I highly recommend folks listen to recent episodes of Ben Thompson’s exponent podcast where he discusses TikTok and its influence in the USA.
He makes the point that US consumers become subject to Chinese censorship policies when using the platform while China outright bans or heavily restricts American companies from operating (eg google search, Facebook).
They are required to disclose it. See page f-59 at the top. You'll note that their lease payments are 1.3B this year but go up every year after.
Edit: the rate of increase is startling. They are going to have an additional 500M in leases on top of their expense this year plus another 200M come 2021 on top of that
Let me try to explain with an example. GAAP requires straight line depreciation of a lease. So if I gave you a 2 year lease on a facility and required a single payment of $1M at the end of the term, you'd account for that as 500K expense in year one, 500K in year 2. In year 1, your cash balance didn't change though right? I only wanted payment in year 2. So you record a 500K deferred rent liability to indicate that the expense has yet to hit your cash balance.
Basically over some set of future years they'll have to pay out 2.8B of cash. But they don't disclose the timing on when those payments come due.
(1) https://corporate.vanguard.com/feecuts