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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenue $ 199,870,000 $ 102,894,000 $ 361,913,000 $ 193,190,000
Cost of sales 51,563,000 26,888,000 94,815,000 49,802,000
Gross margin 148,307,000 76,006,000 267,098,000 143,388,000
Operating expenses:        
Research and development 30,203,000 14,712,000 62,219,000 29,647,000
General and administrative 63,734,000 39,565,000 127,764,000 75,132,000
Sales and marketing 88,190,000 54,431,000 179,129,000 107,839,000
Total operating expenses 182,127,000 108,708,000 369,112,000 212,618,000
Loss from operations (33,820,000) (32,702,000) (102,014,000) (69,230,000)
Other income (expense)        
Investment income 7,669,000 4,917,000 14,324,000 8,590,000
Interest expense (12,712,000) (8,603,000) (34,702,000) (15,113,000)
Total other expense (5,043,000) (3,686,000) (20,378,000) (6,523,000)
Net loss before tax (38,863,000) (36,388,000) (122,392,000) (75,753,000)
Income tax benefit (expense) 443,000 1,000 913,000 (58,000)
Net loss $ (38,420,000) $ (36,387,000) $ (121,479,000) $ (75,811,000)
Net loss per share-basic and diluted (in dollars per share) $ (0.30) $ (0.30) $ (0.95) $ (0.62)
Weighted average common shares outstanding-basic and diluted (in shares) 129,182 122,129 127,723 121,578