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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 6,166,705 $ 1,402,629
Cash and securities segregated under federal and other regulations 4,468,298 4,914,660
Receivables from brokers, dealers and clearing organizations 124,962 124,501
Receivables from users, net 6,099,497 3,354,142
Deposits with clearing organizations 316,221 225,514
Other current assets 1,674,013 851,138
Total current assets 18,849,696 10,872,584
Property, software and equipment, net 114,666 45,834
Goodwill 95,564 0
Intangible assets, net 35,227 185
Restricted cash 23,773 7,364
Other non-current assets 198,442 62,507
Total assets 19,317,368 10,988,474
Current liabilities:    
Accounts payable and accrued expenses 237,147 104,649
Payables to users 6,811,169 5,897,242
Securities loaned 3,129,650 1,921,118
Other current liabilities 1,620,452 893,036
Total current liabilities 11,798,418 8,816,045
Other non-current liabilities 134,368 48,012
Total liabilities 11,932,786 8,864,057
Commitments and contingencies (Note 16)
Mezzanine equity    
Carrying Value of Stock, Net of Issuance Costs 0 2,179,739
Stockholders’ (deficit) equity:    
Preferred stock, $0.0001 par value. No shares authorized, issued and outstanding as of December 31, 2020; 210,000,000 shares authorized and no shares issued and outstanding as of September 30, 2021. 0 0
Common stock, value 0 1
Additional paid-in capital 10,837,381 134,307
Accumulated other comprehensive income 383 473
Accumulated deficit (3,453,268) (190,103)
Total stockholders’ (deficit) equity 7,384,582 (55,322)
Total liabilities, mezzanine equity and stockholders’ (deficit) equity 19,317,368 10,988,474
Common Class A    
Stockholders’ (deficit) equity:    
Common stock, value 73 0
Common Class B    
Stockholders’ (deficit) equity:    
Common stock, value 13 0
Common Class C    
Stockholders’ (deficit) equity:    
Common stock, value $ 0 $ 0