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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues:        
Total revenues $ 127,994 $ 127,408 $ 376,247 $ 349,416
Cost of revenues:        
Total cost of revenues 22,319 21,736 67,906 70,270
Gross profit 105,675 105,672 308,341 279,146
Operating expenses:        
Sales and marketing 38,209 35,330 116,728 109,799
Research and development 28,211 26,638 86,242 78,606
General and administrative 23,751 19,733 68,397 60,514
Digital asset impairment losses 65,165 44,242 684,034 44,242
Total operating expenses 155,336 125,943 955,401 293,161
Income (loss) from operations (49,661) (20,271) (647,060) (14,015)
Interest (expense) income, net (10,723) 209 (17,520) 2,627
Other income (expense), net 1,264 (2,971) 1,631 (4,532)
(Loss) income before income taxes (59,120) (23,033) (662,949) (15,920)
(Benefit from) provision for income taxes (22,984) (8,804) (217,446) (5,735)
Net (loss) income $ (36,136) $ (14,229) $ (445,503) $ (10,185)
Basic (loss) earnings per share [1] $ (3.61) $ (1.48) $ (45.47) $ (1.04)
Weighted average shares outstanding used in computing basic loss per share 9,999 9,616 9,798 9,777
Diluted (loss) earnings per share [1] $ (3.61) $ (1.48) $ (45.47) $ (1.04)
Weighted average shares outstanding used in computing diluted loss per share 9,999 9,616 9,798 9,777
Product licenses        
Revenues:        
Total revenues $ 25,830 $ 29,573 $ 69,261 $ 56,973
Cost of revenues:        
Total cost of revenues 383 545 1,290 1,729
Subscription services        
Revenues:        
Total revenues 10,853 8,305 31,221 24,294
Cost of revenues:        
Total cost of revenues 4,282 3,656 11,720 11,512
Total product licenses and subscription services        
Revenues:        
Total revenues 36,683 37,878 100,482 81,267
Cost of revenues:        
Total cost of revenues 4,665 4,201 13,010 13,241
Product support        
Revenues:        
Total revenues 70,387 71,352 212,063 212,548
Cost of revenues:        
Total cost of revenues 4,679 5,679 14,353 19,234
Other services        
Revenues:        
Total revenues 20,924 18,178 63,702 55,601
Cost of revenues:        
Total cost of revenues $ 12,975 $ 11,856 $ 40,543 $ 37,795
[1] Basic and fully diluted loss per share for class A and class B common stock are the same.