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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 532,642 $ 1,132,325
Restricted cash (including restricted cash of consolidated VIEs of $33.5 million and $0 million, respectively) 153,741 82,450
Accounts receivable, net of allowance of $19.5 million and $8.9 million, respectively 60,122 105,433
Finance receivables at fair value (including finance receivables of consolidated VIEs of $1.36 million and $0 million, respectively) 14,461  
Finance receivables held for sale, net (including finance receivables of consolidated VIEs of $253.1 million and $0 million, respectively) 295,303  
Inventory 535,772 726,384
Beneficial interests in securitizations 13,432  
Prepaid expenses and other current assets 61,430 55,700
Total current assets 1,666,903 2,102,292
Finance receivables at fair value (including finance receivables of consolidated VIEs of $164.6 million and $0 million, respectively) 213,323  
Property and equipment, net 49,836 37,042
Intangible assets, net 172,425 28,207
Goodwill 0 158,817
Operating lease right-of-use assets 11,281 15,359
Other assets 28,531 25,033
Total assets 2,142,299 2,366,750
Current Liabilities:    
Accounts payable 43,631 52,651
Accrued expenses 107,091 121,508
Vehicle floorplan 422,452 512,801
Warehouse credit facilities of consolidated VIEs 210,577  
Current portion of securitization debt of consolidated VIEs at fair value 115,325  
Deferred revenue 17,800 75,803
Operating lease liabilities, current 7,097 6,889
Other current liabilities 22,139 57,604
Total current liabilities 946,112 827,256
Long term debt, net of current portion (including securitization debt of consolidated VIEs of $51.8 million and $0 million at fair value, respectively) 674,331 610,618
Operating lease liabilities, excluding current portion 8,347 9,592
Other long-term liabilities 18,458 4,090
Total liabilities 1,647,248 1,451,556
Commitments and contingencies (Note 13)
Stockholders' equity:    
Common stock, $0.001 par value; 500,000,000 shares authorized as of June 30, 2022 and December 31, 2021; 138,102,755 and 137,092,891 shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively 135 135
Additional paid-in-capital 2,069,246 2,063,841
Accumulated deficit (1,574,330) (1,148,782)
Total stockholders' equity 495,051 915,194
Total liabilities and stockholders' equity $ 2,142,299 $ 2,366,750