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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 320,817 $ 580,658
Marketable securities 459,654 241,117
Accounts receivable, net of allowance for credit losses of $495 and $105 as of December 31, 2022 and December 31, 2021, respectively 53,734 34,396
Deferred costs, net 24,147 19,666
Prepaid expenses and other current assets 17,636 16,494
Total current assets 875,988 892,331
Property, equipment and software, net 27,096 24,725
Operating lease right-of-use assets 9,605 16,321
Intangible assets, net 8,553 10,091
Other assets 26,355 15,442
Total assets 947,597 958,910
Current liabilities:    
Educator partners payable 66,375 49,206
Other accounts payable and accrued expenses 23,342 23,257
Accrued compensation and benefits 21,163 18,353
Operating lease liabilities, current 8,658 8,031
Deferred revenue, current 115,701 94,637
Other current liabilities 7,202 7,639
Total current liabilities 242,441 201,123
Operating lease liabilities, non-current 5,791 11,864
Deferred revenue, non-current 3,076 3,851
Other liabilities 1,714 559
Total liabilities 253,022 217,397
Commitments and contingencies (Note 12)
Stockholders' equity:    
Preferred stock, $0.00001 par value-10,000,000 shares authorized as of December 31, 2022 and December 31, 2021; no shares issued and outstanding as of December 31, 2022 and December 31, 2021 0 0
Common stock, $0.00001 par value-300,000,000 shares authorized as of December 31, 2022 and December 31, 2021; 150,683,607 shares issued and 147,935,669 shares outstanding as of December 31, 2022, and 144,653,979 shares issued and 141,906,041 shares outstanding as of December 31, 2021 1 1
Additional paid-in capital 1,364,116 1,235,231
Treasury stock at cost, 2,747,938 shares as of December 31, 2022 and December 31, 2021 (4,701) (4,701)
Accumulated other comprehensive loss (718) (252)
Accumulated deficit (664,123) (488,766)
Total stockholders' equity 694,575 741,513
Total liabilities and stockholders' equity $ 947,597 $ 958,910