Balance Sheet Components (Tables)

9 Months Ended

Sep. 30, 2020

Balance Sheet Related Disclosures [Abstract]

Cash and Cash Equivalents

The following table reconciles cash and cash equivalents, restricted cash, and funds held in escrow that are restricted as reported in the condensed consolidated balance sheets to the total of the same amounts shown in the condensed consolidated statements of cash flows as of September 30, 2020 and December 31, 2019 (in thousands):

	September 30, 2020		December 31, 2019
Cash and cash equivalents	$	88,436	$	48,392
Restricted cash	3,140		2,490
Funds held in escrow, including funds in transit	128,131		108,721
Total cash, cash equivalents, and restricted cash as shown in the condensed consolidated statement of cash flows	$	219,707	$	159,603

Property and Equipment, Net

Property and equipment, net consisted of the following (in thousands):

	September 30, 2020		December 31, 2019
Computer equipment and software	$	4,780	$	3,613
Internal-use software and platform development	18,282		12,726
Leasehold improvements	14,612		10,576
Office furniture and fixtures	3,354		2,454
Total property and equipment	41,028		29,369
Less: accumulated depreciation	(13,348)		(7,915)
Property and equipment, net	$	27,680	$	21,454

Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities consisted of the following (in thousands):

	September 30, 2020		December 31, 2019
Accrued compensation and related benefits	$	11,804	$	5,344
Accrued freelancer costs	967		622
Accrued indirect taxes	2,670		2,401
Accrued vendor expenses	8,826		5,485
Accrued payment processing fees	961		832
Operating lease liability, current	2,969		3,214
Other	569		444
Total accrued expenses and other current liabilities	$	28,766	$	18,342