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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 4,996,465 $ 4,544,202
Investments in short-term debt securities 851,901 1,081,851
Settlements receivable 3,226,294 2,416,324
Customer funds 3,170,430 3,180,324
Loans held for sale 775,424 474,036
Safeguarding asset related to bitcoin held for other parties 1,038,585 428,243
Other current assets 2,353,488 1,627,265
Total current assets 18,857,282 15,623,405
Property and equipment, net 296,056 329,302
Goodwill 11,919,720 11,966,761
Acquired intangible assets, net 1,761,521 2,014,034
Investments in long-term debt securities 251,127 573,429
Operating lease right-of-use assets 244,701 373,172
Other non-current assets 739,486 484,237
Total assets 34,069,893 31,364,340 Close
Current liabilities:    
Customers payable 6,795,340 5,548,656
Settlements payable 8,469 462,505
Accrued expenses and other current liabilities 1,326,200 1,073,516
Current portion of long-term debt (Note 15) 0 460,356
Warehouse funding facilities, current 753,035 461,240
Safeguarding obligation liability related to bitcoin held for other parties 1,038,585 428,243
Total current liabilities 9,921,629 8,434,516
Deferred tax liabilities 35,695 132,498
Warehouse funding facilities, non-current 854,882 877,066
Long-term debt (Note 15) 4,120,091 4,109,829
Operating lease liabilities, non-current 289,788 357,419
Other non-current liabilities 154,972 201,657
Total liabilities 15,377,057 14,112,985 Close
Commitments and contingencies (Note 20)
Stockholders’ equity:    
Preferred stock, $0.0000001 par value: 100,000 shares authorized at December 31, 2023 and December 31, 2022. None issued and outstanding at December 31, 2023 and December 31, 2022. 0 0
Additional paid-in capital 19,601,992 18,314,681
Accumulated other comprehensive loss (378,307) (523,090)
Accumulated deficit (528,429) (568,712)
Total stockholders’ equity attributable to common stockholders 18,695,256 17,222,879
Noncontrolling interests (2,420) 28,476
Total stockholders’ equity 18,692,836 17,251,355 Close
Total liabilities and stockholders’ equity 34,069,893 31,364,340
Consumer    
Current assets:    
Consumer receivables, net 2,444,695 1,871,160
Loans held for sale 274,630 120,870
Class A    
Stockholders’ equity:    
Common stock 0 0
Class B    
Stockholders’ equity:    
Common stock $ 0 $ 0