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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 20,872 $ 140,772
Marketable securities 591,681 723,462
Accounts receivable, less allowance for credit losses of $6,148 and $6,099, respectively 54,972 53,833
Prepaid expenses and other current assets 31,087 28,485
Total current assets 698,612 946,552
Noncurrent assets:    
Property and equipment, net 277,957 273,170
Restricted cash 1,747 1,935
Goodwill 296,579 313,718
Intangible assets, net 117,638 118,928
Operating lease right-of-use assets, net 185,516 154,501
Deferred tax assets 753 751
Other assets 5,594 6,353
Total assets 1,584,396 1,815,908
Current liabilities:    
Accounts payable 11,005 21,138
Accrued other expenses 38,220 33,987
Deferred revenue 5,015 5,550
Operating lease liabilities, current 73,058 57,682
Other current liabilities 58,856 45,913
Total current liabilities 186,154 164,270
Noncurrent liabilities:    
Deferred tax liabilities 3,771 18,209
Long-term debt 1,472,148 1,470,270
Operating lease liabilities, non-current 133,471 108,243
Other long-term liabilities 6,506 3,826
Total liabilities 1,802,050 1,764,818
Commitments and Contingencies (Note 8)
Preferred stock ($0.000025 par value per share; 10,000,000 shares authorized; 0 shares issued and outstanding as of March 31, 2023 and December 31, 2022) 0 0
Common stock ($0.000025 par value per share; 750,000,000 shares authorized; 89,983,568 and 96,732,507 issued and outstanding as of March 31, 2023 and December 31, 2022, respectively) 2 2
Additional paid-in capital 28,781 263,957
Accumulated other comprehensive loss (679) (2,048)
Accumulated deficit (245,758) (210,821)
Total stockholders’ (deficit) equity (217,654) 51,090
Total liabilities and stockholders’ equity $ 1,584,396 $ 1,815,908