XML 11 R2.htm IDEA: XBRL DOCUMENT v3.23.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 163,757 $ 281,279
Accounts receivable, net 37,263 44,971
Prepaid expenses and other current assets 40,717 41,101
Total current assets 241,737 367,351
Property, equipment and software, net 49,373 56,731
Right-of-use assets - operating leases, net 8,157 12,127
Goodwill 178,685 178,685
Intangible assets, net 16,237 17,641
Investments 119,541 119,541
Deferred income taxes 13,756 13,550
Other non-current assets 23,157 27,491
Total assets 650,643 793,117
Current liabilities:    
Short-term borrowings 47,700 75,000
Accounts payable 27,537 59,568
Accrued merchant and supplier payables 196,890 225,420
Accrued expenses and other current liabilities 153,678 171,452
Total current liabilities 425,805 531,440
Convertible senior notes, net 225,307 224,923
Operating lease obligations 6,527 9,310
Other non-current liabilities 17,482 18,586
Total liabilities 675,121 784,259
Commitments and contingencies (see Note 6)
Stockholders' equity (deficit)    
Common stock, par value $0.0001 per share, 100,500,000 shares authorized; 41,100,451 shares issued and 30,806,334 shares outstanding at March 31, 2023; 40,786,996 shares issued and 30,492,879 shares outstanding at December 31, 2022 4 4
Additional paid-in capital 2,324,434 2,322,672
Treasury stock, at cost, 10,294,117 shares at March 31, 2023 and December 31, 2022 (922,666) (922,666)
Accumulated deficit (1,423,624) (1,394,477)
Accumulated other comprehensive income (loss) (2,906) 2,942
Total Groupon, Inc. stockholders' equity (deficit) (24,758) 8,475
Noncontrolling interests 280 383
Total equity (deficit) (24,478) 8,858
Total liabilities and equity (deficit) $ 650,643 $ 793,117