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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 427,914 $ 533,868
Marketable securities 66,052 0
Accounts receivable, net of allowance for doubtful accounts of $1,072 and $678 as of September 30, 2022, and December 31, 2021, respectively. 71,580 73,180
Prepaid expenses and other current assets 13,478 15,927
Deferred contract costs, current 29,373 18,898
Total current assets 608,397 641,873
Property and equipment, net 7,816 9,887
Capitalized software, net 25,887 20,054
Operating lease right-of-use assets 12,939 0
Restricted cash, non-current 3,629 2,900
Deferred contract costs, non-current 32,817 25,647
Strategic investments 12,104 10,000
Intangible assets, net 10,397 13,597
Goodwill 12,646 12,646
Other assets 3,761 3,247
Total assets 730,393 739,851
Current liabilities:    
Accounts payable 17,060 34,627
Accrued expenses and other current liabilities 36,777 40,140
Content costs payable 34,437 35,961
Accrued compensation and benefits 25,111 22,341
Operating lease liabilities, current 7,008 0
Deferred revenue, current 237,852 208,274
Total current liabilities 358,245 341,343
Operating lease liabilities, non-current 8,014 0
Deferred revenue, non-current 3,096 2,280
Other liabilities, non-current 4,522 6,528
Total liabilities 373,877 350,151
Note 10 – Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.00001 par value - 50,000,000 shares authorized; zero shares issued and outstanding as of September 30, 2022, and December 31, 2021. 0 0
Common stock, $0.00001 par value - 950,000,000 shares authorized; 141,260,274 and 139,164,693 shares issued and outstanding as of September 30, 2022, and December 31, 2021, respectively. 1 1
Additional paid-in capital 917,031 848,229
Accumulated other comprehensive loss (265) (1)
Accumulated deficit (560,251) (458,529)
Total stockholders’ equity 356,516 389,700
Total liabilities and stockholders' equity $ 730,393 $ 739,851