XML 14 R2.htm IDEA: XBRL DOCUMENT v3.23.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 1,755,261 $ 1,961,956
Restricted cash 40,713 0
Accounts receivable, net of allowances of $31,515 and $40,191 as of June 30, 2023 and December 31, 2022, respectively 707,684 760,793
Inventories 93,214 106,747
Prepaid expenses and other current assets 104,622 135,383
Total current assets 2,701,494 2,964,879
Property and equipment, net 357,603 335,031
Operating lease right-of-use assets 499,308 521,695
Content assets, net 300,419 292,766
Intangible assets, net 50,068 58,881
Goodwill 161,519 161,519
Other non-current assets 86,341 77,830
Total Assets 4,156,752 4,412,601
Current Liabilities:    
Accounts payable 212,915 164,800
Accrued liabilities 638,480 750,810
Current portion of long-term debt 0 79,985
Deferred revenue, current portion 104,109 87,678
Total current liabilities 955,504 1,083,273
Deferred revenue, non-current portion 23,065 28,210
Operating lease liability, non-current portion 589,476 584,651
Other long-term liabilities 55,432 69,911
Total Liabilities 1,623,477 1,766,045
Commitments and contingencies (Note 12)
Stockholders’ Equity:    
Common stock, $0.0001 par value 14 14
Additional paid-in capital 3,422,415 3,234,860
Accumulated other comprehensive income (loss) 71 (292)
Accumulated deficit (889,225) (588,026)
Total stockholders’ equity 2,533,275 2,646,556
Total Liabilities and Stockholders’ Equity $ 4,156,752 $ 4,412,601