v3.22.2.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 6,187 $ 6,253
Cash and cash equivalents segregated under federal and other regulations 2,954 3,992
Receivables from brokers, dealers, and clearing organizations 75 88
Receivables from users, net 4,046 6,639
Securities borrowed 139 0
Deposits with clearing organizations 201 328
Asset related to user cryptocurrencies safeguarding obligation 9,361 0
User-held fractional shares 1,029 1,834
Investments 32 27
Prepaid expenses 80 92
Other current assets 41 30
Total current assets 24,145 19,283
Property, software, and equipment, net 151 146
Goodwill 100 101
Intangible assets, net 27 34
Restricted cash 22 24
Operating lease right-of-use-assets 100 129
Non-current prepaid expenses 27 44
Other non-current assets 29 8
Total assets 24,601 19,769
Current liabilities:    
Accounts payable and accrued expenses 203 252
Payables to users 5,396 6,476
Securities loaned 1,423 3,651
User cryptocurrencies safeguarding obligation 9,361 0
Fractional shares repurchase obligation 1,029 1,834
Operating lease liabilities 22 22
Other current liabilities 75 112
Total current liabilities 17,509 12,347
Operating lease liabilities, non-current 138 129
Total liabilities 17,647 12,476
Commitments and contingencies (Note 15)
Stockholders’ equity:    
Additional paid-in capital 11,694 11,169
Accumulated other comprehensive income (loss) (1) 1
Accumulated deficit (4,739) (3,877)
Total stockholders’ equity 6,954 7,293
Total liabilities and stockholders’ equity 24,601 19,769
Common Class A    
Stockholders’ equity:    
Common stock, value 0 0
Common Class B    
Stockholders’ equity:    
Common stock, value 0 0
Common Class C    
Stockholders’ equity:    
Common stock, value $ 0 $ 0