XML 344 R26.htm IDEA: XBRL DOCUMENT v3.23.3
Discontinued Operations and Disposal Groups (Tables) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2023
Dec. 31, 2022
Sep. 30, 2022
Dec. 31, 2021
Discontinued Operations and Disposal Groups [Abstract]        
Disposal Groups, Including Discontinued Operations
The major classes of assets and liabilities of our discontinued operations were as follows:
September 30, 2023December 31, 2022
Assets
Current assets
Cash and cash equivalents$— $7,640 
Accounts receivable, net— 8,504 
Inventory— 114,232 
Prepaid expenses— 500 
Other current assets— 1,283 
Total current assets of discontinued operations— 132,159 
Property and equipment, net— 167 
Right-of-use assets, net— 1,142 
Total assets of discontinued operations$— $133,468 
Liabilities
Current liabilities
Accounts payable$— $754 
Accrued and other liabilities— 2,980 
Lease liabilities— 577 
Total current liabilities of discontinued operations— 4,311 
Lease liabilities, noncurrent— 392 
Total liabilities of discontinued operations$— $4,703 
The major classes of line items of the discontinued operations included in our consolidated statement of comprehensive loss were as follows:
Three Months Ended September 30,Nine Months Ended September 30,
2023202220232022
Revenue$— $294,744 $122,576 $927,139 
Cost of revenue(1)
— 327,331 124,422 932,072 
Gross profit (loss)— (32,587)(1,846)(4,933)
Operating expenses
Technology and development(1)
— 4,728 552 13,531 
Marketing(1)
— 506 523 2,480 
General and administrative(1)
— 3,030 638 9,065 
Restructuring and reorganization— — 75 271 
Total operating expenses
— 8,264 1,788 25,347 
Loss from discontinued operations
— (40,851)(3,634)(30,280)
Interest expense— (3,140)— (6,192)
Other expense, net— (3)— (4)
Net loss from discontinued operations$— $(43,994)$(3,634)$(36,476)
Net loss from discontinued operations per share—basic and diluted$0.00 $(0.41)$(0.03)$(0.34)
(1) Includes stock-based compensation as follows:
Three Months Ended September 30,Nine Months Ended September 30,
2023202220232022
Cost of revenue$— $221 $46 $872 
Technology and development— 1,018 86 2,806 
Marketing— 26 19 85 
General and administrative— 381 83 947 
Total stock-based compensation$— $1,646 $234 $4,710 
      
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Total current assets of discontinued operations $ 0 $ 132,159    
Total current liabilities of discontinued operations 0 4,311    
Properties segment | Discontinued Operations, Disposed of by Means Other than Sale        
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Cash and cash equivalents 0 7,640 $ 13,852 $ 19,619
Restricted cash 0 0 $ 41,431 $ 122,034
Accounts receivable, net 0 8,504    
Inventory 0 114,232    
Prepaid expenses 0 500    
Other current assets 0 1,283    
Total current assets of discontinued operations 0 132,159    
Property and equipment, net 0 167    
Right-of-use assets, net 0 1,142    
Total assets of discontinued operations 0 133,468    
Accounts payable 0 754    
Accrued and other liabilities 0 2,980    
Lease liabilities 0 577    
Total current liabilities of discontinued operations 0 4,311    
Lease liabilities, noncurrent 0 392    
Total liabilities of discontinued operations $ 0 $ 4,703