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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 178,089 $ 141,563
Accounts receivable, net 41,595 50,373
Prepaid expenses and other current assets 51,607 63,647
Total current assets 271,291 255,583
Property, equipment and software, net 22,618 30,530
Right-of-use assets - operating leases, net 3,043 2,197
Goodwill 178,685 178,685
Intangible assets, net 5,543 11,404
Investments 74,823 74,823
Deferred income taxes 11,382 11,639
Other non-current assets 5,459 6,095
Total assets 572,844 570,956
Current liabilities:    
Short-term borrowings 0 42,776
Accounts payable 10,816 15,016
Accrued merchant and supplier payables 172,977 209,423
Accrued expenses and other current liabilities 106,079 101,939
Total current liabilities 289,872 369,154
Convertible senior notes, net 227,255 226,470
Operating lease obligations 1,086 2,382
Other non-current liabilities 14,221 13,262
Total liabilities 532,434 611,268
Commitments and contingencies (see Note 6)
Stockholders' equity (deficit)    
Common Stock, par value $0.0001 per share, 100,500,000 shares authorized; 49,998,258 shares issued and 39,704,141 shares outstanding at June 30, 2024; 42,147,266 shares issued and 31,853,149 shares outstanding at December 31, 2023 5 4
Additional paid-in capital 2,423,780 2,337,565
Treasury stock, at cost, 10,294,117 shares at June 30, 2024 and December 31, 2023 (922,666) (922,666)
Accumulated deficit (1,472,193) (1,449,887)
Accumulated other comprehensive income (loss) 11,307 (5,647)
Total Groupon, Inc. stockholders' equity (deficit) 40,233 (40,631)
Noncontrolling interests 177 319
Total equity (deficit) 40,410 (40,312)
Total liabilities and equity (deficit) $ 572,844 $ 570,956