Balance Sheet Components

9 Months Ended

Sep. 30, 2021

Balance Sheet Related Disclosures [Abstract]

Balance Sheet Components

6. Balance sheet components

Accounts Receivable, net: Accounts receivable, net consists of the following (in thousands):

	As of
	September 30, 2021			December 31, 2020
Gross accounts receivable	$	621,542		$	565,088
Allowance for sales returns		(4,043	)		(5,912	)
Allowance for sales incentives		(19,835	)		(30,838	)
Allowance for doubtful accounts		(1,582	)		(4,181	)
Other allowances		(171	)		(305	)
Total allowances		(25,631	)		(41,236	)
Total accounts receivable, net of allowances	$	595,911		$	523,852

Property and Equipment, net: Property and equipment, net consists of the following (in thousands):

	As of
	September 30, 2021			December 31, 2020
Computers and equipment	$	36,825		$	30,859
Leasehold improvements		170,771			144,013
Website and internal-use software		7,274			6,744
Office equipment and furniture		19,886			19,661
Total property and equipment		234,756			201,277
Accumulated depreciation and amortization		(64,150	)		(46,080	)
Property and equipment, net	$	170,606		$	155,197

Depreciation and amortization expense, for property and equipment assets, for the three months ended September 30, 2021 and 2020 was $6.2 million and $5.8 million, respectively. Depreciation and amortization expense, for property and equipment assets, for the nine months ended September 30, 2021 and 2020 was $18.3 million and $15.6 million, respectively.

Accrued Liabilities: Accrued liabilities consists of the following (in thousands):

	As of
	September 30, 2021		December 31, 2020
Payments due to content publishers	$	155,175	$	106,576
Accrued cost of revenue		101,952		98,285
Marketing, retail and merchandising costs		32,681		43,645
Operating lease liability, current		34,723		35,647
Content liability, current		52,536		6,165
Accrued payroll and related expenses		32,523		15,675
Other accrued expenses		72,467		41,675
Total accrued liabilities	$	482,057	$	347,668

Deferred Revenue: Deferred revenue consists of the following (in thousands):

	As of
	September 30, 2021		December 31, 2020
Platform, current	$	22,140	$	27,587
Player, current		23,419		27,878
Total deferred revenue, current		45,559		55,465
Platform, non-current		10,175		9,909
Player, non-current		13,245		11,374
Total deferred revenue, non-current		23,420		21,283
Total deferred revenue	$	68,979	$	76,748