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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 68,219 $ 98,332
Restricted cash 28,262 16,500
Customer funds 28,223 591
Available-for-sale securities 22,678 141,062
Accounts receivable, net 21,699 25,306
Prepaid insurance 12,050 22,822
Safeguarding asset for crypto 505,697 15,792
Other current assets 7,329 6,060
Total current assets 694,157 326,465
Property, equipment and software, net 20,508 19,744
Goodwill 66,500 15,852
Intangible assets, net 41,738 55,833
Deposits with clearinghouse 159 15,150
Other assets 23,672 22,458
Total assets 846,734 455,502
Current liabilities:    
Accounts payable and accrued liabilities 49,192 66,787
Customer funds payable 28,223 591
Deferred revenue, current 4,370 3,972
Safeguarding obligation for crypto 505,697 15,792
Total current liabilities 593,555 92,129
Deferred revenue, noncurrent 2,850 3,112
Warrant liability 1,642 785
Other noncurrent liabilities 37,612 23,402
Total liabilities 635,659 119,428
Commitments and contingencies (Note 14)
Additional paid-in capital 794,199 772,973
Accumulated other comprehensive loss (293) (290)
Accumulated deficit (724,602) (676,447)
Total stockholders’ equity 69,332 96,263
Noncontrolling interest 141,743 239,811
Total equity 211,075 336,074
Total liabilities and stockholders’ equity 846,734 455,502
Related Party    
Current liabilities:    
Other current liabilities 1,770 1,168
Nonrelated Party    
Current liabilities:    
Other current liabilities 4,303 3,819
Class A Common Stock    
Current liabilities:    
Common stock, value 9 8
Class V Common Stock    
Current liabilities:    
Common stock, value $ 19 $ 19