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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 509,660 $ 1,132,325
Restricted cash (including restricted cash of consolidated VIEs of $19.5 million and $0 million, respectively) 94,305 82,450
Accounts receivable, net of allowance of $26.7 million and $8.9 million, respectively 23,733 105,433
Finance receivables at fair value (including finance receivables of consolidated VIEs of $10.9 million and $0 million, respectively) 13,644  
Finance receivables held for sale, net (including finance receivables of consolidated VIEs of $137.1 million and $0 million, respectively) 210,729  
Inventory 437,828 726,384
Beneficial interests in securitizations 23,984  
Prepaid expenses and other current assets 58,576 55,700
Total current assets 1,372,459 2,102,292
Finance receivables at fair value (including finance receivables of consolidated VIEs of $135.8 million and $0 million, respectively) 166,382  
Property and equipment, net 50,520 37,042
Intangible assets, net 165,668 28,207
Goodwill 0 158,817
Operating lease right-of-use assets 24,392 15,359
Other assets 29,539 25,033
Total assets 1,808,960 2,366,750
Current Liabilities:    
Accounts payable 36,800 52,651
Accrued expenses 103,903 121,508
Vehicle floorplan 345,272 512,801
Warehouse credit facilities of consolidated VIEs 135,453  
Current portion of securitization debt of consolidated VIEs at fair value 54,652  
Deferred revenue 16,313 75,803
Operating lease liabilities, current 8,268 6,889
Other current liabilities 19,061 57,604
Total current liabilities 719,722 827,256
Long term debt, net of current portion (including securitization debt of consolidated VIEs of $40.8 million and $0 million at fair value, respectively) 607,790 610,618
Operating lease liabilities, excluding current portion 20,620 9,592
Other long-term liabilities 15,696 4,090
Total liabilities 1,363,828 1,451,556
Commitments and contingencies (Note 13)
Stockholders' equity:    
Common stock, $0.001 par value; 500,000,000 shares authorized as of September 30, 2022 and December 31, 2021; 138,154,063 and 137,092,891 shares issued and outstanding as of September 30, 2022 and December 31, 2021, respectively 135 135
Additional paid-in-capital 2,070,454 2,063,841
Accumulated deficit (1,625,457) (1,148,782)
Total stockholders' equity 445,132 915,194
Total liabilities and stockholders' equity $ 1,808,960 $ 2,366,750