252 177,276
Deferred tax liabilities 12,069 12,149
Contingent consideration, net of current portion 20 18
Other liabilities 2,469 2,941
Total liabilities 130,810 192,384
Commitments and contingencies (Note 16)
Stockholders' equity:    
Preferred stock, $0.0001 par value; 10,000,000 shares authorized as of March 31, 2023 and December 31, 2022; and no shares issued and outstanding as of March 31, 2023 and December 31, 2022 0 0
Voting common stock, $0.0001 par value; 2,000,000,000 shares authorized as of March 31, 2023 and December 31, 2022; 111,042,997 shares issued and 108,725,275 shares outstanding as of March 31, 2023; 109,790,702 shares issued and 107,472,980 shares outstanding as of December 31, 2022 10 10
Non-voting common stock, $0.0001 par value; 10,000,000 shares authorized as of March 31, 2023 and December 31, 2022; 1,873,320 shares issued and outstanding as of March 31, 2023 and December 31, 2022 1 1
Treasury voting common stock, 2,317,722 shares as of March 31, 2023 and December 31, 2022, held at cost (748) (748)
Additional paid-in capital 662,067 649,756
Accumulated other comprehensive loss (2,279) (1,912)
Accumulated deficit (168,887) (165,204)
Total stockholders' equity 490,164 481,903
Total liabilities and stockholders' equity $ 620,974 $ 674,287