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Condensed Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 547,859 $ 350,846
Short-term investments   4,017
Accounts receivable, net 5,994 7,213
Inventory 49,502 42,321
Prepaid expenses and other current assets 15,267 17,072
Total current assets 618,622 421,469
Property and equipment, net 66,637 63,454
Operating lease right-of-use assets 143,331 118,136
Other assets 2,156 2,050
Total assets 830,746 605,109
Current liabilities    
Accounts payable 9,260 14,346
Accrued consignor payable 54,484 57,053
Operating lease liabilities, current portion 15,275 14,999
Other accrued and current liabilities 63,394 61,862
Total current liabilities 142,413 148,260
Operating lease liabilities, net of current portion 140,775 115,084
Convertible senior notes, net 336,112 149,188
Other noncurrent liabilities 1,541 1,284
Total liabilities 620,841 413,816
Commitments and contingencies (Note 9)
Stockholders’ equity:    
Common stock, $0.00001 par value; 500,000,000 shares authorized as of March 31, 2021 and December 31, 2020; 90,675,268 and 89,301,664 shares issued and outstanding as of March 31, 2021 and December 31, 2020, respectively 1 1
Additional paid-in capital 797,918 723,302
Accumulated other comprehensive income   11
Accumulated deficit (588,014) (532,021)
Total stockholders’ equity 209,905 191,293
Total liabilities and stockholders’ equity $ 830,746 $ 605,109