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Balance Sheet Components (Tables)

6 Months Ended

Jun. 30, 2024

Inventory consisted of the following as of June 30, 2024 and December 31, 2023:


(in thousands)	June 30, 2024		December 31, 2023
Finished goods	$	57,559	$	64,281
Reserve to reduce inventories to net realizable value	(3,892)		(6,518)
Total inventory	$	53,667	$	57,763

Property and equipment consisted of the following as of June 30, 2024 and December 31, 2023:


(in thousands)	June 30, 2024		December 31, 2023
Leasehold improvements	$	32,410	$	40,008
Furniture and fixtures	20,449		23,756
Internal-use software	31,661		29,367
Machinery and equipment	975		975
Computers and equipment	2,651		2,836
Total property and equipment - gross	88,146		96,942
Less: accumulated depreciation and amortization	(67,065)		(70,857)
Total property and equipment - net	$	21,081	$	26,085

Prepaid expenses and other current assets consisted of the following as of June 30, 2024 and December 31, 2023:


(in thousands)	June 30, 2024		December 31, 2023
Prepaid expenses	$	5,194	$	5,248
Inventory returns receivable	719		927
Security deposits	859		458
Taxes receivable	4,738		6,865
Other receivables	1,371		2,284
Restricted cash	845		641
Total prepaid expenses and other current assets	$	13,726	$	16,423

Other assets consisted of the following as of June 30, 2024 and December 31, 2023:


(in thousands)	June 30, 2024		December 31, 2023
Investment in equity securities	$	2,000	$	2,000
Security deposits	1,907		3,564
Intangible assets	56		82
Debt issuance costs	—		8
Deferred tax assets	1,082		1,475
Total other assets	$	5,045	$	7,129

Accrued expenses consisted of the following as of June 30, 2024 and December 31, 2023:


(in thousands)	June 30, 2024		December 31, 2023
Sales-refund reserve	$	2,468	$	3,370
Taxes payable	926		1,996
Employee-related liabilities	3,771		4,174
Accrued expenses	8,111		13,447
Total accrued expenses and other current liabilities	$	15,276	$	22,987