Balance Sheet Components (Tables)

3 Months Ended

Mar. 31, 2024

Balance Sheet Related Disclosures [Abstract]

The following table reconciles cash and cash equivalents, restricted cash, and funds held in escrow that are restricted as reported in the condensed consolidated balance sheets as of March 31, 2024 and

December 31, 2023 to the total of the same amounts shown in the condensed consolidated statement of cash flows for the three months ended March 31, 2024:


(In thousands)	March 31, 2024		December 31, 2023
Cash and cash equivalents	$	24,667	$	79,641
Restricted cash	4,390		4,390
Funds held in escrow, including funds in transit	222,937		212,387
Total cash, cash equivalents, and restricted cash as shown in the condensed consolidated statement of cash flows	$	251,994	$	296,418

Schedule of Property and Equipment, Net

Property and equipment, net consisted of the following:


(In thousands)	March 31, 2024		December 31, 2023
Internal-use software and platform development	$	49,522	$	47,096
Leasehold improvements	11,738		11,644
Computer equipment and software	6,807		6,605
Office furniture and fixtures	2,745		2,745
Total property and equipment	70,812		68,090
Less: accumulated depreciation	(43,684)		(40,950)
Property and equipment, net	$	27,128	$	27,140

Schedule of Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities consisted of the following:


(In thousands)	March 31, 2024		December 31, 2023
Accrued compensation and related benefits	$	14,257	$	25,872
Accrued indirect taxes	13,763		13,171
Accrued vendor expenses	9,568		8,844
Operating lease liability, current	4,918		5,687
Accrued payment processing fees	1,836		2,090
Accrued talent costs	1,701		1,415
Other	639		1,113
Total accrued expenses and other current liabilities	$	46,682	$	58,192