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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 4,020,466 $ 4,443,669
Investments in short-term debt securities 938,998 869,283
Settlements receivable 1,472,908 1,171,612
Customer funds 2,905,377 2,830,995
Loans held for sale 465,693 517,940
Safeguarding asset related to bitcoin held for other parties 507,533 1,100,596
Other current assets 951,162 687,429
Total current assets 12,526,335 11,621,524
Property and equipment, net 308,222 282,140
Goodwill 11,982,135 519,276
Acquired intangible assets, net 2,148,078 257,049
Investments in long-term debt securities 1,019,340 1,526,430
Operating lease right-of-use assets 446,237 449,406
Other non-current assets 454,813 370,535
Total assets 28,885,160 15,026,360
Current liabilities:    
Customers payable 4,545,675 3,979,624
Settlements payable 264,936 254,611
Accrued expenses and other current liabilities 989,335 638,854
Current portion of long-term debt 459,984 455
Safeguarding obligation liability related to bitcoin held for other parties 507,533 1,100,596
Operating lease liabilities, current 125,107 64,027
PPP Liquidity Facility advances 68,416 497,533
Total current liabilities 6,960,986 6,535,700
Deferred tax liabilities 189,198 15,236
Warehouse funding facilities 192,618 0
Long-term debt 4,104,664 4,559,208
Operating lease liabilities, non-current 332,768 395,017
Other non-current liabilities 213,515 207,610
Total liabilities 11,993,749 11,712,771
Commitments and contingencies (Note 20)
Stockholders’ equity:    
Preferred stock, $0.0000001 par value: 100,000,000 shares authorized at June 30, 2022 and December 31, 2021. None issued and outstanding at June 30, 2022 and December 31, 2021. 0 0
Additional paid-in capital 17,725,198 3,317,255
Accumulated other comprehensive loss (429,916) (16,435)
Accumulated deficit (440,178) (27,965)
Total stockholders’ equity attributable to common stockholders 16,855,104 3,272,855
Noncontrolling interests 36,307 40,734
Total stockholders’ equity 16,891,411 3,313,589
Total liabilities and stockholders’ equity 28,885,160 15,026,360
Consumer Portfolio Segment    
Current assets:    
Consumer receivables, net 1,264,198 0
Class A    
Stockholders’ equity:    
Common stock 0 0
Class B    
Stockholders’ equity:    
Common stock $ 0 $ 0