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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 74,540 $ 79,733
Accounts receivable (net of allowance for doubtful accounts of $1,668 as at March 31, 2022 and $1,094 as at December 31, 2021) 98,092 142,909
Prepaid and other current assets 26,768 29,017
Total current assets 199,400 251,659
Property and equipment, net 23,065 23,052
Right-of-use assets 73,103  
Capitalized software costs, net 17,902 16,554
Intangible assets, net 132,717 136,513
Goodwill 194,050 194,881
Prepaid and other assets 15,538 14,555
Total assets 655,775 637,214
Current liabilities    
Accounts payable 14,673 16,025
Accrued expenses 23,584 31,386
Deferred rent   4,894
Deferred revenue 3,142 1,676
Accrued compensation 26,935 37,434
Current lease liabilities 24,258  
Other current liabilities 2,706 2,731
Total current liabilities 95,298 94,146
Deferred rent   12,504
Noncurrent lease liabilities 66,174  
Debt 143,032 141,878
Derivative liability 6,450 4,875
Warrant liabilities 8,354 4,938
Other liabilities 1,956 3,992
Total liabilities 321,264 262,333
Commitments and contingencies
Redeemable noncontrolling interest 2,458 2,294
Stockholders' equity    
Additional paid-in capital 700,167 695,869
Accumulated deficit (367,000) (322,106)
Accumulated other comprehensive loss (3,336) (3,233)
Total BuzzFeed, Inc. stockholders' equity 329,845 370,543
Noncontrolling interests 2,208 2,044
Total stockholders' equity 332,053 372,587
Total liabilities and equity 655,775 637,214
Class A common stock    
Stockholders' equity    
Common stock 12 11
Class B Common Stock    
Stockholders' equity    
Common stock 1 1
Class C common stock    
Stockholders' equity    
Common stock $ 1 $ 1