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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues:        
Total revenues $ 125,360 $ 127,994 $ 366,710 $ 376,247
Cost of revenues:        
Total cost of revenues 25,385 22,319 76,266 67,906
Gross profit 99,975 105,675 290,444 308,341
Operating expenses:        
Sales and marketing 35,409 38,209 105,511 116,728
Research and development 30,498 28,211 95,811 86,242
General and administrative 27,283 23,751 82,491 68,397
Digital asset impairment losses 727 65,165 1,088,656 684,034
Total operating expenses 93,917 155,336 1,372,469 955,401
Income (loss) from operations 6,058 (49,661) (1,082,025) (647,060)
Interest expense, net (14,073) (10,723) (38,299) (17,520)
Other income, net 4,897 1,264 12,242 1,631
Loss before income taxes (3,118) (59,120) (1,108,082) (662,949)
Provision for (benefit from) income taxes 23,961 (22,984) 112,046 (217,446)
Net loss $ (27,079) $ (36,136) $ (1,220,128) $ (445,503)
Basic loss per share [1] $ (2.39) $ (3.61) $ (107.99) $ (45.47)
Weighted average shares outstanding used in computing basic loss per share 11,308 9,999 11,299 9,798
Diluted loss per share [1] $ (2.39) $ (3.61) $ (107.99) $ (45.47)
Weighted average shares outstanding used in computing diluted loss per share 11,308 9,999 11,299 9,798
Total product licenses and subscription services        
Revenues:        
Total revenues $ 38,700 $ 36,683 $ 102,204 $ 100,482
Cost of revenues:        
Total cost of revenues 6,801 4,665 18,617 13,010
Product licenses        
Revenues:        
Total revenues 22,286 25,830 58,928 69,261
Cost of revenues:        
Total cost of revenues 406 383 1,314 1,290
Subscription services        
Revenues:        
Total revenues 16,414 10,853 43,276 31,221
Cost of revenues:        
Total cost of revenues 6,395 4,282 17,303 11,720
Product support        
Revenues:        
Total revenues 66,010 70,387 199,682 212,063
Cost of revenues:        
Total cost of revenues 5,224 4,679 15,542 14,353
Other services        
Revenues:        
Total revenues 20,650 20,924 64,824 63,702
Cost of revenues:        
Total cost of revenues $ 13,360 $ 12,975 $ 42,107 $ 40,543
[1] Basic and fully diluted loss per share for class A and class B common stock are the same.