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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 274,573 $ 273,314
Accounts receivable, net of allowances of $6,149 and $7,147 at March 31, 2021 and December 31, 2020, respectively 28,308 32,923
Prepaid expenses 4,905 5,800
Other current assets 4,057 12,901
Total current assets 311,843 324,938
Property and equipment, net 20,626 21,421
Operating lease right-of-use assets 28,124 29,192
Goodwill 51,205 51,205
Intangible assets, net 6,188 6,600
Equity method investment 19,576 19,905
Other assets 4,709 4,800
Total assets 442,271 458,061
Current liabilities    
Accounts payable (includes related party payables of $1,040 and $913 at March 31, 2021 and December 31, 2020, respectively) 13,831 13,198
Accrued employee expenses 4,549 6,506
Operating lease liabilities, current 4,847 4,771
Accrued expenses and other current liabilities 16,064 18,402
Total current liabilities 39,291 42,877
Deferred tax liabilities 57 40
Operating lease liabilities, net of current portion 30,645 31,974
Other liabilities 86 388
Total liabilities 70,079 75,279
Commitments and contingencies (Note 8)
Stockholders’ Equity    
Preferred stock — $0.0001 par value; 20,000,000 shares authorized at March 31, 2021 and December 31, 2020; no shares issued and outstanding at March 31, 2021 and December 31, 2020 0 0
Common stock — $0.0001 par value; 1,000,000,000 shares authorized at March 31, 2021 and December 31, 2020; 98,667,561 and 99,690,942 shares issued and outstanding at March 31, 2021 and December 31, 2020, respectively 10 10
Additional paid-in capital 736,118 738,290
Accumulated deficit (363,936) (355,518)
Total stockholders’ equity 372,192 382,782
Total liabilities and stockholders’ equity $ 442,271 $ 458,061