Other Balance Sheet Components

6 Months Ended

Jun. 30, 2022

Other Balance Sheet Components [Abstract]

Other Balance Sheet Components

Other Balance Sheet Components

The Company had no restricted cash or short-term investments as of June 30, 2022 and December 31, 2021.

Prepaid expenses and other current assets

Prepaid expenses and other current assets consisted of the following (in thousands):

	As of
	June 30, 2022		December 31, 2021
Prepaid Expenses	$	42,593	$	27,671
Other current assets	15,002		4,420
Total prepaid expenses and other current assets	$	57,595	$	32,091

Property and equipment, net

Property and equipment, net, consisted of the following (in thousands):

	As of
	June 30, 2022		December 31, 2021
Servers and related equipment	$	538,037	$	361,227
Computer hardware and software	19,547		16,154
Furniture and fixtures	314		179
Leasehold improvement	36,378		30,482
Construction in progress	30,481		16,837
Total property and equipment	$	624,757	$	424,879
Less accumulated depreciation and amortization	(198,807)		(153,527)
Property and equipment—net	$	425,950	$	271,352

Construction in progress includes costs mostly related to leasehold improvements related to the Company’s leased office buildings.

Depreciation and amortization expense was $25.0 million and $45.7 million for the three and six months ended June 30, 2022, respectively and was $15.7 million and $30.2 million for the three and six months ended June 30, 2021, respectively.

Accrued expenses and other current liabilities

Accrued expenses and other current liabilities consisted of the following (in thousands):

	As of
	June 30, 2022		December 31, 2021
General accrued expenses	$	103,825	$	56,134
Short term operating lease liabilities	55,680		51,303
Accrued interest 2030 Notes	6,458		6,781
Taxes payable	43,485		43,286
Accrued compensation and other employee related liabilities	9,424		14,511
Other current liability	12,327		8,754
Total accrued expenses and other current liabilities	$	231,199	$	180,769