CONDENSED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets
Cash and cash equivalents	$ 155,328	$ 144,173
Short-term investments	103,845	102,522
Accounts receivable	5,413	7,469
Inventory, net	130,466	119,040
Prepaid expenses and other current assets	10,526	12,455
Total current assets	405,578	385,659
Non-current assets
Property and equipment, net	28,054	24,864
Operating lease right-of-use assets	57,219	43,059
Deferred tax assets	18,040	18,291
Other assets	2,047	1,336
Total non-current assets	105,360	87,550
Total assets	510,938	473,209
Current liabilities
Accounts payable	22,216	14,749
Operating lease liabilities	9,233	8,230
Accrued expenses	16,604	7,906
Accrued compensation and benefits	4,329	7,312
Sales tax payable	3,392	3,149
Gift card liability	7,647	8,240
Deferred revenue	1,884	2,160
Returns reserve	2,707	2,989
Income tax payable	3,813	2,557
Total current liabilities	71,825	57,292
Non-current liabilities
Operating lease liabilities, non-current	49,055	38,884
Other non-current liabilities	183	183
Total liabilities	121,063	96,359
Commitments and contingencies (Note 9)
Stockholders’ equity
Preferred stock — par value $0.0001 per share, 100,000,000 shares authorized as of March 31, 2024 and December 31, 2023; zero shares issued and outstanding as of March 31, 2024 and December 31, 2023	0	0
Additional paid-in capital	326,696	315,075
Accumulated other comprehensive income (loss)	(26)	5
Retained earnings	63,189	61,754
Total stockholders’ equity	389,875	376,850
Total liabilities and stockholders’ equity	510,938	473,209
Class A Common Stock
Stockholders’ equity
Common stock	16	16
Class B Common Stock
Stockholders’ equity
Common stock	$ 0	$ 0