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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 533,868 $ 175,031
Accounts receivable, net of allowance for doubtful accounts of $678 and $643 as of December 31, 2021 and December 31, 2020, respectively. 73,180 46,257
Prepaid expenses and other current assets 15,927 6,036
Deferred contract costs, current 18,898 9,640
Total current assets 641,873 236,964
Property and equipment, net 9,887 9,106
Capitalized software, net 20,054 14,013
Restricted cash, non-current 2,900 2,900
Deferred contract costs, non-current 25,647 16,197
Strategic investments 10,000 0
Intangible assets, net 13,597 0
Goodwill 12,646 0
Other assets 3,247 2,916
Total assets 739,851 282,096
Current liabilities:    
Accounts payable 34,627 23,710
Accrued expenses and other current liabilities 40,140 46,778
Content costs payable 35,961 31,483
Accrued compensation and benefits 22,341 20,403
Deferred revenue 208,274 141,439
Total current liabilities 341,343 263,813
Deferred revenue, non-current 2,280 937
Other liabilities, non-current 6,528 3,927
Total liabilities 350,151 268,677
Commitments and contingencies (Note 9)
Redeemable convertible preferred stock, $0.00001 par value - zero and 86,348,646 shares authorized; zero and 85,391,338 shares issued and outstanding; and aggregate liquidation value of zero and $274,009 as of December 31, 2021 and December 31, 2020, respectively. 0 274,104
Stockholders' equity (deficit):    
Preferred stock, $0.00001 par value- 50,000,000 and zero shares authorized; zero shares issued and outstanding as of December 31, 2021 and December 31, 2020, respectively. 0 0
Common stock, $0.00001 par value - 950,000,000 and 150,000,000 shares authorized; 139,164,693 and 35,627,503 shares issued and outstanding as of December 31, 2021 and December 31, 2020, respectively. 1 0
Additional paid-in capital 848,229 117,818
Accumulated other comprehensive loss (1) 0
Accumulated deficit (458,529) (378,503)
Total stockholders’ equity (deficit) 389,700 (260,685)
Total liabilities, redeemable convertible preferred stock, and stockholders' equity (deficit) $ 739,851 $ 282,096