v3.22.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 6,067,438 $ 5,480,557
Marketable securities 2,255,038 910,700
Restricted cash 14,764 33,846
Funds receivable and amounts held on behalf of customers 3,715,471 2,181,329
Prepaids and other current assets (including customer receivables of $189,753 and $142,519 and allowances of $90,547 and $30,870, respectively) 333,669 309,954
Total current assets 12,386,380 8,916,386
Property and equipment, net 156,585 270,194
Operating lease right-of-use assets 272,036 384,068
Intangible assets, net 52,308 75,886
Goodwill 652,602 655,801
Other assets, noncurrent 188,563 189,164
Total assets 13,708,474 10,491,499
Current liabilities:    
Accounts payable 118,361 79,898
Operating lease liabilities, current 63,479 56,586
Accrued expenses and other current liabilities 1,558,243 2,414,071
Funds payable and amounts payable to customers 3,715,471 2,181,329
Unearned fees 903,728 407,895
Total current liabilities 6,359,282 5,139,779
Long-term debt, net of current portion 1,982,537 1,815,562
Operating lease liabilities, noncurrent 372,483 430,905
Other liabilities, noncurrent 218,459 203,470
Total liabilities 8,932,761 7,589,716
Commitments and contingencies (Note 12)
Stockholders’ equity:    
Common stock, value, issued 63 60
Additional paid-in capital 11,140,284 8,904,791
Accumulated other comprehensive income (loss) (6,893) 2,639
Accumulated deficit (6,357,741) (6,005,707)
Total stockholders’ equity 4,775,713 2,901,783
Total liabilities and stockholders’ equity $ 13,708,474 $ 10,491,499