Prepaid expenses and other current assets (Tables)
|9 Months Ended|
Sep. 30, 2021
|Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]|
|Prepaid expenses and other current assets||
Prepaid expenses and other current assets are summarized as follows (in thousands):
(2) As of September 30, 2021, this amount includes various other prepaid contracts. In December 2020, the Company entered into an agreement for access to an investment platform in exchange for 83,334 shares of common stock valued at $0.6 million and also entered into an agreement for marketing services in exchange for 83,334 shares of common stock valued at $0.5 million, both of which are being amortized over 12 months.
Tabular disclosure of the amounts paid in advance for capitalized costs that will be expensed with the passage of time or the occurrence of a triggering event, and will be charged against earnings within one year or the normal operating cycle, if longer; the aggregate carrying amount of current assets, not separately presented elsewhere in the balance sheet; and other deferred costs.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef