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FINANCIAL STATEMENT DETAILS | 12 Months Ended
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Dec. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
FINANCIAL STATEMENT DETAILS | FINANCIAL STATEMENT DETAILS Cash and Cash Equivalents and Restricted Cash The reconciliation of cash and cash equivalents and restricted cash reported within the consolidated balance sheet to the total amounts shown in the consolidated statement of cash flows is as follows:
| December 31, 2021 |  | December 31, 2020 |  | December 31, 2019 |  | December 31, 2018
| (In thousands)
Cash and cash equivalents | $ | 321,900 |  |  | $ | 110,011 |  |  | $ | 1,939 |  |  | $ | 985 |
Restricted cash included in other current assets | 445 |  |  | 26 |  |  | 24 |  |  | 23 |
Total cash and cash equivalents and restricted cash as shown on the consolidated statement of cash flows | $ | 322,345 |  |  | $ | 110,037 |  |  | $ | 1,963 |  |  | $ | 1,008 |
Restricted cash at December 31, 2021 primarily consisted of deposits related to a lease and corporate credit cards. Restricted cash at December 31, 2020, 2019, and 2018 primarily consisted of a deposit related to corporate credit cards. Prepaid Expenses and Other Current Assets
| December 31,
| 2021 |  | 2020
| (In thousands)
Prepaid expenses | $ | 11,377 |  |  | $ | 4,027 |
Other current assets | 7,434 |  |  | 3,905 |
Prepaid expenses and other current assets | $ | 18,811 |  |  | $ | 7,932 |
Accrued Expenses and Other Current Liabilities
| December 31,
| 2021 |  | 2020
| (In thousands)
Accrued employee compensation and benefits | $ | 23,082 |  |  | $ | 18,881 |
Due to IAC (a) | 12,554 |  |  | — |
Other accrued expenses and current liabilities | 31,749 |  |  | 28,551 |
Accrued expenses and other current liabilities | $ | 67,385 |  |  | $ | 47,432 |
____________________ (a) As of December 31, 2021, includes $6.1 million related to the operating lease agreements as described in "Note 14—Related Party Transactions." Other Income (Expense), net
| Years Ended December 31,
| 2021 |  | 2020 |  | 2019
| (In thousands)
Other income (expense), net | $ | 10,241 |  |  | $ | 93 |  |  | $ | (6,441) |
Other income (expense), net, generally relates to net foreign exchange gains and losses. Other income (expense), net in 2021 also included a net gain of $10.2 million related to the sale of Vimeo’s retained interest in its former hardware business. Vimeo previously sold live streaming devices and accessories through its former hardware business. Vimeo retained an interest in its former hardware business after it sold a majority stake on March 29, 2019 that provided it with rights to participate in and receive distributions in the event of positive cash flows or proceeds should there be another sale of the business. In the first quarter of 2021, the former hardware business, inclusive of Vimeo's retained interest, was sold in exchange for cash consideration which includes amounts held in escrow. Vimeo may receive additional consideration based on the revenue of its former hardware business relative to established targets through December 31, 2021. Such amounts will be recognized as income only if, and at the point in time, any additional consideration is received, or when it becomes probable that additional consideration will be received. Other income (expense), net in 2019 also included a realized loss of $8.2 million related to the sale of the Company's majority stake in its former hardware business in 2020 and a $2.0 million realized gain on the sale of an investment. Supplemental Disclosure of Cash Flow Information
| Years Ended December 31,
| 2021 |  | 2020 |  | 2019
| (In thousands)
Cash paid (received) during the year for: |  |  |  |  |
Interest | $ | 5,064 |  |  | $ | 10,653 |  |  | $ | 6,529 |
Income tax payments | $ | 801 |  |  | $ | 957 |  |  | 103 |
Income tax refunds | $ | (62) |  |  | $ | (70) |  |  | — |
Geographic Concentrations Geographic information about revenue and long-lived assets is presented below. Revenue by geography is based on where the customer is located. The United States is the only country whose revenue is greater than 10 percent of total revenue of the Company for the years ended December 31, 2021, 2020, and 2019.
| Years Ended December 31,
| 2021 |  | 2020 |  | 2019
| (In thousands)
Revenue: |  |  |  |  |
United States | $ | 197,576 |  |  | $ | 139,826 |  |  | $ | 100,275 |
All other countries | 194,102 |  |  | 143,392 |  |  | 95,740 |
Total | $ | 391,678 |  |  | $ | 283,218 |  |  | $ | 196,015 |
Long-lived assets, excluding goodwill, intangible assets with definite lives and ROU assets, at December 31, 2021 and December 31, 2020 relate to "Leasehold improvements and equipment, net."
| December 31,
| 2021 |  | 2020
| (In thousands)
Leasehold improvements and equipment, net: |  |  |
United States | $ | 1,901 |  |  | $ | 2,549 |
All other countries | 967 |  |  | 772 |
Total | $ | 2,868 |  |  | $ | 3,321 |

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