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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current Assets:    
Cash and cash equivalents $ 1,463,573 $ 1,056,213
Restricted cash 37,116 33,826
Accounts receivable, net of allowance of $3,304 and $2,803, respectively 100,491 60,576
Inventory 519,966 423,647
Prepaid expenses and other current assets 49,984 23,617
Total current assets 2,171,130 1,597,879
Property and equipment, net 21,397 15,092
Intangible assets, net 31,318 34
Goodwill 159,306 78,172
Operating lease right-of-use assets 17,679 17,137
Other assets 19,809 15,742
Total assets 2,420,639 1,724,056
Current Liabilities:    
Accounts payable 69,813 32,925
Accrued expenses 86,328 59,405
Vehicle floorplan 363,614 329,231
Deferred revenue 41,648 24,822
Operating lease liabilities, current 6,612 6,052
Other current liabilities 90,986 30,275
Total current liabilities 659,001 482,710
Convertible senior notes 608,960  
Operating lease liabilities, excluding current portion 12,348 12,093
Other long-term liabilities 3,584 2,151
Total liabilities 1,283,893 496,954
Commitments and contingencies (Note 10)
Stockholders’ equity:    
Common stock, $0.001 par value; 500,000,000 shares authorized as of June 30, 2021 and December 31, 2020; 136,717,347 and 134,043,969 shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively 134 132
Additional paid-in-capital 2,057,479 2,004,841
Accumulated deficit (920,867) (777,871)
Total stockholders’ equity 1,136,746 1,227,102
Total liabilities and stockholders’ equity $ 2,420,639 $ 1,724,056