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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 1,651,242 $ 1,611,063
Marketable securities 1,078,487 1,087,164
Accounts receivable, net of allowances of $13,085 and $12,672 as of March 31, 2023 and December 31, 2022, respectively 487,964 681,532
Prepaid expenses and other current assets 80,695 74,918
Total current assets 3,298,388 3,454,677
Property and equipment, net 30,272 59,575
Operating lease right-of-use assets 97,606 206,253
Goodwill and intangible assets, net 122,982 124,822
Other assets 17,174 17,403
Total assets 3,566,422 3,862,730
Current liabilities:    
Accounts payable 77,284 87,920
Accrued expenses and other current liabilities 244,639 292,611
Total current liabilities 321,923 380,531
Operating lease liabilities 159,506 178,694
Other liabilities 25,254 21,851
Total liabilities 506,683 581,076
Commitments and contingencies
Stockholders’ equity:    
Class A common stock, $0.00001 par value, 6,666,667 shares authorized, 594,834 and 593,918 shares issued and outstanding as of March 31, 2023 and December 31, 2022, respectively; Class B common stock, $0.00001 par value, 1,333,333 shares authorized, 89,323 and 89,284 shares issued and outstanding as of March 31, 2023 and December 31, 2022, respectively 7 7
Additional paid-in capital 5,390,101 5,407,724
Accumulated other comprehensive loss (7,132) (11,419)
Accumulated deficit (2,323,237) (2,114,658)
Total stockholders’ equity 3,059,739 3,281,654
Total liabilities and stockholders’ equity $ 3,566,422 $ 3,862,730