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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
CURRENT ASSETS:    
Cash and cash equivalents $ 116,820 $ 97,912
Restricted cash 4,458 4,482
Accounts receivable – net of allowance of $6,817 and $6,460, respectively 135,200 129,603
Prepaid expenses 15,180 15,728
Taxes receivable 11,542 11,297
Other current assets 14,185 10,497
Total current assets 297,385 269,519
PROPERTY AND EQUIPMENT – NET 175,952 172,083
RIGHT OF USE ASSETS 45,353 47,231
GOODWILL 1,499,889 1,499,578
IDENTIFIABLE INTANGIBLE ASSETS – NET 416,945 419,548
DEFERRED INCOME TAXES – NET 8,328 8,272
OTHER LONG-TERM ASSETS 43,253 51,952
TOTAL 2,487,105 2,468,183
CURRENT LIABILITIES:    
Accounts payable 90,303 93,766
Accrued expenses 36,537 49,327
Income taxes payable 13,274 8,031
Deferred revenue 179,522 171,371
Total current liabilities 319,636 322,495
LONG-TERM DEBT – NET 1,436,674 1,428,847
LEASE LIABILITIES 44,363 46,218
DEFERRED INCOME TAXES – NET 31,458 37,075
UNCERTAIN TAX POSITIONS 37,407 37,333
OTHER LONG-TERM LIABILITIES 3,457 3,167
Total liabilities 1,872,995 1,875,135
Commitments and contingencies (Note 7)
STOCKHOLDERS’ EQUITY:    
Additional paid-in capital 1,945,803 1,936,324
Accumulated deficit (1,279,658) (1,282,354)
Accumulated other comprehensive loss (100,548) (108,928)
Total Getty Images Holdings, Inc. stockholders’ equity 565,636 545,081
Noncontrolling interest 48,474 47,967
Total stockholders’ equity 614,110 593,048
TOTAL 2,487,105 2,468,183
Class A Common Stock    
STOCKHOLDERS’ EQUITY:    
Class A common stock, $0.0001 par value: 2.0 billion shares authorized; 396.9 million shares issued and outstanding as of March 31, 2023 and 394.8 million shares issued and outstanding as of December 31, 2022 $ 39 $ 39