v3.24.2.u1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current Assets:    
Cash and cash equivalents $ 2,058,465 $ 2,025,891
Accounts receivable, net of allowances of $39,864 and $34,127 as of June 30, 2024 and December 31, 2023, respectively 669,136 816,337
Inventories 96,351 92,129
Prepaid expenses and other current assets 153,434 138,585
Total current assets 2,977,386 3,072,942
Property and equipment, net 240,035 264,556
Operating lease right-of-use assets 338,422 371,444
Content assets, net 240,596 257,395
Intangible assets, net 34,551 41,753
Goodwill 161,519 161,519
Other non-current assets 111,865 92,183
Total Assets 4,104,374 4,261,792
Current Liabilities:    
Accounts payable 276,118 385,330
Accrued liabilities 724,467 788,040
Deferred revenue, current portion 95,974 102,157
Total current liabilities 1,096,559 1,275,527
Deferred revenue, non-current portion 23,471 24,572
Operating lease liability, non-current portion 553,375 586,174
Other long-term liabilities 40,180 49,186
Total Liabilities 1,713,585 1,935,459
Commitments and contingencies (Note 11)
Stockholders’ Equity:    
Common stock, $0.0001 par value 14 14
Additional paid-in capital 3,773,831 3,623,747
Accumulated other comprehensive income (loss) (661) 159
Accumulated deficit (1,382,395) (1,297,587)
Total stockholders’ equity 2,390,789 2,326,333
Total Liabilities and Stockholders’ Equity $ 4,104,374 $ 4,261,792