Detail of Certain Balance Sheet Accounts

12 Months Ended

Dec. 31, 2019

Balance Sheet Related Disclosures [Abstract]

Detail of Certain Balance Sheet Accounts

Note 11. Detail of Certain Balance Sheet Accounts

Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consist of the following (in thousands):

	December 31,
	2019		2018
Expected merchandise returns, net⁽¹⁾	$	12,989	$	—
Advanced payments on inventory to be delivered from vendors		4,605		6,664
Deferred offering costs⁽²⁾		—		2,521
Prepaid insurance		1,858		1,013
Prepaid rent		381		460
Prepaid packaging		393		443
Other		3,929		4,126
Total prepaid expenses and other current assets	$	24,155	$	15,227

(1)

Reflects the adoption of ASC 606. The prior period has not been restated and continues to be reported under accounting standards in effect for that period. For more information on the transitional impact of adopting ASC 606, please see the section entitled “Recent Accounting Pronouncements” in Note 2, Significant Accounting Policies.

(2)	Deferred offering costs, which consist of direct incremental legal, consulting, banking, accounting fees and other direct costs relating to the IPO were capitalized and subsequently offset against proceeds upon the consummation of the IPO, which became effective on June 6, 2019.

Accrued Expenses

Accrued expenses consist of the following (in thousands):

	December 31,
	2019		2018
Marketing	$	6,127	$	6,223
Salaries and related benefits		4,275		6,259
Selling and distribution		3,360		2,090
Sales taxes		3,023		1,970
Other		2,614		1,856
Total accrued expenses	$	19,399	$	18,398

Other Current Liabilities

Other current liabilities consist of the following (in thousands):

	December 31,
	2019		2018
Store credit⁽¹⁾	$	10,080	$	9,900
Gift cards⁽¹⁾		2,133		1,568
Other		4,527		2,070
Total other current liabilities	$	16,740	$	13,538

(1)