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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 5,112,293 $ 4,544,202
Investments in short-term debt securities 1,161,144 1,081,851
Settlements receivable 3,689,046 2,416,324
Customer funds 2,913,737 3,180,324
Loans held for sale 597,035 474,036
Safeguarding asset related to bitcoin held for other parties 676,363 428,243
Other current assets 1,696,033 1,627,265
Total current assets 17,540,600 15,623,405
Goodwill 11,749,198 11,966,761
Acquired intangible assets, net 1,778,951 2,014,034
Investments in long-term debt securities 426,202 573,429
Operating lease right-of-use assets 268,418 373,172
Other non-current assets 791,529 813,539
Total assets 32,554,898 31,364,340 Close
Current liabilities:    
Customers payable 6,672,957 5,548,656
Settlements payable 515,510 462,505
Accrued expenses and other current liabilities 1,275,427 1,073,516
Current portion of long-term debt (Note 13) 0 460,356
Warehouse funding facilities, current 51,858 461,240
Safeguarding obligation liability related to bitcoin held for other parties 676,363 428,243
Total current liabilities 9,192,115 8,434,516
Warehouse funding facilities, non-current 858,485 877,066
Long-term debt (Note 13) 4,117,502 4,109,829
Operating lease liabilities, non-current 302,779 357,419
Other non-current liabilities 253,511 334,155
Total liabilities 14,724,392 14,112,985 Close
Commitments and contingencies (Note 18)
Stockholders’ equity:    
Preferred stock, $0.0000001 par value: 100,000 shares authorized at September 30, 2023 and December 31, 2022. None issued and outstanding at September 30, 2023 and December 31, 2022. 0 0
Additional paid-in capital 19,352,152 18,314,681
Accumulated other comprehensive loss (802,482) (523,090)
Accumulated deficit (737,010) (568,712)
Total stockholders’ equity attributable to common stockholders 17,812,660 17,222,879
Noncontrolling interests 17,846 28,476
Total stockholders’ equity 17,830,506 17,251,355 Close
Total liabilities and stockholders’ equity 32,554,898 31,364,340
Consumer    
Current assets:    
Consumer receivables, net 1,694,949 1,871,160
Loans held for sale 199,497 120,870
Class A    
Stockholders’ equity:    
Common stock 0 0
Class B    
Stockholders’ equity:    
Common stock $ 0 $ 0