Balance Sheet Components (Tables)
|
12 Months Ended |
Dec. 31, 2019 |
|---|
| Balance Sheet Related Disclosures [Abstract] |
|
| Schedule of Accounts Receivable, Net |
Accounts receivable, net consisted of the following (in thousands):
|
|
|
As of December 31, |
|
|
|
|
2019 |
|
|
2018 |
|
|
Gross accounts receivable |
|
$ |
360,194 |
|
|
$ |
204,975 |
|
|
Allowance for sales returns |
|
|
(6,550 |
) |
|
|
(7,335 |
) |
|
Allowance for sales incentives |
|
|
(19,476 |
) |
|
|
(13,750 |
) |
|
Other allowances |
|
|
(1,495 |
) |
|
|
(812 |
) |
|
Total allowances |
|
|
(27,521 |
) |
|
|
(21,897 |
) |
|
Total Accounts Receivable—net of allowances |
|
$ |
332,673 |
|
|
$ |
183,078 |
|
|
| Schedule of Allowance for Sales Returns |
Allowance for sales returns consist of the following activities (in thousands):
|
|
|
As of December 31, |
|
|
|
|
2019 |
|
|
2018 |
|
|
Beginning balance |
|
$ |
(7,335 |
) |
|
$ |
(6,907 |
) |
|
Charged to revenue |
|
|
(15,541 |
) |
|
|
(17,396 |
) |
|
Utilization of sales return reserve |
|
|
16,326 |
|
|
|
16,968 |
|
|
Ending balance |
|
$ |
(6,550 |
) |
|
$ |
(7,335 |
) |
|
| Schedule of Allowance for Sales Incentives |
Allowance for sales incentive consisted of the following activities (in thousands):
|
|
|
As of December 31, |
|
|
|
|
2019 |
|
|
2018 |
|
|
Beginning balance |
|
$ |
(13,750 |
) |
|
$ |
(10,442 |
) |
|
Charged to revenue |
|
|
(65,676 |
) |
|
|
(50,958 |
) |
|
Utilization of sales incentive reserve |
|
|
59,950 |
|
|
|
47,650 |
|
|
Ending balance |
|
$ |
(19,476 |
) |
|
$ |
(13,750 |
) |
|
| Schedule of Property and Equipment, Net |
Property and equipment, net consisted of the following (in thousands):
|
|
|
As of December 31, |
|
|
|
|
2019 |
|
|
2018 |
|
|
Computers and equipment |
|
$ |
23,834 |
|
|
$ |
16,056 |
|
|
Leasehold improvements |
|
|
93,239 |
|
|
|
18,396 |
|
|
Website and internal-use software |
|
|
6,510 |
|
|
|
6,423 |
|
|
Office equipment and furniture |
|
|
12,091 |
|
|
|
4,069 |
|
|
Total property and equipment |
|
|
135,674 |
|
|
|
44,944 |
|
|
Accumulated depreciation and amortization |
|
|
(32,412 |
) |
|
|
(19,680 |
) |
|
Property and Equipment, net |
|
$ |
103,262 |
|
|
$ |
25,264 |
|
|
| Schedule of Accrued Liabilities |
Accrued liabilities consisted of the following (in thousands):
|
|
|
As of December 31, |
|
|
|
|
2019 |
|
|
2018 |
|
|
Payments due to content publishers |
|
$ |
57,376 |
|
|
$ |
32,463 |
|
|
Accrued cost of revenue |
|
|
58,149 |
|
|
|
22,830 |
|
|
Operating lease liability, current |
|
|
17,896 |
|
|
|
— |
|
|
Accrued royalty expense |
|
|
18,040 |
|
|
|
7,939 |
|
|
Accrued payroll and related expenses |
|
|
14,522 |
|
|
|
12,217 |
|
|
Accrued inventory |
|
|
2,892 |
|
|
|
6,008 |
|
|
Marketing, retail and merchandising costs |
|
|
7,624 |
|
|
|
— |
|
|
Accrued legal expenses |
|
|
3,158 |
|
|
|
— |
|
|
Customer prepayments |
|
|
2,669 |
|
|
|
3,124 |
|
|
Taxes and related liabilities |
|
|
3,052 |
|
|
|
1,314 |
|
|
Other accrued expenses |
|
|
12,969 |
|
|
|
6,091 |
|
|
Total Accrued Liabilities |
|
$ |
198,347 |
|
|
$ |
91,986 |
|
|
| Schedule of Deferred Revenue |
Deferred revenue consisted of the following (in thousands):
|
|
|
As of December 31, |
|
|
|
|
2019 |
|
|
2018 |
|
|
Platform, current |
|
$ |
18,234 |
|
|
$ |
28,569 |
|
|
Player, current |
|
|
21,627 |
|
|
|
16,873 |
|
|
Total deferred revenue, current |
|
|
39,861 |
|
|
|
45,442 |
|
|
Platform, non-current |
|
|
6,135 |
|
|
|
12,783 |
|
|
Player, non-current |
|
|
9,235 |
|
|
|
6,811 |
|
|
Total deferred revenue, non-current |
|
|
15,370 |
|
|
|
19,594 |
|
|
Total Deferred Revenue |
|
$ |
55,231 |
|
|
$ |
65,036 |
|
|