The following table provides a reconciliation of cash and cash equivalents and restricted cash reported within the accompanying balance sheet to the total amounts shown in the accompanying statement of cash flows:


	December 31,
	2023		2022		2021		2020
	(In thousands)
Cash and cash equivalents	$	364,044	$	321,155	$	428,136	$	812,705
Restricted cash included in other current assets	—		107		156		407
Restricted cash included in other non-current assets	257		371		693		449
Restricted cash included in other non-current assets of discontinued operations	—		503		500		—
Total cash and cash equivalents, and restricted cash as shown on the statement of cash flows	$	364,301	$	322,136	$	429,485	$	813,561

Restricted cash included in “Other current assets” in the balance sheet at December 31, 2022 primarily consisted of cash reserved to fund insurance claims.

Restricted cash included in “Other current assets” in the balance sheet at December 31, 2021 primarily consisted of funds collected from service providers for disputed payments which were not settled as of the period end in addition to cash reserved to fund insurance claims.

Restricted cash included in “Other current assets” in the balance sheet at December 31, 2020 primarily consists of cash received from customers at Angi Inc. through the Handy platform, representing funds collected for payment to service providers, which were not settled as of the period end.

Restricted cash included in “Other non-current assets” in the balance sheets for all periods presented above primarily consisted of deposits related to leases. Restricted cash included in “Other non-current assets” in the balance sheet at December 31, 2020 also included cash reserved to fund consumer claims.

The following table presents the changes in the allowance for credit loss for the years ended December 31, 2023 and 2022:


	December 31,
	2023		2022
	(In thousands)
Balance at January 1	$	38,846	$	28,712
Current period provision for credit losses	79,385		104,261
Write-offs charged against the allowance for credit loss	(98,649)		(99,469)
Recoveries collected	5,102		5,342
Balance at December 31	$	24,684	$	38,846


	December 31,
	2023		2022
	(In thousands)
Other current assets:
Capitalized sales commissions	$	34,927	$	37,220
Prepaid expenses	21,485		23,997
Other	15,663		3,113
Other current assets	$	72,075	$	64,330


	December 31,
	2023		2022
	(In thousands)
Capitalized software, leasehold improvements and equipment, net:
Capitalized software and computer equipment	$	275,377	$	247,176
Leasehold improvements	27,140		27,780
Furniture and other equipment	10,387		10,819
Projects in progress	11,980		12,653
Capitalized software, leasehold improvements and equipment	324,884		298,428
Accumulated depreciation and amortization	(215,357)		(145,869)
Capitalized software, leasehold improvements and equipment, net	$	109,527	$	152,559


	December 31,
	2023		2022
	(In thousands)
Accrued expenses and other current liabilities:
Accrued employee compensation and benefits	$	59,765	$	48,990
Accrued advertising expense	25,648		40,312
Current lease liabilities	17,797		16,328
Current legal liabilities	5,242		13,585
Other	70,877		63,579
Accrued expenses and other current liabilities	$	179,329	$	182,794


	Years Ended December 31,
		2023		2022		2021
		(In thousands)
Interest income		$	17,149	$	4,529	$	238
Foreign exchange gains (losses)		1,238		(3,364)		(1,656)
Loss on extinguishment of debt(a)		—		—		(1,110)
Gain on the sale of a business		—		—		31

Other		40		4		(13)
Other income (expense), net		$	18,427	$	1,169	$	(2,510)

(a) Represents the write-off of deferred debt issuance costs related to the ANGI Group Term Loan, which was repaid in its entirety during the second quarter of 2021.


	Years Ended December 31,
	2023		2022		2021
	(In thousands)
Cash (paid) received during the year for:
Interest expense—third-party	$	(19,375)	$	(19,375)	$	(21,450)

Income tax payments, including amounts paid to IAC for Angi Inc.'s share of IAC's consolidated tax liability	$	(4,957)	$	(1,551)	$	(4,647)
Income tax refunds, including amounts received from IAC for Angi Inc.’s share of IAC's consolidated tax liability	$	282	$	396	$	587