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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 215,092 $ 203,247
Restricted cash 39,706 30,433
Investment in marketable securities 32,163 31,456
Accounts receivable, net 8,638 7,969
Due from vendors 2,872 1,828
Prepaid expenses and other current assets 50,528 67,099
Total current assets 348,999 342,032
Property and equipment, net 52,690 52,839
Operating lease right-of-use assets 96,354 0
Goodwill 435,601 435,601
Intangible assets, net 51,122 60,138
Other assets 9,537 8,939
Total assets 994,303 899,549
Current liabilities:    
Accounts payable 23,230 26,533
Accrued liabilities 65,370 60,861
Deferred revenue 258,099 233,999
Funds payable to customers 39,593 30,137
Debt, current portion 26,280 13,586
Deferred rent and lease incentives, current portion 0 2,095
Operating lease liabilities, current portion 10,975 0
Total current liabilities 423,547 367,211
Debt, non-current portion 494,000 513,047
Deferred rent and lease incentives, non-current portion 0 32,348
Operating lease liabilities, non-current portion 118,485 0
Other liabilities 357 422
Total liabilities 1,036,389 913,028
Commitments and contingencies (see Note 11)
Redeemable convertible preferred stock, par value of $0.0001; zero shares authorized as of June 30, 2022 and December 31, 2021, respectively; zero shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively 0 0
Preferred stock, par value of $0.0001; 100,000,000 authorized as of June 30, 2022 and December 31, 2021, respectively; zero shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively 0 0
Stockholders’ deficit:    
Additional paid in capital 914,420 911,570
Accumulated other comprehensive loss (3,301) (208)
Accumulated deficit (953,219) (924,855)
Total stockholders’ deficit (42,086) (13,479)
Total liabilities, redeemable convertible preferred stock and stockholders’ deficit 994,303 899,549
Class A common stock, par value of $0.0001; 1,000,000,000 shares authorized as of June 30, 2022 and December 31, 2021, respectively; 91,246,588 and 90,826,625 shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively    
Stockholders’ deficit:    
Common stock 9 9
Class B common stock, par value of $0.0001; 100,000,000 shares authorized as of June 30, 2022 and December 31, 2021, respectively; 47,844,755 and 48,344,755 shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively    
Stockholders’ deficit:    
Common stock 5 5
Class C common stock (authorized March 15, 2021), par value of $0.0001; zero shares authorized as of June 30, 2022 and December 31, 2021, respectively; zero shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively    
Stockholders’ deficit:    
Common stock 0 0
Class C common stock (authorized May 10, 2021), par value of $0.0001; 1,000,000,000 shares authorized as of June 30, 2022 and December 31, 2021, respectively; zero shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively    
Stockholders’ deficit:    
Common stock $ 0 $ 0