Accrued Liabilities

12 Months Ended

Dec. 31, 2022

Accrued Liabilities.

Accrued Liabilities

9. Accrued Liabilities

Accrued liabilities consist of the following (in thousands):

	As of December 31,
	2022		2021
Marketing Funds (a)	$	47,670	$	61,997
Accrued payroll and related employee costs		14,419		22,634
Accrued taxes		2,025		2,053
Accrued professional fees		1,331		3,660
Other		5,306		6,424
	$	70,751	$	96,768

(a) Consists primarily of liabilities recognized to reflect the contractual restriction that all funds collected in the Marketing Funds must be spent for designated purposes. See Note 2, Summary of Significant Accounting Policies, for additional information.

The following table presents a rollforward of the liability as related to the strategic shift and restructure of its business, which is in “Accrued payroll and related employee costs” in the table above (in thousands):

Balance, January 1, 2022	$	—
Severance and other related expenses (a)		7,578
Cash payments		(3,947)
Balance, December 31, 2022	$	3,631

(a) Excludes $2.2 million of non-cash equity-based compensation expense from the accelerated vesting of certain grants in connection with the restructuring. See Note 2, Summary of Significant Accounting Policies for additional information.