Annual report pursuant to Section 13 and 15(d)

Restricted Cash

v3.22.1
Restricted Cash
12 Months Ended
Dec. 31, 2021
Cash and Cash Equivalents [Abstract]  
Restricted Cash Restricted CashAs of December 31, 2021 and December 31, 2020, the Company maintained bank deposits of $6,938 and $6,856, respectively, which were pledged as collateral for long-term letters of credit issued in favor of airports, in connection with the Company’s obligations under the revenue share agreements. Such amounts also include a letter of credit for the Company’s current New York City corporate headquarters lease agreement. As of December 31, 2021 the Company also had a letter of credit in place for the amount of $6,081 in relation to the new corporate headquarters lease agreement entered into in December 2021.In addition, the Company also has a $16,000 restricted cash account against a letter of credit with a credit card company as a reserve against potential future refunds and chargebacks as of December 31, 2021 and December 31, 2020.