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Supplemental Financial Statement Information
6 Months Ended
Jun. 30, 2022
Organization Consolidation And Presentation Of Financial Statements [Abstract]  
Supplemental Financial Statement Information

4. Supplemental Financial Statement Information

Cash Equivalents

The following tables summarize the cost or amortized cost, gross unrealized gains, gross unrealized losses and fair value of the cash equivalents as of June 30, 2022 and December 31, 2021 (in thousands):

 

 

 

June 30, 2022

 

 

 

Cost or
Amortized

 

 

Unrealized

 

 

Estimated
Fair

 

 

 

Cost

 

 

Gains

 

 

Losses

 

 

Value

 

Cash equivalents(1)

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

309,816

 

 

$

—

 

 

$

—

 

 

$

309,816

 

Total

 

$

309,816

 

 

$

—

 

 

$

—

 

 

$

309,816

 

 

(1) Included in cash and cash equivalents on the consolidated balance sheet as of June 30, 2022.

 

 

 

December 31, 2021

 

 

 

Cost or
Amortized

 

 

Unrealized

 

 

Estimated
Fair

 

 

 

Cost

 

 

Gains

 

 

Losses

 

 

Value

 

Cash equivalents(1)

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

309,283

 

 

$

—

 

 

$

—

 

 

$

309,283

 

Total

 

$

309,283

 

 

$

—

 

 

$

—

 

 

$

309,283

 

 

(1) Included in cash and cash equivalents on the consolidated balance sheet as of December 31, 2021.

Property and Equipment, Net

Property and equipment, net consisted of the following as of the dates indicated (in thousands):

 

 

 

June 30,
2022

 

 

December 31,
2021

 

Computer equipment and software

 

$

2,310

 

 

$

1,937

 

Developed website and software

 

 

6,292

 

 

 

5,876

 

Furniture and fixtures

 

 

1,436

 

 

 

1,433

 

Leasehold improvements and incentives

 

 

7,287

 

 

 

7,287

 

Total property and equipment, gross

 

 

17,325

 

 

 

16,533

 

Less accumulated depreciation and amortization

 

 

(10,835

)

 

 

(9,157

)

Property and equipment, net

 

$

6,490

 

 

$

7,376

 

 

Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities consisted of the following as of the dates indicated (in thousands):

 

 

 

June 30,
2022

 

 

December 31,
2021

 

Accrued advertising

 

$

12,773

 

 

$

10,176

 

Accrued sales tax

 

 

7,897

 

 

 

8,090

 

Accrued compensation and benefits

 

 

8,434

 

 

 

8,369

 

Accrued shipping

 

 

3,288

 

 

 

2,125

 

Contingent consideration

 

 

1,186

 

 

 

1,619

 

Other accrued and other current liabilities

 

 

8,943

 

 

 

10,543

 

Accrued expenses and other current liabilities

 

$

42,521

 

 

$

40,922