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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 502,152 $ 1,080,484
Accounts receivable, net 953,810 702,814
Prepaid expenses and other current assets 160,201 155,785
Total current assets 1,616,163 1,939,083
Property and equipment, net 173,331 78,543
Operating lease right-of-use assets 48,210 60,379
Goodwill 1,842,850 1,823,755
Intangible assets, net 1,292,635 1,677,660
Other assets 385,998 268,426
Total assets 5,359,187 5,847,846
Current liabilities:    
Accounts payable 371,702 273,196
Accrued and other current liabilities 252,202 147,801
Licensed asset obligation 13,054 15,254
Short-term debt 215,000 33,310
Deferred revenue 78,559 64,018
Operating lease liabilities 13,605 14,334
Deferred acquisition costs, current 0 31,045
Total current liabilities 944,122 578,958
Non-current liabilities:    
Long-term debt 2,905,906 3,178,412
Operating lease liabilities, non-current 42,905 54,153
Licensed asset obligation, non-current 0 26,970
Other non-current liabilities 209,925 106,676
Total liabilities 4,102,858 3,945,169
Commitments and contingencies (Note 5)
Redeemable noncontrolling interest 0 0
Stockholders’ equity:    
Preferred stock, $0.00003 par value—100,000,000 shares authorized, no shares issued and outstanding as of December 31, 2023 and 2022 0 0
Class A, Class B and Class F common stock, $0.00003 par value—1,700,000,000 (Class A 1,500,000,000, Class B 200,000,000, Class F nil) and 1,700,000,000 (Class A 1,500,000,000, Class B 200,000,000, Class F nil) shares authorized, 339,886,712 (Class A 268,774,090, Class B 71,112,622, Class F nil) and 373,873,683 (Class A 302,711,061, Class B 71,162,622, Class F nil) shares issued and outstanding as of December 31, 2023 and 2022, respectively 11 11
Additional paid-in capital 2,134,581 3,155,748
Accumulated other comprehensive loss (65,274) (83,382)
Accumulated deficit (812,989) (1,169,700)
Total stockholders’ equity 1,256,329 1,902,677
Total liabilities, redeemable noncontrolling interest, and stockholders’ equity $ 5,359,187 $ 5,847,846