Balance Sheet Components

3 Months Ended

Mar. 31, 2021

Balance Sheet Related Disclosures [Abstract]

6. Balance sheet components

Accounts Receivable, net: Accounts receivable, net consists of the following (in thousands):

	As of
	March 31, 2021			December 31, 2020
Gross accounts receivable	$	524,429		$	565,088
Allowance for sales returns		(3,768	)		(5,912	)
Allowance for sales incentives		(20,136	)		(30,838	)
Allowance for doubtful accounts		(4,127	)		(4,181	)
Other allowances		(225	)		(305	)
Total allowances		(28,256	)		(41,236	)
Total Accounts Receivable, net of allowances	$	496,173		$	523,852

Property and Equipment, net: Property and equipment, net consists of the following (in thousands):

	As of
	March 31, 2021			December 31, 2020
Computers and equipment	$	32,279		$	30,859
Leasehold improvements		147,790			144,013
Website and internal-use software		7,319			6,744
Office equipment and furniture		19,671			19,661
Total property and equipment		207,059			201,277
Accumulated depreciation and amortization		(52,058	)		(46,080	)
Property and Equipment, net	$	155,001		$	155,197

Depreciation and amortization expense, for property and equipment assets, for the three months ended March 31, 2021 and 2020 was $6.0 million and $4.7 million, respectively.

Accrued Liabilities: Accrued liabilities consists of the following (in thousands):

	As of
	March 31, 2021		December 31, 2020
Payments due to content publishers		144,138		106,576
Accrued cost of revenue		102,285		98,285
Marketing, retail and merchandising costs		44,023		43,645
Operating lease liability, current		32,715		35,647
Content liability, current		89,816		6,165
Other accrued expenses		64,425		57,350
Total Accrued Liabilities	$	477,402	$	347,668

Deferred Revenue: Deferred revenue consists of the following (in thousands):

	As of
	March 31, 2021		December 31, 2020
Platform, current	$	21,516	$	27,587
Player, current		26,605		27,878
Total deferred revenue, current		48,121		55,465
Platform, non-current		10,906		9,909
Player, non-current		11,712		11,374
Total deferred revenue, non-current		22,618		21,283
Total Deferred Revenue	$	70,739	$	76,748