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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 6,339 $ 6,253
Cash segregated under federal and other regulations 2,995 3,992
Receivables from brokers, dealers, and clearing organizations 76 88
Receivables from users, net 3,218 6,639
Securities borrowed 517 0
Deposits with clearing organizations 186 328
Asset related to user cryptocurrencies safeguarding obligation 8,431 0
User-held fractional shares 997 1,834
Prepaid expenses 86 92
Other current assets 72 57
Total current assets 22,917 19,283
Property, software, and equipment, net 146 146
Goodwill 100 101
Intangible assets, net 25 34
Non-current prepaid expenses 17 44
Other non-current assets 132 161
Total assets 23,337 19,769
Current liabilities:    
Accounts payable and accrued expenses 185 252
Payables to users 4,701 6,476
Securities loaned 1,834 3,651
User cryptocurrencies safeguarding obligation 8,431 0
Fractional shares repurchase obligation 997 1,834
Other current liabilities 105 134
Total current liabilities 16,253 12,347
Other non-current liabilities 128 129
Total liabilities 16,381 12,476
Commitments and contingencies (Note 17)
Stockholders’ equity:    
Additional paid-in capital 11,861 11,169
Accumulated other comprehensive income (loss) 0 1
Accumulated deficit (4,905) (3,877)
Total stockholders’ equity 6,956 7,293
Total liabilities and stockholders’ equity 23,337 19,769
Common Class A    
Stockholders’ equity:    
Common stock, value $ 0 $ 0
Common Stock, Shares Authorized 21,000,000,000 21,000,000,000
Common Class B    
Stockholders’ equity:    
Common stock, value $ 0 $ 0
Common Stock, Shares Authorized 700,000,000 700,000,000
Common Class C    
Stockholders’ equity:    
Common stock, value $ 0 $ 0
Common Stock, Shares Authorized 7,000,000,000 7,000,000,000