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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 245,217 $ 273,314
Accounts receivable, net of allowances of $3,099 and $7,147 at December 31, 2021 and 2020, respectively 16,710 32,923
Prepaid expenses 6,145 5,800
Other current assets 1,866 12,901
Total current assets 269,938 324,938
Property and equipment, net 19,155 21,421
Operating lease right-of-use assets 23,605 29,192
Goodwill 51,205 51,205
Intangible assets, net 4,950 6,600
Equity method investment 14,500 19,905
Other assets 4,317 4,800
Total assets 387,670 458,061
Current liabilities    
Accounts payable (includes related party payables of $1,128 and $913 at December 31, 2021 and 2020, respectively) 11,364 13,198
Accrued employee expenses 5,187 6,506
Operating lease liabilities, current 5,253 4,771
Accrued expenses and other current liabilities 9,677 18,402
Total current liabilities 31,481 42,877
Deferred tax liabilities 103 40
Operating lease liabilities, net of current portion 26,300 31,974
Other liabilities 0 388
Total liabilities 57,884 75,279
Commitments and contingencies
Stockholders’ Equity    
Preferred stock — $0.0001 par value; 20,000,000 shares authorized at December 31, 2021 and 2020, respectively; no shares issued and outstanding at December 31, 2021 and 2020 0 0
Common stock — $0.0001 par value; 1,000,000,000 shares authorized at December 31, 2021 and 2020, respectively; 96,213,243 and 99,690,942 shares issued and outstanding at December 31, 2021 and 2020, respectively 10 10
Additional paid-in capital 723,623 738,290
Accumulated deficit (393,847) (355,518)
Total stockholders’ equity 329,786 382,782
Total liabilities and stockholders’ equity $ 387,670 $ 458,061