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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 68,189 $ 79,733
Accounts receivable (net of allowance for doubtful accounts of $1,648 as at June 30, 2022 and $1,094 as at December 31, 2021) 89,781 142,909
Prepaid and other current assets 31,521 29,017
Total current assets 189,491 251,659
Property and equipment, net 21,175 23,052
Right-of-use assets 68,022  
Capitalized software costs, net 18,737 16,554
Intangible assets, net 128,920 136,513
Goodwill 194,556 194,881
Prepaid and other assets 16,363 14,555
Total assets 637,264 637,214
Current liabilities    
Accounts payable 15,963 16,025
Accrued expenses 25,523 31,386
Deferred rent   4,894
Deferred revenue 2,954 1,676
Accrued compensation 29,620 37,434
Current lease liabilities 24,865  
Other current liabilities 1,555 2,731
Total current liabilities 100,480 94,146
Deferred rent   12,504
Noncurrent lease liabilities 59,438  
Debt 149,404 141,878
Derivative liability 1,650 4,875
Warrant liabilities 1,579 4,938
Other liabilities 3,627 3,992
Total liabilities 316,178 262,333
Commitments and contingencies
Redeemable noncontrolling interest   2,294
Stockholders' equity    
Additional paid-in capital 709,818 695,869
Accumulated deficit (390,765) (322,106)
Accumulated other comprehensive loss (2,378) (3,233)
Total BuzzFeed, Inc. stockholders' equity 316,689 370,543
Noncontrolling interests 4,397 2,044
Total stockholders' equity 321,086 372,587
Total liabilities and equity 637,264 637,214
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