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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues:    
Total revenues $ 115,246 $ 121,915
Cost of revenues:    
Total cost of revenues 30,015 27,941
Gross profit 85,231 93,974
Operating expenses:    
Sales and marketing 33,451 36,106
Research and development 29,183 31,358
General and administrative 34,666 27,906
Digital asset impairment losses 191,633 18,911
Total operating expenses 288,933 114,281
Loss from operations (203,702) (20,307)
Interest expense, net (11,881) (14,930)
Gain on debt extinguishment 0 44,686
Other income (expense), net 1,696 (1,443)
(Loss) income before income taxes (213,887) 8,006
Benefit from income taxes (160,769) (453,187)
Net (loss) income $ (53,118) $ 461,193
Basic (loss) earnings per share (1) [1] $ (3.09) $ 38.97
Weighted average shares outstanding used in computing basic (loss) earnings per share 17,194 11,834
Diluted (loss) earnings per share (1) [1] $ (3.09) $ 31.79
Weighted average shares outstanding used in computing diluted (loss) earnings per share 17,194 14,575
Total product licenses and subscription services    
Revenues:    
Total revenues $ 35,904 $ 36,222
Cost of revenues:    
Total cost of revenues 9,171 8,390
Product licenses    
Revenues:    
Total revenues 12,938 17,412
Cost of revenues:    
Total cost of revenues 567 534
Subscription services    
Revenues:    
Total revenues 22,966 18,810
Cost of revenues:    
Total cost of revenues 8,604 7,856
Product support    
Revenues:    
Total revenues 62,685 65,481
Cost of revenues:    
Total cost of revenues 8,547 5,768
Other services    
Revenues:    
Total revenues 16,657 20,212
Cost of revenues:    
Total cost of revenues $ 12,297 $ 13,783
[1] Basic and fully diluted (loss) earnings per share for class A and class B common stock are the same.