Squarespace (SQSP) 10-Q 8 Nov 22 2022 Q3 Quarterly report Financial data

Cover

Cover	9 Months Ended
	Sep. 30, 2022 shares
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2022
Document Transition Report	false
Entity File Number	001-40393
Entity Registrant Name	SQUARESPACE, INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	20-0375811
Entity Address, Address Line One	225 Varick Street
Entity Address, Address Line Two	12th Floor
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10014
City Area Code	646
Local Phone Number	580-3456
Title of 12(b) Security	Class A Common Stock, $0.0001 par value per share
Trading Symbol	SQSP
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Shell Company	false
Amendment Flag	false
Entity Central Index Key	0001496963
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q3
Class A Common Stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding	88,984,890
Class B Common Stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding	47,844,755
Class C Common Stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding	0

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 200,480	$ 203,247
Restricted cash	40,831	30,433
Investment in marketable securities	27,748	31,456
Accounts receivable, net	10,014	7,969
Due from vendors	2,928	1,828
Prepaid expenses and other current assets	46,766	67,099
Total current assets	328,767	342,032
Property and equipment, net	52,379	52,839
Operating lease right-of-use assets	88,893	0
Goodwill	435,601	435,601
Intangible assets, net	46,778	60,138
Other assets	10,396	8,939
Total assets	962,814	899,549
Current liabilities:
Accounts payable	10,637	26,533
Accrued liabilities	68,797	60,861
Deferred revenue	261,192	233,999
Funds payable to customers	43,074	30,137
Debt, current portion	32,627	13,586
Deferred rent and lease incentives, current portion	0	2,095
Operating lease liabilities, current portion	11,170	0
Total current liabilities	427,497	367,211
Debt, non-current portion	484,475	513,047
Deferred rent and lease incentives, non-current portion	0	32,348
Operating lease liabilities, non-current portion	112,595	0
Other liabilities	356	422
Total liabilities	1,024,923	913,028
Commitments and contingencies (see Note 11)
Redeemable convertible preferred stock, par value of $0.0001; zero shares authorized as of September 30, 2022 and December 31, 2021, respectively; zero shares issued and outstanding as of September 30, 2022 and December 31, 2021, respectively	0	0
Preferred stock, par value of $0.0001; 100,000,000 authorized as of September 30, 2022 and December 31, 2021, respectively; zero shares issued and outstanding as of September 30, 2022 and December 31, 2021, respectively	0	0
Stockholders’ deficit:
Additional paid in capital	886,602	911,570
Accumulated other comprehensive loss	(5,611)	(208)
Accumulated deficit	(943,114)	(924,855)
Total stockholders’ deficit	(62,109)	(13,479)
Total liabilities, redeemable convertible preferred stock and stockholders’ deficit	962,814	899,549
Class A common stock, par value of $0.0001; 1,000,000,000 shares authorized as of September 30, 2022 and December 31, 2021, respectively; 88,984,890 and 90,826,625 shares issued and outstanding as of September 30, 2022 and December 31, 2021, respectively
Stockholders’ deficit:
Common stock	9	9
Class B common stock, par value of $0.0001; 100,000,000 shares authorized as of September 30, 2022 and December 31, 2021, respectively; 47,844,755 and 48,344,755 shares issued and outstanding as of September 30, 2022 and December 31, 2021, respectively
Stockholders’ deficit:
Common stock	5	5
Class C common stock (authorized March 15, 2021), par value of $0.0001; zero shares authorized as of September 30, 2022 and December 31, 2021, respectively; zero shares issued and outstanding as of September 30, 2022 and December 31, 2021, respectively
Stockholders’ deficit:
Common stock	0	0
Class C common stock (authorized May 10, 2021), par value of $0.0001; 1,000,000,000 shares authorized as of September 30, 2022 and December 31, 2021, respectively; zero shares issued and outstanding as of September 30, 2022 and December 31, 2021, respectively
Stockholders’ deficit:
Common stock	$ 0	$ 0

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Sep. 30, 2022	Dec. 31, 2021
Redeemable convertible preferred stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Redeemable convertible preferred stock, authorized (in shares)	0	0
Redeemable convertible preferred stock, issued (in shares)	0	0
Redeemable convertible preferred stock, outstanding (in shares)	0	0
Preferred stock, par value (in dollar per share)	$ 0.0001	$ 0.0001
Preferred stock shares authorized (in shares)	100,000,000	100,000,000
Preferred stock, issued (in shares)	0	0
Preferred stock, outstanding (in shares)	0	0
Class A common stock, par value of $0.0001; 1,000,000,000 shares authorized as of September 30, 2022 and December 31, 2021, respectively; 88,984,890 and 90,826,625 shares issued and outstanding as of September 30, 2022 and December 31, 2021, respectively
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Common stock, authorized (in shares)	1,000,000,000	1,000,000,000
Common stock, issued (in shares)	88,984,890	90,826,625
Common stock, outstanding (in shares)	88,984,890	90,826,625
Class B common stock, par value of $0.0001; 100,000,000 shares authorized as of September 30, 2022 and December 31, 2021, respectively; 47,844,755 and 48,344,755 shares issued and outstanding as of September 30, 2022 and December 31, 2021, respectively
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Common stock, authorized (in shares)	100,000,000	100,000,000
Common stock, issued (in shares)	47,844,755	48,344,755
Common stock, outstanding (in shares)	47,844,755	48,344,755
Class C common stock (authorized March 15, 2021), par value of $0.0001; zero shares authorized as of September 30, 2022 and December 31, 2021, respectively; zero shares issued and outstanding as of September 30, 2022 and December 31, 2021, respectively
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Common stock, authorized (in shares)	0	0
Common stock, issued (in shares)	0	0
Common stock, outstanding (in shares)	0	0
Class C common stock (authorized May 10, 2021), par value of $0.0001; 1,000,000,000 shares authorized as of September 30, 2022 and December 31, 2021, respectively; zero shares issued and outstanding as of September 30, 2022 and December 31, 2021, respectively
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Common stock, authorized (in shares)	1,000,000,000	1,000,000,000
Common stock, issued (in shares)	0	0
Common stock, outstanding (in shares)	0	0

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Income Statement [Abstract]
Revenue	$ 217,696	$ 200,962	$ 638,160	$ 576,618
Cost of revenue	38,907	32,868	112,549	92,777
Gross profit	178,789	168,094	525,611	483,841
Operating expenses:
Research and product development	54,312	48,769	170,469	139,692
Marketing and sales	74,248	80,249	255,897	249,005
General and administrative	38,507	32,091	113,678	336,337
Total operating expenses	167,067	161,109	540,044	725,034
Operating income/(loss)	11,722	6,985	(14,433)	(241,193)
Interest expense	(5,209)	(2,491)	(10,977)	(8,578)
Other income, net	6,869	2,101	14,597	4,493
Income/(loss) before (provision for)/benefit from income taxes	13,382	6,595	(10,813)	(245,278)
(Provision for)/benefit from income taxes	(3,277)	(3,756)	(7,446)	12,439
Net income/(loss)	10,105	2,839	(18,259)	(232,839)
Less: accretion of redeemable convertible preferred stock to redemption value	0	0	0	(969)
Net income/(loss) attributable to Class A, Class B and Class C common stockholders, basic	10,105	2,839	(18,259)	(233,808)
Net income/(loss) attributable to Class A, Class B and Class C common stockholders, dilutive	$ 10,105	$ 2,839	$ (18,259)	$ (233,808)
Net income/(loss) per share attributable to Class A, Class B, and Class C common stockholders, basic (in dollars per share)	$ 0.07	$ 0.02	$ (0.13)	$ (2.90)
Net income/(loss) per share attributable to Class A, Class B, and Class C common stockholders, dilutive (in dollars per share)	$ 0.07	$ 0.02	$ (0.13)	$ (2.90)
Weighted-average shares used in computing net loss per share attributable to Class A, Class B, and Class C stockholders, basic (in shares)	137,832,634	138,625,579	139,106,807	80,746,637
Weighted-average shares used in computing net loss per share attributable to Class A, Class B, and Class C stockholders, dilutive (in shares)	139,667,719	143,251,717	139,106,807	80,746,637

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Statement of Comprehensive Income [Abstract]
Net income/(loss)	$ 10,105	$ 2,839	$ (18,259)	$ (232,839)
Other comprehensive loss:
Foreign currency translation adjustment	(2,275)	(861)	(5,113)	(1,355)
Unrealized loss on marketable securities, net of income taxes	(35)	(35)	(290)	(126)
Total other comprehensive loss	(2,310)	(896)	(5,403)	(1,481)
Total comprehensive income/(loss)	$ 7,795	$ 1,943	$ (23,662)	$ (234,320)

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN REDEEMABLE CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS' DEFICIT - USD ($) $ in Thousands	Total	Class A Common Stock	Common Stock Class A Common Stock	Common Stock Class B Common Stock	Common Stock Class C Common Stock	Additional Paid in Capital	Accumulated Other Comprehensive Income (Loss)	Accumulated Deficit
Temporary equity, beginning balance (in shares) at Dec. 31, 2020	104,446,332
Temporary equity, beginning balance at Dec. 31, 2020	$ 131,390
Increase (Decrease) in Temporary Equity [Roll Forward]
Accretion of redeemable convertible preferred stock	$ 969
Temporary equity, ending balance (in shares) at Mar. 31, 2021	104,446,332
Temporary equity, ending balance at Mar. 31, 2021	$ 132,359
Beginning balance (in shares) at Dec. 31, 2020			8,903,770	14,368,532	0
Beginning balance at Dec. 31, 2020	(664,206)		$ 1	$ 1	$ 0	$ 9,043	$ 2,455	$ (675,706)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock-based compensation	9,873					9,873
Stock option exercises (in shares)				900,476
Stock option exercises	707					707
Vested RSUs converted to common shares (in shares)			525,920
Repurchase of Class A common stock for tax withholdings upon vesting of RSUs (in shares)			(270,089)
Repurchase of Class A common stock for tax withholdings upon vesting of RSUs	(13,416)					(13,416)
Issuance of Class C common stock, net of issuance costs (in shares)					4,452,023
Issuance of Class C common stock, net of issuance costs	304,409					304,409
Issuance of Class C common stock for acquisition (in shares)					2,750,330
Issuance of Class C common stock for acquisition	188,179				$ 1	188,178
Accretion of redeemable convertible preferred stock	(969)					(969)
Net income/(loss)	(1,146)							(1,146)
Other comprehensive income (loss)	(1,327)						(1,327)
Ending balance (in shares) at Mar. 31, 2021			9,159,601	15,269,008	7,202,353
Ending balance at Mar. 31, 2021	$ (177,896)		$ 1	$ 1	$ 1	497,825	1,128	(676,852)
Temporary equity, beginning balance (in shares) at Dec. 31, 2020	104,446,332
Temporary equity, beginning balance at Dec. 31, 2020	$ 131,390
Temporary equity, ending balance (in shares) at Sep. 30, 2021	0
Temporary equity, ending balance at Sep. 30, 2021	$ 0
Beginning balance (in shares) at Dec. 31, 2020			8,903,770	14,368,532	0
Beginning balance at Dec. 31, 2020	(664,206)		$ 1	$ 1	$ 0	9,043	2,455	(675,706)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income/(loss)	(232,839)
Other comprehensive income (loss)	(1,481)
Ending balance (in shares) at Sep. 30, 2021			90,489,438	48,344,755	0
Ending balance at Sep. 30, 2021	$ (15,890)		$ 9	$ 5	$ 0	891,667	974	(908,545)
Temporary equity, beginning balance (in shares) at Mar. 31, 2021	104,446,332
Temporary equity, beginning balance at Mar. 31, 2021	$ 132,359
Increase (Decrease) in Temporary Equity [Roll Forward]
Conversion of convertible preferred stock to Class A and Class B common stock in connection with the direct listing (in shares)	(104,446,332)
Conversion of convertible preferred stock to Class A and Class B common stock in connection with the direct listing	$ (132,359)
Temporary equity, ending balance (in shares) at Jun. 30, 2021	0
Temporary equity, ending balance at Jun. 30, 2021	$ 0
Beginning balance (in shares) at Mar. 31, 2021			9,159,601	15,269,008	7,202,353
Beginning balance at Mar. 31, 2021	(177,896)		$ 1	$ 1	$ 1	497,825	1,128	(676,852)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock-based compensation	250,534					250,534
Stock option exercises (in shares)			1,201,066	874,695
Stock option exercises	2,962					2,962
Vested RSUs converted to common shares (in shares)			588,786
Repurchase of Class A common stock for tax withholdings upon vesting of RSUs (in shares)			(247,120)
Repurchase of Class A common stock for tax withholdings upon vesting of RSUs	(12,319)					(12,319)
Conversion of convertible preferred stock to Class A and Class B common stock in connection with the direct listing (in shares)			54,862,435	49,583,897
Conversion of convertible preferred stock to Class A and Class B common stock in connection with the direct listing	132,359		$ 6	$ 5		132,348
Conversion of Class B common stock to Class A common stock (in shares)			17,382,845	(17,382,845)
Conversion of Class B common stock to Class A common stock	0		$ 1	$ (1)
Conversion of Class C common stock to Class A common stock in connection with the direct listing (in shares)			7,202,353		(7,202,353)
Conversion of Class C common stock to Class A common stock in connection with the direct listing	0		$ 1		$ (1)
Net income/(loss)	(234,532)							(234,532)
Other comprehensive income (loss)	742						742
Ending balance (in shares) at Jun. 30, 2021			90,149,966	48,344,755	0
Ending balance at Jun. 30, 2021	$ (38,150)		$ 9	$ 5	$ 0	871,350	1,870	(911,384)
Temporary equity, ending balance (in shares) at Sep. 30, 2021	0
Temporary equity, ending balance at Sep. 30, 2021	$ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock-based compensation	23,932					23,932
Stock option exercises (in shares)			194,360
Stock option exercises	527					527
Vested RSUs converted to common shares (in shares)			240,360
Repurchase of Class A common stock for tax withholdings upon vesting of RSUs (in shares)			(95,248)
Repurchase of Class A common stock for tax withholdings upon vesting of RSUs	(4,142)					(4,142)
Net income/(loss)	2,839							2,839
Other comprehensive income (loss)	(896)						(896)
Ending balance (in shares) at Sep. 30, 2021			90,489,438	48,344,755	0
Ending balance at Sep. 30, 2021	$ (15,890)		$ 9	$ 5	$ 0	891,667	974	(908,545)
Temporary equity, beginning balance (in shares) at Dec. 31, 2021	0
Temporary equity, beginning balance at Dec. 31, 2021	$ 0
Temporary equity, ending balance (in shares) at Mar. 31, 2022	0
Temporary equity, ending balance at Mar. 31, 2022	$ 0
Beginning balance (in shares) at Dec. 31, 2021			90,826,625	48,344,755	0
Beginning balance at Dec. 31, 2021	(13,479)		$ 9	$ 5	$ 0	911,570	(208)	(924,855)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock-based compensation	24,160					24,160
Stock option exercises (in shares)			343,687
Stock option exercises	1,141					1,141
Vested RSUs converted to common shares (in shares)			680,134
Repurchase of Class A common stock for tax withholdings upon vesting of RSUs (in shares)			(287,455)
Repurchase of Class A common stock for tax withholdings upon vesting of RSUs	(7,672)					(7,672)
Net income/(loss)	(92,860)							(92,860)
Other comprehensive income (loss)	(979)						(979)
Ending balance (in shares) at Mar. 31, 2022			91,562,991	48,344,755	0
Ending balance at Mar. 31, 2022	$ (89,689)		$ 9	$ 5	$ 0	929,199	(1,187)	(1,017,715)
Temporary equity, beginning balance (in shares) at Dec. 31, 2021	0
Temporary equity, beginning balance at Dec. 31, 2021	$ 0
Temporary equity, ending balance (in shares) at Sep. 30, 2022	0
Temporary equity, ending balance at Sep. 30, 2022	$ 0
Beginning balance (in shares) at Dec. 31, 2021			90,826,625	48,344,755	0
Beginning balance at Dec. 31, 2021	(13,479)		$ 9	$ 5	$ 0	911,570	(208)	(924,855)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Repurchase and retirement of Class A common stock (in shares)		(3,994,455)
Repurchase and retirement of Class A common stock		$ (85,580)
Net income/(loss)	(18,259)
Other comprehensive income (loss)	(5,403)
Ending balance (in shares) at Sep. 30, 2022			88,984,890	47,844,755	0
Ending balance at Sep. 30, 2022	$ (62,109)		$ 9	$ 5	$ 0	886,602	(5,611)	(943,114)
Temporary equity, beginning balance (in shares) at Mar. 31, 2022	0
Temporary equity, beginning balance at Mar. 31, 2022	$ 0
Temporary equity, ending balance (in shares) at Jun. 30, 2022	0
Temporary equity, ending balance at Jun. 30, 2022	$ 0
Beginning balance (in shares) at Mar. 31, 2022			91,562,991	48,344,755	0
Beginning balance at Mar. 31, 2022	(89,689)		$ 9	$ 5	$ 0	929,199	(1,187)	(1,017,715)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock-based compensation	27,056					27,056
Stock option exercises (in shares)			269,064
Stock option exercises	969					969
Vested RSUs converted to common shares (in shares)			827,149
Repurchase of Class A common stock for tax withholdings upon vesting of RSUs (in shares)			(350,156)
Repurchase of Class A common stock for tax withholdings upon vesting of RSUs	(7,602)					(7,602)
Repurchase and retirement of Class A common stock (in shares)			(1,562,460)
Repurchase and retirement of Class A common stock	(35,202)					(35,202)
Conversion of Class B common stock to Class A common stock (in shares)			500,000	(500,000)
Net income/(loss)	64,496							64,496
Other comprehensive income (loss)	(2,114)						(2,114)
Ending balance (in shares) at Jun. 30, 2022			91,246,588	47,844,755	0
Ending balance at Jun. 30, 2022	$ (42,086)		$ 9	$ 5	$ 0	914,420	(3,301)	(953,219)
Temporary equity, ending balance (in shares) at Sep. 30, 2022	0
Temporary equity, ending balance at Sep. 30, 2022	$ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock-based compensation	24,572					24,572
Stock option exercises (in shares)			29,797
Stock option exercises	48					48
Vested RSUs converted to common shares (in shares)			237,846
Repurchase of Class A common stock for tax withholdings upon vesting of RSUs (in shares)			(97,346)
Repurchase of Class A common stock for tax withholdings upon vesting of RSUs	(2,060)					(2,060)
Repurchase and retirement of Class A common stock (in shares)		(2,431,995)	(2,431,995)
Repurchase and retirement of Class A common stock	(50,378)	$ (50,378)				(50,378)
Net income/(loss)	10,105							10,105
Other comprehensive income (loss)	(2,310)						(2,310)
Ending balance (in shares) at Sep. 30, 2022			88,984,890	47,844,755	0
Ending balance at Sep. 30, 2022	$ (62,109)		$ 9	$ 5	$ 0	$ 886,602	$ (5,611)	$ (943,114)

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended				9 Months Ended		12 Months Ended
	Sep. 30, 2022	Mar. 31, 2022	Sep. 30, 2021	Mar. 31, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
OPERATING ACTIVITIES:
Net loss	$ 10,105	$ (92,860)	$ 2,839	$ (1,146)	$ (18,259)	$ (232,839)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization					23,773	23,906
Stock-based compensation					75,051	284,099
Deferred income taxes					0	(13,755)
Non-cash lease expense					2,258	0
Other					700	871
Changes in operating assets and liabilities:
Accounts receivable and due from vendors					(3,099)	(35)
Prepaid expenses and other current assets					(11,514)	(18,930)
Accounts payable and accrued liabilities					6,034	7,937
Deferred revenue					38,035	34,954
Funds payable to customers					12,936	13,261
Other operating assets and liabilities					(798)	8,698
Net cash provided by operating activities					125,117	108,167
INVESTING ACTIVITIES:
Proceeds from the sale and maturities of marketable securities					22,740	25,605
Purchases of marketable securities					(19,444)	(20,385)
Purchase of property and equipment					(8,852)	(6,744)
Cash paid for acquisitions, net of acquired cash					0	(202,170)
Net cash used in investing activities					(5,556)	(203,694)
FINANCING ACTIVITIES:
Principal payments on debt					(10,189)	(10,189)
Payments for repurchase and retirement of Class A common stock					(85,580)	0
Taxes paid related to net share settlement of equity awards					(17,334)	(29,877)
Proceeds from exercise of stock options					2,158	4,196
Proceeds from issuance of common stock					0	304,409
Dividends paid					0	(367)	$ (367)
Net cash (used in)/provided by financing activities					(110,945)	268,172
Effect of exchange rate changes on cash, cash equivalents, and restricted cash					(985)	(159)
Net increase in cash, cash equivalents, and restricted cash					7,631	172,486
Cash, cash equivalents, and restricted cash at the beginning of the period		$ 233,680		$ 57,891	233,680	57,891	57,891
Cash, cash equivalents, and restricted cash at the end of the period	241,311		230,377		241,311	230,377	233,680
Reconciliation of cash, cash equivalents, and restricted cash:
Cash and cash equivalents	200,480		200,180		200,480	200,180	203,247
Restricted cash	40,831		30,197		40,831	30,197
Cash, cash equivalents, and restricted cash at the end of the period	$ 241,311		$ 230,377		241,311	230,377	$ 233,680
SUPPLEMENTAL DISCLOSURE OF CASH FLOW
Cash paid during the year for interest					10,283	7,864
Cash paid during the year for income taxes					9,450	1,107
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCE ACTIVITIES
Purchases of property and equipment included in accounts payable and accrued liabilities					1,814	2,662
Non-cash leasehold improvements					5,863	0
Capitalized stock-based compensation					737	240
Issuance of Class C (authorized on March 15, 2021) common stock for acquisition					$ 0	$ 188,179

Description of Business

Description of Business	9 Months Ended
	Sep. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of Business	Description of Business Squarespace, Inc. and its subsidiaries (the “Company”) is a leading all-in-one platform for businesses and independent creators to build an online presence, grow their brands and manage their businesses across the internet. The Company offers websites, domains, e-commerce, tools for managing a social media presence, marketing tools, scheduling and hospitality services. The Company is headquartered in New York, NY, with additional offices in Portland, OR, Chicago, IL, Dublin, Ireland, and Aveiro, Portugal. Emerging Growth Company Status The Company is an emerging growth company, as defined in the Jumpstart Our Business Startups Act of 2012 (the “JOBS Act”). Under the JOBS Act, emerging growth companies can delay adopting new or revised accounting standards issued subsequent to the enactment of the JOBS Act, until such time as those standards apply to private companies. The Company has elected to use this extended transition period for complying with new or revised accounting standards that have different effective dates for public and private companies until the earlier of the date that the Company (i) is no longer an emerging growth company or (ii) affirmatively and irrevocably opts out of the extended transition period provided in the JOBS Act. As a result, the Company’s condensed consolidated financial statements may not be comparable to financial statements of issuers who are required to comply with the effective dates for new or revised accounting standards based on public company effective dates. The Company will remain an emerging growth company until the earliest of (i) the last day of the fiscal year in which the Company’s total annual gross revenue is at least $1,235,000, (ii) the last day of the fiscal year following the fifth anniversary of the completion of the Direct Listing, as discussed below, (iii) the date on which the Company issued more than $1,000,000 in non-convertible debt securities during the prior three-year period, or (iv) the date on which the Company becomes a large accelerated filer. Acquisition of Tock, Inc. On March 31, 2021, the Company acquired all of the equity interests in Tock, Inc. (“Tock”), a reservation platform for prepaid reservations, access to restaurant management data, and other customization features, for a total consideration of $425,710. See “Note 4. Acquisitions” for further information on the acquisition of Tock. Direct Listing On May 19, 2021, the Company completed a direct listing of its Class A common stock (the “Direct Listing”) on the New York Stock Exchange (“NYSE”). The Company incurred fees related to financial advisory service, audit, and legal expenses in connection with the Direct Listing and recorded general and administrative expenses of $25,318 for the nine months ended September 30, 2021.

Summary of Significant Accounti

Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2022
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Basis of Presentation and Consolidation The Company’s condensed consolidated financial statements and related notes have been prepared in accordance with generally accepted accounting principles in the United States (“U.S. GAAP”) and include the Company’s wholly-owned subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation. Certain information and note disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted pursuant to the applicable rules and regulations of the Securities and Exchange Commission. The condensed balance sheet data as of December 31, 2021 was derived from the Company's audited financial statements but does not include all disclosures required by U.S. GAAP. Therefore, these unaudited, condensed, consolidated financial statements and accompanying notes should be read in conjunction with the Company's annual consolidated financial statements and related notes included in the Company's Annual Report on Form 10-K filed with the SEC on March 7, 2022. In the opinion of management, the condensed consolidated financial statements reflect all adjustments, consisting only of normal recurring adjustments, which are necessary for the fair statement of the Company’s financial information. Use of Estimates The preparation of the condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates, judgments and assumptions that affect the amounts reported in the condensed consolidated financial statements and accompanying notes. Management’s estimates are based on historical experience and on various other market-specific and relevant assumptions that management believes to be reasonable under the circumstances. Actual results could differ from those estimates. Significant estimates include but are not limited to (i) the recognition and measurement of loss contingencies, and indirect tax liabilities; (ii) the inputs used in the valuation of acquired intangible assets; (iii) the grant date fair value of stock-based awards; and (iv) the recognition, measurement and valuation of current and deferred income taxes. The Company evaluates its assumptions and estimates on an ongoing basis and adjusts prospectively, if necessary. COVID-19 In March 2020, the World Health Organization declared the outbreak of the novel coronavirus ("COVID-19") a pandemic. The COVID-19 pandemic has created, and may continue to create, significant uncertainty in macroeconomic conditions. The countries in which the Company operates have begun easing initial measures to control the spread of COVID-19. However, the Company is not able to estimate the impact that COVID-19 will continue to have on worldwide economic activity or the Company’s results of operations, financial condition, or liquidity. As of September 30, 2022, the Company has not experienced a materially adverse impact from COVID-19. The Company continues to assess the potential impacts of COVID-19 and the measures taken by governments, businesses and other organizations in response to COVID-19 as information becomes available. Concentration of Risks Related to Credit, Interest Rates and Foreign Currencies The Company is subject to credit risk, interest rate risk on any indebtedness the Company would potentially incur, market risk on investments and foreign currency risk in connection with the Company’s operations internationally. The Company maintains the components of its cash and cash equivalents balance in various accounts, which from time to time exceed the federal depository insurance coverage limit. In addition, substantially all cash and cash equivalents, as well as marketable securities, are held by three financial institutions. The Company has not experienced any concentration losses related to its cash, cash equivalents and marketable securities to date. As of September 30, 2022 and December 31, 2021, no single customer accounted for more than 10% of the Company’s accounts receivable. Additionally, no single customer accounted for more than 10% of the Company’s revenue during the three and nine months ended September 30, 2022 and 2021. The Company is also subject to foreign currency risks that arise from normal business operations. Foreign currency risks include the translation of local currency and intercompany balances established in local customer currencies sold through the Company's international subsidiaries. Cash and Cash Equivalents Cash and cash equivalents are stated at fair value. The Company considers all highly liquid investments purchased with an original maturity date of 90 days or less from the date of original purchase to be cash equivalents. Restricted Cash and Payment Processing Transactions As a result of the acquisition of Tock, the Company processes certain payments and holds funds on behalf of its restaurant customers consisting of diner prepayments for restaurant reservations as well as to-go orders. While the Company does not have any contractual obligations to hold such cash as restricted, the diner prepayments and associated sales tax are included in restricted cash in the condensed consolidated balance sheet as of September 30, 2022 and December 31, 2021. In addition, the Company recognizes the liability due to restaurant customers in funds payable to customers and the associated sales tax payable in accrued liabilities in the condensed consolidated balance sheets as of September 30, 2022 and December 31, 2021. Funds are remitted to the restaurant customers based on the stipulated contract terms. In addition to restricted cash held on behalf of restaurant customers, the Company recognizes in-transit receivables from certain third-party vendors which assist in processing and settling payment transactions due to a clearing period before the related cash is received or settled. In-transit receivables are included in due from vendors in the condensed consolidated balance sheets as of September 30, 2022 and December 31, 2021. The following table represents the assets and liabilities related to payment processing transactions: September 30, 2022 December 31, 2021 Restricted cash $ 40,831 $ 30,433 Due from vendors 2,928 1,828 Total payment processing assets 43,759 32,261 Funds payable to customers (43,074) (30,137) Sales tax payable (685) (2,124) Total payment processing liabilities (43,759) (32,261) Total payment processing transactions, net $ — $ — See “Note 4. Acquisitions” for further information on the acquisition of Tock. Fair Value of Financial Instruments Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. Valuation techniques used to measure fair value must maximize the use of observable inputs and minimize the use of unobservable inputs. Accounting Standards Codification (“ASC”) Topic 820, Fair Value Measurement, describes a fair value hierarchy based on three levels of inputs, of which the first two are considered observable and the last unobservable, that may be used to measure fair value. The three-level hierarchy for fair value measurements is defined as follows: Level 1 Inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets; Level 2 Inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability other than quoted prices, either directly or indirectly, including inputs in markets that are not considered to be active; and Level 3 Inputs to the valuation methodology are unobservable and significant to the fair value measurement. See “Note 6. Fair Value of Financial Instruments” for further information. Business Combinations The Company evaluates acquisitions to determine whether it is a business combination or an asset acquisition. The Company accounts for business combinations under the acquisition method of accounting. The Company includes the results of operations of acquired businesses in its condensed consolidated financial statements as of the respective dates of acquisition. The purchase price is allocated to the tangible and intangible assets acquired and liabilities assumed based on their estimated fair values as of the acquisition date, with the excess recorded to goodwill. Critical estimates used in valuing certain acquired intangible assets include, but are not limited to, future expected cash flows (e.g., from customer relationships or technology) and discount rates. The determination of fair value requires considerable judgment and is sensitive to changes in the underlying assumptions. The Company’s estimates are preliminary and subject to adjustment, which may result in material changes to the final valuation. During the measurement period, which will not exceed one year from closing, the Company will continue to obtain information to assist in finalizing the acquisition date fair values. Any qualifying changes to the preliminary estimates will be recorded as adjustments to the respective assets and liabilities, with any residual amounts allocated to goodwill. Any transaction costs are expensed as incurred. Goodwill Goodwill represents the excess of the purchase price over the estimated fair value of net tangible and identifiable intangible assets acquired in business combinations. The recognition of goodwill represents the strategic and synergistic benefits the Company expects to realize from acquisitions. Goodwill is not amortized to earnings, rather, assessed for impairment annually during the fourth quarter for its single reporting unit. The Company also performs an assessment at other times if events or changes in circumstances indicate the carrying value of the assets may not be recoverable. Intangible Assets The Company’s intangible assets are finite-lived and are amortized on a straight-line basis over their estimated remaining life, which is aligned to the economic benefit of the asset. Long-Lived Assets Long-lived assets or asset groups are reviewed periodically for impairment whenever events or changes in circumstances indicate the carrying amount of an asset or asset group may not be fully recoverable. Upon occurrence, recoverability is measured by comparing the sum of the undiscounted expected future cash flows the asset or asset group is expected to generate to its carrying amount. If the carrying amount of the asset or asset group exceeds its undiscounted expected future cash flows, an impairment loss is recognized in the amount of the excess of the carrying amount over the fair value. Any impairments are treated as permanent reductions in the carrying amount of the respective asset. Leases ASC Topic 842, Leases The Company adopted ASC Topic 842, Leases ("ASC Topic 842"), as of January 1, 2022. The Company determines if an arrangement is or contains a lease at inception by assessing whether the arrangement conveys the right to control the use of an identified asset. The Company classifies, measures and recognizes a lease liability on the lease commencement date based on the present value of lease payments over the remaining lease term. As of September 30, 2022, the Company's leases are classified as operating leases. The Company uses an estimated incremental borrowing rate based on information available at the lease commencement date in determining the present value of future payments as the rate implicit in the lease is not generally known. The incremental borrowing rate is based on the rate of interest the Company would have to pay to borrow on a collateralized basis over a similar term an amount equal to the lease payments in a similar economic environment. Operating right-of-use assets related to operating lease liabilities equal the amount of the initial measurement of the lease liability adjusted for any initial direct costs, prepaid rent and lease incentives received. Lease terms that are used in determining operating lease liabilities at lease inception may include options to extend or terminate the leases and when it is reasonably certain that the Company will exercise such options. Operating lease expense is recorded on a straight-line basis over the lease term. The straight-line expense is allocated within the condensed consolidated statements of operations based on departmental employee headcount. Variable lease costs are recognized as incurred and allocated within the condensed consolidated statements of operations based on departmental employee headcount. The Company has applied practical expedients for lease agreements with lease and non-lease components, and in such cases, accounts for the components as a single lease component. The Company has also elected not to recognize operating right-of-use assets and operating lease liabilities for any lease with an original lease term of less than one year. Operating lease right-of-use assets are included in non-current assets on the condensed consolidated balance sheets for the entire lease term. The Company includes the portion of the total lease payments, net of implicit interest, that are due in the next 12 months in current liabilities and the remaining portion in non-current liabilities on the condensed consolidated balance sheets. The difference between straight-line lease expense and the cash paid for leases is included as non-cash lease expense in the adjustments to reconcile net loss to net cash provided by operating activities on the condensed consolidated statements of cash flows. Operating sublease income is recognized on a straight-line basis over the sublease term and is allocated within the condensed consolidated statements of operations based on departmental employee headcount. ASC Topic 840, Leases Prior to the adoption of ASC Topic 842, the Company categorized leases at their inception as either operating or capital leases in accordance with ASC Topic 842, Leases. In the ordinary course of business, the Company enters into long term operating leases for office space. The Company’s headquarters is located in New York, NY. As of December 31, 2021, the Company also had office leases in Portland, OR, Los Angeles, CA, Chicago, IL, and Dublin, Ireland, all of which included varying commencement and expiration dates. The Company recognized rent expense on a straight-line basis over the lease period and accrued for rent expense as incurred, but not paid. Any related lease incentives were recorded as a reduction in rent expense on a straight-line basis over the lease term. The Company classified deferred rent and lease incentives as current based on the rent expense that would have been recognized during the succeeding twelve-month period from the balance sheet date. All other deferred rent and lease incentives were recorded as non-current in the condensed consolidated balance sheets. The Company recognized any sublease rental income on a straight-line basis as an offset to rent expense. Net Income/(Loss) Per Share Attributable to Class A, Class B and Class C Common Stockholders The Company calculates net income/(loss) per share attributable to Class A, Class B and Class C common stockholders using the two-class method required for companies with participating securities. The Company considers redeemable convertible preferred stock to be participating securities as holders of such securities have non-forfeitable dividend rights in the event of the Company’s declaration of a dividend for shares of Class A, Class B and Class C common stock. During periods when the Company is in a net loss position, the net loss attributable to Class A, Class B and Class C common stockholders is not allocated to the redeemable convertible preferred stock and unvested Class A, Class B and Class C common stock under the two-class method as these securities do not have a contractual obligation to share in the Company’s losses. Payment in excess of the carrying value on the redemption of redeemable convertible preferred stock represents a deemed dividend to the redeemable convertible preferred stockholder. Accordingly, the difference between the amount paid upon redemption and the carrying value of the redeemable convertible preferred stock is deducted from (if a premium) or added to (if a discount) net income to arrive at net income/(loss) available to Class A, Class B and Class C common stockholders. Distributed and undistributed earnings allocated to participating securities are subtracted from net income/(loss) in determining net income/(loss) attributable to Class A, Class B and Class C common stockholders. Basic net income/(loss) per share is computed by dividing net income/(loss) attributable to Class A, Class B and Class C common stockholders by the weighted-average number of shares of the Company’s Class A, Class B and Class C common stock outstanding. The diluted net income/(loss) per share attributable to Class A, Class B and Class C common stockholders is computed by giving effect to all dilutive securities. Diluted net income/(loss) per share attributable to Class A, Class B and Class C common stockholders is computed by dividing the resulting net income/(loss) attributable to Class A, Class B and Class C common stockholders by the weighted-average number of fully diluted Class A, Class B and Class C common shares outstanding. The Company used the if-converted method as though the conversion, exchange or vesting, respectively, had occurred as of the beginning of the period or the original date of issuance, if later. During periods when there is a net loss attributable to Class A, Class B and Class C common stockholders, potentially dilutive Class A, Class B and Class C common stock equivalents are excluded from the calculation of diluted net loss per share attributable to Class A, Class B and Class C common stockholders as their effect is anti-dilutive. If the effect of a conversion of an instrument is neutral to earnings per share, the Company considers the security to be dilutive. Recently Issued Accounting Pronouncements Under the JOBS Act, emerging growth companies can delay adopting new or revised accounting standards issued subsequent to the enactment of the JOBS Act, until such time as those standards apply to private companies. The Company has elected to use this extended transition period for complying with new or revised accounting standards that have different effective dates for public and private companies. See “Note 1. Description of Business” for further information on the Company's status as an emerging growth company. Accounting Pronouncements Recently Adopted In February 2016, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2016-02 , Leases (Topic 842) (“ASU 2016-02”). This standard requires lessees to recognize a right-of-use asset and a lease liability for operating leases initially measured at the present value of the lease payments in its condensed consolidated balance sheets. The standard also requires a lessee to recognize a single lease cost, calculated so that the cost of the lease is allocated over the lease term, on a generally straight-line basis. In July 2018, the FASB issued ASU 2018-10, Leases (Topic 842): Codification Improvements (“ASU 2018-10”) and ASU 2018-11, Leases (Topic 842): Targeted Improvements (“ASU 2018-11”), to provide additional guidance for the adoption of ASU 2016-02. ASU 2018-10 clarifies certain provisions and corrects unintended applications of the guidance. ASU 2018-11 provides an alternative transition method which allows entities the option to present all prior periods under previous lease accounting guidance while recognizing the cumulative effect of applying the new standard as an adjustment to the opening balance of retained earnings in the year of adoption. In June 2020, the FASB issued ASU No. 2020-05, Revenue from Contracts with Customers (Topic 606) and Leases (Topic 842): Deferral of the Effective Date , which requires nonpublic companies to adopt the provisions of ASU 2016-02 for fiscal years beginning after December 15, 2021, and for interim periods in fiscal years beginning after December 15, 2022. The Company adopted this standard as of January 1, 2022 using the modified retrospective approach. Pursuant to the practical expedients, the Company has elected not to reassess: (i) whether expired or existing contracts are or contain leases, (ii) the lease classification for any expired or existing leases, or, (iii) initial direct costs for any existing leases. The Company recognized $100,998 of operating lease right-of-use assets and $127,009 of operating lease liabilities on its condensed consolidated balance sheets as of January 1, 2022 with the difference being primarily adjustments for deferred rent and remaining lease incentive balances. The adoption of this standard did not have a material impact on the Company’s condensed consolidated statements of operations. See "Note 12. Leases" for further information. In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments — Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments (“ASU 2016-13”). This standard requires entities to measure all expected credit losses for financial instruments held at the reporting date based on historical experience, current conditions and reasonable supportable forecasts. It also modifies the impairment model for available-for-sale debt securities and provides a simplified accounting model for purchased financial assets with credit deterioration since their origination. In November 2019, the FASB issued ASU No. 2019-10, Financial Instruments — Credit Losses (Topic 326), Derivatives and Hedging (Topic 815), and Leases (Topic 842) —  Effective Dates , which requires nonpublic companies to adopt the provisions of ASU 2016-13 for fiscal years and interim periods in fiscal years beginning after December 15, 2022. The Company adopted this standard as of January 1, 2022. The adoption of this standard did not have a material impact on the Company’s condensed consolidated financial statements. In January 2017, the FASB issued ASU No. 2017-04, Intangibles — Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment ("ASU 2017-04"), which eliminates Step 2 from the prior guidance’s goodwill impairment test. Step 2 measures a goodwill impairment loss by comparing the implied fair value of a reporting unit’s goodwill with the carrying amount of that goodwill. Instead, entities will record an impairment charge based on the excess of a reporting unit’s carrying amount over its fair value. ASU No. 2017-04 is effective for fiscal years and interim periods in those years beginning after December 15, 2021 for nonpublic entities with early adoption permitted. The Company adopted this standard as of January 1, 2022. The adoption of this standard did not have a material impact on the Company’s condensed consolidated financial statements. In December 2019, the FASB issued ASU 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes . This standard simplifies the accounting for income taxes by removing certain exceptions to the general principles in ASC Topic 740, Income Taxes ("ASC 740"). The amendments also improve consistent application of and simplify GAAP for other areas of ASC 740 by clarifying and amending existing guidance. This standard is effective for nonpublic entities for annual reporting periods beginning after December 15, 2021 and interim periods in annual reporting periods beginning after December 15, 2022 with early adoption permitted. The Company adopted this standard as of January 1, 2022. The adoption of this standard did not have a material impact on the Company’s condensed consolidated financial statements. Accounting Pronouncements Pending Adoption In October 2021, the FASB issued ASU 2021-08, Business Combinations (Topic 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers ("ASC 2021-08"). This standard requires that an entity recognize and measure contract assets and contract liabilities acquired in a business combination in accordance with ASC Topic 606, Revenue from Contracts with Customers, as if the acquirer had originated the contracts. ASU 2021-08 is effective for fiscal years and interim periods in those years beginning after December 15, 2023 for nonpublic entities with early adoption permitted. The Company is currently evaluating the timing of its adoption of this standard and the impact in its condensed consolidated financial statements.

Revenue

Revenue	9 Months Ended
	Sep. 30, 2022
Revenue from Contract with Customer [Abstract]
Revenue	Revenue The Company primarily derives revenue from annual and monthly subscriptions. Revenue is also derived from non-subscription services, including fixed percentages or fixed-fees earned on revenue share arrangements with third-parties and on sales made through our customers’ sites. The Company has disaggregated revenue from contracts with customers by product type, subscription type, revenue recognition pattern, and geography as these categories depict the nature, amount, timing and uncertainty of revenue and how cash flows are affected by economic factors. The Company disaggregates revenue by product type as follows: Presence Presence revenue primarily consists of fixed-fee subscriptions to the Company’s plans that offer core platform functionalities, currently branded “Personal” and “Business” plans. Presence revenue also consists of fixed-fee subscriptions related to additional entry points for starting online such as domain managed services and social media stories. Additionally, presence revenue is derived from third-party solutions related to email services and access to third-party content to enhance online presence. For customers in need of a larger scale solution, the Company has an enterprise offering, and revenue is recognized over the life of the contract. Commerce Commerce revenue primarily consists of fixed-fee subscriptions to the Company’s plans that offer all the features of presence plans as well as additional features that support end to end commerce transactions, currently branded “Basic” and “Advanced” plans. Commerce revenue also includes fixed-fee subscriptions to a number of other tools that support running an online business such as marketing, member areas, scheduling and hospitality tools. Non-subscription revenue is derived from fixed-fees earned on revenue share arrangements with commerce partners as well as fixed transaction fees earned on gross merchandise value ("GMV") processed through Business plan sites and certain hospitality offerings. Commerce revenue also includes payment processing fees received in exchange for use of the Company’s hospitality services. Revenue by Product Type, Subscription Type and Revenue Recognition Pattern The following tables summarize revenue by product type, subscription type, and revenue recognition pattern for the periods presented: Three Months Ended September 30, 2022 Nine Months Ended September 30, 2022 Presence Commerce Total Presence Commerce Total Subscription revenue Transferred over time $ 146,055 $ 50,258 $ 196,313 $ 428,434 $ 146,180 $ 574,614 Transferred at a point in time 3,398 — 3,398 10,447 — 10,447 Non-subscription revenue Transferred over time 459 890 1,349 1,299 2,641 3,940 Transferred at a point in time 83 16,553 16,636 291 48,868 49,159 Total revenue $ 149,995 $ 67,701 $ 217,696 $ 440,471 $ 197,689 $ 638,160 Three Months Ended September 30, 2021 Nine Months Ended September 30, 2021 Presence Commerce Total Presence Commerce Total Subscription revenue Transferred over time $ 137,450 $ 44,642 $ 182,092 $ 400,268 $ 124,198 $ 524,466 Transferred at a point in time 3,078 — 3,078 8,778 — 8,778 Non-subscription revenue Transferred over time 476 110 586 1,597 254 1,851 Transferred at a point in time 148 15,058 15,206 657 40,866 41,523 Total revenue $ 141,152 $ 59,810 $ 200,962 $ 411,300 $ 165,318 $ 576,618 Revenue by Geography Revenue by geography is based on the customer’s self-reported country identifier or, if not available, the billing address or IP address, and was as follows: Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 United States $ 157,409 $ 130,133 $ 456,583 $ 398,693 International 60,287 70,829 181,577 177,925 Total revenue $ 217,696 $ 200,962 $ 638,160 $ 576,618 During the three months ended September 30, 2021, the Company identified certain revenues which should have been classified as international revenues during the first and second quarters of 2021. Accordingly, in the third quarter of 2021, the Company reclassified approximately $4,101 and $5,132 related to the first and second quarters, respectively, out of United States and into international revenue. Using the updated classification, the international revenue for the three months ended September 30, 2021 would have been $61,596. Further, the United States revenue for the three months ended September 30, 2021 would have been $139,366. There was no impact on international or United States revenue for the nine months ended September 30, 2021 and no amounts were reclassified related to 2022. Currently no individual country contributes greater than 10% of total international revenue. Deferred Revenue The deferred revenue balance as of September 30, 2022 and December 31, 2021 represents the Company’s aggregate remaining performance obligations that are expected to be recognized as revenue in subsequent periods. Generally, the Company’s contracts are for one year or less and the value for contracts with terms greater than one year is not material. The change in deferred revenue primarily reflects cash payments received during the period for which the performance obligation was not satisfied prior to the end of the period partially offset by $42,213 and $220,342 of revenues recognized during the three and nine months ended September 30, 2022, respectively, and $37,837 and $196,992 during the three and nine months ended September 30, 2021, respectively. Capitalized Contract Costs Assets capitalized related to contract costs consisted of the following: September 30, 2022 December 31, 2021 Capitalized referral fees, current $ 5,926 $ 4,813 Capitalized referral fees, non-current 8,054 7,713 Capitalized app fees, current 957 1,202 Sales commissions, current 433 221 Sales commissions, non-current 159 131 Total capitalized contract costs $ 15,529 $ 14,080 Amortization of capitalized contract costs was $2,624 and $7,860 for the three and nine months ended September 30, 2022, respectively, and $2,200 and $6,152 for the three and nine months ended September 30, 2021, respectively, and was included in marketing and sales in the condensed consolidated statements of operations. There were no impairment charges recognized related to capitalized contract costs for the three and nine months ended September 30, 2022 and 2021. Obligations for Returns, Refunds and Other Similar Obligations The Company did not have any material change in revenue recognition from a previous period due to refunds, change in transaction price or other consideration variables. As of September 30, 2022 and December 31, 2021, obligations for refunds were $355 and $506, respectively, and were included in accrued liabilities in the condensed consolidated balance sheets.

Acquisitions

Acquisitions	9 Months Ended
	Sep. 30, 2022
Business Combination and Asset Acquisition [Abstract]
Acquisitions	Acquisitions The Company did not acquire any businesses during the three and nine months ended September 30, 2022. Tock, Inc. On March 31, 2021 (the "Tock Acquisition Date"), the Company acquired all of the equity interests in Tock, a reservation platform for prepaid reservations, access to restaurant management data, and other customization features. The purpose of the acquisition was to expand the Company’s complementary suite of services available with a platform for reservations, take-out, delivery and events for the hospitality industry. The total consideration for the transaction was $425,710, consisting of $226,821 of cash, $188,179 of the Company’s Class C common stock, and $10,710 of net working capital adjustments. The Company recognized this transaction as a business combination. The Company finalized the purchase accounting, including the identification and allocation of consideration to assets acquired, and the purchase price allocation as of March 31, 2022. Goodwill associated with the acquisition of Tock is not amortizable for tax purposes. The following table sets forth the allocation of the purchase price to the fair value of the identifiable tangible and intangible assets acquired and liabilities assumed, with the excess recorded to goodwill: Tock Net tangible assets acquired $ 13,004 Deferred income tax liability (724) Customer relationships – restaurants 37,000 Customer relationships – enterprise 16,000 Tradename 5,000 Developed technology 3,000 Net assets acquired 73,280 Consideration 425,710 Goodwill $ 352,430 Amount Consideration transferred $ 425,710 Less: Issuances of Class C common stock (188,179) Less: Cash acquired (18,350) Less: Restricted cash (17,011) Cash paid for acquisitions, net of acquired cash $ 202,170

Investment in Marketable Securi

Investment in Marketable Securities	9 Months Ended
	Sep. 30, 2022
Investments, Debt and Equity Securities [Abstract]
Investment in Marketable Securities	Investment in Marketable Securities The following tables represent the amortized cost, gross unrealized gains and losses and fair market value of the Company’s available-for-sale (“AFS”) marketable securities: September 30, 2022 Amortized Gross Unrealized Gains Gross Unrealized Losses Aggregate Fair Value Corporate bonds and commercial paper $ 15,187 $ — $ (122) $ 15,065 Asset backed securities 3,008 — (24) 2,984 U.S. treasuries 9,881 — (182) 9,699 Total investment in marketable securities $ 28,076 $ — $ (328) $ 27,748 December 31, 2021 Amortized Gross Unrealized Gains Gross Unrealized Losses Aggregate Fair Value Corporate bonds and commercial paper $ 19,301 $ — $ (14) $ 19,287 Asset backed securities 6,190 2 — 6,192 U.S. treasuries 6,003 — (26) 5,977 Total investment in marketable securities $ 31,494 $ 2 $ (40) $ 31,456 The Company's gross unrealized losses and fair values for those investments that were in an unrealized loss position as of September 30, 2022 and December 31, 2021, aggregated by investment category and the length of time that individual securities have been in a continuous loss position are as follows: September 30, 2022 Less than 12 months 12 months or Greater Total Aggregate Fair Value Gross Unrealized Losses Aggregate Fair Value Gross Unrealized Losses Aggregate Fair Value Gross Unrealized Losses Corporate bonds and commercial paper $ 13,076 $ (95) $ 1,989 $ (27) $ 15,065 $ (122) Asset backed securities $ 2,984 $ (24) $ — $ — $ 2,984 $ (24) U.S. treasuries $ 5,803 $ (76) $ 3,896 $ (106) $ 9,699 $ (182) Total investment in marketable securities $ 21,863 $ (195) $ 5,885 $ (133) $ 27,748 $ (328) December 31, 2021 Less than 12 months 12 months or Greater Total Aggregate Fair Value Gross Unrealized Losses Aggregate Fair Value Gross Unrealized Losses Aggregate Fair Value Gross Unrealized Losses Corporate bonds and commercial paper $ 19,287 $ (14) $ — $ — $ 19,287 $ (14) Asset backed securities $ 6,192 $ — $ — $ — $ 6,192 $ — U.S. treasuries $ 5,977 $ (26) $ — $ — $ 5,977 $ (26) Total investment in marketable securities $ 31,456 $ (40) $ — $ — $ 31,456 $ (40) The Company recognized unrealized losses of $35 and $290 with respect to its AFS securities during the three and nine months ended September 30, 2022, respectively, and $35 and $126 during the three and nine months ended September 30, 2021, respectively. The unrealized losses were due to changes in market rates and the Company has determined the losses are temporary in nature. These unrealized losses were classified in accumulated other comprehensive loss in the condensed consolidated balance sheets as of September 30, 2022 and December 31, 2021. The Company reviews AFS marketable securities on a recurring basis to evaluate whether or not any securities have experienced an other-than-temporary decline in fair value. Some factors considered in establishing an expected credit loss on AFS marketable securities are the length of time and extent to which the market value has been less than the cost, the financial condition and near-term prospects of the issuer, the Company's intent to sell, and whether it is more likely than not the Company will be required to sell the investment before recovery of the investments amortized cost basis. The Company does not have any AFS securities for which an expected credit loss has been recorded as the Company's AFS securities with an amortized cost basis lower than fair value are not considered other-than-temporary declines in fair value. In the instance that the Company has AFS securities at an amortized cost basis lower than fair value, the Company does not intend to sell, nor is it more-likely-than not the Company would be required to sell, the AFS security prior to recovery. The contractual maturities of the investments classified as marketable securities were as follows: September 30, 2022 December 31, 2021 Due within 1 year $ 25,774 $ 19,248 Due in 1 year through 5 years 1,974 12,208 Total investment in marketable securities $ 27,748 $ 31,456

Fair Value of Financial Instrum

Fair Value of Financial Instruments	9 Months Ended
	Sep. 30, 2022
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	Fair Value of Financial Instruments A summary of the Company’s investments in marketable securities (including, if applicable, those marketable securities classified as cash and cash equivalents) were as follows: September 30, 2022 Level 1 Level 2 Level 3 Total Cash equivalents Money market funds $ 85,634 $ — $ — $ 85,634 Available-for-sale debt securities Corporate bonds and commercial paper — 15,065 — 15,065 Asset backed securities — 2,984 — 2,984 U.S. treasuries 9,699 — — 9,699 Total $ 95,333 $ 18,049 $ — $ 113,382 December 31, 2021 Level 1 Level 2 Level 3 Total Cash equivalents Money market funds $ 81,501 $ — $ — $ 81,501 Available-for-sale debt securities Corporate bonds and commercial paper — 19,287 — 19,287 Asset backed securities — 6,192 — 6,192 U.S. treasuries 5,977 — — 5,977 Total $ 87,478 $ 25,479 $ — $ 112,957 The Company’s valuation techniques used to measure the fair value of money market funds and certain AFS marketable securities were derived from quoted prices in active markets for identical assets. The valuation techniques used to measure the fair value of the Company’s other debt securities, all of which have counterparties with high credit ratings, were valued based on quoted market prices or model driven valuations using significant inputs derived from or corroborated by observable market data. There were no transfers of financial instruments between Level 1, Level 2, and Level 3 during the periods presented. For certain other financial instruments, including accounts receivable, accounts payable and accrued liabilities, the carrying amounts approximate the fair value of such instruments due to the relatively short maturity of these balances. The recorded amounts of the Company’s debt obligations approximate their fair values as they are based upon rates available to the Company for obligations of similar terms and maturities.

Prepaid Expenses and Other Curr

Prepaid Expenses and Other Current Assets	9 Months Ended
	Sep. 30, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Prepaid Expenses and Other Current Assets	Prepaid Expenses and Other Current Assets Prepaid expenses and other current assets consisted of the following: September 30, 2022 December 31, 2021 Prepaid advertising expenses $ 1,013 $ 16,236 Prepaid income taxes 24,026 22,032 Prepaid operational expenses 14,364 12,301 Receivables for leasehold improvements — 5,186 Prepaid referrals, current 5,926 4,813 Other current assets 1,437 6,531 Total prepaid expenses and other current assets $ 46,766 $ 67,099

Accrued Liabilities

Accrued Liabilities	9 Months Ended
	Sep. 30, 2022
Payables and Accruals [Abstract]
Accrued Liabilities	Accrued Liabilities Accrued liabilities consisted of the following: September 30, 2022 December 31, 2021 Accrued marketing expenses $ 24,713 $ 23,042 Accrued indirect taxes 25,059 19,565 Accrued leasehold improvement expenditures — 1,228 Accrued product expenses 4,514 1,359 Accrued payroll expense 4,059 2,900 Other accrued expenses 10,452 12,767 Total accrued liabilities $ 68,797 $ 60,861

Debt

Debt	9 Months Ended
	Sep. 30, 2022
Debt Disclosure [Abstract]
Debt	Debt Debt outstanding as of September 30, 2022 and December 31, 2021 was as follows: September 30, 2022 December 31, 2021 Term Loan $ 519,662 $ 529,852 Less: unamortized original issue discount (2,096) (2,635) Less: unamortized deferred financing costs (464) (584) Less: debt, current (32,627) (13,586) Total debt, non-current $ 484,475 $ 513,047 Credit Facility On December 12, 2019 (the “Closing Date”), the Company entered into a credit agreement (the “2019 Credit Agreement”) with certain lending institutions (the “2019 Credit Facility”) which included Initial Term A Loans for $350,000 (“2019 Term Loan”) and Revolving Credit Loans of up to $25,000 (“2019 Revolving Credit Facility”), which included a Letters of Credit sub-facility available up to a total of $15,000 (“2019 Letter of Credit”). On December 11, 2020 (the “Modification Date”), the Company amended the 2019 Credit Agreement (“2020 Credit Agreement”) to increase the total size of the 2019 Term Loan to $550,000 (collectively, the “2020 Term Loan”) with the same lending institutions as the 2019 Credit Facility (collectively, the “Credit Facility”) and extend the maturity date for the 2020 Term Loan and the 2019 Revolving Credit Facility (as extended, the "Revolving Credit Facility") to December 11, 2025 (collectively, the “Modification”). Borrowings under the Credit Facility are subject to an interest rate equal to LIBOR plus the applicable margin based on our Consolidated Total Debt to Consolidated EBITDA ratio. The applicable margin was 1.50% as of September 30, 2022. The effective interest rate as of September 30, 2022 was 4.63%. As of September 30, 2022, $7,255 was outstanding under the Revolving Credit Facility in the form of outstanding letters of credit and $17,745 remained available for borrowing by the Company. The letters of credit issued as of September 30, 2022 were related to certain of the Company's operating lease agreements for offices that require security deposits in the form of an irrevocable letter of credit. During the three months ended September 30, 2022, the letter of credit for the Company's security deposit related to its New York, NY headquarters was reduced by $2,388 due to a scheduled step-down per the lease agreement. The letters of credit issued are subject to a fee equal to the interest rate on the Credit Facility. In addition, the Revolving Credit Facility is subject to an unused commitment fee of 0.20% to 0.25%, depending on the consolidated total debt to consolidated EBITDA ratio as defined by the 2020 Credit Agreement, quarterly to the lenders in respect of the unutilized commitments. The 2020 Credit Agreement contains certain customary affirmative covenants and events of default. The negative covenants in the Credit Facility include, among other items, limitations on the ability, subject to negotiated exceptions, to incur additional indebtedness or issue additional preferred stock of the Company, to create or issue certain liens on certain assets, to enter into agreements related to mergers and acquisitions, including the sale of certain assets or disposition of assets, or declare, make or pay dividends and distributions. The 2020 Credit Agreement contains certain negative covenants for an indebtedness to consolidated EBITDA ratio, as defined by the 2020 Credit Agreement, and commencing with December 31, 2020 and all fiscal quarters thereafter through maturity. As a result of the Modification, commencing with the fiscal quarter ended December 31, 2020, the Company is required to maintain an indebtedness to consolidated EBITDA ratio of not more than 4.50, tested as of the last day of each fiscal quarter, with a step-down to 4.25 for the fiscal quarters ending March 31, 2022 and June 30, 2022, a further step-down to 4.00 for the fiscal quarters ending September 30, 2022 and December 31, 2022 and a final step-down to 3.75 for the fiscal quarter ending March 31, 2023 and each fiscal quarter thereafter (the “Financial Covenant”), subject to customary equity cure rights. The Financial Covenant is subject to a 0.50 step-up in the event of a material permitted acquisition, which the Company can elect to implement up to two times during the life of the facility. The Company did not elect to implement this step-up as a result of the acquisition of Tock. If the Company is not in compliance with the covenants under the 2020 Credit Agreement or the Company otherwise experiences an event of default, the lenders would be entitled to take various actions, including acceleration of amounts due under the 2020 Credit Agreement. As of September 30, 2022, the Company was in compliance with all applicable covenants, including the Financial Covenant. Consolidated EBITDA is defined in the Credit Agreement as net income/(loss) adjusted to exclude interest expense, other income, net, (provision for)/benefit from income taxes, depreciation and amortization, and stock-based compensation expense. In addition, consolidated EBITDA also allows for other adjustments such as the exclusion of transaction costs, changes in deferred revenue, and other costs that may be considered non-recurring. Scheduled Principal Payments The scheduled principal payments required under the terms of the 2020 Credit Facility are as follows: Year Ending December 31, Amount Remainder of 2022 $ 3,396 2023 40,758 2024 40,758 2025 434,750 Total $ 519,662

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2022
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes For interim periods, the Company has historically utilized the estimated annual effective tax rate method under which the Company determined its provision for income taxes based on the current estimate of its annual effective tax rate. For the three and nine months ended September 30, 2022, the Company utilized the discrete effective tax rate method, as allowed under ASC Topic 740, Income Taxes - Interim Reporting, when the application of the estimated annual tax rate method is impractical and does not provide a reliable estimate of the annual effective tax rate. The discrete method treats the year-to-date period as if it were the annual period and determines the interim income taxes on that basis. The Company determined that since small changes in estimated annual pre-tax income/(loss) would result in significant changes in the estimated annual effective tax rate and significant variations in the customary relationship between the (provision for)/benefit from income taxes and pre-tax accounting income/(loss), the historical method would not provide a reliable estimate of the effective tax rate for the three and nine months ended September 30, 2022. The Company will reevaluate the use of this method until the Company believes a return to the estimated annual effective tax rate method is deemed appropriate. For the three months ended September 30, 2022 and 2021, the Company recorded an income tax expense of $3,277 and an income tax expense of $3,756 respectively, which resulted in an effective tax rate of (24.5)% and (57.0)%, respectively. For the nine months ended September 30, 2022 and 2021, the Company recorded an income tax expense of $7,446 and an income tax benefit of $12,439 respectively, which resulted in an effective tax rate of 68.9% and (5.1)%, respectively. The Company’s effective income tax rate for the three and nine months ended September 30, 2022 differed from the statutory rate of 21% primarily due to the change in the valuation allowance for deferred tax assets related primarily to the capitalization of research and development expenditures, nondeductible executive compensation, global intangible low-taxes income, unrecognized tax benefits, and nondeductible expenses, partially offset by research and development tax credits, windfall on stock-based compensation, and deduction from foreign-derived intangible income. The provision for income taxes for the three and nine months ended September 30, 2022 also reflects a provision of the Tax Cuts and Jobs Act of 2017 becoming effective as of January 1, 2022 that requires companies to capitalize and amortize research and development expenditures rather than deduct the costs as incurred. Unless the law is changed or repealed, the Company expects its effective tax rate and cash tax payments to change significantly as compared to fiscal 2021. The Company’s estimated annual effective income tax rate for the three and nine months ended September 30, 2021 differed from the statutory rate of 21% primarily due to nondeductible executive compensation, nondeductible transaction expenses, minimum taxes, partially offset by windfall on stock-based compensation and research and development tax credits. As of September 30, 2022, the Company had unrecognized tax benefits of $10,256, all of which would not affect the effective tax rate due to the Company's full valuation allowance against all federal, state and foreign deferred tax assets that the Company believes will not be realizable on a more-likely-than-not basis. As of September 30, 2021, the Company had unrecognized tax benefits of $6,948, of which $1,095 would affect the effective tax rate if recognized and the remainder of $5,853 would not affect the effective tax rate due to the valuation allowance. The increase was primarily due to tax positions taken during the current and prior periods. The Company is unable to reasonably estimate the timing of long-term payments or the amount by which the liability will increase or decrease. The Company’s policy is to classify accrued interest and penalties related to unrecognized tax benefits in the (provision for)/benefit from income taxes in the condensed consolidated statement of operations. There were no accrued interest and penalties as of September 30, 2022 and September 30, 2021. The Company’s corporate federal income tax returns for the years ended December 31, 2012 through December 31, 2021 remain subject to examination by the Internal Revenue Service. The Company’s corporate income tax returns for the years ended December 31, 2017 through December 31, 2021 remain subject to examination by taxing authorities in various U.S. states and Ireland. In addition, in the U.S., any net operating losses or credits that were generated in prior years but utilized in open years may also be subject to examination. On August 16, 2022, President Biden signed the Inflation Reduction Act of 2022 (the "Inflation Reduction Act") into law. The Inflation Reduction Act contains certain tax measures, including a corporate alternative minimum tax of 15% on some large corporations and an excise tax of 1% on corporate stock repurchases. The Company is currently evaluating the various provisions of the Inflation Reduction Act and does not anticipate a material impact on the Company's condensed consolidated financial statements.

Commitment and Contingencies

Commitment and Contingencies	9 Months Ended
	Sep. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Indirect Taxes The Company is subject to indirect taxation in some, but not all, of the various U.S. states and foreign jurisdictions in which it conducts business. Therefore, the Company has an obligation to charge, collect and remit Value Added Tax (“VAT”) or Goods and Services Tax (“GST”) in connection with certain of its foreign sales transactions and sales and use tax in connection with eligible sales to subscribers in certain U.S. states. On June 21, 2018, the U.S. Supreme Court overturned the physical presence nexus standard and held that states can require remote sellers to collect sales and use tax. In addition, U.S. states and foreign jurisdictions have and continue to enact laws which expand tax collection and remittance obligations that could apply to a platform like the Company's. As a result of these rulings, recently enacted laws, and the scope of the Company’s operations, taxing authorities continue to provide regulations that increase the complexity and risks to comply with such laws and could result in substantial liabilities, prospectively as well as retrospectively. Based on the information available, the Company continues to evaluate and assess the jurisdictions in which indirect tax nexus exists and believes that the indirect tax liabilities are adequate and reasonable. However, due to the complexity and uncertainty around the application of these rules by taxing authorities, results may vary materially from the Company’s expectations. The Company had an indirect tax liability of $25,059 and $19,565 as of September 30, 2022 and December 31, 2021, respectively, which is included in accrued liabilities in the condensed consolidated balance sheets. Certain Risks and Concentrations The Company’s revenues were principally generated from SaaS customers establishing their online presence. The market is highly competitive and rapidly changing. Significant changes in this industry, technological advances or changes in customer buying behavior could adversely affect the Company’s future operating results. Other The Company is subject to litigation and other claims that arise in the ordinary course of business. While the ultimate result of outstanding legal matters cannot presently be determined, the Company does not expect that the ultimate disposition will have a material adverse effect on its results of operations or financial condition. However, legal matters are inherently unpredictable and subject to significant uncertainties, some of which are beyond the Company’s control. Based on the Company’s current knowledge, the final outcome of any particular legal matter will not have a material adverse effect on the Company’s financial condition.

Leases

Leases	9 Months Ended
	Sep. 30, 2022
Leases [Abstract]
Leases	Leases The Company has operating leases for its office space with lease terms through 2034. Certain lease agreements include options to extend and/or terminate the lease. The Company's lease agreements do not contain terms and conditions of material restrictions, covenants, or residual value guarantees. Variable lease costs are comprised primarily of the Company's proportionate share of operating expenses and property taxes. On March 10, 2022, the Company entered into an agreement to sublease a portion of one of its office spaces in Chicago, IL through the existing termination date of May 30, 2023. The Company expects to receive total lease payments of approximately $409 over the term of the sublease. During the three and nine months ended September 30, 2022, the Company recorded sublease income of $75 and $200, respectively, related to the Chicago, IL office space sublease. On March 31, 2022, the Company reassessed the useful life of its operating lease right-of-use asset related to its leased office space in Los Angeles, CA due to ceasing the use of the office space with no expected future benefit. As a result, the Company recorded an additional $258 of operating lease expense during the nine months ended September 30, 2022. On September 15, 2022, the Company entered into a lease for office space in Aveiro, Portugal. As a result, the Company recorded an operating lease liability and operating lease right-of-use asset of $252 and $255, respectively, in the condensed consolidated balance sheet with the difference being due to prepaid rent as of lease commencement. During the three months ended September 30, 2022, the Company remeasured the lease liability and adjusted the right-of-use asset related to its leased office space in Portland, OR due to a reassessment of the lease term. As a result, the associated operating lease liability and operating lease right-of-use asset were reduced by $3,213 in the condensed consolidated balance sheet as of September 30, 2022. Subsequent to the remeasurement, the Company determined the carrying value of the right-of-use asset was not recoverable based on undiscounted future cash flows. The Company used the income approach to determine the fair value of the right-of-use asset, including Level 3 inputs of the fair market value hierarchy, based on projected sublease income over the remaining lease term discounted at a rate that reflects the risks associated with the future cash flows. As a result, the Company recorded an impairment loss of $1,694 in general and administrative expenses in the condensed consolidated statements of operations during the three and nine months ended September 30, 2022. The components of operating lease expense, net recognized in the condensed consolidated statements of operations were as follows: Three Months Ended September 30, 2022 Nine Months Ended September 30, 2022 Operating lease costs Operating lease costs $ 5,231 $ 12,655 Variable lease costs 533 1,402 Short-term lease costs 42 90 Operating lease income Sublease income 161 $ 471 Total operating lease expense, net $ 5,645 $ 13,676 Supplemental disclosure of cash and non-cash operating activities related to operating leases were as follows: Nine Months Ended September 30, 2022 Cash paid for amounts included in the measurement of operating lease liabilities, net of cash received for lease incentives $ 10,328 Operating lease right-of-use assets obtained in exchange for operating lease liabilities $ 255 As of September 30, 2022, the weighted-average lease term and discount rate related to operating leases were as follows: September 30, 2022 Weighted-average remaining lease term (in years) 8.50 Weighted-average discount rate use in measuring operating lease liabilities 3.75 % As of September 30, 2022, maturities of operating lease liabilities were as follows: Year Ending December 31, Amount Remainder of 2022 $ 3,811 2023 15,767 2024 16,380 2025 16,767 2026 17,490 Thereafter 75,186 Total operating lease payments 145,401 Less: imputed interest (21,636) Total operating lease liabilities $ 123,765

Redeemable Convertible Preferre

Redeemable Convertible Preferred Stock	9 Months Ended
	Sep. 30, 2022
Temporary Equity Disclosure [Abstract]
Redeemable Convertible Preferred Stock	Redeemable Convertible Preferred Stock The Company previously issued Series A-1, Series A-2, and Series B redeemable convertible preferred stock prior to the Direct Listing. Immediately prior to the completion of the registration statement in connection with the Direct Listing being declared effective, all outstanding shares of the Company’s redeemable convertible preferred stock converted into an aggregate of 54,862,435 shares of Class A common stock and 49,583,897 shares of Class B common stock. The authorized, issued and outstanding shares of the redeemable convertible preferred stock immediately prior to the conversion into common stock were as follows: Authorized and Originally Issued Shares Outstanding Shares Net Carrying Value A-1 Preferred Stock 57,999,960 54,431,446 $ 5 A-2 Preferred Stock 47,483,380 39,134,868 63,462 B Preferred Stock 12,634,398 10,880,018 68,892 Total 118,117,738 104,446,332 $ 132,359 The Company’s Series A-1 redeemable convertible preferred stock did not have any liquidation preference. The liquidation preferences for Series A-2 and Series B redeemable convertible preferred stock immediately prior to the conversion into common stock were as follows: Liquidation Preferences Issuance Price/Liquidation Preference Per Share Series A-2 $ 31,699 $ 0.81 Series B 34,490 $ 3.17 Total $ 66,189 The redemption value of the redeemable convertible preferred stock immediately prior to the conversion into common stock was as follows: Redemption Value Series A-2 $ 63,462 Series B 68,891 Total redemption value $ 132,353 On May 10, 2021, the Company amended and restated its certificate of incorporation which authorized the board of directors to be able to issue preferred stock in one or more series without stockholder approval, unless required by law or the NYSE. The Company authorized 100,000,000 shares of preferred stock, par value $0.0001 per share. The board of directors has the discretion to determine the rights, preferences, privileges and restrictions, including voting rights, dividend rights, conversion rights, redemption privileges and liquidation preferences, of each series of preferred stock. The purpose of authorizing the Company's board of directors to issue preferred stock and determine its rights and preferences is to eliminate delays associated with a stockholder vote on specific issuances including possible acquisitions, future financing and other corporate purposes.

Stockholders_ Deficit

Stockholders’ Deficit	9 Months Ended
	Sep. 30, 2022
Equity [Abstract]
Stockholders’ Deficit	Stockholders’ Deficit Class A Common Stock On May 19, 2021, the Company completed the Direct Listing of its Class A common stock. In addition, the Company increased the number of authorized shares of Class A common stock, par value $0.0001 per share, to 1,000,000,000. Each holder of shares of Class A common stock shall be entitled to one vote for each share held. On May 10, 2022, the board of directors authorized a general share repurchase program of the Company’s Class A common stock of up to $200,000, with no fixed expiration (the "Stock Repurchase Plan"). These Class A common stock repurchases may occur in the open market, through privately negotiated transactions, through block purchases, other purchase techniques including the establishment of one or more plans under Rule 10b5-1 of the Securities Exchange Act of 1934 or by any combination of such methods. The timing and actual amount of shares repurchased will depend on a variety of different factors and may be modified, suspended or terminated at any time at the discretion of the board of directors. During the three and nine months ended September 30, 2022, the Company repurchased 2,431,995 and 3,994,455 shares and paid cash of $50,378 and $85,580, including commissions of $49 and $80, under the Stock Repurchase Plan through open market purchases, respectively. The weighted-average price per share for the share repurchases was $21.84 and $21.40 during the three and nine months ended September 30, 2022, respectively. As of September 30, 2022, approximately $114,420 remained available for stock repurchase pursuant to the Stock Repurchase Plan. Class B Common Stock Each holder of shares of Class B common stock shall be entitled to ten votes for each share held. Each outstanding share of the Company's Class B common stock is convertible into one share of Class A common stock at any time. During the year ended December 31, 2021, an aggregate of 17,382,845 shares of the Company's outstanding Class B common stock converted into an aggregate of 17,382,845 shares of Class A common stock. In addition, the Company increased the number of authorized shares of Class B common stock, par value $0.0001 per share, to 100,000,000. Class C Common Stock On March 15, 2021, the Company amended the certificate of incorporation and created Class C common stock with authorized shares of 7,673,154 and a par value of $0.0001. The Class C common stock has similar rights as the Company’s Class A common stock and Class B common stock, except the Class C common stock does not have any voting rights. Subsequent to the amendment, the Company issued 4,452,023 shares of its Class C common stock for proceeds of $304,609, less $200 of issuance costs. On March 31, 2021, the Company issued 2,750,330 shares of its Class C common stock as a part of the purchase of Tock for a total consideration of $188,179. See "Note 4. Acquisitions" for further information on the purchase price structure. Immediately prior to the registration statement in connection with the Direct Listing being declared effective, all outstanding shares of the Company’s Class C common stock converted into an aggregate of 7,202,353 shares of Class A common stock. On May 10, 2021, the Company created a new Class C common stock pursuant to the Company's amended and restated certificate of incorporation. The Company authorized 1,000,000,000 shares of the new Class C common stock, par value $0.0001 per share. The board of directors has the authority, without stockholder approval except as required by the NYSE, to issue shares of our Class C common stock. The new Class C common stock is not convertible into shares of Class A common stock or shares of Class B common stock and has no voting rights. As of September 30, 2022, the Company has not issued any shares of the new Class C common stock. Dividends The Company shall not declare or pay dividends on Class A common stock, Class B common stock or Class C common stock unless the same dividend or distribution with the same record date and payment dated shall be declared or paid on all shares of Class A, Class B and Class C common stock. On December 7, 2020, the Company declared a one-time dividend of $2.666 per share, for a total of $328,112, for all stockholders of record as of December 14, 2020. Dividends of $327,745 were paid on December 29, 2020 to redeemable convertible preferred stockholders and Class A and Class B common stockholders. During 2021, the Company paid the remaining $367 to redeemable convertible preferred stockholders and Class A and Class B common stockholders for the dividends declared on December 7, 2020. During the three and nine months ended September 30, 2022, the Company did not declare or pay any dividends. During the three and nine months ended September 30, 2021, the Company did not declare any dividends.

Accumulated Other Comprehensive

Accumulated Other Comprehensive (Loss)/Income	9 Months Ended
	Sep. 30, 2022
Equity [Abstract]
Accumulated Other Comprehensive (Loss)/Income	Accumulated Other Comprehensive (Loss)/Income Accumulated other comprehensive (loss)/income activity for the three and nine months ended September 30, 2022 and 2021 was as follows: Foreign Currency Translation Adjustments Net Unrealized Losses on Marketable Securities Total Accumulated Other Comprehensive Loss Balance at December 31, 2021 $ (170) $ (38) $ (208) Other comprehensive loss before reclassifications (801) (178) (979) Other comprehensive loss (801) (178) (979) Balance at March 31, 2022 $ (971) $ (216) $ (1,187) Other comprehensive loss before reclassifications (2,037) (77) (2,114) Other comprehensive loss (2,037) (77) (2,114) Balance at June 30, 2022 $ (3,008) $ (293) $ (3,301) Other comprehensive loss before reclassifications (2,275) (35) (2,310) Other comprehensive loss (2,275) (35) (2,310) Balance at September 30, 2022 $ (5,283) $ (328) $ (5,611) Foreign Currency Translation Adjustments Net Unrealized Gains/(Losses) on Marketable Securities Total Accumulated Other Comprehensive Income/(Loss) Balance at December 31, 2020 $ 2,341 $ 114 $ 2,455 Other comprehensive loss before reclassifications (1,282) (45) (1,327) Other comprehensive loss (1,282) (45) (1,327) Balance at March 31, 2021 $ 1,059 $ 69 $ 1,128 Other comprehensive income/(loss) before reclassifications 788 (46) 742 Other comprehensive income/(loss) 788 (46) 742 Balance at June 30, 2021 $ 1,847 $ 23 $ 1,870 Other comprehensive loss before reclassifications (861) (35) (896) Other comprehensive loss (861) (35) (896) Balance at September 30, 2021 $ 986 $ (12) $ 974 Amounts reclassified out of accumulated other comprehensive (loss)/income, net of taxes, during the three and nine months ended September 30, 2022 and 2021 were not material.

Stock-based Compensation

Stock-based Compensation	9 Months Ended
	Sep. 30, 2022
Share-Based Payment Arrangement [Abstract]
Stock-based Compensation	Stock-based Compensation Stock Options Squarespace, Inc. Amended and Restated 2008 Equity Incentive Plan In January 2008, the Company established and approved the Squarespace, Inc. 2008 Equity Incentive Plan which was ratified in 2010 and was subsequently amended and restated in March 2016 (“the 2008 Plan”). Under the 2008 Plan, which covers certain employees and consultants, the Company granted shares of its Class B common stock in the form of stock options. After November 17, 2017, there were no additional grants from the 2008 Plan. Stock options in common stock exercised were 29,797 and 642,548 during the three and nine months ended September 30, 2022, respectively, and 194,360 and 3,170,597 during the three and nine months ended September 30, 2021, respectively. Cash consideration for stock options exercised were $48 and $2,158 during the three and nine months ended September 30, 2022, respectively, and $630 and $4,196 during the three and nine months ended September 30, 2021, respectively. Restricted Stock Units (RSUs) Squarespace, Inc. 2017 Equity Incentive Plan On November 17, 2017, the Company’s board of directors approved the Squarespace, Inc. 2017 Equity Incentive Plan (“the 2017 Plan”). Under the 2017 Plan, the Company may grant shares of its Class A common stock in the form of RSUs, stock options, stock appreciation rights, performance stock awards and other stock awards. RSUs generally vest over four years and are measured based on the fair market value of the underlying Class A common stock on the date of grant, as determined by the Company’s board of directors. During the three and nine months ended September 30, 2022, there were 211,261 and 1,478,728 shares that vested under the 2017 plan of which 85,992 and 652,241 shares were reacquired in order to satisfy employee tax obligations, respectively. After April 15, 2021, there were no additional grants issued from the 2017 Plan. Squarespace, Inc. 2021 Equity Incentive Plan On March 25, 2021, the Company’s board of directors adopted the Squarespace, Inc. 2021 Equity Incentive Plan (“the 2021 Plan”) which was approved by the stockholders on May 3, 2021 and went into effect on May 9, 2021. Under the 2021 Plan, the Company may grant shares of its Class A common stock in the form of RSUs, stock options, stock appreciation rights, performance stock awards and other stock awards. During the three and nine months ended September 30, 2022, the Company granted 659,452 and 5,851,643 shares of Class A common stock in the form of RSUs under the 2021 Plan, respectively. RSUs generally vest over four years and subsequent to the Direct Listing, are measured based on the closing price of our Class A common stock as reported on the date of grant. During the three and nine months ended September 30, 2022, there were 26,585 and 120,246 shares that vested under the 2021 plan of which 11,354 and 37,430 shares were reacquired in order to satisfy employee tax obligations, respectively. Additional Shareholder RSUs During the nine months ended September 30, 2021, the Company granted 438,468 shares of Class C common stock in the form of RSUs outside of the 2017 and 2021 Plans. Immediately prior to the registration statement in connection with the Direct Listing being declared effective, shares of Class C common stock automatically converted to Class A common stock. During the nine months ended September 30, 2021, there were 146,155 shares that vested outside of the 2017 and 2021 Plans of which 45,286 shares were reacquired in order to satisfy employee tax obligations. Executive Restricted Stock Grant On August 22, 2017, and subsequently modified on August 24, 2020, the Company granted its Chief Executive Officer ("CEO") 4,460,858 shares of Class B common stock (the “CEO Stock Grant”) that contained a provision that required either (1) a Liquidation Event (other than a liquidation, dissolution or winding up of the Company) as defined by the Stock Grant Agreement or (2) an IPO, as defined by the Stock Grant Agreement, before August 22, 2021 or the shares would be forfeited. The Company estimated the fair value of the Class B common stock to be $51.40 per share on the modification date. On May 19, 2021, upon completion of the Direct Listing, 4,460,858 shares of Class B common stock vested in accordance with the CEO Stock Grant Agreement. As a result, the Company recorded stock-based compensation expense of $229,288 in general and administrative expenses in the consolidated statements of operations during the year ended December 31, 2021. Casalena Performance Award On April 15, 2021 (“Grant Date”), the board of directors of the Company approved an RSU grant to Anthony Casalena, CEO, of 2,750,000 Class A common shares (“Casalena Performance Award”). The Casalena Performance Award vesting is contingent on both service- and market-based vesting conditions. The market-based vesting condition is based on the achievement of specified Class A common stock price targets during the period beginning upon the effectiveness of the registration statement and ending on the fifth anniversary of the Grant Date (“Performance Period”). The Casalena Performance Award is divided into ten equal tranches. The market-based vesting condition is eligible to vest based on the achievement of ten different and progressively increasing stock price targets. The targets will be deemed to have been achieved when the average closing price of a share of the Company’s Class A common stock on the trading days over any consecutive thirty calendar day period during the Performance Period equals or exceeds the applicable Class A common stock price target. The service-based vesting condition is deemed met in four equal installments over four years starting on the first anniversary of the Grant Date. Although the service-based vesting condition period is four years, Mr. Casalena must be employed by the Company at the time the market condition is met in order to vest in any tranche of the award. The Company estimated the fair value of the Casalena Performance Award on the grant date to be approximately $83,534 using a Monte Carlo simulation with a weighted-average grant date fair value of $30.38 per Class A common share. The Company will recognize the fair value of the award as stock-based compensation expense using the accelerated attribution method over the longer of (i) the period of time the market condition for each tranche is expected to be met (i.e., the derived service period) or (ii) the service vesting condition of four years. During the three and nine months ended September 30, 2022, the Company recorded compensation expense of $7,816 and $23,193, respectively, related to the Casalena Performance Award in general and administrative expenses in the condensed consolidated statements of operations. Stock-based Compensation The classification of stock-based compensation by line item in the condensed consolidated statements of operations is as follows: Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 Cost of revenue $ 1,000 $ 440 $ 2,470 $ 1,095 Research and product development 9,462 8,782 31,138 23,820 Marketing and sales 2,252 1,716 6,246 4,457 General and administrative 11,380 12,796 35,197 254,727 Total stock-based compensation $ 24,094 $ 23,734 $ 75,051 $ 284,099 The amount above excludes $478 and $737 of stock compensation capitalized as property and equipment, net, for the three and nine months ended September 30, 2022, respectively, and $198 and $240 for the three and nine months ended September 30, 2021, respectively. During the nine months ended September 30, 2022, certain RSUs were modified to allow for accelerated vesting. As a result of these modifications, the Company will record lower stock-based compensation expense of $18,247 through fiscal 2026. During the three and nine months ended September 30, 2022, the Company recorded stock-based compensation expense of $1,923 and $4,098, respectively, related to the modified awards.

Related Party Transactions

Related Party Transactions	9 Months Ended
	Sep. 30, 2022
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions The Company's previous Chief Financial Officer, whose resignation was effective as of July 31, 2022, was appointed as a member of the board of directors of Avalara, Inc. on August 28, 2021. Transactions between Avalara, Inc. and the Company were not material for the period through the previous Chief Financial Officer's departure. Certain members of Tock's senior management have an ownership in several of the Company's restaurant customers. For the three and nine months ended September 30, 2022, these restaurant customers contributed revenue of $330 and $895. As of September 30, 2022, the Company had a liability of $3,373 due to these restaurant customers, which primarily represents diner prepayments and sales tax, and is included in funds due to customers in the condensed consolidated balance sheets. On September 1, 2014, the Company entered into an agreement with Getty Images to resell certain content to the Company’s customers. The Deputy Chairman of Getty Images is a member of the Company’s board of directors. Amounts recorded in connection with this agreement were not material for the three and nine months ended September 30, 2022.

Net Income_(Loss) per Share Att

Net Income/(Loss) per Share Attributable to Class A, Class B and Class C Common Stockholders	9 Months Ended
	Sep. 30, 2022
Earnings Per Share [Abstract]
Net Income/(Loss) per Share Attributable to Class A, Class B and Class C Common Stockholders	Net Income/(Loss) per Share Attributable to Class A, Class B and Class C Common StockholdersThe Company computes net income/(loss) per share of Class A common stock, Class B common stock and Class C common stock under the two-class method required for multiple classes of common stock and participating securities. The rights, including the liquidation and dividend rights, of the Class A common stock, Class B common stock and Class C common stock are substantially identical, other than voting rights. Accordingly, the Class A common stock, Class B common stock and Class C common stock share in the Company’s net income/(loss). Each share of Class C common stock was automatically converted into a share of Class A common stock immediately prior to the registration statement in connection with the Direct Listing being declared effective. The following table sets forth the computation of basic and diluted net income/(loss) per share attributable to Class A, Class B and Class C common stockholders: Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 Numerator: Net income/(loss) $ 10,105 $ 2,839 $ (18,259) $ (232,839) Less: accretion of redeemable convertible preferred stock to redemption value $ — $ — $ — $ (969) Net income/(loss) attributable to Class A, Class B and Class C common stockholders, basic and dilutive $ 10,105 $ 2,839 $ (18,259) $ (233,808) Denominator: Weighted-average shares used in computing net income/(loss) per share attributable to Class A, Class B, and Class C stockholders, basic 137,832,634 138,625,579 139,106,807 80,746,637 Effect of dilutive securities 1,835,085 4,626,138 — — Weighted-average shares used in computing net income/(loss) per share attributable to Class A, Class B, and Class C stockholders, dilutive 139,667,719 143,251,717 139,106,807 80,746,637 Net income/(loss) per share attributable to Class A, Class B, and Class C common stockholders, basic $ 0.07 $ 0.02 $ (0.13) $ (2.90) Net income/(loss) per share attributable to Class A, Class B, and Class C common stockholders, dilutive $ 0.07 $ 0.02 $ (0.13) $ (2.90) The following weighted-average outstanding shares of potentially dilutive securities were excluded from the computation of diluted net income/(loss) per share attributable to Class A, Class B and Class C common stockholders for the periods presented because including them would have been antidilutive: Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 Outstanding stock options — — 1,214,344 2,041,248 Restricted stock units 5,372,992 1,406,837 7,986,596 5,595,932 Total 5,372,992 1,406,837 9,200,940 7,637,180

Subsequent Events

Subsequent Events	9 Months Ended
	Sep. 30, 2022
Subsequent Events [Abstract]
Subsequent Events	Subsequent EventsThe Company has entered into employment agreements with certain members of management which include the intent to issue $16,300 of Class A common stock in the form of RSUs under the 2021 Plan during the fourth quarter of 2022. Upon approval and issuance, these RSUs will vest over a period of four years and will be measured based on the closing price of our Class A common stock as reported on the date of grant.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2022
Accounting Policies [Abstract]
Basis of Presentation and Consolidation	Basis of Presentation and Consolidation The Company’s condensed consolidated financial statements and related notes have been prepared in accordance with generally accepted accounting principles in the United States (“U.S. GAAP”) and include the Company’s wholly-owned subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation. Certain information and note disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted pursuant to the applicable rules and regulations of the Securities and Exchange Commission. The condensed balance sheet data as of December 31, 2021 was derived from the Company's audited financial statements but does not include all disclosures required by U.S. GAAP. Therefore, these unaudited, condensed, consolidated financial statements and accompanying notes should be read in conjunction with the Company's annual consolidated financial statements and related notes included in the Company's Annual Report on Form 10-K filed with the SEC on March 7, 2022. In the opinion of management, the condensed consolidated financial statements reflect all adjustments, consisting only of normal recurring adjustments, which are necessary for the fair statement of the Company’s financial information.
Use of Estimates	Use of Estimates The preparation of the condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates, judgments and assumptions that affect the amounts reported in the condensed consolidated financial statements and accompanying notes. Management’s estimates are based on historical experience and on various other market-specific and relevant assumptions that management believes to be reasonable under the circumstances. Actual results could differ from those estimates. Significant estimates include but are not limited to (i) the recognition and measurement of loss contingencies, and indirect tax liabilities; (ii) the inputs used in the valuation of acquired intangible assets; (iii) the grant date fair value of stock-based awards; and (iv) the recognition, measurement and valuation of current and deferred income taxes. The Company evaluates its assumptions and estimates on an ongoing basis and adjusts prospectively, if necessary.
Concentration of Risks Related to Credit, Interest Rates and Foreign Currencies	Concentration of Risks Related to Credit, Interest Rates and Foreign Currencies The Company is subject to credit risk, interest rate risk on any indebtedness the Company would potentially incur, market risk on investments and foreign currency risk in connection with the Company’s operations internationally. The Company maintains the components of its cash and cash equivalents balance in various accounts, which from time to time exceed the federal depository insurance coverage limit. In addition, substantially all cash and cash equivalents, as well as marketable securities, are held by three financial institutions. The Company has not experienced any concentration losses related to its cash, cash equivalents and marketable securities to date. As of September 30, 2022 and December 31, 2021, no single customer accounted for more than 10% of the Company’s accounts receivable. Additionally, no single customer accounted for more than 10% of the Company’s revenue during the three and nine months ended September 30, 2022 and 2021. The Company is also subject to foreign currency risks that arise from normal business operations. Foreign currency risks include the translation of local currency and intercompany balances established in local customer currencies sold through the Company's international subsidiaries.
Cash and Cash Equivalents	Cash and Cash Equivalents
Restricted Cash and Payment Processing Transactions	Restricted Cash and Payment Processing Transactions As a result of the acquisition of Tock, the Company processes certain payments and holds funds on behalf of its restaurant customers consisting of diner prepayments for restaurant reservations as well as to-go orders. While the Company does not have any contractual obligations to hold such cash as restricted, the diner prepayments and associated sales tax are included in restricted cash in the condensed consolidated balance sheet as of September 30, 2022 and December 31, 2021.
Fair Value of Financial Instruments	Fair Value of Financial Instruments Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. Valuation techniques used to measure fair value must maximize the use of observable inputs and minimize the use of unobservable inputs. Accounting Standards Codification (“ASC”) Topic 820, Fair Value Measurement, describes a fair value hierarchy based on three levels of inputs, of which the first two are considered observable and the last unobservable, that may be used to measure fair value. The three-level hierarchy for fair value measurements is defined as follows: Level 1 Inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets; Level 2 Inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability other than quoted prices, either directly or indirectly, including inputs in markets that are not considered to be active; and
Business Combinations	Business Combinations The Company evaluates acquisitions to determine whether it is a business combination or an asset acquisition. The Company accounts for business combinations under the acquisition method of accounting. The Company includes the results of operations of acquired businesses in its condensed consolidated financial statements as of the respective dates of acquisition. The purchase price is allocated to the tangible and intangible assets acquired and liabilities assumed based on their estimated fair values as of the acquisition date, with the excess recorded to goodwill. Critical estimates used in valuing certain acquired intangible assets include, but are not limited to, future expected cash flows (e.g., from customer relationships or technology) and discount rates.
Goodwill and Intangible Assets	Goodwill Goodwill represents the excess of the purchase price over the estimated fair value of net tangible and identifiable intangible assets acquired in business combinations. The recognition of goodwill represents the strategic and synergistic benefits the Company expects to realize from acquisitions. Goodwill is not amortized to earnings, rather, assessed for impairment annually during the fourth quarter for its single reporting unit. The Company also performs an assessment at other times if events or changes in circumstances indicate the carrying value of the assets may not be recoverable. Intangible Assets The Company’s intangible assets are finite-lived and are amortized on a straight-line basis over their estimated remaining life, which is aligned to the economic benefit of the asset.
Long-Lived Assets	Long-Lived Assets Long-lived assets or asset groups are reviewed periodically for impairment whenever events or changes in circumstances indicate the carrying amount of an asset or asset group may not be fully recoverable. Upon occurrence, recoverability is measured by comparing the sum of the undiscounted expected future cash flows the asset or asset group is expected to generate to its carrying amount. If the carrying amount of the asset or asset group exceeds its undiscounted expected future cash flows, an impairment loss is recognized in the amount of the excess of the carrying amount over the fair value. Any impairments are treated as permanent reductions in the carrying amount of the respective asset.
Leases	Leases ASC Topic 842, Leases The Company adopted ASC Topic 842, Leases ("ASC Topic 842"), as of January 1, 2022. The Company determines if an arrangement is or contains a lease at inception by assessing whether the arrangement conveys the right to control the use of an identified asset. The Company classifies, measures and recognizes a lease liability on the lease commencement date based on the present value of lease payments over the remaining lease term. As of September 30, 2022, the Company's leases are classified as operating leases. The Company uses an estimated incremental borrowing rate based on information available at the lease commencement date in determining the present value of future payments as the rate implicit in the lease is not generally known. The incremental borrowing rate is based on the rate of interest the Company would have to pay to borrow on a collateralized basis over a similar term an amount equal to the lease payments in a similar economic environment. Operating right-of-use assets related to operating lease liabilities equal the amount of the initial measurement of the lease liability adjusted for any initial direct costs, prepaid rent and lease incentives received. Lease terms that are used in determining operating lease liabilities at lease inception may include options to extend or terminate the leases and when it is reasonably certain that the Company will exercise such options. Operating lease expense is recorded on a straight-line basis over the lease term. The straight-line expense is allocated within the condensed consolidated statements of operations based on departmental employee headcount. Variable lease costs are recognized as incurred and allocated within the condensed consolidated statements of operations based on departmental employee headcount. The Company has applied practical expedients for lease agreements with lease and non-lease components, and in such cases, accounts for the components as a single lease component. The Company has also elected not to recognize operating right-of-use assets and operating lease liabilities for any lease with an original lease term of less than one year. Operating lease right-of-use assets are included in non-current assets on the condensed consolidated balance sheets for the entire lease term. The Company includes the portion of the total lease payments, net of implicit interest, that are due in the next 12 months in current liabilities and the remaining portion in non-current liabilities on the condensed consolidated balance sheets. The difference between straight-line lease expense and the cash paid for leases is included as non-cash lease expense in the adjustments to reconcile net loss to net cash provided by operating activities on the condensed consolidated statements of cash flows. Operating sublease income is recognized on a straight-line basis over the sublease term and is allocated within the condensed consolidated statements of operations based on departmental employee headcount. ASC Topic 840, Leases Prior to the adoption of ASC Topic 842, the Company categorized leases at their inception as either operating or capital leases in accordance with ASC Topic 842, Leases. In the ordinary course of business, the Company enters into long term operating leases for office space. The Company’s headquarters is located in New York, NY. As of December 31, 2021, the Company also had office leases in Portland, OR, Los Angeles, CA, Chicago, IL, and Dublin, Ireland, all of which included varying commencement and expiration dates. The Company recognized rent expense on a straight-line basis over the lease period and accrued for rent expense as incurred, but not paid. Any related lease incentives were recorded as a reduction in rent expense on a straight-line basis over the lease term. The Company classified deferred rent and lease incentives as current based on the rent expense that would have been recognized during the succeeding twelve-month period from the balance sheet date. All other deferred rent and lease incentives were recorded as non-current in the condensed consolidated balance sheets. The Company recognized any sublease rental income on a straight-line basis as an offset to rent expense.
Net Income/(Loss) Per Share Attributable to Class A, Class B and Class C Common Stockholders	Net Income/(Loss) Per Share Attributable to Class A, Class B and Class C Common Stockholders The Company calculates net income/(loss) per share attributable to Class A, Class B and Class C common stockholders using the two-class method required for companies with participating securities. The Company considers redeemable convertible preferred stock to be participating securities as holders of such securities have non-forfeitable dividend rights in the event of the Company’s declaration of a dividend for shares of Class A, Class B and Class C common stock. During periods when the Company is in a net loss position, the net loss attributable to Class A, Class B and Class C common stockholders is not allocated to the redeemable convertible preferred stock and unvested Class A, Class B and Class C common stock under the two-class method as these securities do not have a contractual obligation to share in the Company’s losses. Payment in excess of the carrying value on the redemption of redeemable convertible preferred stock represents a deemed dividend to the redeemable convertible preferred stockholder. Accordingly, the difference between the amount paid upon redemption and the carrying value of the redeemable convertible preferred stock is deducted from (if a premium) or added to (if a discount) net income to arrive at net income/(loss) available to Class A, Class B and Class C common stockholders. Distributed and undistributed earnings allocated to participating securities are subtracted from net income/(loss) in determining net income/(loss) attributable to Class A, Class B and Class C common stockholders. Basic net income/(loss) per share is computed by dividing net income/(loss) attributable to Class A, Class B and Class C common stockholders by the weighted-average number of shares of the Company’s Class A, Class B and Class C common stock outstanding.
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements Under the JOBS Act, emerging growth companies can delay adopting new or revised accounting standards issued subsequent to the enactment of the JOBS Act, until such time as those standards apply to private companies. The Company has elected to use this extended transition period for complying with new or revised accounting standards that have different effective dates for public and private companies. See “Note 1. Description of Business” for further information on the Company's status as an emerging growth company. Accounting Pronouncements Recently Adopted In February 2016, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2016-02 , Leases (Topic 842) (“ASU 2016-02”). This standard requires lessees to recognize a right-of-use asset and a lease liability for operating leases initially measured at the present value of the lease payments in its condensed consolidated balance sheets. The standard also requires a lessee to recognize a single lease cost, calculated so that the cost of the lease is allocated over the lease term, on a generally straight-line basis. In July 2018, the FASB issued ASU 2018-10, Leases (Topic 842): Codification Improvements (“ASU 2018-10”) and ASU 2018-11, Leases (Topic 842): Targeted Improvements (“ASU 2018-11”), to provide additional guidance for the adoption of ASU 2016-02. ASU 2018-10 clarifies certain provisions and corrects unintended applications of the guidance. ASU 2018-11 provides an alternative transition method which allows entities the option to present all prior periods under previous lease accounting guidance while recognizing the cumulative effect of applying the new standard as an adjustment to the opening balance of retained earnings in the year of adoption. In June 2020, the FASB issued ASU No. 2020-05, Revenue from Contracts with Customers (Topic 606) and Leases (Topic 842): Deferral of the Effective Date , which requires nonpublic companies to adopt the provisions of ASU 2016-02 for fiscal years beginning after December 15, 2021, and for interim periods in fiscal years beginning after December 15, 2022. The Company adopted this standard as of January 1, 2022 using the modified retrospective approach. Pursuant to the practical expedients, the Company has elected not to reassess: (i) whether expired or existing contracts are or contain leases, (ii) the lease classification for any expired or existing leases, or, (iii) initial direct costs for any existing leases. The Company recognized $100,998 of operating lease right-of-use assets and $127,009 of operating lease liabilities on its condensed consolidated balance sheets as of January 1, 2022 with the difference being primarily adjustments for deferred rent and remaining lease incentive balances. The adoption of this standard did not have a material impact on the Company’s condensed consolidated statements of operations. See "Note 12. Leases" for further information. In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments — Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments (“ASU 2016-13”). This standard requires entities to measure all expected credit losses for financial instruments held at the reporting date based on historical experience, current conditions and reasonable supportable forecasts. It also modifies the impairment model for available-for-sale debt securities and provides a simplified accounting model for purchased financial assets with credit deterioration since their origination. In November 2019, the FASB issued ASU No. 2019-10, Financial Instruments — Credit Losses (Topic 326), Derivatives and Hedging (Topic 815), and Leases (Topic 842) —  Effective Dates , which requires nonpublic companies to adopt the provisions of ASU 2016-13 for fiscal years and interim periods in fiscal years beginning after December 15, 2022. The Company adopted this standard as of January 1, 2022. The adoption of this standard did not have a material impact on the Company’s condensed consolidated financial statements. In January 2017, the FASB issued ASU No. 2017-04, Intangibles — Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment ("ASU 2017-04"), which eliminates Step 2 from the prior guidance’s goodwill impairment test. Step 2 measures a goodwill impairment loss by comparing the implied fair value of a reporting unit’s goodwill with the carrying amount of that goodwill. Instead, entities will record an impairment charge based on the excess of a reporting unit’s carrying amount over its fair value. ASU No. 2017-04 is effective for fiscal years and interim periods in those years beginning after December 15, 2021 for nonpublic entities with early adoption permitted. The Company adopted this standard as of January 1, 2022. The adoption of this standard did not have a material impact on the Company’s condensed consolidated financial statements. In December 2019, the FASB issued ASU 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes . This standard simplifies the accounting for income taxes by removing certain exceptions to the general principles in ASC Topic 740, Income Taxes ("ASC 740"). The amendments also improve consistent application of and simplify GAAP for other areas of ASC 740 by clarifying and amending existing guidance. This standard is effective for nonpublic entities for annual reporting periods beginning after December 15, 2021 and interim periods in annual reporting periods beginning after December 15, 2022 with early adoption permitted. The Company adopted this standard as of January 1, 2022. The adoption of this standard did not have a material impact on the Company’s condensed consolidated financial statements. Accounting Pronouncements Pending Adoption In October 2021, the FASB issued ASU 2021-08, Business Combinations (Topic 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers ("ASC 2021-08"). This standard requires that an entity recognize and measure contract assets and contract liabilities acquired in a business combination in accordance with ASC Topic 606, Revenue from Contracts with Customers, as if the acquirer had originated the contracts. ASU 2021-08 is effective for fiscal years and interim periods in those years beginning after December 15, 2023 for nonpublic entities with early adoption permitted. The Company is currently evaluating the timing of its adoption of this standard and the impact in its condensed consolidated financial statements.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	9 Months Ended
	Sep. 30, 2022
Accounting Policies [Abstract]
Schedule of Assets and Liabilities Related to Payment Processing Transactions	The following table represents the assets and liabilities related to payment processing transactions: September 30, 2022 December 31, 2021 Restricted cash $ 40,831 $ 30,433 Due from vendors 2,928 1,828 Total payment processing assets 43,759 32,261 Funds payable to customers (43,074) (30,137) Sales tax payable (685) (2,124) Total payment processing liabilities (43,759) (32,261) Total payment processing transactions, net $ — $ —

Revenue (Tables)

Revenue (Tables)	9 Months Ended
	Sep. 30, 2022
Revenue from Contract with Customer [Abstract]
Schedule of Revenue by Product Type, Subscription Type and Revenue Recognition Pattern	The following tables summarize revenue by product type, subscription type, and revenue recognition pattern for the periods presented: Three Months Ended September 30, 2022 Nine Months Ended September 30, 2022 Presence Commerce Total Presence Commerce Total Subscription revenue Transferred over time $ 146,055 $ 50,258 $ 196,313 $ 428,434 $ 146,180 $ 574,614 Transferred at a point in time 3,398 — 3,398 10,447 — 10,447 Non-subscription revenue Transferred over time 459 890 1,349 1,299 2,641 3,940 Transferred at a point in time 83 16,553 16,636 291 48,868 49,159 Total revenue $ 149,995 $ 67,701 $ 217,696 $ 440,471 $ 197,689 $ 638,160 Three Months Ended September 30, 2021 Nine Months Ended September 30, 2021 Presence Commerce Total Presence Commerce Total Subscription revenue Transferred over time $ 137,450 $ 44,642 $ 182,092 $ 400,268 $ 124,198 $ 524,466 Transferred at a point in time 3,078 — 3,078 8,778 — 8,778 Non-subscription revenue Transferred over time 476 110 586 1,597 254 1,851 Transferred at a point in time 148 15,058 15,206 657 40,866 41,523 Total revenue $ 141,152 $ 59,810 $ 200,962 $ 411,300 $ 165,318 $ 576,618
Schedule of Revenue by Geography	Revenue by geography is based on the customer’s self-reported country identifier or, if not available, the billing address or IP address, and was as follows: Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 United States $ 157,409 $ 130,133 $ 456,583 $ 398,693 International 60,287 70,829 181,577 177,925 Total revenue $ 217,696 $ 200,962 $ 638,160 $ 576,618
Schedule of Capitalized Contract Costs	Assets capitalized related to contract costs consisted of the following: September 30, 2022 December 31, 2021 Capitalized referral fees, current $ 5,926 $ 4,813 Capitalized referral fees, non-current 8,054 7,713 Capitalized app fees, current 957 1,202 Sales commissions, current 433 221 Sales commissions, non-current 159 131 Total capitalized contract costs $ 15,529 $ 14,080

Acquisitions (Tables)

Acquisitions (Tables)	9 Months Ended
	Sep. 30, 2022
Business Combination and Asset Acquisition [Abstract]
Schedule of Purchase Price Allocation	The following table sets forth the allocation of the purchase price to the fair value of the identifiable tangible and intangible assets acquired and liabilities assumed, with the excess recorded to goodwill: Tock Net tangible assets acquired $ 13,004 Deferred income tax liability (724) Customer relationships – restaurants 37,000 Customer relationships – enterprise 16,000 Tradename 5,000 Developed technology 3,000 Net assets acquired 73,280 Consideration 425,710 Goodwill $ 352,430 Amount Consideration transferred $ 425,710 Less: Issuances of Class C common stock (188,179) Less: Cash acquired (18,350) Less: Restricted cash (17,011) Cash paid for acquisitions, net of acquired cash $ 202,170

Investment in Marketable Secu_2

Investment in Marketable Securities (Tables)	9 Months Ended
	Sep. 30, 2022
Investments, Debt and Equity Securities [Abstract]
Schedule of Available-for-sale Marketable Securities	The following tables represent the amortized cost, gross unrealized gains and losses and fair market value of the Company’s available-for-sale (“AFS”) marketable securities: September 30, 2022 Amortized Gross Unrealized Gains Gross Unrealized Losses Aggregate Fair Value Corporate bonds and commercial paper $ 15,187 $ — $ (122) $ 15,065 Asset backed securities 3,008 — (24) 2,984 U.S. treasuries 9,881 — (182) 9,699 Total investment in marketable securities $ 28,076 $ — $ (328) $ 27,748 December 31, 2021 Amortized Gross Unrealized Gains Gross Unrealized Losses Aggregate Fair Value Corporate bonds and commercial paper $ 19,301 $ — $ (14) $ 19,287 Asset backed securities 6,190 2 — 6,192 U.S. treasuries 6,003 — (26) 5,977 Total investment in marketable securities $ 31,494 $ 2 $ (40) $ 31,456
Schedule of Debt Securities, Available-for-Sale, Unrealized Loss Position, Fair Value	The Company's gross unrealized losses and fair values for those investments that were in an unrealized loss position as of September 30, 2022 and December 31, 2021, aggregated by investment category and the length of time that individual securities have been in a continuous loss position are as follows: September 30, 2022 Less than 12 months 12 months or Greater Total Aggregate Fair Value Gross Unrealized Losses Aggregate Fair Value Gross Unrealized Losses Aggregate Fair Value Gross Unrealized Losses Corporate bonds and commercial paper $ 13,076 $ (95) $ 1,989 $ (27) $ 15,065 $ (122) Asset backed securities $ 2,984 $ (24) $ — $ — $ 2,984 $ (24) U.S. treasuries $ 5,803 $ (76) $ 3,896 $ (106) $ 9,699 $ (182) Total investment in marketable securities $ 21,863 $ (195) $ 5,885 $ (133) $ 27,748 $ (328) December 31, 2021 Less than 12 months 12 months or Greater Total Aggregate Fair Value Gross Unrealized Losses Aggregate Fair Value Gross Unrealized Losses Aggregate Fair Value Gross Unrealized Losses Corporate bonds and commercial paper $ 19,287 $ (14) $ — $ — $ 19,287 $ (14) Asset backed securities $ 6,192 $ — $ — $ — $ 6,192 $ — U.S. treasuries $ 5,977 $ (26) $ — $ — $ 5,977 $ (26) Total investment in marketable securities $ 31,456 $ (40) $ — $ — $ 31,456 $ (40)
Schedule of Contractual Maturities	The contractual maturities of the investments classified as marketable securities were as follows: September 30, 2022 December 31, 2021 Due within 1 year $ 25,774 $ 19,248 Due in 1 year through 5 years 1,974 12,208 Total investment in marketable securities $ 27,748 $ 31,456

Fair Value of Financial Instr_2

Fair Value of Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2022
Fair Value Disclosures [Abstract]
Schedule of Investments in Marketable Securities	A summary of the Company’s investments in marketable securities (including, if applicable, those marketable securities classified as cash and cash equivalents) were as follows: September 30, 2022 Level 1 Level 2 Level 3 Total Cash equivalents Money market funds $ 85,634 $ — $ — $ 85,634 Available-for-sale debt securities Corporate bonds and commercial paper — 15,065 — 15,065 Asset backed securities — 2,984 — 2,984 U.S. treasuries 9,699 — — 9,699 Total $ 95,333 $ 18,049 $ — $ 113,382 December 31, 2021 Level 1 Level 2 Level 3 Total Cash equivalents Money market funds $ 81,501 $ — $ — $ 81,501 Available-for-sale debt securities Corporate bonds and commercial paper — 19,287 — 19,287 Asset backed securities — 6,192 — 6,192 U.S. treasuries 5,977 — — 5,977 Total $ 87,478 $ 25,479 $ — $ 112,957

Prepaid Expenses and Other Cu_2

Prepaid Expenses and Other Current Assets (Tables)	9 Months Ended
	Sep. 30, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Schedule of Prepaid Expenses and Other Current Assets	Prepaid expenses and other current assets consisted of the following: September 30, 2022 December 31, 2021 Prepaid advertising expenses $ 1,013 $ 16,236 Prepaid income taxes 24,026 22,032 Prepaid operational expenses 14,364 12,301 Receivables for leasehold improvements — 5,186 Prepaid referrals, current 5,926 4,813 Other current assets 1,437 6,531 Total prepaid expenses and other current assets $ 46,766 $ 67,099

Accrued Liabilities (Tables)

Accrued Liabilities (Tables)	9 Months Ended
	Sep. 30, 2022
Payables and Accruals [Abstract]
Schedule of Accrued Liabilities	Accrued liabilities consisted of the following: September 30, 2022 December 31, 2021 Accrued marketing expenses $ 24,713 $ 23,042 Accrued indirect taxes 25,059 19,565 Accrued leasehold improvement expenditures — 1,228 Accrued product expenses 4,514 1,359 Accrued payroll expense 4,059 2,900 Other accrued expenses 10,452 12,767 Total accrued liabilities $ 68,797 $ 60,861

Debt (Tables)

Debt (Tables)	9 Months Ended
	Sep. 30, 2022
Debt Disclosure [Abstract]
Schedule of Debt Outstanding	Debt outstanding as of September 30, 2022 and December 31, 2021 was as follows: September 30, 2022 December 31, 2021 Term Loan $ 519,662 $ 529,852 Less: unamortized original issue discount (2,096) (2,635) Less: unamortized deferred financing costs (464) (584) Less: debt, current (32,627) (13,586) Total debt, non-current $ 484,475 $ 513,047
Schedule of Principal Payments	The scheduled principal payments required under the terms of the 2020 Credit Facility are as follows: Year Ending December 31, Amount Remainder of 2022 $ 3,396 2023 40,758 2024 40,758 2025 434,750 Total $ 519,662

Leases (Tables)

Leases (Tables)	9 Months Ended
	Sep. 30, 2022
Leases [Abstract]
Schedule of Operating Lease Expenses	The components of operating lease expense, net recognized in the condensed consolidated statements of operations were as follows: Three Months Ended September 30, 2022 Nine Months Ended September 30, 2022 Operating lease costs Operating lease costs $ 5,231 $ 12,655 Variable lease costs 533 1,402 Short-term lease costs 42 90 Operating lease income Sublease income 161 $ 471 Total operating lease expense, net $ 5,645 $ 13,676 Supplemental disclosure of cash and non-cash operating activities related to operating leases were as follows: Nine Months Ended September 30, 2022 Cash paid for amounts included in the measurement of operating lease liabilities, net of cash received for lease incentives $ 10,328 Operating lease right-of-use assets obtained in exchange for operating lease liabilities $ 255 As of September 30, 2022, the weighted-average lease term and discount rate related to operating leases were as follows: September 30, 2022 Weighted-average remaining lease term (in years) 8.50 Weighted-average discount rate use in measuring operating lease liabilities 3.75 %
Schedule of Maturities of Operating Lease Liabilities	As of September 30, 2022, maturities of operating lease liabilities were as follows: Year Ending December 31, Amount Remainder of 2022 $ 3,811 2023 15,767 2024 16,380 2025 16,767 2026 17,490 Thereafter 75,186 Total operating lease payments 145,401 Less: imputed interest (21,636) Total operating lease liabilities $ 123,765

Redeemable Convertible Prefer_2

Redeemable Convertible Preferred Stock (Tables)	9 Months Ended
	Sep. 30, 2022
Temporary Equity Disclosure [Abstract]
Schedule of Temporary Equity	The authorized, issued and outstanding shares of the redeemable convertible preferred stock immediately prior to the conversion into common stock were as follows: Authorized and Originally Issued Shares Outstanding Shares Net Carrying Value A-1 Preferred Stock 57,999,960 54,431,446 $ 5 A-2 Preferred Stock 47,483,380 39,134,868 63,462 B Preferred Stock 12,634,398 10,880,018 68,892 Total 118,117,738 104,446,332 $ 132,359 The Company’s Series A-1 redeemable convertible preferred stock did not have any liquidation preference. The liquidation preferences for Series A-2 and Series B redeemable convertible preferred stock immediately prior to the conversion into common stock were as follows: Liquidation Preferences Issuance Price/Liquidation Preference Per Share Series A-2 $ 31,699 $ 0.81 Series B 34,490 $ 3.17 Total $ 66,189 The redemption value of the redeemable convertible preferred stock immediately prior to the conversion into common stock was as follows: Redemption Value Series A-2 $ 63,462 Series B 68,891 Total redemption value $ 132,353

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive (Loss)/Income (Tables)	9 Months Ended
	Sep. 30, 2022
Equity [Abstract]
Schedule of Accumulated Other Comprehensive Income/(Loss)	Accumulated other comprehensive (loss)/income activity for the three and nine months ended September 30, 2022 and 2021 was as follows: Foreign Currency Translation Adjustments Net Unrealized Losses on Marketable Securities Total Accumulated Other Comprehensive Loss Balance at December 31, 2021 $ (170) $ (38) $ (208) Other comprehensive loss before reclassifications (801) (178) (979) Other comprehensive loss (801) (178) (979) Balance at March 31, 2022 $ (971) $ (216) $ (1,187) Other comprehensive loss before reclassifications (2,037) (77) (2,114) Other comprehensive loss (2,037) (77) (2,114) Balance at June 30, 2022 $ (3,008) $ (293) $ (3,301) Other comprehensive loss before reclassifications (2,275) (35) (2,310) Other comprehensive loss (2,275) (35) (2,310) Balance at September 30, 2022 $ (5,283) $ (328) $ (5,611) Foreign Currency Translation Adjustments Net Unrealized Gains/(Losses) on Marketable Securities Total Accumulated Other Comprehensive Income/(Loss) Balance at December 31, 2020 $ 2,341 $ 114 $ 2,455 Other comprehensive loss before reclassifications (1,282) (45) (1,327) Other comprehensive loss (1,282) (45) (1,327) Balance at March 31, 2021 $ 1,059 $ 69 $ 1,128 Other comprehensive income/(loss) before reclassifications 788 (46) 742 Other comprehensive income/(loss) 788 (46) 742 Balance at June 30, 2021 $ 1,847 $ 23 $ 1,870 Other comprehensive loss before reclassifications (861) (35) (896) Other comprehensive loss (861) (35) (896) Balance at September 30, 2021 $ 986 $ (12) $ 974

Stock-based Compensation (Table

Stock-based Compensation (Tables)	9 Months Ended
	Sep. 30, 2022
Share-Based Payment Arrangement [Abstract]
Schedule of Stock-Based Compensation	The classification of stock-based compensation by line item in the condensed consolidated statements of operations is as follows: Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 Cost of revenue $ 1,000 $ 440 $ 2,470 $ 1,095 Research and product development 9,462 8,782 31,138 23,820 Marketing and sales 2,252 1,716 6,246 4,457 General and administrative 11,380 12,796 35,197 254,727 Total stock-based compensation $ 24,094 $ 23,734 $ 75,051 $ 284,099

Net Income_(Loss) per Share A_2

Net Income/(Loss) per Share Attributable to Class A, Class B and Class C Common Stockholders (Tables)	9 Months Ended
	Sep. 30, 2022
Earnings Per Share [Abstract]
Schedule of Basic and Diluted Loss per Share	The following table sets forth the computation of basic and diluted net income/(loss) per share attributable to Class A, Class B and Class C common stockholders: Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 Numerator: Net income/(loss) $ 10,105 $ 2,839 $ (18,259) $ (232,839) Less: accretion of redeemable convertible preferred stock to redemption value $ — $ — $ — $ (969) Net income/(loss) attributable to Class A, Class B and Class C common stockholders, basic and dilutive $ 10,105 $ 2,839 $ (18,259) $ (233,808) Denominator: Weighted-average shares used in computing net income/(loss) per share attributable to Class A, Class B, and Class C stockholders, basic 137,832,634 138,625,579 139,106,807 80,746,637 Effect of dilutive securities 1,835,085 4,626,138 — — Weighted-average shares used in computing net income/(loss) per share attributable to Class A, Class B, and Class C stockholders, dilutive 139,667,719 143,251,717 139,106,807 80,746,637 Net income/(loss) per share attributable to Class A, Class B, and Class C common stockholders, basic $ 0.07 $ 0.02 $ (0.13) $ (2.90) Net income/(loss) per share attributable to Class A, Class B, and Class C common stockholders, dilutive $ 0.07 $ 0.02 $ (0.13) $ (2.90)
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share	The following weighted-average outstanding shares of potentially dilutive securities were excluded from the computation of diluted net income/(loss) per share attributable to Class A, Class B and Class C common stockholders for the periods presented because including them would have been antidilutive: Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 Outstanding stock options — — 1,214,344 2,041,248 Restricted stock units 5,372,992 1,406,837 7,986,596 5,595,932 Total 5,372,992 1,406,837 9,200,940 7,637,180

Description of Business (Detail

Description of Business (Details) - USD ($) $ in Thousands		9 Months Ended
	Mar. 31, 2021	Sep. 30, 2021
Business Acquisition [Line Items]
Professional fees		$ 25,318
Tock
Business Acquisition [Line Items]
Consideration transferred	$ 425,710

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Narrative (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2022 USD ($) institution	Sep. 15, 2022 USD ($)	Jan. 01, 2022 USD ($)	Dec. 31, 2021 USD ($)
Accounting Policies [Abstract]
Number of financial institutions that hold the company's cash and cash equivalents and marketable securities | institution	3
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating lease right-of-use assets	$ 88,893	$ 255		$ 0
Operating lease liabilities	$ 123,765	$ 252
Accounting Standards Update 2016-02 | Cumulative Effect, Period of Adoption, Adjustment
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating lease right-of-use assets			$ 100,998
Operating lease liabilities			$ 127,009

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Assets and Liabilities Related to Payment Processing Transactions (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Accounting Policies [Abstract]
Restricted cash	$ 40,831	$ 30,433
Due from vendors	2,928	1,828
Total payment processing assets	43,759	32,261
Funds payable to customers	(43,074)	(30,137)
Sales tax payable	(685)	(2,124)
Total payment processing liabilities	(43,759)	(32,261)
Total payment processing transactions, net	$ 0	$ 0

Revenue - Product Type, Subscri

Revenue - Product Type, Subscription Type and Revenue Recognition Pattern (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Disaggregation of Revenue [Line Items]
Total revenue	$ 217,696	$ 200,962	$ 638,160	$ 576,618
Presence
Disaggregation of Revenue [Line Items]
Total revenue	149,995	141,152	440,471	411,300
Commerce
Disaggregation of Revenue [Line Items]
Total revenue	67,701	59,810	197,689	165,318
Subscription revenue | Transferred over time
Disaggregation of Revenue [Line Items]
Total revenue	196,313	182,092	574,614	524,466
Subscription revenue | Transferred at a point in time
Disaggregation of Revenue [Line Items]
Total revenue	3,398	3,078	10,447	8,778
Subscription revenue | Presence | Transferred over time
Disaggregation of Revenue [Line Items]
Total revenue	146,055	137,450	428,434	400,268
Subscription revenue | Presence | Transferred at a point in time
Disaggregation of Revenue [Line Items]
Total revenue	3,398	3,078	10,447	8,778
Subscription revenue | Commerce | Transferred over time
Disaggregation of Revenue [Line Items]
Total revenue	50,258	44,642	146,180	124,198
Subscription revenue | Commerce | Transferred at a point in time
Disaggregation of Revenue [Line Items]
Total revenue	0	0	0	0
Non-subscription revenue | Transferred over time
Disaggregation of Revenue [Line Items]
Total revenue	1,349	586	3,940	1,851
Non-subscription revenue | Transferred at a point in time
Disaggregation of Revenue [Line Items]
Total revenue	16,636	15,206	49,159	41,523
Non-subscription revenue | Presence | Transferred over time
Disaggregation of Revenue [Line Items]
Total revenue	459	476	1,299	1,597
Non-subscription revenue | Presence | Transferred at a point in time
Disaggregation of Revenue [Line Items]
Total revenue	83	148	291	657
Non-subscription revenue | Commerce | Transferred over time
Disaggregation of Revenue [Line Items]
Total revenue	890	110	2,641	254
Non-subscription revenue | Commerce | Transferred at a point in time
Disaggregation of Revenue [Line Items]
Total revenue	$ 16,553	$ 15,058	$ 48,868	$ 40,866

Revenue - Revenue by Geography

Revenue - Revenue by Geography (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Disaggregation of Revenue [Line Items]
Total revenue	$ 217,696	$ 200,962	$ 638,160	$ 576,618
United States
Disaggregation of Revenue [Line Items]
Total revenue	157,409	139,366	456,583
United States | Previously Reported
Disaggregation of Revenue [Line Items]
Total revenue		130,133		398,693
International
Disaggregation of Revenue [Line Items]
Total revenue	$ 60,287	61,596	$ 181,577	0
International | Previously Reported
Disaggregation of Revenue [Line Items]
Total revenue		$ 70,829		$ 177,925

Revenue - Narrative (Details)

Revenue - Narrative (Details) - USD ($)	3 Months Ended				9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Capitalized Contract Cost [Line Items]
Revenue	$ 217,696,000	$ 200,962,000			$ 638,160,000	$ 576,618,000
Contract with customer, liability, revenues recognized	42,213,000	37,837,000			220,342,000	196,992,000
Capitalized contract cost, amortization	2,624,000	2,200,000			7,860,000	6,152,000
Capitalized contract cost, impairment	0	0			0	0
Refund liability	355,000				355,000		$ 506,000
International
Capitalized Contract Cost [Line Items]
Revenue	60,287,000	61,596,000			181,577,000	$ 0
United States
Capitalized Contract Cost [Line Items]
Revenue	$ 157,409,000	$ 139,366,000			$ 456,583,000
Revision of Prior Period, Reclassification, Adjustment | International
Capitalized Contract Cost [Line Items]
Revenue			$ 5,132,000	$ 4,101,000
Revision of Prior Period, Reclassification, Adjustment | United States
Capitalized Contract Cost [Line Items]
Revenue			$ (5,132,000)	$ (4,101,000)

Revenue - Capitalized Contract

Revenue - Capitalized Contract Costs (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Capitalized Contract Cost [Line Items]
Capitalized contract cost, net	$ 15,529	$ 14,080
Prepaid referral fees
Capitalized Contract Cost [Line Items]
Capitalized contract cost, current	5,926	4,813
Capitalized contract cost, noncurrent	8,054	7,713
Prepaid app fees
Capitalized Contract Cost [Line Items]
Capitalized contract cost, current	957	1,202
Sales commissions
Capitalized Contract Cost [Line Items]
Capitalized contract cost, current	433	221
Capitalized contract cost, noncurrent	$ 159	$ 131

Acquisitions - Narrative (Detai

Acquisitions - Narrative (Details) - Tock $ in Thousands	Mar. 31, 2021 USD ($)
Business Acquisition [Line Items]
Consideration	$ 425,710
Cash paid for acquisition	226,821
Equity issued for acquisition	188,179
Working capital adjustment	10,710
Class C Common Stock
Business Acquisition [Line Items]
Equity issued for acquisition	$ 188,179

Acquisitions - Preliminary Purc

Acquisitions - Preliminary Purchase Price Allocation (Details) - USD ($) $ in Thousands		9 Months Ended
	Mar. 31, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Tock
Goodwill		$ 435,601		$ 435,601
Amount
Cash paid for acquisitions, net of acquired cash		$ 0	$ 202,170
Tock
Tock
Net tangible assets acquired	$ 13,004
Deferred income tax liability	(724)
Net assets acquired	73,280
Consideration	425,710
Goodwill	352,430
Amount
Consideration transferred	425,710
Less: Issuances of Class C common stock	(188,179)
Less: Cash acquired	(18,350)
Less: Restricted cash	(17,011)
Cash paid for acquisitions, net of acquired cash	202,170
Tock | Customer relationships – restaurants
Tock
Intangible assets	37,000
Tock | Customer relationships – enterprise
Tock
Intangible assets	16,000
Tock | Tradename
Tock
Intangible assets	5,000
Tock | Developed technology
Tock
Intangible assets	$ 3,000

Investment in Marketable Secu_3

Investment in Marketable Securities - AFS Marketable Securities (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 28,076		$ 28,076		$ 31,494
Gross Unrealized Gains	0		0		2
Gross Unrealized Losses	(328)		(328)		(40)
Aggregate Fair Value	27,748		27,748		31,456
Unrealized gains (losses) on available-for-sale securities	(35)	$ (35)	(290)	$ (126)
Corporate bonds and commercial paper
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	15,187		15,187		19,301
Gross Unrealized Gains	0		0		0
Gross Unrealized Losses	(122)		(122)		(14)
Aggregate Fair Value	15,065		15,065		19,287
Asset backed securities
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	3,008		3,008		6,190
Gross Unrealized Gains	0		0		2
Gross Unrealized Losses	(24)		(24)		0
Aggregate Fair Value	2,984		2,984		6,192
U.S. treasuries
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	9,881		9,881		6,003
Gross Unrealized Gains	0		0		0
Gross Unrealized Losses	(182)		(182)		(26)
Aggregate Fair Value	$ 9,699		$ 9,699		$ 5,977

Investment in Marketable Secu_4

Investment in Marketable Securities - Gross Unrealized Losses and Fair Values (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Debt Securities, Available-for-Sale, Unrealized Loss Position [Line Items]
Less than 12 months, Aggregate Fair Value	$ 21,863	$ 31,456
Less than 12 months, Gross Unrealized Losses	(195)	(40)
12 months or Greater, Aggregate Fair Value	5,885	0
12 months or Greater, Gross Unrealized Losses	(133)	0
Total, Aggregate Fair Value	27,748	31,456
Total, Gross Unrealized Losses	(328)	(40)
Corporate bonds and commercial paper
Debt Securities, Available-for-Sale, Unrealized Loss Position [Line Items]
Less than 12 months, Aggregate Fair Value	13,076	19,287
Less than 12 months, Gross Unrealized Losses	(95)	(14)
12 months or Greater, Aggregate Fair Value	1,989	0
12 months or Greater, Gross Unrealized Losses	(27)	0
Total, Aggregate Fair Value	15,065	19,287
Total, Gross Unrealized Losses	(122)	(14)
Asset backed securities
Debt Securities, Available-for-Sale, Unrealized Loss Position [Line Items]
Less than 12 months, Aggregate Fair Value	2,984	6,192
Less than 12 months, Gross Unrealized Losses	(24)	0
12 months or Greater, Aggregate Fair Value	0	0
12 months or Greater, Gross Unrealized Losses	0	0
Total, Aggregate Fair Value	2,984	6,192
Total, Gross Unrealized Losses	(24)	0
U.S. treasuries
Debt Securities, Available-for-Sale, Unrealized Loss Position [Line Items]
Less than 12 months, Aggregate Fair Value	5,803	5,977
Less than 12 months, Gross Unrealized Losses	(76)	(26)
12 months or Greater, Aggregate Fair Value	3,896	0
12 months or Greater, Gross Unrealized Losses	(106)	0
Total, Aggregate Fair Value	9,699	5,977
Total, Gross Unrealized Losses	$ (182)	$ (26)

Investment in Marketable Secu_5

Investment in Marketable Securities - Contractual Maturities (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Investments, Debt and Equity Securities [Abstract]
Due within 1 year	$ 25,774	$ 19,248
Due in 1 year through 5 years	1,974	12,208
Total investment in marketable securities	$ 27,748	$ 31,456

Fair Value of Financial Instr_3

Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	$ 27,748	$ 31,456
Total	113,382	112,957
Corporate bonds and commercial paper
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	15,065	19,287
Asset backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	2,984	6,192
U.S. treasuries
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	9,699	5,977
Money market funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	85,634	81,501
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total	95,333	87,478
Level 1 | Corporate bonds and commercial paper
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	0	0
Level 1 | Asset backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	0	0
Level 1 | U.S. treasuries
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	9,699	5,977
Level 1 | Money market funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	85,634	81,501
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total	18,049	25,479
Level 2 | Corporate bonds and commercial paper
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	15,065	19,287
Level 2 | Asset backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	2,984	6,192
Level 2 | U.S. treasuries
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	0	0
Level 2 | Money market funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	0	0
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total	0	0
Level 3 | Corporate bonds and commercial paper
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	0	0
Level 3 | Asset backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	0	0
Level 3 | U.S. treasuries
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	0	0
Level 3 | Money market funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	$ 0	$ 0

Prepaid Expenses and Other Cu_3

Prepaid Expenses and Other Current Assets (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Prepaid advertising expenses	$ 1,013	$ 16,236
Prepaid income taxes	24,026	22,032
Prepaid operational expenses	14,364	12,301
Receivables for leasehold improvements	0	5,186
Prepaid referrals, current	5,926	4,813
Other current assets	1,437	6,531
Total prepaid expenses and other current assets	$ 46,766	$ 67,099

Accrued Liabilities (Details)

Accrued Liabilities (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Payables and Accruals [Abstract]
Accrued marketing expenses	$ 24,713	$ 23,042
Accrued indirect taxes	25,059	19,565
Accrued leasehold improvement expenditures	0	1,228
Accrued product expenses	4,514	1,359
Accrued payroll expense	4,059	2,900
Other accrued expenses	10,452	12,767
Total accrued liabilities	$ 68,797	$ 60,861

Debt - Debt Outstanding (Detail

Debt - Debt Outstanding (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Debt Disclosure [Abstract]
Term Loan	$ 519,662	$ 529,852
Less: unamortized original issue discount	(2,096)	(2,635)
Less: unamortized deferred financing costs	(464)	(584)
Less: debt, current	(32,627)	(13,586)
Total debt, non-current	$ 484,475	$ 513,047

Debt - Narrative (Details)

Debt - Narrative (Details)	3 Months Ended						9 Months Ended
	Mar. 31, 2023	Dec. 31, 2022	Sep. 30, 2022 USD ($)	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2020	Sep. 30, 2022 USD ($) time	Dec. 11, 2020 USD ($)	Dec. 12, 2019 USD ($)
Line of Credit Facility [Line Items]
Security deposit							$ 2,388,000
2020 Credit Agreement
Line of Credit Facility [Line Items]
Basis spread on variable rate (as a percent)							1.50%
Effective interest rate (as a percent)			4.63%				4.63%
Debt instrument, covenant, Indebtedness to Consolidated EBITDA ratio			4	4.25	4.25	4.50
Debt instrument, covenant, Indebtedness to Consolidated EBITDA ratio, step-up amount							0.50
Debt Instrument, covenant, Indebtedness to Consolidated EBITDA ratio, step-up, number of step-ups available | time							2
2020 Credit Agreement | Forecast
Line of Credit Facility [Line Items]
Debt instrument, covenant, Indebtedness to Consolidated EBITDA ratio	3.75	4
Term Loan | 2019 Credit Agreement
Line of Credit Facility [Line Items]
Maximum borrowing capacity									$ 350,000
Term Loan | 2020 Credit Agreement
Line of Credit Facility [Line Items]
Maximum borrowing capacity								$ 550,000,000
Revolving Credit Facility | 2019 Credit Agreement
Line of Credit Facility [Line Items]
Maximum borrowing capacity									25,000
Revolving Credit Facility | 2020 Credit Agreement
Line of Credit Facility [Line Items]
Remaining borrowing capacity			$ 17,745,000				$ 17,745,000
Revolving Credit Facility | 2020 Credit Agreement | Minimum
Line of Credit Facility [Line Items]
Commitment fee percentage (as a percent)							0.20%
Revolving Credit Facility | 2020 Credit Agreement | Maximum
Line of Credit Facility [Line Items]
Commitment fee percentage (as a percent)							0.25%
Letter of Credit | 2019 Credit Agreement
Line of Credit Facility [Line Items]
Maximum borrowing capacity									$ 15,000
Letter of Credit | 2020 Credit Agreement
Line of Credit Facility [Line Items]
Line of credit outstanding			$ 7,255,000				$ 7,255,000

Debt - Scheduled Principal Paym

Debt - Scheduled Principal Payments (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Debt Disclosure [Abstract]
Remainder of 2022	$ 3,396
2023	40,758
2024	40,758
2025	434,750
Total	$ 519,662	$ 529,852

Income Taxes (Details)

Income Taxes (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Income Tax Disclosure [Abstract]
(Provision for)/benefit from income taxes	$ (3,277,000)	$ (3,756,000)	$ (7,446,000)	$ 12,439,000
Effective income tax rate (as a percent)	(24.50%)	(57.00%)	68.90%	(5.10%)
Unrecognized tax benefits	$ 10,256,000	$ 6,948,000	$ 10,256,000	$ 6,948,000
Unrecognized tax benefits that would affect the effective tax rate		1,095,000		1,095,000
Unrecognized tax benefits that would not affect the effective tax rate		$ 5,853,000		$ 5,853,000
Accrued interest and penalties	$ 0		$ 0

Commitment and Contingencies (D

Commitment and Contingencies (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Commitments and Contingencies Disclosure [Abstract]
Indirect tax liability	$ 25,059	$ 19,565

Leases - Narrative (Details)

Leases - Narrative (Details) $ in Thousands	3 Months Ended	9 Months Ended	13 Months Ended
	Sep. 30, 2022 USD ($)	Sep. 30, 2022 USD ($)	May 30, 2023 USD ($)	Sep. 15, 2022 USD ($)	Mar. 10, 2022 sublease	Dec. 31, 2021 USD ($)
Lessee, Lease, Description [Line Items]
Number of properties subleased | sublease					1,000
Sublease income	$ 161	$ 471
Total operating lease liabilities	123,765	123,765		$ 252
Operating lease right-of-use assets	88,893	88,893		$ 255		$ 0
Operating lease, right of use asset, decrease from lease term reassessment	3,213	3,213
Operating lease, lease liability, decrease from lease term reassessment	3,213	3,213
Operating lease, impairment loss	1,694	1,694
Illinois
Lessee, Lease, Description [Line Items]
Sublease income	$ 75	200
Illinois | Forecast
Lessee, Lease, Description [Line Items]
Sublease income			$ 409
California
Lessee, Lease, Description [Line Items]
Additional operating lease expense recorded		$ 258

Leases - Operating Lease Costs

Leases - Operating Lease Costs (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2022
Leases [Abstract]
Operating lease costs	$ 5,231	$ 12,655
Variable lease costs	533	1,402
Short-term lease costs	42	90
Sublease income	161	471
Total operating lease expense, net	$ 5,645	$ 13,676

Leases - Supplemental Disclosur

Leases - Supplemental Disclosure of Cash and Non-Cash and Other Operating Activities (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2022 USD ($)
Leases [Abstract]
Cash paid for amounts included in the measurement of operating lease liabilities, net of cash received for lease incentives	$ 10,328
Operating lease right-of-use assets obtained in exchange for operating lease liabilities	$ 255
Weighted-average remaining lease term (in years)	8 years 6 months
Weighted-average discount rate use in measuring operating lease liabilities (as a percent)	3.75%

Leases - Operating Lease Maturi

Leases - Operating Lease Maturities (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Sep. 15, 2022
Leases [Abstract]
Remainder of 2022	$ 3,811
2023	15,767
2024	16,380
2025	16,767
2026	17,490
Thereafter	75,186
Total operating lease payments	145,401
Less: imputed interest	(21,636)
Total operating lease liabilities	$ 123,765	$ 252

Redeemable Convertible Prefer_3

Redeemable Convertible Preferred Stock - Narrative (Details) - $ / shares		3 Months Ended
	May 19, 2021	Jun. 30, 2021	Sep. 30, 2022	Dec. 31, 2021	May 10, 2021
Temporary Equity [Line Items]
Preferred stock shares authorized (in shares)			100,000,000	100,000,000	100,000,000
Preferred stock, par value (in dollar per share)			$ 0.0001	$ 0.0001	$ 0.0001
Common Stock | Class A Common Stock
Temporary Equity [Line Items]
Conversion of convertible preferred stock to Class A and Class B common stock in connection with the direct listing (in shares)	54,862,435	54,862,435
Common Stock | Class B Common Stock
Temporary Equity [Line Items]
Conversion of convertible preferred stock to Class A and Class B common stock in connection with the direct listing (in shares)	49,583,897	49,583,897

Redeemable Convertible Prefer_4

Redeemable Convertible Preferred Stock - Authorized, Issued and Outstanding Shares of Redeemable Preferred Stock (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	May 19, 2021	Mar. 31, 2021	Dec. 31, 2020
Temporary Equity [Line Items]
Redeemable convertible preferred stock, authorized (in shares)	0			0			118,117,738
Redeemable convertible preferred stock, issued (in shares)	0			0			118,117,738
Redeemable convertible preferred stock, outstanding (in shares)	0	0	0	0	0	0	104,446,332	104,446,332	104,446,332
Net Carrying Value	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0	$ 132,359	$ 132,359	$ 131,390
A-1 Preferred Stock
Temporary Equity [Line Items]
Redeemable convertible preferred stock, authorized (in shares)							57,999,960
Redeemable convertible preferred stock, issued (in shares)							57,999,960
Redeemable convertible preferred stock, outstanding (in shares)							54,431,446
Net Carrying Value							$ 5
A-2 Preferred Stock
Temporary Equity [Line Items]
Redeemable convertible preferred stock, authorized (in shares)							47,483,380
Redeemable convertible preferred stock, issued (in shares)							47,483,380
Redeemable convertible preferred stock, outstanding (in shares)							39,134,868
Net Carrying Value							$ 63,462
B Preferred Stock
Temporary Equity [Line Items]
Redeemable convertible preferred stock, authorized (in shares)							12,634,398
Redeemable convertible preferred stock, issued (in shares)							12,634,398
Redeemable convertible preferred stock, outstanding (in shares)							10,880,018
Net Carrying Value							$ 68,892

Redeemable Convertible Prefer_5

Redeemable Convertible Preferred Stock - Liquidation Preferences (Details) $ / shares in Units, $ in Thousands	May 19, 2021 USD ($) $ / shares
Temporary Equity [Line Items]
Liquidation Preferences | $	$ 66,189
Issuance Price/Liquidation Preference Per Share (in dollars per share) | $ / shares
A-2 Preferred Stock
Temporary Equity [Line Items]
Liquidation Preferences | $	$ 31,699
Issuance Price/Liquidation Preference Per Share (in dollars per share) | $ / shares	$ 0.81
B Preferred Stock
Temporary Equity [Line Items]
Liquidation Preferences | $	$ 34,490
Issuance Price/Liquidation Preference Per Share (in dollars per share) | $ / shares	$ 3.17

Redeemable Convertible Prefer_6

Redeemable Convertible Preferred Stock - Redemption Value (Details) $ in Thousands	May 19, 2021 USD ($)
Temporary Equity [Line Items]
Total redemption value	$ 132,353
A-2 Preferred Stock
Temporary Equity [Line Items]
Total redemption value	63,462
B Preferred Stock
Temporary Equity [Line Items]
Total redemption value	$ 68,891

Stockholders_ Deficit (Details)

Stockholders’ Deficit (Details)					3 Months Ended			9 Months Ended		12 Months Ended
	May 19, 2021 vote $ / shares shares	Mar. 31, 2021 USD ($) shares	Mar. 15, 2021 USD ($) $ / shares shares	Dec. 29, 2020 USD ($)	Sep. 30, 2022 USD ($) $ / shares shares	Jun. 30, 2022 USD ($)	Mar. 31, 2021 USD ($)	Sep. 30, 2022 USD ($) vote $ / shares shares	Sep. 30, 2021 USD ($)	Dec. 31, 2021 USD ($) $ / shares shares	May 10, 2022 USD ($)	May 10, 2021 $ / shares shares	Dec. 07, 2020 USD ($) $ / shares
Class of Stock [Line Items]
Repurchase and retirement of Class A common stock					$ (50,378,000)	$ (35,202,000)
Proceeds from issuance of common stock								$ 0	$ 304,409,000
Issuance of Class C common stock for acquisition							$ 188,179,000
Dividends payable (in dollars per share) | $ / shares													$ 2.666
Dividends payable													$ 328,112,000
Dividends paid				$ 327,745,000				$ 0	$ 367,000	$ 367,000
Class A Common Stock
Class of Stock [Line Items]
Common stock, par value (in dollars per share) | $ / shares	$ 0.0001				$ 0.0001			$ 0.0001		$ 0.0001
Common stock, authorized (in shares) | shares	1,000,000,000				1,000,000,000			1,000,000,000		1,000,000,000
Number of votes for each share of common stock | vote	1
Share repurchase program, authorized amount (up to)											$ 200,000,000
Repurchase of Class A common stock and retirement (in shares) | shares					2,431,995			3,994,455
Repurchase and retirement of Class A common stock					$ (50,378,000)			$ (85,580,000)
Repurchase and retirement of stock, commission expense					$ 49,000			$ 80,000
Stock repurchased and retired during period, average price per share ( in dollar per shares) | $ / shares					$ 21.84			$ 21.40
Remaining authorized repurchase amount					$ 114,420,000			$ 114,420,000
Conversion of Class B common stock into Class A common stock in connection with the direct listing (in shares) | shares										17,382,845
Conversion of Class C common stock to Class A common stock in connection with the direct listing (in shares) | shares	7,202,353
Class B Common Stock
Class of Stock [Line Items]
Common stock, par value (in dollars per share) | $ / shares					$ 0.0001			$ 0.0001		$ 0.0001
Common stock, authorized (in shares) | shares					100,000,000			100,000,000		100,000,000
Number of votes for each share of common stock | vote								10
Common stock, share conversion ratio								1
Conversion of Class B common stock into Class A common stock in connection with the direct listing (in shares) | shares										17,382,845
Class C Common Stock
Class of Stock [Line Items]
Common stock, par value (in dollars per share) | $ / shares			$ 0.0001		$ 0.0001			$ 0.0001		$ 0.0001		$ 0.0001
Common stock, authorized (in shares) | shares			7,673,154		1,000,000,000			1,000,000,000		1,000,000,000		1,000,000,000
Issuance of Class C common stock, net of issuance costs (in shares) | shares			4,452,023
Proceeds from issuance of common stock			$ 304,609,000
Stock issuance costs			$ 200,000
Class C Common Stock | Tock
Class of Stock [Line Items]
Issuance of Class C common stock for acquisition (in shares) | shares		2,750,330
Issuance of Class C common stock for acquisition		$ 188,179,000

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive (Loss)/Income (Details) - USD ($) $ in Thousands	3 Months Ended						9 Months Ended
	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Sep. 30, 2022	Sep. 30, 2021
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	$ (42,086)	$ (89,689)	$ (13,479)	$ (38,150)	$ (177,896)	$ (664,206)	$ (13,479)	$ (664,206)
Other comprehensive income/(loss) before reclassifications	(2,310)	(2,114)	(979)	(896)	742	(1,327)
Total other comprehensive loss	(2,310)	(2,114)	(979)	(896)	742	(1,327)	(5,403)	(1,481)
Ending balance	(62,109)	(42,086)	(89,689)	(15,890)	(38,150)	(177,896)	(62,109)	(15,890)
Accumulated Other Comprehensive Income (Loss)
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(3,301)	(1,187)	(208)	1,870	1,128	2,455	(208)	2,455
Total other comprehensive loss	(2,310)	(2,114)	(979)	(896)	742	(1,327)
Ending balance	(5,611)	(3,301)	(1,187)	974	1,870	1,128	(5,611)	974
Foreign Currency Translation Adjustments
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(3,008)	(971)	(170)	1,847	1,059	2,341	(170)	2,341
Other comprehensive income/(loss) before reclassifications	(2,275)	(2,037)	(801)	(861)	788	(1,282)
Total other comprehensive loss	(2,275)	(2,037)	(801)	(861)	788	(1,282)
Ending balance	(5,283)	(3,008)	(971)	986	1,847	1,059	(5,283)	986
Net Unrealized Gains/(Losses) on Marketable Securities
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(293)	(216)	(38)	23	69	114	(38)	114
Other comprehensive income/(loss) before reclassifications	(35)	(77)	(178)	(35)	(46)	(45)
Total other comprehensive loss	(35)	(77)	(178)	(35)	(46)	(45)
Ending balance	$ (328)	$ (293)	$ (216)	$ (12)	$ 23	$ 69	$ (328)	$ (12)

Stock-based Compensation - Narr

Stock-based Compensation - Narrative (Details)

3 Months Ended

9 Months Ended

12 Months Ended

18 Months Ended

57 Months Ended

58 Months Ended

May 19, 2021 shares

Apr. 15, 2021 USD ($) day tranche installment target $ / shares shares

Aug. 22, 2017 shares

Sep. 30, 2022 USD ($) shares

Sep. 30, 2021 USD ($) shares

Sep. 30, 2022 USD ($) shares

Sep. 30, 2021 USD ($) shares

Dec. 31, 2021 USD ($)

Sep. 30, 2022 shares

Dec. 31, 2026 USD ($)

Sep. 30, 2022 shares

Aug. 24, 2020 $ / shares

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Proceeds from exercise of stock options | $

$ 2,158,000

$ 4,196,000

Stock-based compensation | $

$ 24,094,000

$ 23,734,000

75,051,000

284,099,000

Stock compensation capitalized | $

737,000

240,000

Share-based payment arrangement, accelerated cost | $

1,923,000

4,098,000

Forecast

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Plan modification, lower stock-based compensation expense to be recognized | $

$ 18,247,000

Property and equipment, net

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Stock compensation capitalized | $

478,000

198,000

737,000

240,000

General and administrative

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Stock-based compensation | $

$ 11,380,000

$ 12,796,000

$ 35,197,000

$ 254,727,000

2008 Equity Incentive Plan

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Stock option grants (in shares)

0

Stock option exercises (in shares)

29,797

194,360

642,548

3,170,597

Proceeds from exercise of stock options | $

$ 48,000

$ 630,000

$ 2,158,000

$ 4,196,000

2017 Equity Incentive Plan

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Vested RSUs converted to common shares (in shares)

146,155

2021 Equity Incentive Plan

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Vested RSUs converted to common shares (in shares)

45,286

2021 Equity Incentive Plan | Class A Common Stock

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

RSUs granted (in shares)

659,452

5,851,643

Restricted stock units | Class C Common Stock | Tock

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

RSUs granted (in shares)

438,468

Restricted stock units | 2017 Equity Incentive Plan

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Vesting period (in years)

4 years

Vested RSUs converted to common shares (in shares)

211,261

1,478,728

Reacquired shares in order to satisfy employee tax withholding (in shares)

85,992

652,241

RSUs granted (in shares)

0

Restricted stock units | 2021 Equity Incentive Plan

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Vesting period (in years)

4 years

Vested RSUs converted to common shares (in shares)

26,585

120,246

Reacquired shares in order to satisfy employee tax withholding (in shares)

11,354

37,430

Chief Executive Officer | Casalena Performance Award | General and administrative

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Stock-based compensation | $

$ 7,816,000

$ 23,193,000

Chief Executive Officer | Restricted stock units | Casalena Performance Award | Class A Common Stock

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Vesting period (in years)

5 years

RSUs granted (in shares)

2,750,000

Number of equal tranches | tranche

10

Number of increasing price targets | target

10

Number of consecutive calendar day periods | day

30

Number of equal installments | installment

4

Service vesting condition (in years)

4 years

Equity instruments other than options, grant date fair value | $

$ 83,534,000

RSUs granted, weighted average grant date fair value (in dollars per share) | $ / shares

$ 30.38

Chief Executive Officer | Restricted stock | Executive Restricted Stock Grant | Class B Common Stock

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Vested RSUs converted to common shares (in shares)

4,460,858

RSUs granted (in shares)

4,460,858

Share value on modification date (in dollars per share) | $ / shares

$ 51.40

Chief Executive Officer | Restricted stock | Executive Restricted Stock Grant | Class B Common Stock | General and administrative

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Stock-based compensation | $

$ 229,288,000

Stock-based Compensation - Stoc

Stock-based Compensation - Stock-Based Compensation (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Stock-based compensation	$ 24,094	$ 23,734	$ 75,051	$ 284,099
Cost of revenue
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Stock-based compensation	1,000	440	2,470	1,095
Research and product development
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Stock-based compensation	9,462	8,782	31,138	23,820
Marketing and sales
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Stock-based compensation	2,252	1,716	6,246	4,457
General and administrative
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Stock-based compensation	$ 11,380	$ 12,796	$ 35,197	$ 254,727

Related Party Transactions (Det

Related Party Transactions (Details) - Senior Management of Acquired Company $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2022 USD ($)	Sep. 30, 2022 USD ($)
Related Party Transaction [Line Items]
Revenue from related parties	$ 330	$ 895
Funds due to customers, related parties	$ 3,373	$ 3,373

Net Income_(Loss) per Share A_3

Net Income/(Loss) per Share Attributable to Class A, Class B and Class C Common Stockholders - Computation of Basic and Diluted Loss Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended						9 Months Ended
	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Sep. 30, 2022	Sep. 30, 2021
Numerator:
Net income/(loss)	$ 10,105	$ 64,496	$ (92,860)	$ 2,839	$ (234,532)	$ (1,146)	$ (18,259)	$ (232,839)
Less: accretion of redeemable convertible preferred stock to redemption value	0			0			0	969
Net income/(loss) attributable to Class A, Class B and Class C common stockholders, basic	10,105			2,839			(18,259)	(233,808)
Net income/(loss) attributable to Class A, Class B and Class C common stockholders, dilutive	$ 10,105			$ 2,839			$ (18,259)	$ (233,808)
Denominator:
Weighted-average shares used in computing net loss per share attributable to Class A, Class B, and Class C stockholders, basic (in shares)	137,832,634			138,625,579			139,106,807	80,746,637
Effect of dilutive securities (in shares)	1,835,085			4,626,138			0	0
Weighted-average shares used in computing net loss per share attributable to Class A, Class B, and Class C stockholders, dilutive (in shares)	139,667,719			143,251,717			139,106,807	80,746,637
Net income/(loss) per share attributable to Class A, Class B, and Class C common stockholders, basic (in dollars per share)	$ 0.07			$ 0.02			$ (0.13)	$ (2.90)
Net income/(loss) per share attributable to Class A, Class B, and Class C common stockholders, dilutive (in dollars per share)	$ 0.07			$ 0.02			$ (0.13)	$ (2.90)

Net Income_(Loss) per Share A_4

Net Income/(Loss) per Share Attributable to Class A, Class B and Class C Common Stockholders - Schedule of Potentially Dilutive Securities (Details) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (in shares)	5,372,992	1,406,837	9,200,940	7,637,180
Outstanding stock options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (in shares)	0	0	1,214,344	2,041,248
Restricted stock units
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (in shares)	5,372,992	1,406,837	7,986,596	5,595,932

Subsequent Events (Details)

Subsequent Events (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Dec. 31, 2022	Sep. 30, 2022	Sep. 30, 2021
Subsequent Event [Line Items]
Proceeds from issuance of common stock		$ 0	$ 304,409
Subsequent Event | Forecast
Subsequent Event [Line Items]
Proceeds from issuance of common stock	$ 16,300
Subsequent Event | Forecast | Restricted stock units
Subsequent Event [Line Items]
Vesting period (in years)	4 years