XML 19 R3.htm IDEA: XBRL DOCUMENT v3.25.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 25,964 $ 37,395
Short-term investments 77,919 101,926
Accounts receivable, net of allowance for doubtful accounts of $13 and $188 at December 31, 2024 and 2023, respectively 490 643
Prepaid expenses 2,859 3,032
Receivables from payment processors 2,833 2,670
Other current assets 1,799 2,214
Total current assets 111,864 147,880
Restricted cash, non-current 3,657 3,580
Property and equipment, net 3,564 3,384
Operating lease right-of-use assets 19,728 19,655
Goodwill 4,232 4,116
Other assets 2,713 2,200
Total assets 145,758 180,815
Current liabilities:    
Accounts payable 2,228 3,580
Payables due to sellers 8,605 6,521
Accrued expenses 11,475 10,883
Operating lease liabilities, current 4,186 3,107
Other current liabilities 1,965 3,618
Total current liabilities 28,459 27,709
Operating lease liabilities, non-current 17,970 18,812
Other liabilities 24 6
Total liabilities 46,453 46,527
Commitments and contingencies (Note 16)
Stockholders’ equity:    
Preferred stock, $0.01 par value; 10,000,000 shares authorized as of December 31, 2024 and 2023; zero shares issued and outstanding as of December 31, 2024 and 2023 0 0
Common stock, $0.01 par value; 400,000,000 shares authorized as of December 31, 2024 and 2023; 42,271,388 and 40,738,619 shares issued as of December 31, 2024 and 2023, respectively; and 35,827,866 and 39,915,136 shares outstanding as of December 31, 2024 and 2023, respectively 422 407
Treasury stock, at cost; 6,443,522 and 823,483 shares as of December 31, 2024 and December 31, 2023, respectively (31,618) (3,496)
Additional paid-in capital 463,224 451,282
Accumulated deficit (332,352) (313,719)
Accumulated other comprehensive loss (371) (186)
Total stockholders’ equity 99,305 134,288
Total liabilities and stockholders’ equity $ 145,758 $ 180,815