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Certain Balance Sheet Components
12 Months Ended
Dec. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Certain Balance Sheet Components Certain Balance Sheet Components
Prepaid Expenses and Other Current Assets
Prepaid expenses and other current assets consisted of the following:
December 31,
2021
December 31,
2020
Prepaid expenses$6,492 $3,166 
Inventory3,940 781 
Prepaid Insurance3,546 324 
Prepaid hosting and data costs2,455 2,672 
Card program deposits2,167 2,174 
Contract assets950 119 
Other financial instruments11,616 — 
Other current assets4,451 2,225 
Prepaid expenses and other current assets$35,617 $11,461 
Property and Equipment, net
Property and equipment consisted of the following:
December 31,
2021
December 31,
2020
Leasehold improvements$8,110 8,110 
Computer equipment8,581 7,634 
Furniture and fixtures2,459 2,333 
Internally developed and purchased software2,954 1,299 
22,104 19,376 
Accumulated depreciation and amortization(12,417)(9,899)
Property and equipment, net$9,687 $9,477 
Depreciation and amortization expense was $3.5 million, $3.5 million and $3.1 million for the years ended December 31, 2021, 2020 and 2019, respectively.
The Company capitalized $1.6 million as internal-use software costs during the year ended December 31, 2021. The Company did not capitalize any internal-use software costs during the years ended December 31, 2020 and 2019, because development costs meeting capitalization criteria were not material during the respective periods.
Accrued Expenses and Other Current Liabilities
Accrued expenses and other current liabilities consisted of the following:
December 31,
2021
December 31,
2020
Accrued costs of revenue$41,339 $24,529 
Reserve for contract contingencies and processing errors3,386 9,537 
Accrued compensation and benefits32,954 14,078 
Deferred revenue19,060 3,983 
Operating lease liabilities, current portion3,021 2,771 
Accrued professional services2,454 867 
Other accrued liabilities11,882 4,780 
Accrued expenses and other current liabilities$114,096 $60,545 
Other Liabilities
Other liabilities consisted of the following:
December 31,
2021
December 31,
2020
Deferred revenue, net of current portion$6,107 $8,865 
Other long-term liabilities450 1,587 
Other liabilities$6,557 $10,452