Balance Sheet Components (Tables)

6 Months Ended

Jun. 30, 2023

Prepaid expenses and other current assets consisted of the following (in thousands):


	June 30, 2023		December 31, 2022
Prepaid expenses	$	22,499	$	7,857


Forgivable loans	6,023		5,951
Other current assets	1,532		1,219
Total prepaid expenses and other current assets	$	30,054	$	15,027

Accrued expenses and other current liabilities consisted of the following (in thousands):


	June 30, 2023		December 31, 2022
Salaries and related benefit expenses	$	12,891	$	17,481



Accrued legal costs	2,897		1,102
Accrued vendor and advertising costs	1,411		2,726
Accrued taxes	5,076		85,965
Accrued fixed and variable acquisition consideration	1,139		897
Accrued cash-settled stock-based compensation	6,783		2,121
Interest rate derivatives	8,517		—
Other	2,218		920
Total accrued expenses and other current liabilities	$	40,932	$	111,212

Other long-term liabilities consisted of the following (in thousands):


	June 30, 2023		December 31, 2022
Deferred compensation	$	12,235	$	7,974
Accrued cash-settled stock-based compensation	3,864		7,556
Accrued tax positions	4,099		3,616
Interest rate derivatives	8,309		—
Other	2,943		3,330
Other long-term liabilities	$	31,450	$	22,476

AVANTAX, INC. 10-Q