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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2021
Jun. 30, 2020
Current assets:    
Cash and cash equivalents $ 509,615 $ 573,643
Short-term investments 655,314 123,974
Accounts receivable, net 18,222 4,252
Acquired card receivables, net 147,093  
Unbilled revenue 8,118 6,549
Prepaid expenses and other current assets 59,077 26,781
Funds held for customers 2,208,598 1,644,250
Total current assets 3,606,037 2,379,449
Non-current assets:    
Operating lease right-of-use assets, net 71,925  
Property and equipment, net 48,902 13,866
Intangible assets, net 417,341  
Goodwill 1,772,043  
Other assets 52,925 10,700
Total assets 5,969,173 2,404,015
Current liabilities:    
Accounts payable 11,904 3,478
Accrued compensation and benefits 20,287 12,387
Deferred revenue 12,848 5,891
Other accruals and current liabilities 72,022 10,841
Customer fund deposits 2,208,598 1,644,250
Total current liabilities 2,325,659 1,676,847
Non-current liabilities:    
Deferred revenue 2,926 2,622
Operating lease liabilities 86,639  
Borrowings from credit facilities, net 79,534  
Convertible senior notes, net 909,847  
Deferred income tax liability 9,090  
Other long-term liabilities 25,888 13,827
Total liabilities 3,439,583 1,693,296
Commitments and contingencies (Notes 14 and 15)
Stockholders' equity:    
Preferred stock: $0.00001 par value per share; 10,000 shares authorized; none issued and outstanding
Common stock; $0.00001 par value per share; 500,000 shares authorized; 94,504 and 79,635 shares issued and outstanding at June 30, 2021 and 2020, respectively 2 2
Additional paid-in capital 2,777,155 857,044
Accumulated other comprehensive (loss) income (100) 2,420
Accumulated deficit (247,467) (148,747)
Total stockholders' equity 2,529,590 710,719
Total liabilities and stockholders' equity $ 5,969,173 $ 2,404,015