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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 1,179,852 $ 1,611,063
Marketable securities 1,115,556 1,087,164
Accounts receivable, net of allowances of $12,074 and $12,672 as of June 30, 2023 and December 31, 2022, respectively 544,055 681,532
Prepaid expenses and other current assets 101,680 74,918
Total current assets 2,941,143 3,454,677
Property and equipment, net 28,414 59,575
Operating lease right-of-use assets 93,580 206,253
Goodwill and intangible assets, net 121,142 124,822
Other assets 17,517 17,403
Total assets 3,201,796 3,862,730
Current liabilities:    
Accounts payable 64,080 87,920
Accrued expenses and other current liabilities 255,799 292,611
Total current liabilities 319,879 380,531
Operating lease liabilities 163,015 178,694
Other liabilities 25,820 21,851
Total liabilities 508,714 581,076
Commitments and contingencies
Stockholders’ equity:    
Class A common stock, $0.00001 par value, 6,666,667 shares authorized, 581,002 and 593,918 shares issued and outstanding as of June 30, 2023 and December 31, 2022, respectively; Class B common stock, $0.00001 par value, 1,333,333 shares authorized, 88,514 and 89,284 shares issued and outstanding as of June 30, 2023 and December 31, 2022, respectively 7 7
Additional paid-in capital 5,059,960 5,407,724
Accumulated other comprehensive loss (8,706) (11,419)
Accumulated deficit (2,358,179) (2,114,658)
Total stockholders’ equity 2,693,082 3,281,654
Total liabilities and stockholders’ equity $ 3,201,796 $ 3,862,730