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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 581,153 $ 581,538
Prepaid expenses and other current assets 9,972 9,737
Total current assets 591,125 591,275
Property and equipment, net 6,490 7,376
Operating lease right-of-use assets 7,663 0
Intangible assets, net 1,044 1,360
Goodwill 7,012 7,012
Other assets 1,654 1,650
Total assets 614,988 608,673
Current liabilities    
Accounts payable 11,137 1,595
Funds payable to customers 145,148 145,290
Operating lease liabilities, current 5,403
Accrued expenses and other current liabilities 42,521 40,922
Total current liabilities 204,209 187,807
Operating lease liabilities, non-current 6,056 0
Long-term portion of deferred rent and other liabilities 3,247
Total liabilities 210,265 191,054
Commitments and Contingencies (Note 6)
Stockholders’ (deficit) equity    
Preferred Stock, $0.0001 par value, zero and 100,000,000 shares authorized as of December 31, 2020 and September 30, 2021, respectively; zero shares issued and outstanding as of December 31, 2020 and September 30, 2021
Common stock 8 8
Additional paid-in capital 665,595 641,974
Treasury stock, at cost (zero shares at December 31, 2020 and 50,595 shares at September 30, 2021) (2,651) (2,651)
Accumulated deficit (258,736) (221,835)
Accumulated other comprehensive income 507 123
Total stockholders' equity 404,723 417,619
Total liabilities and stockholders' equity $ 614,988 $ 608,673