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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 84,519 $ 98,332
Restricted cash 24,858 16,500
Customer funds 535 591
Available-for-sale securities 14,911 141,062
Accounts receivable, net 21,015 25,306
Prepaid insurance 15,951 22,822
Safeguarding asset for crypto 659,656 15,792
Other current assets 7,790 6,060
Total current assets 829,235 326,465
Property, equipment and software, net 20,194 19,744
Goodwill 66,877 15,852
Intangible assets, net 67,663 55,833
Deposits with clearinghouse 15,309 15,150
Other assets 24,464 22,458
Total assets 1,023,742 455,502
Current liabilities:    
Accounts payable and accrued liabilities 52,365 66,787
Customer funds payable 535 591
Deferred revenue, current 3,761 3,972
Safeguarding obligation for crypto 659,656 15,792
Total current liabilities 720,997 92,129
Deferred revenue, noncurrent 2,503 3,112
Warrant liability 1,428 785
Deferred tax liabilities, net 0 0
Other noncurrent liabilities 38,938 23,402
Total liabilities 763,866 119,428
Commitments and contingencies (Note 14)
Additional paid-in capital 791,205 772,973
Accumulated other comprehensive loss (166) (290)
Accumulated deficit (707,271) (676,447)
Total stockholders’ equity 83,796 96,263
Noncontrolling interest 176,080 239,811
Total equity 259,876 336,074
Total liabilities and stockholders’ equity 1,023,742 455,502
Related Party    
Current liabilities:    
Other current liabilities 1,010 1,168
Nonrelated Party    
Current liabilities:    
Other current liabilities 3,670 3,819
Class A Common Stock    
Current liabilities:    
Common stock, value 9 8
Class V Common Stock    
Current liabilities:    
Common stock, value $ 19 $ 19