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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 443,293 $ 366,985
Short-term investments 373,959 257,302
Accounts receivable, net 15,386 12,244
Prepaid and other current assets 38,614 22,686
Funds receivable and seller accounts 49,786 21,072
Total current assets 921,038 680,289
Restricted cash 5,341 5,341
Property and equipment, net 144,864  
Property and equipment, net   120,179
Goodwill 138,731 37,482
Intangible assets, net 199,236 34,589
Deferred tax assets 14,257 23,464
Long-term investments 89,343 0
Other assets 29,542 507
Total assets 1,542,352 901,851
Current liabilities:    
Accounts payable 26,324 26,545
Accrued expenses 88,345 49,158
Finance lease obligations—current 8,275  
Finance lease obligations—current   3,884
Funds payable and amounts due to sellers 49,786 21,072
Deferred revenue 7,617 7,478
Other current liabilities 8,181 3,925
Total current liabilities 188,528 112,062
Finance lease obligations—net of current portion 53,611  
Finance lease obligations—net of current portion   2,095
Deferred tax liabilities 64,497 30,455
Facility financing obligation 0 59,991
Long-term debt, net 785,126 276,486
Other liabilities 43,956 19,864
Total liabilities 1,135,718 500,953
Commitments and contingencies (Note 14)
Stockholders’ equity:    
Common stock ($0.001 par value, 120,000,000 and 1,400,000,000 shares authorized as of December 31, 2014 and December 31, 2015; 44,180,939 and 112,563,354 shares issued and outstanding as of December 31, 2014, and December 31, 2015, respectively) 119 120
Preferred stock ($0.001 par value, 25,000,000 shares authorized as of December 31, 2019 and 2018) 0 0
Additional paid-in capital 642,628 562,033
Accumulated deficit (227,414) (153,442)
Accumulated other comprehensive (loss) income (8,699) (7,813)
Total stockholders’ equity 406,634 400,898
Total liabilities and stockholders’ equity $ 1,542,352 $ 901,851